RM VISION: 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 VISION
Largest movements
- Cash +€21,720
up €21,720 (+522.7%), from €4,156 to €25,875
mainly Net result for the year (+€42,904) and Other debts (+€11,270)
- Tangible fixed assets +€18,558
up €18,558 (+22003.3%), from €84 to €18,642
of which Furniture and vehicles: +€18,642
- Receivables within one year +€17,954
up €17,954 (+213.7%), from €8,401 to €26,355
of which Trade receivables: +€12,379
- Receivables after one year -€2,657
no longer reported in 2025 (was €2,657)
of which Trade receivables: -€1,416
- Profit (loss) carried forward +€42,904
up €42,904, from -€22,528 to €20,376
- Other debts +€11,270
up €11,270 (+62.5%), from €18,031 to €29,301
- Trade debts +€1,741
new in 2025: €1,741
- Gross operating margin +€46,492
up €46,492 (+212.4%), from €21,891 to €68,384
- Turnover +€41,747
up €41,747 (+33.1%), from €126,126 to €167,872
- Staff costs -€12,242
down €12,242 (-34.0%), from €36,057 to €23,816
- Purchases and services -€4,746
down €4,746 (-4.6%), from €104,235 to €99,489
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 | €15,385 | €70,959 | +€55,574 | +361.2% |
| Fixed assets | 21/28 | €171 | €18,729 | +€18,558 | +10853.7% |
| Tangible fixed assets | 22/27 | €84 | €18,642 | +€18,558 | +22003.3% |
| Plant, machinery and equipment | 23 | €84 | - | -€84 | |
| Furniture and vehicles | 24 | - | €18,642 | +€18,642 | |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €15,214 | €52,230 | +€37,016 | +243.3% |
| Amounts receivable after more than one year | 29 | €2,657 | - | -€2,657 | |
| Trade receivables | 290 | €1,416 | - | -€1,416 | |
| Other amounts receivable | 291 | €1,242 | - | -€1,242 | |
| Amounts receivable within one year | 40/41 | €8,401 | €26,355 | +€17,954 | +213.7% |
| Trade receivables | 40 | €7,261 | €19,640 | +€12,379 | +170.5% |
| Other amounts receivable | 41 | €1,140 | €6,715 | +€5,575 | +489.1% |
| Cash at bank and in hand | 54/58 | €4,156 | €25,875 | +€21,720 | +522.7% |
| Total equity and liabilities | 10/49 | €15,385 | €70,959 | +€55,574 | +361.2% |
| Equity | 10/15 | -€3,928 | €38,976 | +€42,904 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,528 | €20,376 | +€42,904 | |
| Amounts payable | 17/49 | €19,312 | €31,982 | +€12,670 | +65.6% |
| Amounts payable within one year | 42/48 | €19,312 | €31,982 | +€12,670 | +65.6% |
| Trade debts | 44 | - | €1,741 | +€1,741 | |
| Suppliers | 440/4 | - | €1,741 | +€1,741 | |
| Taxes, remuneration and social security | 45 | €1,281 | €941 | -€340 | -26.6% |
| Remuneration and social security | 454/9 | €1,281 | €941 | -€340 | -26.6% |
| Other amounts payable | 47/48 | €18,031 | €29,301 | +€11,270 | +62.5% |
| Turnover | 70 | €126,126 | €167,872 | +€41,747 | +33.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €104,235 | €99,489 | -€4,746 | -4.6% |
| Remuneration, social security and pensions | 62 | €36,057 | €23,816 | -€12,242 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | €1,052 | +€818 | +349.9% |
| Other operating charges | 640/8 | €661 | €276 | -€384 | -58.2% |
| Gross operating margin | 9900 | €21,891 | €68,384 | +€46,492 | +212.4% |
| Operating profit (loss) | 9901 | -€15,060 | €43,239 | +€58,300 | |
| Financial income | 75/76B | €224 | €6 | -€218 | -97.5% |
| Recurring financial income | 75 | €224 | €6 | -€218 | -97.5% |
| Financial charges | 65/66B | €382 | €341 | -€41 | -10.7% |
| Recurring financial charges | 65 | €382 | €341 | -€41 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,218 | €42,904 | +€58,122 | |
| Profit (loss) for the period | 9904 | -€15,218 | €42,904 | +€58,122 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,218 | €42,904 | +€58,122 |
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 28 September 2026 via checked.be.