RK DELTA: 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.
RK DELTA
Largest movements
- Stocks and contracts +€31,295
up €31,295 (+31.9%), from €98,125 to €129,421
- Tangible fixed assets +€7,812
up €7,812 (+21.0%), from €37,189 to €45,001
of which Other tangible fixed assets: +€8,736
- Cash -€3,380
down €3,380 (-71.0%), from €4,758 to €1,378
mainly Stocks and contracts (-€31,295) and Investment in fixed assets (net) (-€17,106)
- Receivables within one year +€2,872
up €2,872 (+62.2%), from €4,617 to €7,489
- Other debts +€55,452
up €55,452 (+77.7%), from €71,397 to €126,848
- Trade debts -€13,569
down €13,569 (-29.6%), from €45,828 to €32,258
- Tax, wage and social debts -€6,174
down €6,174 (-22.5%), from €27,486 to €21,312
of which Remuneration and social security: -€18,526
- Profit (loss) carried forward +€4,375
up €4,375 (+138%), from €3,161 to €7,536
- Gross operating margin +€83,092
up €83,092 (+135%), from €61,735 to €144,826
- Staff costs +€71,171
up €71,171 (+136%), from €52,489 to €123,660
- Taxes +€7,000
new in 2024: €7,000
- Depreciation +€5,345
up €5,345 (+218%), from €2,448 to €7,794
- Financial charges -€2,126
down €2,126 (-72.9%), from €2,915 to €789
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 | €152,872 | €192,955 | +€40,084 | +26.2% |
| Fixed assets | 21/28 | €44,789 | €54,101 | +€9,312 | +20.8% |
| Tangible fixed assets | 22/27 | €37,189 | €45,001 | +€7,812 | +21.0% |
| Plant, machinery and equipment | 23 | €2,130 | €5,090 | +€2,960 | +139% |
| Furniture and vehicles | 24 | €19,209 | €15,324 | -€3,884 | -20.2% |
| Other tangible fixed assets | 26 | €15,850 | €24,586 | +€8,736 | +55.1% |
| Financial fixed assets | 28 | €7,600 | €9,100 | +€1,500 | +19.7% |
| Current assets | 29/58 | €108,083 | €138,854 | +€30,772 | +28.5% |
| Stocks and contracts in progress | 3 | €98,125 | €129,421 | +€31,295 | +31.9% |
| Stocks | 30/36 | €98,125 | €129,421 | +€31,295 | +31.9% |
| Amounts receivable within one year | 40/41 | €4,617 | €7,489 | +€2,872 | +62.2% |
| Other amounts receivable | 41 | €4,617 | €7,489 | +€2,872 | +62.2% |
| Cash at bank and in hand | 54/58 | €4,758 | €1,378 | -€3,380 | -71.0% |
| Deferred charges and accrued income | 490/1 | €583 | €567 | -€16 | -2.8% |
| Total equity and liabilities | 10/49 | €152,872 | €192,955 | +€40,084 | +26.2% |
| Equity | 10/15 | €8,161 | €12,536 | +€4,375 | +53.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,161 | €7,536 | +€4,375 | +138% |
| Amounts payable | 17/49 | €144,711 | €180,419 | +€35,708 | +24.7% |
| Amounts payable within one year | 42/48 | €144,711 | €180,419 | +€35,708 | +24.7% |
| Trade debts | 44 | €45,828 | €32,258 | -€13,569 | -29.6% |
| Suppliers | 440/4 | €45,828 | €32,258 | -€13,569 | -29.6% |
| Taxes, remuneration and social security | 45 | €27,486 | €21,312 | -€6,174 | -22.5% |
| Taxes | 450/3 | €3,059 | €15,411 | +€12,352 | +404% |
| Remuneration and social security | 454/9 | €24,427 | €5,901 | -€18,526 | -75.8% |
| Other amounts payable | 47/48 | €71,397 | €126,848 | +€55,452 | +77.7% |
| Remuneration, social security and pensions | 62 | €52,489 | €123,660 | +€71,171 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,448 | €7,794 | +€5,345 | +218% |
| Other operating charges | 640/8 | €721 | €1,208 | +€487 | +67.5% |
| Gross operating margin | 9900 | €61,735 | €144,826 | +€83,092 | +135% |
| Operating profit (loss) | 9901 | €6,076 | €12,164 | +€6,089 | +100% |
| Financial charges | 65/66B | €2,915 | €789 | -€2,126 | -72.9% |
| Recurring financial charges | 65 | €2,915 | €789 | -€2,126 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €3,161 | €11,375 | +€8,214 | +260% |
| Income taxes | 67/77 | - | €7,000 | +€7,000 | |
| Profit (loss) for the period | 9904 | €3,161 | €4,375 | +€1,214 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,161 | €4,375 | +€1,214 | +38.4% |
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 14 October 2026 via checked.be.