RLB Systemen: 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 Systemen
Largest movements
- Receivables within one year -€467,571
down €467,571 (-58.6%), from €797,298 to €329,728
of which Other amounts receivable: -€522,578
- Stocks and contracts -€176,351
down €176,351 (-42.7%), from €412,601 to €236,250
- Intangible fixed assets -€41,819
down €41,819 (-31.9%), from €130,936 to €89,117
- Tangible fixed assets +€35,950
up €35,950 (+15.9%), from €226,104 to €262,053
of which Plant, machinery and equipment: +€53,358
- Short-term financial debts -€518,955
down €518,955 (-97.3%), from €533,569 to €14,614
- Profit (loss) carried forward -€414,936
down €414,936 (-73.3%), from -€566,221 to -€981,157
- Other debts +€408,557
up €408,557 (+3,336%), from €12,247 to €420,804
- Current portion of long-term debt -€202,119
down €202,119 (-67.3%), from €300,268 to €98,149
- Debts after one year +€98,091
up €98,091 (+231%), from €42,399 to €140,490
of which Financial debts: +€98,091
- Gross operating margin -€253,396
down €253,396 (-79.0%), from €320,872 to €67,476
- Staff costs -€51,015
down €51,015 (-14.6%), from €349,239 to €298,224
- Financial income -€22,993
down €22,993 (-74.3%), from €30,928 to €7,935
- Financial charges +€19,299
up €19,299 (+41.1%), from €46,929 to €66,228
- Other operating charges +€4,127
up €4,127 (+86.0%), from €4,797 to €8,924
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 | €1,665,018 | €1,016,584 | -€648,434 | -38.9% |
| Fixed assets | 21/28 | €361,439 | €355,570 | -€5,870 | -1.6% |
| Intangible fixed assets | 21 | €130,936 | €89,117 | -€41,819 | -31.9% |
| Tangible fixed assets | 22/27 | €226,104 | €262,053 | +€35,950 | +15.9% |
| Plant, machinery and equipment | 23 | €180,939 | €234,298 | +€53,358 | +29.5% |
| Furniture and vehicles | 24 | €11,481 | €4,523 | -€6,958 | -60.6% |
| Leasing and similar rights | 25 | €8,203 | €2,413 | -€5,790 | -70.6% |
| Other tangible fixed assets | 26 | €25,481 | €20,820 | -€4,661 | -18.3% |
| Financial fixed assets | 28 | €4,399 | €4,399 | = | 0.0% |
| Current assets | 29/58 | €1,303,579 | €661,014 | -€642,565 | -49.3% |
| Stocks and contracts in progress | 3 | €412,601 | €236,250 | -€176,351 | -42.7% |
| Stocks | 30/36 | €412,601 | €236,250 | -€176,351 | -42.7% |
| Amounts receivable within one year | 40/41 | €797,298 | €329,728 | -€467,571 | -58.6% |
| Trade receivables | 40 | €227,214 | €282,221 | +€55,008 | +24.2% |
| Other amounts receivable | 41 | €570,085 | €47,507 | -€522,578 | -91.7% |
| Cash at bank and in hand | 54/58 | €61,351 | €66,108 | +€4,757 | +7.8% |
| Deferred charges and accrued income | 490/1 | €32,329 | €28,928 | -€3,401 | -10.5% |
| Total equity and liabilities | 10/49 | €1,665,018 | €1,016,584 | -€648,434 | -38.9% |
| Equity | 10/15 | €67,104 | -€347,833 | -€414,936 | |
| Contributions | 10/11 | €406,200 | €406,200 | = | 0.0% |
| Reserves | 13 | €227,125 | €227,125 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €8,559 | €8,559 | = | 0.0% |
| Distributable reserves | 133 | €216,706 | €218,566 | +€1,860 | +0.9% |
| Profit (loss) carried forward | 14 | -€566,221 | -€981,157 | -€414,936 | -73.3% |
| Provisions and deferred taxes | 16 | €1,330 | €1,330 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,330 | €1,330 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,330 | €1,330 | = | 0.0% |
| Amounts payable | 17/49 | €1,596,584 | €1,363,086 | -€233,498 | -14.6% |
| Amounts payable after more than one year | 17 | €42,399 | €140,490 | +€98,091 | +231% |
| Financial debts | 170/4 | €42,149 | €140,240 | +€98,091 | +233% |
| Other amounts payable | 178/9 | €250 | €250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,552,935 | €1,222,597 | -€330,339 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €300,268 | €98,149 | -€202,119 | -67.3% |
| Financial debts | 43 | €533,569 | €14,614 | -€518,955 | -97.3% |
| Credit institutions | 430/8 | €533,569 | €14,614 | -€518,955 | -97.3% |
| Trade debts | 44 | €599,967 | €530,501 | -€69,466 | -11.6% |
| Suppliers | 440/4 | €599,967 | €530,501 | -€69,466 | -11.6% |
| Taxes, remuneration and social security | 45 | €106,885 | €158,529 | +€51,644 | +48.3% |
| Taxes | 450/3 | €45,982 | €63,073 | +€17,091 | +37.2% |
| Remuneration and social security | 454/9 | €60,903 | €95,456 | +€34,553 | +56.7% |
| Other amounts payable | 47/48 | €12,247 | €420,804 | +€408,557 | +3,336% |
| Accrued charges and deferred income | 492/3 | €1,250 | €0 | -€1,250 | -100% |
| Non-recurring operating income | 76A | €28,013 | €6,966 | -€21,047 | -75.1% |
| Remuneration, social security and pensions | 62 | €349,239 | €298,224 | -€51,015 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,028 | €116,192 | -€2,836 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,797 | €8,924 | +€4,127 | +86.0% |
| Non-recurring operating charges | 66A | €3,246 | €0 | -€3,246 | -100% |
| Gross operating margin | 9900 | €320,872 | €67,476 | -€253,396 | -79.0% |
| Operating profit (loss) | 9901 | -€155,439 | -€355,864 | -€200,425 | -129% |
| Financial income | 75/76B | €30,928 | €7,935 | -€22,993 | -74.3% |
| Recurring financial income | 75 | €30,928 | €7,935 | -€22,993 | -74.3% |
| Financial charges | 65/66B | €46,929 | €66,228 | +€19,299 | +41.1% |
| Recurring financial charges | 65 | €46,929 | €66,228 | +€19,299 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | -€171,439 | -€414,157 | -€242,717 | -142% |
| Income taxes | 67/77 | €797 | €780 | -€17 | -2.2% |
| Profit (loss) for the period | 9904 | -€172,236 | -€414,936 | -€242,700 | -141% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,236 | -€414,936 | -€242,700 | -141% |
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 21 October 2026 via checked.be.