RM ELECTRO-CHAUFFE: 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 ELECTRO-CHAUFFE
Largest movements
- Receivables within one year +€116,685
up €116,685 (+279%), from €41,879 to €158,564
of which Trade receivables: +€119,320
- Stocks and contracts +€16,584
up €16,584 (+5,745%), from €289 to €16,873
- Cash -€13,663
down €13,663 (-75.7%), from €18,046 to €4,384
mainly Receivables within one year (-€116,685) and Stocks and contracts (-€16,584)
- Trade debts +€117,357
up €117,357 (+794%), from €14,782 to €132,139
- Other debts -€5,799
down €5,799 (-38.0%), from €15,241 to €9,442
- Profit (loss) carried forward +€5,494
up €5,494 (+3,237%), from €170 to €5,664
- Other operating charges -€362
no longer reported in 2025 (was €362)
- Taxes -€349
down €349 (-16.2%), from €2,149 to €1,800
- Depreciation +€324
up €324 (+19.1%), from €1,700 to €2,025
- Gross operating margin -€300
down €300 (-2.9%), from €10,170 to €9,870
- Financial charges -€172
down €172 (-23.8%), from €723 to €551
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 | €63,552 | €181,893 | +€118,340 | +186% |
| Fixed assets | 21/28 | €2,610 | €2,073 | -€537 | -20.6% |
| Intangible fixed assets | 21 | €277 | €77 | -€200 | -72.1% |
| Tangible fixed assets | 22/27 | €2,303 | €1,965 | -€337 | -14.6% |
| Furniture and vehicles | 24 | €2,303 | €1,965 | -€337 | -14.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €60,942 | €179,820 | +€118,878 | +195% |
| Stocks and contracts in progress | 3 | €289 | €16,873 | +€16,584 | +5,745% |
| Stocks | 30/36 | €289 | €16,873 | +€16,584 | +5,745% |
| Amounts receivable within one year | 40/41 | €41,879 | €158,564 | +€116,685 | +279% |
| Trade receivables | 40 | €39,244 | €158,564 | +€119,320 | +304% |
| Other amounts receivable | 41 | €2,635 | - | -€2,635 | |
| Cash at bank and in hand | 54/58 | €18,046 | €4,384 | -€13,663 | -75.7% |
| Deferred charges and accrued income | 490/1 | €729 | - | -€729 | |
| Total equity and liabilities | 10/49 | €63,552 | €181,893 | +€118,340 | +186% |
| Equity | 10/15 | €17,370 | €22,864 | +€5,494 | +31.6% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170 | €5,664 | +€5,494 | +3,237% |
| Amounts payable | 17/49 | €46,183 | €159,029 | +€112,846 | +244% |
| Amounts payable within one year | 42/48 | €46,183 | €159,029 | +€112,846 | +244% |
| Trade debts | 44 | €14,782 | €132,139 | +€117,357 | +794% |
| Suppliers | 440/4 | €14,782 | €132,139 | +€117,357 | +794% |
| Advances received on contracts in progress | 46 | €11,002 | €12,666 | +€1,665 | +15.1% |
| Taxes, remuneration and social security | 45 | €5,157 | €4,781 | -€376 | -7.3% |
| Taxes | 450/3 | €5,157 | €4,781 | -€376 | -7.3% |
| Other amounts payable | 47/48 | €15,241 | €9,442 | -€5,799 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €2,025 | +€324 | +19.1% |
| Other operating charges | 640/8 | €362 | - | -€362 | |
| Gross operating margin | 9900 | €10,170 | €9,870 | -€300 | -2.9% |
| Operating profit (loss) | 9901 | €8,108 | €7,845 | -€263 | -3.2% |
| Financial charges | 65/66B | €723 | €551 | -€172 | -23.8% |
| Recurring financial charges | 65 | €723 | €551 | -€172 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €7,385 | €7,294 | -€91 | -1.2% |
| Income taxes | 67/77 | €2,149 | €1,800 | -€349 | -16.2% |
| Profit (loss) for the period | 9904 | €5,236 | €5,494 | +€259 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,236 | €5,494 | +€259 | +4.9% |
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 18 October 2026 via checked.be.