RLO Consulting: 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.
RLO Consulting
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables after one year +€26,050
up €26,050 (+349%), from €7,462 to €33,512
- Receivables within one year +€16,930
up €16,930 (+144%), from €11,735 to €28,665
of which Trade receivables: +€22,955
- Cash -€12,589
down €12,589 (-35.9%), from €35,073 to €22,484
mainly Contributions, distributions and other (-€49,991) and Net result for the year (-€29,487)
- Tangible fixed assets -€2,115
down €2,115 (-65.5%), from €3,229 to €1,113
of which Plant, machinery and equipment: -€1,587
- Reserves -€49,991
down €49,991 (-59.5%), from €84,055 to €34,064
of which Distributable reserves: -€49,991
- Other debts +€49,193
up €49,193 (+6,085%), from €808 to €50,002
- Profit (loss) carried forward -€29,487
new in 2025: -€29,487
- Advances received +€15,101
new in 2025: €15,101
- Tax, wage and social debts -€3,712
down €3,712 (-61.4%), from €6,050 to €2,338
- Gross operating margin -€84,373
down €84,373, from €57,912 to -€26,462
- Financial charges -€28,659
down €28,659 (-97.5%), from €29,384 to €725
- Taxes -€9,126
down €9,126 (-98.4%), from €9,271 to €145
- Financial income -€623
down €623 (-39.1%), from €1,595 to €971
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 | €108,944 | €87,234 | -€21,710 | -19.9% |
| Fixed assets | 21/28 | €4,229 | €2,113 | -€2,115 | -50.0% |
| Tangible fixed assets | 22/27 | €3,229 | €1,113 | -€2,115 | -65.5% |
| Plant, machinery and equipment | 23 | €2,459 | €872 | -€1,587 | -64.5% |
| Furniture and vehicles | 24 | €769 | €241 | -€528 | -68.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €104,715 | €85,121 | -€19,595 | -18.7% |
| Amounts receivable after more than one year | 29 | €7,462 | €33,512 | +€26,050 | +349% |
| Other amounts receivable | 291 | €7,462 | €33,512 | +€26,050 | +349% |
| Amounts receivable within one year | 40/41 | €11,735 | €28,665 | +€16,930 | +144% |
| Trade receivables | 40 | €5,711 | €28,665 | +€22,955 | +402% |
| Other amounts receivable | 41 | €6,024 | - | -€6,024 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €35,073 | €22,484 | -€12,589 | -35.9% |
| Deferred charges and accrued income | 490/1 | €446 | €459 | +€14 | +3.1% |
| Total equity and liabilities | 10/49 | €108,944 | €87,234 | -€21,710 | -19.9% |
| Equity | 10/15 | €96,455 | €16,977 | -€79,478 | -82.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,055 | €34,064 | -€49,991 | -59.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,195 | €32,204 | -€49,991 | -60.8% |
| Profit (loss) carried forward | 14 | - | -€29,487 | -€29,487 | |
| Amounts payable | 17/49 | €12,489 | €70,257 | +€57,768 | +463% |
| Amounts payable within one year | 42/48 | €12,489 | €70,257 | +€57,768 | +463% |
| Current portion of amounts payable after more than one year | 42 | €687 | - | -€687 | |
| Trade debts | 44 | €4,944 | €2,816 | -€2,127 | -43.0% |
| Suppliers | 440/4 | €4,944 | €2,816 | -€2,127 | -43.0% |
| Advances received on contracts in progress | 46 | - | €15,101 | +€15,101 | |
| Taxes, remuneration and social security | 45 | €6,050 | €2,338 | -€3,712 | -61.4% |
| Taxes | 450/3 | €6,050 | €2,338 | -€3,712 | -61.4% |
| Other amounts payable | 47/48 | €808 | €50,002 | +€49,193 | +6,085% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,322 | €2,115 | -€207 | -8.9% |
| Other operating charges | 640/8 | €906 | €1,010 | +€105 | +11.5% |
| Gross operating margin | 9900 | €57,912 | -€26,462 | -€84,373 | |
| Operating profit (loss) | 9901 | €54,683 | -€29,587 | -€84,271 | |
| Financial income | 75/76B | €1,595 | €971 | -€623 | -39.1% |
| Recurring financial income | 75 | €1,595 | €971 | -€623 | -39.1% |
| Financial charges | 65/66B | €29,384 | €725 | -€28,659 | -97.5% |
| Recurring financial charges | 65 | €29,384 | €725 | -€28,659 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €26,894 | -€29,341 | -€56,235 | |
| Income taxes | 67/77 | €9,271 | €145 | -€9,126 | -98.4% |
| Profit (loss) for the period | 9904 | €17,623 | -€29,487 | -€47,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,623 | -€29,487 | -€47,109 |
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 22 October 2026 via checked.be.