RBMA: 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.
RBMA
Largest movements
- Cash +€37,522
up €37,522 (+29.3%), from €127,912 to €165,434
mainly Net result for the year (+€73,923) and Receivables within one year (+€4,787)
- Receivables within one year -€4,787
down €4,787 (-17.5%), from €27,407 to €22,620
- Tangible fixed assets -€4,540
down €4,540 (-2.2%), from €208,897 to €204,357
of which Land and buildings: -€6,059
- Reserves +€73,923
up €73,923 (+99.1%), from €74,587 to €148,510
of which Distributable reserves: +€73,923
- Other debts -€25,197
down €25,197 (-41.3%), from €61,076 to €35,879
- Debts after one year -€16,957
down €16,957 (-10.5%), from €161,873 to €144,916
- Trade debts -€7,623
down €7,623 (-74.8%), from €10,186 to €2,562
- Tax, wage and social debts +€4,315
up €4,315 (+12.7%), from €33,995 to €38,310
of which Taxes: +€5,532
- Gross operating margin +€69,594
up €69,594 (+70.9%), from €98,148 to €167,742
- Taxes +€23,949
up €23,949 (+175%), from €13,704 to €37,653
- Depreciation -€4,799
down €4,799 (-58.6%), from €8,185 to €3,387
- Staff costs +€4,742
up €4,742 (+12.9%), from €36,722 to €41,464
- Write-downs +€3,776
new in 2025: €3,776
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 | €364,991 | €393,451 | +€28,461 | +7.8% |
| Fixed assets | 21/28 | €208,897 | €204,357 | -€4,540 | -2.2% |
| Tangible fixed assets | 22/27 | €208,897 | €204,357 | -€4,540 | -2.2% |
| Land and buildings | 22 | €206,432 | €200,374 | -€6,059 | -2.9% |
| Furniture and vehicles | 24 | €2,465 | €3,983 | +€1,518 | +61.6% |
| Current assets | 29/58 | €156,094 | €189,095 | +€33,001 | +21.1% |
| Amounts receivable within one year | 40/41 | €27,407 | €22,620 | -€4,787 | -17.5% |
| Trade receivables | 40 | €27,407 | €22,620 | -€4,787 | -17.5% |
| Cash at bank and in hand | 54/58 | €127,912 | €165,434 | +€37,522 | +29.3% |
| Deferred charges and accrued income | 490/1 | €774 | €1,041 | +€267 | +34.5% |
| Total equity and liabilities | 10/49 | €364,991 | €393,451 | +€28,461 | +7.8% |
| Equity | 10/15 | €83,535 | €157,458 | +€73,923 | +88.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,587 | €148,510 | +€73,923 | +99.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €72,727 | €146,650 | +€73,923 | +102% |
| Profit (loss) carried forward | 14 | €2,748 | €2,748 | = | 0.0% |
| Amounts payable | 17/49 | €281,455 | €235,993 | -€45,462 | -16.2% |
| Amounts payable after more than one year | 17 | €161,873 | €144,916 | -€16,957 | -10.5% |
| Financial debts | 170/4 | €161,873 | €144,916 | -€16,957 | -10.5% |
| Amounts payable within one year | 42/48 | €119,582 | €91,077 | -€28,505 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €14,326 | €14,326 | = | 0.0% |
| Trade debts | 44 | €10,186 | €2,562 | -€7,623 | -74.8% |
| Suppliers | 440/4 | €10,186 | €2,562 | -€7,623 | -74.8% |
| Taxes, remuneration and social security | 45 | €33,995 | €38,310 | +€4,315 | +12.7% |
| Taxes | 450/3 | €32,778 | €38,310 | +€5,532 | +16.9% |
| Remuneration and social security | 454/9 | €1,217 | - | -€1,217 | |
| Other amounts payable | 47/48 | €61,076 | €35,879 | -€25,197 | -41.3% |
| Remuneration, social security and pensions | 62 | €36,722 | €41,464 | +€4,742 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,185 | €3,387 | -€4,799 | -58.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,776 | +€3,776 | |
| Other operating charges | 640/8 | - | €1,347 | +€1,347 | |
| Gross operating margin | 9900 | €98,148 | €167,742 | +€69,594 | +70.9% |
| Operating profit (loss) | 9901 | €53,241 | €117,768 | +€64,528 | +121% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €5,734 | €6,192 | +€458 | +8.0% |
| Recurring financial charges | 65 | €5,734 | €6,192 | +€458 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €47,513 | €111,576 | +€64,063 | +135% |
| Income taxes | 67/77 | €13,704 | €37,653 | +€23,949 | +175% |
| Profit (loss) for the period | 9904 | €33,809 | €73,923 | +€40,114 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €33,809 | €73,923 | +€40,114 | +119% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.