RL TOITURES: 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 TOITURES
Largest movements
- Cash +€12,235
up €12,235 (+131%), from €9,350 to €21,585
mainly Depreciation (+€19,242) and Trade debts (+€8,412)
- Stocks and contracts -€7,666
down €7,666 (-33.3%), from €23,042 to €15,376
- Tangible fixed assets -€7,431
down €7,431 (-12.5%), from €59,342 to €51,911
of which Furniture and vehicles: -€4,063
- Receivables within one year +€5,297
up €5,297 (+38.7%), from €13,681 to €18,978
of which Other amounts receivable: +€7,755
- Deferred charges and accrued income -€3,915
down €3,915 (-58.6%), from €6,681 to €2,766
- Debts after one year -€14,601
down €14,601 (-34.8%), from €41,910 to €27,310
- Trade debts +€8,412
up €8,412 (+26.8%), from €31,372 to €39,784
- Short-term financial debts +€8,000
new in 2025: €8,000
- Tax, wage and social debts -€7,602
down €7,602 (-32.9%), from €23,132 to €15,530
of which Taxes: -€11,369
- Reserves +€1,943
up €1,943 (+32.8%), from €5,914 to €7,857
of which Distributable reserves: +€1,943
- Gross operating margin +€45,466
up €45,466 (+40.7%), from €111,731 to €157,197
- Staff costs +€30,868
up €30,868 (+37.7%), from €81,952 to €112,820
- Depreciation +€7,800
up €7,800 (+68.2%), from €11,442 to €19,242
- Taxes +€4,730
up €4,730 (+190%), from €2,489 to €7,219
- Financial charges +€2,024
up €2,024 (+20.4%), from €9,937 to €11,962
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 | €121,051 | €119,570 | -€1,481 | -1.2% |
| Fixed assets | 21/28 | €68,297 | €60,866 | -€7,431 | -10.9% |
| Tangible fixed assets | 22/27 | €59,342 | €51,911 | -€7,431 | -12.5% |
| Plant, machinery and equipment | 23 | €20,661 | €18,314 | -€2,347 | -11.4% |
| Furniture and vehicles | 24 | €33,755 | €29,692 | -€4,063 | -12.0% |
| Other tangible fixed assets | 26 | €4,926 | €3,905 | -€1,021 | -20.7% |
| Financial fixed assets | 28 | €8,955 | €8,955 | = | 0.0% |
| Current assets | 29/58 | €52,754 | €58,704 | +€5,950 | +11.3% |
| Stocks and contracts in progress | 3 | €23,042 | €15,376 | -€7,666 | -33.3% |
| Stocks | 30/36 | €23,042 | €15,376 | -€7,666 | -33.3% |
| Amounts receivable within one year | 40/41 | €13,681 | €18,978 | +€5,297 | +38.7% |
| Trade receivables | 40 | €7,732 | €5,274 | -€2,458 | -31.8% |
| Other amounts receivable | 41 | €5,949 | €13,704 | +€7,755 | +130% |
| Cash at bank and in hand | 54/58 | €9,350 | €21,585 | +€12,235 | +131% |
| Deferred charges and accrued income | 490/1 | €6,681 | €2,766 | -€3,915 | -58.6% |
| Total equity and liabilities | 10/49 | €121,051 | €119,570 | -€1,481 | -1.2% |
| Equity | 10/15 | €11,380 | €14,057 | +€2,676 | +23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,914 | €7,857 | +€1,943 | +32.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,054 | €5,997 | +€1,943 | +47.9% |
| Profit (loss) carried forward | 14 | -€734 | - | +€734 | |
| Amounts payable | 17/49 | €109,670 | €105,514 | -€4,157 | -3.8% |
| Amounts payable after more than one year | 17 | €41,910 | €27,310 | -€14,601 | -34.8% |
| Financial debts | 170/4 | €41,910 | €27,310 | -€14,601 | -34.8% |
| Amounts payable within one year | 42/48 | €67,760 | €78,204 | +€10,444 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €13,256 | €14,601 | +€1,345 | +10.1% |
| Financial debts | 43 | - | €8,000 | +€8,000 | |
| Credit institutions | 430/8 | - | €8,000 | +€8,000 | |
| Trade debts | 44 | €31,372 | €39,784 | +€8,412 | +26.8% |
| Suppliers | 440/4 | €31,372 | €39,784 | +€8,412 | +26.8% |
| Taxes, remuneration and social security | 45 | €23,132 | €15,530 | -€7,602 | -32.9% |
| Taxes | 450/3 | €17,504 | €6,135 | -€11,369 | -64.9% |
| Remuneration and social security | 454/9 | €5,628 | €9,395 | +€3,767 | +66.9% |
| Other amounts payable | 47/48 | - | €289 | +€289 | |
| Non-recurring operating income | 76A | €4,464 | - | -€4,464 | |
| Remuneration, social security and pensions | 62 | €81,952 | €112,820 | +€30,868 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,442 | €19,242 | +€7,800 | +68.2% |
| Other operating charges | 640/8 | €4,396 | €3,343 | -€1,053 | -23.9% |
| Non-recurring operating charges | 66A | €6,948 | - | -€6,948 | |
| Gross operating margin | 9900 | €111,731 | €157,197 | +€45,466 | +40.7% |
| Operating profit (loss) | 9901 | €6,993 | €21,792 | +€14,798 | +212% |
| Financial income | 75/76B | €237 | €65 | -€172 | -72.6% |
| Recurring financial income | 75 | €237 | €65 | -€172 | -72.6% |
| Financial charges | 65/66B | €9,937 | €11,962 | +€2,024 | +20.4% |
| Recurring financial charges | 65 | €9,937 | €11,962 | +€2,024 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,707 | €9,895 | +€12,602 | |
| Income taxes | 67/77 | €2,489 | €7,219 | +€4,730 | +190% |
| Profit (loss) for the period | 9904 | -€5,196 | €2,676 | +€7,872 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,196 | €2,676 | +€7,872 |
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 23 October 2026 via checked.be.