RT ELEC: 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.
RT ELEC
Largest movements
- Receivables within one year +€136,362
up €136,362 (+147.1%), from €92,712 to €229,074
of which Trade receivables: +€128,412
- Stocks and contracts +€11,491
up €11,491 (+61.5%), from €18,683 to €30,174
- Tangible fixed assets -€11,302
down €11,302 (-50.4%), from €22,432 to €11,130
of which Furniture and vehicles: -€7,476
- Cash -€7,000
no longer reported in 2025 (was €7,000)
mainly Receivables within one year (-€136,362) and Debts after one year (-€17,826)
- Profit (loss) carried forward +€60,447
up €60,447 (+396.5%), from €15,247 to €75,694
- Trade debts +€38,860
up €38,860 (+118.6%), from €32,763 to €71,623
- Short-term financial debts +€27,648
new in 2025: €27,648
- Tax, wage and social debts +€18,764
up €18,764 (+79.7%), from €23,558 to €42,322
of which Taxes: +€15,859
- Debts after one year -€17,826
down €17,826 (-37.1%), from €48,091 to €30,266
- Gross operating margin +€80,054
up €80,054 (+71.5%), from €111,973 to €192,028
- Staff costs +€16,513
up €16,513 (+20.3%), from €81,341 to €97,853
- Taxes +€13,773
up €13,773 (+604.1%), from €2,280 to €16,053
- Depreciation -€2,926
down €2,926 (-18.7%), from €15,678 to €12,752
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 | €142,427 | €270,378 | +€127,951 | +89.8% |
| Formation expenses | 20 | €1,450 | - | -€1,450 | |
| Fixed assets | 21/28 | €22,432 | €11,130 | -€11,302 | -50.4% |
| Tangible fixed assets | 22/27 | €22,432 | €11,130 | -€11,302 | -50.4% |
| Plant, machinery and equipment | 23 | €4,820 | €993 | -€3,826 | -79.4% |
| Furniture and vehicles | 24 | €17,613 | €10,137 | -€7,476 | -42.4% |
| Current assets | 29/58 | €118,545 | €259,248 | +€140,703 | +118.7% |
| Stocks and contracts in progress | 3 | €18,683 | €30,174 | +€11,491 | +61.5% |
| Stocks | 30/36 | €18,683 | €30,174 | +€11,491 | +61.5% |
| Amounts receivable within one year | 40/41 | €92,712 | €229,074 | +€136,362 | +147.1% |
| Trade receivables | 40 | €65,214 | €193,626 | +€128,412 | +196.9% |
| Other amounts receivable | 41 | €27,498 | €35,448 | +€7,950 | +28.9% |
| Cash at bank and in hand | 54/58 | €7,000 | - | -€7,000 | |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €142,427 | €270,378 | +€127,951 | +89.8% |
| Equity | 10/15 | €20,247 | €80,694 | +€60,447 | +298.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,247 | €75,694 | +€60,447 | +396.5% |
| Amounts payable | 17/49 | €122,180 | €189,684 | +€67,504 | +55.2% |
| Amounts payable after more than one year | 17 | €48,091 | €30,266 | -€17,826 | -37.1% |
| Financial debts | 170/4 | €48,091 | €30,266 | -€17,826 | -37.1% |
| Amounts payable within one year | 42/48 | €74,089 | €159,418 | +€85,330 | +115.2% |
| Current portion of amounts payable after more than one year | 42 | €17,768 | €17,826 | +€58 | +0.3% |
| Financial debts | 43 | - | €27,648 | +€27,648 | |
| Credit institutions | 430/8 | - | €27,648 | +€27,648 | |
| Trade debts | 44 | €32,763 | €71,623 | +€38,860 | +118.6% |
| Suppliers | 440/4 | €32,763 | €71,623 | +€38,860 | +118.6% |
| Taxes, remuneration and social security | 45 | €23,558 | €42,322 | +€18,764 | +79.7% |
| Taxes | 450/3 | €6,379 | €22,239 | +€15,859 | +248.6% |
| Remuneration and social security | 454/9 | €17,178 | €20,083 | +€2,905 | +16.9% |
| Remuneration, social security and pensions | 62 | €81,341 | €97,853 | +€16,513 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,678 | €12,752 | -€2,926 | -18.7% |
| Other operating charges | 640/8 | €455 | €656 | +€201 | +44.2% |
| Gross operating margin | 9900 | €111,973 | €192,028 | +€80,054 | +71.5% |
| Operating profit (loss) | 9901 | €14,500 | €80,767 | +€66,267 | +457.0% |
| Financial income | 75/76B | €227 | €4 | -€223 | -98.3% |
| Recurring financial income | 75 | €227 | €4 | -€223 | -98.3% |
| Financial charges | 65/66B | €4,402 | €4,271 | -€131 | -3.0% |
| Recurring financial charges | 65 | €4,402 | €4,271 | -€131 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €10,325 | €76,500 | +€66,175 | +640.9% |
| Income taxes | 67/77 | €2,280 | €16,053 | +€13,773 | +604.1% |
| Profit (loss) for the period | 9904 | €8,045 | €60,447 | +€52,402 | +651.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,045 | €60,447 | +€52,402 | +651.3% |
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 4 October 2026 via checked.be.