RÖNTGEN: 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.
RÖNTGEN
Largest movements
- Cash +€229,882
up €229,882 (+91.1%), from €252,390 to €482,272
mainly Net result for the year (+€252,324) and Depreciation (+€70,252)
- Receivables within one year +€46,207
up €46,207 (+30.1%), from €153,502 to €199,708
- Intangible fixed assets -€30,000
down €30,000 (-13.8%), from €217,500 to €187,500
- Deferred charges and accrued income -€12,386
down €12,386 (-34.2%), from €36,198 to €23,812
- Profit (loss) carried forward +€147,074
up €147,074 (+26.3%), from €559,544 to €706,618
- Reserves +€105,250
up €105,250 (+151.5%), from €69,465 to €174,715
- Other debts +€25,000
new in 2024: €25,000
- Debts after one year -€22,800
down €22,800 (-61.3%), from €37,221 to €14,421
- Tax, wage and social debts -€21,300
down €21,300 (-50.1%), from €42,500 to €21,200
- Gross operating margin +€33,422
up €33,422 (+9.1%), from €367,029 to €400,452
- Depreciation +€10,602
up €10,602 (+17.8%), from €59,650 to €70,252
- Taxes +€8,250
up €8,250 (+11.4%), from €72,397 to €80,647
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 | €743,307 | €967,757 | +€224,450 | +30.2% |
| Fixed assets | 21/28 | €301,217 | €261,965 | -€39,252 | -13.0% |
| Intangible fixed assets | 21 | €217,500 | €187,500 | -€30,000 | -13.8% |
| Tangible fixed assets | 22/27 | €83,717 | €74,465 | -€9,252 | -11.1% |
| Plant, machinery and equipment | 23 | €42,707 | €29,328 | -€13,379 | -31.3% |
| Furniture and vehicles | 24 | €41,010 | €45,137 | +€4,127 | +10.1% |
| Current assets | 29/58 | €442,090 | €705,792 | +€263,702 | +59.6% |
| Amounts receivable within one year | 40/41 | €153,502 | €199,708 | +€46,207 | +30.1% |
| Other amounts receivable | 41 | €153,502 | €199,708 | +€46,207 | +30.1% |
| Cash at bank and in hand | 54/58 | €252,390 | €482,272 | +€229,882 | +91.1% |
| Deferred charges and accrued income | 490/1 | €36,198 | €23,812 | -€12,386 | -34.2% |
| Total equity and liabilities | 10/49 | €743,307 | €967,757 | +€224,450 | +30.2% |
| Equity | 10/15 | €631,009 | €883,333 | +€252,324 | +40.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €69,465 | €174,715 | +€105,250 | +151.5% |
| Tax-exempt reserves | 132 | €69,465 | €174,715 | +€105,250 | +151.5% |
| Profit (loss) carried forward | 14 | €559,544 | €706,618 | +€147,074 | +26.3% |
| Amounts payable | 17/49 | €112,298 | €84,424 | -€27,874 | -24.8% |
| Amounts payable after more than one year | 17 | €37,221 | €14,421 | -€22,800 | -61.3% |
| Financial debts | 170/4 | €37,221 | €14,421 | -€22,800 | -61.3% |
| Amounts payable within one year | 42/48 | €75,077 | €70,003 | -€5,074 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €32,577 | €22,800 | -€9,777 | -30.0% |
| Trade debts | 44 | - | €1,003 | +€1,003 | |
| Suppliers | 440/4 | - | €1,003 | +€1,003 | |
| Taxes, remuneration and social security | 45 | €42,500 | €21,200 | -€21,300 | -50.1% |
| Taxes | 450/3 | €42,500 | €21,200 | -€21,300 | -50.1% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,650 | €70,252 | +€10,602 | +17.8% |
| Other operating charges | 640/8 | €1,056 | €814 | -€242 | -22.9% |
| Gross operating margin | 9900 | €367,029 | €400,452 | +€33,422 | +9.1% |
| Operating profit (loss) | 9901 | €306,324 | €329,386 | +€23,062 | +7.5% |
| Financial income | 75/76B | €4,329 | €5,580 | +€1,251 | +28.9% |
| Recurring financial income | 75 | €4,329 | €5,580 | +€1,251 | +28.9% |
| Financial charges | 65/66B | €1,524 | €1,995 | +€471 | +30.9% |
| Recurring financial charges | 65 | €1,524 | €1,995 | +€471 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €309,129 | €332,971 | +€23,842 | +7.7% |
| Income taxes | 67/77 | €72,397 | €80,647 | +€8,250 | +11.4% |
| Profit (loss) for the period | 9904 | €236,733 | €252,324 | +€15,591 | +6.6% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €236,733 | €147,074 | -€89,659 | -37.9% |
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.