RISE UP: 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.
RISE UP
Largest movements
- Receivables within one year +€117,588
up €117,588 (+359.8%), from €32,680 to €150,268
of which Other amounts receivable: +€115,111
- Cash +€26,258
up €26,258 (+150.1%), from €17,491 to €43,749
mainly Current portion of long-term debt (+€100,000) and Net result for the year (+€53,706)
- Tangible fixed assets -€2,397
down €2,397 (-23.3%), from €10,303 to €7,906
- Current portion of long-term debt +€100,000
new in 2024: €100,000
- Profit (loss) carried forward +€33,706
up €33,706, from -€31,772 to €1,934
- Tax, wage and social debts +€25,418
up €25,418 (+75.4%), from €33,719 to €59,137
of which Taxes: +€24,877
- Trade debts -€25,272
down €25,272 (-86.0%), from €29,394 to €4,121
- Other debts +€15,608
up €15,608 (+355.4%), from €4,392 to €20,000
- Gross operating margin +€51,750
up €51,750 (+66.2%), from €78,150 to €129,901
- Taxes +€20,199
up €20,199 (+4708.2%), from €429 to €20,628
- Staff costs -€11,151
down €11,151 (-20.2%), from €55,256 to €44,105
- Other operating charges -€1,883
down €1,883 (-36.4%), from €5,171 to €3,289
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 | €64,282 | €205,048 | +€140,766 | +219.0% |
| Fixed assets | 21/28 | €13,311 | €10,520 | -€2,790 | -21.0% |
| Intangible fixed assets | 21 | €227 | €14 | -€213 | -93.7% |
| Tangible fixed assets | 22/27 | €10,303 | €7,906 | -€2,397 | -23.3% |
| Land and buildings | 22 | €4,442 | €3,331 | -€1,111 | -25.0% |
| Plant, machinery and equipment | 23 | €2,384 | €2,193 | -€191 | -8.0% |
| Furniture and vehicles | 24 | €3,478 | €2,382 | -€1,096 | -31.5% |
| Financial fixed assets | 28 | €2,780 | €2,600 | -€180 | -6.5% |
| Current assets | 29/58 | €50,971 | €194,528 | +€143,557 | +281.6% |
| Amounts receivable within one year | 40/41 | €32,680 | €150,268 | +€117,588 | +359.8% |
| Trade receivables | 40 | €32,680 | €35,157 | +€2,477 | +7.6% |
| Other amounts receivable | 41 | - | €115,111 | +€115,111 | |
| Cash at bank and in hand | 54/58 | €17,491 | €43,749 | +€26,258 | +150.1% |
| Deferred charges and accrued income | 490/1 | €800 | €511 | -€289 | -36.1% |
| Total equity and liabilities | 10/49 | €64,282 | €205,048 | +€140,766 | +219.0% |
| Equity | 10/15 | -€13,222 | €20,484 | +€33,706 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,772 | €1,934 | +€33,706 | |
| Amounts payable | 17/49 | €77,504 | €184,565 | +€107,061 | +138.1% |
| Amounts payable within one year | 42/48 | €77,504 | €183,258 | +€105,754 | +136.4% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €29,394 | €4,121 | -€25,272 | -86.0% |
| Suppliers | 440/4 | €29,394 | €4,121 | -€25,272 | -86.0% |
| Taxes, remuneration and social security | 45 | €33,719 | €59,137 | +€25,418 | +75.4% |
| Taxes | 450/3 | €31,552 | €56,429 | +€24,877 | +78.8% |
| Remuneration and social security | 454/9 | €2,167 | €2,708 | +€541 | +24.9% |
| Other amounts payable | 47/48 | €4,392 | €20,000 | +€15,608 | +355.4% |
| Accrued charges and deferred income | 492/3 | - | €1,307 | +€1,307 | |
| Non-recurring operating income | 76A | €11,062 | - | -€11,062 | |
| Remuneration, social security and pensions | 62 | €55,256 | €44,105 | -€11,151 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,494 | €4,705 | -€789 | -14.4% |
| Other operating charges | 640/8 | €5,171 | €3,289 | -€1,883 | -36.4% |
| Gross operating margin | 9900 | €78,150 | €129,901 | +€51,750 | +66.2% |
| Operating profit (loss) | 9901 | €12,229 | €77,802 | +€65,572 | +536.2% |
| Financial income | 75/76B | €12 | €964 | +€952 | +8049.5% |
| Recurring financial income | 75 | €12 | €964 | +€952 | +8049.5% |
| Financial charges | 65/66B | €5,554 | €4,432 | -€1,122 | -20.2% |
| Recurring financial charges | 65 | €5,554 | €4,432 | -€1,122 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €6,687 | €74,334 | +€67,647 | +1011.6% |
| Income taxes | 67/77 | €429 | €20,628 | +€20,199 | +4708.2% |
| Profit (loss) for the period | 9904 | €6,258 | €53,706 | +€47,448 | +758.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,258 | €53,706 | +€47,448 | +758.2% |
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 4 October 2026 via checked.be.