RM TEIXEIRA CONSTRUCT: 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 TEIXEIRA CONSTRUCT
Largest movements
- Receivables within one year -€65,144
down €65,144 (-20.7%), from €314,641 to €249,497
of which Trade receivables: -€58,684
- Cash +€39,395
up €39,395 (+139%), from €28,410 to €67,804
mainly Receivables within one year (+€65,144) and Depreciation (+€5,483)
- Tangible fixed assets -€5,483
down €5,483 (-61.0%), from €8,985 to €3,502
- Deferred charges and accrued income -€4,252
down €4,252 (-24.2%), from €17,563 to €13,311
- Tax, wage and social debts -€25,329
down €25,329 (-48.8%), from €51,950 to €26,621
of which Taxes: -€25,829
- Trade debts -€10,946
down €10,946 (-38.4%), from €28,514 to €17,568
- Profit (loss) carried forward +€4,935
up €4,935 (+1.9%), from €266,088 to €271,023
- Accrued charges and deferred income -€4,145
down €4,145 (-19.7%), from €21,047 to €16,902
- Gross operating margin -€47,589
down €47,589 (-71.2%), from €66,822 to €19,234
- Write-downs -€30,706
no longer reported in 2025 (was €30,706)
- Taxes -€8,686
down €8,686 (-42.3%), from €20,556 to €11,870
- Financial charges +€1,700
up €1,700 (+123%), from €1,382 to €3,082
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 | €369,599 | €334,114 | -€35,485 | -9.6% |
| Fixed assets | 21/28 | €8,985 | €3,502 | -€5,483 | -61.0% |
| Tangible fixed assets | 22/27 | €8,985 | €3,502 | -€5,483 | -61.0% |
| Furniture and vehicles | 24 | €8,985 | €3,502 | -€5,483 | -61.0% |
| Current assets | 29/58 | €360,614 | €330,612 | -€30,001 | -8.3% |
| Amounts receivable within one year | 40/41 | €314,641 | €249,497 | -€65,144 | -20.7% |
| Trade receivables | 40 | €90,873 | €32,189 | -€58,684 | -64.6% |
| Other amounts receivable | 41 | €223,768 | €217,308 | -€6,460 | -2.9% |
| Cash at bank and in hand | 54/58 | €28,410 | €67,804 | +€39,395 | +139% |
| Deferred charges and accrued income | 490/1 | €17,563 | €13,311 | -€4,252 | -24.2% |
| Total equity and liabilities | 10/49 | €369,599 | €334,114 | -€35,485 | -9.6% |
| Equity | 10/15 | €268,088 | €273,023 | +€4,935 | +1.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,088 | €271,023 | +€4,935 | +1.9% |
| Amounts payable | 17/49 | €101,511 | €61,092 | -€40,419 | -39.8% |
| Amounts payable within one year | 42/48 | €80,464 | €44,189 | -€36,274 | -45.1% |
| Trade debts | 44 | €28,514 | €17,568 | -€10,946 | -38.4% |
| Suppliers | 440/4 | €28,514 | €17,568 | -€10,946 | -38.4% |
| Taxes, remuneration and social security | 45 | €51,950 | €26,621 | -€25,329 | -48.8% |
| Taxes | 450/3 | €51,950 | €26,121 | -€25,829 | -49.7% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Accrued charges and deferred income | 492/3 | €21,047 | €16,902 | -€4,145 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,880 | €5,483 | -€397 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,706 | - | -€30,706 | |
| Other operating charges | 640/8 | €5,347 | €5,448 | +€101 | +1.9% |
| Gross operating margin | 9900 | €66,822 | €19,234 | -€47,589 | -71.2% |
| Operating profit (loss) | 9901 | €24,889 | €8,302 | -€16,587 | -66.6% |
| Financial income | 75/76B | €12,102 | €11,585 | -€517 | -4.3% |
| Recurring financial income | 75 | €12,102 | €11,585 | -€517 | -4.3% |
| Financial charges | 65/66B | €1,382 | €3,082 | +€1,700 | +123% |
| Recurring financial charges | 65 | €1,382 | €3,082 | +€1,700 | +123% |
| Profit (loss) for the period before taxes | 9903 | €35,610 | €16,805 | -€18,805 | -52.8% |
| Income taxes | 67/77 | €20,556 | €11,870 | -€8,686 | -42.3% |
| Profit (loss) for the period | 9904 | €15,054 | €4,935 | -€10,119 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,054 | €4,935 | -€10,119 | -67.2% |
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 15 October 2026 via checked.be.