RM IMMOBILIERE: 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 IMMOBILIERE
Largest movements
- Receivables within one year -€305,288
down €305,288 (-52.4%), from €582,247 to €276,958
of which Trade receivables: -€573,684
- Stocks and contracts +€65,115
up €65,115 (+11.9%), from €548,501 to €613,616
- Trade debts -€135,278
down €135,278 (-83.4%), from €162,248 to €26,970
- Other debts -€63,708
down €63,708 (-36.8%), from €173,100 to €109,392
- Tax, wage and social debts -€34,165
down €34,165 (-68.6%), from €49,838 to €15,673
of which Taxes: -€37,665
- Debts after one year -€18,160
down €18,160 (-85.4%), from €21,274 to €3,114
- Financial charges -€4,353
down €4,353 (-8.9%), from €48,755 to €44,402
- Other operating charges +€1,056
up €1,056 (+4,389%), from €24 to €1,080
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 | €1,281,277 | €1,040,763 | -€240,514 | -18.8% |
| Fixed assets | 21/28 | €148,813 | €143,588 | -€5,224 | -3.5% |
| Tangible fixed assets | 22/27 | €148,813 | €143,588 | -€5,224 | -3.5% |
| Land and buildings | 22 | €148,813 | €140,046 | -€8,766 | -5.9% |
| Furniture and vehicles | 24 | - | €3,542 | +€3,542 | |
| Current assets | 29/58 | €1,132,465 | €897,175 | -€235,290 | -20.8% |
| Stocks and contracts in progress | 3 | €548,501 | €613,616 | +€65,115 | +11.9% |
| Stocks | 30/36 | €548,501 | €613,616 | +€65,115 | +11.9% |
| Amounts receivable within one year | 40/41 | €582,247 | €276,958 | -€305,288 | -52.4% |
| Trade receivables | 40 | €573,684 | €0 | -€573,684 | -100% |
| Other amounts receivable | 41 | €8,563 | €276,958 | +€268,395 | +3,134% |
| Cash at bank and in hand | 54/58 | €1,223 | €6,601 | +€5,378 | +440% |
| Deferred charges and accrued income | 490/1 | €495 | €0 | -€495 | -100% |
| Total equity and liabilities | 10/49 | €1,281,277 | €1,040,763 | -€240,514 | -18.8% |
| Equity | 10/15 | €356,262 | €367,400 | +€11,138 | +3.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €301,262 | €312,400 | +€11,138 | +3.7% |
| Amounts payable | 17/49 | €925,015 | €673,363 | -€251,653 | -27.2% |
| Amounts payable after more than one year | 17 | €21,274 | €3,114 | -€18,160 | -85.4% |
| Financial debts | 170/4 | €21,274 | €3,114 | -€18,160 | -85.4% |
| Amounts payable within one year | 42/48 | €903,741 | €670,249 | -€233,492 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €17,302 | €18,160 | +€858 | +5.0% |
| Financial debts | 43 | €501,252 | €500,053 | -€1,200 | -0.2% |
| Credit institutions | 430/8 | €501,252 | €500,053 | -€1,200 | -0.2% |
| Trade debts | 44 | €162,248 | €26,970 | -€135,278 | -83.4% |
| Suppliers | 440/4 | €162,248 | €26,970 | -€135,278 | -83.4% |
| Taxes, remuneration and social security | 45 | €49,838 | €15,673 | -€34,165 | -68.6% |
| Taxes | 450/3 | €49,838 | €12,173 | -€37,665 | -75.6% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €173,100 | €109,392 | -€63,708 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,766 | €9,224 | +€458 | +5.2% |
| Other operating charges | 640/8 | €24 | €1,080 | +€1,056 | +4,389% |
| Non-recurring operating charges | 66A | - | €3,771 | +€3,771 | |
| Gross operating margin | 9900 | €74,024 | €73,818 | -€206 | -0.3% |
| Operating profit (loss) | 9901 | €65,234 | €59,743 | -€5,491 | -8.4% |
| Financial charges | 65/66B | €48,755 | €44,402 | -€4,353 | -8.9% |
| Recurring financial charges | 65 | €48,755 | €44,402 | -€4,353 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €16,479 | €15,341 | -€1,138 | -6.9% |
| Income taxes | 67/77 | €4,068 | €4,203 | +€135 | +3.3% |
| Profit (loss) for the period | 9904 | €12,411 | €11,138 | -€1,273 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,411 | €11,138 | -€1,273 | -10.3% |
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 25 October 2026 via checked.be.