RB ADVICE: 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.
RB ADVICE
Largest movements
- Cash +€41,006
up €41,006 (+871.9%), from €4,703 to €45,709
mainly Net result for the year (+€74,831) and Advances received (+€16,940)
- Receivables within one year -€6,928
down €6,928 (-45.6%), from €15,201 to €8,273
of which Trade receivables: -€6,911
- Profit (loss) carried forward +€74,831
up €74,831 (+78.5%), from -€95,310 to -€20,479
- Debts after one year -€28,379
down €28,379 (-8.0%), from €352,583 to €324,205
of which Financial debts: -€18,379
- Current portion of long-term debt -€23,489
down €23,489 (-56.1%), from €41,867 to €18,379
- Advances received +€16,940
new in 2024: €16,940
- Trade debts -€7,397
down €7,397 (-47.9%), from €15,444 to €8,047
- Gross operating margin +€68,622
up €68,622 (+173.6%), from €39,518 to €108,141
- Depreciation -€9,623
down €9,623 (-43.6%), from €22,084 to €12,460
- Other operating charges +€8,881
up €8,881 (+320.5%), from €2,771 to €11,652
- Financial charges -€1,816
down €1,816 (-18.9%), from €9,620 to €7,804
- Taxes +€1,282
up €1,282 (+971.9%), from €132 to €1,414
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 | €604,502 | €630,832 | +€26,330 | +4.4% |
| Fixed assets | 21/28 | €573,272 | €568,255 | -€5,017 | -0.9% |
| Tangible fixed assets | 22/27 | €573,272 | €568,255 | -€5,017 | -0.9% |
| Land and buildings | 22 | €567,201 | €556,450 | -€10,750 | -1.9% |
| Furniture and vehicles | 24 | €6,071 | €11,804 | +€5,733 | +94.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €31,230 | €62,577 | +€31,347 | +100.4% |
| Amounts receivable within one year | 40/41 | €15,201 | €8,273 | -€6,928 | -45.6% |
| Trade receivables | 40 | €15,041 | €8,130 | -€6,911 | -45.9% |
| Other amounts receivable | 41 | €160 | €143 | -€17 | -10.8% |
| Cash at bank and in hand | 54/58 | €4,703 | €45,709 | +€41,006 | +871.9% |
| Deferred charges and accrued income | 490/1 | €11,326 | €8,595 | -€2,731 | -24.1% |
| Total equity and liabilities | 10/49 | €604,502 | €630,832 | +€26,330 | +4.4% |
| Equity | 10/15 | €143,690 | €218,521 | +€74,831 | +52.1% |
| Contributions | 10/11 | €204,000 | €204,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,310 | -€20,479 | +€74,831 | +78.5% |
| Amounts payable | 17/49 | €460,812 | €412,311 | -€48,501 | -10.5% |
| Amounts payable after more than one year | 17 | €352,583 | €324,205 | -€28,379 | -8.0% |
| Financial debts | 170/4 | €342,583 | €324,205 | -€18,379 | -5.4% |
| Other amounts payable | 178/9 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts payable within one year | 42/48 | €108,228 | €88,106 | -€20,122 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €41,867 | €18,379 | -€23,489 | -56.1% |
| Trade debts | 44 | €15,444 | €8,047 | -€7,397 | -47.9% |
| Suppliers | 440/4 | €15,444 | €8,047 | -€7,397 | -47.9% |
| Advances received on contracts in progress | 46 | - | €16,940 | +€16,940 | |
| Taxes, remuneration and social security | 45 | €14,391 | €12,869 | -€1,523 | -10.6% |
| Taxes | 450/3 | €14,391 | €12,869 | -€1,523 | -10.6% |
| Other amounts payable | 47/48 | €36,525 | €31,872 | -€4,653 | -12.7% |
| Non-recurring operating income | 76A | - | €3,775 | +€3,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,084 | €12,460 | -€9,623 | -43.6% |
| Other operating charges | 640/8 | €2,771 | €11,652 | +€8,881 | +320.5% |
| Gross operating margin | 9900 | €39,518 | €108,141 | +€68,622 | +173.6% |
| Operating profit (loss) | 9901 | €14,664 | €84,029 | +€69,365 | +473.0% |
| Financial income | 75/76B | €1 | €20 | +€19 | +1496.0% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +1496.0% |
| Financial charges | 65/66B | €9,620 | €7,804 | -€1,816 | -18.9% |
| Recurring financial charges | 65 | €9,620 | €7,804 | -€1,816 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €5,045 | €76,244 | +€71,200 | +1411.4% |
| Income taxes | 67/77 | €132 | €1,414 | +€1,282 | +971.9% |
| Profit (loss) for the period | 9904 | €4,913 | €74,831 | +€69,918 | +1423.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,913 | €74,831 | +€69,918 | +1423.2% |
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 12 October 2026 via checked.be.