R.R. CLEVER: 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.R. CLEVER
Largest movements
- Cash -€13,347
down €13,347 (-80.1%), from €16,669 to €3,322
mainly Investment in fixed assets (net) (-€65,645) and Other debts (-€26,342)
- Tangible fixed assets +€12,430
up €12,430 (+1.5%), from €848,780 to €861,210
of which Land and buildings: +€13,209
- Other debts -€26,342
down €26,342 (-4.6%), from €566,932 to €540,590
- Trade debts +€16,707
up €16,707 (+2,270%), from €736 to €17,442
- Reserves +€11,586
up €11,586 (+4.7%), from €247,436 to €259,022
- Depreciation +€11,464
up €11,464 (+27.5%), from €41,751 to €53,216
- Gross operating margin +€7,736
up €7,736 (+8.5%), from €91,232 to €98,968
- Financial charges -€3,073
down €3,073 (-95.6%), from €3,216 to €143
- Staff costs +€1,654
up €1,654 (+7.6%), from €21,632 to €23,286
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 | €875,911 | €868,881 | -€7,030 | -0.8% |
| Fixed assets | 21/28 | €849,395 | €861,825 | +€12,430 | +1.5% |
| Tangible fixed assets | 22/27 | €848,780 | €861,210 | +€12,430 | +1.5% |
| Land and buildings | 22 | €845,765 | €858,973 | +€13,209 | +1.6% |
| Plant, machinery and equipment | 23 | €3,015 | €2,237 | -€779 | -25.8% |
| Financial fixed assets | 28 | €615 | €615 | = | 0.0% |
| Current assets | 29/58 | €26,516 | €7,057 | -€19,460 | -73.4% |
| Amounts receivable within one year | 40/41 | €1,922 | €370 | -€1,553 | -80.8% |
| Trade receivables | 40 | €1,922 | €370 | -€1,553 | -80.8% |
| Current investments | 50/53 | €7,502 | €3,005 | -€4,498 | -59.9% |
| Cash at bank and in hand | 54/58 | €16,669 | €3,322 | -€13,347 | -80.1% |
| Deferred charges and accrued income | 490/1 | €422 | €360 | -€62 | -14.6% |
| Total equity and liabilities | 10/49 | €875,911 | €868,881 | -€7,030 | -0.8% |
| Equity | 10/15 | €278,436 | €290,022 | +€11,586 | +4.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €247,436 | €259,022 | +€11,586 | +4.7% |
| Distributable reserves | 133 | €247,436 | €259,022 | +€11,586 | +4.7% |
| Amounts payable | 17/49 | €597,475 | €578,860 | -€18,615 | -3.1% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €583,659 | €565,697 | -€17,962 | -3.1% |
| Trade debts | 44 | €736 | €17,442 | +€16,707 | +2,270% |
| Suppliers | 440/4 | €736 | €17,442 | +€16,707 | +2,270% |
| Taxes, remuneration and social security | 45 | €15,991 | €7,664 | -€8,327 | -52.1% |
| Taxes | 450/3 | €14,355 | €5,923 | -€8,433 | -58.7% |
| Remuneration and social security | 454/9 | €1,636 | €1,742 | +€106 | +6.5% |
| Other amounts payable | 47/48 | €566,932 | €540,590 | -€26,342 | -4.6% |
| Accrued charges and deferred income | 492/3 | €3,816 | €3,162 | -€653 | -17.1% |
| Remuneration, social security and pensions | 62 | €21,632 | €23,286 | +€1,654 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,751 | €53,216 | +€11,464 | +27.5% |
| Other operating charges | 640/8 | €4,576 | €4,809 | +€234 | +5.1% |
| Gross operating margin | 9900 | €91,232 | €98,968 | +€7,736 | +8.5% |
| Operating profit (loss) | 9901 | €23,273 | €17,657 | -€5,616 | -24.1% |
| Financial income | 75/76B | €169 | €32 | -€137 | -81.1% |
| Recurring financial income | 75 | €169 | €32 | -€137 | -81.1% |
| Financial charges | 65/66B | €3,216 | €143 | -€3,073 | -95.6% |
| Recurring financial charges | 65 | €3,216 | €143 | -€3,073 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €20,227 | €17,546 | -€2,681 | -13.3% |
| Income taxes | 67/77 | €5,586 | €5,960 | +€374 | +6.7% |
| Profit (loss) for the period | 9904 | €14,640 | €11,586 | -€3,055 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,640 | €11,586 | -€3,055 | -20.9% |
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 30 October 2026 via checked.be.