RIGHT MANAGEMENT: what changed
Two fiscal 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.
RIGHT MANAGEMENT
Largest movements
- Receivables within one year +€6,256
up €6,256 (+29.2%), from €21,394 to €27,650
of which Trade receivables: +€4,676
- Tangible fixed assets +€2,236
new in 2024: €2,236
of which Plant, machinery and equipment: +€1,142
- Profit (loss) carried forward +€6,789
up €6,789 (+0.5%), from -€1.5m to -€1.5m
- Tax, wage and social debts -€4,589
down €4,589 (-84.1%), from €5,458 to €869
- Trade debts +€2,406
up €2,406 (+17.5%), from €13,746 to €16,152
- Accrued charges and deferred income +€2,266
up €2,266 (+1125.3%), from €201 to €2,468
- Other debts +€1,869
up €1,869 (+0.3%), from €740,578 to €742,447
- Gross operating margin +€24,057
up €24,057, from -€9,767 to €14,289
- Financial charges +€2,386
up €2,386 (+206.2%), from €1,157 to €3,543
- Other operating charges +€1,263
up €1,263 (+56.9%), from €2,221 to €3,484
- Depreciation +€272
up €272, from €0 to €272
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 | €22,514 | €31,256 | +€8,742 | +38.8% |
| Fixed assets | 21/28 | - | €2,236 | +€2,236 | |
| Tangible fixed assets | 22/27 | - | €2,236 | +€2,236 | |
| Plant, machinery and equipment | 23 | - | €1,142 | +€1,142 | |
| Furniture and vehicles | 24 | - | €1,094 | +€1,094 | |
| Current assets | 29/58 | €22,514 | €29,020 | +€6,506 | +28.9% |
| Amounts receivable within one year | 40/41 | €21,394 | €27,650 | +€6,256 | +29.2% |
| Trade receivables | 40 | €1,324 | €6,000 | +€4,676 | +353.1% |
| Other amounts receivable | 41 | €20,070 | €21,650 | +€1,580 | +7.9% |
| Cash at bank and in hand | 54/58 | €282 | €524 | +€242 | +85.9% |
| Deferred charges and accrued income | 490/1 | €838 | €847 | +€8 | +1.0% |
| Total equity and liabilities | 10/49 | €22,514 | €31,256 | +€8,742 | +38.8% |
| Equity | 10/15 | -€760,697 | -€753,908 | +€6,789 | +0.9% |
| Contributions | 10/11 | €456,124 | €456,124 | = | 0.0% |
| Capital | 10 | €456,124 | €456,124 | = | 0.0% |
| Issued capital | 100 | €456,124 | €456,124 | = | 0.0% |
| Reserves | 13 | €273,662 | €273,662 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,612 | €45,612 | = | 0.0% |
| Legal reserve | 130 | €45,612 | €45,612 | = | 0.0% |
| Distributable reserves | 133 | €228,050 | €228,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,490,484 | -€1,483,694 | +€6,789 | +0.5% |
| Amounts payable | 17/49 | €783,211 | €785,164 | +€1,953 | +0.2% |
| Amounts payable after more than one year | 17 | €10,070 | €10,070 | = | 0.0% |
| Financial debts | 170/4 | €10,070 | €10,070 | = | 0.0% |
| Amounts payable within one year | 42/48 | €772,940 | €772,626 | -€314 | 0.0% |
| Financial debts | 43 | €13,157 | €13,157 | = | 0.0% |
| Credit institutions | 430/8 | €13,157 | €13,157 | = | 0.0% |
| Trade debts | 44 | €13,746 | €16,152 | +€2,406 | +17.5% |
| Suppliers | 440/4 | €13,746 | €16,152 | +€2,406 | +17.5% |
| Taxes, remuneration and social security | 45 | €5,458 | €869 | -€4,589 | -84.1% |
| Taxes | 450/3 | €5,458 | €869 | -€4,589 | -84.1% |
| Other amounts payable | 47/48 | €740,578 | €742,447 | +€1,869 | +0.3% |
| Accrued charges and deferred income | 492/3 | €201 | €2,468 | +€2,266 | +1125.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €272 | +€272 | |
| Other operating charges | 640/8 | €2,221 | €3,484 | +€1,263 | +56.9% |
| Gross operating margin | 9900 | -€9,767 | €14,289 | +€24,057 | |
| Operating profit (loss) | 9901 | -€11,988 | €10,533 | +€22,521 | |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €1,157 | €3,543 | +€2,386 | +206.2% |
| Recurring financial charges | 65 | €1,157 | €3,543 | +€2,386 | +206.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,145 | €7,000 | +€20,146 | |
| Income taxes | 67/77 | €204 | €211 | +€7 | +3.5% |
| Profit (loss) for the period | 9904 | -€13,349 | €6,789 | +€20,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,349 | €6,789 | +€20,138 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.