RIMBAUT: 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.
RIMBAUT
Largest movements
- Stocks and contracts +€131,843
up €131,843 (+57.0%), from €231,306 to €363,149
- Tangible fixed assets -€81,659
down €81,659 (-14.6%), from €559,641 to €477,983
of which Land and buildings: -€56,930
- Current investments +€62,555
up €62,555 (+32.4%), from €193,339 to €255,894
- Cash -€42,220
down €42,220 (-10.3%), from €408,481 to €366,262
mainly Stocks and contracts (-€131,843) and Contributions, distributions and other (-€102,379)
- Receivables within one year +€25,238
up €25,238 (+68.1%), from €37,033 to €62,271
- Reserves +€120,087
up €120,087 (+10.7%), from €1.1m to €1.2m
of which Distributable reserves: +€122,456
- Current portion of long-term debt -€44,445
no longer reported in 2025 (was €44,445)
- Tax, wage and social debts +€23,509
up €23,509 (+38.4%), from €61,188 to €84,697
of which Taxes: +€24,177
- Trade debts -€15,810
down €15,810 (-44.2%), from €35,746 to €19,935
- Gross operating margin +€150,015
up €150,015 (+42.1%), from €356,521 to €506,536
- Taxes +€49,676
up €49,676 (+92.8%), from €53,544 to €103,220
- Staff costs +€6,363
up €6,363 (+6.4%), from €99,952 to €106,316
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 | €1,460,941 | €1,534,284 | +€73,343 | +5.0% |
| Fixed assets | 21/28 | €561,227 | €479,568 | -€81,659 | -14.6% |
| Tangible fixed assets | 22/27 | €559,641 | €477,983 | -€81,659 | -14.6% |
| Land and buildings | 22 | €475,193 | €418,263 | -€56,930 | -12.0% |
| Plant, machinery and equipment | 23 | €2,714 | €4,330 | +€1,616 | +59.5% |
| Furniture and vehicles | 24 | €81,734 | €55,390 | -€26,344 | -32.2% |
| Financial fixed assets | 28 | €1,586 | €1,586 | = | 0.0% |
| Current assets | 29/58 | €899,714 | €1,054,716 | +€155,002 | +17.2% |
| Stocks and contracts in progress | 3 | €231,306 | €363,149 | +€131,843 | +57.0% |
| Stocks | 30/36 | €231,306 | €363,149 | +€131,843 | +57.0% |
| Amounts receivable within one year | 40/41 | €37,033 | €62,271 | +€25,238 | +68.1% |
| Trade receivables | 40 | €37,033 | €62,271 | +€25,238 | +68.1% |
| Current investments | 50/53 | €193,339 | €255,894 | +€62,555 | +32.4% |
| Cash at bank and in hand | 54/58 | €408,481 | €366,262 | -€42,220 | -10.3% |
| Deferred charges and accrued income | 490/1 | €29,554 | €7,140 | -€22,414 | -75.8% |
| Total equity and liabilities | 10/49 | €1,460,941 | €1,534,284 | +€73,343 | +5.0% |
| Equity | 10/15 | €1,274,426 | €1,393,918 | +€119,492 | +9.4% |
| Contributions | 10/11 | €153,600 | €153,600 | = | 0.0% |
| Reserves | 13 | €1,118,285 | €1,238,372 | +€120,087 | +10.7% |
| Non-distributable reserves | 130/1 | €8,800 | €8,800 | = | 0.0% |
| Other | 1319 | €8,800 | €8,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,795 | €28,426 | -€2,369 | -7.7% |
| Distributable reserves | 133 | €1,078,690 | €1,201,146 | +€122,456 | +11.4% |
| Investment grants | 15 | €2,542 | €1,947 | -€595 | -23.4% |
| Provisions and deferred taxes | 16 | €7,895 | €7,288 | -€607 | -7.7% |
| Deferred taxes | 168 | €7,895 | €7,288 | -€607 | -7.7% |
| Amounts payable | 17/49 | €178,620 | €133,078 | -€45,542 | -25.5% |
| Amounts payable after more than one year | 17 | €24,100 | €24,100 | = | 0.0% |
| Financial debts | 170/4 | €24,100 | €24,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €145,629 | €108,882 | -€36,747 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €44,445 | - | -€44,445 | |
| Trade debts | 44 | €35,746 | €19,935 | -€15,810 | -44.2% |
| Suppliers | 440/4 | €35,746 | €19,935 | -€15,810 | -44.2% |
| Advances received on contracts in progress | 46 | €60 | €60 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €61,188 | €84,697 | +€23,509 | +38.4% |
| Taxes | 450/3 | €37,688 | €61,866 | +€24,177 | +64.2% |
| Remuneration and social security | 454/9 | €23,500 | €22,831 | -€669 | -2.8% |
| Other amounts payable | 47/48 | €4,190 | €4,190 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,891 | €96 | -€8,795 | -98.9% |
| Remuneration, social security and pensions | 62 | €99,952 | €106,316 | +€6,363 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,539 | €84,249 | -€3,290 | -3.8% |
| Other operating charges | 640/8 | €10,549 | €11,037 | +€489 | +4.6% |
| Gross operating margin | 9900 | €356,521 | €506,536 | +€150,015 | +42.1% |
| Operating profit (loss) | 9901 | €158,481 | €304,934 | +€146,453 | +92.4% |
| Financial income | 75/76B | €18,121 | €23,098 | +€4,977 | +27.5% |
| Recurring financial income | 75 | €18,121 | €23,098 | +€4,977 | +27.5% |
| Financial charges | 65/66B | €4,402 | €3,548 | -€854 | -19.4% |
| Recurring financial charges | 65 | €4,402 | €3,548 | -€854 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €172,200 | €324,484 | +€152,284 | +88.4% |
| Transfer from deferred taxes | 780 | €607 | €607 | = | 0.0% |
| Income taxes | 67/77 | €53,544 | €103,220 | +€49,676 | +92.8% |
| Profit (loss) for the period | 9904 | €119,263 | €221,871 | +€102,608 | +86.0% |
| Transfer from tax-exempt reserves | 789 | €2,369 | €2,369 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,632 | €224,240 | +€102,608 | +84.4% |
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 7 October 2026 via checked.be.