RC-TECH: 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.
RC-TECH
Largest movements
- Cash +€108,263
up €108,263 (+151.0%), from €71,680 to €179,942
mainly Depreciation (+€62,062) and Net result for the year (+€33,228)
- Tangible fixed assets -€60,017
down €60,017 (-15.3%), from €391,680 to €331,663
of which Other tangible fixed assets: -€38,952
- Receivables within one year +€8,716
up €8,716 (+10.3%), from €84,569 to €93,286
of which Trade receivables: +€7,536
- Reserves +€33,228
up €33,228 (+10.9%), from €303,752 to €336,980
of which Distributable reserves: +€33,228
- Tax, wage and social debts +€19,393
up €19,393 (+206.2%), from €9,407 to €28,800
- Trade debts +€15,097
up €15,097 (+499.1%), from €3,025 to €18,122
- Debts after one year -€10,517
down €10,517 (-5.0%), from €212,071 to €201,554
- Gross operating margin +€29,288
up €29,288 (+31.8%), from €91,968 to €121,256
- Taxes +€8,978
up €8,978 (+98.5%), from €9,115 to €18,093
- Depreciation +€6,705
up €6,705 (+12.1%), from €55,357 to €62,062
- Other operating charges +€1,273
up €1,273 (+55.6%), from €2,287 to €3,560
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 | €551,577 | €608,973 | +€57,396 | +10.4% |
| Fixed assets | 21/28 | €391,680 | €331,663 | -€60,017 | -15.3% |
| Tangible fixed assets | 22/27 | €391,680 | €331,663 | -€60,017 | -15.3% |
| Plant, machinery and equipment | 23 | €18,548 | €14,267 | -€4,281 | -23.1% |
| Furniture and vehicles | 24 | €58,664 | €41,880 | -€16,784 | -28.6% |
| Other tangible fixed assets | 26 | €314,468 | €275,516 | -€38,952 | -12.4% |
| Current assets | 29/58 | €159,897 | €277,310 | +€117,413 | +73.4% |
| Amounts receivable within one year | 40/41 | €84,569 | €93,286 | +€8,716 | +10.3% |
| Trade receivables | 40 | €52,495 | €60,031 | +€7,536 | +14.4% |
| Other amounts receivable | 41 | €32,074 | €33,255 | +€1,181 | +3.7% |
| Cash at bank and in hand | 54/58 | €71,680 | €179,942 | +€108,263 | +151.0% |
| Deferred charges and accrued income | 490/1 | €3,649 | €4,082 | +€434 | +11.9% |
| Total equity and liabilities | 10/49 | €551,577 | €608,973 | +€57,396 | +10.4% |
| Equity | 10/15 | €316,752 | €349,980 | +€33,228 | +10.5% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €303,752 | €336,980 | +€33,228 | +10.9% |
| 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 | €301,892 | €335,120 | +€33,228 | +11.0% |
| Amounts payable | 17/49 | €234,825 | €258,993 | +€24,168 | +10.3% |
| Amounts payable after more than one year | 17 | €212,071 | €201,554 | -€10,517 | -5.0% |
| Financial debts | 170/4 | €212,071 | €201,554 | -€10,517 | -5.0% |
| Amounts payable within one year | 42/48 | €22,754 | €57,439 | +€34,685 | +152.4% |
| Current portion of amounts payable after more than one year | 42 | €10,322 | €10,517 | +€195 | +1.9% |
| Trade debts | 44 | €3,025 | €18,122 | +€15,097 | +499.1% |
| Suppliers | 440/4 | €3,025 | €18,122 | +€15,097 | +499.1% |
| Taxes, remuneration and social security | 45 | €9,407 | €28,800 | +€19,393 | +206.2% |
| Taxes | 450/3 | €9,407 | €28,800 | +€19,393 | +206.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,357 | €62,062 | +€6,705 | +12.1% |
| Other operating charges | 640/8 | €2,287 | €3,560 | +€1,273 | +55.6% |
| Gross operating margin | 9900 | €91,968 | €121,256 | +€29,288 | +31.8% |
| Operating profit (loss) | 9901 | €34,324 | €55,634 | +€21,310 | +62.1% |
| Financial income | 75/76B | €593 | €1 | -€592 | -99.8% |
| Recurring financial income | 75 | €593 | €1 | -€592 | -99.8% |
| Financial charges | 65/66B | €4,528 | €4,315 | -€213 | -4.7% |
| Recurring financial charges | 65 | €4,528 | €4,315 | -€213 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €30,390 | €51,321 | +€20,931 | +68.9% |
| Income taxes | 67/77 | €9,115 | €18,093 | +€8,978 | +98.5% |
| Profit (loss) for the period | 9904 | €21,275 | €33,228 | +€11,953 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,275 | €33,228 | +€11,953 | +56.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.