RCK-GROUP: 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.
RCK-GROUP
Largest movements
- Cash +€61,079
up €61,079 (+35.4%), from €172,760 to €233,839
mainly Receivables within one year (+€49,182) and Net result for the year (+€17,583)
- Receivables within one year -€49,182
down €49,182 (-53.2%), from €92,416 to €43,234
of which Other amounts receivable: -€72,360
- Reserves +€17,583
up €17,583 (+17.1%), from €102,828 to €120,411
- Trade debts -€16,240
down €16,240 (-13.9%), from €116,460 to €100,221
- Tax, wage and social debts +€7,844
up €7,844 (+16.0%), from €48,947 to €56,791
of which Taxes: +€8,588
- Accrued charges and deferred income +€3,807
up €3,807 (+39.5%), from €9,628 to €13,435
- Staff costs -€9,637
down €9,637 (-2.3%), from €421,682 to €412,045
- Gross operating margin -€8,057
down €8,057 (-1.7%), from €468,930 to €460,873
- Taxes +€5,587
new in 2025: €5,587
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 | €293,628 | €306,609 | +€12,981 | +4.4% |
| Fixed assets | 21/28 | €874 | €650 | -€224 | -25.6% |
| Tangible fixed assets | 22/27 | €824 | €600 | -€224 | -27.1% |
| Plant, machinery and equipment | 23 | €224 | €0 | -€224 | -100.0% |
| Other tangible fixed assets | 26 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €292,755 | €305,959 | +€13,204 | +4.5% |
| Stocks and contracts in progress | 3 | €9,295 | €11,673 | +€2,378 | +25.6% |
| Stocks | 30/36 | €9,295 | €11,673 | +€2,378 | +25.6% |
| Amounts receivable within one year | 40/41 | €92,416 | €43,234 | -€49,182 | -53.2% |
| Trade receivables | 40 | €2,897 | €26,076 | +€23,178 | +799.9% |
| Other amounts receivable | 41 | €89,518 | €17,158 | -€72,360 | -80.8% |
| Cash at bank and in hand | 54/58 | €172,760 | €233,839 | +€61,079 | +35.4% |
| Deferred charges and accrued income | 490/1 | €18,284 | €17,213 | -€1,071 | -5.9% |
| Total equity and liabilities | 10/49 | €293,628 | €306,609 | +€12,981 | +4.4% |
| Equity | 10/15 | €109,078 | €126,661 | +€17,583 | +16.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €102,828 | €120,411 | +€17,583 | +17.1% |
| Distributable reserves | 133 | €102,828 | €120,411 | +€17,583 | +17.1% |
| Amounts payable | 17/49 | €184,551 | €179,948 | -€4,603 | -2.5% |
| Amounts payable within one year | 42/48 | €174,923 | €166,513 | -€8,410 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €3,390 | €3,377 | -€14 | -0.4% |
| Trade debts | 44 | €116,460 | €100,221 | -€16,240 | -13.9% |
| Suppliers | 440/4 | €116,460 | €100,221 | -€16,240 | -13.9% |
| Taxes, remuneration and social security | 45 | €48,947 | €56,791 | +€7,844 | +16.0% |
| Taxes | 450/3 | €2,491 | €11,079 | +€8,588 | +344.7% |
| Remuneration and social security | 454/9 | €46,456 | €45,711 | -€744 | -1.6% |
| Other amounts payable | 47/48 | €6,125 | €6,125 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,628 | €13,435 | +€3,807 | +39.5% |
| Remuneration, social security and pensions | 62 | €421,682 | €412,045 | -€9,637 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €224 | -€113 | -33.6% |
| Other operating charges | 640/8 | €4,560 | €2,027 | -€2,533 | -55.5% |
| Non-recurring operating charges | 66A | - | €17,851 | +€17,851 | |
| Gross operating margin | 9900 | €468,930 | €460,873 | -€8,057 | -1.7% |
| Operating profit (loss) | 9901 | €42,351 | €28,725 | -€13,625 | -32.2% |
| Financial income | 75/76B | €0 | €147 | +€147 | |
| Recurring financial income | 75 | €0 | €147 | +€147 | |
| Financial charges | 65/66B | €7,148 | €5,703 | -€1,445 | -20.2% |
| Recurring financial charges | 65 | €7,148 | €5,703 | -€1,445 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €35,203 | €23,170 | -€12,033 | -34.2% |
| Income taxes | 67/77 | - | €5,587 | +€5,587 | |
| Profit (loss) for the period | 9904 | €35,203 | €17,583 | -€17,620 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,203 | €17,583 | -€17,620 | -50.1% |
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.