RT INVESTS: 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 INVESTS
Largest movements
- Stocks and contracts -€264,923
down €264,923 (-100.0%), from €264,923 to €0
- Tangible fixed assets +€223,472
up €223,472 (+43.0%), from €519,121 to €742,593
of which Land and buildings: +€289,369
- Receivables within one year +€73,450
up €73,450 (+1669.4%), from €4,400 to €77,849
of which Trade receivables: +€77,800
- Short-term financial debts -€170,000
down €170,000 (-68.0%), from €250,000 to €80,000
of which Other loans: -€200,000
- Profit (loss) carried forward +€122,967
up €122,967 (+85.1%), from €144,579 to €267,546
- Debts after one year +€58,860
up €58,860 (+13.8%), from €425,451 to €484,310
- Tax, wage and social debts +€17,822
up €17,822 (+98.4%), from €18,115 to €35,937
of which Taxes: +€14,949
- Current portion of long-term debt +€10,802
up €10,802 (+19.7%), from €54,836 to €65,638
- Gross operating margin +€78,162
up €78,162 (+38.2%), from €204,771 to €282,934
- Depreciation -€38,470
down €38,470 (-53.6%), from €71,745 to €33,276
- Financial charges +€25,895
up €25,895 (+287.3%), from €9,013 to €34,908
- Taxes +€17,995
up €17,995 (+90.3%), from €19,932 to €37,927
- Other operating charges +€4,969
up €4,969 (+421.5%), from €1,179 to €6,148
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 | €993,545 | €1,031,306 | +€37,761 | +3.8% |
| Fixed assets | 21/28 | €719,121 | €942,593 | +€223,472 | +31.1% |
| Tangible fixed assets | 22/27 | €519,121 | €742,593 | +€223,472 | +43.0% |
| Land and buildings | 22 | €384,641 | €674,010 | +€289,369 | +75.2% |
| Plant, machinery and equipment | 23 | - | €822 | +€822 | |
| Furniture and vehicles | 24 | €41,597 | €17,369 | -€24,228 | -58.2% |
| Leasing and similar rights | 25 | - | €35,495 | +€35,495 | |
| Other tangible fixed assets | 26 | €17,798 | €14,896 | -€2,902 | -16.3% |
| Assets under construction and advance payments | 27 | €75,085 | €0 | -€75,085 | -100.0% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €274,424 | €88,713 | -€185,711 | -67.7% |
| Stocks and contracts in progress | 3 | €264,923 | €0 | -€264,923 | -100.0% |
| Stocks | 30/36 | €264,923 | €0 | -€264,923 | -100.0% |
| Amounts receivable within one year | 40/41 | €4,400 | €77,849 | +€73,450 | +1669.4% |
| Trade receivables | 40 | - | €77,800 | +€77,800 | |
| Other amounts receivable | 41 | €4,400 | €49 | -€4,350 | -98.9% |
| Cash at bank and in hand | 54/58 | €3,735 | €8,597 | +€4,862 | +130.2% |
| Deferred charges and accrued income | 490/1 | €1,366 | €2,266 | +€900 | +65.9% |
| Total equity and liabilities | 10/49 | €993,545 | €1,031,306 | +€37,761 | +3.8% |
| Equity | 10/15 | €147,579 | €270,546 | +€122,967 | +83.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,579 | €267,546 | +€122,967 | +85.1% |
| Amounts payable | 17/49 | €845,966 | €760,760 | -€85,206 | -10.1% |
| Amounts payable after more than one year | 17 | €425,451 | €484,310 | +€58,860 | +13.8% |
| Financial debts | 170/4 | €425,451 | €484,310 | +€58,860 | +13.8% |
| Amounts payable within one year | 42/48 | €420,516 | €276,450 | -€144,066 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €54,836 | €65,638 | +€10,802 | +19.7% |
| Financial debts | 43 | €250,000 | €80,000 | -€170,000 | -68.0% |
| Credit institutions | 430/8 | - | €30,000 | +€30,000 | |
| Other loans | 439 | €250,000 | €50,000 | -€200,000 | -80.0% |
| Trade debts | 44 | €6,896 | €5,434 | -€1,463 | -21.2% |
| Suppliers | 440/4 | €6,896 | €5,434 | -€1,463 | -21.2% |
| Taxes, remuneration and social security | 45 | €18,115 | €35,937 | +€17,822 | +98.4% |
| Taxes | 450/3 | €12,308 | €27,257 | +€14,949 | +121.5% |
| Remuneration and social security | 454/9 | €5,807 | €8,680 | +€2,873 | +49.5% |
| Other amounts payable | 47/48 | €90,669 | €89,441 | -€1,227 | -1.4% |
| Non-recurring operating income | 76A | - | €1,469 | +€1,469 | |
| Remuneration, social security and pensions | 62 | €48,061 | €47,708 | -€353 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,745 | €33,276 | -€38,470 | -53.6% |
| Other operating charges | 640/8 | €1,179 | €6,148 | +€4,969 | +421.5% |
| Gross operating margin | 9900 | €204,771 | €282,934 | +€78,162 | +38.2% |
| Operating profit (loss) | 9901 | €83,786 | €195,802 | +€112,016 | +133.7% |
| Financial income | 75/76B | €1 | €0 | -€0 | -37.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -37.3% |
| Financial charges | 65/66B | €9,013 | €34,908 | +€25,895 | +287.3% |
| Recurring financial charges | 65 | €9,013 | €34,908 | +€25,895 | +287.3% |
| Profit (loss) for the period before taxes | 9903 | €74,773 | €160,895 | +€86,121 | +115.2% |
| Income taxes | 67/77 | €19,932 | €37,927 | +€17,995 | +90.3% |
| Profit (loss) for the period | 9904 | €54,841 | €122,967 | +€68,126 | +124.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,841 | €122,967 | +€68,126 | +124.2% |
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 29 September 2026 via checked.be.