R.M. & Co: 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.M. & Co
Largest movements
- Receivables within one year -€118,594
down €118,594 (-71.1%), from €166,693 to €48,099
of which Other amounts receivable: -€96,436
- Cash +€62,509
up €62,509 (+78.2%), from €79,963 to €142,471
mainly Net result for the year (+€135,482) and Receivables within one year (+€118,594)
- Stocks and contracts -€50,628
down €50,628 (-16.6%), from €305,411 to €254,783
- Tangible fixed assets +€45,764
up €45,764 (+51.6%), from €88,695 to €134,458
of which Other tangible fixed assets: +€60,237
- Trade debts -€84,029
down €84,029 (-23.7%), from €354,068 to €270,039
- Other debts +€44,048
new in 2025: €44,048
- Reserves -€39,518
down €39,518 (-7.0%), from €561,680 to €522,162
of which Distributable reserves: -€39,518
- Debts after one year +€16,383
up €16,383 (+74.3%), from €22,052 to €38,435
- Current portion of long-term debt +€14,320
up €14,320 (+47.6%), from €30,101 to €44,421
- Gross operating margin +€145,090
up €145,090 (+33.5%), from €432,748 to €577,839
- Write-downs +€63,695
new in 2025: €63,695
- Taxes +€15,787
up €15,787 (+50.4%), from €31,323 to €47,109
- Other operating charges +€8,756
up €8,756 (+95.1%), from €9,209 to €17,966
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 | €1,071,382 | €1,011,668 | -€59,715 | -5.6% |
| Fixed assets | 21/28 | €506,820 | €556,801 | +€49,982 | +9.9% |
| Intangible fixed assets | 21 | €413,554 | €417,773 | +€4,218 | +1.0% |
| Tangible fixed assets | 22/27 | €88,695 | €134,458 | +€45,764 | +51.6% |
| Plant, machinery and equipment | 23 | €5,444 | €5,446 | +€2 | 0.0% |
| Furniture and vehicles | 24 | €36,861 | €22,386 | -€14,475 | -39.3% |
| Other tangible fixed assets | 26 | €46,389 | €106,626 | +€60,237 | +130% |
| Financial fixed assets | 28 | €4,571 | €4,571 | = | 0.0% |
| Current assets | 29/58 | €564,563 | €454,866 | -€109,697 | -19.4% |
| Stocks and contracts in progress | 3 | €305,411 | €254,783 | -€50,628 | -16.6% |
| Stocks | 30/36 | €305,411 | €254,783 | -€50,628 | -16.6% |
| Amounts receivable within one year | 40/41 | €166,693 | €48,099 | -€118,594 | -71.1% |
| Trade receivables | 40 | €39,312 | €17,154 | -€22,157 | -56.4% |
| Other amounts receivable | 41 | €127,381 | €30,944 | -€96,436 | -75.7% |
| Cash at bank and in hand | 54/58 | €79,963 | €142,471 | +€62,509 | +78.2% |
| Deferred charges and accrued income | 490/1 | €12,496 | €9,513 | -€2,983 | -23.9% |
| Total equity and liabilities | 10/49 | €1,071,382 | €1,011,668 | -€59,715 | -5.6% |
| Equity | 10/15 | €623,680 | €584,162 | -€39,518 | -6.3% |
| 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 | €561,680 | €522,162 | -€39,518 | -7.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €555,480 | €515,962 | -€39,518 | -7.1% |
| Amounts payable | 17/49 | €447,702 | €427,506 | -€20,196 | -4.5% |
| Amounts payable after more than one year | 17 | €22,052 | €38,435 | +€16,383 | +74.3% |
| Financial debts | 170/4 | €22,052 | €38,435 | +€16,383 | +74.3% |
| Amounts payable within one year | 42/48 | €425,608 | €389,071 | -€36,537 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €30,101 | €44,421 | +€14,320 | +47.6% |
| Trade debts | 44 | €354,068 | €270,039 | -€84,029 | -23.7% |
| Suppliers | 440/4 | €354,068 | €270,039 | -€84,029 | -23.7% |
| Advances received on contracts in progress | 46 | €835 | - | -€835 | |
| Taxes, remuneration and social security | 45 | €40,604 | €30,563 | -€10,041 | -24.7% |
| Taxes | 450/3 | €9,732 | €2,109 | -€7,623 | -78.3% |
| Remuneration and social security | 454/9 | €30,871 | €28,453 | -€2,418 | -7.8% |
| Other amounts payable | 47/48 | - | €44,048 | +€44,048 | |
| Accrued charges and deferred income | 492/3 | €42 | - | -€42 | |
| Remuneration, social security and pensions | 62 | €263,968 | €265,468 | +€1,500 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,420 | €30,520 | -€3,900 | -11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €63,695 | +€63,695 | |
| Other operating charges | 640/8 | €9,209 | €17,966 | +€8,756 | +95.1% |
| Gross operating margin | 9900 | €432,748 | €577,839 | +€145,090 | +33.5% |
| Operating profit (loss) | 9901 | €125,151 | €200,190 | +€75,039 | +60.0% |
| Financial income | 75/76B | €1,270 | €1,387 | +€117 | +9.2% |
| Recurring financial income | 75 | €1,270 | €1,387 | +€117 | +9.2% |
| Financial charges | 65/66B | €17,618 | €18,985 | +€1,368 | +7.8% |
| Recurring financial charges | 65 | €17,618 | €18,985 | +€1,368 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €108,804 | €182,591 | +€73,788 | +67.8% |
| Income taxes | 67/77 | €31,323 | €47,109 | +€15,787 | +50.4% |
| Profit (loss) for the period | 9904 | €77,481 | €135,482 | +€58,001 | +74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,481 | €135,482 | +€58,001 | +74.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.