RG INVEST: what changed
RG INVEST
Largest movements
- Receivables within one year +€12,439
up €12,439 (+58.3%), from €21,322 to €33,761
of which Other amounts receivable: +€10,464
- Stocks and contracts +€9,843
up €9,843 (+131%), from €7,539 to €17,382
- Tangible fixed assets -€7,193
down €7,193 (-28.2%), from €25,494 to €18,300
of which Plant, machinery and equipment: -€4,860
- Cash -€3,852
down €3,852 (-19.7%), from €19,546 to €15,694
mainly Trade debts (-€26,340) and Net result for the year (-€15,190)
- Financial fixed assets +€1,800
new in 2025: €1,800
- Other debts +€54,008
up €54,008 (+395%), from €13,683 to €67,691
- Trade debts -€26,340
down €26,340 (-49.8%), from €52,884 to €26,544
- Profit (loss) carried forward -€15,190
down €15,190, from €15 to -€15,175
- Gross operating margin -€13,272
down €13,272, from €6,618 to -€6,654
- Depreciation +€1,387
up €1,387 (+23.9%), from €5,807 to €7,193
- Financial charges +€620
up €620 (+169%), from €367 to €988
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,901 | €86,937 | +€13,036 | +17.6% |
| Fixed assets | 21/28 | €25,494 | €20,100 | -€5,393 | -21.2% |
| Tangible fixed assets | 22/27 | €25,494 | €18,300 | -€7,193 | -28.2% |
| Plant, machinery and equipment | 23 | €20,412 | €15,552 | -€4,860 | -23.8% |
| Furniture and vehicles | 24 | €5,082 | €2,749 | -€2,333 | -45.9% |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €48,407 | €66,837 | +€18,430 | +38.1% |
| Stocks and contracts in progress | 3 | €7,539 | €17,382 | +€9,843 | +131% |
| Stocks | 30/36 | €7,539 | €17,382 | +€9,843 | +131% |
| Amounts receivable within one year | 40/41 | €21,322 | €33,761 | +€12,439 | +58.3% |
| Trade receivables | 40 | - | €1,976 | +€1,976 | |
| Other amounts receivable | 41 | €21,322 | €31,785 | +€10,464 | +49.1% |
| Cash at bank and in hand | 54/58 | €19,546 | €15,694 | -€3,852 | -19.7% |
| Total equity and liabilities | 10/49 | €73,901 | €86,937 | +€13,036 | +17.6% |
| Equity | 10/15 | €5,015 | -€10,175 | -€15,190 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15 | -€15,175 | -€15,190 | |
| Amounts payable | 17/49 | €68,885 | €97,112 | +€28,227 | +41.0% |
| Amounts payable within one year | 42/48 | €68,885 | €97,112 | +€28,227 | +41.0% |
| Trade debts | 44 | €52,884 | €26,544 | -€26,340 | -49.8% |
| Suppliers | 440/4 | €52,884 | €26,544 | -€26,340 | -49.8% |
| Taxes, remuneration and social security | 45 | €2,318 | €2,877 | +€559 | +24.1% |
| Taxes | 450/3 | €2,318 | €2,877 | +€559 | +24.1% |
| Other amounts payable | 47/48 | €13,683 | €67,691 | +€54,008 | +395% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,807 | €7,193 | +€1,387 | +23.9% |
| Other operating charges | 640/8 | €387 | €355 | -€32 | -8.3% |
| Gross operating margin | 9900 | €6,618 | -€6,654 | -€13,272 | |
| Operating profit (loss) | 9901 | €424 | -€14,202 | -€14,627 | |
| Financial charges | 65/66B | €367 | €988 | +€620 | +169% |
| Recurring financial charges | 65 | €367 | €988 | +€620 | +169% |
| Profit (loss) for the period before taxes | 9903 | €57 | -€15,190 | -€15,247 | |
| Income taxes | 67/77 | €42 | €0 | -€42 | -99.5% |
| Profit (loss) for the period | 9904 | €15 | -€15,190 | -€15,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €15 | -€15,190 | -€15,205 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.