RM CONSTRUCT: 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 CONSTRUCT
Largest movements
- Tangible fixed assets -€6,047
down €6,047 (-45.0%), from €13,432 to €7,385
of which Leasing and similar rights: -€4,909
- Receivables within one year +€4,730
up €4,730 (+7.9%), from €59,631 to €64,361
of which Other amounts receivable: +€8,597
- Cash +€3,174
new in 2025: €3,174
mainly Net result for the year (+€10,901) and Depreciation (+€6,401)
- Profit (loss) carried forward +€10,901
up €10,901 (+49.0%), from €22,252 to €33,153
- Trade debts -€8,716
down €8,716 (-73.8%), from €11,812 to €3,096
- Debts after one year -€5,843
no longer reported in 2025 (was €5,843)
- Tax, wage and social debts +€4,675
up €4,675 (+93.4%), from €5,004 to €9,679
- Current portion of long-term debt +€839
up €839 (+21.1%), from €3,978 to €4,817
- Gross operating margin +€22,353
up €22,353 (+234%), from €9,569 to €31,923
- Taxes +€8,439
up €8,439 (+3,739%), from €226 to €8,665
- Financial charges -€5,246
down €5,246 (-69.7%), from €7,525 to €2,280
- Other operating charges +€3,030
up €3,030 (+467%), from €649 to €3,679
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 | €73,063 | €74,920 | +€1,857 | +2.5% |
| Fixed assets | 21/28 | €13,432 | €7,385 | -€6,047 | -45.0% |
| Tangible fixed assets | 22/27 | €13,432 | €7,385 | -€6,047 | -45.0% |
| Plant, machinery and equipment | 23 | €867 | €1,011 | +€145 | +16.7% |
| Furniture and vehicles | 24 | €2,338 | €1,056 | -€1,283 | -54.9% |
| Leasing and similar rights | 25 | €10,227 | €5,318 | -€4,909 | -48.0% |
| Current assets | 29/58 | €59,631 | €67,535 | +€7,904 | +13.3% |
| Amounts receivable within one year | 40/41 | €59,631 | €64,361 | +€4,730 | +7.9% |
| Trade receivables | 40 | €47,649 | €43,782 | -€3,867 | -8.1% |
| Other amounts receivable | 41 | €11,982 | €20,579 | +€8,597 | +71.8% |
| Cash at bank and in hand | 54/58 | - | €3,174 | +€3,174 | |
| Total equity and liabilities | 10/49 | €73,063 | €74,920 | +€1,857 | +2.5% |
| Equity | 10/15 | €36,512 | €47,413 | +€10,901 | +29.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,252 | €33,153 | +€10,901 | +49.0% |
| Amounts payable | 17/49 | €36,551 | €27,508 | -€9,044 | -24.7% |
| Amounts payable after more than one year | 17 | €5,843 | - | -€5,843 | |
| Financial debts | 170/4 | €5,843 | - | -€5,843 | |
| Amounts payable within one year | 42/48 | €30,709 | €27,508 | -€3,201 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €3,978 | €4,817 | +€839 | +21.1% |
| Financial debts | 43 | €9,915 | €9,915 | = | 0.0% |
| Credit institutions | 430/8 | €9,915 | €9,915 | = | 0.0% |
| Trade debts | 44 | €11,812 | €3,096 | -€8,716 | -73.8% |
| Suppliers | 440/4 | €11,812 | €3,096 | -€8,716 | -73.8% |
| Taxes, remuneration and social security | 45 | €5,004 | €9,679 | +€4,675 | +93.4% |
| Taxes | 450/3 | €5,004 | €9,679 | +€4,675 | +93.4% |
| Remuneration, social security and pensions | 62 | €221 | - | -€221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,295 | €6,401 | +€107 | +1.7% |
| Other operating charges | 640/8 | €649 | €3,679 | +€3,030 | +467% |
| Gross operating margin | 9900 | €9,569 | €31,923 | +€22,353 | +234% |
| Operating profit (loss) | 9901 | €2,404 | €21,842 | +€19,438 | +809% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €7,525 | €2,280 | -€5,246 | -69.7% |
| Recurring financial charges | 65 | €7,525 | €2,280 | -€5,246 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,121 | €19,566 | +€24,687 | |
| Income taxes | 67/77 | €226 | €8,665 | +€8,439 | +3,739% |
| Profit (loss) for the period | 9904 | -€5,347 | €10,901 | +€16,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,347 | €10,901 | +€16,248 |
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 13 October 2026 via checked.be.