RGB-124: 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.
RGB-124
Largest movements
- Cash +€4,733
up €4,733 (+12.8%), from €37,067 to €41,801
mainly Trade debts (+€6,458) and Net result for the year (+€5,982)
- Tangible fixed assets -€2,684
down €2,684 (-70.4%), from €3,812 to €1,128
- Intangible fixed assets +€2,118
new in 2025: €2,118
- Trade debts +€6,458
up €6,458 (+2983.0%), from €217 to €6,675
- Tax, wage and social debts -€6,035
down €6,035 (-40.5%), from €14,896 to €8,861
of which Remuneration and social security: -€3,437
- Profit (loss) carried forward +€5,982
up €5,982 (+616.6%), from €970 to €6,952
- Other debts -€1,816
down €1,816 (-56.8%), from €3,198 to €1,382
- Gross operating margin -€14,918
down €14,918 (-23.0%), from €64,921 to €50,003
- Staff costs -€12,965
down €12,965 (-25.2%), from €51,433 to €38,469
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 | €41,315 | €45,869 | +€4,554 | +11.0% |
| Fixed assets | 21/28 | €3,812 | €3,246 | -€566 | -14.9% |
| Intangible fixed assets | 21 | - | €2,118 | +€2,118 | |
| Tangible fixed assets | 22/27 | €3,812 | €1,128 | -€2,684 | -70.4% |
| Furniture and vehicles | 24 | €3,812 | €1,128 | -€2,684 | -70.4% |
| Current assets | 29/58 | €37,503 | €42,623 | +€5,121 | +13.7% |
| Amounts receivable within one year | 40/41 | €243 | €522 | +€279 | +114.6% |
| Trade receivables | 40 | - | €123 | +€123 | |
| Other amounts receivable | 41 | €243 | €399 | +€156 | +63.9% |
| Cash at bank and in hand | 54/58 | €37,067 | €41,801 | +€4,733 | +12.8% |
| Deferred charges and accrued income | 490/1 | €192 | €301 | +€108 | +56.5% |
| Total equity and liabilities | 10/49 | €41,315 | €45,869 | +€4,554 | +11.0% |
| Equity | 10/15 | €22,970 | €28,952 | +€5,982 | +26.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €970 | €6,952 | +€5,982 | +616.6% |
| Amounts payable | 17/49 | €18,345 | €16,917 | -€1,427 | -7.8% |
| Amounts payable within one year | 42/48 | €18,345 | €16,917 | -€1,427 | -7.8% |
| Financial debts | 43 | €35 | - | -€35 | |
| Credit institutions | 430/8 | €35 | - | -€35 | |
| Trade debts | 44 | €217 | €6,675 | +€6,458 | +2983.0% |
| Suppliers | 440/4 | €217 | €6,675 | +€6,458 | +2983.0% |
| Taxes, remuneration and social security | 45 | €14,896 | €8,861 | -€6,035 | -40.5% |
| Taxes | 450/3 | €5,729 | €3,130 | -€2,598 | -45.4% |
| Remuneration and social security | 454/9 | €9,167 | €5,730 | -€3,437 | -37.5% |
| Other amounts payable | 47/48 | €3,198 | €1,382 | -€1,816 | -56.8% |
| Remuneration, social security and pensions | 62 | €51,433 | €38,469 | -€12,965 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,684 | €3,116 | +€432 | +16.1% |
| Other operating charges | 640/8 | - | €117 | +€117 | |
| Gross operating margin | 9900 | €64,921 | €50,003 | -€14,918 | -23.0% |
| Operating profit (loss) | 9901 | €10,804 | €8,301 | -€2,503 | -23.2% |
| Financial income | 75/76B | €30 | €14 | -€16 | -53.7% |
| Recurring financial income | 75 | €30 | €14 | -€16 | -53.7% |
| Financial charges | 65/66B | €218 | €232 | +€15 | +6.7% |
| Recurring financial charges | 65 | €218 | €232 | +€15 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €10,617 | €8,083 | -€2,534 | -23.9% |
| Income taxes | 67/77 | €2,648 | €2,101 | -€547 | -20.7% |
| Profit (loss) for the period | 9904 | €7,969 | €5,982 | -€1,987 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,969 | €5,982 | -€1,987 | -24.9% |
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.