RC-LG: 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-LG
Largest movements
- Cash -€21,522
down €21,522 (-53.3%), from €40,380 to €18,858
mainly Net result for the year (-€22,003) and Tax, wage and social debts (-€8,934)
- Receivables within one year -€13,756
down €13,756 (-81.1%), from €16,970 to €3,215
of which Trade receivables: -€13,816
- Tangible fixed assets +€3,587
up €3,587 (+63.6%), from €5,642 to €9,229
of which Land and buildings: +€5,511
- Profit (loss) carried forward -€22,003
down €22,003 (-31.2%), from -€70,502 to -€92,505
- Tax, wage and social debts -€8,934
down €8,934 (-45.0%), from €19,847 to €10,913
of which Remuneration and social security: -€6,767
- Trade debts -€5,895
down €5,895 (-26.7%), from €22,119 to €16,224
- Other debts +€5,523
up €5,523 (+12.1%), from €45,535 to €51,058
- Gross operating margin -€75,304
down €75,304 (-55.9%), from €134,672 to €59,368
- Staff costs -€60,211
down €60,211 (-44.2%), from €136,263 to €76,053
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 | €75,060 | €43,750 | -€31,310 | -41.7% |
| Fixed assets | 21/28 | €11,256 | €14,843 | +€3,587 | +31.9% |
| Tangible fixed assets | 22/27 | €5,642 | €9,229 | +€3,587 | +63.6% |
| Land and buildings | 22 | - | €5,511 | +€5,511 | |
| Plant, machinery and equipment | 23 | €3,532 | €2,303 | -€1,229 | -34.8% |
| Furniture and vehicles | 24 | €153 | - | -€153 | |
| Other tangible fixed assets | 26 | €1,957 | €1,416 | -€542 | -27.7% |
| Financial fixed assets | 28 | €5,614 | €5,614 | = | 0.0% |
| Current assets | 29/58 | €63,803 | €28,906 | -€34,897 | -54.7% |
| Stocks and contracts in progress | 3 | €4,050 | €3,751 | -€300 | -7.4% |
| Stocks | 30/36 | €4,050 | €3,751 | -€300 | -7.4% |
| Amounts receivable within one year | 40/41 | €16,970 | €3,215 | -€13,756 | -81.1% |
| Trade receivables | 40 | €16,692 | €2,877 | -€13,816 | -82.8% |
| Other amounts receivable | 41 | €278 | €338 | +€60 | +21.6% |
| Cash at bank and in hand | 54/58 | €40,380 | €18,858 | -€21,522 | -53.3% |
| Deferred charges and accrued income | 490/1 | €2,403 | €3,083 | +€680 | +28.3% |
| Total equity and liabilities | 10/49 | €75,060 | €43,750 | -€31,310 | -41.7% |
| Equity | 10/15 | -€12,442 | -€34,445 | -€22,003 | -177% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| 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 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,502 | -€92,505 | -€22,003 | -31.2% |
| Amounts payable | 17/49 | €87,501 | €78,195 | -€9,307 | -10.6% |
| Amounts payable within one year | 42/48 | €87,501 | €78,195 | -€9,307 | -10.6% |
| Trade debts | 44 | €22,119 | €16,224 | -€5,895 | -26.7% |
| Suppliers | 440/4 | €22,119 | €16,224 | -€5,895 | -26.7% |
| Taxes, remuneration and social security | 45 | €19,847 | €10,913 | -€8,934 | -45.0% |
| Taxes | 450/3 | €9,490 | €7,323 | -€2,167 | -22.8% |
| Remuneration and social security | 454/9 | €10,357 | €3,590 | -€6,767 | -65.3% |
| Other amounts payable | 47/48 | €45,535 | €51,058 | +€5,523 | +12.1% |
| Remuneration, social security and pensions | 62 | €136,263 | €76,053 | -€60,211 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,340 | €3,161 | -€1,179 | -27.2% |
| Other operating charges | 640/8 | €908 | €885 | -€23 | -2.5% |
| Gross operating margin | 9900 | €134,672 | €59,368 | -€75,304 | -55.9% |
| Operating profit (loss) | 9901 | -€6,839 | -€20,731 | -€13,891 | -203% |
| Financial income | 75/76B | €182 | €107 | -€75 | -41.0% |
| Recurring financial income | 75 | €182 | €107 | -€75 | -41.0% |
| Financial charges | 65/66B | €152 | €1,078 | +€926 | +608% |
| Recurring financial charges | 65 | €152 | €1,078 | +€926 | +608% |
| Profit (loss) for the period before taxes | 9903 | -€6,810 | -€21,702 | -€14,892 | -219% |
| Income taxes | 67/77 | €337 | €302 | -€36 | -10.5% |
| Profit (loss) for the period | 9904 | -€7,147 | -€22,003 | -€14,856 | -208% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,147 | -€22,003 | -€14,856 | -208% |
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 24 October 2026 via checked.be.