RGI: 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.
RGI
Largest movements
- Tangible fixed assets -€28,302
down €28,302 (-30.5%), from €92,833 to €64,532
of which Furniture and vehicles: -€22,657
- Cash -€13,092
down €13,092 (-16.6%), from €78,895 to €65,803
mainly Contributions, distributions and other (-€19,000) and Current portion of long-term debt (-€16,819)
- Current portion of long-term debt -€16,819
down €16,819 (-68.2%), from €24,657 to €7,839
- Reserves -€10,947
down €10,947 (-6.8%), from €161,002 to €150,055
- Debts after one year -€7,839
down €7,839 (-15.5%), from €50,553 to €42,714
- Trade debts -€4,199
down €4,199 (-66.0%), from €6,366 to €2,167
- Gross operating margin -€13,335
down €13,335 (-25.6%), from €52,149 to €38,815
- Financial income +€4,440
up €4,440 (+853.0%), from €521 to €4,960
- Depreciation -€2,946
down €2,946 (-9.3%), from €31,673 to €28,727
- Taxes -€2,058
down €2,058 (-38.2%), from €5,387 to €3,329
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 | €266,008 | €225,804 | -€40,203 | -15.1% |
| Fixed assets | 21/28 | €98,359 | €69,632 | -€28,727 | -29.2% |
| Intangible fixed assets | 21 | €5,526 | €5,101 | -€425 | -7.7% |
| Tangible fixed assets | 22/27 | €92,833 | €64,532 | -€28,302 | -30.5% |
| Land and buildings | 22 | €60,841 | €55,196 | -€5,644 | -9.3% |
| Furniture and vehicles | 24 | €31,993 | €9,335 | -€22,657 | -70.8% |
| Current assets | 29/58 | €167,649 | €156,172 | -€11,477 | -6.8% |
| Amounts receivable within one year | 40/41 | €25,822 | €25,035 | -€787 | -3.0% |
| Trade receivables | 40 | €14,568 | €12,731 | -€1,838 | -12.6% |
| Other amounts receivable | 41 | €11,253 | €12,304 | +€1,051 | +9.3% |
| Current investments | 50/53 | €61,089 | €63,617 | +€2,528 | +4.1% |
| Cash at bank and in hand | 54/58 | €78,895 | €65,803 | -€13,092 | -16.6% |
| Deferred charges and accrued income | 490/1 | €1,843 | €1,717 | -€126 | -6.8% |
| Total equity and liabilities | 10/49 | €266,008 | €225,804 | -€40,203 | -15.1% |
| Equity | 10/15 | €175,262 | €164,315 | -€10,947 | -6.2% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €161,002 | €150,055 | -€10,947 | -6.8% |
| Distributable reserves | 133 | €161,002 | €150,055 | -€10,947 | -6.8% |
| Amounts payable | 17/49 | €90,746 | €61,490 | -€29,257 | -32.2% |
| Amounts payable after more than one year | 17 | €50,553 | €42,714 | -€7,839 | -15.5% |
| Financial debts | 170/4 | €50,553 | €42,714 | -€7,839 | -15.5% |
| Amounts payable within one year | 42/48 | €40,193 | €18,776 | -€21,418 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €24,657 | €7,839 | -€16,819 | -68.2% |
| Trade debts | 44 | €6,366 | €2,167 | -€4,199 | -66.0% |
| Suppliers | 440/4 | €6,366 | €2,167 | -€4,199 | -66.0% |
| Taxes, remuneration and social security | 45 | €9,170 | €8,770 | -€400 | -4.4% |
| Taxes | 450/3 | €9,170 | €8,770 | -€400 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,673 | €28,727 | -€2,946 | -9.3% |
| Other operating charges | 640/8 | €2,171 | €2,257 | +€86 | +4.0% |
| Gross operating margin | 9900 | €52,149 | €38,815 | -€13,335 | -25.6% |
| Operating profit (loss) | 9901 | €18,305 | €7,831 | -€10,474 | -57.2% |
| Financial income | 75/76B | €521 | €4,960 | +€4,440 | +853.0% |
| Recurring financial income | 75 | €521 | €4,960 | +€4,440 | +853.0% |
| Financial charges | 65/66B | €1,896 | €1,409 | -€488 | -25.7% |
| Recurring financial charges | 65 | €1,896 | €1,409 | -€488 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €16,929 | €11,382 | -€5,547 | -32.8% |
| Income taxes | 67/77 | €5,387 | €3,329 | -€2,058 | -38.2% |
| Profit (loss) for the period | 9904 | €11,542 | €8,053 | -€3,489 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,542 | €8,053 | -€3,489 | -30.2% |
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 10 October 2026 via checked.be.