RM ELEC: 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 ELEC
Largest movements
- Cash -€5,834
down €5,834 (-20.1%), from €28,965 to €23,131
mainly Net result for the year (-€9,355) and Receivables within one year (-€3,030)
- Deferred charges and accrued income -€3,865
down €3,865 (-28.1%), from €13,767 to €9,902
- Receivables within one year +€3,030
up €3,030 (+96.6%), from €3,137 to €6,167
of which Other amounts receivable: +€1,662
- Tangible fixed assets -€2,350
down €2,350 (-39.5%), from €5,954 to €3,604
of which Plant, machinery and equipment: -€1,836
- Reserves -€9,355
down €9,355 (-36.9%), from €25,321 to €15,966
of which Distributable reserves: -€9,355
- Trade debts +€1,314
up €1,314 (+27.6%), from €4,766 to €6,080
- Other debts -€906
down €906 (-9.8%), from €9,265 to €8,359
- Gross operating margin -€24,964
down €24,964, from €20,806 to -€4,158
- Taxes -€5,870
down €5,870 (-90.8%), from €6,466 to €596
- Other operating charges -€290
down €290 (-17.9%), from €1,620 to €1,330
- Depreciation -€251
down €251 (-9.0%), from €2,781 to €2,530
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 | €52,239 | €43,220 | -€9,019 | -17.3% |
| Fixed assets | 21/28 | €6,370 | €4,020 | -€2,350 | -36.9% |
| Tangible fixed assets | 22/27 | €5,954 | €3,604 | -€2,350 | -39.5% |
| Plant, machinery and equipment | 23 | €4,729 | €2,893 | -€1,836 | -38.8% |
| Furniture and vehicles | 24 | €1,225 | €711 | -€514 | -42.0% |
| Financial fixed assets | 28 | €416 | €416 | = | 0.0% |
| Current assets | 29/58 | €45,869 | €39,200 | -€6,669 | -14.5% |
| Amounts receivable within one year | 40/41 | €3,137 | €6,167 | +€3,030 | +96.6% |
| Trade receivables | 40 | €2,197 | €3,565 | +€1,368 | +62.3% |
| Other amounts receivable | 41 | €940 | €2,602 | +€1,662 | +176.8% |
| Cash at bank and in hand | 54/58 | €28,965 | €23,131 | -€5,834 | -20.1% |
| Deferred charges and accrued income | 490/1 | €13,767 | €9,902 | -€3,865 | -28.1% |
| Total equity and liabilities | 10/49 | €52,239 | €43,220 | -€9,019 | -17.3% |
| Equity | 10/15 | €31,521 | €22,166 | -€9,355 | -29.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,321 | €15,966 | -€9,355 | -36.9% |
| 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 | €23,461 | €14,106 | -€9,355 | -39.9% |
| Amounts payable | 17/49 | €20,718 | €21,054 | +€336 | +1.6% |
| Amounts payable within one year | 42/48 | €20,718 | €21,054 | +€336 | +1.6% |
| Trade debts | 44 | €4,766 | €6,080 | +€1,314 | +27.6% |
| Suppliers | 440/4 | €4,766 | €6,080 | +€1,314 | +27.6% |
| Taxes, remuneration and social security | 45 | €6,687 | €6,615 | -€72 | -1.1% |
| Taxes | 450/3 | €6,687 | €6,615 | -€72 | -1.1% |
| Other amounts payable | 47/48 | €9,265 | €8,359 | -€906 | -9.8% |
| Non-recurring operating income | 76A | €14,155 | - | -€14,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,781 | €2,530 | -€251 | -9.0% |
| Other operating charges | 640/8 | €1,620 | €1,330 | -€290 | -17.9% |
| Non-recurring operating charges | 66A | - | €489 | +€489 | |
| Gross operating margin | 9900 | €20,806 | -€4,158 | -€24,964 | |
| Operating profit (loss) | 9901 | €16,405 | -€8,507 | -€24,912 | |
| Financial income | 75/76B | €40 | €84 | +€44 | +110.0% |
| Recurring financial income | 75 | €40 | €84 | +€44 | +110.0% |
| Financial charges | 65/66B | €372 | €336 | -€36 | -9.7% |
| Recurring financial charges | 65 | €62 | €336 | +€274 | +441.9% |
| Non-recurring financial charges | 66B | €310 | - | -€310 | |
| Profit (loss) for the period before taxes | 9903 | €16,073 | -€8,759 | -€24,832 | |
| Income taxes | 67/77 | €6,466 | €596 | -€5,870 | -90.8% |
| Profit (loss) for the period | 9904 | €9,607 | -€9,355 | -€18,962 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,607 | -€9,355 | -€18,962 |
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 11 October 2026 via checked.be.