ROYAL CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€5,100
down €5,100 (-79.7%), from €6,399 to €1,300
of which Trade receivables: -€6,399
- Tangible fixed assets -€1,244
down €1,244 (-42.2%), from €2,944 to €1,700
- Cash -€928
down €928 (-47.3%), from €1,961 to €1,033
mainly Net result for the year (-€13,472) and Trade debts (-€4,978)
- Deferred charges and accrued income -€625
down €625 (-56.2%), from €1,112 to €487
- Profit (loss) carried forward -€13,472
down €13,472 (-42.5%), from -€31,722 to -€45,194
- Other debts +€12,623
up €12,623 (+76.9%), from €16,415 to €29,038
- Trade debts -€4,978
down €4,978 (-95.7%), from €5,203 to €225
- Advances received -€1,650
no longer reported in 2024 (was €1,650)
- Tax, wage and social debts -€419
no longer reported in 2024 (was €419)
- Gross operating margin -€12,118
down €12,118, from €987 to -€11,131
- Other operating charges -€504
down €504 (-76.0%), from €663 to €159
- Depreciation +€419
up €419 (+50.8%), from €825 to €1,244
- Staff costs +€207
new in 2024: €207
- Financial charges -€193
down €193 (-20.9%), from €924 to €731
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 | €12,417 | €4,520 | -€7,897 | -63.6% |
| Fixed assets | 21/28 | €2,944 | €1,700 | -€1,244 | -42.2% |
| Tangible fixed assets | 22/27 | €2,944 | €1,700 | -€1,244 | -42.2% |
| Furniture and vehicles | 24 | €2,944 | €1,700 | -€1,244 | -42.2% |
| Current assets | 29/58 | €9,473 | €2,820 | -€6,653 | -70.2% |
| Amounts receivable within one year | 40/41 | €6,399 | €1,300 | -€5,100 | -79.7% |
| Trade receivables | 40 | €6,399 | - | -€6,399 | |
| Other amounts receivable | 41 | - | €1,300 | +€1,300 | |
| Cash at bank and in hand | 54/58 | €1,961 | €1,033 | -€928 | -47.3% |
| Deferred charges and accrued income | 490/1 | €1,112 | €487 | -€625 | -56.2% |
| Total equity and liabilities | 10/49 | €12,417 | €4,520 | -€7,897 | -63.6% |
| Equity | 10/15 | -€11,271 | -€24,743 | -€13,472 | -120% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,722 | -€45,194 | -€13,472 | -42.5% |
| Amounts payable | 17/49 | €23,688 | €29,263 | +€5,575 | +23.5% |
| Amounts payable within one year | 42/48 | €23,688 | €29,263 | +€5,575 | +23.5% |
| Trade debts | 44 | €5,203 | €225 | -€4,978 | -95.7% |
| Suppliers | 440/4 | €5,203 | €225 | -€4,978 | -95.7% |
| Advances received on contracts in progress | 46 | €1,650 | - | -€1,650 | |
| Taxes, remuneration and social security | 45 | €419 | - | -€419 | |
| Taxes | 450/3 | €419 | - | -€419 | |
| Other amounts payable | 47/48 | €16,415 | €29,038 | +€12,623 | +76.9% |
| Remuneration, social security and pensions | 62 | - | €207 | +€207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €1,244 | +€419 | +50.8% |
| Other operating charges | 640/8 | €663 | €159 | -€504 | -76.0% |
| Gross operating margin | 9900 | €987 | -€11,131 | -€12,118 | |
| Operating profit (loss) | 9901 | -€501 | -€12,741 | -€12,240 | -2,443% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €924 | €731 | -€193 | -20.9% |
| Recurring financial charges | 65 | €924 | €731 | -€193 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,424 | -€13,472 | -€12,048 | -846% |
| Profit (loss) for the period | 9904 | -€1,424 | -€13,472 | -€12,048 | -846% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,424 | -€13,472 | -€12,048 | -846% |
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 20 October 2026 via checked.be.