R&C Immo: 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 Immo
Largest movements
- Tangible fixed assets -€29,471
down €29,471 (-1.9%), from €1.5m to €1.5m
of which Other tangible fixed assets: -€42,140
- Receivables within one year +€25,669
up €25,669 (+194%), from €13,240 to €38,909
of which Trade receivables: +€16,795
- Debts after one year -€108,386
down €108,386 (-13.2%), from €822,466 to €714,080
- Provisions +€100,000
new in 2025: €100,000
- Other debts +€62,670
up €62,670 (+12.4%), from €503,815 to €566,486
- Trade debts -€41,124
no longer reported in 2025 (was €41,124)
- Tax, wage and social debts -€22,541
down €22,541 (-36.5%), from €61,829 to €39,289
of which Taxes: -€22,548
- Provisions +€100,000
new in 2025: €100,000
- Other operating charges -€55,148
down €55,148 (-67.8%), from €81,309 to €26,161
- Gross operating margin +€33,670
up €33,670 (+14.4%), from €234,585 to €268,254
- Depreciation +€10,415
up €10,415 (+10.2%), from €102,170 to €112,585
- Financial income +€7,334
up €7,334 (+146,380%), from €5 to €7,339
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 | €1,588,498 | €1,581,412 | -€7,086 | -0.4% |
| Fixed assets | 21/28 | €1,549,594 | €1,520,123 | -€29,471 | -1.9% |
| Tangible fixed assets | 22/27 | €1,549,594 | €1,520,123 | -€29,471 | -1.9% |
| Land and buildings | 22 | €1,174,500 | €1,136,686 | -€37,814 | -3.2% |
| Plant, machinery and equipment | 23 | €1,211 | €11,289 | +€10,078 | +832% |
| Furniture and vehicles | 24 | €82,594 | €122,999 | +€40,405 | +48.9% |
| Other tangible fixed assets | 26 | €291,290 | €249,150 | -€42,140 | -14.5% |
| Current assets | 29/58 | €38,904 | €61,289 | +€22,385 | +57.5% |
| Amounts receivable within one year | 40/41 | €13,240 | €38,909 | +€25,669 | +194% |
| Trade receivables | 40 | - | €16,795 | +€16,795 | |
| Other amounts receivable | 41 | €13,240 | €22,114 | +€8,874 | +67.0% |
| Cash at bank and in hand | 54/58 | €22,317 | €18,924 | -€3,393 | -15.2% |
| Deferred charges and accrued income | 490/1 | €3,348 | €3,456 | +€109 | +3.3% |
| Total equity and liabilities | 10/49 | €1,588,498 | €1,581,412 | -€7,086 | -0.4% |
| Equity | 10/15 | €49,037 | €53,172 | +€4,134 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,437 | €34,572 | +€4,134 | +13.6% |
| Provisions and deferred taxes | 16 | - | €100,000 | +€100,000 | |
| Provisions for liabilities and charges | 160/5 | - | €100,000 | +€100,000 | |
| Major repairs and maintenance | 162 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €1,539,461 | €1,428,241 | -€111,220 | -7.2% |
| Amounts payable after more than one year | 17 | €822,466 | €714,080 | -€108,386 | -13.2% |
| Financial debts | 170/4 | €822,466 | €714,080 | -€108,386 | -13.2% |
| Amounts payable within one year | 42/48 | €716,994 | €714,161 | -€2,834 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €110,226 | €108,386 | -€1,840 | -1.7% |
| Trade debts | 44 | €41,124 | - | -€41,124 | |
| Suppliers | 440/4 | €41,124 | - | -€41,124 | |
| Taxes, remuneration and social security | 45 | €61,829 | €39,289 | -€22,541 | -36.5% |
| Taxes | 450/3 | €60,498 | €37,950 | -€22,548 | -37.3% |
| Remuneration and social security | 454/9 | €1,331 | €1,339 | +€8 | +0.6% |
| Other amounts payable | 47/48 | €503,815 | €566,486 | +€62,670 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,170 | €112,585 | +€10,415 | +10.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €100,000 | +€100,000 | |
| Other operating charges | 640/8 | €81,309 | €26,161 | -€55,148 | -67.8% |
| Gross operating margin | 9900 | €234,585 | €268,254 | +€33,670 | +14.4% |
| Operating profit (loss) | 9901 | €51,105 | €29,508 | -€21,597 | -42.3% |
| Financial income | 75/76B | €5 | €7,339 | +€7,334 | +146,380% |
| Recurring financial income | 75 | €5 | €7,339 | +€7,334 | +146,380% |
| Financial charges | 65/66B | €31,616 | €32,712 | +€1,096 | +3.5% |
| Recurring financial charges | 65 | €31,616 | €32,712 | +€1,096 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €19,494 | €4,134 | -€15,360 | -78.8% |
| Income taxes | 67/77 | €6,206 | - | -€6,206 | |
| Profit (loss) for the period | 9904 | €13,288 | €4,134 | -€9,154 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,288 | €4,134 | -€9,154 | -68.9% |
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 17 October 2026 via checked.be.