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RTLC: 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.

What changed

RTLC

BE 0840.135.311
NACE 21.201, Manufacture of basic pharmaceutical products and pharmaceutical preparations
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€796
2024 · €3,736-€4,532
Equity
€66,334
2024 · €423,530-€357,196
Cash
€77,167
2024 · €700,484-€623,317
Balance sheet total
€107,167
2024 · €713,855-€606,687

Largest movements

2024 to 2025
Assets
  • Cash -€623,317

    down €623,317 (-89.0%), from €700,484 to €77,167

    mainly Contributions, distributions and other (-€356,400) and Other debts (-€244,422)

  • Receivables within one year +€16,630

    up €16,630 (+124.4%), from €13,371 to €30,000

    of which Other amounts receivable: +€30,000

Equity and liabilities
  • Contributions -€356,400

    down €356,400 (-50.0%), from €712,800 to €356,400

  • Other debts -€244,422

    down €244,422 (-86.2%), from €283,554 to €39,132

Income statement
  • Gross operating margin -€5,377

    down €5,377, from €5,311 to -€66

  • Taxes -€781

    down €781 (-75.0%), from €1,041 to €260

  • Financial charges -€76

    down €76 (-52.1%), from €147 to €70

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,736
Gross operating margin -€5,377
Other operating charges -€12
Financial charges +€76
Taxes +€781
Result 2025 -€796

Cash bridge derived

cash 2024 to 2025

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.

From operations -€266,917
Investment €0
Financing -€356,400
Cash 2024 €700,484
Net result for the year -€796
Receivables within one year -€16,630
Trade debts -€51
Tax, wage and social debts -€5,018
Other debts -€244,422
Contributions, distributions and other -€356,400
Cash 2025 €77,167
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €713,855 €107,167 -€606,687 -85.0%
Current assets 29/58 €713,855 €107,167 -€606,687 -85.0%
Amounts receivable within one year 40/41 €13,371 €30,000 +€16,630 +124.4%
Trade receivables 40 €13,371 - -€13,371
Other amounts receivable 41 - €30,000 +€30,000
Cash at bank and in hand 54/58 €700,484 €77,167 -€623,317 -89.0%
Total equity and liabilities 10/49 €713,855 €107,167 -€606,687 -85.0%
Equity 10/15 €423,530 €66,334 -€357,196 -84.3%
Contributions 10/11 €712,800 €356,400 -€356,400 -50.0%
Profit (loss) carried forward 14 -€289,270 -€290,066 -€796 -0.3%
Amounts payable 17/49 €290,325 €40,834 -€249,492 -85.9%
Amounts payable within one year 42/48 €290,325 €40,834 -€249,492 -85.9%
Trade debts 44 €451 €400 -€51 -11.4%
Suppliers 440/4 €451 €400 -€51 -11.4%
Taxes, remuneration and social security 45 €6,320 €1,302 -€5,018 -79.4%
Taxes 450/3 €6,320 €1,302 -€5,018 -79.4%
Other amounts payable 47/48 €283,554 €39,132 -€244,422 -86.2%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €5,311 -€66 -€5,377
Operating profit (loss) 9901 €4,924 -€465 -€5,389
Financial charges 65/66B €147 €70 -€76 -52.1%
Recurring financial charges 65 €147 €70 -€76 -52.1%
Profit (loss) for the period before taxes 9903 €4,777 -€536 -€5,313
Income taxes 67/77 €1,041 €260 -€781 -75.0%
Profit (loss) for the period 9904 €3,736 -€796 -€4,532
Profit (loss) for the period to be appropriated 9905 €3,736 -€796 -€4,532

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.