RMA PROJECT: 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.
RMA PROJECT
Largest movements
- Receivables within one year -€8,527
down €8,527 (-75.3%), from €11,326 to €2,798
of which Other amounts receivable: -€7,560
- Tangible fixed assets -€5,254
down €5,254 (-20.1%), from €26,203 to €20,949
of which Furniture and vehicles: -€3,959
- Cash -€3,772
down €3,772 (-34.4%), from €10,971 to €7,199
mainly Other debts (-€22,712) and Net result for the year (-€7,316)
- Other debts -€22,712
down €22,712 (-100%), from €22,712 to €0
- Trade debts +€17,084
new in 2024: €17,084
- Profit (loss) carried forward -€7,316
down €7,316 (-42.3%), from €17,294 to €9,978
- Tax, wage and social debts -€4,610
down €4,610 (-83.9%), from €5,494 to €883
- Staff costs +€17,661
up €17,661 (+99.1%), from €17,829 to €35,490
- Financial income +€6,211
up €6,211 (+172%), from €3,604 to €9,815
of which Financial income: +€6,211
- Taxes +€1,200
new in 2024: €1,200
- Depreciation -€723
down €723 (-12.1%), from €5,978 to €5,254
- Other operating charges +€378
new in 2024: €378
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 | €48,500 | €30,946 | -€17,554 | -36.2% |
| Fixed assets | 21/28 | €26,203 | €20,949 | -€5,254 | -20.1% |
| Tangible fixed assets | 22/27 | €26,203 | €20,949 | -€5,254 | -20.1% |
| Plant, machinery and equipment | 23 | €2,784 | €1,488 | -€1,296 | -46.5% |
| Furniture and vehicles | 24 | €23,419 | €19,461 | -€3,959 | -16.9% |
| Current assets | 29/58 | €22,297 | €9,997 | -€12,299 | -55.2% |
| Amounts receivable within one year | 40/41 | €11,326 | €2,798 | -€8,527 | -75.3% |
| Trade receivables | 40 | €1,375 | €407 | -€968 | -70.4% |
| Other amounts receivable | 41 | €9,951 | €2,391 | -€7,560 | -76.0% |
| Cash at bank and in hand | 54/58 | €10,971 | €7,199 | -€3,772 | -34.4% |
| Total equity and liabilities | 10/49 | €48,500 | €30,946 | -€17,554 | -36.2% |
| Equity | 10/15 | €20,294 | €12,978 | -€7,316 | -36.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,294 | €9,978 | -€7,316 | -42.3% |
| Amounts payable | 17/49 | €28,206 | €17,968 | -€10,238 | -36.3% |
| Amounts payable within one year | 42/48 | €28,206 | €17,968 | -€10,238 | -36.3% |
| Trade debts | 44 | - | €17,084 | +€17,084 | |
| Suppliers | 440/4 | - | €17,084 | +€17,084 | |
| Taxes, remuneration and social security | 45 | €5,494 | €883 | -€4,610 | -83.9% |
| Remuneration and social security | 454/9 | €5,494 | €883 | -€4,610 | -83.9% |
| Other amounts payable | 47/48 | €22,712 | €0 | -€22,712 | -100% |
| Remuneration, social security and pensions | 62 | €17,829 | €35,490 | +€17,661 | +99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,978 | €5,254 | -€723 | -12.1% |
| Other operating charges | 640/8 | - | €378 | +€378 | |
| Gross operating margin | 9900 | €25,275 | €25,298 | +€23 | +0.1% |
| Operating profit (loss) | 9901 | €1,469 | -€15,825 | -€17,293 | |
| Financial income | 75/76B | €3,604 | €9,815 | +€6,211 | +172% |
| Recurring financial income | 75 | €3,604 | €9,815 | +€6,211 | +172% |
| Non-recurring financial income | 76B | €3,604 | €9,815 | +€6,211 | +172% |
| Financial charges | 65/66B | €52 | €106 | +€54 | +102% |
| Recurring financial charges | 65 | €52 | €106 | +€54 | +102% |
| Profit (loss) for the period before taxes | 9903 | €5,020 | -€6,116 | -€11,135 | |
| Income taxes | 67/77 | - | €1,200 | +€1,200 | |
| Profit (loss) for the period | 9904 | €5,020 | -€7,316 | -€12,335 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,020 | -€7,316 | -€12,335 |
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 18 October 2026 via checked.be.