R.C.B.: 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.C.B.
Largest movements
- Stocks and contracts +€144,791
up €144,791 (+144%), from €100,401 to €245,192
of which Contracts in progress: +€143,388
- Tangible fixed assets -€5,379
down €5,379 (-30.6%), from €17,586 to €12,208
of which Furniture and vehicles: -€3,593
- Short-term financial debts +€118,479
up €118,479 (+42,029%), from €282 to €118,761
- Trade debts +€27,515
up €27,515 (+128%), from €21,548 to €49,063
- Profit (loss) carried forward -€18,083
down €18,083 (-31.3%), from -€57,773 to -€75,855
- Tax, wage and social debts +€10,932
up €10,932 (+153%), from €7,163 to €18,095
of which Remuneration and social security: +€13,474
- Gross operating margin +€33,300
up €33,300 (+63.9%), from €52,103 to €85,403
- Taxes -€4,899
no longer reported in 2025 (was €4,899)
- Staff costs -€3,964
down €3,964 (-4.0%), from €98,938 to €94,974
- Financial charges +€1,794
up €1,794 (+150%), from €1,194 to €2,989
- Financial income -€1,400
no longer reported in 2025 (was €1,400)
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 | €278,809 | €416,215 | +€137,406 | +49.3% |
| Fixed assets | 21/28 | €17,586 | €12,208 | -€5,379 | -30.6% |
| Tangible fixed assets | 22/27 | €17,586 | €12,208 | -€5,379 | -30.6% |
| Plant, machinery and equipment | 23 | €6,032 | €4,246 | -€1,786 | -29.6% |
| Furniture and vehicles | 24 | €11,555 | €7,961 | -€3,593 | -31.1% |
| Current assets | 29/58 | €261,223 | €404,008 | +€142,785 | +54.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €100,401 | €245,192 | +€144,791 | +144% |
| Stocks | 30/36 | €30,903 | €32,306 | +€1,403 | +4.5% |
| Contracts in progress | 37 | €69,498 | €212,886 | +€143,388 | +206% |
| Amounts receivable within one year | 40/41 | €97,417 | €96,986 | -€431 | -0.4% |
| Trade receivables | 40 | €97,417 | €35,946 | -€61,471 | -63.1% |
| Other amounts receivable | 41 | - | €61,040 | +€61,040 | |
| Cash at bank and in hand | 54/58 | €22,938 | €21,829 | -€1,109 | -4.8% |
| Deferred charges and accrued income | 490/1 | €467 | - | -€467 | |
| Total equity and liabilities | 10/49 | €278,809 | €416,215 | +€137,406 | +49.3% |
| Equity | 10/15 | €246,449 | €228,366 | -€18,083 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285,621 | €285,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €283,761 | €283,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,773 | -€75,855 | -€18,083 | -31.3% |
| Amounts payable | 17/49 | €32,361 | €187,850 | +€155,489 | +480% |
| Amounts payable within one year | 42/48 | €32,361 | €187,850 | +€155,489 | +480% |
| Financial debts | 43 | €282 | €118,761 | +€118,479 | +42,029% |
| Credit institutions | 430/8 | €282 | €118,761 | +€118,479 | +42,029% |
| Trade debts | 44 | €21,548 | €49,063 | +€27,515 | +128% |
| Suppliers | 440/4 | €21,548 | €49,063 | +€27,515 | +128% |
| Taxes, remuneration and social security | 45 | €7,163 | €18,095 | +€10,932 | +153% |
| Taxes | 450/3 | €2,542 | - | -€2,542 | |
| Remuneration and social security | 454/9 | €4,621 | €18,095 | +€13,474 | +292% |
| Other amounts payable | 47/48 | €3,368 | €1,931 | -€1,437 | -42.7% |
| Remuneration, social security and pensions | 62 | €98,938 | €94,974 | -€3,964 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,104 | €5,379 | -€726 | -11.9% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €52,103 | €85,403 | +€33,300 | +63.9% |
| Operating profit (loss) | 9901 | -€53,080 | -€15,094 | +€37,985 | +71.6% |
| Financial income | 75/76B | €1,400 | - | -€1,400 | |
| Recurring financial income | 75 | €1,400 | - | -€1,400 | |
| Financial charges | 65/66B | €1,194 | €2,989 | +€1,794 | +150% |
| Recurring financial charges | 65 | €1,194 | €2,989 | +€1,794 | +150% |
| Profit (loss) for the period before taxes | 9903 | -€52,874 | -€18,083 | +€34,791 | +65.8% |
| Income taxes | 67/77 | €4,899 | - | -€4,899 | |
| Profit (loss) for the period | 9904 | -€57,773 | -€18,083 | +€39,690 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,773 | -€18,083 | +€39,690 | +68.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 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.