RM PHYSIO: 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 PHYSIO
Largest movements
- Cash +€14,299
up €14,299 (+145.0%), from €9,865 to €24,164
mainly Net result for the year (+€20,351) and Depreciation (+€2,247)
- Tangible fixed assets -€2,247
down €2,247 (-58.4%), from €3,851 to €1,603
of which Furniture and vehicles: -€2,146
- Deferred charges and accrued income +€1,894
up €1,894 (+10.1%), from €18,827 to €20,722
- Receivables after one year -€1,457
down €1,457 (-2.7%), from €54,695 to €53,238
- Reserves +€20,351
up €20,351 (+31.1%), from €65,499 to €85,849
- Tax, wage and social debts -€8,000
down €8,000 (-81.6%), from €9,800 to €1,800
- Gross operating margin +€9,281
up €9,281 (+30.1%), from €30,872 to €40,153
- Other operating charges +€4,930
up €4,930 (+580.7%), from €849 to €5,779
- Taxes +€1,986
up €1,986 (+21.5%), from €9,239 to €11,225
- Financial charges -€611
down €611 (-22.7%), from €2,690 to €2,079
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 | €87,238 | €99,727 | +€12,489 | +14.3% |
| Fixed assets | 21/28 | €3,851 | €1,603 | -€2,247 | -58.4% |
| Tangible fixed assets | 22/27 | €3,851 | €1,603 | -€2,247 | -58.4% |
| Furniture and vehicles | 24 | €3,001 | €855 | -€2,146 | -71.5% |
| Other tangible fixed assets | 26 | €850 | €749 | -€101 | -11.9% |
| Current assets | 29/58 | €83,387 | €98,124 | +€14,737 | +17.7% |
| Amounts receivable after more than one year | 29 | €54,695 | €53,238 | -€1,457 | -2.7% |
| Trade receivables | 290 | €54,695 | €53,238 | -€1,457 | -2.7% |
| Cash at bank and in hand | 54/58 | €9,865 | €24,164 | +€14,299 | +145.0% |
| Deferred charges and accrued income | 490/1 | €18,827 | €20,722 | +€1,894 | +10.1% |
| Total equity and liabilities | 10/49 | €87,238 | €99,727 | +€12,489 | +14.3% |
| Equity | 10/15 | €76,293 | €96,644 | +€20,351 | +26.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,499 | €85,849 | +€20,351 | +31.1% |
| Distributable reserves | 133 | €65,499 | €85,849 | +€20,351 | +31.1% |
| Profit (loss) carried forward | 14 | €9,794 | €9,794 | = | 0.0% |
| Amounts payable | 17/49 | €10,945 | €3,083 | -€7,861 | -71.8% |
| Amounts payable within one year | 42/48 | €10,945 | €3,083 | -€7,861 | -71.8% |
| Trade debts | 44 | €345 | €1,284 | +€939 | +272.5% |
| Suppliers | 440/4 | €345 | €1,284 | +€939 | +272.5% |
| Taxes, remuneration and social security | 45 | €9,800 | €1,800 | -€8,000 | -81.6% |
| Taxes | 450/3 | €9,800 | €1,800 | -€8,000 | -81.6% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,226 | €2,247 | +€21 | +1.0% |
| Other operating charges | 640/8 | €849 | €5,779 | +€4,930 | +580.7% |
| Gross operating margin | 9900 | €30,872 | €40,153 | +€9,281 | +30.1% |
| Operating profit (loss) | 9901 | €27,797 | €32,127 | +€4,330 | +15.6% |
| Financial income | 75/76B | €1,142 | €1,528 | +€385 | +33.7% |
| Recurring financial income | 75 | €1,142 | €1,528 | +€385 | +33.7% |
| Financial charges | 65/66B | €2,690 | €2,079 | -€611 | -22.7% |
| Recurring financial charges | 65 | €2,690 | €2,079 | -€611 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €26,250 | €31,575 | +€5,326 | +20.3% |
| Income taxes | 67/77 | €9,239 | €11,225 | +€1,986 | +21.5% |
| Profit (loss) for the period | 9904 | €17,011 | €20,351 | +€3,339 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,011 | €20,351 | +€3,339 | +19.6% |
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 4 October 2026 via checked.be.