RTL BELGIUM: what changed
What changed
RTL BELGIUM
NACE 60.200, Programming, broadcasting, news agency and other content distribution activities
filed annual accounts (NBB)
Net result for the year
-€4.7m
2024 · -€3.5m-€1.2m
Equity
€121.3m
2024 · €130.0m-€8.7m
Cash
€8.6m
2024 · €101,426+€8.5m
Balance sheet total
€180.9m
2024 · €197.1m-€16.2m
Largest movements
Assets
- Receivables within one year -€21.4m
down €21.4m (-32.5%), from €65.7m to €44.4m
of which Trade receivables: -€21.2m
- Cash +€8.5m
up €8.5m (+8,410%), from €101,426 to €8.6m
mainly Receivables within one year (+€21.4m) and Depreciation (+€13.9m)
- Intangible fixed assets -€8.4m
down €8.4m (-10.7%), from €78.3m to €69.9m
- Stocks and contracts +€5.4m
up €5.4m (+19.0%), from €28.2m to €33.6m
of which Stocks: +€5.3m
Equity and liabilities
- Profit (loss) carried forward -€8.7m
down €8.7m (-8.2%), from €105.8m to €97.1m
- Short-term financial debts -€7.5m
down €7.5m (-88.3%), from €8.5m to €1.0m
- Other debts +€4.0m
up €4.0m (+1,484%), from €270,843 to €4.3m
- Trade debts -€3.7m
down €3.7m (-8.0%), from €46.2m to €42.5m
Income statement
- Turnover -€8.3m
down €8.3m (-3.7%), from €223.6m to €215.3m
- Goods and materials -€2.8m
down €2.8m (-3.9%), from €72.1m to €69.3m
of which Change in stocks: decrease (increase): -€3.2m
- Services and other goods -€2.3m
down €2.3m (-2.3%), from €99.7m to €97.4m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3.5m
Turnover
-€8.3m
Other operating income
+€1.4m
Goods and materials
+€2.8m
Services and other goods
+€2.3m
Staff costs
+€1.5m
Depreciation
-€633,833
Write-downs
-€1.4m
Provisions
+€122,000
Other operating charges
+€1.1m
Other operating items
-€644,365
Financial income
-€330,412
Financial charges
-€145,538
Taxes
+€939,384
Result 2025
-€4.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25.7m
Investment
-€5.6m
Financing
-€11.5m
Cash 2024
€101,426
From operations (derived)
+€25.7m
Net result for the year
-€4.7m
Depreciation
+€13.9m
Stocks and contracts
-€5.4m
Receivables within one year
+€21.4m
Deferred charges and accrued income
+€484,314
Smaller working-capital items
-€37,838
Trade debts
-€3.7m
Tax, wage and social debts
-€632,542
Other debts
+€4.0m
Accrued charges and deferred income
+€316,279
Investment (derived)
-€5.6m
Investment in fixed assets (net)
-€5.6m
Financing
-€11.5m
Short-term financial debts
-€7.5m
Contributions, distributions and other
-€4.0m
Cash 2025
€8.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,117,705 | €180,880,332 | -€16.2m | -8.2% |
| Fixed assets | 21/28 | €95,195,755 | €86,956,690 | -€8.2m | -8.7% |
| Intangible fixed assets | 21 | €78,301,879 | €69,909,773 | -€8.4m | -10.7% |
| Tangible fixed assets | 22/27 | €16,562,668 | €16,715,470 | +€152,802 | +0.9% |
| Land and buildings | 22 | €41,066 | €38,902 | -€2,163 | -5.3% |
| Plant, machinery and equipment | 23 | €10,835,780 | €14,971,370 | +€4.1m | +38.2% |
| Furniture and vehicles | 24 | €1,085,974 | €901,195 | -€184,779 | -17.0% |
| Other tangible fixed assets | 26 | €134,906 | €115,198 | -€19,708 | -14.6% |
| Assets under construction and advance payments | 27 | €4,464,942 | €688,804 | -€3.8m | -84.6% |
| Financial fixed assets | 28 | €331,208 | €331,448 | +€240 | +0.1% |
| Affiliated companies | 280/1 | €49,579 | €49,579 | = | 0.0% |
| Participating interests | 280 | €49,579 | €49,579 | = | 0.0% |
| Other financial fixed assets | 284/8 | €281,629 | €281,869 | +€240 | +0.1% |
| Shares | 284 | €181,205 | €181,205 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €100,424 | €100,664 | +€240 | +0.2% |
| Current assets | 29/58 | €101,921,950 | €93,923,642 | -€8.0m | -7.8% |
| Stocks and contracts in progress | 3 | €28,226,895 | €33,579,157 | +€5.4m | +19.0% |
| Stocks | 30/36 | €27,967,745 | €33,225,007 | +€5.3m | +18.8% |
| Goods purchased for resale | 34 | €27,967,745 | €33,225,007 | +€5.3m | +18.8% |
| Contracts in progress | 37 | €259,150 | €354,150 | +€95,000 | +36.7% |
| Amounts receivable within one year | 40/41 | €65,746,667 | €44,350,697 | -€21.4m | -32.5% |
| Trade receivables | 40 | €65,048,958 | €43,896,428 | -€21.2m | -32.5% |
| Other amounts receivable | 41 | €697,709 | €454,270 | -€243,439 | -34.9% |
| Cash at bank and in hand | 54/58 | €101,426 | €8,631,139 | +€8.5m | +8,410% |
| Deferred charges and accrued income | 490/1 | €7,846,963 | €7,362,649 | -€484,314 | -6.2% |
| Total equity and liabilities | 10/49 | €197,117,705 | €180,880,332 | -€16.2m | -8.2% |
| Equity | 10/15 | €129,961,942 | €121,277,429 | -€8.7m | -6.7% |
| Contributions | 10/11 | €14,324,989 | €14,324,989 | = | 0.0% |
| Capital | 10 | €13,598,736 | €13,598,736 | = | 0.0% |
| Issued capital | 100 | €13,598,736 | €13,598,736 | = | 0.0% |
| Contributions outside capital | 11 | €726,254 | €726,254 | = | 0.0% |
| Share premium | 1100/10 | €726,254 | €726,254 | = | 0.0% |
| Reserves | 13 | €9,868,290 | €9,868,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,420,937 | €4,420,937 | = | 0.0% |
| Legal reserve | 130 | €4,420,937 | €4,420,937 | = | 0.0% |
| Distributable reserves | 133 | €5,447,354 | €5,447,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,768,663 | €97,084,149 | -€8.7m | -8.2% |
| Provisions and deferred taxes | 16 | €471,000 | €435,000 | -€36,000 | -7.6% |
| Provisions for liabilities and charges | 160/5 | €471,000 | €435,000 | -€36,000 | -7.6% |
| Other liabilities and charges | 164/5 | €471,000 | €435,000 | -€36,000 | -7.6% |
| Amounts payable | 17/49 | €66,684,763 | €59,167,904 | -€7.5m | -11.3% |
| Amounts payable within one year | 42/48 | €66,055,882 | €58,222,744 | -€7.8m | -11.9% |
| Financial debts | 43 | €8,533,351 | €1,000,000 | -€7.5m | -88.3% |
| Credit institutions | 430/8 | €8,533,351 | €1,000,000 | -€7.5m | -88.3% |
| Trade debts | 44 | €46,152,905 | €42,466,947 | -€3.7m | -8.0% |
| Suppliers | 440/4 | €46,152,905 | €42,466,947 | -€3.7m | -8.0% |
| Advances received on contracts in progress | 46 | €1,838 | - | -€1,838 | |
| Taxes, remuneration and social security | 45 | €11,096,945 | €10,464,403 | -€632,542 | -5.7% |
| Taxes | 450/3 | €4,768,483 | €3,818,870 | -€949,613 | -19.9% |
| Remuneration and social security | 454/9 | €6,328,462 | €6,645,533 | +€317,070 | +5.0% |
| Other amounts payable | 47/48 | €270,843 | €4,291,395 | +€4.0m | +1,484% |
| Accrued charges and deferred income | 492/3 | €628,881 | €945,160 | +€316,279 | +50.3% |
| Operating income | 70/76A | €229,174,278 | €220,900,365 | -€8.3m | -3.6% |
| Turnover | 70 | €223,579,007 | €215,298,624 | -€8.3m | -3.7% |
| Other operating income | 74 | €3,641,828 | €5,073,612 | +€1.4m | +39.3% |
| Non-recurring operating income | 76A | €1,953,443 | €528,129 | -€1.4m | -73.0% |
| Operating charges | 60/66A | €229,790,304 | €223,132,466 | -€6.7m | -2.9% |
| Goods for resale, raw materials and consumables | 60 | €72,090,138 | €69,272,826 | -€2.8m | -3.9% |
| Purchases | 600/8 | €74,169,180 | €74,530,088 | +€360,908 | +0.5% |
| Change in stocks: decrease (increase) | 609 | -€2,079,042 | -€5,257,262 | -€3.2m | -153% |
| Services and other goods | 61 | €99,668,401 | €97,353,968 | -€2.3m | -2.3% |
| Remuneration, social security and pensions | 62 | €41,942,342 | €40,441,942 | -€1.5m | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,247,713 | €13,881,545 | +€633,833 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,482,417 | -€94,009 | +€1.4m | +93.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €86,000 | -€36,000 | -€122,000 | |
| Other operating charges | 640/8 | €1,441,985 | €297,001 | -€1.1m | -79.4% |
| Non-recurring operating charges | 66A | €2,796,142 | €2,015,194 | -€780,949 | -27.9% |
| Operating profit (loss) | 9901 | -€616,026 | -€2,232,101 | -€1.6m | -262% |
| Financial income | 75/76B | €337,167 | €6,755 | -€330,412 | -98.0% |
| Recurring financial income | 75 | €38,154 | €6,755 | -€31,399 | -82.3% |
| Income from current assets | 751 | €4,370 | - | -€4,370 | |
| Other financial income | 752/9 | €33,784 | €6,755 | -€27,029 | -80.0% |
| Non-recurring financial income | 76B | €299,013 | - | -€299,013 | |
| Financial charges | 65/66B | €140,881 | €286,419 | +€145,538 | +103% |
| Recurring financial charges | 65 | €140,881 | €286,419 | +€145,538 | +103% |
| Debt charges | 650 | €56,945 | €181,740 | +€124,795 | +219% |
| Other financial charges | 652/9 | €83,936 | €104,679 | +€20,743 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€419,740 | -€2,511,765 | -€2.1m | -498% |
| Income taxes | 67/77 | €3,112,132 | €2,172,749 | -€939,384 | -30.2% |
| Taxes | 670/3 | €3,112,132 | €2,172,749 | -€939,384 | -30.2% |
| Profit (loss) for the period | 9904 | -€3,531,872 | -€4,684,514 | -€1.2m | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,531,872 | -€4,684,514 | -€1.2m | -32.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.