R&R Projects: 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&R Projects
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€2,800
up €2,800 (+32.9%), from €8,500 to €11,300
- Profit (loss) carried forward -€2,555
down €2,555 (-13.1%), from -€19,437 to -€21,992
- Gross operating margin +€260
up €260 (+11.8%), from -€2,191 to -€1,932
- Other operating charges +€33
up €33 (+6.1%), from €537 to €570
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 | €240,151 | €240,397 | +€247 | +0.1% |
| Fixed assets | 21/28 | €240,000 | €240,000 | = | 0.0% |
| Financial fixed assets | 28 | €240,000 | €240,000 | = | 0.0% |
| Current assets | 29/58 | €151 | €397 | +€247 | +163.6% |
| Cash at bank and in hand | 54/58 | €151 | €397 | +€247 | +163.6% |
| Total equity and liabilities | 10/49 | €240,151 | €240,397 | +€247 | +0.1% |
| Equity | 10/15 | €230,563 | €228,008 | -€2,555 | -1.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,437 | -€21,992 | -€2,555 | -13.1% |
| Amounts payable | 17/49 | €9,588 | €12,389 | +€2,802 | +29.2% |
| Amounts payable within one year | 42/48 | €8,500 | €11,300 | +€2,800 | +32.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,500 | €11,300 | +€2,800 | +32.9% |
| Accrued charges and deferred income | 492/3 | €1,088 | €1,089 | +€2 | +0.2% |
| Other operating charges | 640/8 | €537 | €570 | +€33 | +6.1% |
| Gross operating margin | 9900 | -€2,191 | -€1,932 | +€260 | +11.8% |
| Operating profit (loss) | 9901 | -€2,728 | -€2,501 | +€227 | +8.3% |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,781 | -€2,555 | +€226 | +8.1% |
| Profit (loss) for the period | 9904 | -€2,781 | -€2,555 | +€226 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,781 | -€2,555 | +€226 | +8.1% |
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.