RTI LOUISE: 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.
RTI LOUISE
Largest movements
- Tangible fixed assets -€4,221
down €4,221 (-5.6%), from €75,399 to €71,179
of which Land and buildings: -€3,737
- Receivables within one year +€2,473
up €2,473 (+9.1%), from €27,217 to €29,690
of which Trade receivables: +€3,686
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€1,203
down €1,203 (-50.5%), from €2,383 to €1,180
- Depreciation -€505
down €505 (-10.7%), from €4,725 to €4,221
- Taxes -€247
down €247 (-95.1%), from €260 to €13
- Gross operating margin -€129
down €129 (-2.4%), from €5,496 to €5,367
- Other operating charges +€81
up €81 (+3.1%), from €2,648 to €2,729
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 | €105,712 | €103,568 | -€2,144 | -2.0% |
| Fixed assets | 21/28 | €75,399 | €71,179 | -€4,221 | -5.6% |
| Tangible fixed assets | 22/27 | €75,399 | €71,179 | -€4,221 | -5.6% |
| Land and buildings | 22 | €74,916 | €71,179 | -€3,737 | -5.0% |
| Furniture and vehicles | 24 | €484 | - | -€484 | |
| Current assets | 29/58 | €30,313 | €32,389 | +€2,076 | +6.8% |
| Amounts receivable within one year | 40/41 | €27,217 | €29,690 | +€2,473 | +9.1% |
| Trade receivables | 40 | - | €3,686 | +€3,686 | |
| Other amounts receivable | 41 | €27,217 | €26,005 | -€1,212 | -4.5% |
| Cash at bank and in hand | 54/58 | €2,695 | €2,155 | -€540 | -20.0% |
| Deferred charges and accrued income | 490/1 | €401 | €544 | +€143 | +35.7% |
| Total equity and liabilities | 10/49 | €105,712 | €103,568 | -€2,144 | -2.0% |
| Equity | 10/15 | €101,026 | €100,470 | -€556 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,718 | €15,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,536 | €3,536 | = | 0.0% |
| Distributable reserves | 133 | €10,322 | €10,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,707 | €66,152 | -€556 | -0.8% |
| Amounts payable | 17/49 | €4,687 | €3,098 | -€1,588 | -33.9% |
| Amounts payable within one year | 42/48 | €4,687 | €3,098 | -€1,588 | -33.9% |
| Trade debts | 44 | €1,260 | €431 | -€830 | -65.8% |
| Suppliers | 440/4 | €1,260 | €431 | -€830 | -65.8% |
| Taxes, remuneration and social security | 45 | €1,426 | €667 | -€759 | -53.2% |
| Taxes | 450/3 | €1,426 | €667 | -€759 | -53.2% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,725 | €4,221 | -€505 | -10.7% |
| Other operating charges | 640/8 | €2,648 | €2,729 | +€81 | +3.1% |
| Gross operating margin | 9900 | €5,496 | €5,367 | -€129 | -2.4% |
| Operating profit (loss) | 9901 | -€1,877 | -€1,583 | +€295 | +15.7% |
| Financial income | 75/76B | €2,383 | €1,180 | -€1,203 | -50.5% |
| Recurring financial income | 75 | €2,383 | €1,180 | -€1,203 | -50.5% |
| Financial charges | 65/66B | €114 | €141 | +€27 | +23.3% |
| Recurring financial charges | 65 | €114 | €141 | +€27 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €392 | -€543 | -€935 | |
| Income taxes | 67/77 | €260 | €13 | -€247 | -95.1% |
| Profit (loss) for the period | 9904 | €132 | -€556 | -€688 | |
| Profit (loss) for the period to be appropriated | 9905 | €132 | -€556 | -€688 |
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 9 October 2026 via checked.be.