RKN: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
RKN
Largest movements
- Receivables within one year +€76,209
up €76,209 (+181%), from €42,100 to €118,310
of which Trade receivables: +€75,130
- Tangible fixed assets -€11,200
down €11,200 (-30.6%), from €36,609 to €25,409
- Profit (loss) carried forward +€36,508
up €36,508 (+15.3%), from €238,630 to €275,137
- Tax, wage and social debts +€19,255
up €19,255 (+56.1%), from €34,323 to €53,578
of which Remuneration and social security: +€10,667
- Debts after one year +€16,902
up €16,902 (+4.3%), from €391,013 to €407,915
- Gross operating margin +€104,804
up €104,804 (+29.2%), from €359,430 to €464,235
- Staff costs +€66,169
up €66,169 (+24.4%), from €271,238 to €337,407
- Financial charges +€9,875
up €9,875 (+28.4%), from €34,748 to €44,624
- Taxes +€8,964
up €8,964 (+97.3%), from €9,218 to €18,182
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €796,559 | €861,786 | +€65,227 | +8.2% |
| Fixed assets | 21/28 | €728,629 | €717,429 | -€11,200 | -1.5% |
| Tangible fixed assets | 22/27 | €36,609 | €25,409 | -€11,200 | -30.6% |
| Plant, machinery and equipment | 23 | €13,062 | €8,625 | -€4,437 | -34.0% |
| Furniture and vehicles | 24 | €1,319 | €572 | -€747 | -56.6% |
| Leasing and similar rights | 25 | €11,505 | €11,022 | -€483 | -4.2% |
| Other tangible fixed assets | 26 | €10,722 | €5,189 | -€5,533 | -51.6% |
| Financial fixed assets | 28 | €692,020 | €692,020 | = | 0.0% |
| Current assets | 29/58 | €67,930 | €144,357 | +€76,427 | +113% |
| Stocks and contracts in progress | 3 | €907 | €450 | -€457 | -50.4% |
| Stocks | 30/36 | €907 | €450 | -€457 | -50.4% |
| Amounts receivable within one year | 40/41 | €42,100 | €118,310 | +€76,209 | +181% |
| Trade receivables | 40 | €23,220 | €98,350 | +€75,130 | +324% |
| Other amounts receivable | 41 | €18,880 | €19,960 | +€1,079 | +5.7% |
| Cash at bank and in hand | 54/58 | €20,980 | €23,365 | +€2,385 | +11.4% |
| Deferred charges and accrued income | 490/1 | €3,943 | €2,233 | -€1,710 | -43.4% |
| Total equity and liabilities | 10/49 | €796,559 | €861,786 | +€65,227 | +8.2% |
| Equity | 10/15 | €257,230 | €293,737 | +€36,508 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,630 | €275,137 | +€36,508 | +15.3% |
| Amounts payable | 17/49 | €539,329 | €568,049 | +€28,720 | +5.3% |
| Amounts payable after more than one year | 17 | €391,013 | €407,915 | +€16,902 | +4.3% |
| Financial debts | 170/4 | €391,013 | €407,915 | +€16,902 | +4.3% |
| Amounts payable within one year | 42/48 | €148,316 | €160,134 | +€11,818 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €55,333 | €53,620 | -€1,714 | -3.1% |
| Trade debts | 44 | €25,012 | €21,411 | -€3,601 | -14.4% |
| Suppliers | 440/4 | €25,012 | €21,411 | -€3,601 | -14.4% |
| Taxes, remuneration and social security | 45 | €34,323 | €53,578 | +€19,255 | +56.1% |
| Taxes | 450/3 | €9,944 | €18,532 | +€8,588 | +86.4% |
| Remuneration and social security | 454/9 | €24,379 | €35,046 | +€10,667 | +43.8% |
| Other amounts payable | 47/48 | €33,648 | €31,526 | -€2,123 | -6.3% |
| Remuneration, social security and pensions | 62 | €271,238 | €337,407 | +€66,169 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,226 | €20,798 | -€3,428 | -14.1% |
| Other operating charges | 640/8 | €7,869 | €6,722 | -€1,147 | -14.6% |
| Gross operating margin | 9900 | €359,430 | €464,235 | +€104,804 | +29.2% |
| Operating profit (loss) | 9901 | €56,098 | €99,308 | +€43,210 | +77.0% |
| Financial income | 75/76B | €1 | €5 | +€4 | +349% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +349% |
| Financial charges | 65/66B | €34,748 | €44,624 | +€9,875 | +28.4% |
| Recurring financial charges | 65 | €34,748 | €44,624 | +€9,875 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €21,351 | €54,689 | +€33,338 | +156% |
| Income taxes | 67/77 | €9,218 | €18,182 | +€8,964 | +97.3% |
| Profit (loss) for the period | 9904 | €12,133 | €36,508 | +€24,374 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €12,133 | €36,508 | +€24,374 | +201% |
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 1 November 2026 via checked.be.