RL COSTE: 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.
RL COSTE
Largest movements
- Cash +€22,897
up €22,897 (+702%), from €3,260 to €26,156
mainly Depreciation (+€17,557) and Net result for the year (+€12,135)
- Tangible fixed assets -€13,326
down €13,326 (-19.4%), from €68,842 to €55,517
of which Furniture and vehicles: -€10,119
- Reserves +€31,686
new in 2025: €31,686
- Profit (loss) carried forward -€19,551
down €19,551 (-100%), from €19,551 to €0
- Debts after one year -€4,283
down €4,283 (-38.7%), from €11,063 to €6,780
- Tax, wage and social debts +€1,375
up €1,375 (+35.3%), from €3,894 to €5,269
of which Taxes: +€1,375
- Other debts +€855
up €855 (+2.7%), from €31,506 to €32,361
- Depreciation +€3,935
up €3,935 (+28.9%), from €13,622 to €17,557
- Gross operating margin +€2,268
up €2,268 (+6.7%), from €33,784 to €36,053
- Taxes +€896
up €896 (+25.1%), from €3,568 to €4,464
- Other operating charges -€880
down €880 (-42.8%), from €2,058 to €1,178
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 | €74,168 | €83,617 | +€9,449 | +12.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €68,842 | €55,517 | -€13,326 | -19.4% |
| Tangible fixed assets | 22/27 | €68,842 | €55,517 | -€13,326 | -19.4% |
| Plant, machinery and equipment | 23 | €26,508 | €23,410 | -€3,098 | -11.7% |
| Furniture and vehicles | 24 | €41,927 | €31,809 | -€10,119 | -24.1% |
| Other tangible fixed assets | 26 | €407 | €299 | -€109 | -26.7% |
| Current assets | 29/58 | €5,326 | €28,100 | +€22,775 | +428% |
| Stocks and contracts in progress | 3 | €1,036 | €930 | -€106 | -10.3% |
| Stocks | 30/36 | €1,036 | €930 | -€106 | -10.3% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,260 | €26,156 | +€22,897 | +702% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,014 | -€16 | -1.5% |
| Total equity and liabilities | 10/49 | €74,168 | €83,617 | +€9,449 | +12.7% |
| Equity | 10/15 | €22,551 | €34,686 | +€12,135 | +53.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €31,686 | +€31,686 | |
| Distributable reserves | 133 | - | €31,686 | +€31,686 | |
| Profit (loss) carried forward | 14 | €19,551 | €0 | -€19,551 | -100% |
| Amounts payable | 17/49 | €51,617 | €48,931 | -€2,686 | -5.2% |
| Amounts payable after more than one year | 17 | €11,063 | €6,780 | -€4,283 | -38.7% |
| Financial debts | 170/4 | €11,063 | €6,780 | -€4,283 | -38.7% |
| Amounts payable within one year | 42/48 | €40,555 | €42,152 | +€1,597 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €4,103 | €4,283 | +€180 | +4.4% |
| Trade debts | 44 | €1,051 | €238 | -€813 | -77.3% |
| Suppliers | 440/4 | €1,051 | €238 | -€813 | -77.3% |
| Taxes, remuneration and social security | 45 | €3,894 | €5,269 | +€1,375 | +35.3% |
| Taxes | 450/3 | €3,894 | €5,269 | +€1,375 | +35.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,506 | €32,361 | +€855 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,622 | €17,557 | +€3,935 | +28.9% |
| Other operating charges | 640/8 | €2,058 | €1,178 | -€880 | -42.8% |
| Gross operating margin | 9900 | €33,784 | €36,053 | +€2,268 | +6.7% |
| Operating profit (loss) | 9901 | €18,104 | €17,318 | -€787 | -4.3% |
| Financial income | 75/76B | €20 | €20 | +€0 | +0.3% |
| Recurring financial income | 75 | €20 | €20 | +€0 | +0.3% |
| Financial charges | 65/66B | €847 | €738 | -€109 | -12.8% |
| Recurring financial charges | 65 | €847 | €738 | -€109 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €17,277 | €16,599 | -€678 | -3.9% |
| Income taxes | 67/77 | €3,568 | €4,464 | +€896 | +25.1% |
| Profit (loss) for the period | 9904 | €13,709 | €12,135 | -€1,574 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,709 | €12,135 | -€1,574 | -11.5% |
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 25 October 2026 via checked.be.