RBL SOLUTIONS & ENGINEERING: 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.
RBL SOLUTIONS & ENGINEERING
Largest movements
- Cash +€74,984
up €74,984 (+373.4%), from €20,080 to €95,063
mainly Current investments (+€35,000) and Net result for the year (+€27,120)
- Current investments -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Receivables within one year -€18,675
down €18,675 (-52.6%), from €35,519 to €16,844
of which Trade receivables: -€17,283
- Tangible fixed assets -€12,665
down €12,665 (-32.4%), from €39,138 to €26,473
of which Leasing and similar rights: -€9,997
- Deferred charges and accrued income -€2,858
down €2,858 (-41.3%), from €6,914 to €4,056
- Reserves +€27,120
up €27,120 (+29.8%), from €90,972 to €118,092
- Debts after one year -€13,149
down €13,149 (-100.0%), from €13,149 to €0
- Tax, wage and social debts -€6,867
down €6,867 (-59.8%), from €11,475 to €4,608
of which Remuneration and social security: -€4,646
- Trade debts -€1,564
down €1,564 (-53.4%), from €2,930 to €1,366
- Gross operating margin -€14,654
down €14,654 (-22.5%), from €65,195 to €50,541
- Taxes -€3,190
down €3,190 (-29.3%), from €10,897 to €7,707
- Depreciation +€922
up €922 (+7.8%), from €11,744 to €12,665
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 | €136,651 | €142,436 | +€5,785 | +4.2% |
| Fixed assets | 21/28 | €39,138 | €26,473 | -€12,665 | -32.4% |
| Tangible fixed assets | 22/27 | €39,138 | €26,473 | -€12,665 | -32.4% |
| Furniture and vehicles | 24 | €8,518 | €5,850 | -€2,669 | -31.3% |
| Leasing and similar rights | 25 | €30,620 | €20,623 | -€9,997 | -32.6% |
| Current assets | 29/58 | €97,513 | €115,963 | +€18,451 | +18.9% |
| Amounts receivable within one year | 40/41 | €35,519 | €16,844 | -€18,675 | -52.6% |
| Trade receivables | 40 | €29,220 | €11,938 | -€17,283 | -59.1% |
| Other amounts receivable | 41 | €6,299 | €4,906 | -€1,392 | -22.1% |
| Current investments | 50/53 | €35,000 | €0 | -€35,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,080 | €95,063 | +€74,984 | +373.4% |
| Deferred charges and accrued income | 490/1 | €6,914 | €4,056 | -€2,858 | -41.3% |
| Total equity and liabilities | 10/49 | €136,651 | €142,436 | +€5,785 | +4.2% |
| Equity | 10/15 | €93,472 | €120,592 | +€27,120 | +29.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €90,972 | €118,092 | +€27,120 | +29.8% |
| Distributable reserves | 133 | €90,972 | €118,092 | +€27,120 | +29.8% |
| Amounts payable | 17/49 | €43,179 | €21,844 | -€21,335 | -49.4% |
| Amounts payable after more than one year | 17 | €13,149 | €0 | -€13,149 | -100.0% |
| Financial debts | 170/4 | €13,149 | €0 | -€13,149 | -100.0% |
| Amounts payable within one year | 42/48 | €30,030 | €21,844 | -€8,186 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €12,703 | €13,149 | +€445 | +3.5% |
| Trade debts | 44 | €2,930 | €1,366 | -€1,564 | -53.4% |
| Suppliers | 440/4 | €2,930 | €1,366 | -€1,564 | -53.4% |
| Taxes, remuneration and social security | 45 | €11,475 | €4,608 | -€6,867 | -59.8% |
| Taxes | 450/3 | €6,829 | €4,608 | -€2,221 | -32.5% |
| Remuneration and social security | 454/9 | €4,646 | €0 | -€4,646 | -100.0% |
| Other amounts payable | 47/48 | €2,922 | €2,722 | -€200 | -6.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,744 | €12,665 | +€922 | +7.8% |
| Other operating charges | 640/8 | €3,022 | €3,386 | +€363 | +12.0% |
| Gross operating margin | 9900 | €65,195 | €50,541 | -€14,654 | -22.5% |
| Operating profit (loss) | 9901 | €50,429 | €34,490 | -€15,939 | -31.6% |
| Financial income | 75/76B | €0 | €378 | +€378 | +1891650.0% |
| Recurring financial income | 75 | €0 | €378 | +€378 | +1891650.0% |
| Financial charges | 65/66B | €0 | €41 | +€41 | +102550.0% |
| Recurring financial charges | 65 | €0 | €41 | +€41 | +102550.0% |
| Profit (loss) for the period before taxes | 9903 | €50,429 | €34,827 | -€15,602 | -30.9% |
| Income taxes | 67/77 | €10,897 | €7,707 | -€3,190 | -29.3% |
| Profit (loss) for the period | 9904 | €39,533 | €27,120 | -€12,412 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,533 | €27,120 | -€12,412 | -31.4% |
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 8 October 2026 via checked.be.