RO-Trading: what changed
Two fiscal 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.
RO-Trading
Largest movements
- Receivables within one year -€8,837
down €8,837 (-59.7%), from €14,806 to €5,969
of which Trade receivables: -€8,397
- Cash +€8,017
up €8,017, from €0 to €8,017
mainly Receivables within one year (+€8,837) and Net result for the year (+€3,041)
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€612
up €612 (+136.2%), from €449 to €1,061
- Gross operating margin +€563
up €563 (+15.8%), from €3,568 to €4,131
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 | €365,012 | €363,985 | -€1,026 | -0.3% |
| Fixed assets | 21/28 | €350,000 | €350,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €350,000 | €350,000 | = | 0.0% |
| Land and buildings | 22 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €15,012 | €13,985 | -€1,026 | -6.8% |
| Amounts receivable within one year | 40/41 | €14,806 | €5,969 | -€8,837 | -59.7% |
| Trade receivables | 40 | €12,975 | €4,578 | -€8,397 | -64.7% |
| Other amounts receivable | 41 | €1,831 | €1,390 | -€441 | -24.1% |
| Cash at bank and in hand | 54/58 | €0 | €8,017 | +€8,017 | |
| Deferred charges and accrued income | 490/1 | €206 | €0 | -€206 | -100.0% |
| Total equity and liabilities | 10/49 | €365,012 | €363,985 | -€1,026 | -0.3% |
| Equity | 10/15 | €360,944 | €363,985 | +€3,041 | +0.8% |
| Contributions | 10/11 | €34,670 | €34,670 | = | 0.0% |
| Reserves | 13 | €349,729 | €349,729 | = | 0.0% |
| Tax-exempt reserves | 132 | €98,148 | €0 | -€98,148 | -100.0% |
| Distributable reserves | 133 | €251,581 | €349,729 | +€98,148 | +39.0% |
| Profit (loss) carried forward | 14 | -€23,455 | -€20,414 | +€3,041 | +13.0% |
| Amounts payable | 17/49 | €4,068 | €0 | -€4,068 | -100.0% |
| Amounts payable within one year | 42/48 | €4,068 | €0 | -€4,068 | -100.0% |
| Financial debts | 43 | €45 | €0 | -€45 | -100.0% |
| Credit institutions | 430/8 | €45 | €0 | -€45 | -100.0% |
| Trade debts | 44 | €673 | €0 | -€673 | -100.0% |
| Suppliers | 440/4 | €673 | €0 | -€673 | -100.0% |
| Taxes, remuneration and social security | 45 | €441 | €0 | -€441 | -100.0% |
| Taxes | 450/3 | €441 | €0 | -€441 | -100.0% |
| Other amounts payable | 47/48 | €2,909 | €0 | -€2,909 | -100.0% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Other operating charges | 640/8 | €449 | €1,061 | +€612 | +136.2% |
| Gross operating margin | 9900 | €3,568 | €4,131 | +€563 | +15.8% |
| Operating profit (loss) | 9901 | €3,119 | €3,069 | -€49 | -1.6% |
| Financial charges | 65/66B | €44 | €28 | -€15 | -35.1% |
| Recurring financial charges | 65 | €44 | €28 | -€15 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €3,075 | €3,041 | -€34 | -1.1% |
| Profit (loss) for the period | 9904 | €3,075 | €3,041 | -€34 | -1.1% |
| Transfer from tax-exempt reserves | 789 | - | €98,148 | +€98,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,075 | €101,189 | +€98,114 | +3190.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.