RP MANAGEMENT: 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.
What changed
RP MANAGEMENT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,456
2024 · -€14,466+€26,922
Equity
€39,505
2024 · €27,049+€12,456
Cash
€11,099
2024 · €4,087+€7,012
Balance sheet total
€1.6m
2024 · €1.7m-€100,398
Largest movements
Assets
- Receivables within one year -€113,116
down €113,116 (-11.0%), from €1.0m to €911,541
of which Other amounts receivable: -€112,886
- Deferred charges and accrued income +€16,892
up €16,892 (+726%), from €2,327 to €19,219
Equity and liabilities
- Other debts -€92,796
down €92,796 (-5.9%), from €1.6m to €1.5m
- Debts after one year -€30,180
down €30,180 (-100%), from €30,180 to €0
Income statement
- Financial charges -€42,732
down €42,732 (-88.3%), from €48,417 to €5,685
- Financial income -€11,690
down €11,690 (-33.3%), from €35,063 to €23,373
- Gross operating margin -€2,614
down €2,614 (-8.4%), from €31,016 to €28,402
- Depreciation +€1,455
up €1,455 (+5.9%), from €24,705 to €26,160
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.
Result 2024
-€14,466
Gross operating margin
-€2,614
Depreciation
-€1,455
Other operating charges
-€133
Financial income
-€11,690
Financial charges
+€42,732
Taxes
+€83
Result 2025
€12,456
raises the resultlowers the result
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.
From operations
+€50,700
Investment
-€14,974
Financing
-€28,713
Cash 2024
€4,087
From operations (derived)
+€50,700
Net result for the year
+€12,456
Depreciation
+€26,160
Receivables within one year
+€113,116
Deferred charges and accrued income
-€16,892
Trade debts
+€12,472
Tax, wage and social debts
-€3,848
Other debts
-€92,796
Accrued charges and deferred income
+€31
Investment (derived)
-€14,974
Investment in fixed assets (net)
-€14,974
Financing
-€28,713
Debts after one year
-€30,180
Current portion of long-term debt
+€1,467
Cash 2025
€11,099
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,682,020 | €1,581,622 | -€100,398 | -6.0% |
| Fixed assets | 21/28 | €191,925 | €180,739 | -€11,186 | -5.8% |
| Tangible fixed assets | 22/27 | €137,805 | €126,619 | -€11,186 | -8.1% |
| Land and buildings | 22 | €113,724 | €92,252 | -€21,472 | -18.9% |
| Furniture and vehicles | 24 | - | €6,992 | +€6,992 | |
| Other tangible fixed assets | 26 | €24,081 | €27,375 | +€3,294 | +13.7% |
| Financial fixed assets | 28 | €54,120 | €54,120 | = | 0.0% |
| Current assets | 29/58 | €1,490,095 | €1,400,883 | -€89,212 | -6.0% |
| Amounts receivable after more than one year | 29 | €459,024 | €459,024 | = | 0.0% |
| Trade receivables | 290 | €459,024 | €459,024 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,024,657 | €911,541 | -€113,116 | -11.0% |
| Trade receivables | 40 | €45,546 | €45,316 | -€230 | -0.5% |
| Other amounts receivable | 41 | €979,111 | €866,225 | -€112,886 | -11.5% |
| Cash at bank and in hand | 54/58 | €4,087 | €11,099 | +€7,012 | +172% |
| Deferred charges and accrued income | 490/1 | €2,327 | €19,219 | +€16,892 | +726% |
| Total equity and liabilities | 10/49 | €1,682,020 | €1,581,622 | -€100,398 | -6.0% |
| Equity | 10/15 | €27,049 | €39,505 | +€12,456 | +46.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,649 | €27,105 | +€12,456 | +85.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €12,649 | €27,105 | +€14,456 | +114% |
| Amounts payable | 17/49 | €1,654,971 | €1,542,117 | -€112,854 | -6.8% |
| Amounts payable after more than one year | 17 | €30,180 | €0 | -€30,180 | -100% |
| Financial debts | 170/4 | €30,180 | €0 | -€30,180 | -100% |
| Amounts payable within one year | 42/48 | €1,623,824 | €1,541,119 | -€82,705 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €28,713 | €30,180 | +€1,467 | +5.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,933 | €21,405 | +€12,472 | +140% |
| Suppliers | 440/4 | €8,933 | €21,405 | +€12,472 | +140% |
| Taxes, remuneration and social security | 45 | €7,418 | €3,570 | -€3,848 | -51.9% |
| Taxes | 450/3 | €7,418 | €3,570 | -€3,848 | -51.9% |
| Other amounts payable | 47/48 | €1,578,760 | €1,485,964 | -€92,796 | -5.9% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,705 | €26,160 | +€1,455 | +5.9% |
| Other operating charges | 640/8 | €3,381 | €3,514 | +€133 | +3.9% |
| Gross operating margin | 9900 | €31,016 | €28,402 | -€2,614 | -8.4% |
| Operating profit (loss) | 9901 | €2,929 | -€1,273 | -€4,202 | |
| Financial income | 75/76B | €35,063 | €23,373 | -€11,690 | -33.3% |
| Recurring financial income | 75 | €35,063 | €23,373 | -€11,690 | -33.3% |
| Financial charges | 65/66B | €48,417 | €5,685 | -€42,732 | -88.3% |
| Recurring financial charges | 65 | €48,417 | €5,685 | -€42,732 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,425 | €16,415 | +€26,840 | |
| Income taxes | 67/77 | €4,042 | €3,959 | -€83 | -2.0% |
| Profit (loss) for the period | 9904 | -€14,466 | €12,456 | +€26,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,466 | €12,456 | +€26,922 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.