R-TRIP: 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-TRIP
Largest movements
- Cash -€12,455
down €12,455 (-88.6%), from €14,061 to €1,606
mainly Net result for the year (-€22,843) and Investment in fixed assets (net) (-€14,591)
- Tangible fixed assets +€9,349
new in 2025: €9,349
of which Plant, machinery and equipment: +€8,753
- Financial fixed assets +€3,750
new in 2025: €3,750
- Receivables within one year +€2,962
up €2,962 (+11.6%), from €25,556 to €28,518
of which Other amounts receivable: +€2,390
- Other debts +€28,577
up €28,577 (+191%), from €15,000 to €43,577
- Profit (loss) carried forward -€22,843
down €22,843 (-675%), from -€3,385 to -€26,228
- Trade debts -€2,128
down €2,128 (-70.9%), from €3,002 to €874
- Gross operating margin -€18,983
down €18,983 (-854%), from -€2,223 to -€21,206
- Depreciation +€412
up €412 (+38.1%), from €1,080 to €1,492
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 | €39,617 | €43,223 | +€3,606 | +9.1% |
| Fixed assets | 21/28 | - | €13,099 | +€13,099 | |
| Tangible fixed assets | 22/27 | - | €9,349 | +€9,349 | |
| Plant, machinery and equipment | 23 | - | €8,753 | +€8,753 | |
| Furniture and vehicles | 24 | - | €596 | +€596 | |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €39,617 | €30,124 | -€9,493 | -24.0% |
| Amounts receivable within one year | 40/41 | €25,556 | €28,518 | +€2,962 | +11.6% |
| Trade receivables | 40 | - | €572 | +€572 | |
| Other amounts receivable | 41 | €25,556 | €27,946 | +€2,390 | +9.4% |
| Cash at bank and in hand | 54/58 | €14,061 | €1,606 | -€12,455 | -88.6% |
| Total equity and liabilities | 10/49 | €39,617 | €43,223 | +€3,606 | +9.1% |
| Equity | 10/15 | €21,615 | -€1,228 | -€22,843 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,385 | -€26,228 | -€22,843 | -675% |
| Amounts payable | 17/49 | €18,002 | €44,451 | +€26,449 | +147% |
| Amounts payable within one year | 42/48 | €18,002 | €44,451 | +€26,449 | +147% |
| Trade debts | 44 | €3,002 | €874 | -€2,128 | -70.9% |
| Suppliers | 440/4 | €3,002 | €874 | -€2,128 | -70.9% |
| Other amounts payable | 47/48 | €15,000 | €43,577 | +€28,577 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,080 | €1,492 | +€412 | +38.1% |
| Gross operating margin | 9900 | -€2,223 | -€21,206 | -€18,983 | -854% |
| Operating profit (loss) | 9901 | -€3,303 | -€22,698 | -€19,395 | -587% |
| Financial charges | 65/66B | €82 | €145 | +€63 | +76.8% |
| Recurring financial charges | 65 | €82 | €145 | +€63 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,385 | -€22,843 | -€19,458 | -575% |
| Profit (loss) for the period | 9904 | -€3,385 | -€22,843 | -€19,458 | -575% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,385 | -€22,843 | -€19,458 | -575% |
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 18 October 2026 via checked.be.