RATIO GROUP: 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.
RATIO GROUP
Largest movements
- Cash +€5,963
up €5,963 (+768%), from €776 to €6,739
mainly Net result for the year (+€51,257) and Receivables within one year (+€5,799)
- Receivables within one year -€5,799
down €5,799 (-20.3%), from €28,523 to €22,725
of which Trade receivables: -€9,807
- Financial fixed assets +€1,800
new in 2024: €1,800
- Profit (loss) carried forward +€51,257
up €51,257, from -€46,233 to €5,024
- Other debts -€35,033
down €35,033 (-70.8%), from €49,473 to €14,440
- Trade debts -€18,620
down €18,620 (-93.8%), from €19,859 to €1,239
- Tax, wage and social debts +€4,360
new in 2024: €4,360
- Staff costs -€134,388
down €134,388 (-90.6%), from €148,301 to €13,913
- Gross operating margin -€82,325
down €82,325 (-54.0%), from €152,491 to €70,167
- Taxes +€4,360
new in 2024: €4,360
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.
Derived cash bridge
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 | €29,300 | €31,264 | +€1,964 | +6.7% |
| Fixed assets | 21/28 | - | €1,800 | +€1,800 | |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €29,300 | €29,464 | +€164 | +0.6% |
| Amounts receivable within one year | 40/41 | €28,523 | €22,725 | -€5,799 | -20.3% |
| Trade receivables | 40 | €19,590 | €9,783 | -€9,807 | -50.1% |
| Other amounts receivable | 41 | €8,933 | €12,942 | +€4,008 | +44.9% |
| Cash at bank and in hand | 54/58 | €776 | €6,739 | +€5,963 | +768% |
| Total equity and liabilities | 10/49 | €29,300 | €31,264 | +€1,964 | +6.7% |
| Equity | 10/15 | -€40,033 | €11,224 | +€51,257 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,233 | €5,024 | +€51,257 | |
| Amounts payable | 17/49 | €69,332 | €20,040 | -€49,293 | -71.1% |
| Amounts payable within one year | 42/48 | €69,332 | €20,040 | -€49,293 | -71.1% |
| Trade debts | 44 | €19,859 | €1,239 | -€18,620 | -93.8% |
| Suppliers | 440/4 | €19,859 | €1,239 | -€18,620 | -93.8% |
| Taxes, remuneration and social security | 45 | - | €4,360 | +€4,360 | |
| Taxes | 450/3 | - | €4,360 | +€4,360 | |
| Other amounts payable | 47/48 | €49,473 | €14,440 | -€35,033 | -70.8% |
| Remuneration, social security and pensions | 62 | €148,301 | €13,913 | -€134,388 | -90.6% |
| Other operating charges | 640/8 | €300 | €387 | +€87 | +29.1% |
| Gross operating margin | 9900 | €152,491 | €70,167 | -€82,325 | -54.0% |
| Operating profit (loss) | 9901 | €3,891 | €55,867 | +€51,976 | +1,336% |
| Financial charges | 65/66B | €306 | €249 | -€56 | -18.4% |
| Recurring financial charges | 65 | €306 | €249 | -€56 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €3,585 | €55,617 | +€52,032 | +1,451% |
| Income taxes | 67/77 | - | €4,360 | +€4,360 | |
| Profit (loss) for the period | 9904 | €3,585 | €51,257 | +€47,672 | +1,330% |
| Profit (loss) for the period to be appropriated | 9905 | €3,585 | €51,257 | +€47,672 | +1,330% |
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 14 October 2026 via checked.be.