R.C.C.: 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.C.
Largest movements
- Cash +€36,667
up €36,667 (+19.4%), from €188,619 to €225,286
mainly Receivables within one year (+€20,359) and Net result for the year (+€13,575)
- Receivables within one year -€20,359
down €20,359 (-46.8%), from €43,481 to €23,122
of which Trade receivables: -€21,062
- Reserves +€10,000
up €10,000 (+161%), from €6,200 to €16,200
of which Distributable reserves: +€10,000
- Profit (loss) carried forward +€3,575
up €3,575 (+37.2%), from €9,615 to €13,190
- Gross operating margin -€15,132
down €15,132 (-42.4%), from €35,664 to €20,533
- Taxes -€1,346
down €1,346 (-18.6%), from €7,239 to €5,893
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 | €238,885 | €254,308 | +€15,423 | +6.5% |
| Fixed assets | 21/28 | €5,900 | €5,900 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,765 | €5,765 | = | 0.0% |
| Land and buildings | 22 | €5,765 | €5,765 | = | 0.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €232,985 | €248,408 | +€15,423 | +6.6% |
| Amounts receivable within one year | 40/41 | €43,481 | €23,122 | -€20,359 | -46.8% |
| Trade receivables | 40 | €43,481 | €22,419 | -€21,062 | -48.4% |
| Other amounts receivable | 41 | - | €703 | +€703 | |
| Cash at bank and in hand | 54/58 | €188,619 | €225,286 | +€36,667 | +19.4% |
| Deferred charges and accrued income | 490/1 | €885 | - | -€885 | |
| Total equity and liabilities | 10/49 | €238,885 | €254,308 | +€15,423 | +6.5% |
| Equity | 10/15 | €77,788 | €91,363 | +€13,575 | +17.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,200 | €16,200 | +€10,000 | +161% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €9,615 | €13,190 | +€3,575 | +37.2% |
| Amounts payable | 17/49 | €161,097 | €162,945 | +€1,848 | +1.1% |
| Amounts payable within one year | 42/48 | €161,097 | €162,945 | +€1,848 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €159,576 | €159,576 | = | 0.0% |
| Trade debts | 44 | - | €2,369 | +€2,369 | |
| Suppliers | 440/4 | - | €2,369 | +€2,369 | |
| Taxes, remuneration and social security | 45 | €1,521 | €1,000 | -€521 | -34.3% |
| Taxes | 450/3 | €1,521 | €1,000 | -€521 | -34.3% |
| Gross operating margin | 9900 | €35,664 | €20,533 | -€15,132 | -42.4% |
| Operating profit (loss) | 9901 | €35,664 | €20,533 | -€15,132 | -42.4% |
| Financial income | 75/76B | €289 | €164 | -€124 | -43.1% |
| Recurring financial income | 75 | €289 | €164 | -€124 | -43.1% |
| Financial charges | 65/66B | €1,190 | €1,229 | +€39 | +3.3% |
| Recurring financial charges | 65 | €1,190 | €1,229 | +€39 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €34,763 | €19,468 | -€15,295 | -44.0% |
| Income taxes | 67/77 | €7,239 | €5,893 | -€1,346 | -18.6% |
| Profit (loss) for the period | 9904 | €27,524 | €13,575 | -€13,949 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,524 | €13,575 | -€13,949 | -50.7% |
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 27 October 2026 via checked.be.