RBRK: 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.
RBRK
Largest movements
- Receivables within one year -€259,810
down €259,810 (-93.6%), from €277,676 to €17,867
of which Trade receivables: -€240,352
- Tangible fixed assets +€255,743
up €255,743 (+256.3%), from €99,801 to €355,544
of which Land and buildings: +€287,598
- Cash +€48,646
up €48,646 (+85.7%), from €56,753 to €105,398
mainly Receivables within one year (+€259,810) and Debts after one year (+€186,886)
- Trade debts -€258,007
down €258,007 (-91.6%), from €281,758 to €23,751
- Debts after one year +€186,886
up €186,886 (+521.1%), from €35,861 to €222,747
- Reserves +€80,000
up €80,000 (+133.3%), from €60,000 to €140,000
- Other debts +€30,216
up €30,216 (+149.1%), from €20,265 to €50,481
- Current portion of long-term debt +€9,786
up €9,786 (+294.1%), from €3,328 to €13,114
- Gross operating margin +€75,587
up €75,587 (+65.9%), from €114,699 to €190,286
- Taxes +€23,623
up €23,623 (+159.0%), from €14,861 to €38,485
- Depreciation +€13,058
up €13,058 (+255.6%), from €5,108 to €18,167
- Financial charges +€7,163
up €7,163 (+234.1%), from €3,060 to €10,222
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 | €434,230 | €479,009 | +€44,779 | +10.3% |
| Fixed assets | 21/28 | €99,801 | €355,744 | +€255,943 | +256.5% |
| Tangible fixed assets | 22/27 | €99,801 | €355,544 | +€255,743 | +256.3% |
| Land and buildings | 22 | €12,955 | €300,553 | +€287,598 | +2220.1% |
| Plant, machinery and equipment | 23 | €85,612 | €54,186 | -€31,426 | -36.7% |
| Furniture and vehicles | 24 | €1,234 | €805 | -€429 | -34.8% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €334,429 | €123,265 | -€211,164 | -63.1% |
| Amounts receivable within one year | 40/41 | €277,676 | €17,867 | -€259,810 | -93.6% |
| Trade receivables | 40 | €258,218 | €17,867 | -€240,352 | -93.1% |
| Other amounts receivable | 41 | €19,458 | - | -€19,458 | |
| Cash at bank and in hand | 54/58 | €56,753 | €105,398 | +€48,646 | +85.7% |
| Total equity and liabilities | 10/49 | €434,230 | €479,009 | +€44,779 | +10.3% |
| Equity | 10/15 | €63,979 | €150,827 | +€86,848 | +135.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €140,000 | +€80,000 | +133.3% |
| Distributable reserves | 133 | €60,000 | €140,000 | +€80,000 | +133.3% |
| Profit (loss) carried forward | 14 | €979 | €7,827 | +€6,848 | +699.7% |
| Amounts payable | 17/49 | €370,251 | €328,182 | -€42,069 | -11.4% |
| Amounts payable after more than one year | 17 | €35,861 | €222,747 | +€186,886 | +521.1% |
| Financial debts | 170/4 | €35,861 | €222,747 | +€186,886 | +521.1% |
| Amounts payable within one year | 42/48 | €332,712 | €105,435 | -€227,277 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €3,328 | €13,114 | +€9,786 | +294.1% |
| Trade debts | 44 | €281,758 | €23,751 | -€258,007 | -91.6% |
| Suppliers | 440/4 | €281,758 | €23,751 | -€258,007 | -91.6% |
| Taxes, remuneration and social security | 45 | €27,361 | €18,089 | -€9,272 | -33.9% |
| Taxes | 450/3 | €23,219 | €14,482 | -€8,737 | -37.6% |
| Remuneration and social security | 454/9 | €4,142 | €3,607 | -€535 | -12.9% |
| Other amounts payable | 47/48 | €20,265 | €50,481 | +€30,216 | +149.1% |
| Accrued charges and deferred income | 492/3 | €1,678 | - | -€1,678 | |
| Remuneration, social security and pensions | 62 | €1,872 | €2,332 | +€460 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,108 | €18,167 | +€13,058 | +255.6% |
| Other operating charges | 640/8 | €28,919 | €29,232 | +€314 | +1.1% |
| Gross operating margin | 9900 | €114,699 | €190,286 | +€75,587 | +65.9% |
| Operating profit (loss) | 9901 | €78,800 | €140,555 | +€61,755 | +78.4% |
| Financial income | 75/76B | €99 | €0 | -€99 | -99.7% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -99.7% |
| Financial charges | 65/66B | €3,060 | €10,222 | +€7,163 | +234.1% |
| Recurring financial charges | 65 | €3,060 | €10,222 | +€7,163 | +234.1% |
| Profit (loss) for the period before taxes | 9903 | €75,840 | €130,333 | +€54,493 | +71.9% |
| Income taxes | 67/77 | €14,861 | €38,485 | +€23,623 | +159.0% |
| Profit (loss) for the period | 9904 | €60,979 | €91,848 | +€30,870 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,979 | €91,848 | +€30,870 | +50.6% |
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 9 October 2026 via checked.be.