RODRIGUEZ: 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.
RODRIGUEZ
Largest movements
- Cash +€94,190
up €94,190 (+44.9%), from €209,562 to €303,752
mainly Net result for the year (+€117,631) and Stocks and contracts (+€30,000)
- Stocks and contracts -€30,000
no longer reported in 2024 (was €30,000)
- Receivables within one year -€16,945
down €16,945 (-57.1%), from €29,675 to €12,730
of which Trade receivables: -€16,945
- Profit (loss) carried forward +€70,345
up €70,345 (+32.4%), from €217,258 to €287,604
- Trade debts -€41,430
down €41,430 (-95.6%), from €43,315 to €1,885
- Tax, wage and social debts +€14,111
up €14,111 (+800.4%), from €1,763 to €15,874
of which Taxes: +€14,730
- Staff costs -€108,491
down €108,491 (-94.8%), from €114,487 to €5,996
- Taxes +€29,473
up €29,473 (+275.4%), from €10,704 to €40,176
- Depreciation -€15,691
down €15,691 (-82.5%), from €19,020 to €3,329
- Gross operating margin -€6,184
down €6,184 (-3.5%), from €177,383 to €171,199
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 | €296,411 | €340,328 | +€43,917 | +14.8% |
| Fixed assets | 21/28 | €27,174 | €23,845 | -€3,329 | -12.2% |
| Tangible fixed assets | 22/27 | €27,174 | €23,845 | -€3,329 | -12.2% |
| Land and buildings | 22 | €27,174 | €23,845 | -€3,329 | -12.2% |
| Current assets | 29/58 | €269,237 | €316,482 | +€47,245 | +17.5% |
| Stocks and contracts in progress | 3 | €30,000 | - | -€30,000 | |
| Contracts in progress | 37 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €29,675 | €12,730 | -€16,945 | -57.1% |
| Trade receivables | 40 | €20,378 | €3,434 | -€16,945 | -83.1% |
| Other amounts receivable | 41 | €9,296 | €9,296 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €209,562 | €303,752 | +€94,190 | +44.9% |
| Total equity and liabilities | 10/49 | €296,411 | €340,328 | +€43,917 | +14.8% |
| Equity | 10/15 | €237,709 | €308,055 | +€70,345 | +29.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,258 | €287,604 | +€70,345 | +32.4% |
| Amounts payable | 17/49 | €58,702 | €32,273 | -€26,429 | -45.0% |
| Amounts payable within one year | 42/48 | €58,702 | €32,273 | -€26,429 | -45.0% |
| Trade debts | 44 | €43,315 | €1,885 | -€41,430 | -95.6% |
| Suppliers | 440/4 | €43,315 | €1,885 | -€41,430 | -95.6% |
| Taxes, remuneration and social security | 45 | €1,763 | €15,874 | +€14,111 | +800.4% |
| Taxes | 450/3 | €1,143 | €15,874 | +€14,730 | +1288.3% |
| Remuneration and social security | 454/9 | €620 | - | -€620 | |
| Other amounts payable | 47/48 | €13,623 | €14,514 | +€891 | +6.5% |
| Non-recurring operating income | 76A | - | €99,000 | +€99,000 | |
| Remuneration, social security and pensions | 62 | €114,487 | €5,996 | -€108,491 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,020 | €3,329 | -€15,691 | -82.5% |
| Other operating charges | 640/8 | €4,530 | €3,619 | -€911 | -20.1% |
| Gross operating margin | 9900 | €177,383 | €171,199 | -€6,184 | -3.5% |
| Operating profit (loss) | 9901 | €39,346 | €158,255 | +€118,909 | +302.2% |
| Financial income | 75/76B | €70 | €27 | -€43 | -61.7% |
| Recurring financial income | 75 | €70 | €27 | -€43 | -61.7% |
| Financial charges | 65/66B | €1,315 | €475 | -€840 | -63.9% |
| Recurring financial charges | 65 | €1,315 | €475 | -€840 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €38,101 | €157,807 | +€119,706 | +314.2% |
| Income taxes | 67/77 | €10,704 | €40,176 | +€29,473 | +275.4% |
| Profit (loss) for the period | 9904 | €27,398 | €117,631 | +€90,233 | +329.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,398 | €117,631 | +€90,233 | +329.3% |
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 30 September 2026 via checked.be.