R.C. TRADING: 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. TRADING
Largest movements
- Stocks and contracts -€29,550
down €29,550 (-12.4%), from €238,873 to €209,323
- Cash -€13,258
down €13,258 (-34.6%), from €38,372 to €25,114
mainly Advances received (-€26,000) and Tax, wage and social debts (-€16,363)
- Receivables within one year +€8,174
up €8,174 (+105%), from €7,798 to €15,972
of which Trade receivables: +€15,706
- Tangible fixed assets -€5,060
down €5,060 (-50.7%), from €9,987 to €4,927
of which Furniture and vehicles: -€2,785
- Advances received -€26,000
no longer reported in 2025 (was €26,000)
- Tax, wage and social debts -€16,363
down €16,363 (-46.0%), from €35,580 to €19,217
of which Remuneration and social security: -€15,000
- Other debts +€6,899
up €6,899 (+4.5%), from €152,067 to €158,966
- Profit (loss) carried forward -€4,826
down €4,826 (-7.6%), from €63,174 to €58,349
- Gross operating margin -€18,741
down €18,741 (-76.3%), from €24,567 to €5,826
- Taxes -€3,185
no longer reported in 2025 (was €3,185)
- Financial charges +€441
up €441 (+29.8%), from €1,479 to €1,920
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 | €302,470 | €260,417 | -€42,053 | -13.9% |
| Fixed assets | 21/28 | €12,867 | €7,807 | -€5,060 | -39.3% |
| Tangible fixed assets | 22/27 | €9,987 | €4,927 | -€5,060 | -50.7% |
| Plant, machinery and equipment | 23 | €2,235 | €211 | -€2,025 | -90.6% |
| Furniture and vehicles | 24 | €5,277 | €2,492 | -€2,785 | -52.8% |
| Other tangible fixed assets | 26 | €2,475 | €2,225 | -€250 | -10.1% |
| Financial fixed assets | 28 | €2,880 | €2,880 | = | 0.0% |
| Current assets | 29/58 | €289,603 | €252,610 | -€36,993 | -12.8% |
| Stocks and contracts in progress | 3 | €238,873 | €209,323 | -€29,550 | -12.4% |
| Stocks | 30/36 | €238,873 | €209,323 | -€29,550 | -12.4% |
| Amounts receivable within one year | 40/41 | €7,798 | €15,972 | +€8,174 | +105% |
| Trade receivables | 40 | €266 | €15,972 | +€15,706 | +5,900% |
| Other amounts receivable | 41 | €7,532 | - | -€7,532 | |
| Cash at bank and in hand | 54/58 | €38,372 | €25,114 | -€13,258 | -34.6% |
| Deferred charges and accrued income | 490/1 | €4,560 | €2,201 | -€2,359 | -51.7% |
| Total equity and liabilities | 10/49 | €302,470 | €260,417 | -€42,053 | -13.9% |
| Equity | 10/15 | €68,174 | €63,349 | -€4,826 | -7.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,174 | €58,349 | -€4,826 | -7.6% |
| Amounts payable | 17/49 | €234,296 | €197,068 | -€37,227 | -15.9% |
| Amounts payable within one year | 42/48 | €234,296 | €197,068 | -€37,227 | -15.9% |
| Trade debts | 44 | €20,649 | €18,885 | -€1,763 | -8.5% |
| Suppliers | 440/4 | €20,649 | €18,885 | -€1,763 | -8.5% |
| Advances received on contracts in progress | 46 | €26,000 | - | -€26,000 | |
| Taxes, remuneration and social security | 45 | €35,580 | €19,217 | -€16,363 | -46.0% |
| Taxes | 450/3 | €17,580 | €16,217 | -€1,363 | -7.8% |
| Remuneration and social security | 454/9 | €18,000 | €3,000 | -€15,000 | -83.3% |
| Other amounts payable | 47/48 | €152,067 | €158,966 | +€6,899 | +4.5% |
| Remuneration, social security and pensions | 62 | €1,658 | €1,868 | +€210 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,338 | €6,464 | +€126 | +2.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €130 | - | -€130 | |
| Gross operating margin | 9900 | €24,567 | €5,826 | -€18,741 | -76.3% |
| Operating profit (loss) | 9901 | €16,054 | -€2,905 | -€18,959 | |
| Financial charges | 65/66B | €1,479 | €1,920 | +€441 | +29.8% |
| Recurring financial charges | 65 | €1,479 | €1,920 | +€441 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €14,575 | -€4,826 | -€19,400 | |
| Income taxes | 67/77 | €3,185 | - | -€3,185 | |
| Profit (loss) for the period | 9904 | €11,390 | -€4,826 | -€16,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,390 | -€4,826 | -€16,216 |
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 30 October 2026 via checked.be.