R.M.R.: 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.R.
Largest movements
- Tangible fixed assets -€38,247
down €38,247 (-7.7%), from €499,328 to €461,081
of which Land and buildings: -€32,891
- Receivables within one year +€16,910
up €16,910 (+634%), from €2,668 to €19,578
of which Trade receivables: +€17,300
- Cash +€7,264
up €7,264 (+169%), from €4,309 to €11,573
mainly Depreciation (+€42,914) and Advances received (+€16,218)
- Debts after one year -€22,881
down €22,881 (-6.3%), from €365,180 to €342,299
- Advances received +€16,218
up €16,218 (+432%), from €3,758 to €19,976
- Other debts -€14,691
down €14,691 (-26.4%), from €55,660 to €40,969
- Gross operating margin +€18,334
up €18,334 (+41.1%), from €44,581 to €62,915
- Other operating charges +€7,911
up €7,911 (+837%), from €945 to €8,856
- Depreciation -€6,142
down €6,142 (-12.5%), from €49,057 to €42,914
- Purchases and services -€1,535
down €1,535 (-6.8%), from €22,611 to €21,076
- Financial charges -€664
down €664 (-5.5%), from €12,026 to €11,362
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 | €506,644 | €492,276 | -€14,368 | -2.8% |
| Fixed assets | 21/28 | €499,328 | €461,081 | -€38,247 | -7.7% |
| Tangible fixed assets | 22/27 | €499,328 | €461,081 | -€38,247 | -7.7% |
| Land and buildings | 22 | €466,887 | €433,995 | -€32,891 | -7.0% |
| Plant, machinery and equipment | 23 | €12,382 | €12,660 | +€278 | +2.2% |
| Furniture and vehicles | 24 | €20,059 | €14,426 | -€5,634 | -28.1% |
| Current assets | 29/58 | €7,316 | €31,195 | +€23,879 | +326% |
| Amounts receivable within one year | 40/41 | €2,668 | €19,578 | +€16,910 | +634% |
| Trade receivables | 40 | €2,229 | €19,528 | +€17,300 | +776% |
| Other amounts receivable | 41 | €439 | €50 | -€390 | -88.7% |
| Cash at bank and in hand | 54/58 | €4,309 | €11,573 | +€7,264 | +169% |
| Deferred charges and accrued income | 490/1 | €339 | €44 | -€295 | -87.0% |
| Total equity and liabilities | 10/49 | €506,644 | €492,276 | -€14,368 | -2.8% |
| Equity | 10/15 | -€14,564 | -€14,731 | -€167 | -1.1% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,564 | -€166,731 | -€167 | -0.1% |
| Amounts payable | 17/49 | €521,208 | €507,007 | -€14,201 | -2.7% |
| Amounts payable after more than one year | 17 | €365,180 | €342,299 | -€22,881 | -6.3% |
| Financial debts | 170/4 | €365,180 | €342,299 | -€22,881 | -6.3% |
| Amounts payable within one year | 42/48 | €83,446 | €87,326 | +€3,880 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €22,109 | €22,881 | +€772 | +3.5% |
| Trade debts | 44 | €1,918 | €3,500 | +€1,581 | +82.4% |
| Suppliers | 440/4 | €1,918 | €3,500 | +€1,581 | +82.4% |
| Advances received on contracts in progress | 46 | €3,758 | €19,976 | +€16,218 | +432% |
| Other amounts payable | 47/48 | €55,660 | €40,969 | -€14,691 | -26.4% |
| Accrued charges and deferred income | 492/3 | €72,582 | €77,382 | +€4,800 | +6.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,611 | €21,076 | -€1,535 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,057 | €42,914 | -€6,142 | -12.5% |
| Other operating charges | 640/8 | €945 | €8,856 | +€7,911 | +837% |
| Gross operating margin | 9900 | €44,581 | €62,915 | +€18,334 | +41.1% |
| Operating profit (loss) | 9901 | -€5,420 | €11,145 | +€16,565 | |
| Financial income | 75/76B | €77 | €50 | -€27 | -34.9% |
| Recurring financial income | 75 | €77 | €50 | -€27 | -34.9% |
| Financial charges | 65/66B | €12,026 | €11,362 | -€664 | -5.5% |
| Recurring financial charges | 65 | €12,026 | €11,362 | -€664 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,369 | -€167 | +€17,202 | +99.0% |
| Profit (loss) for the period | 9904 | -€17,369 | -€167 | +€17,202 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,369 | -€167 | +€17,202 | +99.0% |
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.