RC Distribution: 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.
RC Distribution
Largest movements
- Tangible fixed assets -€5,107
down €5,107 (-9.1%), from €56,380 to €51,273
- Receivables within one year -€2,288
down €2,288 (-89.2%), from €2,566 to €278
of which Trade receivables: -€1,485
- Profit (loss) carried forward -€13,115
down €13,115 (-127.7%), from -€10,272 to -€23,386
- Other debts +€3,113
up €3,113 (+4.6%), from €67,583 to €70,697
- Trade debts +€2,554
up €2,554, from €0 to €2,554
- Gross operating margin -€7,156
down €7,156 (-46438.1%), from -€15 to -€7,172
- Other operating charges +€2,780
new in 2025: €2,780
- Financial charges -€232
down €232 (-97.5%), from €238 to €6
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 | €60,449 | €52,557 | -€7,892 | -13.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €57,380 | €52,273 | -€5,107 | -8.9% |
| Tangible fixed assets | 22/27 | €56,380 | €51,273 | -€5,107 | -9.1% |
| Plant, machinery and equipment | 23 | €56,380 | €51,273 | -€5,107 | -9.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €3,069 | €284 | -€2,785 | -90.7% |
| Amounts receivable within one year | 40/41 | €2,566 | €278 | -€2,288 | -89.2% |
| Trade receivables | 40 | €1,763 | €278 | -€1,485 | -84.3% |
| Other amounts receivable | 41 | €803 | - | -€803 | |
| Cash at bank and in hand | 54/58 | €503 | €7 | -€497 | -98.7% |
| Total equity and liabilities | 10/49 | €60,449 | €52,557 | -€7,892 | -13.1% |
| Equity | 10/15 | -€7,772 | -€20,886 | -€13,115 | -168.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,272 | -€23,386 | -€13,115 | -127.7% |
| Amounts payable | 17/49 | €68,221 | €73,444 | +€5,223 | +7.7% |
| Amounts payable within one year | 42/48 | €68,221 | €73,444 | +€5,223 | +7.7% |
| Trade debts | 44 | €0 | €2,554 | +€2,554 | |
| Suppliers | 440/4 | €0 | €2,554 | +€2,554 | |
| Taxes, remuneration and social security | 45 | €637 | €193 | -€444 | -69.7% |
| Taxes | 450/3 | €637 | €193 | -€444 | -69.7% |
| Other amounts payable | 47/48 | €67,583 | €70,697 | +€3,113 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €3,157 | -€58 | -1.8% |
| Other operating charges | 640/8 | - | €2,780 | +€2,780 | |
| Gross operating margin | 9900 | -€15 | -€7,172 | -€7,156 | -46438.1% |
| Operating profit (loss) | 9901 | -€3,230 | -€13,109 | -€9,878 | -305.8% |
| Financial charges | 65/66B | €238 | €6 | -€232 | -97.5% |
| Recurring financial charges | 65 | €238 | €6 | -€232 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,468 | -€13,115 | -€9,646 | -278.1% |
| Profit (loss) for the period | 9904 | -€3,468 | -€13,115 | -€9,646 | -278.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,468 | -€13,115 | -€9,646 | -278.1% |
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 10 October 2026 via checked.be.