RP CONSEILS: 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.
RP CONSEILS
Largest movements
- Financial fixed assets -€1.2m
down €1.2m (-99.4%), from €1.2m to €6,490
- Intangible fixed assets +€898,588
up €898,588, from €0 to €898,588
- Cash +€59,509
up €59,509 (+51.0%), from €116,720 to €176,229
mainly Net result for the year (+€702,238) and Investment in fixed assets (net) (+€244,769)
- Tangible fixed assets -€44,854
down €44,854 (-10.1%), from €445,864 to €401,010
of which Land and buildings: -€37,049
- Receivables within one year +€24,724
up €24,724 (+67.9%), from €36,418 to €61,142
of which Trade receivables: +€13,300
- Other debts -€1.0m
down €1.0m (-75.7%), from €1.4m to €328,354
- Profit (loss) carried forward +€705,213
up €705,213, from -€74,283 to €630,930
- Debts after one year +€92,392
up €92,392 (+50.3%), from €183,783 to €276,174
- Reserves -€84,374
down €84,374 (-48.7%), from €173,422 to €89,048
of which Distributable reserves: -€84,374
- Trade debts +€40,796
up €40,796 (+135%), from €30,232 to €71,028
- Gross operating margin +€720,805
up €720,805 (+457%), from €157,669 to €878,474
- Financial income +€208,551
up €208,551 (+16,622%), from €1,255 to €209,805
- Taxes +€154,210
up €154,210 (+1,268%), from €12,161 to €166,372
- Other operating charges +€55,974
up €55,974 (+825%), from €6,786 to €62,761
- Staff costs +€32,207
new in 2026: €32,207
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,763,583 | €1,548,979 | -€214,604 | -12.2% |
| Fixed assets | 21/28 | €1,607,638 | €1,306,088 | -€301,550 | -18.8% |
| Intangible fixed assets | 21 | €0 | €898,588 | +€898,588 | |
| Tangible fixed assets | 22/27 | €445,864 | €401,010 | -€44,854 | -10.1% |
| Land and buildings | 22 | €424,589 | €387,540 | -€37,049 | -8.7% |
| Plant, machinery and equipment | 23 | - | €817 | +€817 | |
| Furniture and vehicles | 24 | €21,275 | €12,654 | -€8,622 | -40.5% |
| Financial fixed assets | 28 | €1,161,774 | €6,490 | -€1.2m | -99.4% |
| Current assets | 29/58 | €155,945 | €242,891 | +€86,946 | +55.8% |
| Amounts receivable within one year | 40/41 | €36,418 | €61,142 | +€24,724 | +67.9% |
| Trade receivables | 40 | €28,650 | €41,950 | +€13,300 | +46.4% |
| Other amounts receivable | 41 | €7,768 | €19,192 | +€11,424 | +147% |
| Cash at bank and in hand | 54/58 | €116,720 | €176,229 | +€59,509 | +51.0% |
| Deferred charges and accrued income | 490/1 | €2,807 | €5,521 | +€2,713 | +96.7% |
| Total equity and liabilities | 10/49 | €1,763,583 | €1,548,979 | -€214,604 | -12.2% |
| Equity | 10/15 | €117,689 | €738,527 | +€620,838 | +528% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €173,422 | €89,048 | -€84,374 | -48.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €171,567 | €87,193 | -€84,374 | -49.2% |
| Profit (loss) carried forward | 14 | -€74,283 | €630,930 | +€705,213 | |
| Provisions and deferred taxes | 16 | - | €33,099 | +€33,099 | |
| Provisions for liabilities and charges | 160/5 | - | €33,099 | +€33,099 | |
| Environmental obligations | 163 | - | €33,099 | +€33,099 | |
| Amounts payable | 17/49 | €1,645,894 | €777,353 | -€868,541 | -52.8% |
| Amounts payable after more than one year | 17 | €183,783 | €276,174 | +€92,392 | +50.3% |
| Financial debts | 170/4 | €183,783 | €276,174 | +€92,392 | +50.3% |
| Amounts payable within one year | 42/48 | €1,440,742 | €476,037 | -€964,705 | -67.0% |
| Current portion of amounts payable after more than one year | 42 | €52,216 | €62,824 | +€10,607 | +20.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,232 | €71,028 | +€40,796 | +135% |
| Suppliers | 440/4 | €30,232 | €71,028 | +€40,796 | +135% |
| Taxes, remuneration and social security | 45 | €6,119 | €13,832 | +€7,713 | +126% |
| Taxes | 450/3 | €6,119 | €10,852 | +€4,732 | +77.3% |
| Remuneration and social security | 454/9 | - | €2,980 | +€2,980 | |
| Other amounts payable | 47/48 | €1,352,174 | €328,354 | -€1.0m | -75.7% |
| Accrued charges and deferred income | 492/3 | €21,369 | €25,142 | +€3,772 | +17.7% |
| Remuneration, social security and pensions | 62 | - | €32,207 | +€32,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,631 | €56,781 | +€4,150 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,100 | +€1,100 | |
| Other operating charges | 640/8 | €6,786 | €62,761 | +€55,974 | +825% |
| Non-recurring operating charges | 66A | - | €15,802 | +€15,802 | |
| Gross operating margin | 9900 | €157,669 | €878,474 | +€720,805 | +457% |
| Operating profit (loss) | 9901 | €98,251 | €709,822 | +€611,571 | +622% |
| Financial income | 75/76B | €1,255 | €209,805 | +€208,551 | +16,622% |
| Recurring financial income | 75 | €1,255 | €209,805 | +€208,551 | +16,622% |
| Financial charges | 65/66B | €59,104 | €51,018 | -€8,086 | -13.7% |
| Recurring financial charges | 65 | €59,104 | €51,018 | -€8,086 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €40,402 | €868,610 | +€828,208 | +2,050% |
| Income taxes | 67/77 | €12,161 | €166,372 | +€154,210 | +1,268% |
| Profit (loss) for the period | 9904 | €28,241 | €702,238 | +€673,997 | +2,387% |
| Transfer from tax-exempt reserves | 789 | - | €2,975 | +€2,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,241 | €705,213 | +€676,972 | +2,397% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.