R & C SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€227,586
no longer reported in 2025 (was €227,586)
- Cash +€58,537
up €58,537 (+273.0%), from €21,444 to €79,982
mainly Investment in fixed assets (net) (+€227,586) and Net result for the year (+€62,874)
- Stocks and contracts -€22,360
down €22,360 (-93.2%), from €24,000 to €1,640
- Receivables within one year -€21,560
down €21,560 (-79.5%), from €27,124 to €5,564
of which Trade receivables: -€15,579
- Contributions -€151,140
down €151,140 (-89.6%), from €168,600 to €17,460
- Other debts -€53,860
down €53,860 (-73.3%), from €73,469 to €19,609
- Profit (loss) carried forward +€23,874
up €23,874 (+106.9%), from €22,327 to €46,201
- Reserves -€16,860
no longer reported in 2025 (was €16,860)
- Short-term financial debts -€16,343
no longer reported in 2025 (was €16,343)
- Gross operating margin +€91,627
up €91,627, from -€13,251 to €78,376
- Write-downs +€12,718
new in 2025: €12,718
- Depreciation -€9,756
no longer reported in 2025 (was €9,756)
- Taxes +€2,443
new in 2025: €2,443
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.
Cash bridge derived
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 | €300,155 | €87,186 | -€212,969 | -71.0% |
| Fixed assets | 21/28 | €227,586 | - | -€227,586 | |
| Tangible fixed assets | 22/27 | €227,586 | - | -€227,586 | |
| Land and buildings | 22 | €227,586 | - | -€227,586 | |
| Current assets | 29/58 | €72,569 | €87,186 | +€14,617 | +20.1% |
| Stocks and contracts in progress | 3 | €24,000 | €1,640 | -€22,360 | -93.2% |
| Stocks | 30/36 | €24,000 | €1,640 | -€22,360 | -93.2% |
| Amounts receivable within one year | 40/41 | €27,124 | €5,564 | -€21,560 | -79.5% |
| Trade receivables | 40 | €19,797 | €4,219 | -€15,579 | -78.7% |
| Other amounts receivable | 41 | €7,327 | €1,345 | -€5,982 | -81.6% |
| Cash at bank and in hand | 54/58 | €21,444 | €79,982 | +€58,537 | +273.0% |
| Total equity and liabilities | 10/49 | €300,155 | €87,186 | -€212,969 | -71.0% |
| Equity | 10/15 | €207,787 | €63,661 | -€144,126 | -69.4% |
| Contributions | 10/11 | €168,600 | €17,460 | -€151,140 | -89.6% |
| Capital | 10 | €168,600 | - | -€168,600 | |
| Issued capital | 100 | €168,600 | - | -€168,600 | |
| Reserves | 13 | €16,860 | - | -€16,860 | |
| Non-distributable reserves | 130/1 | €16,860 | - | -€16,860 | |
| Legal reserve | 130 | €16,860 | - | -€16,860 | |
| Profit (loss) carried forward | 14 | €22,327 | €46,201 | +€23,874 | +106.9% |
| Amounts payable | 17/49 | €92,368 | €23,525 | -€68,843 | -74.5% |
| Amounts payable within one year | 42/48 | €92,368 | €23,525 | -€68,843 | -74.5% |
| Financial debts | 43 | €16,343 | - | -€16,343 | |
| Credit institutions | 430/8 | €16,343 | - | -€16,343 | |
| Trade debts | 44 | €1,454 | €1,158 | -€297 | -20.4% |
| Suppliers | 440/4 | €1,454 | €1,158 | -€297 | -20.4% |
| Advances received on contracts in progress | 46 | €787 | - | -€787 | |
| Taxes, remuneration and social security | 45 | €315 | €2,758 | +€2,443 | +775.5% |
| Taxes | 450/3 | €315 | €2,758 | +€2,443 | +775.5% |
| Other amounts payable | 47/48 | €73,469 | €19,609 | -€53,860 | -73.3% |
| Non-recurring operating income | 76A | - | €119,207 | +€119,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,756 | - | -€9,756 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,718 | +€12,718 | |
| Other operating charges | 640/8 | €517 | - | -€517 | |
| Gross operating margin | 9900 | -€13,251 | €78,376 | +€91,627 | |
| Operating profit (loss) | 9901 | -€23,524 | €65,658 | +€89,181 | |
| Financial income | 75/76B | €7 | €69 | +€61 | +859.4% |
| Recurring financial income | 75 | €7 | €69 | +€61 | +859.4% |
| Financial charges | 65/66B | €62 | €409 | +€347 | +556.6% |
| Recurring financial charges | 65 | €62 | €409 | +€347 | +556.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,579 | €65,317 | +€88,896 | |
| Income taxes | 67/77 | - | €2,443 | +€2,443 | |
| Profit (loss) for the period | 9904 | -€23,579 | €62,874 | +€86,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,579 | €62,874 | +€86,453 |
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 11 October 2026 via checked.be.