R&B Holding: 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&B Holding
Largest movements
- Tangible fixed assets +€1.2m
new in 2025: €1.2m
- Receivables after one year +€847,014
new in 2025: €847,014
- Receivables within one year -€811,510
down €811,510 (-98.4%), from €824,990 to €13,480
of which Other amounts receivable: -€811,510
- Cash -€364,415
down €364,415 (-97.5%), from €373,775 to €9,360
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€1.1m)
- Debts after one year +€861,313
up €861,313 (+71,644%), from €1,202 to €862,516
- Reserves +€844,560
up €844,560 (+61.0%), from €1.4m to €2.2m
- Contributions -€825,000
down €825,000 (-17.8%), from €4.6m to €3.8m
- Financial income +€1.1m
up €1.1m (+1,725%), from €61,154 to €1.1m
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.
Derived cash bridge
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 | €6,021,764 | €6,902,854 | +€881,089 | +14.6% |
| Fixed assets | 21/28 | €4,823,000 | €6,033,000 | +€1.2m | +25.1% |
| Tangible fixed assets | 22/27 | - | €1,210,000 | +€1.2m | |
| Land and buildings | 22 | - | €1,210,000 | +€1.2m | |
| Financial fixed assets | 28 | €4,823,000 | €4,823,000 | = | 0.0% |
| Affiliated companies | 280/1 | €4,823,000 | €4,823,000 | = | 0.0% |
| Participating interests | 280 | €4,823,000 | €4,823,000 | = | 0.0% |
| Current assets | 29/58 | €1,198,764 | €869,854 | -€328,911 | -27.4% |
| Amounts receivable after more than one year | 29 | - | €847,014 | +€847,014 | |
| Other amounts receivable | 291 | - | €847,014 | +€847,014 | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €824,990 | €13,480 | -€811,510 | -98.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €824,990 | €13,480 | -€811,510 | -98.4% |
| Cash at bank and in hand | 54/58 | €373,775 | €9,360 | -€364,415 | -97.5% |
| Total equity and liabilities | 10/49 | €6,021,764 | €6,902,854 | +€881,089 | +14.6% |
| Equity | 10/15 | €6,015,403 | €6,034,963 | +€19,560 | +0.3% |
| Contributions | 10/11 | €4,630,000 | €3,805,000 | -€825,000 | -17.8% |
| Reserves | 13 | €1,385,403 | €2,229,963 | +€844,560 | +61.0% |
| Distributable reserves | 133 | €1,385,403 | €2,229,963 | +€844,560 | +61.0% |
| Amounts payable | 17/49 | €6,362 | €867,891 | +€861,529 | +13,543% |
| Amounts payable after more than one year | 17 | €1,202 | €862,516 | +€861,313 | +71,644% |
| Other amounts payable | 178/9 | €1,202 | €862,516 | +€861,313 | +71,644% |
| Amounts payable within one year | 42/48 | €5,159 | €5,304 | +€144 | +2.8% |
| Trade debts | 44 | €5,159 | €5,304 | +€144 | +2.8% |
| Suppliers | 440/4 | €5,159 | €5,304 | +€144 | +2.8% |
| Accrued charges and deferred income | 492/3 | - | €71 | +€71 | |
| Operating charges | 60/66A | €7,945 | €13,485 | +€5,540 | +69.7% |
| Services and other goods | 61 | €6,644 | €12,340 | +€5,696 | +85.7% |
| Other operating charges | 640/8 | €1,302 | €1,145 | -€156 | -12.0% |
| Operating profit (loss) | 9901 | -€7,945 | -€13,485 | -€5,540 | -69.7% |
| Financial income | 75/76B | €61,154 | €1,116,163 | +€1.1m | +1,725% |
| Recurring financial income | 75 | €61,154 | €1,116,163 | +€1.1m | +1,725% |
| Income from current assets | 751 | €61,154 | €1,116,163 | +€1.1m | +1,725% |
| Financial charges | 65/66B | €668 | €1,597 | +€929 | +139% |
| Recurring financial charges | 65 | €668 | €1,597 | +€929 | +139% |
| Debt charges | 650 | €148 | €1,002 | +€854 | +577% |
| Other financial charges | 652/9 | €520 | €595 | +€75 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €52,540 | €1,101,080 | +€1.0m | +1,996% |
| Income taxes | 67/77 | €5,550 | €6,520 | +€970 | +17.5% |
| Taxes | 670/3 | €5,550 | €6,520 | +€970 | +17.5% |
| Profit (loss) for the period | 9904 | €46,990 | €1,094,560 | +€1.0m | +2,229% |
| Profit (loss) for the period to be appropriated | 9905 | €46,990 | €1,094,560 | +€1.0m | +2,229% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.