RPC HOLDING: 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.
What changed
RPC HOLDING
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€131,400
2024 · €1.4m-€1.5m
Equity
€11.3m
2024 · €11.7m-€381,400
Cash
€1.7m
2024 · €852,737+€866,336
Balance sheet total
€12.7m
2024 · €11.9m+€855,569
Largest movements
Assets
- Tangible fixed assets +€2.9m
up €2.9m (+1608.6%), from €180,931 to €3.1m
of which Land and buildings: +€2.8m
- Current investments -€1.9m
down €1.9m (-57.1%), from €3.4m to €1.5m
- Receivables after one year -€1.3m
down €1.3m (-47.3%), from €2.8m to €1.5m
- Cash +€866,336
up €866,336 (+101.6%), from €852,737 to €1.7m
mainly Current investments (+€1.9m) and Receivables after one year (+€1.3m)
- Receivables within one year +€532,427
up €532,427 (+134.3%), from €396,576 to €929,003
of which Other amounts receivable: +€457,974
Equity and liabilities
- Debts after one year +€980,000
new in 2025: €980,000
- Profit (loss) carried forward -€381,400
down €381,400 (-91.3%), from €417,649 to €36,249
Income statement
- Financial income -€1.2m
down €1.2m (-90.7%), from €1.3m to €123,871
- Turnover +€427,718
new in 2025: €427,718
- Services and other goods +€233,672
new in 2025: €233,672
- Financial charges +€223,530
up €223,530 (+16097.9%), from €1,389 to €224,918
- Depreciation +€166,231
up €166,231 (+422.2%), from €39,374 to €205,605
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
€1.4m
Turnover
+€427,718
Other operating income
+€11,840
Services and other goods
-€233,672
Depreciation
-€166,231
Other operating charges
-€9,217
Other operating items
-€144,321
Financial income
-€1.2m
Financial charges
-€223,530
Taxes
+€39,505
Result 2025
-€131,400
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.
From operations
+€996,590
Investment
-€980,253
Financing
+€850,000
Cash 2024
€852,737
From operations (derived)
+€996,590
Net result for the year
-€131,400
Depreciation
+€205,605
Receivables after one year
+€1.3m
Receivables within one year
-€532,427
Deferred charges and accrued income
+€17,843
Trade debts
+€25,584
Tax, wage and social debts
+€8,924
Other debts
+€110,464
Accrued charges and deferred income
-€8,003
Investment (derived)
-€980,253
Investment in fixed assets (net)
-€2.9m
Current investments
+€1.9m
Financing
+€850,000
Debts after one year
+€980,000
Current portion of long-term debt
+€120,000
Contributions, distributions and other
-€250,000
Cash 2025
€1.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,876,690 | €12,732,258 | +€855,569 | +7.2% |
| Fixed assets | 21/28 | €4,428,597 | €7,152,146 | +€2.7m | +61.5% |
| Tangible fixed assets | 22/27 | €180,931 | €3,091,365 | +€2.9m | +1608.6% |
| Land and buildings | 22 | - | €2,781,709 | +€2.8m | |
| Plant, machinery and equipment | 23 | €20,780 | €180,256 | +€159,476 | +767.5% |
| Furniture and vehicles | 24 | €160,151 | €129,401 | -€30,750 | -19.2% |
| Financial fixed assets | 28 | €4,247,666 | €4,060,780 | -€186,886 | -4.4% |
| Affiliated companies | 280/1 | - | €4,060,780 | +€4.1m | |
| Participating interests | 280 | - | €4,060,780 | +€4.1m | |
| Other financial fixed assets | 284/8 | - | €0 | = | |
| Amounts receivable and cash guarantees | 285/8 | - | €0 | = | |
| Current assets | 29/58 | €7,448,093 | €5,580,113 | -€1.9m | -25.1% |
| Amounts receivable after more than one year | 29 | €2,750,000 | €1,450,000 | -€1.3m | -47.3% |
| Other amounts receivable | 291 | €2,750,000 | €1,450,000 | -€1.3m | -47.3% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €396,576 | €929,003 | +€532,427 | +134.3% |
| Trade receivables | 40 | €87,000 | €161,453 | +€74,453 | +85.6% |
| Other amounts receivable | 41 | €309,576 | €767,550 | +€457,974 | +147.9% |
| Current investments | 50/53 | €3,415,500 | €1,466,600 | -€1.9m | -57.1% |
| Other investments | 51/53 | - | €1,466,600 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €852,737 | €1,719,073 | +€866,336 | +101.6% |
| Deferred charges and accrued income | 490/1 | €33,279 | €15,437 | -€17,843 | -53.6% |
| Total equity and liabilities | 10/49 | €11,876,690 | €12,732,258 | +€855,569 | +7.2% |
| Equity | 10/15 | €11,670,149 | €11,288,749 | -€381,400 | -3.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,250,000 | €11,250,000 | = | 0.0% |
| Distributable reserves | 133 | €11,250,000 | €11,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €417,649 | €36,249 | -€381,400 | -91.3% |
| Amounts payable | 17/49 | €206,541 | €1,443,510 | +€1.2m | +598.9% |
| Amounts payable after more than one year | 17 | - | €980,000 | +€980,000 | |
| Financial debts | 170/4 | - | €980,000 | +€980,000 | |
| Credit institutions | 173 | - | €980,000 | +€980,000 | |
| Amounts payable within one year | 42/48 | €153,104 | €418,076 | +€264,972 | +173.1% |
| Current portion of amounts payable after more than one year | 42 | - | €120,000 | +€120,000 | |
| Trade debts | 44 | €0 | €25,584 | +€25,584 | |
| Suppliers | 440/4 | €0 | €25,584 | +€25,584 | |
| Taxes, remuneration and social security | 45 | €10,287 | €19,211 | +€8,924 | +86.7% |
| Taxes | 450/3 | €10,287 | €19,211 | +€8,924 | +86.7% |
| Other amounts payable | 47/48 | €142,817 | €253,281 | +€110,464 | +77.3% |
| Accrued charges and deferred income | 492/3 | €53,437 | €45,434 | -€8,003 | -15.0% |
| Operating income | 70/76A | - | €439,559 | +€439,559 | |
| Turnover | 70 | - | €427,718 | +€427,718 | |
| Other operating income | 74 | - | €11,840 | +€11,840 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Operating charges | 60/66A | - | €449,935 | +€449,935 | |
| Services and other goods | 61 | - | €233,672 | +€233,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,374 | €205,605 | +€166,231 | +422.2% |
| Other operating charges | 640/8 | €1,440 | €10,658 | +€9,217 | +640.0% |
| Gross operating margin | 9900 | €144,321 | - | -€144,321 | |
| Operating profit (loss) | 9901 | €103,507 | -€10,376 | -€113,883 | |
| Financial income | 75/76B | €1,334,381 | €123,871 | -€1.2m | -90.7% |
| Recurring financial income | 75 | €1,334,381 | €123,871 | -€1.2m | -90.7% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | - | €123,871 | +€123,871 | |
| Other financial income | 752/9 | - | €0 | = | |
| Financial charges | 65/66B | €1,389 | €224,918 | +€223,530 | +16097.9% |
| Recurring financial charges | 65 | €1,389 | €224,918 | +€223,530 | +16097.9% |
| Debt charges | 650 | - | €29,753 | +€29,753 | |
| Other financial charges | 652/9 | - | €195,165 | +€195,165 | |
| Profit (loss) for the period before taxes | 9903 | €1,436,499 | -€111,423 | -€1.5m | |
| Income taxes | 67/77 | €59,482 | €19,977 | -€39,505 | -66.4% |
| Taxes | 670/3 | - | €19,977 | +€19,977 | |
| Profit (loss) for the period | 9904 | €1,377,017 | -€131,400 | -€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,377,017 | -€131,400 | -€1.5m |
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 7 October 2026 via checked.be.