R.T.I.: 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.I.
Largest movements
- Cash +€33,202
up €33,202 (+20.3%), from €163,881 to €197,084
mainly Depreciation (+€32,908) and Advances received (+€22,208)
- Tangible fixed assets -€17,886
down €17,886 (-15.7%), from €114,254 to €96,368
of which Furniture and vehicles: -€19,350
- Receivables within one year +€4,458
up €4,458 (+9.1%), from €48,970 to €53,427
of which Trade receivables: +€14,240
- Advances received +€22,208
new in 2025: €22,208
- Trade debts -€8,374
down €8,374 (-60.5%), from €13,846 to €5,472
- Financial income -€7,016
down €7,016 (-87.0%), from €8,063 to €1,047
of which Non-recurring financial income: -€7,141
- Gross operating margin +€6,953
up €6,953 (+20.8%), from €33,366 to €40,319
- Taxes +€556
up €556 (+30.3%), from €1,833 to €2,389
- Depreciation -€509
down €509 (-1.5%), from €33,417 to €32,908
- Other operating charges -€451
down €451 (-18.1%), from €2,497 to €2,046
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 | €399,838 | €419,612 | +€19,774 | +4.9% |
| Fixed assets | 21/28 | €114,305 | €96,419 | -€17,886 | -15.6% |
| Tangible fixed assets | 22/27 | €114,254 | €96,368 | -€17,886 | -15.7% |
| Land and buildings | 22 | €44,399 | €47,557 | +€3,159 | +7.1% |
| Plant, machinery and equipment | 23 | €6,200 | €4,505 | -€1,695 | -27.3% |
| Furniture and vehicles | 24 | €63,656 | €44,306 | -€19,350 | -30.4% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €285,533 | €323,193 | +€37,660 | +13.2% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,970 | €53,427 | +€4,458 | +9.1% |
| Trade receivables | 40 | €26,683 | €40,923 | +€14,240 | +53.4% |
| Other amounts receivable | 41 | €22,287 | €12,505 | -€9,782 | -43.9% |
| Current investments | 50/53 | €62,682 | €62,682 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €163,881 | €197,084 | +€33,202 | +20.3% |
| Total equity and liabilities | 10/49 | €399,838 | €419,612 | +€19,774 | +4.9% |
| Equity | 10/15 | €383,250 | €387,114 | +€3,864 | +1.0% |
| Contributions | 10/11 | €37,185 | €37,185 | = | 0.0% |
| Reserves | 13 | €77,338 | €77,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,719 | €3,719 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,719 | €3,719 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,619 | €73,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | €268,727 | €272,591 | +€3,864 | +1.4% |
| Amounts payable | 17/49 | €16,588 | €32,498 | +€15,910 | +95.9% |
| Amounts payable within one year | 42/48 | €16,588 | €32,498 | +€15,910 | +95.9% |
| Trade debts | 44 | €13,846 | €5,472 | -€8,374 | -60.5% |
| Suppliers | 440/4 | €13,846 | €5,472 | -€8,374 | -60.5% |
| Advances received on contracts in progress | 46 | - | €22,208 | +€22,208 | |
| Taxes, remuneration and social security | 45 | €2,742 | €4,817 | +€2,075 | +75.7% |
| Taxes | 450/3 | €2,742 | €4,817 | +€2,075 | +75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,417 | €32,908 | -€509 | -1.5% |
| Other operating charges | 640/8 | €2,497 | €2,046 | -€451 | -18.1% |
| Gross operating margin | 9900 | €33,366 | €40,319 | +€6,953 | +20.8% |
| Operating profit (loss) | 9901 | -€2,548 | €5,365 | +€7,913 | |
| Financial income | 75/76B | €8,063 | €1,047 | -€7,016 | -87.0% |
| Recurring financial income | 75 | €922 | €1,047 | +€125 | +13.6% |
| Non-recurring financial income | 76B | €7,141 | - | -€7,141 | |
| Financial charges | 65/66B | €108 | €159 | +€51 | +47.2% |
| Recurring financial charges | 65 | €108 | €159 | +€51 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €5,407 | €6,253 | +€846 | +15.6% |
| Income taxes | 67/77 | €1,833 | €2,389 | +€556 | +30.3% |
| Profit (loss) for the period | 9904 | €3,574 | €3,864 | +€290 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,574 | €3,864 | +€290 | +8.1% |
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 24 October 2026 via checked.be.