RPP GROUP: 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.
RPP GROUP
Largest movements
- Cash +€160,807
up €160,807 (+59.5%), from €270,137 to €430,944
mainly Accrued charges and deferred income (+€156,003) and Trade debts (+€91,014)
- Receivables within one year +€51,084
up €51,084 (+4.6%), from €1.1m to €1.2m
of which Trade receivables: +€207,161
- Deferred charges and accrued income +€39,113
up €39,113 (+190%), from €20,584 to €59,697
- Accrued charges and deferred income +€156,003
new in 2025: €156,003
- Trade debts +€91,014
up €91,014 (+51.0%), from €178,309 to €269,323
of which Suppliers: +€173,065
- Other debts +€35,841
up €35,841 (+11.2%), from €320,382 to €356,223
- Profit (loss) carried forward -€22,830
down €22,830 (-2.7%), from €838,630 to €815,800
- Gross operating margin +€86,871
up €86,871 (+6.2%), from €1.4m to €1.5m
- Staff costs +€25,000
up €25,000 (+1.9%), from €1.3m to €1.3m
- Financial charges +€21,938
up €21,938 (+813%), from €2,700 to €24,638
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 | €1,507,471 | €1,751,807 | +€244,336 | +16.2% |
| Fixed assets | 21/28 | €108,577 | €101,909 | -€6,668 | -6.1% |
| Tangible fixed assets | 22/27 | €24,054 | €17,386 | -€6,668 | -27.7% |
| Furniture and vehicles | 24 | €21,463 | €16,777 | -€4,686 | -21.8% |
| Other tangible fixed assets | 26 | €2,591 | €609 | -€1,982 | -76.5% |
| Financial fixed assets | 28 | €84,523 | €84,523 | = | 0.0% |
| Current assets | 29/58 | €1,398,894 | €1,649,898 | +€251,004 | +17.9% |
| Amounts receivable within one year | 40/41 | €1,108,173 | €1,159,257 | +€51,084 | +4.6% |
| Trade receivables | 40 | €726,736 | €933,897 | +€207,161 | +28.5% |
| Other amounts receivable | 41 | €381,437 | €225,360 | -€156,077 | -40.9% |
| Cash at bank and in hand | 54/58 | €270,137 | €430,944 | +€160,807 | +59.5% |
| Deferred charges and accrued income | 490/1 | €20,584 | €59,697 | +€39,113 | +190% |
| Total equity and liabilities | 10/49 | €1,507,471 | €1,751,807 | +€244,336 | +16.2% |
| Equity | 10/15 | €859,090 | €836,260 | -€22,830 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €838,630 | €815,800 | -€22,830 | -2.7% |
| Amounts payable | 17/49 | €648,381 | €915,547 | +€267,166 | +41.2% |
| Amounts payable within one year | 42/48 | €648,381 | €759,544 | +€111,163 | +17.1% |
| Trade debts | 44 | €178,309 | €269,323 | +€91,014 | +51.0% |
| Suppliers | 440/4 | €96,258 | €269,323 | +€173,065 | +180% |
| Bills of exchange payable | 441 | €82,051 | - | -€82,051 | |
| Taxes, remuneration and social security | 45 | €149,690 | €133,998 | -€15,692 | -10.5% |
| Taxes | 450/3 | €149,690 | €133,998 | -€15,692 | -10.5% |
| Other amounts payable | 47/48 | €320,382 | €356,223 | +€35,841 | +11.2% |
| Accrued charges and deferred income | 492/3 | - | €156,003 | +€156,003 | |
| Remuneration, social security and pensions | 62 | €1,288,865 | €1,313,865 | +€25,000 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,918 | €14,953 | -€5,965 | -28.5% |
| Other operating charges | 640/8 | €45,699 | €42,892 | -€2,807 | -6.1% |
| Gross operating margin | 9900 | €1,412,082 | €1,498,953 | +€86,871 | +6.2% |
| Operating profit (loss) | 9901 | €56,600 | €127,243 | +€70,643 | +125% |
| Financial income | 75/76B | €5,124 | - | -€5,124 | |
| Recurring financial income | 75 | €5,124 | - | -€5,124 | |
| Financial charges | 65/66B | €2,700 | €24,638 | +€21,938 | +813% |
| Recurring financial charges | 65 | €2,700 | €24,638 | +€21,938 | +813% |
| Profit (loss) for the period before taxes | 9903 | €59,024 | €102,605 | +€43,581 | +73.8% |
| Income taxes | 67/77 | €25,644 | €31,583 | +€5,939 | +23.2% |
| Profit (loss) for the period | 9904 | €33,380 | €71,022 | +€37,642 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €33,380 | €71,022 | +€37,642 | +113% |
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 19 October 2026 via checked.be.