RNJ ADVISORY: 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.
RNJ ADVISORY
Largest movements
- Receivables within one year +€17,354
up €17,354 (+83.0%), from €20,900 to €38,254
of which Other amounts receivable: +€35,651
- Cash -€15,197
no longer reported in 2025 (was €15,197)
mainly Receivables within one year (-€17,354) and Other debts (-€12,275)
- Tangible fixed assets +€6,080
new in 2025: €6,080
- Profit (loss) carried forward +€14,054
up €14,054 (+125%), from €11,240 to €25,293
- Other debts -€12,275
no longer reported in 2025 (was €12,275)
- Short-term financial debts +€11,363
new in 2025: €11,363
of which Credit institutions: +€7,031
- Trade debts -€6,336
no longer reported in 2025 (was €6,336)
- Tax, wage and social debts +€1,432
up €1,432 (+29.5%), from €4,846 to €6,278
- Gross operating margin +€3,364
up €3,364 (+17.1%), from €19,710 to €23,074
- Financial income +€900
new in 2025: €900
- Taxes +€900
up €900 (+30.0%), from €3,000 to €3,900
- Depreciation +€731
new in 2025: €731
- Other operating charges -€354
no longer reported in 2025 (was €354)
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 | €36,097 | €44,334 | +€8,237 | +22.8% |
| Fixed assets | 21/28 | - | €6,080 | +€6,080 | |
| Tangible fixed assets | 22/27 | - | €6,080 | +€6,080 | |
| Furniture and vehicles | 24 | - | €6,080 | +€6,080 | |
| Current assets | 29/58 | €36,097 | €38,254 | +€2,157 | +6.0% |
| Amounts receivable within one year | 40/41 | €20,900 | €38,254 | +€17,354 | +83.0% |
| Trade receivables | 40 | €20,900 | €2,603 | -€18,297 | -87.5% |
| Other amounts receivable | 41 | - | €35,651 | +€35,651 | |
| Cash at bank and in hand | 54/58 | €15,197 | - | -€15,197 | |
| Total equity and liabilities | 10/49 | €36,097 | €44,334 | +€8,237 | +22.8% |
| Equity | 10/15 | €12,640 | €26,693 | +€14,054 | +111% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,240 | €25,293 | +€14,054 | +125% |
| Amounts payable | 17/49 | €23,457 | €17,641 | -€5,817 | -24.8% |
| Amounts payable within one year | 42/48 | €23,457 | €17,641 | -€5,817 | -24.8% |
| Financial debts | 43 | - | €11,363 | +€11,363 | |
| Credit institutions | 430/8 | - | €7,031 | +€7,031 | |
| Other loans | 439 | - | €4,332 | +€4,332 | |
| Trade debts | 44 | €6,336 | - | -€6,336 | |
| Suppliers | 440/4 | €6,336 | - | -€6,336 | |
| Taxes, remuneration and social security | 45 | €4,846 | €6,278 | +€1,432 | +29.5% |
| Taxes | 450/3 | €4,846 | €6,278 | +€1,432 | +29.5% |
| Other amounts payable | 47/48 | €12,275 | - | -€12,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €731 | +€731 | |
| Other operating charges | 640/8 | €354 | - | -€354 | |
| Gross operating margin | 9900 | €19,710 | €23,074 | +€3,364 | +17.1% |
| Operating profit (loss) | 9901 | €19,356 | €22,343 | +€2,987 | +15.4% |
| Financial income | 75/76B | - | €900 | +€900 | |
| Recurring financial income | 75 | - | €900 | +€900 | |
| Financial charges | 65/66B | €117 | €289 | +€173 | +148% |
| Recurring financial charges | 65 | €117 | €289 | +€173 | +148% |
| Profit (loss) for the period before taxes | 9903 | €19,240 | €22,954 | +€3,714 | +19.3% |
| Income taxes | 67/77 | €3,000 | €3,900 | +€900 | +30.0% |
| Profit (loss) for the period | 9904 | €16,240 | €19,054 | +€2,814 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,240 | €19,054 | +€2,814 | +17.3% |
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 16 October 2026 via checked.be.