RG Pools: 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 Pools
Largest movements
- Cash +€43,702
up €43,702 (+19.1%), from €228,253 to €271,955
mainly Depreciation (+€25,256) and Receivables within one year (+€17,456)
- Tangible fixed assets -€25,256
down €25,256 (-28.7%), from €88,026 to €62,770
of which Furniture and vehicles: -€19,725
- Receivables within one year -€17,456
down €17,456 (-82.7%), from €21,103 to €3,647
of which Trade receivables: -€9,925
- Stocks and contracts -€4,561
down €4,561 (-45.8%), from €9,955 to €5,394
- Other debts -€16,267
down €16,267 (-22.8%), from €71,297 to €55,030
- Reserves +€8,361
up €8,361 (+3.3%), from €249,942 to €258,303
- Profit (loss) carried forward +€3,937
no longer reported in 2025 (was -€3,937)
- Gross operating margin +€14,058
up €14,058 (+44.0%), from €31,984 to €46,042
- Taxes +€4,304
up €4,304 (+1868.3%), from €230 to €4,535
- Depreciation -€4,051
down €4,051 (-13.8%), from €29,306 to €25,256
- Financial charges -€1,424
down €1,424 (-24.2%), from €5,896 to €4,472
- Financial income +€964
up €964 (+396.7%), from €243 to €1,206
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 | €350,133 | €345,945 | -€4,188 | -1.2% |
| Fixed assets | 21/28 | €88,026 | €62,770 | -€25,256 | -28.7% |
| Tangible fixed assets | 22/27 | €88,026 | €62,770 | -€25,256 | -28.7% |
| Plant, machinery and equipment | 23 | €6,914 | €3,267 | -€3,647 | -52.7% |
| Furniture and vehicles | 24 | €69,021 | €49,296 | -€19,725 | -28.6% |
| Other tangible fixed assets | 26 | €12,091 | €10,207 | -€1,884 | -15.6% |
| Current assets | 29/58 | €262,107 | €283,175 | +€21,068 | +8.0% |
| Stocks and contracts in progress | 3 | €9,955 | €5,394 | -€4,561 | -45.8% |
| Stocks | 30/36 | €9,955 | €5,394 | -€4,561 | -45.8% |
| Amounts receivable within one year | 40/41 | €21,103 | €3,647 | -€17,456 | -82.7% |
| Trade receivables | 40 | €10,105 | €180 | -€9,925 | -98.2% |
| Other amounts receivable | 41 | €10,998 | €3,467 | -€7,531 | -68.5% |
| Cash at bank and in hand | 54/58 | €228,253 | €271,955 | +€43,702 | +19.1% |
| Deferred charges and accrued income | 490/1 | €2,796 | €2,179 | -€617 | -22.1% |
| Total equity and liabilities | 10/49 | €350,133 | €345,945 | -€4,188 | -1.2% |
| Equity | 10/15 | €276,005 | €288,303 | +€12,298 | +4.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €249,942 | €258,303 | +€8,361 | +3.3% |
| Distributable reserves | 133 | €249,942 | €258,303 | +€8,361 | +3.3% |
| Profit (loss) carried forward | 14 | -€3,937 | - | +€3,937 | |
| Amounts payable | 17/49 | €74,129 | €57,643 | -€16,486 | -22.2% |
| Amounts payable within one year | 42/48 | €74,129 | €57,643 | -€16,486 | -22.2% |
| Trade debts | 44 | €1,114 | €1,064 | -€50 | -4.5% |
| Suppliers | 440/4 | €1,114 | €1,064 | -€50 | -4.5% |
| Taxes, remuneration and social security | 45 | €1,718 | €1,549 | -€169 | -9.8% |
| Taxes | 450/3 | €1,718 | €1,549 | -€169 | -9.8% |
| Other amounts payable | 47/48 | €71,297 | €55,030 | -€16,267 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,306 | €25,256 | -€4,051 | -13.8% |
| Other operating charges | 640/8 | €731 | €688 | -€43 | -5.9% |
| Gross operating margin | 9900 | €31,984 | €46,042 | +€14,058 | +44.0% |
| Operating profit (loss) | 9901 | €1,947 | €20,098 | +€18,151 | +932.4% |
| Financial income | 75/76B | €243 | €1,206 | +€964 | +396.7% |
| Recurring financial income | 75 | €243 | €1,206 | +€964 | +396.7% |
| Financial charges | 65/66B | €5,896 | €4,472 | -€1,424 | -24.2% |
| Recurring financial charges | 65 | €5,896 | €4,472 | -€1,424 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,707 | €16,833 | +€20,539 | |
| Income taxes | 67/77 | €230 | €4,535 | +€4,304 | +1868.3% |
| Profit (loss) for the period | 9904 | -€3,937 | €12,298 | +€16,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,937 | €12,298 | +€16,235 |
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 6 October 2026 via checked.be.