RG TRANSPORT: 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.
RG TRANSPORT
Largest movements
- Tangible fixed assets -€4,878
down €4,878 (-32.6%), from €14,946 to €10,068
- Receivables within one year -€4,455
down €4,455 (-6.2%), from €71,815 to €67,360
of which Trade receivables: -€25,654
- Cash -€1,990
down €1,990 (-12.3%), from €16,172 to €14,182
mainly Trade debts (-€45,662) and Contributions, distributions and other (-€21,265)
- Trade debts -€45,662
down €45,662 (-79.9%), from €57,177 to €11,515
- Tax, wage and social debts +€26,529
up €26,529 (+169%), from €15,689 to €42,219
of which Remuneration and social security: +€25,165
- Other debts +€13,471
up €13,471 (+91.5%), from €14,721 to €28,192
- Current portion of long-term debt -€5,876
down €5,876 (-70.5%), from €8,340 to €2,464
- Debts after one year -€2,464
no longer reported in 2025 (was €2,464)
- Gross operating margin +€66,132
up €66,132 (+144%), from €45,988 to €112,120
- Staff costs +€51,642
up €51,642 (+453%), from €11,402 to €63,044
- Depreciation -€8,767
down €8,767 (-65.8%), from €13,314 to €4,547
- Taxes +€6,497
up €6,497 (+4,657%), from €140 to €6,636
- Other operating charges +€5,966
up €5,966 (+80.7%), from €7,393 to €13,360
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 | €110,391 | €98,538 | -€11,852 | -10.7% |
| Fixed assets | 21/28 | €19,946 | €15,068 | -€4,878 | -24.5% |
| Tangible fixed assets | 22/27 | €14,946 | €10,068 | -€4,878 | -32.6% |
| Furniture and vehicles | 24 | €14,946 | €10,068 | -€4,878 | -32.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €90,444 | €83,470 | -€6,974 | -7.7% |
| Amounts receivable within one year | 40/41 | €71,815 | €67,360 | -€4,455 | -6.2% |
| Trade receivables | 40 | €71,815 | €46,161 | -€25,654 | -35.7% |
| Other amounts receivable | 41 | - | €21,199 | +€21,199 | |
| Cash at bank and in hand | 54/58 | €16,172 | €14,182 | -€1,990 | -12.3% |
| Deferred charges and accrued income | 490/1 | €2,458 | €1,928 | -€529 | -21.5% |
| Total equity and liabilities | 10/49 | €110,391 | €98,538 | -€11,852 | -10.7% |
| Equity | 10/15 | €12,000 | €12,000 | = | 0.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable | 17/49 | €98,391 | €86,538 | -€11,852 | -12.0% |
| Amounts payable after more than one year | 17 | €2,464 | - | -€2,464 | |
| Financial debts | 170/4 | €2,464 | - | -€2,464 | |
| Amounts payable within one year | 42/48 | €95,927 | €84,389 | -€11,537 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €8,340 | €2,464 | -€5,876 | -70.5% |
| Trade debts | 44 | €57,177 | €11,515 | -€45,662 | -79.9% |
| Suppliers | 440/4 | €57,177 | €11,515 | -€45,662 | -79.9% |
| Taxes, remuneration and social security | 45 | €15,689 | €42,219 | +€26,529 | +169% |
| Taxes | 450/3 | €11,457 | €12,821 | +€1,364 | +11.9% |
| Remuneration and social security | 454/9 | €4,233 | €29,398 | +€25,165 | +595% |
| Other amounts payable | 47/48 | €14,721 | €28,192 | +€13,471 | +91.5% |
| Accrued charges and deferred income | 492/3 | - | €2,149 | +€2,149 | |
| Remuneration, social security and pensions | 62 | €11,402 | €63,044 | +€51,642 | +453% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,314 | €4,547 | -€8,767 | -65.8% |
| Other operating charges | 640/8 | €7,393 | €13,360 | +€5,966 | +80.7% |
| Gross operating margin | 9900 | €45,988 | €112,120 | +€66,132 | +144% |
| Operating profit (loss) | 9901 | €13,879 | €31,169 | +€17,290 | +125% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,637 | €3,267 | -€2,370 | -42.0% |
| Recurring financial charges | 65 | €5,637 | €3,267 | -€2,370 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €8,241 | €27,901 | +€19,660 | +239% |
| Income taxes | 67/77 | €140 | €6,636 | +€6,497 | +4,657% |
| Profit (loss) for the period | 9904 | €8,102 | €21,265 | +€13,164 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €8,102 | €21,265 | +€13,164 | +162% |
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 19 October 2026 via checked.be.