RCITIZEN: 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.
RCITIZEN
Largest movements
- Tangible fixed assets +€72,285
up €72,285 (+491.3%), from €14,712 to €86,997
of which Furniture and vehicles: +€67,398
- Receivables within one year +€28,794
up €28,794 (+97.2%), from €29,616 to €58,410
of which Other amounts receivable: +€14,418
- Cash +€28,706
up €28,706 (+2935.2%), from €978 to €29,684
mainly Debts after one year (+€49,781) and Net result for the year (+€42,201)
- Debts after one year +€49,781
new in 2024: €49,781
- Reserves +€42,200
up €42,200 (+42200.0%), from €100 to €42,300
of which Distributable reserves: +€42,200
- Tax, wage and social debts +€22,967
up €22,967 (+946.7%), from €2,426 to €25,393
- Current portion of long-term debt +€13,767
new in 2024: €13,767
- Gross operating margin +€31,673
up €31,673 (+82.7%), from €38,297 to €69,970
- Taxes +€17,500
new in 2024: €17,500
- Depreciation +€14,796
up €14,796 (+2040.8%), from €725 to €15,521
- Financial income +€10,121
up €10,121 (+1254.2%), from €807 to €10,928
- Other operating charges +€2,159
up €2,159 (+127.0%), from €1,700 to €3,859
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 | €45,369 | €175,091 | +€129,722 | +285.9% |
| Fixed assets | 21/28 | €14,775 | €86,997 | +€72,222 | +488.8% |
| Intangible fixed assets | 21 | €63 | - | -€63 | |
| Tangible fixed assets | 22/27 | €14,712 | €86,997 | +€72,285 | +491.3% |
| Plant, machinery and equipment | 23 | - | €4,887 | +€4,887 | |
| Furniture and vehicles | 24 | €14,712 | €82,110 | +€67,398 | +458.1% |
| Current assets | 29/58 | €30,594 | €88,094 | +€57,500 | +187.9% |
| Amounts receivable within one year | 40/41 | €29,616 | €58,410 | +€28,794 | +97.2% |
| Trade receivables | 40 | - | €14,376 | +€14,376 | |
| Other amounts receivable | 41 | €29,616 | €44,034 | +€14,418 | +48.7% |
| Cash at bank and in hand | 54/58 | €978 | €29,684 | +€28,706 | +2935.2% |
| Total equity and liabilities | 10/49 | €45,369 | €175,091 | +€129,722 | +285.9% |
| Equity | 10/15 | €37,462 | €79,663 | +€42,201 | +112.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €42,300 | +€42,200 | +42200.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | - | €42,200 | +€42,200 | |
| Profit (loss) carried forward | 14 | €36,362 | €36,363 | +€1 | 0.0% |
| Amounts payable | 17/49 | €7,907 | €95,428 | +€87,521 | +1106.9% |
| Amounts payable after more than one year | 17 | - | €49,781 | +€49,781 | |
| Financial debts | 170/4 | - | €49,781 | +€49,781 | |
| Amounts payable within one year | 42/48 | €7,907 | €45,647 | +€37,740 | +477.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,767 | +€13,767 | |
| Trade debts | 44 | €5,481 | €6,487 | +€1,006 | +18.4% |
| Suppliers | 440/4 | €5,481 | €6,487 | +€1,006 | +18.4% |
| Taxes, remuneration and social security | 45 | €2,426 | €25,393 | +€22,967 | +946.7% |
| Taxes | 450/3 | €2,426 | €25,393 | +€22,967 | +946.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725 | €15,521 | +€14,796 | +2040.8% |
| Other operating charges | 640/8 | €1,700 | €3,859 | +€2,159 | +127.0% |
| Gross operating margin | 9900 | €38,297 | €69,970 | +€31,673 | +82.7% |
| Operating profit (loss) | 9901 | €35,872 | €50,590 | +€14,718 | +41.0% |
| Financial income | 75/76B | €807 | €10,928 | +€10,121 | +1254.2% |
| Recurring financial income | 75 | €807 | €10,928 | +€10,121 | +1254.2% |
| Financial charges | 65/66B | €217 | €1,817 | +€1,600 | +737.3% |
| Recurring financial charges | 65 | €217 | €1,817 | +€1,600 | +737.3% |
| Profit (loss) for the period before taxes | 9903 | €36,462 | €59,701 | +€23,239 | +63.7% |
| Income taxes | 67/77 | - | €17,500 | +€17,500 | |
| Profit (loss) for the period | 9904 | €36,462 | €42,201 | +€5,739 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,462 | €42,201 | +€5,739 | +15.7% |
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.