RM Concept: 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.
RM Concept
Largest movements
- Receivables within one year -€34,404
down €34,404 (-31.3%), from €110,081 to €75,676
of which Trade receivables: -€22,494
- Tangible fixed assets -€3,159
down €3,159 (-24.9%), from €12,696 to €9,537
- Tax, wage and social debts -€10,857
down €10,857 (-59.3%), from €18,302 to €7,445
- Debts after one year -€9,707
down €9,707 (-89.4%), from €10,858 to €1,150
- Trade debts -€9,175
down €9,175 (-39.4%), from €23,259 to €14,084
- Profit (loss) carried forward -€8,687
down €8,687 (-15.2%), from €57,018 to €48,331
- Turnover -€167,704
no longer reported in 2025 (was €167,704)
- Purchases and services -€166,160
no longer reported in 2025 (was €166,160)
- Gross operating margin +€15,947
new in 2025: €15,947
- Taxes +€14,018
up €14,018, from -€765 to €13,253
- Financial income -€8,205
down €8,205 (-96.3%), from €8,519 to €314
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 | €122,804 | €86,082 | -€36,722 | -29.9% |
| Fixed assets | 21/28 | €12,696 | €9,537 | -€3,159 | -24.9% |
| Tangible fixed assets | 22/27 | €12,696 | €9,537 | -€3,159 | -24.9% |
| Furniture and vehicles | 24 | €12,696 | €9,537 | -€3,159 | -24.9% |
| Current assets | 29/58 | €110,108 | €76,545 | -€33,563 | -30.5% |
| Amounts receivable within one year | 40/41 | €110,081 | €75,676 | -€34,404 | -31.3% |
| Trade receivables | 40 | €22,494 | - | -€22,494 | |
| Other amounts receivable | 41 | €87,587 | €75,676 | -€11,911 | -13.6% |
| Cash at bank and in hand | 54/58 | €27 | €868 | +€841 | +3,062% |
| Total equity and liabilities | 10/49 | €122,804 | €86,082 | -€36,722 | -29.9% |
| Equity | 10/15 | €64,451 | €55,763 | -€8,687 | -13.5% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €2,933 | €2,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,933 | €2,933 | = | 0.0% |
| Other | 1319 | €2,933 | €2,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,018 | €48,331 | -€8,687 | -15.2% |
| Amounts payable | 17/49 | €58,353 | €30,318 | -€28,035 | -48.0% |
| Amounts payable after more than one year | 17 | €10,858 | €1,150 | -€9,707 | -89.4% |
| Financial debts | 170/4 | €10,858 | €1,150 | -€9,707 | -89.4% |
| Amounts payable within one year | 42/48 | €47,495 | €29,168 | -€18,327 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €5,935 | €6,639 | +€705 | +11.9% |
| Trade debts | 44 | €23,259 | €14,084 | -€9,175 | -39.4% |
| Suppliers | 440/4 | €23,259 | €14,084 | -€9,175 | -39.4% |
| Taxes, remuneration and social security | 45 | €18,302 | €7,445 | -€10,857 | -59.3% |
| Taxes | 450/3 | €18,302 | €7,445 | -€10,857 | -59.3% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Turnover | 70 | €167,704 | - | -€167,704 | |
| Goods, raw materials, services and sundry goods | 60/61 | €166,160 | - | -€166,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,437 | €6,659 | +€222 | +3.4% |
| Other operating charges | 640/8 | €1,441 | €620 | -€822 | -57.0% |
| Gross operating margin | 9900 | - | €15,947 | +€15,947 | |
| Operating profit (loss) | 9901 | -€7,878 | €8,668 | +€16,546 | |
| Financial income | 75/76B | €8,519 | €314 | -€8,205 | -96.3% |
| Recurring financial income | 75 | €8,519 | €314 | -€8,205 | -96.3% |
| Financial charges | 65/66B | €4,811 | €4,416 | -€395 | -8.2% |
| Recurring financial charges | 65 | €4,811 | €4,416 | -€395 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,170 | €4,566 | +€8,736 | |
| Income taxes | 67/77 | -€765 | €13,253 | +€14,018 | |
| Profit (loss) for the period | 9904 | -€3,405 | -€8,687 | -€5,282 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,405 | -€8,687 | -€5,282 | -155% |
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 14 October 2026 via checked.be.