RK-INVEST: what changed
What changed
RK-INVEST
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€384,646
2024 · €201,324+€183,322
Equity
€10.3m
2024 · €9.9m+€384,646
Cash
€73,982
2024 · €222,565-€148,583
Balance sheet total
€16.4m
2024 · €16.1m+€338,217
Largest movements
Assets
- Receivables within one year +€532,225
up €532,225 (+11.2%), from €4.8m to €5.3m
of which Other amounts receivable: +€532,477
Equity and liabilities
- Profit (loss) carried forward +€384,646
up €384,646 (+34.3%), from €1.1m to €1.5m
Income statement
- Gross operating margin +€184,608
up €184,608, from -€10,962 to €173,645
- Financial income -€15,855
down €15,855 (-6.2%), from €255,548 to €239,693
- Financial charges -€8,188
down €8,188 (-23.8%), from €34,369 to €26,181
- Depreciation -€6,360
down €6,360 (-82.5%), from €7,705 to €1,345
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
€201,324
Gross operating margin
+€184,608
Depreciation
+€6,360
Other operating charges
+€22
Financial income
-€15,855
Financial charges
+€8,188
Result 2025
€384,646
raises the resultlowers the result
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
-€99,007
Investment
€0
Financing
-€49,575
Cash 2024
€222,565
From operations (derived)
-€99,007
Net result for the year
+€384,646
Depreciation
+€1,345
Stocks and contracts
+€44,080
Receivables within one year
-€532,225
Trade debts
+€2,127
Tax, wage and social debts
+€1,020
Financing
-€49,575
Debts after one year
-€50,111
Current portion of long-term debt
+€535
Cash 2025
€73,982
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,103,727 | €16,441,944 | +€338,217 | +2.1% |
| Fixed assets | 21/28 | €2,499,336 | €2,497,991 | -€1,345 | -0.1% |
| Tangible fixed assets | 22/27 | €3,795 | €2,450 | -€1,345 | -35.4% |
| Plant, machinery and equipment | 23 | €3,795 | €2,450 | -€1,345 | -35.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,495,541 | €2,495,541 | = | 0.0% |
| Current assets | 29/58 | €13,604,391 | €13,943,954 | +€339,562 | +2.5% |
| Amounts receivable after more than one year | 29 | €7,375,000 | €7,375,000 | = | 0.0% |
| Other amounts receivable | 291 | €7,375,000 | €7,375,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €350,143 | €306,064 | -€44,080 | -12.6% |
| Stocks | 30/36 | €350,143 | €306,064 | -€44,080 | -12.6% |
| Amounts receivable within one year | 40/41 | €4,756,683 | €5,288,908 | +€532,225 | +11.2% |
| Trade receivables | 40 | €6,302 | €6,050 | -€252 | -4.0% |
| Other amounts receivable | 41 | €4,750,381 | €5,282,858 | +€532,477 | +11.2% |
| Current investments | 50/53 | €900,000 | €900,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €222,565 | €73,982 | -€148,583 | -66.8% |
| Total equity and liabilities | 10/49 | €16,103,727 | €16,441,944 | +€338,217 | +2.1% |
| Equity | 10/15 | €9,878,508 | €10,263,153 | +€384,646 | +3.9% |
| Contributions | 10/11 | €2,385,766 | €2,385,766 | = | 0.0% |
| Reserves | 13 | €6,369,946 | €6,369,946 | = | 0.0% |
| Tax-exempt reserves | 132 | €209,346 | €209,346 | = | 0.0% |
| Distributable reserves | 133 | €6,160,599 | €6,160,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,122,796 | €1,507,441 | +€384,646 | +34.3% |
| Amounts payable | 17/49 | €6,225,220 | €6,178,791 | -€46,429 | -0.7% |
| Amounts payable after more than one year | 17 | €5,567,490 | €5,517,379 | -€50,111 | -0.9% |
| Financial debts | 170/4 | €5,567,490 | €5,517,379 | -€50,111 | -0.9% |
| Amounts payable within one year | 42/48 | €652,730 | €656,412 | +€3,682 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €49,575 | €50,111 | +€535 | +1.1% |
| Financial debts | 43 | €600,000 | €600,000 | = | 0.0% |
| Credit institutions | 430/8 | €600,000 | €600,000 | = | 0.0% |
| Trade debts | 44 | €982 | €3,109 | +€2,127 | +216% |
| Suppliers | 440/4 | €982 | €3,109 | +€2,127 | +216% |
| Taxes, remuneration and social security | 45 | €2,172 | €3,192 | +€1,020 | +47.0% |
| Taxes | 450/3 | €2,172 | €3,192 | +€1,020 | +47.0% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,705 | €1,345 | -€6,360 | -82.5% |
| Other operating charges | 640/8 | €1,188 | €1,166 | -€22 | -1.8% |
| Gross operating margin | 9900 | -€10,962 | €173,645 | +€184,608 | |
| Operating profit (loss) | 9901 | -€19,855 | €171,134 | +€190,989 | |
| Financial income | 75/76B | €255,548 | €239,693 | -€15,855 | -6.2% |
| Recurring financial income | 75 | €255,548 | €239,693 | -€15,855 | -6.2% |
| Financial charges | 65/66B | €34,369 | €26,181 | -€8,188 | -23.8% |
| Recurring financial charges | 65 | €34,369 | €26,181 | -€8,188 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €201,324 | €384,646 | +€183,322 | +91.1% |
| Profit (loss) for the period | 9904 | €201,324 | €384,646 | +€183,322 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €201,324 | €384,646 | +€183,322 | +91.1% |
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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 3 November 2026 via checked.be.