RJL Development: 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.
RJL Development
Largest movements
- Tangible fixed assets +€108,401
up €108,401 (+63.4%), from €170,906 to €279,307
- Debts after one year +€106,720
up €106,720 (+55.9%), from €191,000 to €297,720
- Trade debts +€5,333
up €5,333 (+943.7%), from €565 to €5,898
- Profit (loss) carried forward -€3,401
down €3,401 (-43.1%), from -€7,893 to -€11,294
- Gross operating margin +€4,458
up €4,458 (+61.3%), from -€7,269 to -€2,811
- Financial charges +€281
up €281 (+149.4%), from €188 to €470
- Other operating charges -€250
down €250 (-57.3%), from €435 to €186
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 | €184,142 | €292,324 | +€108,182 | +58.7% |
| Fixed assets | 21/28 | €170,906 | €279,307 | +€108,401 | +63.4% |
| Tangible fixed assets | 22/27 | €170,906 | €279,307 | +€108,401 | +63.4% |
| Assets under construction and advance payments | 27 | €170,906 | €279,307 | +€108,401 | +63.4% |
| Current assets | 29/58 | €13,236 | €13,017 | -€219 | -1.7% |
| Amounts receivable within one year | 40/41 | €5,202 | €3,186 | -€2,017 | -38.8% |
| Other amounts receivable | 41 | €5,202 | €3,186 | -€2,017 | -38.8% |
| Cash at bank and in hand | 54/58 | €8,034 | €9,831 | +€1,798 | +22.4% |
| Total equity and liabilities | 10/49 | €184,142 | €292,324 | +€108,182 | +58.7% |
| Equity | 10/15 | -€7,893 | -€11,294 | -€3,401 | -43.1% |
| Profit (loss) carried forward | 14 | -€7,893 | -€11,294 | -€3,401 | -43.1% |
| Amounts payable | 17/49 | €192,035 | €303,618 | +€111,583 | +58.1% |
| Amounts payable after more than one year | 17 | €191,000 | €297,720 | +€106,720 | +55.9% |
| Financial debts | 170/4 | €191,000 | €297,720 | +€106,720 | +55.9% |
| Amounts payable within one year | 42/48 | €1,035 | €5,898 | +€4,863 | +469.8% |
| Trade debts | 44 | €565 | €5,898 | +€5,333 | +943.7% |
| Suppliers | 440/4 | €565 | €5,898 | +€5,333 | +943.7% |
| Other amounts payable | 47/48 | €470 | - | -€470 | |
| Other operating charges | 640/8 | €435 | €186 | -€250 | -57.3% |
| Gross operating margin | 9900 | -€7,269 | -€2,811 | +€4,458 | +61.3% |
| Operating profit (loss) | 9901 | -€7,705 | -€2,997 | +€4,708 | +61.1% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €188 | €470 | +€281 | +149.4% |
| Recurring financial charges | 65 | €188 | €470 | +€281 | +149.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,893 | -€3,401 | +€4,492 | +56.9% |
| Profit (loss) for the period | 9904 | -€7,893 | -€3,401 | +€4,492 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,893 | -€3,401 | +€4,492 | +56.9% |
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 5 October 2026 via checked.be.