ROYAL DS: 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 DS
Largest movements
- Cash +€30,852
up €30,852 (+96.0%), from €32,142 to €62,994
mainly Receivables within one year (+€14,321) and Net result for the year (+€9,383)
- Receivables within one year -€14,321
down €14,321 (-68.7%), from €20,833 to €6,513
- Stocks and contracts +€4,985
up €4,985 (+14.9%), from €33,425 to €38,410
- Tangible fixed assets -€2,402
down €2,402 (-46.6%), from €5,149 to €2,747
of which Other tangible fixed assets: -€1,333
- Profit (loss) carried forward +€9,383
up €9,383 (+17.9%), from €52,453 to €61,836
- Tax, wage and social debts +€5,302
up €5,302 (+35.0%), from €15,164 to €20,466
of which Taxes: +€5,416
- Trade debts +€3,902
up €3,902 (+80.8%), from €4,832 to €8,734
- Purchases and services -€760,000
down €760,000 (-87.6%), from €867,377 to €107,376
- Turnover +€265,250
up €265,250 (+29.1%), from €912,361 to €1.2m
- Gross operating margin +€25,250
up €25,250 (+56.1%), from €44,984 to €70,234
- Staff costs +€19,612
up €19,612 (+72.2%), from €27,145 to €46,758
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 | €92,049 | €111,164 | +€19,115 | +20.8% |
| Fixed assets | 21/28 | €5,649 | €3,247 | -€2,402 | -42.5% |
| Tangible fixed assets | 22/27 | €5,149 | €2,747 | -€2,402 | -46.6% |
| Plant, machinery and equipment | 23 | €2,525 | €1,525 | -€1,000 | -39.6% |
| Furniture and vehicles | 24 | €68 | - | -€68 | |
| Other tangible fixed assets | 26 | €2,556 | €1,222 | -€1,333 | -52.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €86,400 | €107,916 | +€21,516 | +24.9% |
| Stocks and contracts in progress | 3 | €33,425 | €38,410 | +€4,985 | +14.9% |
| Stocks | 30/36 | €33,425 | €38,410 | +€4,985 | +14.9% |
| Amounts receivable within one year | 40/41 | €20,833 | €6,513 | -€14,321 | -68.7% |
| Other amounts receivable | 41 | €20,833 | €6,513 | -€14,321 | -68.7% |
| Cash at bank and in hand | 54/58 | €32,142 | €62,994 | +€30,852 | +96.0% |
| Total equity and liabilities | 10/49 | €92,049 | €111,164 | +€19,115 | +20.8% |
| Equity | 10/15 | €71,053 | €80,436 | +€9,383 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,453 | €61,836 | +€9,383 | +17.9% |
| Amounts payable | 17/49 | €20,996 | €30,728 | +€9,732 | +46.4% |
| Amounts payable within one year | 42/48 | €20,996 | €30,728 | +€9,732 | +46.4% |
| Trade debts | 44 | €4,832 | €8,734 | +€3,902 | +80.8% |
| Suppliers | 440/4 | €4,832 | €8,734 | +€3,902 | +80.8% |
| Taxes, remuneration and social security | 45 | €15,164 | €20,466 | +€5,302 | +35.0% |
| Taxes | 450/3 | €4,440 | €9,856 | +€5,416 | +122% |
| Remuneration and social security | 454/9 | €10,724 | €10,611 | -€113 | -1.1% |
| Other amounts payable | 47/48 | €1,000 | €1,527 | +€527 | +52.7% |
| Turnover | 70 | €912,361 | €1,177,610 | +€265,250 | +29.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €867,377 | €107,376 | -€760,000 | -87.6% |
| Remuneration, social security and pensions | 62 | €27,145 | €46,758 | +€19,612 | +72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,825 | €2,402 | -€423 | -15.0% |
| Other operating charges | 640/8 | €3,027 | €7,689 | +€4,663 | +154% |
| Gross operating margin | 9900 | €44,984 | €70,234 | +€25,250 | +56.1% |
| Operating profit (loss) | 9901 | €11,987 | €13,385 | +€1,398 | +11.7% |
| Financial income | 75/76B | €1,195 | €9,079 | +€7,884 | +660% |
| Recurring financial income | 75 | €1,195 | €9,078 | +€7,883 | +660% |
| Non-recurring financial income | 76B | €0 | €1 | +€1 | +650% |
| Financial charges | 65/66B | €2,115 | €1,952 | -€163 | -7.7% |
| Recurring financial charges | 65 | €2,113 | €1,941 | -€172 | -8.1% |
| Non-recurring financial charges | 66B | €2 | €11 | +€9 | +362% |
| Profit (loss) for the period before taxes | 9903 | €11,067 | €20,512 | +€9,445 | +85.3% |
| Income taxes | 67/77 | €3,856 | €11,129 | +€7,273 | +189% |
| Profit (loss) for the period | 9904 | €7,211 | €9,383 | +€2,172 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,211 | €9,383 | +€2,172 | +30.1% |
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.