RM EXPERTISE: what changed
Two fiscal 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 EXPERTISE
Largest movements
- Receivables within one year -€3,189
down €3,189 (-69.2%), from €4,611 to €1,421
of which Trade receivables: -€3,938
- Cash +€898
up €898 (+8.9%), from €10,040 to €10,938
mainly Receivables within one year (+€3,189) and Net result for the year (+€1,756)
- Tax, wage and social debts -€3,152
down €3,152 (-50.8%), from €6,201 to €3,050
of which Remuneration and social security: -€1,705
- Profit (loss) carried forward +€1,756
up €1,756 (+78.3%), from €2,243 to €3,999
- Trade debts -€607
down €607 (-28.5%), from €2,125 to €1,518
- Other debts -€288
down €288 (-26.7%), from €1,081 to €793
- Gross operating margin +€69
up €69 (+1.8%), from €3,892 to €3,961
- Taxes -€50
down €50 (-2.8%), from €1,801 to €1,751
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 | €14,651 | €12,360 | -€2,291 | -15.6% |
| Current assets | 29/58 | €14,651 | €12,360 | -€2,291 | -15.6% |
| Amounts receivable within one year | 40/41 | €4,611 | €1,421 | -€3,189 | -69.2% |
| Trade receivables | 40 | €4,611 | €672 | -€3,938 | -85.4% |
| Other amounts receivable | 41 | - | €749 | +€749 | |
| Cash at bank and in hand | 54/58 | €10,040 | €10,938 | +€898 | +8.9% |
| Total equity and liabilities | 10/49 | €14,651 | €12,360 | -€2,291 | -15.6% |
| Equity | 10/15 | €5,243 | €6,999 | +€1,756 | +33.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,243 | €3,999 | +€1,756 | +78.3% |
| Amounts payable | 17/49 | €9,408 | €5,361 | -€4,047 | -43.0% |
| Amounts payable within one year | 42/48 | €9,408 | €5,361 | -€4,047 | -43.0% |
| Trade debts | 44 | €2,125 | €1,518 | -€607 | -28.5% |
| Suppliers | 440/4 | €2,125 | €1,518 | -€607 | -28.5% |
| Taxes, remuneration and social security | 45 | €6,201 | €3,050 | -€3,152 | -50.8% |
| Taxes | 450/3 | €4,496 | €3,050 | -€1,446 | -32.2% |
| Remuneration and social security | 454/9 | €1,705 | - | -€1,705 | |
| Other amounts payable | 47/48 | €1,081 | €793 | -€288 | -26.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,892 | €3,961 | +€69 | +1.8% |
| Operating profit (loss) | 9901 | €3,505 | €3,561 | +€56 | +1.6% |
| Financial charges | 65/66B | €54 | €54 | +€0 | +0.1% |
| Recurring financial charges | 65 | €54 | €54 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €3,451 | €3,507 | +€56 | +1.6% |
| Income taxes | 67/77 | €1,801 | €1,751 | -€50 | -2.8% |
| Profit (loss) for the period | 9904 | €1,650 | €1,756 | +€106 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,650 | €1,756 | +€106 | +6.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.