RL&PC POWER: 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.
RL&PC POWER
Largest movements
- Receivables within one year +€58,213
up €58,213 (+449.8%), from €12,943 to €71,156
of which Trade receivables: +€70,858
- Deferred charges and accrued income -€55,974
down €55,974 (-51.4%), from €108,974 to €53,000
- Cash -€1,383
down €1,383 (-67.8%), from €2,040 to €657
mainly Receivables within one year (-€58,213) and Tax, wage and social debts (-€35,657)
- Tax, wage and social debts -€35,657
down €35,657 (-63.2%), from €56,377 to €20,720
of which Taxes: -€25,055
- Profit (loss) carried forward +€25,839
up €25,839 (+73.0%), from €35,416 to €61,255
- Other debts +€18,596
up €18,596 (+108.9%), from €17,077 to €35,673
- Trade debts -€7,922
down €7,922 (-71.1%), from €11,137 to €3,215
- Staff costs -€43,286
down €43,286 (-53.6%), from €80,700 to €37,414
- Gross operating margin +€4,312
up €4,312 (+7.1%), from €61,094 to €65,406
- Financial charges -€1,250
down €1,250 (-47.0%), from €2,657 to €1,407
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 | €126,008 | €126,863 | +€855 | +0.7% |
| Fixed assets | 21/28 | €2,050 | €2,050 | = | 0.0% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €123,958 | €124,813 | +€855 | +0.7% |
| Amounts receivable within one year | 40/41 | €12,943 | €71,156 | +€58,213 | +449.8% |
| Trade receivables | 40 | €298 | €71,156 | +€70,858 | +23792.3% |
| Other amounts receivable | 41 | €12,645 | - | -€12,645 | |
| Cash at bank and in hand | 54/58 | €2,040 | €657 | -€1,383 | -67.8% |
| Deferred charges and accrued income | 490/1 | €108,974 | €53,000 | -€55,974 | -51.4% |
| Total equity and liabilities | 10/49 | €126,008 | €126,863 | +€855 | +0.7% |
| Equity | 10/15 | €41,416 | €67,255 | +€25,839 | +62.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,416 | €61,255 | +€25,839 | +73.0% |
| Amounts payable | 17/49 | €84,591 | €59,608 | -€24,984 | -29.5% |
| Amounts payable within one year | 42/48 | €84,591 | €59,608 | -€24,984 | -29.5% |
| Trade debts | 44 | €11,137 | €3,215 | -€7,922 | -71.1% |
| Suppliers | 440/4 | €11,137 | €3,215 | -€7,922 | -71.1% |
| Taxes, remuneration and social security | 45 | €56,377 | €20,720 | -€35,657 | -63.2% |
| Taxes | 450/3 | €34,328 | €9,273 | -€25,055 | -73.0% |
| Remuneration and social security | 454/9 | €22,049 | €11,447 | -€10,602 | -48.1% |
| Other amounts payable | 47/48 | €17,077 | €35,673 | +€18,596 | +108.9% |
| Remuneration, social security and pensions | 62 | €80,700 | €37,414 | -€43,286 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34 | - | -€34 | |
| Other operating charges | 640/8 | €1,121 | €746 | -€374 | -33.4% |
| Gross operating margin | 9900 | €61,094 | €65,406 | +€4,312 | +7.1% |
| Operating profit (loss) | 9901 | -€20,759 | €27,246 | +€48,006 | |
| Financial charges | 65/66B | €2,657 | €1,407 | -€1,250 | -47.0% |
| Recurring financial charges | 65 | €2,657 | €1,407 | -€1,250 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,417 | €25,839 | +€49,256 | |
| Profit (loss) for the period | 9904 | -€23,417 | €25,839 | +€49,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,417 | €25,839 | +€49,256 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.