R-evolution: what changed
R-evolution
Largest movements
- Cash -€6,777
down €6,777 (-40.9%), from €16,558 to €9,781
mainly Contributions, distributions and other (-€10,000) and Accrued charges and deferred income (-€7,685)
- Receivables within one year +€4,999
up €4,999 (+4.7%), from €105,273 to €110,272
of which Trade receivables: +€5,054
- Tax, wage and social debts +€7,705
up €7,705 (+98.7%), from €7,804 to €15,509
- Accrued charges and deferred income -€7,685
down €7,685 (-10.4%), from €74,191 to €66,506
- Trade debts -€4,112
down €4,112 (-11.8%), from €34,818 to €30,706
- Reserves +€2,400
up €2,400 (+126%), from €1,900 to €4,300
- Gross operating margin +€12,609
up €12,609 (+2,301%), from €548 to €13,157
- Other operating charges +€402
up €402 (+101%), from €399 to €801
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,831 | €120,053 | -€1,778 | -1.5% |
| Current assets | 29/58 | €121,831 | €120,053 | -€1,778 | -1.5% |
| Amounts receivable within one year | 40/41 | €105,273 | €110,272 | +€4,999 | +4.7% |
| Trade receivables | 40 | €101,258 | €106,312 | +€5,054 | +5.0% |
| Other amounts receivable | 41 | €4,015 | €3,960 | -€55 | -1.4% |
| Cash at bank and in hand | 54/58 | €16,558 | €9,781 | -€6,777 | -40.9% |
| Total equity and liabilities | 10/49 | €121,831 | €120,053 | -€1,778 | -1.5% |
| Equity | 10/15 | €5,018 | €7,332 | +€2,314 | +46.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €4,300 | +€2,400 | +126% |
| Distributable reserves | 133 | €1,900 | €4,300 | +€2,400 | +126% |
| Profit (loss) carried forward | 14 | €118 | €32 | -€86 | -72.9% |
| Amounts payable | 17/49 | €116,813 | €112,721 | -€4,092 | -3.5% |
| Amounts payable within one year | 42/48 | €42,622 | €46,215 | +€3,593 | +8.4% |
| Trade debts | 44 | €34,818 | €30,706 | -€4,112 | -11.8% |
| Suppliers | 440/4 | €34,818 | €30,706 | -€4,112 | -11.8% |
| Taxes, remuneration and social security | 45 | €7,804 | €15,509 | +€7,705 | +98.7% |
| Taxes | 450/3 | €7,804 | €15,509 | +€7,705 | +98.7% |
| Accrued charges and deferred income | 492/3 | €74,191 | €66,506 | -€7,685 | -10.4% |
| Other operating charges | 640/8 | €399 | €801 | +€402 | +101% |
| Gross operating margin | 9900 | €548 | €13,157 | +€12,609 | +2,301% |
| Operating profit (loss) | 9901 | €149 | €12,356 | +€12,207 | +8,193% |
| Financial charges | 65/66B | €95 | €42 | -€53 | -55.8% |
| Recurring financial charges | 65 | €95 | €42 | -€53 | -55.8% |
| Non-recurring financial charges | 66B | €95 | €42 | -€53 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | €54 | €12,314 | +€12,260 | +22,704% |
| Profit (loss) for the period | 9904 | €54 | €12,314 | +€12,260 | +22,704% |
| Profit (loss) for the period to be appropriated | 9905 | €54 | €12,314 | +€12,260 | +22,704% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.