RLG Management: 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.
RLG Management
Largest movements
- Financial fixed assets +€22,567
new in 2025: €22,567
- Cash +€14,723
up €14,723 (+208.4%), from €7,064 to €21,787
mainly Debts after one year (+€22,567) and Net result for the year (+€12,830)
- Receivables within one year +€1,500
up €1,500 (+25.0%), from €6,000 to €7,500
- Debts after one year +€22,567
new in 2025: €22,567
- Profit (loss) carried forward +€12,087
up €12,087 (+127.1%), from €9,507 to €21,594
- Tax, wage and social debts +€2,895
up €2,895 (+108.3%), from €2,673 to €5,568
- Trade debts +€1,618
new in 2025: €1,618
- Other debts -€785
down €785 (-51.4%), from €1,528 to €743
- Gross operating margin +€5,302
up €5,302 (+37.9%), from €13,985 to €19,287
- Taxes +€2,895
up €2,895 (+108.3%), from €2,673 to €5,568
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 | €13,808 | €52,189 | +€38,382 | +278.0% |
| Formation expenses | 20 | €435 | - | -€435 | |
| Fixed assets | 21/28 | - | €22,567 | +€22,567 | |
| Financial fixed assets | 28 | - | €22,567 | +€22,567 | |
| Current assets | 29/58 | €13,372 | €29,623 | +€16,251 | +121.5% |
| Amounts receivable within one year | 40/41 | €6,000 | €7,500 | +€1,500 | +25.0% |
| Trade receivables | 40 | €6,000 | €7,500 | +€1,500 | +25.0% |
| Cash at bank and in hand | 54/58 | €7,064 | €21,787 | +€14,723 | +208.4% |
| Deferred charges and accrued income | 490/1 | €309 | €336 | +€27 | +8.8% |
| Total equity and liabilities | 10/49 | €13,808 | €52,189 | +€38,382 | +278.0% |
| Equity | 10/15 | €9,607 | €21,694 | +€12,087 | +125.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,507 | €21,594 | +€12,087 | +127.1% |
| Amounts payable | 17/49 | €4,200 | €30,495 | +€26,295 | +626.0% |
| Amounts payable after more than one year | 17 | - | €22,567 | +€22,567 | |
| Other amounts payable | 178/9 | - | €22,567 | +€22,567 | |
| Amounts payable within one year | 42/48 | €4,200 | €7,928 | +€3,728 | +88.8% |
| Trade debts | 44 | - | €1,618 | +€1,618 | |
| Suppliers | 440/4 | - | €1,618 | +€1,618 | |
| Taxes, remuneration and social security | 45 | €2,673 | €5,568 | +€2,895 | +108.3% |
| Taxes | 450/3 | €2,673 | €5,568 | +€2,895 | +108.3% |
| Other amounts payable | 47/48 | €1,528 | €743 | -€785 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €435 | -€157 | -26.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,985 | €19,287 | +€5,302 | +37.9% |
| Operating profit (loss) | 9901 | €13,005 | €18,452 | +€5,447 | +41.9% |
| Financial charges | 65/66B | €53 | €54 | +€1 | +2.5% |
| Recurring financial charges | 65 | €53 | €54 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €12,953 | €18,398 | +€5,445 | +42.0% |
| Income taxes | 67/77 | €2,673 | €5,568 | +€2,895 | +108.3% |
| Profit (loss) for the period | 9904 | €10,280 | €12,830 | +€2,550 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,280 | €12,830 | +€2,550 | +24.8% |
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 10 October 2026 via checked.be.