RC TRANSPORT: 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 TRANSPORT
Largest movements
- Tangible fixed assets -€161,311
down €161,311 (-28.4%), from €567,864 to €406,553
of which Leasing and similar rights: -€152,776
- Cash +€62,458
up €62,458 (+117%), from €53,188 to €115,646
mainly Depreciation (+€188,185) and Net result for the year (+€25,318)
- Receivables within one year +€12,442
up €12,442 (+5.9%), from €211,286 to €223,729
of which Other amounts receivable: +€44,188
- Debts after one year -€116,212
down €116,212 (-24.4%), from €475,640 to €359,428
- Trade debts +€18,073
up €18,073 (+59.4%), from €30,414 to €48,487
- Reserves +€14,058
up €14,058 (+14.0%), from €100,302 to €114,360
of which Distributable reserves: +€14,058
- Tax, wage and social debts -€12,064
down €12,064 (-20.6%), from €58,635 to €46,570
of which Remuneration and social security: -€10,863
- Profit (loss) carried forward +€11,261
no longer reported in 2025 (was -€11,261)
- Depreciation -€34,256
down €34,256 (-15.4%), from €222,441 to €188,185
- Staff costs -€15,750
down €15,750 (-4.2%), from €379,331 to €363,581
- Financial charges -€7,378
down €7,378 (-18.8%), from €39,318 to €31,940
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 | €835,236 | €747,382 | -€87,854 | -10.5% |
| Fixed assets | 21/28 | €568,044 | €406,913 | -€161,131 | -28.4% |
| Tangible fixed assets | 22/27 | €567,864 | €406,553 | -€161,311 | -28.4% |
| Plant, machinery and equipment | 23 | €3,171 | €1,928 | -€1,242 | -39.2% |
| Furniture and vehicles | 24 | €7,985 | €692 | -€7,293 | -91.3% |
| Leasing and similar rights | 25 | €556,708 | €403,932 | -€152,776 | -27.4% |
| Financial fixed assets | 28 | €180 | €360 | +€180 | +100% |
| Current assets | 29/58 | €267,192 | €340,470 | +€73,277 | +27.4% |
| Amounts receivable within one year | 40/41 | €211,286 | €223,729 | +€12,442 | +5.9% |
| Trade receivables | 40 | €185,862 | €154,117 | -€31,746 | -17.1% |
| Other amounts receivable | 41 | €25,424 | €69,612 | +€44,188 | +174% |
| Cash at bank and in hand | 54/58 | €53,188 | €115,646 | +€62,458 | +117% |
| Deferred charges and accrued income | 490/1 | €2,718 | €1,095 | -€1,623 | -59.7% |
| Total equity and liabilities | 10/49 | €835,236 | €747,382 | -€87,854 | -10.5% |
| Equity | 10/15 | €107,641 | €132,960 | +€25,318 | +23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,302 | €114,360 | +€14,058 | +14.0% |
| 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 | €98,442 | €112,500 | +€14,058 | +14.3% |
| Profit (loss) carried forward | 14 | -€11,261 | - | +€11,261 | |
| Amounts payable | 17/49 | €727,595 | €614,423 | -€113,172 | -15.6% |
| Amounts payable after more than one year | 17 | €475,640 | €359,428 | -€116,212 | -24.4% |
| Financial debts | 170/4 | €475,640 | €359,428 | -€116,212 | -24.4% |
| Amounts payable within one year | 42/48 | €251,955 | €254,595 | +€2,640 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €161,964 | €152,624 | -€9,339 | -5.8% |
| Trade debts | 44 | €30,414 | €48,487 | +€18,073 | +59.4% |
| Suppliers | 440/4 | €30,414 | €48,487 | +€18,073 | +59.4% |
| Advances received on contracts in progress | 46 | €942 | €6,913 | +€5,970 | +634% |
| Taxes, remuneration and social security | 45 | €58,635 | €46,570 | -€12,064 | -20.6% |
| Taxes | 450/3 | €15,278 | €14,077 | -€1,201 | -7.9% |
| Remuneration and social security | 454/9 | €43,357 | €32,494 | -€10,863 | -25.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €84,250 | €56,595 | -€27,655 | -32.8% |
| Remuneration, social security and pensions | 62 | €379,331 | €363,581 | -€15,750 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,441 | €188,185 | -€34,256 | -15.4% |
| Other operating charges | 640/8 | €4,637 | €8,577 | +€3,940 | +85.0% |
| Non-recurring operating charges | 66A | €2,682 | €21,100 | +€18,418 | +687% |
| Gross operating margin | 9900 | €637,168 | €641,514 | +€4,346 | +0.7% |
| Operating profit (loss) | 9901 | €28,077 | €60,071 | +€31,994 | +114% |
| Financial income | 75/76B | €915 | €1,042 | +€127 | +13.9% |
| Recurring financial income | 75 | €915 | €1,042 | +€127 | +13.9% |
| Financial charges | 65/66B | €39,318 | €31,940 | -€7,378 | -18.8% |
| Recurring financial charges | 65 | €39,318 | €31,940 | -€7,378 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,326 | €29,173 | +€39,498 | |
| Income taxes | 67/77 | €935 | €3,854 | +€2,920 | +312% |
| Profit (loss) for the period | 9904 | -€11,261 | €25,318 | +€36,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,261 | €25,318 | +€36,579 |
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 26 October 2026 via checked.be.