R.J. BUILDING: 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.J. BUILDING
Largest movements
- Tangible fixed assets -€8,146
down €8,146 (-10.7%), from €76,424 to €68,278
- Cash +€6,581
up €6,581 (+28.2%), from €23,357 to €29,939
mainly Net result for the year (+€23,112) and Depreciation (+€8,146)
- Receivables within one year +€4,075
up €4,075 (+2.0%), from €207,003 to €211,078
of which Other amounts receivable: +€7,278
- Reserves +€23,112
up €23,112 (+11.2%), from €206,785 to €229,897
of which Distributable reserves: +€23,112
- Other debts -€15,024
down €15,024 (-65.8%), from €22,821 to €7,797
- Debts after one year -€5,459
down €5,459 (-62.8%), from €8,691 to €3,233
- Taxes +€4,897
up €4,897 (+174%), from €2,807 to €7,704
- Gross operating margin +€4,567
up €4,567 (+9.7%), from €47,101 to €51,668
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 | €309,693 | €309,295 | -€398 | -0.1% |
| Fixed assets | 21/28 | €76,424 | €68,278 | -€8,146 | -10.7% |
| Tangible fixed assets | 22/27 | €76,424 | €68,278 | -€8,146 | -10.7% |
| Land and buildings | 22 | €76,424 | €68,278 | -€8,146 | -10.7% |
| Current assets | 29/58 | €233,270 | €241,017 | +€7,748 | +3.3% |
| Amounts receivable within one year | 40/41 | €207,003 | €211,078 | +€4,075 | +2.0% |
| Trade receivables | 40 | €3,203 | - | -€3,203 | |
| Other amounts receivable | 41 | €203,800 | €211,078 | +€7,278 | +3.6% |
| Current investments | 50/53 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €23,357 | €29,939 | +€6,581 | +28.2% |
| Deferred charges and accrued income | 490/1 | €2,908 | - | -€2,908 | |
| Total equity and liabilities | 10/49 | €309,693 | €309,295 | -€398 | -0.1% |
| Equity | 10/15 | €268,785 | €291,897 | +€23,112 | +8.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €206,785 | €229,897 | +€23,112 | +11.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €200,585 | €223,697 | +€23,112 | +11.5% |
| Amounts payable | 17/49 | €40,909 | €17,398 | -€23,510 | -57.5% |
| Amounts payable after more than one year | 17 | €8,691 | €3,233 | -€5,459 | -62.8% |
| Financial debts | 170/4 | €8,691 | €3,233 | -€5,459 | -62.8% |
| Amounts payable within one year | 42/48 | €30,372 | €14,166 | -€16,207 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €5,331 | €5,459 | +€128 | +2.4% |
| Trade debts | 44 | €2,220 | €910 | -€1,310 | -59.0% |
| Suppliers | 440/4 | €2,220 | €910 | -€1,310 | -59.0% |
| Other amounts payable | 47/48 | €22,821 | €7,797 | -€15,024 | -65.8% |
| Accrued charges and deferred income | 492/3 | €1,845 | - | -€1,845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,146 | €8,146 | = | 0.0% |
| Other operating charges | 640/8 | €11,342 | €11,467 | +€125 | +1.1% |
| Gross operating margin | 9900 | €47,101 | €51,668 | +€4,567 | +9.7% |
| Operating profit (loss) | 9901 | €27,612 | €32,054 | +€4,442 | +16.1% |
| Financial charges | 65/66B | €1,385 | €1,238 | -€147 | -10.6% |
| Recurring financial charges | 65 | €1,385 | €1,238 | -€147 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €26,228 | €30,816 | +€4,588 | +17.5% |
| Income taxes | 67/77 | €2,807 | €7,704 | +€4,897 | +174% |
| Profit (loss) for the period | 9904 | €23,421 | €23,112 | -€309 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,421 | €23,112 | -€309 | -1.3% |
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 19 October 2026 via checked.be.