RLKN: 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.
RLKN
Largest movements
- Tangible fixed assets -€4,240
down €4,240 (-20.9%), from €20,255 to €16,015
of which Furniture and vehicles: -€3,629
- Deferred charges and accrued income -€3,493
down €3,493 (-21.4%), from €16,335 to €12,842
- Other debts +€17,286
up €17,286 (+20.3%), from €85,000 to €102,286
- Reserves -€16,648
no longer reported in 2025 (was €16,648)
- Tax, wage and social debts -€7,090
down €7,090 (-83.4%), from €8,499 to €1,409
- Gross operating margin +€20,360
up €20,360 (+16.6%), from €122,321 to €142,680
- Depreciation +€5,002
up €5,002 (+158.2%), from €3,162 to €8,165
- Taxes +€4,262
up €4,262 (+17.0%), from €25,005 to €29,267
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 | €113,465 | €106,491 | -€6,974 | -6.1% |
| Fixed assets | 21/28 | €20,255 | €16,015 | -€4,240 | -20.9% |
| Tangible fixed assets | 22/27 | €20,255 | €16,015 | -€4,240 | -20.9% |
| Furniture and vehicles | 24 | €18,943 | €15,315 | -€3,629 | -19.2% |
| Other tangible fixed assets | 26 | €1,312 | €700 | -€612 | -46.6% |
| Current assets | 29/58 | €93,210 | €90,476 | -€2,734 | -2.9% |
| Amounts receivable within one year | 40/41 | €21,156 | €20,823 | -€333 | -1.6% |
| Trade receivables | 40 | €15,097 | €18,090 | +€2,992 | +19.8% |
| Other amounts receivable | 41 | €6,058 | €2,733 | -€3,325 | -54.9% |
| Cash at bank and in hand | 54/58 | €55,720 | €56,811 | +€1,091 | +2.0% |
| Deferred charges and accrued income | 490/1 | €16,335 | €12,842 | -€3,493 | -21.4% |
| Total equity and liabilities | 10/49 | €113,465 | €106,491 | -€6,974 | -6.1% |
| Equity | 10/15 | €19,148 | €2,500 | -€16,648 | -86.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,648 | - | -€16,648 | |
| Distributable reserves | 133 | €16,648 | - | -€16,648 | |
| Amounts payable | 17/49 | €94,317 | €103,991 | +€9,674 | +10.3% |
| Amounts payable within one year | 42/48 | €94,317 | €103,991 | +€9,674 | +10.3% |
| Trade debts | 44 | €818 | €296 | -€523 | -63.9% |
| Suppliers | 440/4 | €818 | €296 | -€523 | -63.9% |
| Taxes, remuneration and social security | 45 | €8,499 | €1,409 | -€7,090 | -83.4% |
| Taxes | 450/3 | €8,499 | €1,409 | -€7,090 | -83.4% |
| Other amounts payable | 47/48 | €85,000 | €102,286 | +€17,286 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,162 | €8,165 | +€5,002 | +158.2% |
| Other operating charges | 640/8 | €875 | €689 | -€186 | -21.3% |
| Gross operating margin | 9900 | €122,321 | €142,680 | +€20,360 | +16.6% |
| Operating profit (loss) | 9901 | €118,284 | €133,827 | +€15,544 | +13.1% |
| Financial charges | 65/66B | €2,948 | €2,529 | -€419 | -14.2% |
| Recurring financial charges | 65 | €2,948 | €2,529 | -€419 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €115,335 | €131,298 | +€15,963 | +13.8% |
| Income taxes | 67/77 | €25,005 | €29,267 | +€4,262 | +17.0% |
| Profit (loss) for the period | 9904 | €90,330 | €102,031 | +€11,701 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,330 | €102,031 | +€11,701 | +13.0% |
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 12 October 2026 via checked.be.