RER 1211: 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.
RER 1211
Largest movements
- Intangible fixed assets -€73,275
down €73,275 (-28.6%), from €256,464 to €183,188
- Cash +€12,657
up €12,657 (+77.0%), from €16,431 to €29,088
mainly Depreciation (+€78,910) and Accrued charges and deferred income (+€3,450)
- Tangible fixed assets -€5,635
down €5,635 (-2.3%), from €243,769 to €238,134
of which Land and buildings: -€5,154
- Profit (loss) carried forward -€68,796
down €68,796 (-14.0%), from -€489,706 to -€558,502
- Gross operating margin -€3,658
down €3,658 (-15.7%), from €23,353 to €19,694
- Other operating charges +€2,919
up €2,919 (+61.4%), from €4,751 to €7,670
- Taxes -€785
down €785 (-29.1%), from €2,695 to €1,910
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 | €557,187 | €489,108 | -€68,079 | -12.2% |
| Fixed assets | 21/28 | €500,233 | €421,323 | -€78,910 | -15.8% |
| Intangible fixed assets | 21 | €256,464 | €183,188 | -€73,275 | -28.6% |
| Tangible fixed assets | 22/27 | €243,769 | €238,134 | -€5,635 | -2.3% |
| Land and buildings | 22 | €242,592 | €237,439 | -€5,154 | -2.1% |
| Furniture and vehicles | 24 | €1,177 | €696 | -€481 | -40.9% |
| Current assets | 29/58 | €56,954 | €67,785 | +€10,831 | +19.0% |
| Amounts receivable within one year | 40/41 | €39,801 | €38,170 | -€1,631 | -4.1% |
| Trade receivables | 40 | - | €3,169 | +€3,169 | |
| Other amounts receivable | 41 | €39,801 | €35,001 | -€4,800 | -12.1% |
| Cash at bank and in hand | 54/58 | €16,431 | €29,088 | +€12,657 | +77.0% |
| Deferred charges and accrued income | 490/1 | €722 | €527 | -€195 | -27.0% |
| Total equity and liabilities | 10/49 | €557,187 | €489,108 | -€68,079 | -12.2% |
| Equity | 10/15 | €549,216 | €480,420 | -€68,796 | -12.5% |
| Contributions | 10/11 | €1,038,922 | €1,038,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€489,706 | -€558,502 | -€68,796 | -14.0% |
| Amounts payable | 17/49 | €7,971 | €8,688 | +€717 | +9.0% |
| Amounts payable within one year | 42/48 | €7,228 | €4,495 | -€2,733 | -37.8% |
| Trade debts | 44 | €1,909 | €2,380 | +€472 | +24.7% |
| Suppliers | 440/4 | €1,909 | €2,380 | +€472 | +24.7% |
| Advances received on contracts in progress | 46 | €2,541 | - | -€2,541 | |
| Taxes, remuneration and social security | 45 | €2,778 | €2,115 | -€663 | -23.9% |
| Taxes | 450/3 | €2,778 | €2,115 | -€663 | -23.9% |
| Accrued charges and deferred income | 492/3 | €743 | €4,193 | +€3,450 | +464.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,695 | €78,910 | +€215 | +0.3% |
| Other operating charges | 640/8 | €4,751 | €7,670 | +€2,919 | +61.4% |
| Gross operating margin | 9900 | €23,353 | €19,694 | -€3,658 | -15.7% |
| Operating profit (loss) | 9901 | -€60,094 | -€66,885 | -€6,791 | -11.3% |
| Financial income | 75/76B | €0 | €68 | +€68 | +35684.2% |
| Recurring financial income | 75 | €0 | €65 | +€65 | +34368.4% |
| Non-recurring financial income | 76B | - | €3 | +€3 | |
| Financial charges | 65/66B | €67 | €69 | +€3 | +3.8% |
| Recurring financial charges | 65 | €67 | €69 | +€3 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€60,160 | -€66,886 | -€6,726 | -11.2% |
| Income taxes | 67/77 | €2,695 | €1,910 | -€785 | -29.1% |
| Profit (loss) for the period | 9904 | -€62,855 | -€68,796 | -€5,942 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,855 | -€68,796 | -€5,942 | -9.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.