R.N.P.: 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.N.P.
Largest movements
- Receivables within one year +€73,992
up €73,992 (+23.0%), from €321,523 to €395,515
of which Other amounts receivable: +€61,170
- Tangible fixed assets +€29,808
up €29,808 (+9,372%), from €318 to €30,126
of which Furniture and vehicles: +€17,878
- Cash +€22,110
up €22,110 (+53.7%), from €41,152 to €63,261
mainly Trade debts (+€92,386) and Other debts (+€33,985)
- Trade debts +€92,386
up €92,386 (+55.0%), from €167,984 to €260,371
of which Bills of exchange payable: +€260,371
- Profit (loss) carried forward -€34,000
down €34,000 (-35.3%), from €96,216 to €62,216
- Other debts +€33,985
new in 2025: €33,985
- Reserves +€15,481
new in 2025: €15,481
- Debts after one year +€14,863
new in 2025: €14,863
- Gross operating margin +€20,533
up €20,533 (+112%), from €18,358 to €38,891
- Taxes +€3,461
up €3,461 (+84.6%), from €4,091 to €7,553
- Depreciation +€1,428
up €1,428 (+191%), from €748 to €2,177
- Financial income -€1,353
no longer reported in 2025 (was €1,353)
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 | €368,392 | €494,301 | +€125,910 | +34.2% |
| Fixed assets | 21/28 | €318 | €30,126 | +€29,808 | +9,372% |
| Tangible fixed assets | 22/27 | €318 | €30,126 | +€29,808 | +9,372% |
| Plant, machinery and equipment | 23 | - | €11,930 | +€11,930 | |
| Furniture and vehicles | 24 | €318 | €18,196 | +€17,878 | +5,621% |
| Current assets | 29/58 | €368,074 | €464,175 | +€96,102 | +26.1% |
| Stocks and contracts in progress | 3 | €5,080 | €5,080 | = | 0.0% |
| Stocks | 30/36 | €5,080 | €5,080 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €321,523 | €395,515 | +€73,992 | +23.0% |
| Trade receivables | 40 | €314,828 | €327,650 | +€12,821 | +4.1% |
| Other amounts receivable | 41 | €6,695 | €67,866 | +€61,170 | +914% |
| Cash at bank and in hand | 54/58 | €41,152 | €63,261 | +€22,110 | +53.7% |
| Deferred charges and accrued income | 490/1 | €319 | €319 | = | 0.0% |
| Total equity and liabilities | 10/49 | €368,392 | €494,301 | +€125,910 | +34.2% |
| Equity | 10/15 | €96,316 | €77,797 | -€18,519 | -19.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €15,481 | +€15,481 | |
| Distributable reserves | 133 | - | €15,481 | +€15,481 | |
| Profit (loss) carried forward | 14 | €96,216 | €62,216 | -€34,000 | -35.3% |
| Amounts payable | 17/49 | €272,076 | €416,505 | +€144,429 | +53.1% |
| Amounts payable after more than one year | 17 | - | €14,863 | +€14,863 | |
| Financial debts | 170/4 | - | €14,863 | +€14,863 | |
| Amounts payable within one year | 42/48 | €272,076 | €401,642 | +€129,566 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €103,638 | +€3,638 | +3.6% |
| Trade debts | 44 | €167,984 | €260,371 | +€92,386 | +55.0% |
| Suppliers | 440/4 | €167,984 | - | -€167,984 | |
| Bills of exchange payable | 441 | - | €260,371 | +€260,371 | |
| Taxes, remuneration and social security | 45 | €4,091 | €3,648 | -€443 | -10.8% |
| Taxes | 450/3 | €4,091 | €3,648 | -€443 | -10.8% |
| Other amounts payable | 47/48 | - | €33,985 | +€33,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €748 | €2,177 | +€1,428 | +191% |
| Other operating charges | 640/8 | €1,497 | €1,784 | +€287 | +19.2% |
| Gross operating margin | 9900 | €18,358 | €38,891 | +€20,533 | +112% |
| Operating profit (loss) | 9901 | €16,113 | €34,930 | +€18,817 | +117% |
| Financial income | 75/76B | €1,353 | - | -€1,353 | |
| Recurring financial income | 75 | €1,353 | - | -€1,353 | |
| Financial charges | 65/66B | €5,843 | €5,897 | +€53 | +0.9% |
| Recurring financial charges | 65 | €5,843 | €5,897 | +€53 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €11,623 | €29,034 | +€17,411 | +150% |
| Income taxes | 67/77 | €4,091 | €7,553 | +€3,461 | +84.6% |
| Profit (loss) for the period | 9904 | €7,531 | €21,481 | +€13,950 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €7,531 | €21,481 | +€13,950 | +185% |
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 28 October 2026 via checked.be.