R3X Consulting: 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.
R3X Consulting
Largest movements
- Receivables within one year -€13,244
down €13,244 (-42.3%), from €31,314 to €18,070
of which Trade receivables: -€21,288
- Deferred charges and accrued income -€7,497
down €7,497 (-79.6%), from €9,420 to €1,922
- Tangible fixed assets +€3,534
up €3,534 (+70.1%), from €5,039 to €8,574
- Cash -€2,844
down €2,844 (-2.9%), from €99,748 to €96,905
mainly Contributions, distributions and other (-€99,315) and Tax, wage and social debts (-€8,183)
- Reserves -€86,362
down €86,362 (-87.0%), from €99,315 to €12,954
- Other debts +€70,315
up €70,315 (+242%), from €29,000 to €99,315
- Tax, wage and social debts -€8,183
down €8,183 (-92.5%), from €8,849 to €665
- Trade debts +€4,326
up €4,326 (+135%), from €3,210 to €7,536
- Gross operating margin -€74,897
down €74,897 (-74.1%), from €101,022 to €26,124
- Taxes -€13,727
down €13,727 (-72.1%), from €19,028 to €5,301
- Financial charges +€1,920
up €1,920 (+93.3%), from €2,058 to €3,978
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 | €145,521 | €125,470 | -€20,051 | -13.8% |
| Fixed assets | 21/28 | €5,039 | €8,574 | +€3,534 | +70.1% |
| Tangible fixed assets | 22/27 | €5,039 | €8,574 | +€3,534 | +70.1% |
| Furniture and vehicles | 24 | €5,039 | €8,574 | +€3,534 | +70.1% |
| Current assets | 29/58 | €140,482 | €116,897 | -€23,585 | -16.8% |
| Amounts receivable within one year | 40/41 | €31,314 | €18,070 | -€13,244 | -42.3% |
| Trade receivables | 40 | €24,975 | €3,687 | -€21,288 | -85.2% |
| Other amounts receivable | 41 | €6,339 | €14,383 | +€8,044 | +127% |
| Cash at bank and in hand | 54/58 | €99,748 | €96,905 | -€2,844 | -2.9% |
| Deferred charges and accrued income | 490/1 | €9,420 | €1,922 | -€7,497 | -79.6% |
| Total equity and liabilities | 10/49 | €145,521 | €125,470 | -€20,051 | -13.8% |
| Equity | 10/15 | €104,315 | €17,954 | -€86,362 | -82.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,315 | €12,954 | -€86,362 | -87.0% |
| Distributable reserves | 133 | €99,315 | €12,954 | -€86,362 | -87.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,205 | €107,517 | +€66,311 | +161% |
| Amounts payable within one year | 42/48 | €41,059 | €107,517 | +€66,458 | +162% |
| Trade debts | 44 | €3,210 | €7,536 | +€4,326 | +135% |
| Suppliers | 440/4 | €3,210 | €7,536 | +€4,326 | +135% |
| Taxes, remuneration and social security | 45 | €8,849 | €665 | -€8,183 | -92.5% |
| Taxes | 450/3 | €8,849 | €665 | -€8,183 | -92.5% |
| Other amounts payable | 47/48 | €29,000 | €99,315 | +€70,315 | +242% |
| Accrued charges and deferred income | 492/3 | €147 | €0 | -€147 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,537 | €3,555 | -€982 | -21.6% |
| Other operating charges | 640/8 | €1,757 | €885 | -€872 | -49.6% |
| Non-recurring operating charges | 66A | €81 | €503 | +€422 | +521% |
| Gross operating margin | 9900 | €101,022 | €26,124 | -€74,897 | -74.1% |
| Operating profit (loss) | 9901 | €94,646 | €21,181 | -€73,465 | -77.6% |
| Financial income | 75/76B | €945 | €1,052 | +€106 | +11.2% |
| Recurring financial income | 75 | €945 | €1,052 | +€106 | +11.2% |
| Financial charges | 65/66B | €2,058 | €3,978 | +€1,920 | +93.3% |
| Recurring financial charges | 65 | €2,058 | €3,978 | +€1,920 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | €93,534 | €18,255 | -€75,280 | -80.5% |
| Income taxes | 67/77 | €19,028 | €5,301 | -€13,727 | -72.1% |
| Profit (loss) for the period | 9904 | €74,506 | €12,954 | -€61,552 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,506 | €12,954 | -€61,552 | -82.6% |
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 25 October 2026 via checked.be.