R&T CONSTRUCT: 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&T CONSTRUCT
Largest movements
- Receivables within one year +€9,651
up €9,651 (+35.3%), from €27,345 to €36,995
of which Other amounts receivable: +€18,151
- Cash -€897
down €897 (-51.4%), from €1,745 to €849
mainly Contributions, distributions and other (-€15,000) and Trade debts (-€13,079)
- Tangible fixed assets +€403
up €403 (+60.3%), from €668 to €1,070
of which Furniture and vehicles: +€253
- Profit (loss) carried forward +€15,824
up €15,824 (+51.2%), from -€30,888 to -€15,064
- Trade debts -€13,079
down €13,079 (-84.3%), from €15,512 to €2,433
- Tax, wage and social debts +€3,424
new in 2025: €3,424
- Other debts +€3,000
up €3,000 (+25.0%), from €12,000 to €15,000
- Gross operating margin +€4,946
up €4,946 (+16.5%), from €30,022 to €34,968
- Taxes +€3,501
up €3,501, from -€77 to €3,424
- Other operating charges -€1,419
down €1,419 (-90.8%), from €1,564 to €144
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 | €29,758 | €38,914 | +€9,156 | +30.8% |
| Fixed assets | 21/28 | €668 | €1,070 | +€403 | +60.3% |
| Tangible fixed assets | 22/27 | €668 | €1,070 | +€403 | +60.3% |
| Plant, machinery and equipment | 23 | €627 | €777 | +€150 | +23.9% |
| Furniture and vehicles | 24 | €40 | €293 | +€253 | +626% |
| Current assets | 29/58 | €29,090 | €37,844 | +€8,754 | +30.1% |
| Amounts receivable within one year | 40/41 | €27,345 | €36,995 | +€9,651 | +35.3% |
| Trade receivables | 40 | €13,125 | €4,624 | -€8,501 | -64.8% |
| Other amounts receivable | 41 | €14,220 | €32,371 | +€18,151 | +128% |
| Cash at bank and in hand | 54/58 | €1,745 | €849 | -€897 | -51.4% |
| Total equity and liabilities | 10/49 | €29,758 | €38,914 | +€9,156 | +30.8% |
| Equity | 10/15 | €2,233 | €18,057 | +€15,824 | +708% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,921 | €26,921 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,061 | €25,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,888 | -€15,064 | +€15,824 | +51.2% |
| Amounts payable | 17/49 | €27,524 | €20,857 | -€6,667 | -24.2% |
| Amounts payable within one year | 42/48 | €27,512 | €20,857 | -€6,655 | -24.2% |
| Trade debts | 44 | €15,512 | €2,433 | -€13,079 | -84.3% |
| Suppliers | 440/4 | €15,512 | €2,433 | -€13,079 | -84.3% |
| Taxes, remuneration and social security | 45 | - | €3,424 | +€3,424 | |
| Taxes | 450/3 | - | €3,424 | +€3,424 | |
| Other amounts payable | 47/48 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €464 | -€281 | -37.7% |
| Other operating charges | 640/8 | €1,564 | €144 | -€1,419 | -90.8% |
| Gross operating margin | 9900 | €30,022 | €34,968 | +€4,946 | +16.5% |
| Operating profit (loss) | 9901 | €27,714 | €34,360 | +€6,646 | +24.0% |
| Financial income | 75/76B | €0 | €4 | +€4 | +40,700% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +40,700% |
| Financial charges | 65/66B | €457 | €116 | -€341 | -74.5% |
| Recurring financial charges | 65 | €457 | €116 | -€341 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €27,256 | €34,247 | +€6,991 | +25.6% |
| Income taxes | 67/77 | -€77 | €3,424 | +€3,501 | |
| Profit (loss) for the period | 9904 | €27,333 | €30,824 | +€3,490 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,333 | €30,824 | +€3,490 | +12.8% |
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 1 November 2026 via checked.be.