RJC'S HOLDING: 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.
RJC'S HOLDING
Largest movements
- Tangible fixed assets +€98,797
new in 2025: €98,797
- Cash +€92,894
up €92,894 (+2,346%), from €3,960 to €96,854
mainly Other debts (+€118,157) and Net result for the year (+€78,292)
- Receivables within one year +€48,400
up €48,400 (+200%), from €24,200 to €72,600
- Other debts +€118,157
up €118,157 (+129%), from €91,260 to €209,418
- Profit (loss) carried forward +€78,292
up €78,292 (+1,457%), from €5,375 to €83,667
- Tax, wage and social debts +€21,421
up €21,421 (+191%), from €11,213 to €32,635
of which Taxes: +€20,284
- Current portion of long-term debt +€20,244
up €20,244 (+26.4%), from €76,753 to €96,997
- Trade debts +€10,901
up €10,901 (+329%), from €3,311 to €14,212
- Gross operating margin +€119,931
up €119,931 (+1,234%), from €9,722 to €129,653
- Financial charges +€18,813
up €18,813 (+868%), from €2,167 to €20,981
- Taxes +€18,492
up €18,492 (+1,032%), from €1,792 to €20,284
- Other operating charges +€5,768
up €5,768 (+1,489%), from €387 to €6,156
- Depreciation +€3,941
new in 2025: €3,941
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 | €715,820 | €958,551 | +€242,731 | +33.9% |
| Fixed assets | 21/28 | €687,660 | €786,457 | +€98,797 | +14.4% |
| Tangible fixed assets | 22/27 | - | €98,797 | +€98,797 | |
| Furniture and vehicles | 24 | - | €98,797 | +€98,797 | |
| Financial fixed assets | 28 | €687,660 | €687,660 | = | 0.0% |
| Current assets | 29/58 | €28,160 | €172,094 | +€143,934 | +511% |
| Amounts receivable within one year | 40/41 | €24,200 | €72,600 | +€48,400 | +200% |
| Trade receivables | 40 | €24,200 | €72,600 | +€48,400 | +200% |
| Cash at bank and in hand | 54/58 | €3,960 | €96,854 | +€92,894 | +2,346% |
| Deferred charges and accrued income | 490/1 | - | €2,640 | +€2,640 | |
| Total equity and liabilities | 10/49 | €715,820 | €958,551 | +€242,731 | +33.9% |
| Equity | 10/15 | €7,875 | €86,167 | +€78,292 | +994% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,375 | €83,667 | +€78,292 | +1,457% |
| Amounts payable | 17/49 | €707,945 | €872,383 | +€164,439 | +23.2% |
| Amounts payable after more than one year | 17 | €523,247 | €517,320 | -€5,926 | -1.1% |
| Financial debts | 170/4 | €523,247 | €517,320 | -€5,926 | -1.1% |
| Amounts payable within one year | 42/48 | €182,538 | €353,262 | +€170,724 | +93.5% |
| Current portion of amounts payable after more than one year | 42 | €76,753 | €96,997 | +€20,244 | +26.4% |
| Trade debts | 44 | €3,311 | €14,212 | +€10,901 | +329% |
| Suppliers | 440/4 | €3,311 | €14,212 | +€10,901 | +329% |
| Taxes, remuneration and social security | 45 | €11,213 | €32,635 | +€21,421 | +191% |
| Taxes | 450/3 | €1,792 | €22,075 | +€20,284 | +1,132% |
| Remuneration and social security | 454/9 | €9,422 | €10,560 | +€1,138 | +12.1% |
| Other amounts payable | 47/48 | €91,260 | €209,418 | +€118,157 | +129% |
| Accrued charges and deferred income | 492/3 | €2,160 | €1,801 | -€359 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,941 | +€3,941 | |
| Other operating charges | 640/8 | €387 | €6,156 | +€5,768 | +1,489% |
| Gross operating margin | 9900 | €9,722 | €129,653 | +€119,931 | +1,234% |
| Operating profit (loss) | 9901 | €9,334 | €119,557 | +€110,223 | +1,181% |
| Financial charges | 65/66B | €2,167 | €20,981 | +€18,813 | +868% |
| Recurring financial charges | 65 | €2,167 | €20,981 | +€18,813 | +868% |
| Profit (loss) for the period before taxes | 9903 | €7,167 | €98,576 | +€91,409 | +1,275% |
| Income taxes | 67/77 | €1,792 | €20,284 | +€18,492 | +1,032% |
| Profit (loss) for the period | 9904 | €5,375 | €78,292 | +€72,917 | +1,357% |
| Profit (loss) for the period to be appropriated | 9905 | €5,375 | €78,292 | +€72,917 | +1,357% |
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 14 October 2026 via checked.be.