R2O CONSULT: 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.
R2O CONSULT
Largest movements
- Cash +€20,851
up €20,851 (+12761.4%), from €163 to €21,014
mainly Net result for the year (+€37,342) and Other debts (+€20,696)
- Tangible fixed assets +€8,273
new in 2025: €8,273
- Financial fixed assets +€7,541
new in 2025: €7,541
- Receivables within one year -€5,157
down €5,157 (-9.3%), from €55,562 to €50,405
of which Trade receivables: -€15,768
- Deferred charges and accrued income +€3,646
up €3,646 (+377.7%), from €965 to €4,611
- Other debts +€20,696
up €20,696 (+187.4%), from €11,045 to €31,741
- Tax, wage and social debts +€7,984
up €7,984 (+60.9%), from €13,120 to €21,103
of which Taxes: +€10,116
- Short-term financial debts +€2,230
up €2,230 (+74565.6%), from €3 to €2,233
- Provisions +€1,254
up €1,254 (+3.9%), from €31,890 to €33,143
- Gross operating margin +€47,281
up €47,281 (+103.2%), from €45,799 to €93,080
- Financial charges +€30,696
up €30,696 (+765.8%), from €4,008 to €34,705
- Provisions -€30,636
down €30,636 (-96.1%), from €31,890 to €1,254
- Taxes +€7,706
up €7,706 (+75.7%), from €10,173 to €17,879
- Depreciation +€1,024
new in 2025: €1,024
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 | €60,340 | €92,994 | +€32,654 | +54.1% |
| Fixed assets | 21/28 | - | €15,814 | +€15,814 | |
| Tangible fixed assets | 22/27 | - | €8,273 | +€8,273 | |
| Furniture and vehicles | 24 | - | €8,273 | +€8,273 | |
| Financial fixed assets | 28 | - | €7,541 | +€7,541 | |
| Current assets | 29/58 | €60,340 | €77,180 | +€16,840 | +27.9% |
| Amounts receivable within one year | 40/41 | €55,562 | €50,405 | -€5,157 | -9.3% |
| Trade receivables | 40 | €15,768 | - | -€15,768 | |
| Other amounts receivable | 41 | €39,794 | €50,405 | +€10,612 | +26.7% |
| Current investments | 50/53 | €3,650 | €1,150 | -€2,500 | -68.5% |
| Cash at bank and in hand | 54/58 | €163 | €21,014 | +€20,851 | +12761.4% |
| Deferred charges and accrued income | 490/1 | €965 | €4,611 | +€3,646 | +377.7% |
| Total equity and liabilities | 10/49 | €60,340 | €92,994 | +€32,654 | +54.1% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Provisions and deferred taxes | 16 | €31,890 | €33,143 | +€1,254 | +3.9% |
| Provisions for liabilities and charges | 160/5 | €31,890 | €33,143 | +€1,254 | +3.9% |
| Other liabilities and charges | 164/5 | €31,890 | €33,143 | +€1,254 | +3.9% |
| Amounts payable | 17/49 | €25,451 | €56,851 | +€31,400 | +123.4% |
| Amounts payable within one year | 42/48 | €25,451 | €56,851 | +€31,400 | +123.4% |
| Financial debts | 43 | €3 | €2,233 | +€2,230 | +74565.6% |
| Credit institutions | 430/8 | €3 | €2,233 | +€2,230 | +74565.6% |
| Trade debts | 44 | €1,283 | €1,774 | +€491 | +38.3% |
| Suppliers | 440/4 | €1,283 | €1,774 | +€491 | +38.3% |
| Taxes, remuneration and social security | 45 | €13,120 | €21,103 | +€7,984 | +60.9% |
| Taxes | 450/3 | €10,988 | €21,103 | +€10,116 | +92.1% |
| Remuneration and social security | 454/9 | €2,132 | - | -€2,132 | |
| Other amounts payable | 47/48 | €11,045 | €31,741 | +€20,696 | +187.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,024 | +€1,024 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €31,890 | €1,254 | -€30,636 | -96.1% |
| Other operating charges | 640/8 | €1,026 | €892 | -€134 | -13.1% |
| Gross operating margin | 9900 | €45,799 | €93,080 | +€47,281 | +103.2% |
| Operating profit (loss) | 9901 | €12,883 | €89,910 | +€77,027 | +597.9% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €4,008 | €34,705 | +€30,696 | +765.8% |
| Recurring financial charges | 65 | €4,008 | €34,705 | +€30,696 | +765.8% |
| Profit (loss) for the period before taxes | 9903 | €8,874 | €55,221 | +€46,347 | +522.3% |
| Income taxes | 67/77 | €10,173 | €17,879 | +€7,706 | +75.7% |
| Profit (loss) for the period | 9904 | -€1,299 | €37,342 | +€38,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,299 | €37,342 | +€38,641 |
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 10 October 2026 via checked.be.