RBL Beheer: 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.
RBL Beheer
Largest movements
- Receivables within one year -€12,504
down €12,504 (-24.1%), from €51,946 to €39,442
- Tangible fixed assets -€2,216
down €2,216 (-35.7%), from €6,211 to €3,995
of which Other tangible fixed assets: -€1,632
- Deferred charges and accrued income -€1,850
down €1,850 (-14.8%), from €12,481 to €10,631
- Trade debts -€23,338
down €23,338 (-88.0%), from €26,532 to €3,194
- Reserves +€6,385
up €6,385 (+23.8%), from €26,798 to €33,182
- Accrued charges and deferred income -€1,466
down €1,466 (-70.7%), from €2,074 to €608
- Tax, wage and social debts +€1,235
up €1,235 (+6.6%), from €18,779 to €20,014
of which Remuneration and social security: +€5,300
- Gross operating margin +€7,623
up €7,623 (+106%), from €7,212 to €14,835
- Financial charges +€2,438
up €2,438 (+182%), from €1,339 to €3,776
- Taxes +€1,104
up €1,104 (+127%), from €867 to €1,971
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 | €77,182 | €59,998 | -€17,184 | -22.3% |
| Fixed assets | 21/28 | €6,211 | €3,995 | -€2,216 | -35.7% |
| Tangible fixed assets | 22/27 | €6,211 | €3,995 | -€2,216 | -35.7% |
| Furniture and vehicles | 24 | €768 | €184 | -€584 | -76.0% |
| Other tangible fixed assets | 26 | €5,443 | €3,811 | -€1,632 | -30.0% |
| Current assets | 29/58 | €70,971 | €56,003 | -€14,968 | -21.1% |
| Amounts receivable after more than one year | 29 | €5,385 | €5,444 | +€59 | +1.1% |
| Other amounts receivable | 291 | €5,385 | €5,444 | +€59 | +1.1% |
| Amounts receivable within one year | 40/41 | €51,946 | €39,442 | -€12,504 | -24.1% |
| Trade receivables | 40 | €51,946 | €39,442 | -€12,504 | -24.1% |
| Cash at bank and in hand | 54/58 | €1,159 | €486 | -€674 | -58.1% |
| Deferred charges and accrued income | 490/1 | €12,481 | €10,631 | -€1,850 | -14.8% |
| Total equity and liabilities | 10/49 | €77,182 | €59,998 | -€17,184 | -22.3% |
| Equity | 10/15 | €29,798 | €36,182 | +€6,385 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,798 | €33,182 | +€6,385 | +23.8% |
| Distributable reserves | 133 | €26,798 | €33,182 | +€6,385 | +23.8% |
| Amounts payable | 17/49 | €47,384 | €23,816 | -€23,569 | -49.7% |
| Amounts payable within one year | 42/48 | €45,311 | €23,208 | -€22,103 | -48.8% |
| Trade debts | 44 | €26,532 | €3,194 | -€23,338 | -88.0% |
| Suppliers | 440/4 | €26,532 | €3,194 | -€23,338 | -88.0% |
| Taxes, remuneration and social security | 45 | €18,779 | €20,014 | +€1,235 | +6.6% |
| Taxes | 450/3 | €16,129 | €12,064 | -€4,065 | -25.2% |
| Remuneration and social security | 454/9 | €2,650 | €7,950 | +€5,300 | +200% |
| Accrued charges and deferred income | 492/3 | €2,074 | €608 | -€1,466 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,216 | €2,216 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €675 | +€106 | +18.7% |
| Gross operating margin | 9900 | €7,212 | €14,835 | +€7,623 | +106% |
| Operating profit (loss) | 9901 | €4,427 | €11,944 | +€7,517 | +170% |
| Financial income | 75/76B | €176 | €188 | +€12 | +7.0% |
| Recurring financial income | 75 | €176 | €188 | +€12 | +7.0% |
| Financial charges | 65/66B | €1,339 | €3,776 | +€2,438 | +182% |
| Recurring financial charges | 65 | €1,339 | €3,776 | +€2,438 | +182% |
| Profit (loss) for the period before taxes | 9903 | €3,264 | €8,355 | +€5,091 | +156% |
| Income taxes | 67/77 | €867 | €1,971 | +€1,104 | +127% |
| Profit (loss) for the period | 9904 | €2,397 | €6,385 | +€3,988 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €2,397 | €6,385 | +€3,988 | +166% |
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.