2RM: 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.
2RM
Largest movements
- Receivables within one year +€234,411
up €234,411 (+971.9%), from €24,118 to €258,529
of which Trade receivables: +€239,147
- Tangible fixed assets +€7,663
up €7,663, from €0 to €7,663
- Cash +€5,697
up €5,697 (+53.3%), from €10,682 to €16,378
mainly Trade debts (+€162,351) and Net result for the year (+€124,274)
- Trade debts +€162,351
up €162,351 (+9268.5%), from €1,752 to €164,103
- Profit (loss) carried forward +€53,733
up €53,733, from -€53,733 to €0
- Tax, wage and social debts +€25,279
up €25,279 (+632.7%), from €3,996 to €29,274
- Reserves +€15,542
up €15,542 (+30319.4%), from €51 to €15,593
of which Distributable reserves: +€15,542
- Other debts -€9,134
down €9,134 (-14.2%), from €64,134 to €55,000
- Gross operating margin +€110,952
up €110,952 (+506.1%), from €21,922 to €132,874
- Taxes +€8,708
new in 2025: €8,708
- Financial income +€1,462
up €1,462 (+630.8%), from €232 to €1,694
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,800 | €282,570 | +€247,771 | +712.0% |
| Fixed assets | 21/28 | €0 | €7,663 | +€7,663 | |
| Tangible fixed assets | 22/27 | €0 | €7,663 | +€7,663 | |
| Furniture and vehicles | 24 | €0 | €7,663 | +€7,663 | |
| Current assets | 29/58 | €34,800 | €274,907 | +€240,107 | +690.0% |
| Amounts receivable within one year | 40/41 | €24,118 | €258,529 | +€234,411 | +971.9% |
| Trade receivables | 40 | €19,381 | €258,529 | +€239,147 | +1233.9% |
| Other amounts receivable | 41 | €4,737 | €0 | -€4,737 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,682 | €16,378 | +€5,697 | +53.3% |
| Total equity and liabilities | 10/49 | €34,800 | €282,570 | +€247,771 | +712.0% |
| Equity | 10/15 | -€35,081 | €34,193 | +€69,274 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51 | €15,593 | +€15,542 | +30319.4% |
| Non-distributable reserves | 130/1 | €51 | €51 | = | 0.0% |
| Reserves not available under the articles | 1311 | €51 | €51 | = | 0.0% |
| Distributable reserves | 133 | - | €15,542 | +€15,542 | |
| Profit (loss) carried forward | 14 | -€53,733 | €0 | +€53,733 | |
| Amounts payable | 17/49 | €69,881 | €248,377 | +€178,496 | +255.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €69,881 | €248,377 | +€178,496 | +255.4% |
| Trade debts | 44 | €1,752 | €164,103 | +€162,351 | +9268.5% |
| Suppliers | 440/4 | €1,752 | €164,103 | +€162,351 | +9268.5% |
| Taxes, remuneration and social security | 45 | €3,996 | €29,274 | +€25,279 | +632.7% |
| Taxes | 450/3 | €3,996 | €29,274 | +€25,279 | +632.7% |
| Other amounts payable | 47/48 | €64,134 | €55,000 | -€9,134 | -14.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €176 | -€40 | -18.5% |
| Other operating charges | 640/8 | €953 | €1,090 | +€137 | +14.4% |
| Gross operating margin | 9900 | €21,922 | €132,874 | +€110,952 | +506.1% |
| Operating profit (loss) | 9901 | €20,753 | €131,607 | +€110,854 | +534.2% |
| Financial income | 75/76B | €232 | €1,694 | +€1,462 | +630.8% |
| Recurring financial income | 75 | €232 | €1,694 | +€1,462 | +630.8% |
| Financial charges | 65/66B | €110 | €318 | +€208 | +189.6% |
| Recurring financial charges | 65 | €110 | €318 | +€208 | +189.6% |
| Profit (loss) for the period before taxes | 9903 | €20,875 | €132,983 | +€112,108 | +537.0% |
| Income taxes | 67/77 | - | €8,708 | +€8,708 | |
| Profit (loss) for the period | 9904 | €20,875 | €124,274 | +€103,400 | +495.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,875 | €124,274 | +€103,400 | +495.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.