RPO PROJECTS: 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.
RPO PROJECTS
Largest movements
- Receivables within one year -€8,819
down €8,819 (-21.1%), from €41,808 to €32,990
of which Trade receivables: -€22,374
- Cash +€7,769
up €7,769 (+215.8%), from €3,600 to €11,369
mainly Receivables within one year (+€8,819) and Net result for the year (+€3,648)
- Tangible fixed assets -€809
down €809 (-31.3%), from €2,584 to €1,775
- Trade debts -€7,186
down €7,186 (-84.0%), from €8,552 to €1,365
- Reserves +€3,648
up €3,648 (+19.7%), from €18,546 to €22,194
- Tax, wage and social debts +€1,679
up €1,679 (+10.2%), from €16,495 to €18,174
of which Taxes: +€1,970
- Other operating charges -€5,952
down €5,952 (-91.8%), from €6,481 to €528
- Gross operating margin -€4,436
down €4,436 (-29.5%), from €15,043 to €10,606
- Taxes +€957
up €957 (+20.8%), from €4,609 to €5,566
- Financial charges -€452
down €452 (-82.4%), from €548 to €96
- Depreciation +€257
up €257 (+46.6%), from €552 to €809
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 | €47,992 | €46,134 | -€1,859 | -3.9% |
| Fixed assets | 21/28 | €2,584 | €1,775 | -€809 | -31.3% |
| Tangible fixed assets | 22/27 | €2,584 | €1,775 | -€809 | -31.3% |
| Furniture and vehicles | 24 | €2,584 | €1,775 | -€809 | -31.3% |
| Current assets | 29/58 | €45,408 | €44,358 | -€1,050 | -2.3% |
| Amounts receivable within one year | 40/41 | €41,808 | €32,990 | -€8,819 | -21.1% |
| Trade receivables | 40 | €41,583 | €19,210 | -€22,374 | -53.8% |
| Other amounts receivable | 41 | €225 | €13,780 | +€13,555 | +6014.2% |
| Cash at bank and in hand | 54/58 | €3,600 | €11,369 | +€7,769 | +215.8% |
| Total equity and liabilities | 10/49 | €47,992 | €46,134 | -€1,859 | -3.9% |
| Equity | 10/15 | €20,546 | €24,194 | +€3,648 | +17.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,546 | €22,194 | +€3,648 | +19.7% |
| Distributable reserves | 133 | €18,546 | €22,194 | +€3,648 | +19.7% |
| Amounts payable | 17/49 | €27,447 | €21,939 | -€5,507 | -20.1% |
| Amounts payable within one year | 42/48 | €25,047 | €19,539 | -€5,507 | -22.0% |
| Trade debts | 44 | €8,552 | €1,365 | -€7,186 | -84.0% |
| Suppliers | 440/4 | €8,552 | €1,365 | -€7,186 | -84.0% |
| Taxes, remuneration and social security | 45 | €16,495 | €18,174 | +€1,679 | +10.2% |
| Taxes | 450/3 | €16,204 | €18,174 | +€1,970 | +12.2% |
| Remuneration and social security | 454/9 | €291 | €0 | -€291 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €552 | €809 | +€257 | +46.6% |
| Other operating charges | 640/8 | €6,481 | €528 | -€5,952 | -91.8% |
| Gross operating margin | 9900 | €15,043 | €10,606 | -€4,436 | -29.5% |
| Operating profit (loss) | 9901 | €8,010 | €9,269 | +€1,259 | +15.7% |
| Financial income | 75/76B | €3 | €42 | +€39 | +1220.3% |
| Recurring financial income | 75 | €3 | €42 | +€39 | +1220.3% |
| Financial charges | 65/66B | €548 | €96 | -€452 | -82.4% |
| Recurring financial charges | 65 | €548 | €96 | -€452 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €7,465 | €9,215 | +€1,750 | +23.4% |
| Income taxes | 67/77 | €4,609 | €5,566 | +€957 | +20.8% |
| Profit (loss) for the period | 9904 | €2,855 | €3,648 | +€793 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,855 | €3,648 | +€793 | +27.8% |
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 12 October 2026 via checked.be.