RTE Constructions: 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.
RTE Constructions
Largest movements
- Receivables within one year +€27,862
up €27,862 (+63.1%), from €44,163 to €72,025
of which Other amounts receivable: +€15,883
- Cash -€6,324
down €6,324 (-55.2%), from €11,466 to €5,142
mainly Receivables within one year (-€27,862) and Investment in fixed assets (net) (-€6,125)
- Tangible fixed assets +€4,016
up €4,016 (+100.9%), from €3,980 to €7,996
of which Furniture and vehicles: +€3,643
- Trade debts +€26,261
up €26,261 (+560.0%), from €4,690 to €30,951
- Profit (loss) carried forward -€2,967
down €2,967 (-8.2%), from €36,313 to €33,346
- Other debts +€1,928
new in 2024: €1,928
- Gross operating margin -€74,753
down €74,753 (-84.5%), from €88,428 to €13,675
- Staff costs -€26,870
down €26,870 (-64.0%), from €41,974 to €15,105
- Taxes -€9,141
no longer reported in 2024 (was €9,141)
- Depreciation +€1,338
up €1,338 (+173.7%), from €770 to €2,109
- Financial income +€1,136
up €1,136 (+211.6%), from €537 to €1,674
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 | €59,632 | €85,368 | +€25,736 | +43.2% |
| Fixed assets | 21/28 | €3,980 | €7,996 | +€4,016 | +100.9% |
| Tangible fixed assets | 22/27 | €3,980 | €7,996 | +€4,016 | +100.9% |
| Plant, machinery and equipment | 23 | - | €373 | +€373 | |
| Furniture and vehicles | 24 | €3,980 | €7,623 | +€3,643 | +91.6% |
| Current assets | 29/58 | €55,653 | €77,372 | +€21,720 | +39.0% |
| Amounts receivable within one year | 40/41 | €44,163 | €72,025 | +€27,862 | +63.1% |
| Trade receivables | 40 | €23,426 | €35,405 | +€11,979 | +51.1% |
| Other amounts receivable | 41 | €20,737 | €36,620 | +€15,883 | +76.6% |
| Cash at bank and in hand | 54/58 | €11,466 | €5,142 | -€6,324 | -55.2% |
| Deferred charges and accrued income | 490/1 | €24 | €206 | +€182 | +769.0% |
| Total equity and liabilities | 10/49 | €59,632 | €85,368 | +€25,736 | +43.2% |
| Equity | 10/15 | €37,563 | €34,596 | -€2,967 | -7.9% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,313 | €33,346 | -€2,967 | -8.2% |
| Amounts payable | 17/49 | €22,069 | €50,772 | +€28,703 | +130.1% |
| Amounts payable within one year | 42/48 | €22,069 | €50,772 | +€28,703 | +130.1% |
| Trade debts | 44 | €4,690 | €30,951 | +€26,261 | +560.0% |
| Suppliers | 440/4 | €4,690 | €30,951 | +€26,261 | +560.0% |
| Taxes, remuneration and social security | 45 | €17,379 | €17,893 | +€514 | +3.0% |
| Taxes | 450/3 | €9,430 | €11,568 | +€2,137 | +22.7% |
| Remuneration and social security | 454/9 | €7,949 | €6,326 | -€1,623 | -20.4% |
| Other amounts payable | 47/48 | - | €1,928 | +€1,928 | |
| Remuneration, social security and pensions | 62 | €41,974 | €15,105 | -€26,870 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €2,109 | +€1,338 | +173.7% |
| Other operating charges | 640/8 | €686 | €1,009 | +€323 | +47.1% |
| Gross operating margin | 9900 | €88,428 | €13,675 | -€74,753 | -84.5% |
| Operating profit (loss) | 9901 | €44,997 | -€4,548 | -€49,545 | |
| Financial income | 75/76B | €537 | €1,674 | +€1,136 | +211.6% |
| Recurring financial income | 75 | €537 | €1,674 | +€1,136 | +211.6% |
| Financial charges | 65/66B | €80 | €93 | +€13 | +16.2% |
| Recurring financial charges | 65 | €80 | €93 | +€13 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €45,454 | -€2,967 | -€48,421 | |
| Income taxes | 67/77 | €9,141 | - | -€9,141 | |
| Profit (loss) for the period | 9904 | €36,313 | -€2,967 | -€39,280 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,313 | -€2,967 | -€39,280 |
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 7 October 2026 via checked.be.