R.A IMMO CONSULT: 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.
R.A IMMO CONSULT
Largest movements
- Tangible fixed assets -€32,429
down €32,429 (-8.7%), from €373,867 to €341,438
- Receivables within one year +€12,170
new in 2025: €12,170
of which Trade receivables: +€11,088
- Debts -€43,502
down €43,502 (-11.1%), from €391,632 to €348,130
of which Debts within one year: -€34,144
- Equity +€21,608
up €21,608, from -€16,130 to €5,478
of which Reserves: +€20,000
- Financial charges +€9,653
new in 2025: €9,653
of which Non-recurring financial charges: +€9,653
- Other operating charges +€3,005
new in 2025: €3,005
- Gross operating margin -€1,114
down €1,114 (-3.6%), from €31,336 to €30,222
- Depreciation +€365
up €365 (+1.8%), from €19,790 to €20,155
From the 2021 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,502 | €353,608 | -€21,894 | -5.8% |
| Fixed assets | 21/28 | €373,867 | €341,438 | -€32,429 | -8.7% |
| Tangible fixed assets | 22/27 | €373,867 | €341,438 | -€32,429 | -8.7% |
| Land and buildings | 22 | - | €323,666 | +€323,666 | |
| Plant, machinery and equipment | 23 | - | €1,715 | +€1,715 | |
| Furniture and vehicles | 24 | - | €16,057 | +€16,057 | |
| Current assets | 29/58 | €1,635 | €12,170 | +€10,535 | +644% |
| Amounts receivable within one year | 40/41 | - | €12,170 | +€12,170 | |
| Trade receivables | 40 | - | €11,088 | +€11,088 | |
| Other amounts receivable | 41 | - | €1,082 | +€1,082 | |
| Cash at bank and in hand | 54/58 | €1,635 | - | -€1,635 | |
| Total equity and liabilities | 10/49 | €375,502 | €353,608 | -€21,894 | -5.8% |
| Equity | 10/15 | -€16,130 | €5,478 | +€21,608 | |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€28,530 | -€33,122 | -€4,592 | -16.1% |
| Amounts payable | 17/49 | €391,632 | €348,130 | -€43,502 | -11.1% |
| Amounts payable after more than one year | 17 | €330,562 | €326,528 | -€4,034 | -1.2% |
| Financial debts | 170/4 | - | €326,528 | +€326,528 | |
| Amounts payable within one year | 42/48 | €55,746 | €21,602 | -€34,144 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | - | €17,447 | +€17,447 | |
| Financial debts | 43 | - | €885 | +€885 | |
| Credit institutions | 430/8 | - | €885 | +€885 | |
| Trade debts | 44 | €294 | €3,270 | +€2,976 | +1,012% |
| Suppliers | 440/4 | - | €3,270 | +€3,270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,790 | €20,155 | +€365 | +1.8% |
| Other operating charges | 640/8 | - | €3,005 | +€3,005 | |
| Gross operating margin | 9900 | €31,336 | €30,222 | -€1,114 | -3.6% |
| Operating profit (loss) | 9901 | €10,008 | €7,062 | -€2,946 | -29.4% |
| Financial charges | 65/66B | - | €9,653 | +€9,653 | |
| Recurring financial charges | 65 | €9,854 | €9,653 | -€201 | -2.0% |
| Non-recurring financial charges | 66B | - | €9,653 | +€9,653 | |
| Profit (loss) for the period before taxes | 9903 | €154 | -€2,591 | -€2,745 | |
| Profit (loss) for the period | 9904 | €154 | -€2,591 | -€2,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €154 | -€2,591 | -€2,745 |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.