RGMAATWERK: what changed
What changed
RGMAATWERK
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€14,641
2024 · €12,790+€1,851
Equity
€60,130
2024 · €45,489+€14,641
Cash
€11,651
2024 · €13,344-€1,693
Balance sheet total
€208,441
2024 · €245,994-€37,553
Largest movements
Assets
- Receivables within one year -€28,400
down €28,400 (-74.4%), from €38,194 to €9,794
of which Trade receivables: -€18,626
- Tangible fixed assets -€21,655
down €21,655 (-11.5%), from €188,158 to €166,503
of which Leasing and similar rights: -€16,147
- Deferred charges and accrued income +€15,449
up €15,449 (+5,412%), from €285 to €15,734
Equity and liabilities
- Current portion of long-term debt -€27,879
down €27,879 (-58.7%), from €47,511 to €19,632
- Debts after one year -€19,632
down €19,632 (-16.2%), from €121,126 to €101,494
- Reserves +€14,641
up €14,641 (+35.3%), from €41,489 to €56,130
- Accrued charges and deferred income -€6,222
down €6,222 (-99.9%), from €6,229 to €7
- Tax, wage and social debts +€4,295
up €4,295 (+104%), from €4,148 to €8,443
Income statement
- Gross operating margin +€2,278
up €2,278 (+4.3%), from €52,950 to €55,228
- Depreciation +€1,876
up €1,876 (+7.5%), from €24,996 to €26,872
- Financial charges -€1,470
down €1,470 (-16.7%), from €8,793 to €7,323
- Other operating charges +€1,198
up €1,198 (+317%), from €378 to €1,577
- Taxes +€860
up €860 (+16.9%), from €5,073 to €5,933
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.
Result 2024
€12,790
Gross operating margin
+€2,278
Depreciation
-€1,876
Other operating charges
-€1,198
Other operating items
+€1,180
Financial income
+€858
Financial charges
+€1,470
Taxes
-€860
Result 2025
€14,641
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€52,925
Investment
-€5,217
Financing
-€49,401
Cash 2024
€13,344
From operations (derived)
+€52,925
Net result for the year
+€14,641
Depreciation
+€26,872
Stocks and contracts
+€1,254
Receivables within one year
+€28,400
Deferred charges and accrued income
-€15,449
Trade debts
-€1,358
Tax, wage and social debts
+€4,295
Other debts
+€491
Accrued charges and deferred income
-€6,222
Investment (derived)
-€5,217
Investment in fixed assets (net)
-€5,217
Financing
-€49,401
Debts after one year
-€19,632
Current portion of long-term debt
-€27,879
Short-term financial debts
-€1,889
Cash 2025
€11,651
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,994 | €208,441 | -€37,553 | -15.3% |
| Fixed assets | 21/28 | €188,158 | €166,503 | -€21,655 | -11.5% |
| Tangible fixed assets | 22/27 | €188,158 | €166,503 | -€21,655 | -11.5% |
| Land and buildings | 22 | €121,328 | €115,675 | -€5,653 | -4.7% |
| Plant, machinery and equipment | 23 | €5,508 | €7,588 | +€2,081 | +37.8% |
| Furniture and vehicles | 24 | €6,616 | €4,681 | -€1,935 | -29.3% |
| Leasing and similar rights | 25 | €54,706 | €38,559 | -€16,147 | -29.5% |
| Current assets | 29/58 | €57,836 | €41,938 | -€15,898 | -27.5% |
| Stocks and contracts in progress | 3 | €6,013 | €4,760 | -€1,254 | -20.8% |
| Stocks | 30/36 | €6,013 | €4,760 | -€1,254 | -20.8% |
| Amounts receivable within one year | 40/41 | €38,194 | €9,794 | -€28,400 | -74.4% |
| Trade receivables | 40 | €21,721 | €3,095 | -€18,626 | -85.8% |
| Other amounts receivable | 41 | €16,472 | €6,699 | -€9,774 | -59.3% |
| Cash at bank and in hand | 54/58 | €13,344 | €11,651 | -€1,693 | -12.7% |
| Deferred charges and accrued income | 490/1 | €285 | €15,734 | +€15,449 | +5,412% |
| Total equity and liabilities | 10/49 | €245,994 | €208,441 | -€37,553 | -15.3% |
| Equity | 10/15 | €45,489 | €60,130 | +€14,641 | +32.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €41,489 | €56,130 | +€14,641 | +35.3% |
| Distributable reserves | 133 | €41,489 | €56,130 | +€14,641 | +35.3% |
| Amounts payable | 17/49 | €200,506 | €148,312 | -€52,194 | -26.0% |
| Amounts payable after more than one year | 17 | €121,126 | €101,494 | -€19,632 | -16.2% |
| Financial debts | 170/4 | €121,126 | €101,494 | -€19,632 | -16.2% |
| Amounts payable within one year | 42/48 | €73,151 | €46,811 | -€26,340 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €47,511 | €19,632 | -€27,879 | -58.7% |
| Financial debts | 43 | €4,413 | €2,524 | -€1,889 | -42.8% |
| Credit institutions | 430/8 | €4,413 | €2,524 | -€1,889 | -42.8% |
| Trade debts | 44 | €10,775 | €9,417 | -€1,358 | -12.6% |
| Suppliers | 440/4 | €10,775 | €9,417 | -€1,358 | -12.6% |
| Taxes, remuneration and social security | 45 | €4,148 | €8,443 | +€4,295 | +104% |
| Taxes | 450/3 | €4,148 | €8,443 | +€4,295 | +104% |
| Other amounts payable | 47/48 | €6,304 | €6,795 | +€491 | +7.8% |
| Accrued charges and deferred income | 492/3 | €6,229 | €7 | -€6,222 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,996 | €26,872 | +€1,876 | +7.5% |
| Other operating charges | 640/8 | €378 | €1,577 | +€1,198 | +317% |
| Non-recurring operating charges | 66A | €1,180 | €0 | -€1,180 | -100% |
| Gross operating margin | 9900 | €52,950 | €55,228 | +€2,278 | +4.3% |
| Operating profit (loss) | 9901 | €26,396 | €26,779 | +€383 | +1.5% |
| Financial income | 75/76B | €260 | €1,118 | +€858 | +330% |
| Recurring financial income | 75 | €260 | €1,118 | +€858 | +330% |
| Financial charges | 65/66B | €8,793 | €7,323 | -€1,470 | -16.7% |
| Recurring financial charges | 65 | €8,793 | €7,323 | -€1,470 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €17,863 | €20,574 | +€2,711 | +15.2% |
| Income taxes | 67/77 | €5,073 | €5,933 | +€860 | +16.9% |
| Profit (loss) for the period | 9904 | €12,790 | €14,641 | +€1,851 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,790 | €14,641 | +€1,851 | +14.5% |
Next steps
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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 8 November 2026 via checked.be.