R&J Concept: 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 Concept
Largest movements
- Receivables within one year +€45,350
up €45,350 (+901%), from €5,031 to €50,381
of which Trade receivables: +€47,021
- Cash +€7,113
up €7,113 (+13,973%), from €51 to €7,164
mainly Net result for the year (+€26,338) and Trade debts (+€19,484)
- Tangible fixed assets +€3,733
new in 2025: €3,733
- Profit (loss) carried forward +€26,338
up €26,338, from -€1,047 to €25,291
- Trade debts +€19,484
new in 2025: €19,484
- Tax, wage and social debts +€10,375
up €10,375 (+169%), from €6,129 to €16,504
- Turnover +€207,353
up €207,353 (+634%), from €32,691 to €240,044
- Purchases and services +€159,962
up €159,962 (+477%), from €33,550 to €193,512
- Gross operating margin +€47,391
up €47,391, from -€859 to €46,532
- Taxes +€11,473
new in 2025: €11,473
- Other operating charges +€3,153
up €3,153 (+2,102%), from €150 to €3,303
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 | €5,082 | €61,278 | +€56,196 | +1,106% |
| Fixed assets | 21/28 | - | €3,733 | +€3,733 | |
| Tangible fixed assets | 22/27 | - | €3,733 | +€3,733 | |
| Furniture and vehicles | 24 | - | €3,733 | +€3,733 | |
| Current assets | 29/58 | €5,082 | €57,545 | +€52,463 | +1,032% |
| Amounts receivable within one year | 40/41 | €5,031 | €50,381 | +€45,350 | +901% |
| Trade receivables | 40 | - | €47,021 | +€47,021 | |
| Other amounts receivable | 41 | €5,031 | €3,359 | -€1,672 | -33.2% |
| Cash at bank and in hand | 54/58 | €51 | €7,164 | +€7,113 | +13,973% |
| Total equity and liabilities | 10/49 | €5,082 | €61,278 | +€56,196 | +1,106% |
| Equity | 10/15 | -€1,047 | €25,291 | +€26,338 | |
| Profit (loss) carried forward | 14 | -€1,047 | €25,291 | +€26,338 | |
| Amounts payable | 17/49 | €6,129 | €35,988 | +€29,859 | +487% |
| Amounts payable within one year | 42/48 | €6,129 | €35,988 | +€29,859 | +487% |
| Trade debts | 44 | - | €19,484 | +€19,484 | |
| Suppliers | 440/4 | - | €19,484 | +€19,484 | |
| Taxes, remuneration and social security | 45 | €6,129 | €16,504 | +€10,375 | +169% |
| Taxes | 450/3 | €6,129 | €16,504 | +€10,375 | +169% |
| Turnover | 70 | €32,691 | €240,044 | +€207,353 | +634% |
| Goods, raw materials, services and sundry goods | 60/61 | €33,550 | €193,512 | +€159,962 | +477% |
| Remuneration, social security and pensions | 62 | €38 | €2,750 | +€2,712 | +7,120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,867 | +€1,867 | |
| Other operating charges | 640/8 | €150 | €3,303 | +€3,153 | +2,102% |
| Gross operating margin | 9900 | -€859 | €46,532 | +€47,391 | |
| Operating profit (loss) | 9901 | -€1,047 | €38,613 | +€39,660 | |
| Financial charges | 65/66B | €0 | €802 | +€802 | +8,018,200% |
| Recurring financial charges | 65 | €0 | €802 | +€802 | +8,018,200% |
| Profit (loss) for the period before taxes | 9903 | -€1,047 | €37,811 | +€38,858 | |
| Income taxes | 67/77 | - | €11,473 | +€11,473 | |
| Profit (loss) for the period | 9904 | -€1,047 | €26,338 | +€27,385 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,047 | €26,338 | +€27,385 |
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.