RLL 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.
RLL MANAGEMENT
Largest movements
- Cash -€104,761
down €104,761 (-69.7%), from €150,303 to €45,542
mainly Contributions, distributions and other (-€223,279) and Investment in fixed assets (net) (-€79,173)
- Tangible fixed assets +€67,620
up €67,620 (+1,109%), from €6,099 to €73,718
- Receivables within one year -€22,782
down €22,782 (-44.3%), from €51,475 to €28,693
of which Other amounts receivable: -€21,223
- Profit (loss) carried forward -€169,348
down €169,348 (-100%), from €169,348 to €0
- Debts after one year +€51,654
new in 2025: €51,654
- Other debts +€25,431
up €25,431, from €0 to €25,431
- Tax, wage and social debts +€23,617
up €23,617 (+65.1%), from €36,275 to €59,891
- Current portion of long-term debt +€8,527
new in 2025: €8,527
- Gross operating margin +€9,848
up €9,848 (+13.5%), from €73,070 to €82,919
- Depreciation +€9,069
up €9,069 (+365%), from €2,485 to €11,554
- Financial charges +€1,998
up €1,998 (+1,446%), from €138 to €2,136
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 | €215,701 | €155,636 | -€60,064 | -27.8% |
| Fixed assets | 21/28 | €13,599 | €81,218 | +€67,620 | +497% |
| Tangible fixed assets | 22/27 | €6,099 | €73,718 | +€67,620 | +1,109% |
| Furniture and vehicles | 24 | €6,099 | €73,718 | +€67,620 | +1,109% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €202,102 | €74,418 | -€127,684 | -63.2% |
| Amounts receivable within one year | 40/41 | €51,475 | €28,693 | -€22,782 | -44.3% |
| Trade receivables | 40 | €29,101 | €27,541 | -€1,560 | -5.4% |
| Other amounts receivable | 41 | €22,375 | €1,152 | -€21,223 | -94.9% |
| Cash at bank and in hand | 54/58 | €150,303 | €45,542 | -€104,761 | -69.7% |
| Deferred charges and accrued income | 490/1 | €324 | €183 | -€140 | -43.3% |
| Total equity and liabilities | 10/49 | €215,701 | €155,636 | -€60,064 | -27.8% |
| Equity | 10/15 | €179,348 | €10,000 | -€169,348 | -94.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,348 | €0 | -€169,348 | -100% |
| Amounts payable | 17/49 | €36,352 | €145,636 | +€109,284 | +301% |
| Amounts payable after more than one year | 17 | - | €51,654 | +€51,654 | |
| Financial debts | 170/4 | - | €51,654 | +€51,654 | |
| Amounts payable within one year | 42/48 | €36,343 | €93,983 | +€57,639 | +159% |
| Current portion of amounts payable after more than one year | 42 | - | €8,527 | +€8,527 | |
| Trade debts | 44 | €69 | €133 | +€65 | +94.1% |
| Suppliers | 440/4 | €69 | €133 | +€65 | +94.1% |
| Taxes, remuneration and social security | 45 | €36,275 | €59,891 | +€23,617 | +65.1% |
| Taxes | 450/3 | €36,275 | €59,891 | +€23,617 | +65.1% |
| Other amounts payable | 47/48 | €0 | €25,431 | +€25,431 | |
| Accrued charges and deferred income | 492/3 | €9 | €0 | -€9 | -100% |
| Non-recurring operating income | 76A | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,485 | €11,554 | +€9,069 | +365% |
| Other operating charges | 640/8 | €106 | €180 | +€73 | +68.9% |
| Non-recurring operating charges | 66A | - | €379 | +€379 | |
| Gross operating margin | 9900 | €73,070 | €82,919 | +€9,848 | +13.5% |
| Operating profit (loss) | 9901 | €70,479 | €70,806 | +€327 | +0.5% |
| Financial income | 75/76B | €387 | €0 | -€387 | -100% |
| Recurring financial income | 75 | €387 | €0 | -€387 | -100% |
| Financial charges | 65/66B | €138 | €2,136 | +€1,998 | +1,446% |
| Recurring financial charges | 65 | €138 | €2,136 | +€1,998 | +1,446% |
| Profit (loss) for the period before taxes | 9903 | €70,727 | €68,670 | -€2,057 | -2.9% |
| Income taxes | 67/77 | €14,181 | €14,739 | +€558 | +3.9% |
| Profit (loss) for the period | 9904 | €56,546 | €53,931 | -€2,615 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,546 | €53,931 | -€2,615 | -4.6% |
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 16 October 2026 via checked.be.