RG HOLDING: 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.
RG HOLDING
Largest movements
- Financial fixed assets +€19,469
up €19,469 (+1.7%), from €1.1m to €1.1m
- Debts after one year -€112,992
down €112,992 (-29.5%), from €382,677 to €269,686
- Profit (loss) carried forward +€99,771
up €99,771 (+40.6%), from €245,956 to €345,727
- Current portion of long-term debt +€12,985
up €12,985 (+12.0%), from €108,437 to €121,423
- Financial income -€60,000
down €60,000 (-40.0%), from €150,000 to €90,000
- Gross operating margin +€6,964
up €6,964 (+29.9%), from €23,264 to €30,228
- Financial charges -€5,369
down €5,369 (-22.8%), from €23,585 to €18,215
- Other operating charges +€1,323
up €1,323 (+684.2%), from €193 to €1,516
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 | €1,161,845 | €1,170,822 | +€8,977 | +0.8% |
| Formation expenses | 20 | €763 | €38 | -€725 | -95.1% |
| Fixed assets | 21/28 | €1,126,801 | €1,146,269 | +€19,469 | +1.7% |
| Financial fixed assets | 28 | €1,126,801 | €1,146,269 | +€19,469 | +1.7% |
| Current assets | 29/58 | €34,281 | €24,515 | -€9,766 | -28.5% |
| Amounts receivable within one year | 40/41 | €29,482 | €21,602 | -€7,880 | -26.7% |
| Trade receivables | 40 | €29,482 | €20,972 | -€8,510 | -28.9% |
| Other amounts receivable | 41 | - | €630 | +€630 | |
| Cash at bank and in hand | 54/58 | €4,742 | €318 | -€4,424 | -93.3% |
| Deferred charges and accrued income | 490/1 | €57 | €2,595 | +€2,538 | +4479.7% |
| Total equity and liabilities | 10/49 | €1,161,845 | €1,170,822 | +€8,977 | +0.8% |
| Equity | 10/15 | €355,956 | €455,727 | +€99,771 | +28.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €245,956 | €345,727 | +€99,771 | +40.6% |
| Amounts payable | 17/49 | €805,888 | €715,095 | -€90,794 | -11.3% |
| Amounts payable after more than one year | 17 | €382,677 | €269,686 | -€112,992 | -29.5% |
| Financial debts | 170/4 | €382,677 | €269,686 | -€112,992 | -29.5% |
| Amounts payable within one year | 42/48 | €423,211 | €445,409 | +€22,198 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €108,437 | €121,423 | +€12,985 | +12.0% |
| Trade debts | 44 | €1,219 | €3,050 | +€1,831 | +150.1% |
| Suppliers | 440/4 | €1,219 | €3,050 | +€1,831 | +150.1% |
| Taxes, remuneration and social security | 45 | €5,036 | €4,798 | -€238 | -4.7% |
| Taxes | 450/3 | €5,036 | €4,798 | -€238 | -4.7% |
| Other amounts payable | 47/48 | €308,519 | €316,139 | +€7,620 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725 | €725 | = | 0.0% |
| Other operating charges | 640/8 | €193 | €1,516 | +€1,323 | +684.2% |
| Gross operating margin | 9900 | €23,264 | €30,228 | +€6,964 | +29.9% |
| Operating profit (loss) | 9901 | €22,345 | €27,987 | +€5,641 | +25.2% |
| Financial income | 75/76B | €150,000 | €90,000 | -€60,000 | -40.0% |
| Recurring financial income | 75 | €150,000 | €90,000 | -€60,000 | -40.0% |
| Financial charges | 65/66B | €23,585 | €18,215 | -€5,369 | -22.8% |
| Recurring financial charges | 65 | €23,585 | €18,215 | -€5,369 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €148,760 | €99,771 | -€48,989 | -32.9% |
| Income taxes | 67/77 | €77 | €0 | -€77 | -100.0% |
| Profit (loss) for the period | 9904 | €148,684 | €99,771 | -€48,913 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €148,684 | €99,771 | -€48,913 | -32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.