RM GLOBAL: 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 GLOBAL
Largest movements
- Cash +€49,209
up €49,209 (+90.6%), from €54,312 to €103,521
mainly Net result for the year (+€56,684) and Depreciation (+€7,444)
- Tangible fixed assets +€8,213
up €8,213 (+86.1%), from €9,536 to €17,749
- Receivables within one year +€5,192
up €5,192 (+42.1%), from €12,344 to €17,536
of which Trade receivables: +€5,561
- Profit (loss) carried forward +€56,684
up €56,684 (+95.3%), from €59,497 to €116,180
- Current portion of long-term debt +€2,837
up €2,837 (+56.6%), from €5,014 to €7,851
- Tax, wage and social debts +€2,820
up €2,820 (+413.2%), from €682 to €3,502
- Debts after one year +€1,923
up €1,923 (+49.1%), from €3,916 to €5,839
- Gross operating margin +€6,721
up €6,721 (+9.0%), from €74,357 to €81,078
- Depreciation +€1,965
up €1,965 (+35.9%), from €5,479 to €7,444
- Taxes +€929
up €929 (+6.3%), from €14,682 to €15,612
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 | €76,382 | €139,047 | +€62,665 | +82.0% |
| Fixed assets | 21/28 | €9,536 | €17,749 | +€8,213 | +86.1% |
| Tangible fixed assets | 22/27 | €9,536 | €17,749 | +€8,213 | +86.1% |
| Furniture and vehicles | 24 | €9,536 | €17,749 | +€8,213 | +86.1% |
| Current assets | 29/58 | €66,846 | €121,298 | +€54,452 | +81.5% |
| Amounts receivable within one year | 40/41 | €12,344 | €17,536 | +€5,192 | +42.1% |
| Trade receivables | 40 | €11,406 | €16,967 | +€5,561 | +48.8% |
| Other amounts receivable | 41 | €938 | €569 | -€368 | -39.3% |
| Cash at bank and in hand | 54/58 | €54,312 | €103,521 | +€49,209 | +90.6% |
| Deferred charges and accrued income | 490/1 | €190 | €241 | +€51 | +26.6% |
| Total equity and liabilities | 10/49 | €76,382 | €139,047 | +€62,665 | +82.0% |
| Equity | 10/15 | €62,497 | €119,180 | +€56,684 | +90.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,497 | €116,180 | +€56,684 | +95.3% |
| Amounts payable | 17/49 | €13,886 | €19,867 | +€5,981 | +43.1% |
| Amounts payable after more than one year | 17 | €3,916 | €5,839 | +€1,923 | +49.1% |
| Financial debts | 170/4 | €3,916 | €5,839 | +€1,923 | +49.1% |
| Amounts payable within one year | 42/48 | €9,969 | €14,028 | +€4,059 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €5,014 | €7,851 | +€2,837 | +56.6% |
| Trade debts | 44 | €3,021 | €2,675 | -€347 | -11.5% |
| Suppliers | 440/4 | €3,021 | €2,675 | -€347 | -11.5% |
| Taxes, remuneration and social security | 45 | €682 | €3,502 | +€2,820 | +413.2% |
| Taxes | 450/3 | €682 | €3,502 | +€2,820 | +413.2% |
| Other amounts payable | 47/48 | €1,252 | €0 | -€1,252 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,479 | €7,444 | +€1,965 | +35.9% |
| Other operating charges | 640/8 | €739 | €483 | -€256 | -34.6% |
| Gross operating margin | 9900 | €74,357 | €81,078 | +€6,721 | +9.0% |
| Operating profit (loss) | 9901 | €68,139 | €73,151 | +€5,012 | +7.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €692 | €855 | +€164 | +23.6% |
| Recurring financial charges | 65 | €692 | €855 | +€164 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €67,452 | €72,295 | +€4,843 | +7.2% |
| Income taxes | 67/77 | €14,682 | €15,612 | +€929 | +6.3% |
| Profit (loss) for the period | 9904 | €52,770 | €56,684 | +€3,914 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,770 | €56,684 | +€3,914 | +7.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.