R & B CONSTRUCT: 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.
R & B CONSTRUCT
Largest movements
- Receivables within one year +€50,804
up €50,804 (+42.4%), from €119,933 to €170,737
of which Trade receivables: +€48,837
- Cash -€30,252
down €30,252 (-68.8%), from €43,987 to €13,735
mainly Receivables within one year (-€50,804) and Net result for the year (-€7,305)
- Tangible fixed assets -€21,717
down €21,717 (-42.6%), from €50,981 to €29,264
of which Furniture and vehicles: -€18,841
- Tax, wage and social debts +€12,319
up €12,319 (+3623.2%), from €340 to €12,659
of which Taxes: +€10,367
- Profit (loss) carried forward -€7,305
down €7,305 (-4.4%), from €165,365 to €158,060
- Debts after one year -€6,208
down €6,208 (-37.3%), from €16,660 to €10,452
- Purchases and services +€72,620
up €72,620 (+17.3%), from €419,693 to €492,313
- Gross operating margin -€50,976
down €50,976 (-50.2%), from €101,551 to €50,575
- Turnover +€21,644
up €21,644 (+4.2%), from €521,244 to €542,888
- Taxes +€13,403
up €13,403 (+1449.0%), from €925 to €14,328
- Financial income +€11,264
up €11,264 (+1056.7%), from €1,066 to €12,330
of which Non-recurring financial income: +€12,091
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 | €215,021 | €213,856 | -€1,165 | -0.5% |
| Fixed assets | 21/28 | €51,101 | €29,384 | -€21,717 | -42.5% |
| Tangible fixed assets | 22/27 | €50,981 | €29,264 | -€21,717 | -42.6% |
| Land and buildings | 22 | €2,271 | €1,135 | -€1,136 | -50.0% |
| Plant, machinery and equipment | 23 | €1,740 | - | -€1,740 | |
| Furniture and vehicles | 24 | €46,970 | €28,129 | -€18,841 | -40.1% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €163,920 | €184,472 | +€20,552 | +12.5% |
| Amounts receivable within one year | 40/41 | €119,933 | €170,737 | +€50,804 | +42.4% |
| Trade receivables | 40 | €107,937 | €156,774 | +€48,837 | +45.2% |
| Other amounts receivable | 41 | €11,996 | €13,963 | +€1,967 | +16.4% |
| Cash at bank and in hand | 54/58 | €43,987 | €13,735 | -€30,252 | -68.8% |
| Total equity and liabilities | 10/49 | €215,021 | €213,856 | -€1,165 | -0.5% |
| Equity | 10/15 | €184,213 | €176,908 | -€7,305 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €248 | €248 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,365 | €158,060 | -€7,305 | -4.4% |
| Amounts payable | 17/49 | €30,808 | €36,948 | +€6,140 | +19.9% |
| Amounts payable after more than one year | 17 | €16,660 | €10,452 | -€6,208 | -37.3% |
| Financial debts | 170/4 | €16,660 | €10,452 | -€6,208 | -37.3% |
| Amounts payable within one year | 42/48 | €14,148 | €26,496 | +€12,348 | +87.3% |
| Financial debts | 43 | €5,902 | €6,208 | +€306 | +5.2% |
| Credit institutions | 430/8 | €5,902 | €6,208 | +€306 | +5.2% |
| Trade debts | 44 | €5,531 | €4,507 | -€1,024 | -18.5% |
| Suppliers | 440/4 | €5,531 | €4,507 | -€1,024 | -18.5% |
| Taxes, remuneration and social security | 45 | €340 | €12,659 | +€12,319 | +3623.2% |
| Taxes | 450/3 | €340 | €10,707 | +€10,367 | +3049.1% |
| Remuneration and social security | 454/9 | - | €1,952 | +€1,952 | |
| Other amounts payable | 47/48 | €2,375 | €3,122 | +€747 | +31.5% |
| Turnover | 70 | €521,244 | €542,888 | +€21,644 | +4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €419,693 | €492,313 | +€72,620 | +17.3% |
| Remuneration, social security and pensions | 62 | €30,930 | €32,655 | +€1,725 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,940 | €21,717 | +€4,777 | +28.2% |
| Gross operating margin | 9900 | €101,551 | €50,575 | -€50,976 | -50.2% |
| Operating profit (loss) | 9901 | €53,681 | -€3,797 | -€57,478 | |
| Financial income | 75/76B | €1,066 | €12,330 | +€11,264 | +1056.7% |
| Recurring financial income | 75 | €838 | €11 | -€827 | -98.7% |
| Non-recurring financial income | 76B | €228 | €12,319 | +€12,091 | +5303.1% |
| Financial charges | 65/66B | €2,341 | €1,510 | -€831 | -35.5% |
| Recurring financial charges | 65 | €2,341 | €1,510 | -€831 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €52,406 | €7,023 | -€45,383 | -86.6% |
| Income taxes | 67/77 | €925 | €14,328 | +€13,403 | +1449.0% |
| Profit (loss) for the period | 9904 | €51,481 | -€7,305 | -€58,786 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,481 | -€7,305 | -€58,786 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.