RCON: 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.
RCON
Largest movements
- Tangible fixed assets -€17,623
down €17,623 (-90.2%), from €19,527 to €1,904
of which Furniture and vehicles: -€16,143
- Cash +€14,554
up €14,554 (+9.3%), from €156,017 to €170,571
mainly Net result for the year (+€71,337) and Other debts (+€64,333)
- Receivables within one year +€12,993
up €12,993 (+29.2%), from €44,538 to €57,532
of which Trade receivables: +€12,346
- Other debts +€64,333
up €64,333 (+83.7%), from €76,863 to €141,196
- Reserves -€56,997
down €56,997 (-43.8%), from €130,194 to €73,197
of which Distributable reserves: -€56,997
- Short-term financial debts -€4,045
no longer reported in 2025 (was €4,045)
- Trade debts +€3,476
up €3,476 (+1,073%), from €324 to €3,800
- Tax, wage and social debts +€3,158
up €3,158 (+36.5%), from €8,657 to €11,815
of which Remuneration and social security: +€1,730
- Gross operating margin +€8,655
up €8,655 (+9.3%), from €92,868 to €101,523
- Depreciation -€6,821
down €6,821 (-40.8%), from €16,707 to €9,886
- Financial income -€2,327
down €2,327 (-100.0%), from €2,327 to €0
- Taxes +€2,068
up €2,068 (+11.6%), from €17,889 to €19,957
- Financial charges -€1,332
down €1,332 (-86.1%), from €1,547 to €215
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 | €220,082 | €230,007 | +€9,925 | +4.5% |
| Fixed assets | 21/28 | €19,527 | €1,904 | -€17,623 | -90.2% |
| Tangible fixed assets | 22/27 | €19,527 | €1,904 | -€17,623 | -90.2% |
| Land and buildings | 22 | €2,601 | €1,517 | -€1,083 | -41.7% |
| Plant, machinery and equipment | 23 | €396 | - | -€396 | |
| Furniture and vehicles | 24 | €16,530 | €387 | -€16,143 | -97.7% |
| Current assets | 29/58 | €200,555 | €228,103 | +€27,547 | +13.7% |
| Amounts receivable within one year | 40/41 | €44,538 | €57,532 | +€12,993 | +29.2% |
| Trade receivables | 40 | €36,780 | €49,127 | +€12,346 | +33.6% |
| Other amounts receivable | 41 | €7,758 | €8,405 | +€647 | +8.3% |
| Cash at bank and in hand | 54/58 | €156,017 | €170,571 | +€14,554 | +9.3% |
| Total equity and liabilities | 10/49 | €220,082 | €230,007 | +€9,925 | +4.5% |
| Equity | 10/15 | €130,194 | €73,197 | -€56,997 | -43.8% |
| Reserves | 13 | €130,194 | €73,197 | -€56,997 | -43.8% |
| 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 | €128,334 | €71,337 | -€56,997 | -44.4% |
| Amounts payable | 17/49 | €89,888 | €156,810 | +€66,922 | +74.4% |
| Amounts payable within one year | 42/48 | €89,888 | €156,810 | +€66,922 | +74.4% |
| Financial debts | 43 | €4,045 | - | -€4,045 | |
| Credit institutions | 430/8 | €4,045 | - | -€4,045 | |
| Trade debts | 44 | €324 | €3,800 | +€3,476 | +1,073% |
| Suppliers | 440/4 | €324 | €3,800 | +€3,476 | +1,073% |
| Taxes, remuneration and social security | 45 | €8,657 | €11,815 | +€3,158 | +36.5% |
| Taxes | 450/3 | €8,657 | €10,085 | +€1,428 | +16.5% |
| Remuneration and social security | 454/9 | - | €1,730 | +€1,730 | |
| Other amounts payable | 47/48 | €76,863 | €141,196 | +€64,333 | +83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,707 | €9,886 | -€6,821 | -40.8% |
| Other operating charges | 640/8 | €1,074 | €130 | -€944 | -87.9% |
| Gross operating margin | 9900 | €92,868 | €101,523 | +€8,655 | +9.3% |
| Operating profit (loss) | 9901 | €75,087 | €91,508 | +€16,420 | +21.9% |
| Financial income | 75/76B | €2,327 | €0 | -€2,327 | -100.0% |
| Recurring financial income | 75 | €2,327 | €0 | -€2,327 | -100.0% |
| Financial charges | 65/66B | €1,547 | €215 | -€1,332 | -86.1% |
| Recurring financial charges | 65 | €1,547 | €215 | -€1,332 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €75,868 | €91,293 | +€15,425 | +20.3% |
| Income taxes | 67/77 | €17,889 | €19,957 | +€2,068 | +11.6% |
| Profit (loss) for the period | 9904 | €57,979 | €71,337 | +€13,357 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,979 | €71,337 | +€13,357 | +23.0% |
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 18 October 2026 via checked.be.