RT CONSULT: 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.
RT CONSULT
Largest movements
- Current investments +€13,499
up €13,499 (+4.2%), from €319,238 to €332,737
- Tangible fixed assets -€11,918
down €11,918 (-4.4%), from €270,593 to €258,675
of which Land and buildings: -€7,418
- Cash +€10,653
up €10,653 (+9.7%), from €110,052 to €120,705
mainly Net result for the year (+€44,132) and Depreciation (+€15,563)
- Reserves +€44,132
up €44,132 (+6.7%), from €657,823 to €701,955
of which Distributable reserves: +€44,132
- Other debts -€40,500
down €40,500 (-85.1%), from €47,581 to €7,081
- Gross operating margin -€7,357
down €7,357 (-7.9%), from €93,238 to €85,881
- Taxes +€2,456
up €2,456 (+11.4%), from €21,569 to €24,025
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 | €718,019 | €728,066 | +€10,047 | +1.4% |
| Fixed assets | 21/28 | €270,593 | €258,675 | -€11,918 | -4.4% |
| Tangible fixed assets | 22/27 | €270,593 | €258,675 | -€11,918 | -4.4% |
| Land and buildings | 22 | €253,969 | €246,551 | -€7,418 | -2.9% |
| Plant, machinery and equipment | 23 | €466 | €385 | -€81 | -17.3% |
| Furniture and vehicles | 24 | €16,158 | €11,739 | -€4,419 | -27.3% |
| Current assets | 29/58 | €447,426 | €469,391 | +€21,965 | +4.9% |
| Amounts receivable within one year | 40/41 | €18,136 | €15,949 | -€2,188 | -12.1% |
| Trade receivables | 40 | €14,520 | €14,974 | +€454 | +3.1% |
| Other amounts receivable | 41 | €3,616 | €975 | -€2,641 | -73.0% |
| Current investments | 50/53 | €319,238 | €332,737 | +€13,499 | +4.2% |
| Cash at bank and in hand | 54/58 | €110,052 | €120,705 | +€10,653 | +9.7% |
| Total equity and liabilities | 10/49 | €718,019 | €728,066 | +€10,047 | +1.4% |
| Equity | 10/15 | €665,340 | €709,472 | +€44,132 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €657,823 | €701,955 | +€44,132 | +6.7% |
| Non-distributable reserves | 130/1 | €9,060 | €9,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,060 | €9,060 | = | 0.0% |
| Distributable reserves | 133 | €648,763 | €692,895 | +€44,132 | +6.8% |
| Profit (loss) carried forward | 14 | €1,317 | €1,317 | = | 0.0% |
| Amounts payable | 17/49 | €52,678 | €18,593 | -€34,085 | -64.7% |
| Amounts payable within one year | 42/48 | €52,678 | €18,593 | -€34,085 | -64.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €795 | €1,457 | +€663 | +83.4% |
| Suppliers | 440/4 | €795 | €1,457 | +€663 | +83.4% |
| Taxes, remuneration and social security | 45 | €4,302 | €10,055 | +€5,753 | +133.7% |
| Taxes | 450/3 | €4,302 | €10,055 | +€5,753 | +133.7% |
| Other amounts payable | 47/48 | €47,581 | €7,081 | -€40,500 | -85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,074 | €15,563 | +€489 | +3.2% |
| Other operating charges | 640/8 | €1,454 | €1,852 | +€398 | +27.4% |
| Gross operating margin | 9900 | €93,238 | €85,881 | -€7,357 | -7.9% |
| Operating profit (loss) | 9901 | €76,709 | €68,466 | -€8,243 | -10.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €310 | €309 | -€0 | -0.2% |
| Recurring financial charges | 65 | €310 | €309 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €76,400 | €68,157 | -€8,243 | -10.8% |
| Income taxes | 67/77 | €21,569 | €24,025 | +€2,456 | +11.4% |
| Profit (loss) for the period | 9904 | €54,831 | €44,132 | -€10,698 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,831 | €44,132 | -€10,698 | -19.5% |
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 12 October 2026 via checked.be.