RBJ CORPORATE: 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.
RBJ CORPORATE
Largest movements
- Financial fixed assets -€4.3m
down €4.3m (-36.6%), from €11.8m to €7.5m
- Receivables within one year +€238,296
up €238,296 (+1,191,482%), from €20 to €238,316
of which Trade receivables: +€238,296
- Short-term financial debts -€8.5m
down €8.5m (-100%), from €8.5m to €0
- Reserves +€4.2m
up €4.2m (+992%), from €425,577 to €4.6m
- Trade debts +€229,246
up €229,246 (+2,522%), from €9,091 to €238,337
- Financial income +€4.9m
up €4.9m (+632%), from €781,986 to €5.7m
of which Non-recurring financial income: +€4.2m
- Financial charges +€707,611
up €707,611 (+148%), from €477,317 to €1.2m
of which Non-recurring financial charges: +€1.1m
- Gross operating margin -€241,827
down €241,827 (-325%), from -€74,376 to -€316,203
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 | €11,808,871 | €7,774,108 | -€4.0m | -34.2% |
| Fixed assets | 21/28 | €11,752,345 | €7,452,000 | -€4.3m | -36.6% |
| Financial fixed assets | 28 | €11,752,345 | €7,452,000 | -€4.3m | -36.6% |
| Current assets | 29/58 | €56,526 | €322,108 | +€265,582 | +470% |
| Amounts receivable within one year | 40/41 | €20 | €238,316 | +€238,296 | +1,191,482% |
| Trade receivables | 40 | - | €238,296 | +€238,296 | |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,506 | €83,792 | +€27,286 | +48.3% |
| Total equity and liabilities | 10/49 | €11,808,871 | €7,774,108 | -€4.0m | -34.2% |
| Equity | 10/15 | €2,177,922 | €6,397,788 | +€4.2m | +194% |
| Contributions | 10/11 | €1,752,345 | €1,752,345 | = | 0.0% |
| Reserves | 13 | €425,577 | €4,645,443 | +€4.2m | +992% |
| Distributable reserves | 133 | €425,577 | €4,645,443 | +€4.2m | +992% |
| Amounts payable | 17/49 | €9,630,949 | €1,376,320 | -€8.3m | -85.7% |
| Amounts payable after more than one year | 17 | €1,050,000 | €1,085,000 | +€35,000 | +3.3% |
| Financial debts | 170/4 | €1,050,000 | €1,085,000 | +€35,000 | +3.3% |
| Amounts payable within one year | 42/48 | €8,572,651 | €290,524 | -€8.3m | -96.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €8,525,000 | €0 | -€8.5m | -100% |
| Credit institutions | 430/8 | €8,525,000 | €0 | -€8.5m | -100% |
| Trade debts | 44 | €9,091 | €238,337 | +€229,246 | +2,522% |
| Suppliers | 440/4 | €9,091 | €238,337 | +€229,246 | +2,522% |
| Taxes, remuneration and social security | 45 | €7,652 | €0 | -€7,652 | -100% |
| Taxes | 450/3 | €7,652 | €0 | -€7,652 | -100% |
| Other amounts payable | 47/48 | €30,908 | €52,188 | +€21,279 | +68.8% |
| Accrued charges and deferred income | 492/3 | €8,298 | €796 | -€7,502 | -90.4% |
| Other operating charges | 640/8 | €505 | €1,118 | +€613 | +121% |
| Gross operating margin | 9900 | -€74,376 | -€316,203 | -€241,827 | -325% |
| Operating profit (loss) | 9901 | -€74,881 | -€317,321 | -€242,440 | -324% |
| Financial income | 75/76B | €781,986 | €5,722,115 | +€4.9m | +632% |
| Recurring financial income | 75 | €781,986 | €1,500,000 | +€718,014 | +91.8% |
| Non-recurring financial income | 76B | - | €4,222,115 | +€4.2m | |
| Financial charges | 65/66B | €477,317 | €1,184,927 | +€707,611 | +148% |
| Recurring financial charges | 65 | €477,317 | €114,468 | -€362,849 | -76.0% |
| Non-recurring financial charges | 66B | - | €1,070,459 | +€1.1m | |
| Profit (loss) for the period before taxes | 9903 | €229,788 | €4,219,866 | +€4.0m | +1,736% |
| Profit (loss) for the period | 9904 | €229,788 | €4,219,866 | +€4.0m | +1,736% |
| Profit (loss) for the period to be appropriated | 9905 | €229,788 | €4,219,866 | +€4.0m | +1,736% |
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 23 October 2026 via checked.be.