Rare Brussels: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Rare Brussels
Largest movements
- Cash +€204,133
up €204,133 (+231.5%), from €88,186 to €292,319
mainly Tax, wage and social debts (+€89,770) and Trade debts (+€60,950)
- Stocks and contracts -€49,000
down €49,000 (-50.3%), from €97,393 to €48,393
- Receivables within one year +€10,775
up €10,775 (+83.1%), from €12,962 to €23,737
of which Other amounts receivable: +€11,015
- Tax, wage and social debts +€89,770
up €89,770 (+254.4%), from €35,285 to €125,055
of which Remuneration and social security: +€70,610
- Trade debts +€60,950
up €60,950 (+226.9%), from €26,862 to €87,812
- Profit (loss) carried forward +€25,456
up €25,456 (+30.4%), from €83,829 to €109,285
- Other debts -€9,243
down €9,243 (-14.8%), from €62,545 to €53,302
- Staff costs +€31,431
up €31,431 (+25.1%), from €124,996 to €156,427
- Gross operating margin +€17,094
up €17,094 (+9.8%), from €174,036 to €191,130
- Depreciation -€6,731
no longer reported in 2024 (was €6,731)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,298 | €393,231 | +€166,933 | +73.8% |
| Fixed assets | 21/28 | €27,366 | €28,365 | +€999 | +3.7% |
| Tangible fixed assets | 22/27 | €13,037 | €14,036 | +€999 | +7.7% |
| Plant, machinery and equipment | 23 | €5,007 | €5,007 | = | 0.0% |
| Furniture and vehicles | 24 | €3,710 | €3,710 | = | 0.0% |
| Leasing and similar rights | 25 | €699 | €699 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,621 | €4,620 | +€999 | +27.6% |
| Financial fixed assets | 28 | €14,329 | €14,329 | = | 0.0% |
| Current assets | 29/58 | €198,932 | €364,866 | +€165,934 | +83.4% |
| Stocks and contracts in progress | 3 | €97,393 | €48,393 | -€49,000 | -50.3% |
| Stocks | 30/36 | €97,393 | €48,393 | -€49,000 | -50.3% |
| Amounts receivable within one year | 40/41 | €12,962 | €23,737 | +€10,775 | +83.1% |
| Trade receivables | 40 | €10,587 | €10,347 | -€240 | -2.3% |
| Other amounts receivable | 41 | €2,375 | €13,390 | +€11,015 | +463.8% |
| Cash at bank and in hand | 54/58 | €88,186 | €292,319 | +€204,133 | +231.5% |
| Deferred charges and accrued income | 490/1 | €391 | €417 | +€26 | +6.6% |
| Total equity and liabilities | 10/49 | €226,298 | €393,231 | +€166,933 | +73.8% |
| Equity | 10/15 | €96,606 | €122,062 | +€25,456 | +26.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | €100 | = | 0.0% |
| Other | 1109/19 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €12,677 | €12,677 | = | 0.0% |
| Distributable reserves | 133 | €12,677 | €12,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,829 | €109,285 | +€25,456 | +30.4% |
| Amounts payable | 17/49 | €129,692 | €271,169 | +€141,477 | +109.1% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €124,692 | €266,169 | +€141,477 | +113.5% |
| Trade debts | 44 | €26,862 | €87,812 | +€60,950 | +226.9% |
| Suppliers | 440/4 | €26,862 | €87,812 | +€60,950 | +226.9% |
| Taxes, remuneration and social security | 45 | €35,285 | €125,055 | +€89,770 | +254.4% |
| Taxes | 450/3 | €33,844 | €53,004 | +€19,160 | +56.6% |
| Remuneration and social security | 454/9 | €1,441 | €72,051 | +€70,610 | +4900.1% |
| Other amounts payable | 47/48 | €62,545 | €53,302 | -€9,243 | -14.8% |
| Remuneration, social security and pensions | 62 | €124,996 | €156,427 | +€31,431 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,731 | - | -€6,731 | |
| Other operating charges | 640/8 | €2,143 | €285 | -€1,858 | -86.7% |
| Gross operating margin | 9900 | €174,036 | €191,130 | +€17,094 | +9.8% |
| Operating profit (loss) | 9901 | €40,166 | €34,418 | -€5,748 | -14.3% |
| Financial charges | 65/66B | €826 | €462 | -€364 | -44.1% |
| Recurring financial charges | 65 | €826 | €462 | -€364 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €39,340 | €33,956 | -€5,384 | -13.7% |
| Income taxes | 67/77 | €8,800 | €8,500 | -€300 | -3.4% |
| Profit (loss) for the period | 9904 | €30,540 | €25,456 | -€5,084 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,540 | €25,456 | -€5,084 | -16.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.