RB-MOTOREN: 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-MOTOREN
Largest movements
- Stocks and contracts +€106,611
up €106,611 (+32.2%), from €331,542 to €438,153
- Receivables within one year -€47,795
down €47,795 (-65.3%), from €73,234 to €25,439
of which Trade receivables: -€38,653
- Tangible fixed assets -€14,433
down €14,433 (-13.8%), from €104,238 to €89,805
of which Leasing and similar rights: -€14,148
- Cash +€10,362
up €10,362 (+38.3%), from €27,083 to €37,445
mainly Short-term financial debts (+€50,000) and Receivables within one year (+€47,795)
- Short-term financial debts +€50,000
up €50,000 (+50.0%), from €100,000 to €150,000
- Other debts +€39,586
up €39,586 (+431%), from €9,181 to €48,767
- Debts after one year -€34,749
down €34,749 (-14.4%), from €241,269 to €206,520
- Current portion of long-term debt -€26,963
down €26,963 (-43.9%), from €61,424 to €34,461
- Reserves +€16,000
up €16,000 (+21.1%), from €76,000 to €92,000
- Staff costs -€15,416
down €15,416 (-47.6%), from €32,359 to €16,943
- Gross operating margin -€3,285
down €3,285 (-3.1%), from €105,829 to €102,544
- Financial charges +€1,881
up €1,881 (+11.8%), from €15,980 to €17,861
- Depreciation +€1,674
up €1,674 (+5.1%), from €32,606 to €34,280
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 | €540,410 | €594,578 | +€54,168 | +10.0% |
| Fixed assets | 21/28 | €105,697 | €90,951 | -€14,746 | -14.0% |
| Intangible fixed assets | 21 | €1,459 | €1,146 | -€313 | -21.5% |
| Tangible fixed assets | 22/27 | €104,238 | €89,805 | -€14,433 | -13.8% |
| Land and buildings | 22 | €15,000 | €15,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,181 | €20,543 | +€12,362 | +151% |
| Furniture and vehicles | 24 | €42,132 | €31,853 | -€10,279 | -24.4% |
| Leasing and similar rights | 25 | €14,148 | - | -€14,148 | |
| Other tangible fixed assets | 26 | €24,777 | €22,409 | -€2,368 | -9.6% |
| Current assets | 29/58 | €434,713 | €503,627 | +€68,914 | +15.9% |
| Stocks and contracts in progress | 3 | €331,542 | €438,153 | +€106,611 | +32.2% |
| Stocks | 30/36 | €331,542 | €438,153 | +€106,611 | +32.2% |
| Amounts receivable within one year | 40/41 | €73,234 | €25,439 | -€47,795 | -65.3% |
| Trade receivables | 40 | €63,735 | €25,082 | -€38,653 | -60.6% |
| Other amounts receivable | 41 | €9,499 | €357 | -€9,142 | -96.2% |
| Cash at bank and in hand | 54/58 | €27,083 | €37,445 | +€10,362 | +38.3% |
| Deferred charges and accrued income | 490/1 | €2,854 | €2,590 | -€264 | -9.3% |
| Total equity and liabilities | 10/49 | €540,410 | €594,578 | +€54,168 | +10.0% |
| Equity | 10/15 | €83,014 | €98,171 | +€15,157 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,000 | €92,000 | +€16,000 | +21.1% |
| Distributable reserves | 133 | €76,000 | €92,000 | +€16,000 | +21.1% |
| Profit (loss) carried forward | 14 | €2,014 | €1,171 | -€843 | -41.9% |
| Amounts payable | 17/49 | €457,396 | €496,407 | +€39,011 | +8.5% |
| Amounts payable after more than one year | 17 | €241,269 | €206,520 | -€34,749 | -14.4% |
| Financial debts | 170/4 | €241,269 | €206,520 | -€34,749 | -14.4% |
| Amounts payable within one year | 42/48 | €211,084 | €284,064 | +€72,980 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €61,424 | €34,461 | -€26,963 | -43.9% |
| Financial debts | 43 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Credit institutions | 430/8 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Trade debts | 44 | €32,389 | €46,972 | +€14,583 | +45.0% |
| Suppliers | 440/4 | €32,389 | €46,972 | +€14,583 | +45.0% |
| Taxes, remuneration and social security | 45 | €8,090 | €3,864 | -€4,226 | -52.2% |
| Taxes | 450/3 | €4,150 | €3,864 | -€286 | -6.9% |
| Remuneration and social security | 454/9 | €3,940 | €0 | -€3,940 | -100% |
| Other amounts payable | 47/48 | €9,181 | €48,767 | +€39,586 | +431% |
| Accrued charges and deferred income | 492/3 | €5,043 | €5,823 | +€780 | +15.5% |
| Remuneration, social security and pensions | 62 | €32,359 | €16,943 | -€15,416 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,606 | €34,280 | +€1,674 | +5.1% |
| Other operating charges | 640/8 | €2,267 | €2,505 | +€238 | +10.5% |
| Gross operating margin | 9900 | €105,829 | €102,544 | -€3,285 | -3.1% |
| Operating profit (loss) | 9901 | €38,597 | €48,816 | +€10,219 | +26.5% |
| Financial income | 75/76B | €374 | €17 | -€357 | -95.5% |
| Recurring financial income | 75 | €374 | €17 | -€357 | -95.5% |
| Financial charges | 65/66B | €15,980 | €17,861 | +€1,881 | +11.8% |
| Recurring financial charges | 65 | €15,980 | €17,861 | +€1,881 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €22,991 | €30,972 | +€7,981 | +34.7% |
| Income taxes | 67/77 | €7,690 | €8,482 | +€792 | +10.3% |
| Profit (loss) for the period | 9904 | €15,301 | €22,490 | +€7,189 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,301 | €22,490 | +€7,189 | +47.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.