RBE TRANS: what changed
Two fiscal 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.
RBE TRANS
Largest movements
- Receivables within one year +€186,213
up €186,213 (+17.7%), from €1.1m to €1.2m
of which Trade receivables: +€176,073
- Cash -€59,157
down €59,157 (-37.3%), from €158,697 to €99,541
mainly Receivables within one year (-€186,213) and Trade debts (-€138,676)
- Tangible fixed assets -€17,149
down €17,149 (-28.5%), from €60,080 to €42,931
of which Furniture and vehicles: -€16,606
- Profit (loss) carried forward +€174,929
up €174,929 (+39.7%), from -€440,894 to -€265,965
- Trade debts -€138,676
down €138,676 (-31.2%), from €443,966 to €305,290
- Short-term financial debts +€83,820
up €83,820 (+35.7%), from €234,620 to €318,440
- Tax, wage and social debts -€24,006
down €24,006 (-4.4%), from €551,393 to €527,388
of which Remuneration and social security: -€64,829
- Staff costs -€329,916
down €329,916 (-9.1%), from €3.6m to €3.3m
- Gross operating margin +€235,026
up €235,026 (+7.1%), from €3.3m to €3.5m
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 | €1,285,203 | €1,386,872 | +€101,670 | +7.9% |
| Fixed assets | 21/28 | €61,835 | €44,686 | -€17,149 | -27.7% |
| Tangible fixed assets | 22/27 | €60,080 | €42,931 | -€17,149 | -28.5% |
| Plant, machinery and equipment | 23 | €1,594 | €1,051 | -€543 | -34.1% |
| Furniture and vehicles | 24 | €58,486 | €41,880 | -€16,606 | -28.4% |
| Financial fixed assets | 28 | €1,755 | €1,755 | = | 0.0% |
| Current assets | 29/58 | €1,223,368 | €1,342,187 | +€118,818 | +9.7% |
| Amounts receivable within one year | 40/41 | €1,051,133 | €1,237,346 | +€186,213 | +17.7% |
| Trade receivables | 40 | €1,000,237 | €1,176,310 | +€176,073 | +17.6% |
| Other amounts receivable | 41 | €50,896 | €61,037 | +€10,140 | +19.9% |
| Cash at bank and in hand | 54/58 | €158,697 | €99,541 | -€59,157 | -37.3% |
| Deferred charges and accrued income | 490/1 | €13,537 | €5,300 | -€8,238 | -60.9% |
| Total equity and liabilities | 10/49 | €1,285,203 | €1,386,872 | +€101,670 | +7.9% |
| Equity | 10/15 | €15,206 | €190,135 | +€174,929 | +1150.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €437,500 | €437,500 | = | 0.0% |
| Distributable reserves | 133 | €437,500 | €437,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€440,894 | -€265,965 | +€174,929 | +39.7% |
| Amounts payable | 17/49 | €1,269,997 | €1,196,737 | -€73,259 | -5.8% |
| Amounts payable after more than one year | 17 | €18,838 | €20,015 | +€1,177 | +6.2% |
| Financial debts | 170/4 | €13,838 | €2,015 | -€11,823 | -85.4% |
| Other amounts payable | 178/9 | €5,000 | €18,000 | +€13,000 | +260.0% |
| Amounts payable within one year | 42/48 | €1,247,571 | €1,167,039 | -€80,532 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €14,831 | €15,271 | +€440 | +3.0% |
| Financial debts | 43 | €234,620 | €318,440 | +€83,820 | +35.7% |
| Credit institutions | 430/8 | €234,620 | €318,440 | +€83,820 | +35.7% |
| Trade debts | 44 | €443,966 | €305,290 | -€138,676 | -31.2% |
| Suppliers | 440/4 | €443,966 | €305,290 | -€138,676 | -31.2% |
| Advances received on contracts in progress | 46 | €2,137 | - | -€2,137 | |
| Taxes, remuneration and social security | 45 | €551,393 | €527,388 | -€24,006 | -4.4% |
| Taxes | 450/3 | €152,045 | €192,868 | +€40,824 | +26.8% |
| Remuneration and social security | 454/9 | €399,349 | €334,519 | -€64,829 | -16.2% |
| Other amounts payable | 47/48 | €624 | €650 | +€26 | +4.2% |
| Accrued charges and deferred income | 492/3 | €3,588 | €9,684 | +€6,096 | +169.9% |
| Remuneration, social security and pensions | 62 | €3,630,855 | €3,300,939 | -€329,916 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,464 | €17,149 | -€3,315 | -16.2% |
| Other operating charges | 640/8 | €17,983 | €11,922 | -€6,061 | -33.7% |
| Gross operating margin | 9900 | €3,306,755 | €3,541,782 | +€235,026 | +7.1% |
| Operating profit (loss) | 9901 | -€362,547 | €211,772 | +€574,319 | |
| Financial income | 75/76B | €3,994 | €395 | -€3,599 | -90.1% |
| Recurring financial income | 75 | €3,994 | €395 | -€3,599 | -90.1% |
| Financial charges | 65/66B | €34,527 | €37,237 | +€2,710 | +7.9% |
| Recurring financial charges | 65 | €34,527 | €37,237 | +€2,710 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€393,080 | €174,929 | +€568,009 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€393,080 | €174,929 | +€568,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€393,080 | €174,929 | +€568,009 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.