RN INVEST: 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.
RN INVEST
Largest movements
- Receivables within one year +€6,596
up €6,596 (+116%), from €5,676 to €12,272
of which Other amounts receivable: +€4,862
- Cash -€6,197
down €6,197 (-77.5%), from €7,994 to €1,797
mainly Receivables within one year (-€6,596) and Tax, wage and social debts (-€609)
- Deferred charges and accrued income +€398
new in 2025: €398
- Formation expenses -€191
down €191 (-49.9%), from €383 to €192
- Profit (loss) carried forward +€983
up €983 (+79.6%), from €1,235 to €2,218
- Tax, wage and social debts -€609
down €609 (-47.3%), from €1,288 to €679
- Trade debts +€228
up €228 (+4.5%), from €5,116 to €5,344
- Gross operating margin -€2,108
down €2,108 (-44.1%), from €4,785 to €2,677
- Purchases and services +€1,229
up €1,229 (+7.3%), from €16,916 to €18,145
- Turnover -€879
down €879 (-4.1%), from €21,701 to €20,822
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 | €14,053 | €14,659 | +€606 | +4.3% |
| Formation expenses | 20 | €383 | €192 | -€191 | -49.9% |
| Current assets | 29/58 | €13,670 | €14,467 | +€797 | +5.8% |
| Amounts receivable within one year | 40/41 | €5,676 | €12,272 | +€6,596 | +116% |
| Trade receivables | 40 | - | €1,734 | +€1,734 | |
| Other amounts receivable | 41 | €5,676 | €10,538 | +€4,862 | +85.7% |
| Cash at bank and in hand | 54/58 | €7,994 | €1,797 | -€6,197 | -77.5% |
| Deferred charges and accrued income | 490/1 | - | €398 | +€398 | |
| Total equity and liabilities | 10/49 | €14,053 | €14,659 | +€606 | +4.3% |
| Equity | 10/15 | €7,435 | €8,418 | +€983 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,235 | €2,218 | +€983 | +79.6% |
| Amounts payable | 17/49 | €6,618 | €6,241 | -€377 | -5.7% |
| Amounts payable within one year | 42/48 | €6,404 | €6,023 | -€381 | -5.9% |
| Trade debts | 44 | €5,116 | €5,344 | +€228 | +4.5% |
| Suppliers | 440/4 | €5,116 | €5,344 | +€228 | +4.5% |
| Taxes, remuneration and social security | 45 | €1,288 | €679 | -€609 | -47.3% |
| Taxes | 450/3 | €1,288 | €679 | -€609 | -47.3% |
| Accrued charges and deferred income | 492/3 | €214 | €218 | +€4 | +1.9% |
| Turnover | 70 | €21,701 | €20,822 | -€879 | -4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,916 | €18,145 | +€1,229 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192 | €192 | = | 0.0% |
| Other operating charges | 640/8 | €1,142 | €956 | -€186 | -16.3% |
| Gross operating margin | 9900 | €4,785 | €2,677 | -€2,108 | -44.1% |
| Operating profit (loss) | 9901 | €3,451 | €1,529 | -€1,922 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €3,451 | €1,529 | -€1,922 | -55.7% |
| Income taxes | 67/77 | €631 | €546 | -€85 | -13.5% |
| Profit (loss) for the period | 9904 | €2,820 | €983 | -€1,837 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,820 | €983 | -€1,837 | -65.1% |
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 21 October 2026 via checked.be.