R. to. R.: what changed
R. to. R.
Largest movements
- Tangible fixed assets -€4,030
down €4,030 (-31.9%), from €12,615 to €8,585
of which Furniture and vehicles: -€3,473
- Receivables within one year +€2,894
up €2,894 (+107%), from €2,714 to €5,608
of which Other amounts receivable: +€3,740
- Stocks and contracts -€2,153
down €2,153 (-34.5%), from €6,235 to €4,082
- Cash +€1,912
up €1,912 (+119%), from €1,607 to €3,519
mainly Depreciation (+€5,979) and Net result for the year (+€5,327)
- Deferred charges and accrued income +€299
up €299 (+52.1%), from €574 to €873
- Profit (loss) carried forward +€5,327
up €5,327 (+40.5%), from -€13,146 to -€7,819
- Tax, wage and social debts -€4,517
down €4,517 (-62.1%), from €7,271 to €2,754
- Trade debts -€3,260
down €3,260 (-16.0%), from €20,428 to €17,168
- Other debts +€1,372
up €1,372 (+89.8%), from €1,528 to €2,900
- Gross operating margin +€15,319
up €15,319, from -€7,905 to €7,414
- Taxes -€6,491
down €6,491, from €852 to -€5,639
- Depreciation -€2,734
down €2,734 (-31.4%), from €8,713 to €5,979
- Financial charges -€775
down €775 (-62.3%), from €1,243 to €468
- Other operating charges +€421
up €421 (+46.0%), from €916 to €1,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,137 | €23,059 | -€1,078 | -4.5% |
| Fixed assets | 21/28 | €13,007 | €8,977 | -€4,030 | -31.0% |
| Tangible fixed assets | 22/27 | €12,615 | €8,585 | -€4,030 | -31.9% |
| Plant, machinery and equipment | 23 | €5,180 | €2,725 | -€2,455 | -47.4% |
| Furniture and vehicles | 24 | €6,835 | €3,362 | -€3,473 | -50.8% |
| Other tangible fixed assets | 26 | €600 | €2,498 | +€1,898 | +316% |
| Financial fixed assets | 28 | €392 | €392 | = | 0.0% |
| Current assets | 29/58 | €11,130 | €14,082 | +€2,952 | +26.5% |
| Stocks and contracts in progress | 3 | €6,235 | €4,082 | -€2,153 | -34.5% |
| Stocks | 30/36 | €6,235 | €4,082 | -€2,153 | -34.5% |
| Amounts receivable within one year | 40/41 | €2,714 | €5,608 | +€2,894 | +107% |
| Trade receivables | 40 | €2,714 | €1,868 | -€846 | -31.2% |
| Other amounts receivable | 41 | - | €3,740 | +€3,740 | |
| Cash at bank and in hand | 54/58 | €1,607 | €3,519 | +€1,912 | +119% |
| Deferred charges and accrued income | 490/1 | €574 | €873 | +€299 | +52.1% |
| Total equity and liabilities | 10/49 | €24,137 | €23,059 | -€1,078 | -4.5% |
| Equity | 10/15 | -€5,090 | €237 | +€5,327 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,146 | -€7,819 | +€5,327 | +40.5% |
| Amounts payable | 17/49 | €29,227 | €22,822 | -€6,405 | -21.9% |
| Amounts payable within one year | 42/48 | €29,227 | €22,822 | -€6,405 | -21.9% |
| Trade debts | 44 | €20,428 | €17,168 | -€3,260 | -16.0% |
| Suppliers | 440/4 | €20,428 | €17,168 | -€3,260 | -16.0% |
| Taxes, remuneration and social security | 45 | €7,271 | €2,754 | -€4,517 | -62.1% |
| Taxes | 450/3 | €7,271 | €2,754 | -€4,517 | -62.1% |
| Other amounts payable | 47/48 | €1,528 | €2,900 | +€1,372 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,713 | €5,979 | -€2,734 | -31.4% |
| Other operating charges | 640/8 | €916 | €1,337 | +€421 | +46.0% |
| Gross operating margin | 9900 | -€7,905 | €7,414 | +€15,319 | |
| Operating profit (loss) | 9901 | -€17,534 | €98 | +€17,632 | |
| Financial income | 75/76B | €2 | €58 | +€56 | +2,800% |
| Recurring financial income | 75 | €2 | €58 | +€56 | +2,800% |
| Financial charges | 65/66B | €1,243 | €468 | -€775 | -62.3% |
| Recurring financial charges | 65 | €1,243 | €468 | -€775 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,775 | -€312 | +€18,463 | +98.3% |
| Income taxes | 67/77 | €852 | -€5,639 | -€6,491 | |
| Profit (loss) for the period | 9904 | -€19,627 | €5,327 | +€24,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,627 | €5,327 | +€24,954 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.