R-PACK TRADING: 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.
What changed
R-PACK TRADING
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€252,673
2024 · €1.3m-€1.0m
Equity
€4.4m
2024 · €4.1m+€252,673
Cash
€5,492
2024 · €6,492-€1,000
Balance sheet total
€6.3m
2024 · €5.2m+€1.1m
Largest movements
Assets
- Current investments +€3.0m
new in 2025: €3.0m
- Receivables within one year -€2.0m
down €2.0m (-67.0%), from €2.9m to €967,092
of which Other amounts receivable: -€2.0m
Equity and liabilities
- Other debts +€944,774
up €944,774 (+314%), from €300,527 to €1.2m
- Reserves +€252,673
up €252,673 (+6.2%), from €4.1m to €4.3m
of which Non-distributable reserves: +€3.0m
- Debts after one year -€100,000
down €100,000 (-15.0%), from €665,000 to €565,000
of which Other amounts payable: -€100,000
Income statement
- Financial income -€1.1m
down €1.1m (-93.9%), from €1.1m to €69,253
- Services and other goods +€35,027
up €35,027 (+29.8%), from €117,481 to €152,508
- Turnover +€20,082
up €20,082 (+4.1%), from €491,958 to €512,040
- Financial charges -€14,879
down €14,879 (-41.1%), from €36,242 to €21,363
- Taxes -€12,798
down €12,798 (-13.2%), from €96,943 to €84,145
of which Taxes: -€12,846
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.
Result 2024
€1.3m
Turnover
+€20,082
Other operating income
+€1,419
Services and other goods
-€35,027
Staff costs
-€1,373
Depreciation
+€11,263
Other operating charges
-€598
Financial income
-€1.1m
Financial charges
+€14,879
Taxes
+€12,798
Result 2025
€252,673
raises the resultlowers the result
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.
From operations
+€3.1m
Investment
-€3.0m
Financing
-€102,362
Cash 2024
€6,492
From operations (derived)
+€3.1m
Net result for the year
+€252,673
Depreciation
+€212
Receivables within one year
+€2.0m
Deferred charges and accrued income
-€10,850
Trade debts
+€14,269
Tax, wage and social debts
-€8,498
Other debts
+€944,774
Accrued charges and deferred income
-€12,440
Investment (derived)
-€3.0m
Investment in fixed assets (net)
-€1,251
Current investments
-€3.0m
Financing
-€102,362
Debts after one year
-€100,000
Current portion of long-term debt
-€2,362
Cash 2025
€5,492
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,177,518 | €6,265,933 | +€1.1m | +21.0% |
| Fixed assets | 21/28 | €2,240,211 | €2,241,250 | +€1,039 | 0.0% |
| Tangible fixed assets | 22/27 | €507 | €1,546 | +€1,039 | +205% |
| Furniture and vehicles | 24 | €507 | €1,546 | +€1,039 | +205% |
| Financial fixed assets | 28 | €2,239,704 | €2,239,704 | = | 0.0% |
| Affiliated companies | 280/1 | €2,239,704 | €2,239,704 | = | 0.0% |
| Participating interests | 280 | €2,239,704 | €2,239,704 | = | 0.0% |
| Current assets | 29/58 | €2,937,307 | €4,024,683 | +€1.1m | +37.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,929,565 | €967,092 | -€2.0m | -67.0% |
| Trade receivables | 40 | €2,820 | €2,944 | +€124 | +4.4% |
| Other amounts receivable | 41 | €2,926,745 | €964,148 | -€2.0m | -67.1% |
| Current investments | 50/53 | - | €3,040,000 | +€3.0m | |
| Own shares | 50 | - | €3,040,000 | +€3.0m | |
| Cash at bank and in hand | 54/58 | €6,492 | €5,492 | -€1,000 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,249 | €12,099 | +€10,850 | +869% |
| Total equity and liabilities | 10/49 | €5,177,518 | €6,265,933 | +€1.1m | +21.0% |
| Equity | 10/15 | €4,128,053 | €4,380,726 | +€252,673 | +6.1% |
| 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 | €4,066,053 | €4,318,726 | +€252,673 | +6.2% |
| Non-distributable reserves | 130/1 | €6,200 | €3,046,200 | +€3.0m | +49,032% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Own shares acquired | 1312 | - | €3,040,000 | +€3.0m | |
| Tax-exempt reserves | 132 | €526,250 | €463,100 | -€63,150 | -12.0% |
| Distributable reserves | 133 | €3,533,603 | €809,426 | -€2.7m | -77.1% |
| Amounts payable | 17/49 | €1,049,465 | €1,885,207 | +€835,742 | +79.6% |
| Amounts payable after more than one year | 17 | €665,000 | €565,000 | -€100,000 | -15.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Other amounts payable | 178/9 | €665,000 | €565,000 | -€100,000 | -15.0% |
| Amounts payable within one year | 42/48 | €350,401 | €1,298,584 | +€948,182 | +271% |
| Current portion of amounts payable after more than one year | 42 | €2,362 | €0 | -€2,362 | -100% |
| Trade debts | 44 | €2,005 | €16,273 | +€14,269 | +712% |
| Suppliers | 440/4 | €2,005 | €16,273 | +€14,269 | +712% |
| Taxes, remuneration and social security | 45 | €45,508 | €37,010 | -€8,498 | -18.7% |
| Taxes | 450/3 | €32,230 | €24,481 | -€7,749 | -24.0% |
| Remuneration and social security | 454/9 | €13,278 | €12,528 | -€750 | -5.6% |
| Other amounts payable | 47/48 | €300,527 | €1,245,301 | +€944,774 | +314% |
| Accrued charges and deferred income | 492/3 | €34,063 | €21,623 | -€12,440 | -36.5% |
| Operating income | 70/76A | €502,948 | €524,448 | +€21,501 | +4.3% |
| Turnover | 70 | €491,958 | €512,040 | +€20,082 | +4.1% |
| Other operating income | 74 | €10,990 | €12,408 | +€1,419 | +12.9% |
| Operating charges | 60/66A | €209,787 | €235,521 | +€25,734 | +12.3% |
| Services and other goods | 61 | €117,481 | €152,508 | +€35,027 | +29.8% |
| Remuneration, social security and pensions | 62 | €79,164 | €80,537 | +€1,373 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,475 | €212 | -€11,263 | -98.2% |
| Other operating charges | 640/8 | €1,667 | €2,265 | +€598 | +35.8% |
| Operating profit (loss) | 9901 | €293,160 | €288,927 | -€4,233 | -1.4% |
| Financial income | 75/76B | €1,128,105 | €69,253 | -€1.1m | -93.9% |
| Recurring financial income | 75 | €1,128,105 | €69,253 | -€1.1m | -93.9% |
| Income from financial fixed assets | 750 | €1,000,000 | €0 | -€1.0m | -100% |
| Income from current assets | 751 | €128,105 | €69,253 | -€58,851 | -45.9% |
| Financial charges | 65/66B | €36,242 | €21,363 | -€14,879 | -41.1% |
| Recurring financial charges | 65 | €36,242 | €21,363 | -€14,879 | -41.1% |
| Debt charges | 650 | €36,034 | €21,173 | -€14,861 | -41.2% |
| Other financial charges | 652/9 | €208 | €190 | -€18 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €1,385,023 | €336,818 | -€1.0m | -75.7% |
| Income taxes | 67/77 | €96,943 | €84,145 | -€12,798 | -13.2% |
| Taxes | 670/3 | €97,006 | €84,161 | -€12,846 | -13.2% |
| Tax adjustments and reversals of tax provisions | 77 | €63 | €16 | -€48 | -75.0% |
| Profit (loss) for the period | 9904 | €1,288,080 | €252,673 | -€1.0m | -80.4% |
| Transfer from tax-exempt reserves | 789 | €126,300 | €252,600 | +€126,300 | +100% |
| Transfer to tax-exempt reserves | 689 | €189,450 | €189,450 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,224,930 | €315,823 | -€909,107 | -74.2% |
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 29 October 2026 via checked.be.