RM CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Receivables within one year -€14,238
down €14,238 (-14.8%), from €96,196 to €81,958
of which Trade receivables: -€18,004
- Cash -€8,365
down €8,365 (-75.0%), from €11,147 to €2,783
mainly Trade debts (-€12,572) and Net result for the year (-€7,459)
- Deferred charges and accrued income +€1,618
new in 2025: €1,618
- Tangible fixed assets -€1,494
no longer reported in 2025 (was €1,494)
of which Plant, machinery and equipment: -€1,315
- Trade debts -€12,572
down €12,572 (-54.6%), from €23,020 to €10,448
- Profit (loss) carried forward -€7,459
down €7,459 (-10.4%), from €71,883 to €64,423
- Tax, wage and social debts -€2,484
down €2,484 (-37.4%), from €6,636 to €4,152
of which Taxes: -€1,984
- Gross operating margin -€15,665
down €15,665, from €11,637 to -€4,028
- Other operating charges -€3,031
down €3,031 (-44.4%), from €6,822 to €3,791
- Depreciation -€1,288
down €1,288 (-46.3%), from €2,782 to €1,494
- Taxes -€834
down €834 (-98.6%), from €846 to €12
- Financial income +€148
up €148 (+7.7%), from €1,919 to €2,067
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 | €108,887 | €86,409 | -€22,478 | -20.6% |
| Fixed assets | 21/28 | €1,544 | €50 | -€1,494 | -96.8% |
| Tangible fixed assets | 22/27 | €1,494 | - | -€1,494 | |
| Plant, machinery and equipment | 23 | €1,315 | - | -€1,315 | |
| Furniture and vehicles | 24 | €179 | - | -€179 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €107,344 | €86,359 | -€20,985 | -19.5% |
| Amounts receivable within one year | 40/41 | €96,196 | €81,958 | -€14,238 | -14.8% |
| Trade receivables | 40 | €59,289 | €41,285 | -€18,004 | -30.4% |
| Other amounts receivable | 41 | €36,908 | €40,673 | +€3,766 | +10.2% |
| Cash at bank and in hand | 54/58 | €11,147 | €2,783 | -€8,365 | -75.0% |
| Deferred charges and accrued income | 490/1 | - | €1,618 | +€1,618 | |
| Total equity and liabilities | 10/49 | €108,887 | €86,409 | -€22,478 | -20.6% |
| Equity | 10/15 | €79,231 | €71,772 | -€7,459 | -9.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,348 | €6,348 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,348 | €6,348 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,348 | €6,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,883 | €64,423 | -€7,459 | -10.4% |
| Amounts payable | 17/49 | €29,656 | €14,637 | -€15,019 | -50.6% |
| Amounts payable within one year | 42/48 | €29,656 | €14,637 | -€15,019 | -50.6% |
| Financial debts | 43 | - | €38 | +€38 | |
| Credit institutions | 430/8 | - | €38 | +€38 | |
| Trade debts | 44 | €23,020 | €10,448 | -€12,572 | -54.6% |
| Suppliers | 440/4 | €23,020 | €10,448 | -€12,572 | -54.6% |
| Taxes, remuneration and social security | 45 | €6,636 | €4,152 | -€2,484 | -37.4% |
| Taxes | 450/3 | €4,636 | €2,652 | -€1,984 | -42.8% |
| Remuneration and social security | 454/9 | €2,000 | €1,500 | -€500 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,782 | €1,494 | -€1,288 | -46.3% |
| Other operating charges | 640/8 | €6,822 | €3,791 | -€3,031 | -44.4% |
| Gross operating margin | 9900 | €11,637 | -€4,028 | -€15,665 | |
| Operating profit (loss) | 9901 | €2,033 | -€9,312 | -€11,345 | |
| Financial income | 75/76B | €1,919 | €2,067 | +€148 | +7.7% |
| Recurring financial income | 75 | €1,919 | €2,067 | +€148 | +7.7% |
| Financial charges | 65/66B | €144 | €203 | +€59 | +40.6% |
| Recurring financial charges | 65 | €144 | €203 | +€59 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €3,807 | -€7,448 | -€11,255 | |
| Income taxes | 67/77 | €846 | €12 | -€834 | -98.6% |
| Profit (loss) for the period | 9904 | €2,962 | -€7,459 | -€10,421 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,962 | -€7,459 | -€10,421 |
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 9 October 2026 via checked.be.