ROYALE DRIVER GROUP: 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.
ROYALE DRIVER GROUP
Largest movements
- Receivables within one year +€119,277
up €119,277 (+78.9%), from €151,113 to €270,390
of which Trade receivables: +€139,950
- Cash -€15,101
down €15,101 (-72.8%), from €20,737 to €5,636
mainly Receivables within one year (-€119,277) and Other debts (-€13,500)
- Trade debts +€84,927
up €84,927 (+338.3%), from €25,104 to €110,030
- Other debts -€13,500
down €13,500 (-17.8%), from €76,000 to €62,500
- Tax, wage and social debts +€12,977
new in 2024: €12,977
of which Taxes: +€9,802
- Advances received +€11,879
up €11,879 (+201.2%), from €5,903 to €17,782
- Profit (loss) carried forward +€6,474
up €6,474 (+11.6%), from €55,605 to €62,079
- Staff costs +€51,659
new in 2024: €51,659
- Gross operating margin -€12,352
down €12,352 (-14.0%), from €87,983 to €75,631
- Other operating charges -€1,347
down €1,347 (-16.9%), from €7,970 to €6,624
- Taxes +€899
up €899 (+10.1%), from €8,903 to €9,802
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 | €181,212 | €283,968 | +€102,757 | +56.7% |
| Fixed assets | 21/28 | €6,898 | €6,933 | +€35 | +0.5% |
| Tangible fixed assets | 22/27 | €6,088 | €3,568 | -€2,520 | -41.4% |
| Furniture and vehicles | 24 | €6,088 | €3,568 | -€2,520 | -41.4% |
| Financial fixed assets | 28 | €810 | €3,365 | +€2,555 | +315.5% |
| Current assets | 29/58 | €174,314 | €277,035 | +€102,721 | +58.9% |
| Amounts receivable within one year | 40/41 | €151,113 | €270,390 | +€119,277 | +78.9% |
| Trade receivables | 40 | €33,344 | €173,294 | +€139,950 | +419.7% |
| Other amounts receivable | 41 | €117,769 | €97,096 | -€20,673 | -17.6% |
| Cash at bank and in hand | 54/58 | €20,737 | €5,636 | -€15,101 | -72.8% |
| Deferred charges and accrued income | 490/1 | €2,464 | €1,010 | -€1,454 | -59.0% |
| Total equity and liabilities | 10/49 | €181,212 | €283,968 | +€102,757 | +56.7% |
| Equity | 10/15 | €74,205 | €80,679 | +€6,474 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,605 | €62,079 | +€6,474 | +11.6% |
| Amounts payable | 17/49 | €107,007 | €203,290 | +€96,283 | +90.0% |
| Amounts payable within one year | 42/48 | €107,007 | €203,290 | +€96,283 | +90.0% |
| Trade debts | 44 | €25,104 | €110,030 | +€84,927 | +338.3% |
| Suppliers | 440/4 | €25,104 | €110,030 | +€84,927 | +338.3% |
| Advances received on contracts in progress | 46 | €5,903 | €17,782 | +€11,879 | +201.2% |
| Taxes, remuneration and social security | 45 | - | €12,977 | +€12,977 | |
| Taxes | 450/3 | - | €9,802 | +€9,802 | |
| Remuneration and social security | 454/9 | - | €3,175 | +€3,175 | |
| Other amounts payable | 47/48 | €76,000 | €62,500 | -€13,500 | -17.8% |
| Remuneration, social security and pensions | 62 | - | €51,659 | +€51,659 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,520 | €2,520 | = | 0.0% |
| Other operating charges | 640/8 | €7,970 | €6,624 | -€1,347 | -16.9% |
| Gross operating margin | 9900 | €87,983 | €75,631 | -€12,352 | -14.0% |
| Operating profit (loss) | 9901 | €77,492 | €14,828 | -€62,664 | -80.9% |
| Financial income | 75/76B | €3,260 | €3,487 | +€227 | +7.0% |
| Recurring financial income | 75 | €3,260 | €3,487 | +€227 | +7.0% |
| Financial charges | 65/66B | €1,749 | €2,040 | +€291 | +16.7% |
| Recurring financial charges | 65 | €1,749 | €2,040 | +€291 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €79,004 | €16,276 | -€62,728 | -79.4% |
| Income taxes | 67/77 | €8,903 | €9,802 | +€899 | +10.1% |
| Profit (loss) for the period | 9904 | €70,101 | €6,474 | -€63,627 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,101 | €6,474 | -€63,627 | -90.8% |
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 8 October 2026 via checked.be.