Reliable Maintenance Solutions: 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.
Reliable Maintenance Solutions
Largest movements
- Tangible fixed assets +€67,307
up €67,307 (+698%), from €9,650 to €76,957
of which Furniture and vehicles: +€70,276
- Cash -€34,876
down €34,876 (-38.7%), from €90,149 to €55,273
mainly Contributions, distributions and other (-€186,864) and Investment in fixed assets (net) (-€76,433)
- Current investments +€29,037
up €29,037 (+15.4%), from €188,179 to €217,215
- Receivables within one year +€21,727
up €21,727 (+150%), from €14,456 to €36,183
of which Trade receivables: +€20,353
- Reserves -€171,615
down €171,615 (-91.8%), from €186,864 to €15,249
- Other debts +€158,834
up €158,834 (+185%), from €85,668 to €244,502
- Provisions +€46,001
new in 2025: €46,001
- Debts after one year +€40,396
new in 2025: €40,396
- Current portion of long-term debt +€12,604
new in 2025: €12,604
- Provisions +€46,001
new in 2025: €46,001
- Gross operating margin +€9,239
up €9,239 (+11.7%), from €79,016 to €88,255
- Taxes +€6,161
up €6,161 (+40.1%), from €15,369 to €21,530
- Depreciation +€3,920
up €3,920 (+75.3%), from €5,206 to €9,126
- Financial income +€3,581
up €3,581 (+169%), from €2,113 to €5,694
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 | €306,198 | €389,788 | +€83,590 | +27.3% |
| Fixed assets | 21/28 | €9,655 | €76,962 | +€67,307 | +697% |
| Tangible fixed assets | 22/27 | €9,650 | €76,957 | +€67,307 | +698% |
| Plant, machinery and equipment | 23 | €6,626 | €3,657 | -€2,969 | -44.8% |
| Furniture and vehicles | 24 | €3,024 | €73,300 | +€70,276 | +2,324% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €296,543 | €312,826 | +€16,283 | +5.5% |
| Amounts receivable within one year | 40/41 | €14,456 | €36,183 | +€21,727 | +150% |
| Trade receivables | 40 | €14,446 | €34,799 | +€20,353 | +141% |
| Other amounts receivable | 41 | €10 | €1,384 | +€1,374 | +13,353% |
| Current investments | 50/53 | €188,179 | €217,215 | +€29,037 | +15.4% |
| Cash at bank and in hand | 54/58 | €90,149 | €55,273 | -€34,876 | -38.7% |
| Deferred charges and accrued income | 490/1 | €3,759 | €4,154 | +€395 | +10.5% |
| Total equity and liabilities | 10/49 | €306,198 | €389,788 | +€83,590 | +27.3% |
| Equity | 10/15 | €205,464 | €33,849 | -€171,615 | -83.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,864 | €15,249 | -€171,615 | -91.8% |
| Distributable reserves | 133 | €186,864 | €15,249 | -€171,615 | -91.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €46,001 | +€46,001 | |
| Provisions for liabilities and charges | 160/5 | - | €46,001 | +€46,001 | |
| Other liabilities and charges | 164/5 | - | €46,001 | +€46,001 | |
| Amounts payable | 17/49 | €100,734 | €309,938 | +€209,204 | +208% |
| Amounts payable after more than one year | 17 | - | €40,396 | +€40,396 | |
| Financial debts | 170/4 | - | €40,396 | +€40,396 | |
| Amounts payable within one year | 42/48 | €100,610 | €269,374 | +€168,764 | +168% |
| Current portion of amounts payable after more than one year | 42 | - | €12,604 | +€12,604 | |
| Financial debts | 43 | €5,122 | €5,054 | -€69 | -1.3% |
| Credit institutions | 430/8 | €5,122 | €5,054 | -€69 | -1.3% |
| Trade debts | 44 | €513 | €2,018 | +€1,505 | +294% |
| Suppliers | 440/4 | €513 | €2,018 | +€1,505 | +294% |
| Taxes, remuneration and social security | 45 | €9,308 | €5,197 | -€4,111 | -44.2% |
| Taxes | 450/3 | €9,308 | €5,197 | -€4,111 | -44.2% |
| Other amounts payable | 47/48 | €85,668 | €244,502 | +€158,834 | +185% |
| Accrued charges and deferred income | 492/3 | €123 | €168 | +€44 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,206 | €9,126 | +€3,920 | +75.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €46,001 | +€46,001 | |
| Other operating charges | 640/8 | €1,976 | €1,288 | -€688 | -34.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €79,016 | €88,255 | +€9,239 | +11.7% |
| Operating profit (loss) | 9901 | €71,834 | €31,841 | -€39,994 | -55.7% |
| Financial income | 75/76B | €2,113 | €5,694 | +€3,581 | +169% |
| Recurring financial income | 75 | €2,113 | €5,694 | +€3,581 | +169% |
| Financial charges | 65/66B | €714 | €755 | +€42 | +5.8% |
| Recurring financial charges | 65 | €714 | €755 | +€42 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €73,233 | €36,779 | -€36,454 | -49.8% |
| Income taxes | 67/77 | €15,369 | €21,530 | +€6,161 | +40.1% |
| Profit (loss) for the period | 9904 | €57,864 | €15,249 | -€42,615 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,864 | €15,249 | -€42,615 | -73.6% |
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 21 October 2026 via checked.be.