RG Expertise: 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.
RG Expertise
Largest movements
- Receivables within one year +€13,389
up €13,389 (+2.1%), from €644,530 to €657,919
of which Other amounts receivable: +€6,795
- Tangible fixed assets -€8,511
down €8,511 (-11.4%), from €74,509 to €65,998
of which Furniture and vehicles: -€9,182
- Deferred charges and accrued income -€8,050
down €8,050 (-66.1%), from €12,173 to €4,123
- Other debts +€26,748
up €26,748 (+59.5%), from €44,950 to €71,698
- Tax, wage and social debts -€22,217
down €22,217 (-29.2%), from €76,160 to €53,943
of which Taxes: -€13,747
- Reserves +€10,000
up €10,000 (+1.8%), from €558,750 to €568,750
of which Distributable reserves: +€10,000
- Gross operating margin +€52,593
up €52,593 (+19.1%), from €274,884 to €327,477
- Other operating charges +€12,342
up €12,342 (+199%), from €6,207 to €18,550
- Depreciation -€5,798
down €5,798 (-18.9%), from €30,736 to €24,938
- Staff costs +€5,270
up €5,270 (+2.5%), from €206,807 to €212,077
- Write-downs -€3,612
new in 2024: -€3,612
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 | €799,228 | €800,725 | +€1,497 | +0.2% |
| Fixed assets | 21/28 | €80,509 | €71,998 | -€8,511 | -10.6% |
| Tangible fixed assets | 22/27 | €74,509 | €65,998 | -€8,511 | -11.4% |
| Plant, machinery and equipment | 23 | €1,020 | €1,691 | +€671 | +65.7% |
| Furniture and vehicles | 24 | €73,489 | €64,307 | -€9,182 | -12.5% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €718,719 | €728,727 | +€10,008 | +1.4% |
| Amounts receivable within one year | 40/41 | €644,530 | €657,919 | +€13,389 | +2.1% |
| Trade receivables | 40 | €142,102 | €148,695 | +€6,594 | +4.6% |
| Other amounts receivable | 41 | €502,428 | €509,223 | +€6,795 | +1.4% |
| Current investments | 50/53 | €3,460 | €1,468 | -€1,992 | -57.6% |
| Cash at bank and in hand | 54/58 | €58,557 | €65,218 | +€6,661 | +11.4% |
| Deferred charges and accrued income | 490/1 | €12,173 | €4,123 | -€8,050 | -66.1% |
| Total equity and liabilities | 10/49 | €799,228 | €800,725 | +€1,497 | +0.2% |
| Equity | 10/15 | €615,948 | €618,816 | +€2,868 | +0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €558,750 | €568,750 | +€10,000 | +1.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €540,000 | €550,000 | +€10,000 | +1.9% |
| Profit (loss) carried forward | 14 | €7,198 | €66 | -€7,132 | -99.1% |
| Amounts payable | 17/49 | €183,281 | €181,910 | -€1,371 | -0.7% |
| Amounts payable after more than one year | 17 | €34,357 | €29,128 | -€5,230 | -15.2% |
| Financial debts | 170/4 | €34,357 | €29,128 | -€5,230 | -15.2% |
| Amounts payable within one year | 42/48 | €148,923 | €152,782 | +€3,859 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €18,991 | €21,596 | +€2,605 | +13.7% |
| Trade debts | 44 | €8,822 | €5,545 | -€3,277 | -37.1% |
| Suppliers | 440/4 | €8,822 | €5,545 | -€3,277 | -37.1% |
| Taxes, remuneration and social security | 45 | €76,160 | €53,943 | -€22,217 | -29.2% |
| Taxes | 450/3 | €39,219 | €25,472 | -€13,747 | -35.1% |
| Remuneration and social security | 454/9 | €36,941 | €28,470 | -€8,470 | -22.9% |
| Other amounts payable | 47/48 | €44,950 | €71,698 | +€26,748 | +59.5% |
| Remuneration, social security and pensions | 62 | €206,807 | €212,077 | +€5,270 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,736 | €24,938 | -€5,798 | -18.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,612 | -€3,612 | |
| Other operating charges | 640/8 | €6,207 | €18,550 | +€12,342 | +199% |
| Gross operating margin | 9900 | €274,884 | €327,477 | +€52,593 | +19.1% |
| Operating profit (loss) | 9901 | €31,133 | €75,525 | +€44,391 | +143% |
| Financial income | 75/76B | €6,514 | €5,481 | -€1,033 | -15.9% |
| Recurring financial income | 75 | €6,514 | €5,481 | -€1,033 | -15.9% |
| Financial charges | 65/66B | €2,495 | €2,515 | +€20 | +0.8% |
| Recurring financial charges | 65 | €2,495 | €2,515 | +€20 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €35,153 | €78,491 | +€43,338 | +123% |
| Income taxes | 67/77 | €2,762 | €5,623 | +€2,861 | +104% |
| Profit (loss) for the period | 9904 | €32,390 | €72,868 | +€40,478 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €32,390 | €72,868 | +€40,478 | +125% |
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 17 October 2026 via checked.be.