R&A HOLDING: what changed
What changed
R&A HOLDING
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€506,689
2024 · €221,296+€285,393
Equity
€1.8m
2024 · €1.3m+€506,689
Cash
€23,561
2024 · €25,590-€2,030
Balance sheet total
€4.7m
2024 · €3.7m+€982,693
Largest movements
Assets
- Tangible fixed assets +€603,809
up €603,809 (+49.1%), from €1.2m to €1.8m
of which Land and buildings: +€489,452
- Receivables after one year +€310,626
up €310,626 (+220%), from €141,372 to €451,998
- Receivables within one year +€201,786
up €201,786 (+64.1%), from €314,667 to €516,453
of which Other amounts receivable: +€138,103
- Financial fixed assets -€132,179
down €132,179 (-6.6%), from €2.0m to €1.9m
Equity and liabilities
- Profit (loss) carried forward +€463,089
up €463,089, from -€463,012 to €77
- Debts after one year +€338,827
up €338,827 (+16.1%), from €2.1m to €2.4m
of which Financial debts: +€275,063
- Other debts +€171,102
up €171,102 (+120%), from €142,695 to €313,797
- Tax, wage and social debts -€57,311
down €57,311 (-79.8%), from €71,807 to €14,496
of which Taxes: -€45,126
Income statement
- Financial income +€170,024
up €170,024 (+60.5%), from €280,888 to €450,912
of which Financial income: +€218,524
- Gross operating margin +€169,982
up €169,982 (+476%), from €35,744 to €205,726
- Depreciation +€31,666
up €31,666 (+78.2%), from €40,518 to €72,184
- Financial charges +€12,317
up €12,317 (+24.9%), from €49,502 to €61,819
of which Financial charges: +€62,666
- Other operating charges +€10,683
up €10,683 (+213%), from €5,016 to €15,699
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€221,296
Gross operating margin
+€169,982
Depreciation
-€31,666
Other operating charges
-€10,683
Financial income
+€170,024
Financial charges
-€12,317
Taxes
+€54
Result 2025
€506,689
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€176,025
Investment
-€543,815
Financing
+€365,760
Cash 2024
€25,590
From operations (derived)
+€176,025
Net result for the year
+€506,689
Depreciation
+€72,184
Receivables after one year
-€310,626
Receivables within one year
-€201,786
Deferred charges and accrued income
-€680
Trade debts
-€3,547
Tax, wage and social debts
-€57,311
Other debts
+€171,102
Investment (derived)
-€543,815
Investment in fixed assets (net)
-€543,815
Financing
+€365,760
Debts after one year
+€338,827
Current portion of long-term debt
+€26,933
Cash 2025
€23,561
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,726,792 | €4,709,486 | +€982,693 | +26.4% |
| Fixed assets | 21/28 | €3,243,100 | €3,714,730 | +€471,630 | +14.5% |
| Tangible fixed assets | 22/27 | €1,230,256 | €1,834,065 | +€603,809 | +49.1% |
| Land and buildings | 22 | €1,227,563 | €1,717,015 | +€489,452 | +39.9% |
| Furniture and vehicles | 24 | €2,693 | €1,156 | -€1,536 | -57.1% |
| Leasing and similar rights | 25 | - | €115,894 | +€115,894 | |
| Financial fixed assets | 28 | €2,012,844 | €1,880,666 | -€132,179 | -6.6% |
| Current assets | 29/58 | €483,693 | €994,756 | +€511,063 | +106% |
| Amounts receivable after more than one year | 29 | €141,372 | €451,998 | +€310,626 | +220% |
| Other amounts receivable | 291 | €141,372 | €451,998 | +€310,626 | +220% |
| Amounts receivable within one year | 40/41 | €314,667 | €516,453 | +€201,786 | +64.1% |
| Trade receivables | 40 | €53,217 | €116,900 | +€63,683 | +120% |
| Other amounts receivable | 41 | €261,450 | €399,554 | +€138,103 | +52.8% |
| Cash at bank and in hand | 54/58 | €25,590 | €23,561 | -€2,030 | -7.9% |
| Deferred charges and accrued income | 490/1 | €2,063 | €2,743 | +€680 | +33.0% |
| Total equity and liabilities | 10/49 | €3,726,792 | €4,709,486 | +€982,693 | +26.4% |
| Equity | 10/15 | €1,287,188 | €1,793,877 | +€506,689 | +39.4% |
| Contributions | 10/11 | €1,681,200 | €1,681,200 | = | 0.0% |
| Capital | 10 | €1,681,200 | €1,681,200 | = | 0.0% |
| Issued capital | 100 | €1,681,200 | €1,681,200 | = | 0.0% |
| Reserves | 13 | €69,000 | €112,600 | +€43,600 | +63.2% |
| Non-distributable reserves | 130/1 | €69,000 | €71,600 | +€2,600 | +3.8% |
| Legal reserve | 130 | €69,000 | €71,600 | +€2,600 | +3.8% |
| Distributable reserves | 133 | - | €41,000 | +€41,000 | |
| Profit (loss) carried forward | 14 | -€463,012 | €77 | +€463,089 | |
| Amounts payable | 17/49 | €2,439,605 | €2,915,609 | +€476,004 | +19.5% |
| Amounts payable after more than one year | 17 | €2,101,432 | €2,440,259 | +€338,827 | +16.1% |
| Financial debts | 170/4 | €789,283 | €1,064,346 | +€275,063 | +34.8% |
| Other amounts payable | 178/9 | €1,312,149 | €1,375,913 | +€63,764 | +4.9% |
| Amounts payable within one year | 42/48 | €338,172 | €475,350 | +€137,177 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €113,334 | €140,267 | +€26,933 | +23.8% |
| Trade debts | 44 | €10,336 | €6,790 | -€3,547 | -34.3% |
| Suppliers | 440/4 | €10,336 | €6,790 | -€3,547 | -34.3% |
| Taxes, remuneration and social security | 45 | €71,807 | €14,496 | -€57,311 | -79.8% |
| Taxes | 450/3 | €59,622 | €14,496 | -€45,126 | -75.7% |
| Remuneration and social security | 454/9 | €12,185 | - | -€12,185 | |
| Other amounts payable | 47/48 | €142,695 | €313,797 | +€171,102 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,518 | €72,184 | +€31,666 | +78.2% |
| Other operating charges | 640/8 | €5,016 | €15,699 | +€10,683 | +213% |
| Gross operating margin | 9900 | €35,744 | €205,726 | +€169,982 | +476% |
| Operating profit (loss) | 9901 | -€9,789 | €117,843 | +€127,632 | |
| Financial income | 75/76B | €280,888 | €450,912 | +€170,024 | +60.5% |
| Recurring financial income | 75 | €225,888 | €444,412 | +€218,524 | +96.7% |
| Non-recurring financial income | 76B | €55,000 | €6,500 | -€48,500 | -88.2% |
| Financial charges | 65/66B | €49,502 | €61,819 | +€12,317 | +24.9% |
| Recurring financial charges | 65 | -€5,498 | €57,168 | +€62,666 | |
| Non-recurring financial charges | 66B | €55,000 | €4,651 | -€50,349 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €221,598 | €506,936 | +€285,339 | +129% |
| Income taxes | 67/77 | €301 | €247 | -€54 | -18.1% |
| Profit (loss) for the period | 9904 | €221,296 | €506,689 | +€285,393 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €221,296 | €506,689 | +€285,393 | +129% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.