RW TRANS: 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.
RW TRANS
Largest movements
- Tangible fixed assets -€5,740
down €5,740 (-72.7%), from €7,898 to €2,158
of which Furniture and vehicles: -€4,743
- Cash -€2,903
down €2,903 (-7.0%), from €41,208 to €38,305
mainly Tax, wage and social debts (-€6,933) and Net result for the year (-€1,504)
- Receivables within one year -€898
down €898 (-6.4%), from €14,062 to €13,164
of which Trade receivables: -€2,249
- Deferred charges and accrued income +€651
up €651 (+48.5%), from €1,341 to €1,992
- Tax, wage and social debts -€6,933
down €6,933 (-58.2%), from €11,918 to €4,986
- Profit (loss) carried forward -€1,504
down €1,504 (-5.3%), from €28,124 to €26,619
- Turnover -€6,216
down €6,216 (-5.0%), from €125,186 to €118,971
- Gross operating margin -€4,852
down €4,852 (-25.4%), from €19,076 to €14,224
- Financial charges +€3,101
up €3,101 (+1,078%), from €288 to €3,389
- Staff costs +€2,629
new in 2024: €2,629
- Other operating charges -€2,062
down €2,062 (-45.9%), from €4,497 to €2,435
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 | €64,693 | €55,804 | -€8,890 | -13.7% |
| Fixed assets | 21/28 | €8,083 | €2,343 | -€5,740 | -71.0% |
| Tangible fixed assets | 22/27 | €7,898 | €2,158 | -€5,740 | -72.7% |
| Plant, machinery and equipment | 23 | €1,898 | €901 | -€997 | -52.5% |
| Furniture and vehicles | 24 | €6,000 | €1,257 | -€4,743 | -79.1% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €56,611 | €53,461 | -€3,150 | -5.6% |
| Amounts receivable within one year | 40/41 | €14,062 | €13,164 | -€898 | -6.4% |
| Trade receivables | 40 | €14,062 | €11,812 | -€2,249 | -16.0% |
| Other amounts receivable | 41 | - | €1,351 | +€1,351 | |
| Cash at bank and in hand | 54/58 | €41,208 | €38,305 | -€2,903 | -7.0% |
| Deferred charges and accrued income | 490/1 | €1,341 | €1,992 | +€651 | +48.5% |
| Total equity and liabilities | 10/49 | €64,693 | €55,804 | -€8,890 | -13.7% |
| Equity | 10/15 | €48,124 | €46,619 | -€1,504 | -3.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,124 | €26,619 | -€1,504 | -5.3% |
| Amounts payable | 17/49 | €16,570 | €9,184 | -€7,386 | -44.6% |
| Amounts payable within one year | 42/48 | €16,570 | €9,184 | -€7,386 | -44.6% |
| Trade debts | 44 | €4,163 | €3,710 | -€453 | -10.9% |
| Suppliers | 440/4 | €4,163 | €3,710 | -€453 | -10.9% |
| Taxes, remuneration and social security | 45 | €11,918 | €4,986 | -€6,933 | -58.2% |
| Taxes | 450/3 | €11,918 | €4,986 | -€6,933 | -58.2% |
| Other amounts payable | 47/48 | €489 | €489 | -€0 | 0.0% |
| Turnover | 70 | €125,186 | €118,971 | -€6,216 | -5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,110 | €104,747 | -€1,363 | -1.3% |
| Remuneration, social security and pensions | 62 | - | €2,629 | +€2,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,786 | €7,013 | +€228 | +3.4% |
| Other operating charges | 640/8 | €4,497 | €2,435 | -€2,062 | -45.9% |
| Non-recurring operating charges | 66A | €2,067 | - | -€2,067 | |
| Gross operating margin | 9900 | €19,076 | €14,224 | -€4,852 | -25.4% |
| Operating profit (loss) | 9901 | €5,727 | €2,147 | -€3,580 | -62.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €288 | €3,389 | +€3,101 | +1,078% |
| Recurring financial charges | 65 | €288 | €3,389 | +€3,101 | +1,078% |
| Profit (loss) for the period before taxes | 9903 | €5,439 | -€1,232 | -€6,671 | |
| Income taxes | 67/77 | €1,427 | €272 | -€1,155 | -80.9% |
| Profit (loss) for the period | 9904 | €4,012 | -€1,504 | -€5,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,012 | -€1,504 | -€5,516 |
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 15 October 2026 via checked.be.