R.G.C.I.: what changed
What changed
R.G.C.I.
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€96,871
2024 · €45,927+€50,943
Equity
€440,088
2024 · €427,218+€12,871
Cash
€58,575
2024 · €35,522+€23,053
Balance sheet total
€895,497
2024 · €830,502+€64,995
Largest movements
Assets
- Receivables within one year +€23,138
up €23,138 (+59.8%), from €38,690 to €61,828
of which Other amounts receivable: +€31,804
- Cash +€23,053
up €23,053 (+64.9%), from €35,522 to €58,575
mainly Net result for the year (+€96,871) and Debts after one year (+€49,478)
- Current investments +€20,000
up €20,000 (+125%), from €16,000 to €36,000
Equity and liabilities
- Debts after one year +€49,478
up €49,478 (+19.3%), from €256,860 to €306,338
of which Financial debts: +€49,360
- Other debts -€32,310
down €32,310 (-86.1%), from €37,510 to €5,200
- Trade debts +€18,783
up €18,783 (+69.0%), from €27,238 to €46,022
- Current portion of long-term debt +€12,870
up €12,870 (+26.3%), from €48,897 to €61,767
- Reserves +€12,850
up €12,850 (+3.4%), from €378,360 to €391,210
of which Distributable reserves: +€12,850
Income statement
- Gross operating margin +€70,137
up €70,137 (+36.7%), from €190,888 to €261,026
- Taxes +€13,248
up €13,248 (+37.5%), from €35,288 to €48,536
- Depreciation +€3,429
up €3,429 (+15.9%), from €21,621 to €25,050
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.
Result 2024
€45,927
Gross operating margin
+€70,137
Staff costs
-€2,378
Depreciation
-€3,429
Other operating charges
-€1,405
Financial income
+€309
Financial charges
+€958
Taxes
-€13,248
Result 2025
€96,871
raises the resultlowers the result
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.
From operations
+€83,603
Investment
-€38,898
Financing
-€21,652
Cash 2024
€35,522
From operations (derived)
+€83,603
Net result for the year
+€96,871
Depreciation
+€25,050
Receivables within one year
-€23,138
Deferred charges and accrued income
-€4,956
Trade debts
+€18,783
Tax, wage and social debts
+€10,972
Other debts
-€32,310
Accrued charges and deferred income
-€7,669
Investment (derived)
-€38,898
Investment in fixed assets (net)
-€18,898
Current investments
-€20,000
Financing
-€21,652
Debts after one year
+€49,478
Current portion of long-term debt
+€12,870
Contributions, distributions and other
-€84,000
Cash 2025
€58,575
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €830,502 | €895,497 | +€64,995 | +7.8% |
| Fixed assets | 21/28 | €662,236 | €656,083 | -€6,152 | -0.9% |
| Tangible fixed assets | 22/27 | €203,136 | €196,983 | -€6,152 | -3.0% |
| Land and buildings | 22 | €202,333 | €185,896 | -€16,437 | -8.1% |
| Furniture and vehicles | 24 | €802 | €11,087 | +€10,285 | +1,282% |
| Financial fixed assets | 28 | €459,100 | €459,100 | = | 0.0% |
| Current assets | 29/58 | €168,267 | €239,414 | +€71,147 | +42.3% |
| Amounts receivable after more than one year | 29 | €73,137 | €73,137 | = | 0.0% |
| Other amounts receivable | 291 | €73,137 | €73,137 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,690 | €61,828 | +€23,138 | +59.8% |
| Trade receivables | 40 | €38,690 | €30,024 | -€8,666 | -22.4% |
| Other amounts receivable | 41 | €0 | €31,804 | +€31,804 | |
| Current investments | 50/53 | €16,000 | €36,000 | +€20,000 | +125% |
| Cash at bank and in hand | 54/58 | €35,522 | €58,575 | +€23,053 | +64.9% |
| Deferred charges and accrued income | 490/1 | €4,918 | €9,873 | +€4,956 | +101% |
| Total equity and liabilities | 10/49 | €830,502 | €895,497 | +€64,995 | +7.8% |
| Equity | 10/15 | €427,218 | €440,088 | +€12,871 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €378,360 | €391,210 | +€12,850 | +3.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €376,500 | €389,350 | +€12,850 | +3.4% |
| Profit (loss) carried forward | 14 | €42,658 | €42,678 | +€21 | 0.0% |
| Amounts payable | 17/49 | €403,285 | €455,409 | +€52,124 | +12.9% |
| Amounts payable after more than one year | 17 | €256,860 | €306,338 | +€49,478 | +19.3% |
| Financial debts | 170/4 | €245,998 | €295,358 | +€49,360 | +20.1% |
| Other amounts payable | 178/9 | €10,863 | €10,981 | +€118 | +1.1% |
| Amounts payable within one year | 42/48 | €138,755 | €149,071 | +€10,316 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €48,897 | €61,767 | +€12,870 | +26.3% |
| Trade debts | 44 | €27,238 | €46,022 | +€18,783 | +69.0% |
| Suppliers | 440/4 | €27,238 | €46,022 | +€18,783 | +69.0% |
| Taxes, remuneration and social security | 45 | €25,110 | €36,082 | +€10,972 | +43.7% |
| Taxes | 450/3 | €15,346 | €28,569 | +€13,223 | +86.2% |
| Remuneration and social security | 454/9 | €9,763 | €7,513 | -€2,250 | -23.0% |
| Other amounts payable | 47/48 | €37,510 | €5,200 | -€32,310 | -86.1% |
| Accrued charges and deferred income | 492/3 | €7,669 | €0 | -€7,669 | -100% |
| Remuneration, social security and pensions | 62 | €72,632 | €75,010 | +€2,378 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,621 | €25,050 | +€3,429 | +15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,982 | €5,387 | +€1,405 | +35.3% |
| Gross operating margin | 9900 | €190,888 | €261,026 | +€70,137 | +36.7% |
| Operating profit (loss) | 9901 | €92,653 | €155,579 | +€62,925 | +67.9% |
| Financial income | 75/76B | €387 | €696 | +€309 | +79.6% |
| Recurring financial income | 75 | €387 | €696 | +€309 | +79.6% |
| Financial charges | 65/66B | €11,826 | €10,868 | -€958 | -8.1% |
| Recurring financial charges | 65 | €11,826 | €10,868 | -€958 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €81,215 | €145,406 | +€64,192 | +79.0% |
| Income taxes | 67/77 | €35,288 | €48,536 | +€13,248 | +37.5% |
| Profit (loss) for the period | 9904 | €45,927 | €96,871 | +€50,943 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €45,927 | €96,871 | +€50,943 | +111% |
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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 3 November 2026 via checked.be.