RBJD: 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.
RBJD
Largest movements
- Tangible fixed assets -€43,286
down €43,286 (-9.0%), from €478,489 to €435,203
- Cash +€24,439
up €24,439 (+16.2%), from €151,107 to €175,546
mainly Investment in fixed assets (net) (+€28,832) and Depreciation (+€14,453)
- Debts after one year -€21,295
down €21,295 (-3.1%), from €679,266 to €657,971
of which Financial debts: -€21,295
- Accrued charges and deferred income +€6,755
up €6,755 (+56.3%), from €12,000 to €18,755
- Profit (loss) carried forward -€6,647
down €6,647 (-4.4%), from -€149,814 to -€156,460
- Depreciation -€760
down €760 (-5.0%), from €15,213 to €14,453
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 | €630,898 | €614,843 | -€16,055 | -2.5% |
| Fixed assets | 21/28 | €478,489 | €435,203 | -€43,286 | -9.0% |
| Tangible fixed assets | 22/27 | €478,489 | €435,203 | -€43,286 | -9.0% |
| Land and buildings | 22 | €478,489 | €435,203 | -€43,286 | -9.0% |
| Current assets | 29/58 | €152,409 | €179,639 | +€27,230 | +17.9% |
| Cash at bank and in hand | 54/58 | €151,107 | €175,546 | +€24,439 | +16.2% |
| Deferred charges and accrued income | 490/1 | €1,302 | €4,094 | +€2,791 | +214.3% |
| Total equity and liabilities | 10/49 | €630,898 | €614,843 | -€16,055 | -2.5% |
| Equity | 10/15 | -€87,814 | -€94,460 | -€6,647 | -7.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,814 | -€156,460 | -€6,647 | -4.4% |
| Amounts payable | 17/49 | €718,712 | €709,303 | -€9,409 | -1.3% |
| Amounts payable after more than one year | 17 | €679,266 | €657,971 | -€21,295 | -3.1% |
| Financial debts | 170/4 | €379,266 | €357,971 | -€21,295 | -5.6% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,446 | €32,577 | +€5,131 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €21,014 | €21,295 | +€281 | +1.3% |
| Trade debts | 44 | €6,432 | €11,283 | +€4,850 | +75.4% |
| Suppliers | 440/4 | €6,432 | €11,283 | +€4,850 | +75.4% |
| Accrued charges and deferred income | 492/3 | €12,000 | €18,755 | +€6,755 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,213 | €14,453 | -€760 | -5.0% |
| Other operating charges | 640/8 | €4,140 | €4,230 | +€90 | +2.2% |
| Gross operating margin | 9900 | €24,147 | €24,331 | +€183 | +0.8% |
| Operating profit (loss) | 9901 | €4,794 | €5,647 | +€853 | +17.8% |
| Financial charges | 65/66B | €12,252 | €12,294 | +€42 | +0.3% |
| Recurring financial charges | 65 | €12,252 | €12,294 | +€42 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,458 | -€6,647 | +€811 | +10.9% |
| Profit (loss) for the period | 9904 | -€7,458 | -€6,647 | +€811 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,458 | -€6,647 | +€811 | +10.9% |
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 7 October 2026 via checked.be.