ROYAL 150: 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.
ROYAL 150
Largest movements
- Receivables within one year +€32,832
up €32,832 (+332.8%), from €9,865 to €42,697
of which Trade receivables: +€42,677
- Cash -€7,796
down €7,796 (-78.4%), from €9,941 to €2,145
mainly Receivables within one year (-€32,832) and Net result for the year (-€12,895)
- Stocks and contracts +€999
up €999 (+98.2%), from €1,017 to €2,016
- Trade debts +€38,706
up €38,706 (+9932.2%), from €390 to €39,096
- Profit (loss) carried forward -€12,895
down €12,895 (-91.4%), from €14,113 to €1,218
- Other debts +€1,124
new in 2023: €1,124
- Tax, wage and social debts -€900
down €900 (-24.0%), from €3,746 to €2,846
of which Remuneration and social security: -€1,200
- Gross operating margin -€6,634
down €6,634 (-347.7%), from -€1,908 to -€8,542
- Other operating charges +€2,924
up €2,924 (+777.0%), from €376 to €3,300
- Financial charges +€490
up €490 (+777.8%), from €63 to €553
- Depreciation -€316
no longer reported in 2023 (was €316)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,448 | €50,483 | +€26,035 | +106.5% |
| Fixed assets | 21/28 | €3,625 | €3,625 | = | 0.0% |
| Financial fixed assets | 28 | €3,625 | €3,625 | = | 0.0% |
| Current assets | 29/58 | €20,823 | €46,858 | +€26,035 | +125.0% |
| Stocks and contracts in progress | 3 | €1,017 | €2,016 | +€999 | +98.2% |
| Stocks | 30/36 | €1,017 | €2,016 | +€999 | +98.2% |
| Amounts receivable within one year | 40/41 | €9,865 | €42,697 | +€32,832 | +332.8% |
| Trade receivables | 40 | - | €42,677 | +€42,677 | |
| Other amounts receivable | 41 | €9,865 | €20 | -€9,845 | -99.8% |
| Cash at bank and in hand | 54/58 | €9,941 | €2,145 | -€7,796 | -78.4% |
| Total equity and liabilities | 10/49 | €24,448 | €50,483 | +€26,035 | +106.5% |
| Equity | 10/15 | €20,313 | €7,418 | -€12,895 | -63.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,113 | €1,218 | -€12,895 | -91.4% |
| Amounts payable | 17/49 | €4,135 | €43,065 | +€38,930 | +941.4% |
| Amounts payable within one year | 42/48 | €4,135 | €43,065 | +€38,930 | +941.4% |
| Trade debts | 44 | €390 | €39,096 | +€38,706 | +9932.2% |
| Suppliers | 440/4 | €390 | €39,096 | +€38,706 | +9932.2% |
| Taxes, remuneration and social security | 45 | €3,746 | €2,846 | -€900 | -24.0% |
| Taxes | 450/3 | €60 | €360 | +€300 | +503.3% |
| Remuneration and social security | 454/9 | €3,686 | €2,486 | -€1,200 | -32.6% |
| Other amounts payable | 47/48 | - | €1,124 | +€1,124 | |
| Non-recurring operating income | 76A | €2,610 | - | -€2,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | - | -€316 | |
| Other operating charges | 640/8 | €376 | €3,300 | +€2,924 | +777.0% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | -€1,908 | -€8,542 | -€6,634 | -347.7% |
| Operating profit (loss) | 9901 | -€2,601 | -€12,342 | -€9,741 | -374.6% |
| Financial charges | 65/66B | €63 | €553 | +€490 | +777.8% |
| Recurring financial charges | 65 | €63 | €553 | +€490 | +777.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,664 | -€12,895 | -€10,231 | -384.1% |
| Profit (loss) for the period | 9904 | -€2,664 | -€12,895 | -€10,231 | -384.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,664 | -€12,895 | -€10,231 | -384.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.