R.B.P.: 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.P.
Largest movements
- Receivables within one year +€170,385
up €170,385 (+41.1%), from €414,235 to €584,620
of which Trade receivables: +€170,385
- Tangible fixed assets -€72,249
down €72,249 (-7.9%), from €910,539 to €838,290
of which Plant, machinery and equipment: -€53,831
- Profit (loss) carried forward +€91,200
no longer reported in 2025 (was -€91,200)
- Debts after one year -€23,495
down €23,495 (-10.2%), from €230,265 to €206,770
- Other operating charges -€19,207
down €19,207 (-94.0%), from €20,441 to €1,234
- Gross operating margin +€16,991
up €16,991 (+11.0%), from €154,612 to €171,603
- Taxes -€5,794
no longer reported in 2025 (was €5,794)
- Financial income -€1,771
no longer reported in 2025 (was €1,771)
of which Non-recurring financial income: -€1,094
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 | €1,336,821 | €1,425,171 | +€88,350 | +6.6% |
| Fixed assets | 21/28 | €911,345 | €839,096 | -€72,249 | -7.9% |
| Tangible fixed assets | 22/27 | €910,539 | €838,290 | -€72,249 | -7.9% |
| Land and buildings | 22 | €466,379 | €449,231 | -€17,148 | -3.7% |
| Plant, machinery and equipment | 23 | €433,307 | €379,476 | -€53,831 | -12.4% |
| Furniture and vehicles | 24 | €10,853 | €9,583 | -€1,270 | -11.7% |
| Financial fixed assets | 28 | €806 | €806 | = | 0.0% |
| Current assets | 29/58 | €425,476 | €586,075 | +€160,599 | +37.7% |
| Amounts receivable within one year | 40/41 | €414,235 | €584,620 | +€170,385 | +41.1% |
| Trade receivables | 40 | €304,235 | €474,620 | +€170,385 | +56.0% |
| Other amounts receivable | 41 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,241 | €1,455 | -€9,786 | -87.1% |
| Total equity and liabilities | 10/49 | €1,336,821 | €1,425,171 | +€88,350 | +6.6% |
| Equity | 10/15 | -€65,300 | €28,002 | +€93,302 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,300 | €9,402 | +€2,102 | +28.8% |
| Distributable reserves | 133 | €7,300 | €9,402 | +€2,102 | +28.8% |
| Profit (loss) carried forward | 14 | -€91,200 | - | +€91,200 | |
| Amounts payable | 17/49 | €1,402,121 | €1,397,169 | -€4,952 | -0.4% |
| Amounts payable after more than one year | 17 | €230,265 | €206,770 | -€23,495 | -10.2% |
| Financial debts | 170/4 | €230,265 | €206,770 | -€23,495 | -10.2% |
| Amounts payable within one year | 42/48 | €1,170,356 | €1,188,899 | +€18,543 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €23,118 | €23,494 | +€376 | +1.6% |
| Trade debts | 44 | €12,646 | €8,093 | -€4,553 | -36.0% |
| Suppliers | 440/4 | €12,646 | €8,093 | -€4,553 | -36.0% |
| Taxes, remuneration and social security | 45 | €13,276 | €22,328 | +€9,052 | +68.2% |
| Taxes | 450/3 | €13,276 | €22,328 | +€9,052 | +68.2% |
| Other amounts payable | 47/48 | €1,121,316 | €1,134,984 | +€13,668 | +1.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,811 | €72,249 | +€438 | +0.6% |
| Other operating charges | 640/8 | €20,441 | €1,234 | -€19,207 | -94.0% |
| Gross operating margin | 9900 | €154,612 | €171,603 | +€16,991 | +11.0% |
| Operating profit (loss) | 9901 | €62,360 | €98,120 | +€35,760 | +57.3% |
| Financial income | 75/76B | €1,771 | - | -€1,771 | |
| Recurring financial income | 75 | €677 | - | -€677 | |
| Non-recurring financial income | 76B | €1,094 | - | -€1,094 | |
| Financial charges | 65/66B | €5,461 | €4,817 | -€644 | -11.8% |
| Recurring financial charges | 65 | €5,461 | €4,817 | -€644 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €58,670 | €93,303 | +€34,633 | +59.0% |
| Income taxes | 67/77 | €5,794 | - | -€5,794 | |
| Profit (loss) for the period | 9904 | €52,876 | €93,303 | +€40,427 | +76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,876 | €93,303 | +€40,427 | +76.5% |
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 26 October 2026 via checked.be.