R.M.S.: 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.S.
Largest movements
- Stocks and contracts -€9,485
down €9,485 (-16.6%), from €57,269 to €47,783
- Receivables within one year +€6,495
up €6,495 (+78.4%), from €8,289 to €14,784
of which Trade receivables: +€6,277
- Tangible fixed assets -€6,026
down €6,026 (-30.7%), from €19,618 to €13,592
of which Furniture and vehicles: -€4,990
- Financial fixed assets +€3,600
new in 2025: €3,600
- Deferred charges and accrued income -€1,660
down €1,660 (-59.3%), from €2,800 to €1,140
- Other debts +€54,122
up €54,122 (+1,094%), from €4,946 to €59,069
- Trade debts -€37,845
down €37,845 (-94.6%), from €40,012 to €2,167
- Profit (loss) carried forward -€21,718
down €21,718, from €21,561 to -€158
- Debts after one year -€4,803
down €4,803 (-85.4%), from €5,627 to €824
- Advances received +€2,966
up €2,966 (+103%), from €2,870 to €5,836
- Gross operating margin -€32,139
down €32,139 (-57.3%), from €56,066 to €23,927
- Staff costs -€7,396
down €7,396 (-36.6%), from €20,211 to €12,815
- Other operating charges -€1,282
down €1,282 (-4.9%), from €26,268 to €24,986
- Taxes -€571
down €571 (-36.4%), from €1,571 to €1,000
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 | €106,007 | €97,440 | -€8,566 | -8.1% |
| Fixed assets | 21/28 | €19,618 | €17,192 | -€2,426 | -12.4% |
| Tangible fixed assets | 22/27 | €19,618 | €13,592 | -€6,026 | -30.7% |
| Land and buildings | 22 | €1,109 | €791 | -€318 | -28.7% |
| Plant, machinery and equipment | 23 | €1,751 | €1,032 | -€719 | -41.1% |
| Furniture and vehicles | 24 | €16,758 | €11,769 | -€4,990 | -29.8% |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €86,388 | €80,248 | -€6,140 | -7.1% |
| Stocks and contracts in progress | 3 | €57,269 | €47,783 | -€9,485 | -16.6% |
| Stocks | 30/36 | €57,269 | €47,783 | -€9,485 | -16.6% |
| Amounts receivable within one year | 40/41 | €8,289 | €14,784 | +€6,495 | +78.4% |
| Trade receivables | 40 | €8,252 | €14,530 | +€6,277 | +76.1% |
| Other amounts receivable | 41 | €37 | €254 | +€218 | +595% |
| Cash at bank and in hand | 54/58 | €18,031 | €16,541 | -€1,490 | -8.3% |
| Deferred charges and accrued income | 490/1 | €2,800 | €1,140 | -€1,660 | -59.3% |
| Total equity and liabilities | 10/49 | €106,007 | €97,440 | -€8,566 | -8.1% |
| Equity | 10/15 | €40,161 | €18,442 | -€21,718 | -54.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,561 | -€158 | -€21,718 | |
| Amounts payable | 17/49 | €65,846 | €78,998 | +€13,152 | +20.0% |
| Amounts payable after more than one year | 17 | €5,627 | €824 | -€4,803 | -85.4% |
| Financial debts | 170/4 | €5,627 | €824 | -€4,803 | -85.4% |
| Amounts payable within one year | 42/48 | €60,218 | €78,174 | +€17,955 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €4,568 | €4,803 | +€235 | +5.1% |
| Trade debts | 44 | €40,012 | €2,167 | -€37,845 | -94.6% |
| Suppliers | 440/4 | €40,012 | €2,167 | -€37,845 | -94.6% |
| Advances received on contracts in progress | 46 | €2,870 | €5,836 | +€2,966 | +103% |
| Taxes, remuneration and social security | 45 | €7,821 | €6,299 | -€1,522 | -19.5% |
| Taxes | 450/3 | €3,081 | €1,902 | -€1,180 | -38.3% |
| Remuneration and social security | 454/9 | €4,739 | €4,397 | -€343 | -7.2% |
| Other amounts payable | 47/48 | €4,946 | €59,069 | +€54,122 | +1,094% |
| Remuneration, social security and pensions | 62 | €20,211 | €12,815 | -€7,396 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,499 | €6,745 | +€245 | +3.8% |
| Other operating charges | 640/8 | €26,268 | €24,986 | -€1,282 | -4.9% |
| Gross operating margin | 9900 | €56,066 | €23,927 | -€32,139 | -57.3% |
| Operating profit (loss) | 9901 | €3,087 | -€20,618 | -€23,706 | |
| Financial income | 75/76B | €66 | €588 | +€522 | +792% |
| Recurring financial income | 75 | €66 | €588 | +€522 | +792% |
| Financial charges | 65/66B | €782 | €688 | -€94 | -12.0% |
| Recurring financial charges | 65 | €782 | €688 | -€94 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €2,372 | -€20,718 | -€23,090 | |
| Income taxes | 67/77 | €1,571 | €1,000 | -€571 | -36.4% |
| Profit (loss) for the period | 9904 | €800 | -€21,718 | -€22,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €800 | -€21,718 | -€22,519 |
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 25 October 2026 via checked.be.