RTECH: 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.
RTECH
Largest movements
- Cash +€85,460
up €85,460 (+105.3%), from €81,152 to €166,612
mainly Net result for the year (+€78,731) and Other debts (+€52,287)
- Receivables within one year +€26,908
up €26,908 (+139.1%), from €19,337 to €46,245
of which Trade receivables: +€30,916
- Tangible fixed assets +€20,098
up €20,098 (+8658.3%), from €232 to €20,331
of which Furniture and vehicles: +€20,320
- Other debts +€52,287
up €52,287, from €0 to €52,287
- Provisions +€31,595
new in 2025: €31,595
- Reserves +€26,443
up €26,443 (+20.8%), from €127,403 to €153,846
of which Distributable reserves: +€26,443
- Tax, wage and social debts +€20,849
up €20,849 (+248.8%), from €8,379 to €29,227
- Gross operating margin +€44,126
up €44,126 (+44.4%), from €99,455 to €143,581
- Financial charges -€34,965
down €34,965 (-99.5%), from €35,129 to €164
- Provisions +€31,595
new in 2025: €31,595
- Taxes +€13,796
up €13,796 (+78.9%), from €17,490 to €31,287
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 | €143,165 | €273,659 | +€130,495 | +91.2% |
| Fixed assets | 21/28 | €232 | €20,331 | +€20,098 | +8658.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €232 | €20,331 | +€20,098 | +8658.3% |
| Plant, machinery and equipment | 23 | €232 | €11 | -€221 | -95.3% |
| Furniture and vehicles | 24 | - | €20,320 | +€20,320 | |
| Current assets | 29/58 | €142,933 | €253,329 | +€110,396 | +77.2% |
| Amounts receivable within one year | 40/41 | €19,337 | €46,245 | +€26,908 | +139.1% |
| Trade receivables | 40 | €12,614 | €43,530 | +€30,916 | +245.1% |
| Other amounts receivable | 41 | €6,723 | €2,716 | -€4,008 | -59.6% |
| Cash at bank and in hand | 54/58 | €81,152 | €166,612 | +€85,460 | +105.3% |
| Deferred charges and accrued income | 490/1 | €42,444 | €40,472 | -€1,972 | -4.6% |
| Total equity and liabilities | 10/49 | €143,165 | €273,659 | +€130,495 | +91.2% |
| Equity | 10/15 | €133,603 | €160,046 | +€26,443 | +19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €127,403 | €153,846 | +€26,443 | +20.8% |
| Non-distributable reserves | 130/1 | €8,700 | €8,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,700 | €8,700 | = | 0.0% |
| Distributable reserves | 133 | €118,703 | €145,146 | +€26,443 | +22.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €31,595 | +€31,595 | |
| Provisions for liabilities and charges | 160/5 | - | €31,595 | +€31,595 | |
| Other liabilities and charges | 164/5 | - | €31,595 | +€31,595 | |
| Amounts payable | 17/49 | €9,562 | €82,018 | +€72,456 | +757.8% |
| Amounts payable within one year | 42/48 | €9,562 | €82,018 | +€72,456 | +757.8% |
| Trade debts | 44 | €1,183 | €504 | -€680 | -57.4% |
| Suppliers | 440/4 | €1,183 | €504 | -€680 | -57.4% |
| Taxes, remuneration and social security | 45 | €8,379 | €29,227 | +€20,849 | +248.8% |
| Taxes | 450/3 | €8,379 | €29,227 | +€20,849 | +248.8% |
| Other amounts payable | 47/48 | €0 | €52,287 | +€52,287 | |
| Non-recurring operating income | 76A | €3,000 | €12,125 | +€9,125 | +304.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €1,313 | +€196 | +17.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €31,595 | +€31,595 | |
| Other operating charges | 640/8 | €614 | €669 | +€55 | +8.9% |
| Gross operating margin | 9900 | €99,455 | €143,581 | +€44,126 | +44.4% |
| Operating profit (loss) | 9901 | €97,723 | €110,004 | +€12,281 | +12.6% |
| Financial income | 75/76B | €165 | €177 | +€13 | +7.7% |
| Recurring financial income | 75 | €165 | €177 | +€13 | +7.7% |
| Financial charges | 65/66B | €35,129 | €164 | -€34,965 | -99.5% |
| Recurring financial charges | 65 | €35,129 | €164 | -€34,965 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €62,759 | €110,017 | +€47,259 | +75.3% |
| Income taxes | 67/77 | €17,490 | €31,287 | +€13,796 | +78.9% |
| Profit (loss) for the period | 9904 | €45,268 | €78,731 | +€33,462 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,268 | €78,731 | +€33,462 | +73.9% |
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 1 October 2026 via checked.be.