RESTARIC: 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.
RESTARIC
Largest movements
- Receivables within one year +€47,572
up €47,572 (+36.0%), from €132,042 to €179,613
of which Other amounts receivable: +€55,131
- Cash +€39,697
up €39,697 (+15.3%), from €259,441 to €299,139
mainly Trade debts (+€111,065) and Depreciation (+€45,971)
- Tangible fixed assets -€25,790
down €25,790 (-13.3%), from €193,374 to €167,583
of which Plant, machinery and equipment: -€13,902
- Deferred charges and accrued income +€11,155
up €11,155 (+150.3%), from €7,422 to €18,577
- Trade debts +€111,065
up €111,065 (+133.6%), from €83,131 to €194,196
- Tax, wage and social debts -€40,082
down €40,082 (-31.7%), from €126,524 to €86,442
of which Remuneration and social security: -€21,422
- Profit (loss) carried forward +€15,163
up €15,163 (+5.7%), from €264,653 to €279,817
- Short-term financial debts -€14,388
no longer reported in 2024 (was €14,388)
- Debts after one year -€9,564
down €9,564 (-17.1%), from €56,011 to €46,448
- Gross operating margin -€180,444
down €180,444 (-25.8%), from €698,905 to €518,461
- Other operating charges -€35,142
down €35,142 (-86.6%), from €40,599 to €5,457
- Financial income +€18,437
up €18,437 (+2381.5%), from €774 to €19,212
- Depreciation -€9,989
down €9,989 (-17.9%), from €55,961 to €45,971
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 | €782,674 | €850,308 | +€67,634 | +8.6% |
| Fixed assets | 21/28 | €209,042 | €178,251 | -€30,790 | -14.7% |
| Intangible fixed assets | 21 | €15,222 | €10,222 | -€5,000 | -32.8% |
| Tangible fixed assets | 22/27 | €193,374 | €167,583 | -€25,790 | -13.3% |
| Land and buildings | 22 | €79,837 | €66,257 | -€13,580 | -17.0% |
| Plant, machinery and equipment | 23 | €113,536 | €99,634 | -€13,902 | -12.2% |
| Furniture and vehicles | 24 | - | €1,692 | +€1,692 | |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €573,632 | €672,056 | +€98,424 | +17.2% |
| Amounts receivable after more than one year | 29 | €174,727 | €174,727 | = | 0.0% |
| Trade receivables | 290 | €174,727 | - | -€174,727 | |
| Other amounts receivable | 291 | - | €174,727 | +€174,727 | |
| Amounts receivable within one year | 40/41 | €132,042 | €179,613 | +€47,572 | +36.0% |
| Trade receivables | 40 | €8,500 | €941 | -€7,559 | -88.9% |
| Other amounts receivable | 41 | €123,542 | €178,673 | +€55,131 | +44.6% |
| Cash at bank and in hand | 54/58 | €259,441 | €299,139 | +€39,697 | +15.3% |
| Deferred charges and accrued income | 490/1 | €7,422 | €18,577 | +€11,155 | +150.3% |
| Total equity and liabilities | 10/49 | €782,674 | €850,308 | +€67,634 | +8.6% |
| Equity | 10/15 | €500,225 | €515,389 | +€15,163 | +3.0% |
| Contributions | 10/11 | €36,200 | €36,200 | = | 0.0% |
| Reserves | 13 | €199,372 | €199,372 | = | 0.0% |
| Distributable reserves | 133 | €199,372 | €199,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | €264,653 | €279,817 | +€15,163 | +5.7% |
| Amounts payable | 17/49 | €282,449 | €334,919 | +€52,470 | +18.6% |
| Amounts payable after more than one year | 17 | €56,011 | €46,448 | -€9,564 | -17.1% |
| Financial debts | 170/4 | €56,011 | €46,448 | -€9,564 | -17.1% |
| Amounts payable within one year | 42/48 | €224,044 | €283,472 | +€59,428 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,834 | +€2,834 | |
| Financial debts | 43 | €14,388 | - | -€14,388 | |
| Credit institutions | 430/8 | €14,388 | - | -€14,388 | |
| Trade debts | 44 | €83,131 | €194,196 | +€111,065 | +133.6% |
| Suppliers | 440/4 | €83,131 | €194,196 | +€111,065 | +133.6% |
| Taxes, remuneration and social security | 45 | €126,524 | €86,442 | -€40,082 | -31.7% |
| Taxes | 450/3 | €62,723 | €44,063 | -€18,660 | -29.8% |
| Remuneration and social security | 454/9 | €63,801 | €42,379 | -€21,422 | -33.6% |
| Accrued charges and deferred income | 492/3 | €2,394 | €5,000 | +€2,606 | +108.9% |
| Remuneration, social security and pensions | 62 | €456,693 | €454,358 | -€2,335 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,961 | €45,971 | -€9,989 | -17.9% |
| Other operating charges | 640/8 | €40,599 | €5,457 | -€35,142 | -86.6% |
| Gross operating margin | 9900 | €698,905 | €518,461 | -€180,444 | -25.8% |
| Operating profit (loss) | 9901 | €145,652 | €12,675 | -€132,977 | -91.3% |
| Financial income | 75/76B | €774 | €19,212 | +€18,437 | +2381.5% |
| Recurring financial income | 75 | €774 | €19,212 | +€18,437 | +2381.5% |
| Financial charges | 65/66B | €11,739 | €10,880 | -€859 | -7.3% |
| Recurring financial charges | 65 | €11,739 | €10,880 | -€859 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €134,687 | €21,007 | -€113,680 | -84.4% |
| Income taxes | 67/77 | €8,491 | €6,885 | -€1,607 | -18.9% |
| Profit (loss) for the period | 9904 | €126,196 | €14,122 | -€112,074 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €126,196 | €14,122 | -€112,074 | -88.8% |
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 10 October 2026 via checked.be.