Razor Reel: what changed
Razor Reel
Largest movements
- Cash -€4,964
down €4,964 (-11.8%), from €42,062 to €37,097
mainly Debts within one year (-€8,009) and Receivables within one year (-€2,215)
- Tangible fixed assets -€3,250
down €3,250 (-50.4%), from €6,452 to €3,203
of which Plant, machinery and equipment: -€3,025
- Receivables within one year +€2,215
up €2,215 (+52.2%), from €4,239 to €6,454
- Debts within one year -€8,009
down €8,009 (-55.9%), from €14,314 to €6,305
of which Tax, wage and social debts: -€4,614
- Profit (loss) carried forward +€2,009
up €2,009 (+5.2%), from €38,439 to €40,449
- Gross operating margin +€10,416
up €10,416, from -€4,616 to €5,799
- Purchases and services -€5,524
down €5,524 (-7.8%), from €70,970 to €65,447
- Turnover +€2,075
up €2,075 (+7.3%), from €28,291 to €30,366
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,753 | €46,754 | -€5,999 | -11.4% |
| Fixed assets | 21/28 | €6,452 | €3,203 | -€3,250 | -50.4% |
| Tangible fixed assets | 22/27 | €6,452 | €3,203 | -€3,250 | -50.4% |
| Plant, machinery and equipment | 23 | €5,203 | €2,178 | -€3,025 | -58.1% |
| Furniture and vehicles | 24 | €1,249 | €1,025 | -€224 | -17.9% |
| Current assets | 29/58 | €46,301 | €43,551 | -€2,750 | -5.9% |
| Amounts receivable within one year | 40/41 | €4,239 | €6,454 | +€2,215 | +52.2% |
| Trade receivables | 40 | €4,239 | €6,454 | +€2,215 | +52.2% |
| Cash at bank and in hand | 54/58 | €42,062 | €37,097 | -€4,964 | -11.8% |
| Total equity and liabilities | 10/49 | €52,753 | €46,754 | -€5,999 | -11.4% |
| Equity | 10/15 | €38,439 | €40,449 | +€2,009 | +5.2% |
| Profit (loss) carried forward | 14 | €38,439 | €40,449 | +€2,009 | +5.2% |
| Amounts payable | 17/49 | €14,314 | €6,305 | -€8,009 | -55.9% |
| Amounts payable within one year | 42/48 | €14,314 | €6,305 | -€8,009 | -55.9% |
| Trade debts | 44 | €6,449 | €3,054 | -€3,395 | -52.6% |
| Suppliers | 440/4 | €6,449 | €3,054 | -€3,395 | -52.6% |
| Taxes, remuneration and social security | 45 | €5,536 | €922 | -€4,614 | -83.3% |
| Taxes | 450/3 | €5,536 | €922 | -€4,614 | -83.3% |
| Turnover | 70 | €28,291 | €30,366 | +€2,075 | +7.3% |
| Membership fees, donations, legacies and grants | 73 | €38,063 | €40,880 | +€2,817 | +7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,970 | €65,447 | -€5,524 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,283 | €3,250 | -€34 | -1.0% |
| Other operating charges | 640/8 | €232 | €309 | +€77 | +32.9% |
| Gross operating margin | 9900 | -€4,616 | €5,799 | +€10,416 | |
| Operating profit (loss) | 9901 | -€8,132 | €2,241 | +€10,373 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €254 | €231 | -€22 | -8.8% |
| Recurring financial charges | 65 | €254 | €231 | -€22 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,386 | €2,009 | +€10,395 | |
| Profit (loss) for the period | 9904 | -€8,386 | €2,009 | +€10,395 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,386 | €2,009 | +€10,395 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.