R'NOT: what changed
Two fiscal 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'NOT
Largest movements
- Receivables within one year +€27,054
up €27,054 (+80.9%), from €33,435 to €60,489
of which Trade receivables: +€29,870
- Tangible fixed assets -€4,543
down €4,543 (-15.5%), from €29,346 to €24,804
of which Furniture and vehicles: -€2,743
- Deferred charges and accrued income +€1,246
up €1,246 (+250.6%), from €497 to €1,744
- Cash -€1,027
down €1,027 (-13.8%), from €7,455 to €6,428
mainly Receivables within one year (-€27,054) and Tax, wage and social debts (-€6,506)
- Other debts +€34,381
up €34,381 (+59.7%), from €57,564 to €91,945
- Tax, wage and social debts -€6,506
down €6,506 (-52.9%), from €12,293 to €5,787
of which Remuneration and social security: -€5,894
- Accrued charges and deferred income -€3,750
no longer reported in 2025 (was €3,750)
- Trade debts -€3,253
down €3,253 (-99.6%), from €3,265 to €12
- Profit (loss) carried forward +€1,863
up €1,863 (+17.0%), from -€10,928 to -€9,065
- Gross operating margin +€25,023
up €25,023, from -€6,877 to €18,146
- Staff costs +€7,627
new in 2025: €7,627
- Depreciation +€3,973
up €3,973 (+149.8%), from €2,652 to €6,625
- Taxes +€1,011
up €1,011 (+1287.3%), from €79 to €1,090
- Other operating charges -€971
down €971 (-91.9%), from €1,056 to €85
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.
Cash bridge derived
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 | €70,945 | €93,679 | +€22,734 | +32.0% |
| Fixed assets | 21/28 | €29,558 | €25,018 | -€4,540 | -15.4% |
| Tangible fixed assets | 22/27 | €29,346 | €24,804 | -€4,543 | -15.5% |
| Plant, machinery and equipment | 23 | €7,328 | €5,528 | -€1,800 | -24.6% |
| Furniture and vehicles | 24 | €22,018 | €19,275 | -€2,743 | -12.5% |
| Financial fixed assets | 28 | €212 | €215 | +€3 | +1.5% |
| Current assets | 29/58 | €41,387 | €68,661 | +€27,274 | +65.9% |
| Amounts receivable within one year | 40/41 | €33,435 | €60,489 | +€27,054 | +80.9% |
| Trade receivables | 40 | €30,586 | €60,456 | +€29,870 | +97.7% |
| Other amounts receivable | 41 | €2,849 | €33 | -€2,816 | -98.9% |
| Cash at bank and in hand | 54/58 | €7,455 | €6,428 | -€1,027 | -13.8% |
| Deferred charges and accrued income | 490/1 | €497 | €1,744 | +€1,246 | +250.6% |
| Total equity and liabilities | 10/49 | €70,945 | €93,679 | +€22,734 | +32.0% |
| Equity | 10/15 | -€5,928 | -€4,065 | +€1,863 | +31.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,928 | -€9,065 | +€1,863 | +17.0% |
| Amounts payable | 17/49 | €76,873 | €97,744 | +€20,872 | +27.2% |
| Amounts payable within one year | 42/48 | €73,123 | €97,744 | +€24,622 | +33.7% |
| Trade debts | 44 | €3,265 | €12 | -€3,253 | -99.6% |
| Suppliers | 440/4 | €3,265 | €12 | -€3,253 | -99.6% |
| Taxes, remuneration and social security | 45 | €12,293 | €5,787 | -€6,506 | -52.9% |
| Taxes | 450/3 | €5,443 | €4,831 | -€612 | -11.3% |
| Remuneration and social security | 454/9 | €6,850 | €956 | -€5,894 | -86.0% |
| Other amounts payable | 47/48 | €57,564 | €91,945 | +€34,381 | +59.7% |
| Accrued charges and deferred income | 492/3 | €3,750 | - | -€3,750 | |
| Remuneration, social security and pensions | 62 | - | €7,627 | +€7,627 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,652 | €6,625 | +€3,973 | +149.8% |
| Other operating charges | 640/8 | €1,056 | €85 | -€971 | -91.9% |
| Gross operating margin | 9900 | -€6,877 | €18,146 | +€25,023 | |
| Operating profit (loss) | 9901 | -€10,585 | €3,809 | +€14,393 | |
| Financial income | 75/76B | €10 | €165 | +€155 | +1570.0% |
| Recurring financial income | 75 | €10 | €165 | +€155 | +1570.0% |
| Financial charges | 65/66B | €274 | €1,021 | +€747 | +272.3% |
| Recurring financial charges | 65 | €274 | €1,021 | +€747 | +272.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,849 | €2,952 | +€13,801 | |
| Income taxes | 67/77 | €79 | €1,090 | +€1,011 | +1287.3% |
| Profit (loss) for the period | 9904 | -€10,928 | €1,863 | +€12,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,928 | €1,863 | +€12,790 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.