RMS: 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.
RMS
Largest movements
- Receivables within one year +€45,797
up €45,797 (+64.7%), from €70,835 to €116,632
of which Other amounts receivable: +€60,112
- Receivables after one year -€37,275
down €37,275 (-39.3%), from €94,810 to €57,535
- Cash +€22,156
up €22,156 (+627.4%), from €3,532 to €25,688
mainly Other debts (+€49,749) and Receivables after one year (+€37,275)
- Other debts +€49,749
new in 2025: €49,749
- Reserves -€15,205
down €15,205 (-10.0%), from €151,316 to €136,111
of which Distributable reserves: -€15,205
- Short-term financial debts -€5,071
down €5,071 (-100.0%), from €5,071 to €0
- Gross operating margin +€2,177
up €2,177 (+4.6%), from €47,498 to €49,676
- Financial income -€774
down €774 (-12.5%), from €6,169 to €5,395
- Financial charges -€628
down €628 (-11.5%), from €5,479 to €4,850
- Taxes +€567
up €567 (+4.3%), from €13,316 to €13,883
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 | €171,978 | €203,387 | +€31,409 | +18.3% |
| Fixed assets | 21/28 | €2,702 | €2,927 | +€226 | +8.3% |
| Tangible fixed assets | 22/27 | €2,702 | €2,927 | +€226 | +8.3% |
| Furniture and vehicles | 24 | €787 | €1,219 | +€432 | +54.9% |
| Other tangible fixed assets | 26 | €1,915 | €1,708 | -€206 | -10.8% |
| Current assets | 29/58 | €169,276 | €200,459 | +€31,183 | +18.4% |
| Amounts receivable after more than one year | 29 | €94,810 | €57,535 | -€37,275 | -39.3% |
| Other amounts receivable | 291 | €94,810 | €57,535 | -€37,275 | -39.3% |
| Amounts receivable within one year | 40/41 | €70,835 | €116,632 | +€45,797 | +64.7% |
| Trade receivables | 40 | €25,950 | €11,634 | -€14,316 | -55.2% |
| Other amounts receivable | 41 | €44,885 | €104,998 | +€60,112 | +133.9% |
| Current investments | 50/53 | €14 | €16 | +€2 | +12.6% |
| Cash at bank and in hand | 54/58 | €3,532 | €25,688 | +€22,156 | +627.4% |
| Deferred charges and accrued income | 490/1 | €85 | €589 | +€504 | +591.7% |
| Total equity and liabilities | 10/49 | €171,978 | €203,387 | +€31,409 | +18.3% |
| Equity | 10/15 | €157,516 | €142,311 | -€15,205 | -9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,316 | €136,111 | -€15,205 | -10.0% |
| Tax-exempt reserves | 132 | €11,086 | €11,086 | = | 0.0% |
| Distributable reserves | 133 | €140,230 | €125,025 | -€15,205 | -10.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,461 | €61,075 | +€46,614 | +322.3% |
| Amounts payable within one year | 42/48 | €14,441 | €61,053 | +€46,612 | +322.8% |
| Financial debts | 43 | €5,071 | €0 | -€5,071 | -100.0% |
| Credit institutions | 430/8 | €5,071 | €0 | -€5,071 | -100.0% |
| Trade debts | 44 | €2,825 | €2,731 | -€94 | -3.3% |
| Suppliers | 440/4 | €2,825 | €2,731 | -€94 | -3.3% |
| Taxes, remuneration and social security | 45 | €6,545 | €8,573 | +€2,028 | +31.0% |
| Taxes | 450/3 | €6,545 | €8,573 | +€2,028 | +31.0% |
| Other amounts payable | 47/48 | - | €49,749 | +€49,749 | |
| Accrued charges and deferred income | 492/3 | €20 | €22 | +€2 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,080 | €765 | -€315 | -29.2% |
| Other operating charges | 640/8 | €1,127 | €1,029 | -€98 | -8.7% |
| Gross operating margin | 9900 | €47,498 | €49,676 | +€2,177 | +4.6% |
| Operating profit (loss) | 9901 | €45,291 | €47,881 | +€2,591 | +5.7% |
| Financial income | 75/76B | €6,169 | €5,395 | -€774 | -12.5% |
| Recurring financial income | 75 | €6,169 | €5,395 | -€774 | -12.5% |
| Financial charges | 65/66B | €5,479 | €4,850 | -€628 | -11.5% |
| Recurring financial charges | 65 | €5,479 | €4,850 | -€628 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €45,981 | €48,427 | +€2,445 | +5.3% |
| Income taxes | 67/77 | €13,316 | €13,883 | +€567 | +4.3% |
| Profit (loss) for the period | 9904 | €32,666 | €34,544 | +€1,878 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,666 | €34,544 | +€1,878 | +5.7% |
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 10 October 2026 via checked.be.