RCAL: 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.
RCAL
Largest movements
- Receivables within one year +€14,896
up €14,896 (+12.1%), from €123,083 to €137,979
of which Other amounts receivable: +€22,065
- Cash +€6,512
up €6,512 (+93.8%), from €6,944 to €13,456
mainly Trade debts (+€32,548) and Depreciation (+€9,615)
- Tangible fixed assets -€4,415
down €4,415 (-28.3%), from €15,584 to €11,169
- Trade debts +€32,548
new in 2024: €32,548
- Debts after one year -€9,372
down €9,372 (-54.8%), from €17,108 to €7,736
- Profit (loss) carried forward -€4,895
down €4,895 (-4.6%), from €106,462 to €101,567
- Gross operating margin -€77,940
down €77,940 (-76.5%), from €101,840 to €23,900
- Staff costs -€55,621
no longer reported in 2024 (was €55,621)
- Other operating charges -€13,286
down €13,286 (-68.0%), from €19,550 to €6,264
- Depreciation -€6,282
down €6,282 (-39.5%), from €15,897 to €9,615
- Financial charges +€2,615
up €2,615 (+119.6%), from €2,187 to €4,802
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 | €155,695 | €172,688 | +€16,993 | +10.9% |
| Fixed assets | 21/28 | €25,668 | €21,253 | -€4,415 | -17.2% |
| Tangible fixed assets | 22/27 | €15,584 | €11,169 | -€4,415 | -28.3% |
| Furniture and vehicles | 24 | €15,584 | €11,169 | -€4,415 | -28.3% |
| Financial fixed assets | 28 | €10,084 | €10,084 | = | 0.0% |
| Current assets | 29/58 | €130,027 | €151,435 | +€21,408 | +16.5% |
| Amounts receivable within one year | 40/41 | €123,083 | €137,979 | +€14,896 | +12.1% |
| Trade receivables | 40 | €81,311 | €74,142 | -€7,169 | -8.8% |
| Other amounts receivable | 41 | €41,772 | €63,837 | +€22,065 | +52.8% |
| Cash at bank and in hand | 54/58 | €6,944 | €13,456 | +€6,512 | +93.8% |
| Total equity and liabilities | 10/49 | €155,695 | €172,688 | +€16,993 | +10.9% |
| Equity | 10/15 | €106,572 | €101,677 | -€4,895 | -4.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Legal reserve | 130 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,462 | €101,567 | -€4,895 | -4.6% |
| Amounts payable | 17/49 | €49,123 | €71,011 | +€21,888 | +44.6% |
| Amounts payable after more than one year | 17 | €17,108 | €7,736 | -€9,372 | -54.8% |
| Financial debts | 170/4 | €17,108 | €7,736 | -€9,372 | -54.8% |
| Amounts payable within one year | 42/48 | €32,015 | €63,275 | +€31,260 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €9,808 | €9,740 | -€68 | -0.7% |
| Trade debts | 44 | - | €32,548 | +€32,548 | |
| Suppliers | 440/4 | - | €32,548 | +€32,548 | |
| Advances received on contracts in progress | 46 | €1,800 | €1,800 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,407 | €19,187 | -€1,220 | -6.0% |
| Taxes | 450/3 | €11,603 | €11,754 | +€151 | +1.3% |
| Remuneration and social security | 454/9 | €8,804 | €7,433 | -€1,371 | -15.6% |
| Remuneration, social security and pensions | 62 | €55,621 | - | -€55,621 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,897 | €9,615 | -€6,282 | -39.5% |
| Other operating charges | 640/8 | €19,550 | €6,264 | -€13,286 | -68.0% |
| Gross operating margin | 9900 | €101,840 | €23,900 | -€77,940 | -76.5% |
| Operating profit (loss) | 9901 | €10,772 | €8,021 | -€2,751 | -25.5% |
| Financial income | 75/76B | €2,704 | €3,207 | +€503 | +18.6% |
| Recurring financial income | 75 | €2,704 | €3,207 | +€503 | +18.6% |
| Financial charges | 65/66B | €2,187 | €4,802 | +€2,615 | +119.6% |
| Recurring financial charges | 65 | €2,187 | €4,802 | +€2,615 | +119.6% |
| Profit (loss) for the period before taxes | 9903 | €11,289 | €6,426 | -€4,863 | -43.1% |
| Income taxes | 67/77 | €10,083 | €11,322 | +€1,239 | +12.3% |
| Profit (loss) for the period | 9904 | €1,206 | -€4,896 | -€6,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,206 | -€4,896 | -€6,102 |
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.