RISE: 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.
RISE
Largest movements
- Cash +€6,594
up €6,594 (+86.0%), from €7,665 to €14,259
mainly Depreciation (+€6,227) and Trade debts (+€5,154)
- Tangible fixed assets -€6,227
down €6,227 (-38.8%), from €16,052 to €9,825
of which Furniture and vehicles: -€5,500
- Stocks and contracts -€1,122
down €1,122 (-3.4%), from €33,120 to €31,998
- Receivables within one year -€908
down €908 (-94.3%), from €963 to €55
- Trade debts +€5,154
up €5,154 (+75.2%), from €6,857 to €12,011
- Debts after one year -€4,641
down €4,641 (-31.7%), from €14,641 to €10,000
of which Financial debts: -€4,641
- Other debts -€3,669
down €3,669 (-68.8%), from €5,329 to €1,660
- Profit (loss) carried forward +€1,235
up €1,235 (+34.0%), from -€3,629 to -€2,394
- Tax, wage and social debts +€983
up €983 (+197%), from €500 to €1,483
- Gross operating margin +€2,670
up €2,670 (+17.3%), from €15,458 to €18,128
- Financial charges +€1,480
up €1,480 (+29.3%), from €5,056 to €6,535
- Taxes +€527
up €527 (+128%), from €412 to €939
- Depreciation -€496
down €496 (-7.4%), from €6,723 to €6,227
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 | €59,697 | €58,033 | -€1,664 | -2.8% |
| Fixed assets | 21/28 | €16,052 | €9,825 | -€6,227 | -38.8% |
| Tangible fixed assets | 22/27 | €16,052 | €9,825 | -€6,227 | -38.8% |
| Furniture and vehicles | 24 | €15,325 | €9,825 | -€5,500 | -35.9% |
| Other tangible fixed assets | 26 | €727 | €0 | -€727 | -100.0% |
| Current assets | 29/58 | €43,645 | €48,208 | +€4,563 | +10.5% |
| Stocks and contracts in progress | 3 | €33,120 | €31,998 | -€1,122 | -3.4% |
| Stocks | 30/36 | €33,120 | €31,998 | -€1,122 | -3.4% |
| Amounts receivable within one year | 40/41 | €963 | €55 | -€908 | -94.3% |
| Other amounts receivable | 41 | €963 | €55 | -€908 | -94.3% |
| Current investments | 50/53 | €1,897 | €1,897 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,665 | €14,259 | +€6,594 | +86.0% |
| Total equity and liabilities | 10/49 | €59,697 | €58,033 | -€1,664 | -2.8% |
| Equity | 10/15 | €27,003 | €28,238 | +€1,235 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,032 | €12,032 | = | 0.0% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €11,232 | €11,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,629 | -€2,394 | +€1,235 | +34.0% |
| Amounts payable | 17/49 | €32,694 | €29,795 | -€2,899 | -8.9% |
| Amounts payable after more than one year | 17 | €14,641 | €10,000 | -€4,641 | -31.7% |
| Financial debts | 170/4 | €4,641 | - | -€4,641 | |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,053 | €19,795 | +€1,742 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €5,367 | €4,641 | -€726 | -13.5% |
| Trade debts | 44 | €6,857 | €12,011 | +€5,154 | +75.2% |
| Suppliers | 440/4 | €6,857 | €12,011 | +€5,154 | +75.2% |
| Taxes, remuneration and social security | 45 | €500 | €1,483 | +€983 | +197% |
| Taxes | 450/3 | €500 | €1,483 | +€983 | +197% |
| Other amounts payable | 47/48 | €5,329 | €1,660 | -€3,669 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,723 | €6,227 | -€496 | -7.4% |
| Other operating charges | 640/8 | €3,319 | €3,193 | -€126 | -3.8% |
| Gross operating margin | 9900 | €15,458 | €18,128 | +€2,670 | +17.3% |
| Operating profit (loss) | 9901 | €5,415 | €8,708 | +€3,293 | +60.8% |
| Financial income | 75/76B | €2 | €1 | -€0 | -14.6% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -14.6% |
| Financial charges | 65/66B | €5,056 | €6,535 | +€1,480 | +29.3% |
| Recurring financial charges | 65 | €5,056 | €6,535 | +€1,480 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €362 | €2,174 | +€1,813 | +501% |
| Income taxes | 67/77 | €412 | €939 | +€527 | +128% |
| Profit (loss) for the period | 9904 | -€50 | €1,235 | +€1,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50 | €1,235 | +€1,285 |
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 16 October 2026 via checked.be.