RC SHOP: 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 SHOP
Largest movements
- Receivables within one year -€98,552
down €98,552 (-47.7%), from €206,433 to €107,881
of which Trade receivables: -€101,492
- Debts after one year -€61,850
down €61,850 (-4.1%), from €1.5m to €1.4m
of which Financial debts: -€68,000
- Reserves -€59,681
down €59,681 (-25.6%), from €233,484 to €173,804
of which Tax-exempt reserves: -€59,681
- Gross operating margin +€13,735
up €13,735 (+7.3%), from €188,944 to €202,678
- Financial income -€12,198
down €12,198 (-99.9%), from €12,210 to €13
of which Non-recurring financial income: -€12,210
- Financial charges +€5,289
up €5,289 (+9.0%), from €58,542 to €63,831
- Depreciation +€5,105
up €5,105 (+4.4%), from €115,494 to €120,600
- Other operating charges +€3,475
up €3,475 (+15.1%), from €23,038 to €26,513
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 | €5,084,713 | €4,967,576 | -€117,137 | -2.3% |
| Fixed assets | 21/28 | €4,541,504 | €4,539,738 | -€1,765 | 0.0% |
| Tangible fixed assets | 22/27 | €4,541,504 | €4,539,738 | -€1,765 | 0.0% |
| Land and buildings | 22 | €4,541,504 | €4,539,738 | -€1,765 | 0.0% |
| Current assets | 29/58 | €543,209 | €427,837 | -€115,372 | -21.2% |
| Amounts receivable within one year | 40/41 | €206,433 | €107,881 | -€98,552 | -47.7% |
| Trade receivables | 40 | €131,433 | €29,941 | -€101,492 | -77.2% |
| Other amounts receivable | 41 | €75,000 | €77,940 | +€2,940 | +3.9% |
| Cash at bank and in hand | 54/58 | €334,276 | €319,956 | -€14,320 | -4.3% |
| Deferred charges and accrued income | 490/1 | €2,500 | - | -€2,500 | |
| Total equity and liabilities | 10/49 | €5,084,713 | €4,967,576 | -€117,137 | -2.3% |
| Equity | 10/15 | €3,338,497 | €3,296,667 | -€41,830 | -1.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Contributions outside capital | 11 | €24,789 | €24,789 | = | 0.0% |
| Other | 1109/19 | €24,789 | €24,789 | = | 0.0% |
| Revaluation surpluses | 12 | €2,727,734 | €2,727,734 | = | 0.0% |
| Reserves | 13 | €233,484 | €173,804 | -€59,681 | -25.6% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €231,005 | €171,325 | -€59,681 | -25.8% |
| Profit (loss) carried forward | 14 | €352,489 | €370,339 | +€17,851 | +5.1% |
| Provisions and deferred taxes | 16 | €32,597 | €57,105 | +€24,508 | +75.2% |
| Deferred taxes | 168 | €32,597 | €57,105 | +€24,508 | +75.2% |
| Amounts payable | 17/49 | €1,713,619 | €1,613,804 | -€99,816 | -5.8% |
| Amounts payable after more than one year | 17 | €1,498,377 | €1,436,526 | -€61,850 | -4.1% |
| Financial debts | 170/4 | €1,498,377 | €1,430,376 | -€68,000 | -4.5% |
| Other amounts payable | 178/9 | - | €6,150 | +€6,150 | |
| Amounts payable within one year | 42/48 | €215,242 | €177,277 | -€37,965 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €122,372 | €127,086 | +€4,714 | +3.9% |
| Trade debts | 44 | €42,233 | €6,318 | -€35,915 | -85.0% |
| Suppliers | 440/4 | €42,233 | €6,318 | -€35,915 | -85.0% |
| Taxes, remuneration and social security | 45 | €49,657 | €43,873 | -€5,784 | -11.6% |
| Taxes | 450/3 | €49,657 | €43,873 | -€5,784 | -11.6% |
| Other amounts payable | 47/48 | €980 | - | -€980 | |
| Non-recurring operating income | 76A | - | €679 | +€679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,494 | €120,600 | +€5,105 | +4.4% |
| Other operating charges | 640/8 | €23,038 | €26,513 | +€3,475 | +15.1% |
| Gross operating margin | 9900 | €188,944 | €202,678 | +€13,735 | +7.3% |
| Operating profit (loss) | 9901 | €50,411 | €55,565 | +€5,154 | +10.2% |
| Financial income | 75/76B | €12,210 | €13 | -€12,198 | -99.9% |
| Recurring financial income | 75 | €12,210 | €13 | -€12,198 | -99.9% |
| Non-recurring financial income | 76B | €12,210 | - | -€12,210 | |
| Financial charges | 65/66B | €58,542 | €63,831 | +€5,289 | +9.0% |
| Recurring financial charges | 65 | €58,542 | €63,831 | +€5,289 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €4,079 | -€8,253 | -€12,332 | |
| Transfer from deferred taxes | 780 | €11,395 | €8,793 | -€2,602 | -22.8% |
| Income taxes | 67/77 | €12,142 | €9,068 | -€3,074 | -25.3% |
| Profit (loss) for the period | 9904 | €3,332 | -€8,529 | -€11,860 | |
| Transfer from tax-exempt reserves | 789 | €23,777 | €26,379 | +€2,602 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,109 | €17,851 | -€9,258 | -34.2% |
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 12 October 2026 via checked.be.