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RC ADVICE: 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.

What changed

RC ADVICE

BE 0761.800.980
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,037
2024 · €4,690+€10,347
Equity
€11,415
2024 · €16,105-€4,690
Cash
€13,573
2024 · €6,562+€7,011
Balance sheet total
€85,985
2024 · €85,835+€150

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income -€10,887

    down €10,887 (-97.5%), from €11,168 to €280

  • Cash +€7,011

    up €7,011 (+106.8%), from €6,562 to €13,573

    mainly Other debts (+€18,816) and Net result for the year (+€15,037)

  • Receivables within one year +€5,287

    up €5,287 (+780.9%), from €677 to €5,963

    of which Other amounts receivable: +€5,687

  • Tangible fixed assets -€1,020

    down €1,020 (-1.5%), from €67,177 to €66,157

    of which Land and buildings: -€1,884

Equity and liabilities
  • Other debts +€18,816

    up €18,816 (+2037.3%), from €924 to €19,740

  • Trade debts -€10,241

    down €10,241 (-96.2%), from €10,646 to €405

  • Profit (loss) carried forward -€4,690

    down €4,690 (-100.0%), from €4,690 to €0

  • Debts after one year -€2,935

    down €2,935 (-5.4%), from €54,426 to €51,491

Income statement
  • Gross operating margin +€23,564

    up €23,564 (+189.5%), from €12,436 to €36,001

  • Taxes +€3,186

    up €3,186 (+121.2%), from €2,628 to €5,814

  • Financial charges +€1,170

    up €1,170 (+75.7%), from €1,546 to €2,716

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,690
Gross operating margin +€23,564
Depreciation -€14
Other operating charges -€215
Other operating items -€8,633
Financial income -€0
Financial charges -€1,170
Taxes -€3,186
Result 2025 €15,037

Cash bridge derived

cash 2024 to 2025

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.

From operations +€31,759
Investment -€1,287
Financing -€23,462
Cash 2024 €6,562
Net result for the year +€15,037
Depreciation +€2,547
Receivables within one year -€5,287
Deferred charges and accrued income +€10,887
Trade debts -€10,241
Other debts +€18,816
Investment in fixed assets (net) -€1,287
Debts after one year -€2,935
Current portion of long-term debt -€800
Contributions, distributions and other -€19,726
Cash 2025 €13,573
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €85,835 €85,985 +€150 +0.2%
Formation expenses 20 €252 €12 -€240 -95.3%
Fixed assets 21/28 €67,177 €66,157 -€1,020 -1.5%
Tangible fixed assets 22/27 €67,177 €66,157 -€1,020 -1.5%
Land and buildings 22 €66,705 €64,821 -€1,884 -2.8%
Furniture and vehicles 24 €472 €1,335 +€863 +183.0%
Current assets 29/58 €18,407 €19,817 +€1,410 +7.7%
Amounts receivable within one year 40/41 €677 €5,963 +€5,287 +780.9%
Trade receivables 40 €400 €0 -€400 -100.0%
Other amounts receivable 41 €277 €5,963 +€5,687 +2053.0%
Cash at bank and in hand 54/58 €6,562 €13,573 +€7,011 +106.8%
Deferred charges and accrued income 490/1 €11,168 €280 -€10,887 -97.5%
Total equity and liabilities 10/49 €85,835 €85,985 +€150 +0.2%
Equity 10/15 €16,105 €11,415 -€4,690 -29.1%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €9,415 €9,415 = 0.0%
Distributable reserves 133 €9,415 €9,415 = 0.0%
Profit (loss) carried forward 14 €4,690 €0 -€4,690 -100.0%
Amounts payable 17/49 €69,731 €74,570 +€4,839 +6.9%
Amounts payable after more than one year 17 €54,426 €51,491 -€2,935 -5.4%
Financial debts 170/4 €54,426 €51,491 -€2,935 -5.4%
Amounts payable within one year 42/48 €15,305 €23,080 +€7,774 +50.8%
Current portion of amounts payable after more than one year 42 €3,735 €2,935 -€800 -21.4%
Trade debts 44 €10,646 €405 -€10,241 -96.2%
Suppliers 440/4 €10,646 €405 -€10,241 -96.2%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €924 €19,740 +€18,816 +2037.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,533 €2,547 +€14 +0.5%
Other operating charges 640/8 €1,039 €1,255 +€215 +20.7%
Non-recurring operating charges 66A - €8,633 +€8,633
Gross operating margin 9900 €12,436 €36,001 +€23,564 +189.5%
Operating profit (loss) 9901 €8,864 €23,566 +€14,702 +165.9%
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €1,546 €2,716 +€1,170 +75.7%
Recurring financial charges 65 €1,546 €2,716 +€1,170 +75.7%
Profit (loss) for the period before taxes 9903 €7,318 €20,850 +€13,532 +184.9%
Income taxes 67/77 €2,628 €5,814 +€3,186 +121.2%
Profit (loss) for the period 9904 €4,690 €15,037 +€10,347 +220.6%
Profit (loss) for the period to be appropriated 9905 €4,690 €15,037 +€10,347 +220.6%

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 30 September 2026 via checked.be.