R-KAN TECHNIC EXPRESS: 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-KAN TECHNIC EXPRESS
Largest movements
- Tangible fixed assets +€456,649
up €456,649 (+49,824%), from €917 to €457,566
of which Other tangible fixed assets: +€456,835
- Receivables within one year +€42,569
up €42,569 (+208%), from €20,444 to €63,014
of which Trade receivables: +€53,645
- Intangible fixed assets +€27,756
new in 2025: €27,756
- Cash -€16,597
down €16,597 (-43.8%), from €37,909 to €21,312
mainly Investment in fixed assets (net) (-€529,050) and Receivables within one year (-€42,569)
- Financial fixed assets +€16,250
new in 2025: €16,250
- Debts after one year +€349,817
new in 2025: €349,817
- Current portion of long-term debt +€80,183
new in 2025: €80,183
- Short-term financial debts +€35,960
new in 2025: €35,960
- Trade debts +€27,691
up €27,691 (+7,000%), from €396 to €28,087
- Profit (loss) carried forward +€24,907
up €24,907 (+51.9%), from €47,956 to €72,863
- Gross operating margin +€107,982
up €107,982 (+1,187%), from €9,096 to €117,078
- Staff costs +€36,767
up €36,767 (+1,607%), from €2,288 to €39,055
- Depreciation +€28,209
up €28,209 (+15,172%), from €186 to €28,395
- Financial charges +€18,933
up €18,933 (+6,513%), from €291 to €19,224
- Other operating charges +€4,071
up €4,071 (+317%), from €1,284 to €5,355
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 | €60,870 | €592,296 | +€531,425 | +873% |
| Fixed assets | 21/28 | €917 | €501,572 | +€500,655 | +54,625% |
| Intangible fixed assets | 21 | - | €27,756 | +€27,756 | |
| Tangible fixed assets | 22/27 | €917 | €457,566 | +€456,649 | +49,824% |
| Furniture and vehicles | 24 | €917 | €731 | -€186 | -20.3% |
| Other tangible fixed assets | 26 | - | €456,835 | +€456,835 | |
| Financial fixed assets | 28 | - | €16,250 | +€16,250 | |
| Current assets | 29/58 | €59,954 | €90,724 | +€30,770 | +51.3% |
| Stocks and contracts in progress | 3 | - | €4,923 | +€4,923 | |
| Stocks | 30/36 | - | €4,923 | +€4,923 | |
| Amounts receivable within one year | 40/41 | €20,444 | €63,014 | +€42,569 | +208% |
| Trade receivables | 40 | €9,369 | €63,014 | +€53,645 | +573% |
| Other amounts receivable | 41 | €11,075 | - | -€11,075 | |
| Cash at bank and in hand | 54/58 | €37,909 | €21,312 | -€16,597 | -43.8% |
| Deferred charges and accrued income | 490/1 | €1,601 | €1,475 | -€126 | -7.8% |
| Total equity and liabilities | 10/49 | €60,870 | €592,296 | +€531,425 | +873% |
| Equity | 10/15 | €50,928 | €75,835 | +€24,907 | +48.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €2,972 | €2,972 | = | 0.0% |
| Distributable reserves | 133 | €2,972 | €2,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,956 | €72,863 | +€24,907 | +51.9% |
| Amounts payable | 17/49 | €9,942 | €516,460 | +€506,518 | +5,095% |
| Amounts payable after more than one year | 17 | - | €349,817 | +€349,817 | |
| Financial debts | 170/4 | - | €349,817 | +€349,817 | |
| Amounts payable within one year | 42/48 | €9,942 | €158,978 | +€149,036 | +1,499% |
| Current portion of amounts payable after more than one year | 42 | - | €80,183 | +€80,183 | |
| Financial debts | 43 | - | €35,960 | +€35,960 | |
| Other loans | 439 | - | €35,960 | +€35,960 | |
| Trade debts | 44 | €396 | €28,087 | +€27,691 | +7,000% |
| Suppliers | 440/4 | €396 | €28,087 | +€27,691 | +7,000% |
| Taxes, remuneration and social security | 45 | €9,547 | €13,272 | +€3,725 | +39.0% |
| Taxes | 450/3 | €9,547 | €4,799 | -€4,748 | -49.7% |
| Remuneration and social security | 454/9 | - | €8,473 | +€8,473 | |
| Other amounts payable | 47/48 | - | €1,476 | +€1,476 | |
| Accrued charges and deferred income | 492/3 | - | €7,666 | +€7,666 | |
| Remuneration, social security and pensions | 62 | €2,288 | €39,055 | +€36,767 | +1,607% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186 | €28,395 | +€28,209 | +15,172% |
| Other operating charges | 640/8 | €1,284 | €5,355 | +€4,071 | +317% |
| Gross operating margin | 9900 | €9,096 | €117,078 | +€107,982 | +1,187% |
| Operating profit (loss) | 9901 | €5,338 | €44,274 | +€38,935 | +729% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €291 | €19,224 | +€18,933 | +6,513% |
| Recurring financial charges | 65 | €291 | €19,224 | +€18,933 | +6,513% |
| Profit (loss) for the period before taxes | 9903 | €5,048 | €25,050 | +€20,003 | +396% |
| Income taxes | 67/77 | €2,202 | €143 | -€2,058 | -93.5% |
| Profit (loss) for the period | 9904 | €2,846 | €24,907 | +€22,061 | +775% |
| Profit (loss) for the period to be appropriated | 9905 | €2,846 | €24,907 | +€22,061 | +775% |
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 18 October 2026 via checked.be.