RPM Construct: 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.
RPM Construct
Largest movements
- Receivables within one year +€25,262
up €25,262 (+36.1%), from €70,026 to €95,288
of which Trade receivables: +€22,993
- Trade debts +€9,193
up €9,193 (+478.4%), from €1,921 to €11,115
- Reserves +€8,000
up €8,000 (+37.4%), from €21,401 to €29,401
of which Distributable reserves: +€8,000
- Profit (loss) carried forward +€3,124
up €3,124 (+8.7%), from €35,989 to €39,113
- Short-term financial debts +€2,606
up €2,606, from €0 to €2,606
- Tax, wage and social debts +€1,508
up €1,508 (+12.8%), from €11,753 to €13,261
of which Remuneration and social security: +€4,000
- Gross operating margin +€2,853
up €2,853 (+22.9%), from €12,483 to €15,336
- Other operating charges -€1,907
down €1,907 (-77.8%), from €2,450 to €543
- Financial charges +€800
up €800 (+121.8%), from €657 to €1,457
- Taxes +€626
up €626 (+13.5%), from €4,632 to €5,258
- Financial income -€375
down €375 (-9.1%), from €4,137 to €3,762
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 | €71,065 | €95,496 | +€24,431 | +34.4% |
| Fixed assets | 21/28 | €442 | €0 | -€442 | -100.0% |
| Tangible fixed assets | 22/27 | €442 | €0 | -€442 | -100.0% |
| Plant, machinery and equipment | 23 | €442 | €0 | -€442 | -100.0% |
| Current assets | 29/58 | €70,623 | €95,496 | +€24,873 | +35.2% |
| Amounts receivable within one year | 40/41 | €70,026 | €95,288 | +€25,262 | +36.1% |
| Trade receivables | 40 | €1,173 | €24,166 | +€22,993 | +1960.3% |
| Other amounts receivable | 41 | €68,853 | €71,122 | +€2,269 | +3.3% |
| Cash at bank and in hand | 54/58 | €391 | €0 | -€391 | -100.0% |
| Deferred charges and accrued income | 490/1 | €207 | €208 | +€1 | +0.6% |
| Total equity and liabilities | 10/49 | €71,065 | €95,496 | +€24,431 | +34.4% |
| Equity | 10/15 | €57,391 | €68,515 | +€11,124 | +19.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €21,401 | €29,401 | +€8,000 | +37.4% |
| Non-distributable reserves | 130/1 | €13,401 | €13,401 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,401 | €13,401 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €16,000 | +€8,000 | +100.0% |
| Profit (loss) carried forward | 14 | €35,989 | €39,113 | +€3,124 | +8.7% |
| Amounts payable | 17/49 | €13,675 | €26,981 | +€13,307 | +97.3% |
| Amounts payable within one year | 42/48 | €13,675 | €26,981 | +€13,307 | +97.3% |
| Financial debts | 43 | €0 | €2,606 | +€2,606 | |
| Credit institutions | 430/8 | €0 | €2,606 | +€2,606 | |
| Trade debts | 44 | €1,921 | €11,115 | +€9,193 | +478.4% |
| Suppliers | 440/4 | €1,921 | €11,115 | +€9,193 | +478.4% |
| Taxes, remuneration and social security | 45 | €11,753 | €13,261 | +€1,508 | +12.8% |
| Taxes | 450/3 | €11,753 | €9,261 | -€2,492 | -21.2% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €11,738 | €0 | -€11,738 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €442 | -€14 | -3.1% |
| Other operating charges | 640/8 | €2,450 | €543 | -€1,907 | -77.8% |
| Non-recurring operating charges | 66A | - | €274 | +€274 | |
| Gross operating margin | 9900 | €12,483 | €15,336 | +€2,853 | +22.9% |
| Operating profit (loss) | 9901 | €9,577 | €14,077 | +€4,500 | +47.0% |
| Financial income | 75/76B | €4,137 | €3,762 | -€375 | -9.1% |
| Recurring financial income | 75 | €4,137 | €3,762 | -€375 | -9.1% |
| Financial charges | 65/66B | €657 | €1,457 | +€800 | +121.8% |
| Recurring financial charges | 65 | €657 | €1,457 | +€800 | +121.8% |
| Profit (loss) for the period before taxes | 9903 | €13,058 | €16,382 | +€3,324 | +25.5% |
| Income taxes | 67/77 | €4,632 | €5,258 | +€626 | +13.5% |
| Profit (loss) for the period | 9904 | €8,425 | €11,124 | +€2,698 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,425 | €11,124 | +€2,698 | +32.0% |
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.