RPE: 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.
RPE
Largest movements
- Cash -€8,959
down €8,959 (-15.5%), from €57,828 to €48,869
mainly Contributions, distributions and other (-€65,000) and Investment in fixed assets (net) (-€1,822)
- Profit (loss) carried forward -€13,789
down €13,789 (-94.8%), from €14,540 to €751
- Tax, wage and social debts +€2,776
up €2,776 (+57.8%), from €4,802 to €7,578
of which Taxes: +€5,076
- Other debts +€2,698
up €2,698 (+4.9%), from €55,000 to €57,698
- Gross operating margin +€14,049
up €14,049 (+23.2%), from €60,483 to €74,532
- Taxes +€6,623
up €6,623 (+51.0%), from €12,998 to €19,620
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 | €78,124 | €69,642 | -€8,482 | -10.9% |
| Fixed assets | 21/28 | €4,220 | €4,178 | -€43 | -1.0% |
| Tangible fixed assets | 22/27 | €4,220 | €4,178 | -€43 | -1.0% |
| Furniture and vehicles | 24 | €3,495 | €4,178 | +€682 | +19.5% |
| Other tangible fixed assets | 26 | €725 | - | -€725 | |
| Current assets | 29/58 | €73,904 | €65,465 | -€8,439 | -11.4% |
| Amounts receivable within one year | 40/41 | €14,755 | €15,207 | +€452 | +3.1% |
| Trade receivables | 40 | €14,326 | €14,805 | +€478 | +3.3% |
| Other amounts receivable | 41 | €429 | €402 | -€27 | -6.2% |
| Cash at bank and in hand | 54/58 | €57,828 | €48,869 | -€8,959 | -15.5% |
| Deferred charges and accrued income | 490/1 | €1,321 | €1,389 | +€68 | +5.2% |
| Total equity and liabilities | 10/49 | €78,124 | €69,642 | -€8,482 | -10.9% |
| Equity | 10/15 | €17,040 | €3,251 | -€13,789 | -80.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,540 | €751 | -€13,789 | -94.8% |
| Amounts payable | 17/49 | €61,084 | €66,392 | +€5,307 | +8.7% |
| Amounts payable within one year | 42/48 | €61,080 | €66,392 | +€5,312 | +8.7% |
| Trade debts | 44 | €1,278 | €1,116 | -€162 | -12.7% |
| Suppliers | 440/4 | €1,278 | €1,116 | -€162 | -12.7% |
| Taxes, remuneration and social security | 45 | €4,802 | €7,578 | +€2,776 | +57.8% |
| Taxes | 450/3 | €2,502 | €7,578 | +€5,076 | +202.9% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €55,000 | €57,698 | +€2,698 | +4.9% |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €1,865 | +€106 | +6.0% |
| Other operating charges | 640/8 | €387 | €1,009 | +€622 | +160.5% |
| Non-recurring operating charges | 66A | - | €725 | +€725 | |
| Gross operating margin | 9900 | €60,483 | €74,532 | +€14,049 | +23.2% |
| Operating profit (loss) | 9901 | €58,336 | €70,933 | +€12,597 | +21.6% |
| Financial income | 75/76B | €6 | €12 | +€6 | +109.5% |
| Recurring financial income | 75 | €6 | €12 | +€6 | +109.5% |
| Financial charges | 65/66B | €114 | €114 | = | 0.0% |
| Recurring financial charges | 65 | €114 | €114 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €58,228 | €70,831 | +€12,603 | +21.6% |
| Income taxes | 67/77 | €12,998 | €19,620 | +€6,623 | +51.0% |
| Profit (loss) for the period | 9904 | €45,230 | €51,211 | +€5,981 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,230 | €51,211 | +€5,981 | +13.2% |
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 11 October 2026 via checked.be.