RN TRADE: 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 TRADE
Largest movements
- Cash +€72,385
up €72,385 (+2412.8%), from €3,000 to €75,385
mainly Current investments (+€46,364) and Tax, wage and social debts (+€17,106)
- Current investments -€46,364
no longer reported in 2025 (was €46,364)
- Receivables within one year +€4,138
up €4,138 (+10.1%), from €40,838 to €44,976
of which Other amounts receivable: +€6,661
- Tangible fixed assets -€2,637
down €2,637 (-39.9%), from €6,606 to €3,970
- Tax, wage and social debts +€17,106
up €17,106 (+64.4%), from €26,550 to €43,656
- Profit (loss) carried forward +€8,812
up €8,812 (+16.5%), from €53,472 to €62,284
- Trade debts +€1,604
up €1,604 (+14.9%), from €10,787 to €12,391
- Gross operating margin -€33,629
down €33,629 (-45.2%), from €74,377 to €40,748
- Staff costs +€14,404
new in 2025: €14,404
- Financial charges -€4,532
down €4,532 (-94.5%), from €4,795 to €263
- Taxes +€1,509
up €1,509 (+11.3%), from €13,368 to €14,877
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 | €96,808 | €124,330 | +€27,522 | +28.4% |
| Fixed assets | 21/28 | €6,606 | €3,970 | -€2,637 | -39.9% |
| Tangible fixed assets | 22/27 | €6,606 | €3,970 | -€2,637 | -39.9% |
| Furniture and vehicles | 24 | €6,606 | €3,970 | -€2,637 | -39.9% |
| Current assets | 29/58 | €90,202 | €120,360 | +€30,159 | +33.4% |
| Amounts receivable within one year | 40/41 | €40,838 | €44,976 | +€4,138 | +10.1% |
| Trade receivables | 40 | €40,838 | €38,315 | -€2,523 | -6.2% |
| Other amounts receivable | 41 | - | €6,661 | +€6,661 | |
| Current investments | 50/53 | €46,364 | - | -€46,364 | |
| Cash at bank and in hand | 54/58 | €3,000 | €75,385 | +€72,385 | +2412.8% |
| Total equity and liabilities | 10/49 | €96,808 | €124,330 | +€27,522 | +28.4% |
| Equity | 10/15 | €59,472 | €68,284 | +€8,812 | +14.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,472 | €62,284 | +€8,812 | +16.5% |
| Amounts payable | 17/49 | €37,337 | €56,047 | +€18,710 | +50.1% |
| Amounts payable within one year | 42/48 | €37,337 | €56,047 | +€18,710 | +50.1% |
| Trade debts | 44 | €10,787 | €12,391 | +€1,604 | +14.9% |
| Suppliers | 440/4 | €10,787 | €12,391 | +€1,604 | +14.9% |
| Taxes, remuneration and social security | 45 | €26,550 | €43,656 | +€17,106 | +64.4% |
| Taxes | 450/3 | €26,550 | €43,656 | +€17,106 | +64.4% |
| Remuneration, social security and pensions | 62 | - | €14,404 | +€14,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,637 | €2,637 | = | 0.0% |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | €74,377 | €40,748 | -€33,629 | -45.2% |
| Operating profit (loss) | 9901 | €71,635 | €23,601 | -€48,033 | -67.1% |
| Financial income | 75/76B | - | €351 | +€351 | |
| Recurring financial income | 75 | - | €351 | +€351 | |
| Financial charges | 65/66B | €4,795 | €263 | -€4,532 | -94.5% |
| Recurring financial charges | 65 | €4,795 | €263 | -€4,532 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €66,840 | €23,690 | -€43,150 | -64.6% |
| Income taxes | 67/77 | €13,368 | €14,877 | +€1,509 | +11.3% |
| Profit (loss) for the period | 9904 | €53,472 | €8,812 | -€44,660 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,472 | €8,812 | -€44,660 | -83.5% |
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.