RM TECHNICS: 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 TECHNICS
Largest movements
- Cash -€303,255
down €303,255 (-87.5%), from €346,699 to €43,444
mainly Debts after one year (-€184,361) and Net result for the year (-€43,529)
- Receivables within one year -€34,099
down €34,099 (-67.5%), from €50,500 to €16,401
of which Trade receivables: -€36,130
- Current investments +€25,687
up €25,687 (+2529.8%), from €1,015 to €26,702
- Tangible fixed assets +€12,343
up €12,343 (+5.1%), from €243,554 to €255,897
of which Furniture and vehicles: +€11,973
- Stocks and contracts +€8,084
new in 2025: €8,084
- Debts after one year -€184,361
down €184,361 (-95.5%), from €193,116 to €8,756
- Reserves -€54,917
down €54,917 (-15.9%), from €344,938 to €290,021
- Other debts -€40,388
down €40,388 (-83.0%), from €48,668 to €8,280
- Tax, wage and social debts -€17,382
down €17,382 (-76.9%), from €22,590 to €5,208
- Financial income -€74,413
down €74,413 (-99.1%), from €75,110 to €697
of which Non-recurring financial income: -€75,000
- Gross operating margin -€60,668
down €60,668, from €55,745 to -€4,923
- Taxes -€11,946
down €11,946 (-99.4%), from €12,021 to €75
- Financial charges -€8,761
down €8,761 (-55.9%), from €15,666 to €6,904
- Depreciation +€7,733
up €7,733 (+34.6%), from €22,383 to €30,116
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 | €641,769 | €350,528 | -€291,241 | -45.4% |
| Fixed assets | 21/28 | €243,554 | €255,897 | +€12,343 | +5.1% |
| Tangible fixed assets | 22/27 | €243,554 | €255,897 | +€12,343 | +5.1% |
| Land and buildings | 22 | €183,082 | €180,931 | -€2,151 | -1.2% |
| Plant, machinery and equipment | 23 | - | €2,521 | +€2,521 | |
| Furniture and vehicles | 24 | €60,473 | €72,445 | +€11,973 | +19.8% |
| Current assets | 29/58 | €398,214 | €94,631 | -€303,584 | -76.2% |
| Stocks and contracts in progress | 3 | - | €8,084 | +€8,084 | |
| Stocks | 30/36 | - | €8,084 | +€8,084 | |
| Amounts receivable within one year | 40/41 | €50,500 | €16,401 | -€34,099 | -67.5% |
| Trade receivables | 40 | €49,200 | €13,070 | -€36,130 | -73.4% |
| Other amounts receivable | 41 | €1,300 | €3,332 | +€2,031 | +156.2% |
| Current investments | 50/53 | €1,015 | €26,702 | +€25,687 | +2529.8% |
| Cash at bank and in hand | 54/58 | €346,699 | €43,444 | -€303,255 | -87.5% |
| Total equity and liabilities | 10/49 | €641,769 | €350,528 | -€291,241 | -45.4% |
| Equity | 10/15 | €363,538 | €308,621 | -€54,917 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €344,938 | €290,021 | -€54,917 | -15.9% |
| Distributable reserves | 133 | €344,938 | €290,021 | -€54,917 | -15.9% |
| Amounts payable | 17/49 | €278,231 | €41,907 | -€236,324 | -84.9% |
| Amounts payable after more than one year | 17 | €193,116 | €8,756 | -€184,361 | -95.5% |
| Financial debts | 170/4 | €193,116 | €8,756 | -€184,361 | -95.5% |
| Amounts payable within one year | 42/48 | €85,114 | €33,151 | -€51,963 | -61.1% |
| Current portion of amounts payable after more than one year | 42 | €7,984 | €8,361 | +€377 | +4.7% |
| Trade debts | 44 | €5,873 | €11,302 | +€5,429 | +92.4% |
| Suppliers | 440/4 | €5,873 | €11,302 | +€5,429 | +92.4% |
| Taxes, remuneration and social security | 45 | €22,590 | €5,208 | -€17,382 | -76.9% |
| Taxes | 450/3 | €22,590 | €5,208 | -€17,382 | -76.9% |
| Other amounts payable | 47/48 | €48,668 | €8,280 | -€40,388 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,383 | €30,116 | +€7,733 | +34.6% |
| Other operating charges | 640/8 | €1,308 | €2,145 | +€836 | +63.9% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €55,745 | -€4,923 | -€60,668 | |
| Operating profit (loss) | 9901 | €32,054 | -€37,247 | -€69,301 | |
| Financial income | 75/76B | €75,110 | €697 | -€74,413 | -99.1% |
| Recurring financial income | 75 | €110 | €697 | +€587 | +535.1% |
| Non-recurring financial income | 76B | €75,000 | - | -€75,000 | |
| Financial charges | 65/66B | €15,666 | €6,904 | -€8,761 | -55.9% |
| Recurring financial charges | 65 | €15,666 | €6,904 | -€8,761 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €91,498 | -€43,455 | -€134,953 | |
| Income taxes | 67/77 | €12,021 | €75 | -€11,946 | -99.4% |
| Profit (loss) for the period | 9904 | €79,478 | -€43,529 | -€123,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,478 | -€43,529 | -€123,007 |
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 7 October 2026 via checked.be.