RAUM: what changed
Two fiscal 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.
RAUM
Largest movements
- Tangible fixed assets -€28,567
down €28,567 (-6.1%), from €469,145 to €440,578
of which Land and buildings: -€21,725
- Receivables within one year -€8,174
down €8,174 (-58.9%), from €13,875 to €5,701
of which Trade receivables: -€9,058
- Current portion of long-term debt +€125,253
up €125,253 (+433.3%), from €28,904 to €154,158
- Debts after one year -€93,997
down €93,997 (-24.9%), from €378,027 to €284,029
of which Financial debts: -€129,158
- Profit (loss) carried forward -€58,838
down €58,838 (-216.8%), from -€27,136 to -€85,974
- Gross operating margin -€28,991
down €28,991, from €20,104 to -€8,887
- Financial charges -€4,886
down €4,886 (-31.4%), from €15,583 to €10,697
- Depreciation -€3,886
down €3,886 (-11.4%), from €34,166 to €30,280
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 | €495,656 | €463,849 | -€31,807 | -6.4% |
| Fixed assets | 21/28 | €469,905 | €440,595 | -€29,310 | -6.2% |
| Intangible fixed assets | 21 | €760 | €18 | -€743 | -97.7% |
| Tangible fixed assets | 22/27 | €469,145 | €440,578 | -€28,567 | -6.1% |
| Land and buildings | 22 | €448,754 | €427,029 | -€21,725 | -4.8% |
| Plant, machinery and equipment | 23 | €578 | €1,616 | +€1,038 | +179.7% |
| Furniture and vehicles | 24 | €18,325 | €10,446 | -€7,880 | -43.0% |
| Other tangible fixed assets | 26 | €1,488 | €1,488 | = | 0.0% |
| Current assets | 29/58 | €25,751 | €23,254 | -€2,497 | -9.7% |
| Amounts receivable within one year | 40/41 | €13,875 | €5,701 | -€8,174 | -58.9% |
| Trade receivables | 40 | €13,758 | €4,700 | -€9,058 | -65.8% |
| Other amounts receivable | 41 | €117 | €1,001 | +€884 | +756.0% |
| Cash at bank and in hand | 54/58 | €9,007 | €12,086 | +€3,078 | +34.2% |
| Deferred charges and accrued income | 490/1 | €2,868 | €5,467 | +€2,598 | +90.6% |
| Total equity and liabilities | 10/49 | €495,656 | €463,849 | -€31,807 | -6.4% |
| Equity | 10/15 | €76,685 | €17,847 | -€58,838 | -76.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,421 | €91,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €270 | €270 | = | 0.0% |
| Distributable reserves | 133 | €89,291 | €89,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,136 | -€85,974 | -€58,838 | -216.8% |
| Amounts payable | 17/49 | €418,971 | €446,002 | +€27,031 | +6.5% |
| Amounts payable after more than one year | 17 | €378,027 | €284,029 | -€93,997 | -24.9% |
| Financial debts | 170/4 | €277,772 | €148,614 | -€129,158 | -46.5% |
| Other amounts payable | 178/9 | €100,255 | €135,415 | +€35,160 | +35.1% |
| Amounts payable within one year | 42/48 | €40,944 | €161,973 | +€121,029 | +295.6% |
| Current portion of amounts payable after more than one year | 42 | €28,904 | €154,158 | +€125,253 | +433.3% |
| Trade debts | 44 | €1,707 | €2,563 | +€857 | +50.2% |
| Suppliers | 440/4 | €1,707 | €2,563 | +€857 | +50.2% |
| Taxes, remuneration and social security | 45 | €3,272 | €1,752 | -€1,520 | -46.5% |
| Taxes | 450/3 | €3,272 | €1,752 | -€1,520 | -46.5% |
| Other amounts payable | 47/48 | €7,061 | €3,500 | -€3,561 | -50.4% |
| Non-recurring operating income | 76A | €0 | €4,700 | +€4,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,166 | €30,280 | -€3,886 | -11.4% |
| Other operating charges | 640/8 | €7,856 | €8,050 | +€194 | +2.5% |
| Non-recurring operating charges | 66A | €5,553 | €672 | -€4,881 | -87.9% |
| Gross operating margin | 9900 | €20,104 | -€8,887 | -€28,991 | |
| Operating profit (loss) | 9901 | -€27,470 | -€47,889 | -€20,419 | -74.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,583 | €10,697 | -€4,886 | -31.4% |
| Recurring financial charges | 65 | €15,583 | €10,697 | -€4,886 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,053 | -€58,586 | -€15,533 | -36.1% |
| Income taxes | 67/77 | €246 | €252 | +€6 | +2.3% |
| Profit (loss) for the period | 9904 | -€43,299 | -€58,838 | -€15,539 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,299 | -€58,838 | -€15,539 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.