RRCOOL: what changed
What changed
RRCOOL
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€6,546
2024 · €380+€6,166
Equity
€52,474
2024 · €45,928+€6,546
Cash
€20,609
2024 · €18,486+€2,124
Balance sheet total
€313,628
2024 · €364,213-€50,585
Largest movements
Assets
- Receivables within one year -€30,508
down €30,508 (-26.0%), from €117,243 to €86,735
of which Trade receivables: -€30,615
- Stocks and contracts -€27,194
down €27,194 (-14.4%), from €189,046 to €161,852
of which Contracts in progress: -€28,150
- Tangible fixed assets +€7,223
up €7,223 (+103%), from €6,979 to €14,203
of which Plant, machinery and equipment: +€8,868
- Financial fixed assets +€4,200
new in 2025: €4,200
Equity and liabilities
- Trade debts -€46,374
down €46,374 (-30.8%), from €150,349 to €103,975
- Accrued charges and deferred income -€25,555
down €25,555 (-95.2%), from €26,853 to €1,298
- Debts after one year +€10,194
up €10,194 (+74.3%), from €13,726 to €23,920
- Reserves +€7,000
up €7,000 (+17.5%), from €40,000 to €47,000
- Current portion of long-term debt +€5,001
up €5,001 (+60.1%), from €8,321 to €13,322
Income statement
- Staff costs -€22,655
down €22,655 (-18.6%), from €121,546 to €98,891
- Gross operating margin -€17,903
down €17,903 (-11.9%), from €150,046 to €132,143
- Depreciation -€3,419
down €3,419 (-23.4%), from €14,638 to €11,219
- Taxes +€1,541
up €1,541 (+120%), from €1,283 to €2,824
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€380
Gross operating margin
-€17,903
Staff costs
+€22,655
Depreciation
+€3,419
Other operating charges
+€664
Financial income
-€186
Financial charges
-€942
Taxes
-€1,541
Result 2025
€6,546
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,936
Investment
-€19,330
Financing
+€17,517
Cash 2024
€18,486
From operations (derived)
+€3,936
Net result for the year
+€6,546
Depreciation
+€11,219
Stocks and contracts
+€27,194
Receivables within one year
+€30,508
Deferred charges and accrued income
+€3,117
Trade debts
-€46,374
Tax, wage and social debts
-€97
Other debts
-€2,622
Accrued charges and deferred income
-€25,555
Investment (derived)
-€19,330
Investment in fixed assets (net)
-€19,330
Financing
+€17,517
Debts after one year
+€10,194
Current portion of long-term debt
+€5,001
Short-term financial debts
+€2,322
Cash 2025
€20,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,213 | €313,628 | -€50,585 | -13.9% |
| Fixed assets | 21/28 | €31,838 | €39,949 | +€8,111 | +25.5% |
| Intangible fixed assets | 21 | €24,858 | €21,546 | -€3,312 | -13.3% |
| Tangible fixed assets | 22/27 | €6,979 | €14,203 | +€7,223 | +103% |
| Plant, machinery and equipment | 23 | €2,075 | €10,943 | +€8,868 | +427% |
| Furniture and vehicles | 24 | €4,904 | €3,260 | -€1,644 | -33.5% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €332,375 | €273,680 | -€58,696 | -17.7% |
| Stocks and contracts in progress | 3 | €189,046 | €161,852 | -€27,194 | -14.4% |
| Stocks | 30/36 | €160,896 | €161,852 | +€956 | +0.6% |
| Contracts in progress | 37 | €28,150 | €0 | -€28,150 | -100% |
| Amounts receivable within one year | 40/41 | €117,243 | €86,735 | -€30,508 | -26.0% |
| Trade receivables | 40 | €113,265 | €82,651 | -€30,615 | -27.0% |
| Other amounts receivable | 41 | €3,978 | €4,085 | +€107 | +2.7% |
| Cash at bank and in hand | 54/58 | €18,486 | €20,609 | +€2,124 | +11.5% |
| Deferred charges and accrued income | 490/1 | €7,600 | €4,483 | -€3,117 | -41.0% |
| Total equity and liabilities | 10/49 | €364,213 | €313,628 | -€50,585 | -13.9% |
| Equity | 10/15 | €45,928 | €52,474 | +€6,546 | +14.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €47,000 | +€7,000 | +17.5% |
| Distributable reserves | 133 | €40,000 | €47,000 | +€7,000 | +17.5% |
| Profit (loss) carried forward | 14 | €928 | €474 | -€454 | -48.9% |
| Amounts payable | 17/49 | €318,285 | €261,154 | -€57,131 | -17.9% |
| Amounts payable after more than one year | 17 | €13,726 | €23,920 | +€10,194 | +74.3% |
| Financial debts | 170/4 | €13,726 | €23,920 | +€10,194 | +74.3% |
| Amounts payable within one year | 42/48 | €277,705 | €235,936 | -€41,769 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €8,321 | €13,322 | +€5,001 | +60.1% |
| Financial debts | 43 | €72,663 | €74,986 | +€2,322 | +3.2% |
| Credit institutions | 430/8 | €72,663 | €74,986 | +€2,322 | +3.2% |
| Trade debts | 44 | €150,349 | €103,975 | -€46,374 | -30.8% |
| Suppliers | 440/4 | €150,349 | €103,975 | -€46,374 | -30.8% |
| Taxes, remuneration and social security | 45 | €11,082 | €10,985 | -€97 | -0.9% |
| Taxes | 450/3 | €4,928 | €6,626 | +€1,699 | +34.5% |
| Remuneration and social security | 454/9 | €6,154 | €4,358 | -€1,796 | -29.2% |
| Other amounts payable | 47/48 | €35,290 | €32,668 | -€2,622 | -7.4% |
| Accrued charges and deferred income | 492/3 | €26,853 | €1,298 | -€25,555 | -95.2% |
| Non-recurring operating income | 76A | €2,583 | €19,330 | +€16,747 | +648% |
| Remuneration, social security and pensions | 62 | €121,546 | €98,891 | -€22,655 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,638 | €11,219 | -€3,419 | -23.4% |
| Other operating charges | 640/8 | €2,193 | €1,529 | -€664 | -30.3% |
| Gross operating margin | 9900 | €150,046 | €132,143 | -€17,903 | -11.9% |
| Operating profit (loss) | 9901 | €11,669 | €20,504 | +€8,835 | +75.7% |
| Financial income | 75/76B | €226 | €40 | -€186 | -82.2% |
| Recurring financial income | 75 | €226 | €40 | -€186 | -82.2% |
| Financial charges | 65/66B | €10,232 | €11,174 | +€942 | +9.2% |
| Recurring financial charges | 65 | €10,232 | €11,174 | +€942 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €1,663 | €9,370 | +€7,707 | +463% |
| Income taxes | 67/77 | €1,283 | €2,824 | +€1,541 | +120% |
| Profit (loss) for the period | 9904 | €380 | €6,546 | +€6,166 | +1,621% |
| Profit (loss) for the period to be appropriated | 9905 | €380 | €6,546 | +€6,166 | +1,621% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.