RMC CLASSICS: 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.
RMC CLASSICS
Largest movements
- Receivables within one year +€143,373
up €143,373 (+110%), from €130,295 to €273,668
of which Trade receivables: +€143,280
- Stocks and contracts +€117,442
up €117,442 (+7.4%), from €1.6m to €1.7m
- Tangible fixed assets -€58,018
down €58,018 (-5.5%), from €1.1m to €1.0m
of which Land and buildings: -€75,676
- Cash -€36,218
down €36,218 (-6.0%), from €602,167 to €565,949
mainly Debts after one year (-€149,473) and Receivables within one year (-€143,373)
- Reserves +€213,756
up €213,756 (+14.7%), from €1.5m to €1.7m
of which Distributable reserves: +€213,756
- Debts after one year -€149,473
down €149,473 (-19.1%), from €783,871 to €634,398
- Trade debts +€125,665
up €125,665 (+24.0%), from €523,568 to €649,233
- Financial charges -€16,426
down €16,426 (-31.7%), from €51,787 to €35,362
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 | €3,378,721 | €3,540,904 | +€162,183 | +4.8% |
| Fixed assets | 21/28 | €1,058,054 | €1,000,036 | -€58,018 | -5.5% |
| Tangible fixed assets | 22/27 | €1,058,054 | €1,000,036 | -€58,018 | -5.5% |
| Land and buildings | 22 | €964,314 | €888,638 | -€75,676 | -7.8% |
| Plant, machinery and equipment | 23 | €10,129 | €10,407 | +€278 | +2.7% |
| Furniture and vehicles | 24 | €4,918 | €6,207 | +€1,289 | +26.2% |
| Leasing and similar rights | 25 | €78,694 | €94,785 | +€16,091 | +20.4% |
| Current assets | 29/58 | €2,320,666 | €2,540,867 | +€220,201 | +9.5% |
| Stocks and contracts in progress | 3 | €1,579,576 | €1,697,018 | +€117,442 | +7.4% |
| Stocks | 30/36 | €1,579,576 | €1,697,018 | +€117,442 | +7.4% |
| Amounts receivable within one year | 40/41 | €130,295 | €273,668 | +€143,373 | +110% |
| Trade receivables | 40 | €22,426 | €165,706 | +€143,280 | +639% |
| Other amounts receivable | 41 | €107,869 | €107,962 | +€93 | +0.1% |
| Cash at bank and in hand | 54/58 | €602,167 | €565,949 | -€36,218 | -6.0% |
| Deferred charges and accrued income | 490/1 | €8,629 | €4,232 | -€4,396 | -50.9% |
| Total equity and liabilities | 10/49 | €3,378,721 | €3,540,904 | +€162,183 | +4.8% |
| Equity | 10/15 | €1,469,297 | €1,683,054 | +€213,756 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,450,697 | €1,664,454 | +€213,756 | +14.7% |
| Tax-exempt reserves | 132 | €93,149 | €93,149 | = | 0.0% |
| Distributable reserves | 133 | €1,357,548 | €1,571,305 | +€213,756 | +15.7% |
| Amounts payable | 17/49 | €1,909,423 | €1,857,850 | -€51,573 | -2.7% |
| Amounts payable after more than one year | 17 | €783,871 | €634,398 | -€149,473 | -19.1% |
| Financial debts | 170/4 | €783,871 | €634,398 | -€149,473 | -19.1% |
| Amounts payable within one year | 42/48 | €1,117,231 | €1,218,808 | +€101,577 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €197,009 | €193,762 | -€3,247 | -1.6% |
| Trade debts | 44 | €523,568 | €649,233 | +€125,665 | +24.0% |
| Suppliers | 440/4 | €523,568 | €649,233 | +€125,665 | +24.0% |
| Advances received on contracts in progress | 46 | €72,985 | €79,020 | +€6,034 | +8.3% |
| Taxes, remuneration and social security | 45 | €183,653 | €158,629 | -€25,024 | -13.6% |
| Taxes | 450/3 | €142,937 | €117,571 | -€25,366 | -17.7% |
| Remuneration and social security | 454/9 | €40,716 | €41,058 | +€343 | +0.8% |
| Other amounts payable | 47/48 | €140,016 | €138,164 | -€1,851 | -1.3% |
| Accrued charges and deferred income | 492/3 | €8,322 | €4,645 | -€3,677 | -44.2% |
| Non-recurring operating income | 76A | €0 | €3,900 | +€3,900 | |
| Remuneration, social security and pensions | 62 | €477,854 | €475,214 | -€2,641 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,070 | €118,063 | -€7 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,598 | €12,025 | +€2,427 | +25.3% |
| Other operating charges | 640/8 | €32,598 | €40,189 | +€7,591 | +23.3% |
| Gross operating margin | 9900 | €988,988 | €991,904 | +€2,916 | +0.3% |
| Operating profit (loss) | 9901 | €350,868 | €346,414 | -€4,454 | -1.3% |
| Financial income | 75/76B | €448 | €108 | -€340 | -75.9% |
| Recurring financial income | 75 | €448 | €108 | -€340 | -75.9% |
| Financial charges | 65/66B | €51,787 | €35,362 | -€16,426 | -31.7% |
| Recurring financial charges | 65 | €51,787 | €35,362 | -€16,426 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €299,529 | €311,160 | +€11,631 | +3.9% |
| Income taxes | 67/77 | €93,899 | €97,404 | +€3,505 | +3.7% |
| Profit (loss) for the period | 9904 | €205,630 | €213,756 | +€8,126 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €205,630 | €213,756 | +€8,126 | +4.0% |
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 18 October 2026 via checked.be.