RF-ZNAD: 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.
RF-ZNAD
Largest movements
- Cash +€804
new in 2024: €804
mainly Other debts (+€4,583) and Net result for the year (+€597)
- Receivables within one year -€550
down €550 (-11.7%), from €4,686 to €4,136
of which Trade receivables: -€550
- Trade debts -€4,895
no longer reported in 2024 (was €4,895)
- Other debts +€4,583
new in 2024: €4,583
- Profit (loss) carried forward +€597
up €597 (+86.4%), from -€691 to -€94
- Gross operating margin +€99
up €99 (+16.6%), from €596 to €695
- Financial charges +€26
up €26 (+36.6%), from €72 to €98
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.
Derived cash bridge
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 | €7,586 | €7,841 | +€254 | +3.4% |
| Current assets | 29/58 | €7,586 | €7,841 | +€254 | +3.4% |
| Stocks and contracts in progress | 3 | €2,900 | €2,900 | = | 0.0% |
| Stocks | 30/36 | €2,900 | €2,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,686 | €4,136 | -€550 | -11.7% |
| Trade receivables | 40 | €550 | - | -€550 | |
| Other amounts receivable | 41 | €4,136 | €4,136 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €804 | +€804 | |
| Total equity and liabilities | 10/49 | €7,586 | €7,841 | +€254 | +3.4% |
| Equity | 10/15 | €1,809 | €2,406 | +€597 | +33.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€691 | -€94 | +€597 | +86.4% |
| Amounts payable | 17/49 | €5,777 | €5,434 | -€342 | -5.9% |
| Amounts payable within one year | 42/48 | €5,777 | €5,434 | -€342 | -5.9% |
| Financial debts | 43 | €8 | €8 | = | 0.0% |
| Credit institutions | 430/8 | €8 | €8 | = | 0.0% |
| Trade debts | 44 | €4,895 | - | -€4,895 | |
| Suppliers | 440/4 | €4,895 | - | -€4,895 | |
| Taxes, remuneration and social security | 45 | €875 | €844 | -€31 | -3.5% |
| Taxes | 450/3 | €875 | €844 | -€31 | -3.5% |
| Other amounts payable | 47/48 | - | €4,583 | +€4,583 | |
| Gross operating margin | 9900 | €596 | €695 | +€99 | +16.6% |
| Operating profit (loss) | 9901 | €596 | €695 | +€99 | +16.6% |
| Financial charges | 65/66B | €72 | €98 | +€26 | +36.6% |
| Recurring financial charges | 65 | €72 | €98 | +€26 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €524 | €597 | +€72 | +13.8% |
| Profit (loss) for the period | 9904 | €524 | €597 | +€72 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €524 | €597 | +€72 | +13.8% |
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 13 October 2026 via checked.be.