RM CONCEPT: 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.
RM CONCEPT
Largest movements
- Receivables within one year -€41,063
down €41,063 (-72.4%), from €56,725 to €15,662
of which Trade receivables: -€47,730
- Cash -€25,459
down €25,459 (-86.6%), from €29,387 to €3,927
mainly Trade debts (-€74,229) and Investment in fixed assets (net) (-€2,843)
- Stocks and contracts -€3,846
no longer reported in 2024 (was €3,846)
- Deferred charges and accrued income -€1,090
down €1,090 (-75.0%), from €1,454 to €363
- Trade debts -€74,229
down €74,229 (-96.2%), from €77,151 to €2,922
- Profit (loss) carried forward +€3,626
up €3,626 (+62.0%), from €5,844 to €9,470
- Gross operating margin -€7,007
down €7,007 (-40.8%), from €17,176 to €10,168
- Depreciation -€1,711
down €1,711 (-40.9%), from €4,188 to €2,477
- Other operating charges +€1,036
up €1,036 (+281.4%), from €368 to €1,404
- Taxes -€987
down €987 (-28.1%), from €3,517 to €2,530
- Financial charges -€309
down €309 (-38.8%), from €797 to €488
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 | €94,144 | €23,052 | -€71,092 | -75.5% |
| Fixed assets | 21/28 | €2,732 | €3,098 | +€366 | +13.4% |
| Tangible fixed assets | 22/27 | €2,732 | €3,098 | +€366 | +13.4% |
| Furniture and vehicles | 24 | €2,732 | €3,098 | +€366 | +13.4% |
| Current assets | 29/58 | €91,411 | €19,953 | -€71,458 | -78.2% |
| Stocks and contracts in progress | 3 | €3,846 | - | -€3,846 | |
| Stocks | 30/36 | €3,846 | - | -€3,846 | |
| Amounts receivable within one year | 40/41 | €56,725 | €15,662 | -€41,063 | -72.4% |
| Trade receivables | 40 | €48,700 | €970 | -€47,730 | -98.0% |
| Other amounts receivable | 41 | €8,025 | €14,692 | +€6,667 | +83.1% |
| Cash at bank and in hand | 54/58 | €29,387 | €3,927 | -€25,459 | -86.6% |
| Deferred charges and accrued income | 490/1 | €1,454 | €363 | -€1,090 | -75.0% |
| Total equity and liabilities | 10/49 | €94,144 | €23,052 | -€71,092 | -75.5% |
| Equity | 10/15 | €8,844 | €12,470 | +€3,626 | +41.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,844 | €9,470 | +€3,626 | +62.0% |
| Amounts payable | 17/49 | €85,300 | €10,582 | -€74,718 | -87.6% |
| Amounts payable within one year | 42/48 | €85,300 | €10,582 | -€74,718 | -87.6% |
| Trade debts | 44 | €77,151 | €2,922 | -€74,229 | -96.2% |
| Suppliers | 440/4 | €77,151 | €2,922 | -€74,229 | -96.2% |
| Taxes, remuneration and social security | 45 | €8,149 | €7,660 | -€489 | -6.0% |
| Taxes | 450/3 | €5,608 | €7,332 | +€1,723 | +30.7% |
| Remuneration and social security | 454/9 | €2,540 | €328 | -€2,212 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,188 | €2,477 | -€1,711 | -40.9% |
| Other operating charges | 640/8 | €368 | €1,404 | +€1,036 | +281.4% |
| Gross operating margin | 9900 | €17,176 | €10,168 | -€7,007 | -40.8% |
| Operating profit (loss) | 9901 | €12,619 | €6,288 | -€6,332 | -50.2% |
| Financial income | 75/76B | €176 | €356 | +€180 | +102.5% |
| Recurring financial income | 75 | €176 | €356 | +€180 | +102.5% |
| Financial charges | 65/66B | €797 | €488 | -€309 | -38.8% |
| Recurring financial charges | 65 | €797 | €488 | -€309 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €11,998 | €6,156 | -€5,842 | -48.7% |
| Income taxes | 67/77 | €3,517 | €2,530 | -€987 | -28.1% |
| Profit (loss) for the period | 9904 | €8,481 | €3,626 | -€4,856 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,481 | €3,626 | -€4,856 | -57.2% |
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 3 October 2026 via checked.be.