RB ELEC: 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.
RB ELEC
Largest movements
- Stocks and contracts -€17,035
no longer reported in 2025 (was €17,035)
- Receivables within one year -€12,207
down €12,207 (-22.1%), from €55,272 to €43,065
of which Trade receivables: -€37,916
- Tangible fixed assets +€2,638
up €2,638 (+175%), from €1,508 to €4,146
of which Furniture and vehicles: +€3,638
- Cash -€2,405
down €2,405 (-96.1%), from €2,502 to €97
mainly Trade debts (-€28,386) and Investment in fixed assets (net) (-€4,021)
- Trade debts -€28,386
down €28,386 (-79.5%), from €35,722 to €7,337
- Staff costs +€17,600
new in 2025: €17,600
- Taxes -€7,839
down €7,839 (-81.4%), from €9,629 to €1,790
- Gross operating margin -€6,988
down €6,988 (-18.6%), from €37,610 to €30,623
- Other operating charges +€5,858
up €5,858 (+300%), from €1,955 to €7,814
- Financial charges +€1,053
up €1,053 (+126%), from €834 to €1,886
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 | €76,317 | €47,307 | -€29,010 | -38.0% |
| Fixed assets | 21/28 | €1,508 | €4,146 | +€2,638 | +175% |
| Tangible fixed assets | 22/27 | €1,508 | €4,146 | +€2,638 | +175% |
| Plant, machinery and equipment | 23 | €1,508 | €508 | -€1,000 | -66.3% |
| Furniture and vehicles | 24 | - | €3,638 | +€3,638 | |
| Current assets | 29/58 | €74,809 | €43,161 | -€31,647 | -42.3% |
| Stocks and contracts in progress | 3 | €17,035 | - | -€17,035 | |
| Contracts in progress | 37 | €17,035 | - | -€17,035 | |
| Amounts receivable within one year | 40/41 | €55,272 | €43,065 | -€12,207 | -22.1% |
| Trade receivables | 40 | €50,903 | €12,988 | -€37,916 | -74.5% |
| Other amounts receivable | 41 | €4,369 | €30,077 | +€25,708 | +588% |
| Cash at bank and in hand | 54/58 | €2,502 | €97 | -€2,405 | -96.1% |
| Total equity and liabilities | 10/49 | €76,317 | €47,307 | -€29,010 | -38.0% |
| Equity | 10/15 | €26,700 | €26,850 | +€150 | +0.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,700 | €24,850 | +€150 | +0.6% |
| Distributable reserves | 133 | €24,700 | €24,850 | +€150 | +0.6% |
| Amounts payable | 17/49 | €49,617 | €20,457 | -€29,159 | -58.8% |
| Amounts payable within one year | 42/48 | €49,617 | €20,457 | -€29,159 | -58.8% |
| Trade debts | 44 | €35,722 | €7,337 | -€28,386 | -79.5% |
| Suppliers | 440/4 | €35,722 | €7,337 | -€28,386 | -79.5% |
| Taxes, remuneration and social security | 45 | €13,629 | €13,121 | -€508 | -3.7% |
| Taxes | 450/3 | €13,629 | €9,629 | -€4,000 | -29.3% |
| Remuneration and social security | 454/9 | - | €3,492 | +€3,492 | |
| Other amounts payable | 47/48 | €265 | - | -€265 | |
| Remuneration, social security and pensions | 62 | - | €17,600 | +€17,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €1,383 | +€892 | +181% |
| Other operating charges | 640/8 | €1,955 | €7,814 | +€5,858 | +300% |
| Gross operating margin | 9900 | €37,610 | €30,623 | -€6,988 | -18.6% |
| Operating profit (loss) | 9901 | €35,163 | €3,826 | -€31,337 | -89.1% |
| Financial charges | 65/66B | €834 | €1,886 | +€1,053 | +126% |
| Recurring financial charges | 65 | €834 | €1,886 | +€1,053 | +126% |
| Profit (loss) for the period before taxes | 9903 | €34,329 | €1,940 | -€32,390 | -94.4% |
| Income taxes | 67/77 | €9,629 | €1,790 | -€7,839 | -81.4% |
| Profit (loss) for the period | 9904 | €24,700 | €150 | -€24,551 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,700 | €150 | -€24,551 | -99.4% |
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 19 October 2026 via checked.be.