RITA: 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.
RITA
Largest movements
- Receivables within one year -€43,093
down €43,093 (-48.9%), from €88,184 to €45,091
of which Trade receivables: -€43,328
- Stocks and contracts +€4,510
up €4,510 (+8.8%), from €51,222 to €55,732
- Advances received -€55,200
down €55,200 (-72.3%), from €76,300 to €21,100
- Other debts +€9,016
up €9,016 (+35.8%), from €25,195 to €34,211
- Profit (loss) carried forward +€6,950
up €6,950 (+27.5%), from -€25,253 to -€18,302
- Tax, wage and social debts +€2,934
up €2,934 (+173%), from €1,697 to €4,631
- Trade debts -€2,023
down €2,023 (-3.7%), from €54,280 to €52,257
- Gross operating margin +€25,323
up €25,323 (+280%), from €9,042 to €34,365
- Staff costs +€15,471
up €15,471 (+469%), from €3,302 to €18,773
- Financial charges +€2,207
up €2,207 (+115%), from €1,922 to €4,130
of which Financial charges: +€1,409
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 | €150,820 | €112,497 | -€38,323 | -25.4% |
| Fixed assets | 21/28 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €146,820 | €108,497 | -€38,323 | -26.1% |
| Stocks and contracts in progress | 3 | €51,222 | €55,732 | +€4,510 | +8.8% |
| Stocks | 30/36 | €51,222 | €55,732 | +€4,510 | +8.8% |
| Amounts receivable within one year | 40/41 | €88,184 | €45,091 | -€43,093 | -48.9% |
| Trade receivables | 40 | €88,184 | €44,857 | -€43,328 | -49.1% |
| Other amounts receivable | 41 | - | €235 | +€235 | |
| Cash at bank and in hand | 54/58 | €7,174 | €7,435 | +€261 | +3.6% |
| Deferred charges and accrued income | 490/1 | €240 | €239 | -€1 | -0.5% |
| Total equity and liabilities | 10/49 | €150,820 | €112,497 | -€38,323 | -25.4% |
| Equity | 10/15 | -€6,653 | €298 | +€6,950 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,253 | -€18,302 | +€6,950 | +27.5% |
| Amounts payable | 17/49 | €157,473 | €112,200 | -€45,273 | -28.7% |
| Amounts payable within one year | 42/48 | €157,473 | €112,200 | -€45,273 | -28.7% |
| Trade debts | 44 | €54,280 | €52,257 | -€2,023 | -3.7% |
| Suppliers | 440/4 | €54,280 | €52,257 | -€2,023 | -3.7% |
| Advances received on contracts in progress | 46 | €76,300 | €21,100 | -€55,200 | -72.3% |
| Taxes, remuneration and social security | 45 | €1,697 | €4,631 | +€2,934 | +173% |
| Taxes | 450/3 | €1,697 | €4,631 | +€2,934 | +173% |
| Other amounts payable | 47/48 | €25,195 | €34,211 | +€9,016 | +35.8% |
| Remuneration, social security and pensions | 62 | €3,302 | €18,773 | +€15,471 | +469% |
| Other operating charges | 640/8 | €4,055 | €4,224 | +€169 | +4.2% |
| Gross operating margin | 9900 | €9,042 | €34,365 | +€25,323 | +280% |
| Operating profit (loss) | 9901 | €1,686 | €11,369 | +€9,683 | +574% |
| Financial income | 75/76B | €0 | €1 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +100% |
| Financial charges | 65/66B | €1,922 | €4,130 | +€2,207 | +115% |
| Recurring financial charges | 65 | €1,922 | €3,331 | +€1,409 | +73.3% |
| Non-recurring financial charges | 66B | - | €799 | +€799 | |
| Profit (loss) for the period before taxes | 9903 | -€237 | €7,240 | +€7,476 | |
| Income taxes | 67/77 | €157 | €289 | +€132 | +83.8% |
| Profit (loss) for the period | 9904 | -€394 | €6,950 | +€7,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€394 | €6,950 | +€7,344 |
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 13 October 2026 via checked.be.