RLB: 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.
RLB
Largest movements
- Tangible fixed assets -€78,103
down €78,103 (-7.7%), from €1.0m to €938,851
of which Land and buildings: -€62,401
- Cash +€28,477
up €28,477 (+143%), from €19,865 to €48,343
mainly Net result for the year (+€94,480) and Depreciation (+€78,103)
- Profit (loss) carried forward +€94,480
up €94,480 (+20.5%), from €460,945 to €555,424
- Other debts -€62,072
down €62,072 (-100.0%), from €62,097 to €25
- Debts after one year -€53,418
down €53,418 (-12.0%), from €443,437 to €390,019
of which Financial debts: -€53,418
- Tax, wage and social debts -€20,193
down €20,193 (-51.9%), from €38,922 to €18,729
of which Taxes: -€20,766
- Trade debts -€16,883
down €16,883 (-77.8%), from €21,707 to €4,824
- Gross operating margin -€75,262
down €75,262 (-19.2%), from €391,251 to €315,989
- Other operating charges -€19,218
down €19,218 (-55.3%), from €34,761 to €15,543
- Staff costs +€14,531
up €14,531 (+20.7%), from €70,305 to €84,836
- Taxes -€13,493
down €13,493 (-28.1%), from €48,036 to €34,543
- Depreciation +€12,169
up €12,169 (+18.5%), from €65,935 to €78,103
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 | €1,101,588 | €1,044,440 | -€57,148 | -5.2% |
| Fixed assets | 21/28 | €1,016,955 | €938,851 | -€78,103 | -7.7% |
| Tangible fixed assets | 22/27 | €1,016,955 | €938,851 | -€78,103 | -7.7% |
| Land and buildings | 22 | €987,307 | €924,906 | -€62,401 | -6.3% |
| Furniture and vehicles | 24 | €29,647 | €13,945 | -€15,703 | -53.0% |
| Current assets | 29/58 | €84,633 | €105,588 | +€20,955 | +24.8% |
| Amounts receivable within one year | 40/41 | €64,768 | €55,205 | -€9,563 | -14.8% |
| Trade receivables | 40 | €44,630 | €54,747 | +€10,117 | +22.7% |
| Other amounts receivable | 41 | €20,138 | €457 | -€19,681 | -97.7% |
| Cash at bank and in hand | 54/58 | €19,865 | €48,343 | +€28,477 | +143% |
| Deferred charges and accrued income | 490/1 | - | €2,041 | +€2,041 | |
| Total equity and liabilities | 10/49 | €1,101,588 | €1,044,440 | -€57,148 | -5.2% |
| Equity | 10/15 | €482,945 | €577,424 | +€94,480 | +19.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €460,945 | €555,424 | +€94,480 | +20.5% |
| Amounts payable | 17/49 | €618,643 | €467,015 | -€151,628 | -24.5% |
| Amounts payable after more than one year | 17 | €443,437 | €390,019 | -€53,418 | -12.0% |
| Financial debts | 170/4 | €439,837 | €386,419 | -€53,418 | -12.1% |
| Other amounts payable | 178/9 | €3,600 | €3,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,206 | €76,996 | -€98,210 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €52,479 | €53,418 | +€939 | +1.8% |
| Trade debts | 44 | €21,707 | €4,824 | -€16,883 | -77.8% |
| Suppliers | 440/4 | €21,707 | €4,824 | -€16,883 | -77.8% |
| Taxes, remuneration and social security | 45 | €38,922 | €18,729 | -€20,193 | -51.9% |
| Taxes | 450/3 | €28,980 | €8,214 | -€20,766 | -71.7% |
| Remuneration and social security | 454/9 | €9,942 | €10,515 | +€572 | +5.8% |
| Other amounts payable | 47/48 | €62,097 | €25 | -€62,072 | -100.0% |
| Remuneration, social security and pensions | 62 | €70,305 | €84,836 | +€14,531 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,935 | €78,103 | +€12,169 | +18.5% |
| Other operating charges | 640/8 | €34,761 | €15,543 | -€19,218 | -55.3% |
| Gross operating margin | 9900 | €391,251 | €315,989 | -€75,262 | -19.2% |
| Operating profit (loss) | 9901 | €220,250 | €137,506 | -€82,744 | -37.6% |
| Financial charges | 65/66B | €18,221 | €8,484 | -€9,737 | -53.4% |
| Recurring financial charges | 65 | €18,221 | €8,484 | -€9,737 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €202,029 | €129,022 | -€73,006 | -36.1% |
| Income taxes | 67/77 | €48,036 | €34,543 | -€13,493 | -28.1% |
| Profit (loss) for the period | 9904 | €153,993 | €94,480 | -€59,514 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €153,993 | €94,480 | -€59,514 | -38.6% |
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 14 October 2026 via checked.be.