R&Y: 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&Y
Largest movements
- Receivables within one year -€48,191
down €48,191 (-73.0%), from €66,059 to €17,868
of which Other amounts receivable: -€48,021
- Financial fixed assets +€30,000
up €30,000 (+43.7%), from €68,586 to €98,586
- Cash +€20,748
up €20,748 (+1,043%), from €1,989 to €22,737
mainly Receivables within one year (+€48,191) and Net result for the year (+€8,985)
- Provisions -€12,500
down €12,500 (-50.0%), from €25,000 to €12,500
- Reserves +€8,985
up €8,985 (+15.6%), from €57,648 to €66,633
of which Distributable reserves: +€8,985
- Other debts +€7,000
up €7,000 (+15.2%), from €46,000 to €53,000
- Tax, wage and social debts -€1,616
down €1,616 (-100%), from €1,616 to €0
- Provisions -€12,500
new in 2025: -€12,500
- Financial income +€6,879
new in 2025: €6,879
- Gross operating margin -€6,600
down €6,600, from €1,579 to -€5,021
- Financial charges +€4,202
up €4,202 (+6,366%), from €66 to €4,268
- Other operating charges +€85
up €85 (+8.4%), from €1,020 to €1,106
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 | €136,634 | €139,191 | +€2,557 | +1.9% |
| Fixed assets | 21/28 | €68,586 | €98,586 | +€30,000 | +43.7% |
| Financial fixed assets | 28 | €68,586 | €98,586 | +€30,000 | +43.7% |
| Current assets | 29/58 | €68,048 | €40,605 | -€27,443 | -40.3% |
| Amounts receivable within one year | 40/41 | €66,059 | €17,868 | -€48,191 | -73.0% |
| Trade receivables | 40 | €16,900 | €16,730 | -€170 | -1.0% |
| Other amounts receivable | 41 | €49,159 | €1,138 | -€48,021 | -97.7% |
| Cash at bank and in hand | 54/58 | €1,989 | €22,737 | +€20,748 | +1,043% |
| Total equity and liabilities | 10/49 | €136,634 | €139,191 | +€2,557 | +1.9% |
| Equity | 10/15 | €63,848 | €72,833 | +€8,985 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,648 | €66,633 | +€8,985 | +15.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €57,648 | €66,633 | +€8,985 | +15.6% |
| Provisions and deferred taxes | 16 | €25,000 | €12,500 | -€12,500 | -50.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €12,500 | -€12,500 | -50.0% |
| Other liabilities and charges | 164/5 | €25,000 | €12,500 | -€12,500 | -50.0% |
| Amounts payable | 17/49 | €47,786 | €53,858 | +€6,072 | +12.7% |
| Amounts payable within one year | 42/48 | €47,786 | €53,858 | +€6,072 | +12.7% |
| Trade debts | 44 | €170 | €858 | +€688 | +405% |
| Suppliers | 440/4 | €170 | €858 | +€688 | +405% |
| Taxes, remuneration and social security | 45 | €1,616 | €0 | -€1,616 | -100% |
| Taxes | 450/3 | €1,616 | €0 | -€1,616 | -100% |
| Other amounts payable | 47/48 | €46,000 | €53,000 | +€7,000 | +15.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€12,500 | -€12,500 | |
| Other operating charges | 640/8 | €1,020 | €1,106 | +€85 | +8.4% |
| Gross operating margin | 9900 | €1,579 | -€5,021 | -€6,600 | |
| Operating profit (loss) | 9901 | €559 | €6,374 | +€5,815 | +1,040% |
| Financial income | 75/76B | - | €6,879 | +€6,879 | |
| Recurring financial income | 75 | - | €6,879 | +€6,879 | |
| Financial charges | 65/66B | €66 | €4,268 | +€4,202 | +6,366% |
| Recurring financial charges | 65 | €66 | €4,268 | +€4,202 | +6,366% |
| Profit (loss) for the period before taxes | 9903 | €493 | €8,985 | +€8,492 | +1,723% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €493 | €8,985 | +€8,492 | +1,723% |
| Profit (loss) for the period to be appropriated | 9905 | €493 | €8,985 | +€8,492 | +1,723% |
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 13 October 2026 via checked.be.