RT-COMPANY: 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.
What changed
RT-COMPANY
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€331,687
2024 · -€113,496-€218,191
Equity
€117,117
2024 · €448,804-€331,687
Cash
€33,530
2024 · €84,123-€50,593
Balance sheet total
€18.4m
2024 · €16.2m+€2.2m
Largest movements
Assets
- Stocks and contracts +€1.2m
up €1.2m (+19.7%), from €6.2m to €7.4m
- Receivables within one year +€1.1m
up €1.1m (+144%), from €741,659 to €1.8m
of which Other amounts receivable: +€955,338
Equity and liabilities
- Short-term financial debts +€3.0m
up €3.0m (+45.9%), from €6.5m to €9.5m
- Other debts -€717,805
down €717,805 (-51.5%), from €1.4m to €675,087
- Profit (loss) carried forward -€331,687
down €331,687 (-42.6%), from -€778,796 to -€1.1m
Income statement
- Other operating charges +€278,251
up €278,251 (+380%), from €73,231 to €351,482
- Financial charges +€95,208
up €95,208 (+25.7%), from €370,913 to €466,121
- Gross operating margin +€81,260
up €81,260 (+53.5%), from €151,961 to €233,221
- Financial income +€74,752
up €74,752 (+30.7%), from €243,342 to €318,094
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.
Result 2024
-€113,496
Gross operating margin
+€81,260
Staff costs
-€1,125
Depreciation
+€358
Other operating charges
-€278,251
Financial income
+€74,752
Financial charges
-€95,208
Taxes
+€22
Result 2025
-€331,687
raises the resultlowers the result
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.
From operations
-€3.0m
Investment
-€2,206
Financing
+€3.0m
Cash 2024
€84,123
From operations (derived)
-€3.0m
Net result for the year
-€331,687
Depreciation
+€8,807
Stocks and contracts
-€1.2m
Receivables within one year
-€1.1m
Deferred charges and accrued income
+€41,083
Trade debts
+€75,160
Tax, wage and social debts
+€11,653
Other debts
-€717,805
Accrued charges and deferred income
+€155,862
Investment (derived)
-€2,206
Investment in fixed assets (net)
-€2,206
Financing
+€3.0m
Debts after one year
+€2,201
Short-term financial debts
+€3.0m
Cash 2025
€33,530
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,245,622 | €18,430,702 | +€2.2m | +13.5% |
| Fixed assets | 21/28 | €1,816,448 | €1,809,847 | -€6,601 | -0.4% |
| Tangible fixed assets | 22/27 | €1,806,198 | €1,799,597 | -€6,601 | -0.4% |
| Land and buildings | 22 | €1,773,037 | €1,773,037 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,194 | €3,885 | -€309 | -7.4% |
| Furniture and vehicles | 24 | €28,966 | €22,675 | -€6,292 | -21.7% |
| Financial fixed assets | 28 | €10,250 | €10,250 | = | 0.0% |
| Current assets | 29/58 | €14,429,174 | €16,620,855 | +€2.2m | +15.2% |
| Amounts receivable after more than one year | 29 | €7,400,000 | €7,400,000 | = | 0.0% |
| Other amounts receivable | 291 | €7,400,000 | €7,400,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,150,280 | €7,364,707 | +€1.2m | +19.7% |
| Stocks | 30/36 | €6,150,280 | €7,364,707 | +€1.2m | +19.7% |
| Amounts receivable within one year | 40/41 | €741,659 | €1,810,590 | +€1.1m | +144% |
| Trade receivables | 40 | €76,145 | €189,738 | +€113,593 | +149% |
| Other amounts receivable | 41 | €665,514 | €1,620,852 | +€955,338 | +144% |
| Cash at bank and in hand | 54/58 | €84,123 | €33,530 | -€50,593 | -60.1% |
| Deferred charges and accrued income | 490/1 | €53,111 | €12,028 | -€41,083 | -77.4% |
| Total equity and liabilities | 10/49 | €16,245,622 | €18,430,702 | +€2.2m | +13.5% |
| Equity | 10/15 | €448,804 | €117,117 | -€331,687 | -73.9% |
| Contributions | 10/11 | €1,227,600 | €1,227,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€778,796 | -€1,110,483 | -€331,687 | -42.6% |
| Amounts payable | 17/49 | €15,796,818 | €18,313,586 | +€2.5m | +15.9% |
| Amounts payable after more than one year | 17 | €7,800,412 | €7,802,613 | +€2,201 | 0.0% |
| Financial debts | 170/4 | €7,800,412 | €7,802,613 | +€2,201 | 0.0% |
| Amounts payable within one year | 42/48 | €7,996,406 | €10,355,111 | +€2.4m | +29.5% |
| Financial debts | 43 | €6,514,502 | €9,504,198 | +€3.0m | +45.9% |
| Credit institutions | 430/8 | €6,514,502 | €9,504,198 | +€3.0m | +45.9% |
| Trade debts | 44 | €66,255 | €141,415 | +€75,160 | +113% |
| Suppliers | 440/4 | €66,255 | €141,415 | +€75,160 | +113% |
| Taxes, remuneration and social security | 45 | €22,757 | €34,410 | +€11,653 | +51.2% |
| Taxes | 450/3 | €16,666 | €28,042 | +€11,376 | +68.3% |
| Remuneration and social security | 454/9 | €6,091 | €6,368 | +€277 | +4.5% |
| Other amounts payable | 47/48 | €1,392,892 | €675,087 | -€717,805 | -51.5% |
| Accrued charges and deferred income | 492/3 | - | €155,862 | +€155,862 | |
| Non-recurring operating income | 76A | €5,271 | €0 | -€5,271 | -100% |
| Remuneration, social security and pensions | 62 | €55,226 | €56,351 | +€1,125 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,165 | €8,807 | -€358 | -3.9% |
| Other operating charges | 640/8 | €73,231 | €351,482 | +€278,251 | +380% |
| Gross operating margin | 9900 | €151,961 | €233,221 | +€81,260 | +53.5% |
| Operating profit (loss) | 9901 | €14,339 | -€183,419 | -€197,758 | |
| Financial income | 75/76B | €243,342 | €318,094 | +€74,752 | +30.7% |
| Recurring financial income | 75 | €243,342 | €318,094 | +€74,752 | +30.7% |
| Financial charges | 65/66B | €370,913 | €466,121 | +€95,208 | +25.7% |
| Recurring financial charges | 65 | €370,913 | €466,121 | +€95,208 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | -€113,232 | -€331,446 | -€218,214 | -193% |
| Income taxes | 67/77 | €264 | €242 | -€22 | -8.5% |
| Profit (loss) for the period | 9904 | -€113,496 | -€331,687 | -€218,191 | -192% |
| Profit (loss) for the period to be appropriated | 9905 | -€113,496 | -€331,687 | -€218,191 | -192% |
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 22 October 2026 via checked.be.