RAYSOLVE: 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.
RAYSOLVE
Largest movements
- Cash -€3,277
down €3,277 (-34.0%), from €9,628 to €6,351
mainly Short-term financial debts (-€25,000) and Net result for the year (-€15,787)
- Intangible fixed assets -€2,268
down €2,268 (-27.4%), from €8,268 to €6,000
- Deferred charges and accrued income +€478
new in 2024: €478
- Debts after one year +€35,000
new in 2024: €35,000
- Short-term financial debts -€25,000
no longer reported in 2024 (was €25,000)
- Profit (loss) carried forward -€15,787
down €15,787 (-57.6%), from -€27,405 to -€43,192
- Accrued charges and deferred income +€698
new in 2024: €698
- Gross operating margin +€1,957
up €1,957 (+15.4%), from -€12,692 to -€10,735
- Financial charges +€894
up €894 (+47.3%), from €1,890 to €2,784
- Other operating charges -€150
no longer reported in 2024 (was €150)
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 | €17,895 | €12,829 | -€5,066 | -28.3% |
| Fixed assets | 21/28 | €8,268 | €6,000 | -€2,268 | -27.4% |
| Intangible fixed assets | 21 | €8,268 | €6,000 | -€2,268 | -27.4% |
| Current assets | 29/58 | €9,628 | €6,829 | -€2,799 | -29.1% |
| Cash at bank and in hand | 54/58 | €9,628 | €6,351 | -€3,277 | -34.0% |
| Deferred charges and accrued income | 490/1 | - | €478 | +€478 | |
| Total equity and liabilities | 10/49 | €17,895 | €12,829 | -€5,066 | -28.3% |
| Equity | 10/15 | -€7,405 | -€23,192 | -€15,787 | -213.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,405 | -€43,192 | -€15,787 | -57.6% |
| Amounts payable | 17/49 | €25,301 | €36,021 | +€10,720 | +42.4% |
| Amounts payable after more than one year | 17 | - | €35,000 | +€35,000 | |
| Other amounts payable | 178/9 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €25,301 | €323 | -€24,978 | -98.7% |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €301 | €323 | +€22 | +7.4% |
| Suppliers | 440/4 | €301 | €323 | +€22 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €698 | +€698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,268 | €2,268 | = | 0.0% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€12,692 | -€10,735 | +€1,957 | +15.4% |
| Operating profit (loss) | 9901 | -€15,109 | -€13,002 | +€2,107 | +13.9% |
| Financial charges | 65/66B | €1,890 | €2,784 | +€894 | +47.3% |
| Recurring financial charges | 65 | €1,890 | €2,784 | +€894 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,999 | -€15,787 | +€1,213 | +7.1% |
| Profit (loss) for the period | 9904 | -€16,999 | -€15,787 | +€1,213 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,999 | -€15,787 | +€1,213 | +7.1% |
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 29 September 2026 via checked.be.