RPG CRUNCH: 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.
RPG CRUNCH
Largest movements
- Cash +€10,146
up €10,146 (+69.7%), from €14,556 to €24,702
mainly Net result for the year (+€23,335) and Trade debts (+€5,610)
- Receivables after one year -€3,334
down €3,334 (-26.2%), from €12,727 to €9,394
- Receivables within one year -€2,622
down €2,622 (-6.9%), from €37,799 to €35,177
of which Trade receivables: -€11,430
- Tangible fixed assets +€2,306
up €2,306 (+87.4%), from €2,639 to €4,945
of which Furniture and vehicles: +€2,526
- Reserves +€21,650
up €21,650 (+26.9%), from €80,432 to €102,083
- Tax, wage and social debts -€12,579
down €12,579 (-42.9%), from €29,350 to €16,771
of which Remuneration and social security: -€9,411
- Debts after one year -€8,184
no longer reported in 2025 (was €8,184)
- Trade debts +€5,610
up €5,610 (+516%), from €1,088 to €6,699
- Gross operating margin -€9,979
down €9,979 (-8.7%), from €114,887 to €104,909
- Financial charges +€3,609
up €3,609 (+151%), from €2,394 to €6,003
- Taxes -€3,471
down €3,471 (-25.1%), from €13,856 to €10,385
- Staff costs -€1,247
down €1,247 (-1.9%), from €63,968 to €62,721
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 | €126,739 | €133,236 | +€6,498 | +5.1% |
| Fixed assets | 21/28 | €61,639 | €63,945 | +€2,306 | +3.7% |
| Tangible fixed assets | 22/27 | €2,639 | €4,945 | +€2,306 | +87.4% |
| Plant, machinery and equipment | 23 | €312 | €92 | -€220 | -70.6% |
| Furniture and vehicles | 24 | €2,327 | €4,854 | +€2,526 | +109% |
| Financial fixed assets | 28 | €59,000 | €59,000 | = | 0.0% |
| Current assets | 29/58 | €65,100 | €69,291 | +€4,192 | +6.4% |
| Amounts receivable after more than one year | 29 | €12,727 | €9,394 | -€3,334 | -26.2% |
| Other amounts receivable | 291 | €12,727 | €9,394 | -€3,334 | -26.2% |
| Amounts receivable within one year | 40/41 | €37,799 | €35,177 | -€2,622 | -6.9% |
| Trade receivables | 40 | €27,430 | €16,000 | -€11,430 | -41.7% |
| Other amounts receivable | 41 | €10,369 | €19,177 | +€8,808 | +84.9% |
| Cash at bank and in hand | 54/58 | €14,556 | €24,702 | +€10,146 | +69.7% |
| Deferred charges and accrued income | 490/1 | €18 | €19 | +€1 | +5.6% |
| Total equity and liabilities | 10/49 | €126,739 | €133,236 | +€6,498 | +5.1% |
| Equity | 10/15 | €86,432 | €108,083 | +€21,650 | +25.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €80,432 | €102,083 | +€21,650 | +26.9% |
| Distributable reserves | 133 | €80,432 | €102,083 | +€21,650 | +26.9% |
| Amounts payable | 17/49 | €40,307 | €25,154 | -€15,153 | -37.6% |
| Amounts payable after more than one year | 17 | €8,184 | - | -€8,184 | |
| Financial debts | 170/4 | €8,184 | - | -€8,184 | |
| Amounts payable within one year | 42/48 | €32,123 | €25,154 | -€6,969 | -21.7% |
| Trade debts | 44 | €1,088 | €6,699 | +€5,610 | +516% |
| Suppliers | 440/4 | €1,088 | €6,699 | +€5,610 | +516% |
| Taxes, remuneration and social security | 45 | €29,350 | €16,771 | -€12,579 | -42.9% |
| Taxes | 450/3 | €19,162 | €15,994 | -€3,168 | -16.5% |
| Remuneration and social security | 454/9 | €10,188 | €777 | -€9,411 | -92.4% |
| Other amounts payable | 47/48 | €1,684 | €1,684 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €63,968 | €62,721 | -€1,247 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €1,465 | +€584 | +66.3% |
| Other operating charges | 640/8 | €2,487 | €1,816 | -€671 | -27.0% |
| Gross operating margin | 9900 | €114,887 | €104,909 | -€9,979 | -8.7% |
| Operating profit (loss) | 9901 | €47,551 | €38,907 | -€8,644 | -18.2% |
| Financial income | 75/76B | €755 | €816 | +€60 | +8.0% |
| Recurring financial income | 75 | €755 | €816 | +€60 | +8.0% |
| Financial charges | 65/66B | €2,394 | €6,003 | +€3,609 | +151% |
| Recurring financial charges | 65 | €2,394 | €6,003 | +€3,609 | +151% |
| Profit (loss) for the period before taxes | 9903 | €45,912 | €33,720 | -€12,193 | -26.6% |
| Income taxes | 67/77 | €13,856 | €10,385 | -€3,471 | -25.1% |
| Profit (loss) for the period | 9904 | €32,056 | €23,335 | -€8,722 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,056 | €23,335 | -€8,722 | -27.2% |
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 13 October 2026 via checked.be.