R-techniek: 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-techniek
Largest movements
- Receivables within one year -€86,433
down €86,433 (-80.7%), from €107,076 to €20,644
of which Other amounts receivable: -€79,600
- Cash +€33,017
up €33,017 (+781.0%), from €4,228 to €37,245
mainly Receivables within one year (+€86,433) and Depreciation (+€18,816)
- Tangible fixed assets -€18,316
down €18,316 (-5.2%), from €352,503 to €334,187
of which Land and buildings: -€15,776
- Short-term financial debts -€72,765
no longer reported in 2025 (was €72,765)
- Debts after one year -€15,080
down €15,080 (-5.8%), from €259,695 to €244,616
- Reserves +€11,590
up €11,590 (+11.5%), from €100,833 to €112,422
- Depreciation +€13,051
up €13,051 (+226.4%), from €5,764 to €18,816
- Gross operating margin +€11,752
up €11,752 (+33.0%), from €35,612 to €47,364
- Financial charges +€7,603
up €7,603 (+233.5%), from €3,256 to €10,859
- Taxes +€2,135
up €2,135 (+86.5%), from €2,470 to €4,605
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 | €466,322 | €394,116 | -€72,205 | -15.5% |
| Fixed assets | 21/28 | €353,253 | €334,437 | -€18,816 | -5.3% |
| Intangible fixed assets | 21 | €750 | €250 | -€500 | -66.7% |
| Tangible fixed assets | 22/27 | €352,503 | €334,187 | -€18,316 | -5.2% |
| Land and buildings | 22 | €347,531 | €331,755 | -€15,776 | -4.5% |
| Plant, machinery and equipment | 23 | €3,472 | €1,932 | -€1,540 | -44.4% |
| Furniture and vehicles | 24 | €1,500 | €500 | -€1,000 | -66.7% |
| Current assets | 29/58 | €113,069 | €59,679 | -€53,390 | -47.2% |
| Amounts receivable within one year | 40/41 | €107,076 | €20,644 | -€86,433 | -80.7% |
| Trade receivables | 40 | €24,082 | €17,249 | -€6,833 | -28.4% |
| Other amounts receivable | 41 | €82,994 | €3,395 | -€79,600 | -95.9% |
| Cash at bank and in hand | 54/58 | €4,228 | €37,245 | +€33,017 | +781.0% |
| Deferred charges and accrued income | 490/1 | €1,765 | €1,791 | +€26 | +1.5% |
| Total equity and liabilities | 10/49 | €466,322 | €394,116 | -€72,205 | -15.5% |
| Equity | 10/15 | €102,833 | €114,422 | +€11,590 | +11.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €100,833 | €112,422 | +€11,590 | +11.5% |
| Distributable reserves | 133 | €100,833 | €112,422 | +€11,590 | +11.5% |
| Amounts payable | 17/49 | €363,489 | €279,694 | -€83,795 | -23.1% |
| Amounts payable after more than one year | 17 | €259,695 | €244,616 | -€15,080 | -5.8% |
| Financial debts | 170/4 | €259,695 | €244,616 | -€15,080 | -5.8% |
| Amounts payable within one year | 42/48 | €102,476 | €34,553 | -€67,923 | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €14,608 | €15,080 | +€471 | +3.2% |
| Financial debts | 43 | €72,765 | - | -€72,765 | |
| Credit institutions | 430/8 | €72,765 | - | -€72,765 | |
| Trade debts | 44 | €2,459 | €4,874 | +€2,414 | +98.2% |
| Suppliers | 440/4 | €2,459 | €4,874 | +€2,414 | +98.2% |
| Taxes, remuneration and social security | 45 | €2,310 | €4,901 | +€2,591 | +112.1% |
| Taxes | 450/3 | €2,310 | €4,901 | +€2,591 | +112.1% |
| Other amounts payable | 47/48 | €10,333 | €9,699 | -€634 | -6.1% |
| Accrued charges and deferred income | 492/3 | €1,318 | €525 | -€793 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,764 | €18,816 | +€13,051 | +226.4% |
| Other operating charges | 640/8 | €807 | €694 | -€112 | -13.9% |
| Gross operating margin | 9900 | €35,612 | €47,364 | +€11,752 | +33.0% |
| Operating profit (loss) | 9901 | €29,041 | €27,854 | -€1,187 | -4.1% |
| Financial charges | 65/66B | €3,256 | €10,859 | +€7,603 | +233.5% |
| Recurring financial charges | 65 | €3,256 | €10,859 | +€7,603 | +233.5% |
| Profit (loss) for the period before taxes | 9903 | €25,785 | €16,995 | -€8,790 | -34.1% |
| Income taxes | 67/77 | €2,470 | €4,605 | +€2,135 | +86.5% |
| Profit (loss) for the period | 9904 | €23,315 | €12,390 | -€10,926 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,315 | €12,390 | -€10,926 | -46.9% |
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 12 October 2026 via checked.be.