R.W.I. SYSTEMS: 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.W.I. SYSTEMS
Largest movements
- Cash -€23,066
down €23,066 (-62.3%), from €37,012 to €13,946
mainly Contributions, distributions and other (-€19,100) and Debts after one year (-€6,495)
- Receivables within one year -€3,290
down €3,290 (-28.7%), from €11,468 to €8,178
of which Trade receivables: -€3,487
- Tangible fixed assets -€2,683
down €2,683 (-18.7%), from €14,385 to €11,701
- Contributions -€19,100
down €19,100 (-99.5%), from €19,200 to €100
- Debts after one year -€6,495
down €6,495 (-27.9%), from €23,306 to €16,811
- Tax, wage and social debts -€3,309
down €3,309 (-42.2%), from €7,836 to €4,527
- Trade debts -€2,892
down €2,892 (-68.2%), from €4,241 to €1,349
- Reserves +€1,281
up €1,281 (+12.5%), from €10,271 to €11,553
- Staff costs -€37,290
no longer reported in 2025 (was €37,290)
- Gross operating margin -€30,837
down €30,837 (-77.3%), from €39,908 to €9,071
- Financial income -€818
down €818 (-53.5%), from €1,528 to €710
- Depreciation +€444
up €444 (+19.8%), from €2,240 to €2,683
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 | €63,643 | €34,340 | -€29,303 | -46.0% |
| Fixed assets | 21/28 | €14,895 | €12,211 | -€2,683 | -18.0% |
| Tangible fixed assets | 22/27 | €14,385 | €11,701 | -€2,683 | -18.7% |
| Plant, machinery and equipment | 23 | €810 | €338 | -€472 | -58.3% |
| Furniture and vehicles | 24 | €4,590 | €3,554 | -€1,036 | -22.6% |
| Other tangible fixed assets | 26 | €8,984 | €7,809 | -€1,176 | -13.1% |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €48,748 | €22,129 | -€26,619 | -54.6% |
| Amounts receivable within one year | 40/41 | €11,468 | €8,178 | -€3,290 | -28.7% |
| Trade receivables | 40 | €3,948 | €461 | -€3,487 | -88.3% |
| Other amounts receivable | 41 | €7,520 | €7,717 | +€196 | +2.6% |
| Cash at bank and in hand | 54/58 | €37,012 | €13,946 | -€23,066 | -62.3% |
| Deferred charges and accrued income | 490/1 | €268 | €5 | -€263 | -98.3% |
| Total equity and liabilities | 10/49 | €63,643 | €34,340 | -€29,303 | -46.0% |
| Equity | 10/15 | €28,260 | €11,653 | -€16,607 | -58.8% |
| Contributions | 10/11 | €19,200 | €100 | -€19,100 | -99.5% |
| Reserves | 13 | €10,271 | €11,553 | +€1,281 | +12.5% |
| Distributable reserves | 133 | €10,271 | €11,553 | +€1,281 | +12.5% |
| Profit (loss) carried forward | 14 | -€1,212 | - | +€1,212 | |
| Amounts payable | 17/49 | €35,383 | €22,687 | -€12,696 | -35.9% |
| Amounts payable after more than one year | 17 | €23,306 | €16,811 | -€6,495 | -27.9% |
| Financial debts | 170/4 | €23,306 | €16,811 | -€6,495 | -27.9% |
| Amounts payable within one year | 42/48 | €12,077 | €5,876 | -€6,201 | -51.3% |
| Trade debts | 44 | €4,241 | €1,349 | -€2,892 | -68.2% |
| Suppliers | 440/4 | €4,241 | €1,349 | -€2,892 | -68.2% |
| Taxes, remuneration and social security | 45 | €7,836 | €4,527 | -€3,309 | -42.2% |
| Taxes | 450/3 | €7,836 | €4,527 | -€3,309 | -42.2% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Remuneration, social security and pensions | 62 | €37,290 | - | -€37,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,240 | €2,683 | +€444 | +19.8% |
| Other operating charges | 640/8 | €1,539 | €1,318 | -€221 | -14.3% |
| Gross operating margin | 9900 | €39,908 | €9,071 | -€30,837 | -77.3% |
| Operating profit (loss) | 9901 | -€1,161 | €5,069 | +€6,230 | |
| Financial income | 75/76B | €1,528 | €710 | -€818 | -53.5% |
| Recurring financial income | 75 | €1,528 | €710 | -€818 | -53.5% |
| Financial charges | 65/66B | €580 | €545 | -€35 | -6.0% |
| Recurring financial charges | 65 | €580 | €545 | -€35 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€213 | €5,234 | +€5,447 | |
| Income taxes | 67/77 | €2,920 | €2,741 | -€179 | -6.1% |
| Profit (loss) for the period | 9904 | -€3,133 | €2,493 | +€5,626 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,133 | €2,493 | +€5,626 |
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 27 October 2026 via checked.be.