RM CONSULTANCY: 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 CONSULTANCY
Largest movements
- Financial fixed assets -€449,426
no longer reported in 2025 (was €449,426)
- Tangible fixed assets +€373,348
up €373,348 (+59.2%), from €630,610 to €1.0m
of which Land and buildings: +€370,121
- Receivables within one year +€271,940
up €271,940 (+1,216%), from €22,363 to €294,303
of which Trade receivables: +€173,932
- Cash -€18,239
down €18,239 (-48.8%), from €37,381 to €19,142
mainly Net result for the year (-€290,502) and Receivables within one year (-€271,940)
- Revaluation surpluses +€435,000
up €435,000 (+218%), from €200,000 to €635,000
- Tax, wage and social debts +€374,264
up €374,264 (+536%), from €69,833 to €444,097
- Profit (loss) carried forward -€363,507
down €363,507, from €35,576 to -€327,931
- Other debts -€127,783
no longer reported in 2025 (was €127,783)
- Debts after one year -€93,758
down €93,758 (-27.1%), from €346,226 to €252,469
- Financial charges +€327,225
up €327,225 (+286%), from €114,333 to €441,558
of which Non-recurring financial charges: +€329,426
- Taxes +€30,806
up €30,806 (+146%), from €21,107 to €51,912
- Gross operating margin +€6,582
up €6,582 (+2.5%), from €267,430 to €274,012
- Financial income +€2,938
new in 2025: €2,938
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 | €1,141,902 | €1,322,338 | +€180,436 | +15.8% |
| Fixed assets | 21/28 | €1,080,036 | €1,003,958 | -€76,078 | -7.0% |
| Tangible fixed assets | 22/27 | €630,610 | €1,003,958 | +€373,348 | +59.2% |
| Land and buildings | 22 | €630,610 | €1,000,731 | +€370,121 | +58.7% |
| Plant, machinery and equipment | 23 | - | €3,227 | +€3,227 | |
| Financial fixed assets | 28 | €449,426 | - | -€449,426 | |
| Current assets | 29/58 | €61,866 | €318,380 | +€256,514 | +415% |
| Amounts receivable within one year | 40/41 | €22,363 | €294,303 | +€271,940 | +1,216% |
| Trade receivables | 40 | €22,363 | €196,295 | +€173,932 | +778% |
| Other amounts receivable | 41 | - | €98,008 | +€98,008 | |
| Cash at bank and in hand | 54/58 | €37,381 | €19,142 | -€18,239 | -48.8% |
| Deferred charges and accrued income | 490/1 | €2,122 | €4,936 | +€2,813 | +133% |
| Total equity and liabilities | 10/49 | €1,141,902 | €1,322,338 | +€180,436 | +15.8% |
| Equity | 10/15 | €442,457 | €520,150 | +€77,693 | +17.6% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Capital | 10 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Revaluation surpluses | 12 | €200,000 | €635,000 | +€435,000 | +218% |
| Reserves | 13 | €194,481 | €194,481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €192,621 | €192,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,576 | -€327,931 | -€363,507 | |
| Amounts payable | 17/49 | €699,445 | €802,188 | +€102,743 | +14.7% |
| Amounts payable after more than one year | 17 | €346,226 | €252,469 | -€93,758 | -27.1% |
| Financial debts | 170/4 | €346,226 | €252,469 | -€93,758 | -27.1% |
| Amounts payable within one year | 42/48 | €353,219 | €549,719 | +€196,500 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €133,228 | €60,023 | -€73,205 | -54.9% |
| Financial debts | 43 | - | €7,897 | +€7,897 | |
| Credit institutions | 430/8 | - | €7,897 | +€7,897 | |
| Trade debts | 44 | €22,374 | €37,702 | +€15,328 | +68.5% |
| Suppliers | 440/4 | €22,374 | €37,702 | +€15,328 | +68.5% |
| Taxes, remuneration and social security | 45 | €69,833 | €444,097 | +€374,264 | +536% |
| Taxes | 450/3 | €69,833 | €444,097 | +€374,264 | +536% |
| Other amounts payable | 47/48 | €127,783 | - | -€127,783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,879 | €66,763 | +€1,885 | +2.9% |
| Other operating charges | 640/8 | €8,015 | €7,218 | -€796 | -9.9% |
| Gross operating margin | 9900 | €267,430 | €274,012 | +€6,582 | +2.5% |
| Operating profit (loss) | 9901 | €194,536 | €200,030 | +€5,494 | +2.8% |
| Financial income | 75/76B | - | €2,938 | +€2,938 | |
| Recurring financial income | 75 | - | €2,938 | +€2,938 | |
| Financial charges | 65/66B | €114,333 | €441,558 | +€327,225 | +286% |
| Recurring financial charges | 65 | €14,333 | €12,132 | -€2,201 | -15.4% |
| Non-recurring financial charges | 66B | €100,000 | €429,426 | +€329,426 | +329% |
| Profit (loss) for the period before taxes | 9903 | €80,203 | -€238,590 | -€318,793 | |
| Income taxes | 67/77 | €21,107 | €51,912 | +€30,806 | +146% |
| Profit (loss) for the period | 9904 | €59,096 | -€290,502 | -€349,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,096 | -€290,502 | -€349,599 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.