RM WELDING & SERVICES: 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 WELDING & SERVICES
Largest movements
- Cash -€73,869
down €73,869 (-71.3%), from €103,659 to €29,790
mainly Contributions, distributions and other (-€90,000) and Receivables within one year (-€40,643)
- Receivables within one year +€40,643
up €40,643 (+80.2%), from €50,681 to €91,324
of which Trade receivables: +€40,163
- Tangible fixed assets +€8,959
up €8,959 (+23.7%), from €37,863 to €46,822
of which Plant, machinery and equipment: +€10,338
- Deferred charges and accrued income -€2,353
down €2,353 (-45.1%), from €5,212 to €2,859
- Profit (loss) carried forward -€32,560
down €32,560 (-20.3%), from €160,462 to €127,901
- Accrued charges and deferred income -€8,957
down €8,957 (-100.0%), from €8,957 to €0
- Tax, wage and social debts +€7,282
up €7,282 (+33.4%), from €21,793 to €29,075
of which Taxes: +€7,282
- Trade debts +€7,132
up €7,132 (+629.6%), from €1,133 to €8,265
- Gross operating margin -€10,027
down €10,027 (-10.5%), from €95,302 to €85,275
- Depreciation +€4,199
up €4,199 (+70.9%), from €5,924 to €10,123
- Taxes -€2,843
down €2,843 (-15.5%), from €18,342 to €15,500
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 | €197,414 | €170,795 | -€26,620 | -13.5% |
| Fixed assets | 21/28 | €37,863 | €46,822 | +€8,959 | +23.7% |
| Tangible fixed assets | 22/27 | €37,863 | €46,822 | +€8,959 | +23.7% |
| Land and buildings | 22 | €19,660 | €17,545 | -€2,116 | -10.8% |
| Plant, machinery and equipment | 23 | €10,444 | €20,781 | +€10,338 | +99.0% |
| Furniture and vehicles | 24 | €7,759 | €8,496 | +€737 | +9.5% |
| Current assets | 29/58 | €159,552 | €123,973 | -€35,579 | -22.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €50,681 | €91,324 | +€40,643 | +80.2% |
| Trade receivables | 40 | €50,661 | €90,824 | +€40,163 | +79.3% |
| Other amounts receivable | 41 | €20 | €500 | +€481 | +2447.0% |
| Cash at bank and in hand | 54/58 | €103,659 | €29,790 | -€73,869 | -71.3% |
| Deferred charges and accrued income | 490/1 | €5,212 | €2,859 | -€2,353 | -45.1% |
| Total equity and liabilities | 10/49 | €197,414 | €170,795 | -€26,620 | -13.5% |
| Equity | 10/15 | €165,462 | €132,901 | -€32,560 | -19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,462 | €127,901 | -€32,560 | -20.3% |
| Amounts payable | 17/49 | €31,953 | €37,894 | +€5,941 | +18.6% |
| Amounts payable within one year | 42/48 | €22,996 | €37,894 | +€14,898 | +64.8% |
| Trade debts | 44 | €1,133 | €8,265 | +€7,132 | +629.6% |
| Suppliers | 440/4 | €1,133 | €8,265 | +€7,132 | +629.6% |
| Taxes, remuneration and social security | 45 | €21,793 | €29,075 | +€7,282 | +33.4% |
| Taxes | 450/3 | €21,793 | €29,075 | +€7,282 | +33.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €70 | €554 | +€484 | +692.1% |
| Accrued charges and deferred income | 492/3 | €8,957 | €0 | -€8,957 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,924 | €10,123 | +€4,199 | +70.9% |
| Other operating charges | 640/8 | €864 | €1,109 | +€244 | +28.3% |
| Non-recurring operating charges | 66A | - | €972 | +€972 | |
| Gross operating margin | 9900 | €95,302 | €85,275 | -€10,027 | -10.5% |
| Operating profit (loss) | 9901 | €88,513 | €73,071 | -€15,442 | -17.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €126 | €132 | +€6 | +4.7% |
| Recurring financial charges | 65 | €126 | €132 | +€6 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €88,387 | €72,939 | -€15,448 | -17.5% |
| Income taxes | 67/77 | €18,342 | €15,500 | -€2,843 | -15.5% |
| Profit (loss) for the period | 9904 | €70,045 | €57,440 | -€12,605 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,045 | €57,440 | -€12,605 | -18.0% |
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.