Rode Raaf: 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.
Rode Raaf
Largest movements
- Tangible fixed assets -€7,187
down €7,187 (-4.2%), from €171,394 to €164,208
of which Furniture and vehicles: -€4,716
- Cash -€4,883
down €4,883 (-34.8%), from €14,015 to €9,132
mainly Investment in fixed assets (net) (-€14,549) and Net result for the year (-€12,140)
- Profit (loss) carried forward -€12,140
down €12,140 (-30.3%), from -€40,121 to -€52,261
- Depreciation +€1,462
up €1,462 (+7.2%), from €20,273 to €21,735
- Other operating charges -€316
down €316 (-20.0%), from €1,579 to €1,263
- Staff costs -€233
no longer reported in 2024 (was €233)
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 | €185,410 | €173,340 | -€12,070 | -6.5% |
| Fixed assets | 21/28 | €171,394 | €164,208 | -€7,187 | -4.2% |
| Tangible fixed assets | 22/27 | €171,394 | €164,208 | -€7,187 | -4.2% |
| Land and buildings | 22 | €154,378 | €151,442 | -€2,936 | -1.9% |
| Plant, machinery and equipment | 23 | €3,167 | €3,632 | +€465 | +14.7% |
| Furniture and vehicles | 24 | €13,850 | €9,134 | -€4,716 | -34.0% |
| Current assets | 29/58 | €14,015 | €9,132 | -€4,883 | -34.8% |
| Cash at bank and in hand | 54/58 | €14,015 | €9,132 | -€4,883 | -34.8% |
| Total equity and liabilities | 10/49 | €185,410 | €173,340 | -€12,070 | -6.5% |
| Equity | 10/15 | €154,316 | €142,176 | -€12,140 | -7.9% |
| Contributions | 10/11 | €91,715 | €91,715 | = | 0.0% |
| Reserves | 13 | €102,722 | €102,722 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,937 | €5,937 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,937 | €5,937 | = | 0.0% |
| Distributable reserves | 133 | €96,785 | €96,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,121 | -€52,261 | -€12,140 | -30.3% |
| Amounts payable | 17/49 | €31,094 | €31,164 | +€70 | +0.2% |
| Amounts payable within one year | 42/48 | €31,094 | €31,164 | +€70 | +0.2% |
| Trade debts | 44 | - | €29 | +€29 | |
| Suppliers | 440/4 | - | €29 | +€29 | |
| Other amounts payable | 47/48 | €31,094 | €31,135 | +€41 | +0.1% |
| Remuneration, social security and pensions | 62 | €233 | - | -€233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,273 | €21,735 | +€1,462 | +7.2% |
| Other operating charges | 640/8 | €1,579 | €1,263 | -€316 | -20.0% |
| Gross operating margin | 9900 | €10,923 | €10,892 | -€30 | -0.3% |
| Operating profit (loss) | 9901 | -€11,162 | -€12,106 | -€944 | -8.5% |
| Financial income | 75/76B | €1 | €4 | +€3 | +353.3% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +353.3% |
| Financial charges | 65/66B | €38 | €38 | -€0 | -0.1% |
| Recurring financial charges | 65 | €38 | €38 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,200 | -€12,140 | -€941 | -8.4% |
| Profit (loss) for the period | 9904 | -€11,200 | -€12,140 | -€941 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,200 | -€12,140 | -€941 | -8.4% |
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 10 October 2026 via checked.be.