RLM service: 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.
RLM service
Largest movements
- Cash -€43,036
down €43,036 (-77.5%), from €55,511 to €12,476
mainly Investment in fixed assets (net) (-€50,470) and Receivables within one year (-€24,530)
- Tangible fixed assets +€36,646
up €36,646 (+355%), from €10,318 to €46,963
- Receivables within one year +€24,530
up €24,530 (+27.1%), from €90,675 to €115,205
of which Trade receivables: +€24,357
- Deferred charges and accrued income +€4,238
up €4,238 (+114%), from €3,717 to €7,955
- Financial fixed assets +€2,288
up €2,288 (+117%), from €1,953 to €4,241
- Debts after one year +€26,219
new in 2024: €26,219
- Current portion of long-term debt +€7,362
new in 2024: €7,362
- Profit (loss) carried forward -€5,496
down €5,496 (-22.1%), from €24,833 to €19,336
- Trade debts -€3,983
down €3,983 (-5.5%), from €72,701 to €68,719
- Gross operating margin +€94,819
up €94,819 (+40.9%), from €231,620 to €326,439
- Staff costs +€83,822
up €83,822 (+39.6%), from €211,844 to €295,666
- Financial charges +€11,751
up €11,751 (+3,619%), from €325 to €12,075
- Depreciation +€9,545
up €9,545 (+479%), from €1,992 to €11,536
- Other operating charges +€4,418
up €4,418 (+943%), from €468 to €4,886
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 | €169,633 | €192,739 | +€23,106 | +13.6% |
| Fixed assets | 21/28 | €12,270 | €51,204 | +€38,934 | +317% |
| Tangible fixed assets | 22/27 | €10,318 | €46,963 | +€36,646 | +355% |
| Furniture and vehicles | 24 | €10,318 | €46,963 | +€36,646 | +355% |
| Financial fixed assets | 28 | €1,953 | €4,241 | +€2,288 | +117% |
| Current assets | 29/58 | €157,363 | €141,535 | -€15,828 | -10.1% |
| Amounts receivable after more than one year | 29 | €7,460 | €5,900 | -€1,560 | -20.9% |
| Other amounts receivable | 291 | €7,460 | €5,900 | -€1,560 | -20.9% |
| Amounts receivable within one year | 40/41 | €90,675 | €115,205 | +€24,530 | +27.1% |
| Trade receivables | 40 | €85,615 | €109,972 | +€24,357 | +28.4% |
| Other amounts receivable | 41 | €5,060 | €5,233 | +€173 | +3.4% |
| Cash at bank and in hand | 54/58 | €55,511 | €12,476 | -€43,036 | -77.5% |
| Deferred charges and accrued income | 490/1 | €3,717 | €7,955 | +€4,238 | +114% |
| Total equity and liabilities | 10/49 | €169,633 | €192,739 | +€23,106 | +13.6% |
| Equity | 10/15 | €27,833 | €22,336 | -€5,496 | -19.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,833 | €19,336 | -€5,496 | -22.1% |
| Amounts payable | 17/49 | €141,801 | €170,403 | +€28,603 | +20.2% |
| Amounts payable after more than one year | 17 | - | €26,219 | +€26,219 | |
| Financial debts | 170/4 | - | €26,219 | +€26,219 | |
| Amounts payable within one year | 42/48 | €141,801 | €144,184 | +€2,384 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,362 | +€7,362 | |
| Trade debts | 44 | €72,701 | €68,719 | -€3,983 | -5.5% |
| Suppliers | 440/4 | €72,701 | €68,719 | -€3,983 | -5.5% |
| Taxes, remuneration and social security | 45 | €54,181 | €55,098 | +€917 | +1.7% |
| Taxes | 450/3 | €26,837 | €35,551 | +€8,714 | +32.5% |
| Remuneration and social security | 454/9 | €27,344 | €19,547 | -€7,796 | -28.5% |
| Other amounts payable | 47/48 | €14,918 | €13,005 | -€1,913 | -12.8% |
| Remuneration, social security and pensions | 62 | €211,844 | €295,666 | +€83,822 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,992 | €11,536 | +€9,545 | +479% |
| Other operating charges | 640/8 | €468 | €4,886 | +€4,418 | +943% |
| Non-recurring operating charges | 66A | - | €2,469 | +€2,469 | |
| Gross operating margin | 9900 | €231,620 | €326,439 | +€94,819 | +40.9% |
| Operating profit (loss) | 9901 | €17,316 | €11,882 | -€5,434 | -31.4% |
| Financial income | 75/76B | €350 | €281 | -€69 | -19.6% |
| Recurring financial income | 75 | €350 | €281 | -€69 | -19.6% |
| Financial charges | 65/66B | €325 | €12,075 | +€11,751 | +3,619% |
| Recurring financial charges | 65 | €325 | €12,075 | +€11,751 | +3,619% |
| Profit (loss) for the period before taxes | 9903 | €17,341 | €88 | -€17,254 | -99.5% |
| Income taxes | 67/77 | €7,765 | €5,584 | -€2,181 | -28.1% |
| Profit (loss) for the period | 9904 | €9,576 | -€5,496 | -€15,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,576 | -€5,496 | -€15,072 |
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 24 October 2026 via checked.be.