RISK SYSTEMS CONSULTING: 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.
RISK SYSTEMS CONSULTING
Largest movements
- Receivables within one year +€236,792
up €236,792 (+77.1%), from €307,175 to €543,967
of which Trade receivables: +€223,672
- Cash -€70,309
down €70,309 (-77.3%), from €90,901 to €20,592
mainly Receivables within one year (-€236,792) and Short-term financial debts (-€100,000)
- Trade debts +€129,903
up €129,903 (+38.9%), from €334,200 to €464,103
- Debts after one year +€100,000
new in 2024: €100,000
- Short-term financial debts -€100,000
no longer reported in 2024 (was €100,000)
- Profit (loss) carried forward +€77,707
up €77,707, from -€37,210 to €40,497
- Other debts -€22,592
no longer reported in 2024 (was €22,592)
- Gross operating margin +€104,127
up €104,127 (+124%), from €84,023 to €188,150
- Staff costs +€22,158
up €22,158 (+36.1%), from €61,400 to €83,558
- Taxes +€15,864
up €15,864 (+268%), from €5,925 to €21,789
- Financial charges +€3,724
up €3,724 (+223%), from €1,669 to €5,393
- Financial income +€3,706
up €3,706 (+39,221%), from €9 to €3,716
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 | €461,349 | €630,358 | +€169,009 | +36.6% |
| Fixed assets | 21/28 | €12,786 | €12,389 | -€397 | -3.1% |
| Tangible fixed assets | 22/27 | €4,195 | €5,650 | +€1,456 | +34.7% |
| Furniture and vehicles | 24 | €1,337 | - | -€1,337 | |
| Other tangible fixed assets | 26 | €2,858 | €5,650 | +€2,793 | +97.7% |
| Financial fixed assets | 28 | €8,592 | €6,739 | -€1,853 | -21.6% |
| Current assets | 29/58 | €448,563 | €617,969 | +€169,406 | +37.8% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €307,175 | €543,967 | +€236,792 | +77.1% |
| Trade receivables | 40 | €293,183 | €516,855 | +€223,672 | +76.3% |
| Other amounts receivable | 41 | €13,993 | €27,113 | +€13,120 | +93.8% |
| Cash at bank and in hand | 54/58 | €90,901 | €20,592 | -€70,309 | -77.3% |
| Deferred charges and accrued income | 490/1 | €487 | €3,409 | +€2,923 | +601% |
| Total equity and liabilities | 10/49 | €461,349 | €630,358 | +€169,009 | +36.6% |
| Equity | 10/15 | -€26,206 | €51,500 | +€77,707 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,803 | €4,803 | = | 0.0% |
| Non-distributable reserves | 130/1 | €240 | - | -€240 | |
| Reserves not available under the articles | 1311 | €240 | - | -€240 | |
| Distributable reserves | 133 | €4,563 | €4,803 | +€240 | +5.3% |
| Profit (loss) carried forward | 14 | -€37,210 | €40,497 | +€77,707 | |
| Amounts payable | 17/49 | €487,556 | €578,857 | +€91,302 | +18.7% |
| Amounts payable after more than one year | 17 | - | €100,000 | +€100,000 | |
| Financial debts | 170/4 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €487,556 | €478,470 | -€9,085 | -1.9% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €334,200 | €464,103 | +€129,903 | +38.9% |
| Suppliers | 440/4 | €334,200 | €464,103 | +€129,903 | +38.9% |
| Taxes, remuneration and social security | 45 | €30,763 | €14,367 | -€16,396 | -53.3% |
| Taxes | 450/3 | €26,823 | €5,925 | -€20,897 | -77.9% |
| Remuneration and social security | 454/9 | €3,940 | €8,441 | +€4,501 | +114% |
| Other amounts payable | 47/48 | €22,592 | - | -€22,592 | |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Non-recurring operating income | 76A | - | €1,744 | +€1,744 | |
| Remuneration, social security and pensions | 62 | €61,400 | €83,558 | +€22,158 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,571 | €1,880 | -€691 | -26.9% |
| Other operating charges | 640/8 | €434 | €1,539 | +€1,105 | +254% |
| Gross operating margin | 9900 | €84,023 | €188,150 | +€104,127 | +124% |
| Operating profit (loss) | 9901 | €19,618 | €101,173 | +€81,555 | +416% |
| Financial income | 75/76B | €9 | €3,716 | +€3,706 | +39,221% |
| Recurring financial income | 75 | €9 | €3,716 | +€3,706 | +39,221% |
| Financial charges | 65/66B | €1,669 | €5,393 | +€3,724 | +223% |
| Recurring financial charges | 65 | €1,669 | €5,393 | +€3,724 | +223% |
| Profit (loss) for the period before taxes | 9903 | €17,958 | €99,496 | +€81,538 | +454% |
| Income taxes | 67/77 | €5,925 | €21,789 | +€15,864 | +268% |
| Profit (loss) for the period | 9904 | €12,033 | €77,707 | +€65,674 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €12,033 | €77,707 | +€65,674 | +546% |
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 25 October 2026 via checked.be.