RRCI: 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.
RRCI
Largest movements
- Tangible fixed assets -€22,756
down €22,756 (-2.6%), from €870,317 to €847,561
of which Land and buildings: -€31,083
- Cash -€11,156
down €11,156 (-29.2%), from €38,145 to €26,989
mainly Debts after one year (-€69,900) and Investment in fixed assets (net) (-€28,857)
- Debts after one year -€69,900
down €69,900 (-17.0%), from €412,123 to €342,223
- Reserves +€47,454
up €47,454 (+13.1%), from €361,000 to €408,454
- Trade debts +€14,807
new in 2025: €14,807
- Other debts -€11,042
down €11,042 (-62.2%), from €17,753 to €6,711
- Depreciation +€8,435
up €8,435 (+19.5%), from €43,178 to €51,613
- Financial charges +€6,698
up €6,698 (+45.2%), from €14,832 to €21,530
- Taxes -€3,924
down €3,924 (-15.1%), from €26,060 to €22,136
- Other operating charges +€2,629
up €2,629 (+213.7%), from €1,231 to €3,860
- Gross operating margin -€2,458
down €2,458 (-1.6%), from €149,052 to €146,593
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 | €1,074,211 | €1,052,999 | -€21,212 | -2.0% |
| Fixed assets | 21/28 | €870,317 | €847,561 | -€22,756 | -2.6% |
| Tangible fixed assets | 22/27 | €870,317 | €847,561 | -€22,756 | -2.6% |
| Land and buildings | 22 | €795,662 | €764,579 | -€31,083 | -3.9% |
| Plant, machinery and equipment | 23 | €2,051 | €897 | -€1,154 | -56.3% |
| Furniture and vehicles | 24 | €23,487 | €40,917 | +€17,430 | +74.2% |
| Other tangible fixed assets | 26 | €49,117 | €41,167 | -€7,949 | -16.2% |
| Current assets | 29/58 | €203,893 | €205,437 | +€1,544 | +0.8% |
| Stocks and contracts in progress | 3 | €135,879 | €143,279 | +€7,400 | +5.4% |
| Stocks | 30/36 | €135,879 | €143,279 | +€7,400 | +5.4% |
| Amounts receivable within one year | 40/41 | €27,656 | €32,956 | +€5,300 | +19.2% |
| Trade receivables | 40 | €27,656 | €30,347 | +€2,691 | +9.7% |
| Other amounts receivable | 41 | - | €2,610 | +€2,610 | |
| Cash at bank and in hand | 54/58 | €38,145 | €26,989 | -€11,156 | -29.2% |
| Deferred charges and accrued income | 490/1 | €2,213 | €2,213 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,074,211 | €1,052,999 | -€21,212 | -2.0% |
| Equity | 10/15 | €537,860 | €585,315 | +€47,454 | +8.8% |
| Contributions | 10/11 | €140,953 | €140,953 | = | 0.0% |
| Reserves | 13 | €361,000 | €408,454 | +€47,454 | +13.1% |
| Non-distributable reserves | 130/1 | €361,000 | €408,454 | +€47,454 | +13.1% |
| Other | 1319 | €361,000 | €408,454 | +€47,454 | +13.1% |
| Profit (loss) carried forward | 14 | €35,907 | €35,907 | = | 0.0% |
| Amounts payable | 17/49 | €536,351 | €467,684 | -€68,666 | -12.8% |
| Amounts payable after more than one year | 17 | €412,123 | €342,223 | -€69,900 | -17.0% |
| Financial debts | 170/4 | €412,123 | €342,223 | -€69,900 | -17.0% |
| Amounts payable within one year | 42/48 | €124,227 | €125,461 | +€1,234 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €78,871 | €79,429 | +€558 | +0.7% |
| Trade debts | 44 | - | €14,807 | +€14,807 | |
| Suppliers | 440/4 | - | €14,807 | +€14,807 | |
| Taxes, remuneration and social security | 45 | €27,603 | €24,515 | -€3,088 | -11.2% |
| Taxes | 450/3 | €27,603 | €24,515 | -€3,088 | -11.2% |
| Other amounts payable | 47/48 | €17,753 | €6,711 | -€11,042 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,178 | €51,613 | +€8,435 | +19.5% |
| Other operating charges | 640/8 | €1,231 | €3,860 | +€2,629 | +213.7% |
| Gross operating margin | 9900 | €149,052 | €146,593 | -€2,458 | -1.6% |
| Operating profit (loss) | 9901 | €104,643 | €91,120 | -€13,523 | -12.9% |
| Financial charges | 65/66B | €14,832 | €21,530 | +€6,698 | +45.2% |
| Recurring financial charges | 65 | €14,832 | €21,530 | +€6,698 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €89,812 | €69,590 | -€20,221 | -22.5% |
| Income taxes | 67/77 | €26,060 | €22,136 | -€3,924 | -15.1% |
| Profit (loss) for the period | 9904 | €63,751 | €47,454 | -€16,297 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,751 | €47,454 | -€16,297 | -25.6% |
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.