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RTN ADVERTISING & EDITION: 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.

What changed

RTN ADVERTISING & EDITION

BE 0455.002.353
NACE 73.110, Advertising agencies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,823
2024 · €4,544-€10,367
Equity
€129,063
2024 · €134,886-€5,823
Cash
€905
2024 · €1,597-€692
Balance sheet total
€132,276
2024 · €143,358-€11,082

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,068

    down €6,068 (-5.4%), from €113,352 to €107,284

    of which Land and buildings: -€5,670

  • Receivables within one year -€4,323

    down €4,323 (-15.3%), from €28,308 to €23,986

    of which Trade receivables: -€4,375

Equity and liabilities
  • Profit (loss) carried forward -€5,823

    down €5,823 (-8.7%), from €66,902 to €61,079

  • Tax, wage and social debts -€4,127

    down €4,127 (-88.1%), from €4,681 to €555

Income statement
  • Gross operating margin -€13,112

    down €13,112 (-94.4%), from €13,896 to €784

  • Taxes -€2,528

    down €2,528 (-93.5%), from €2,704 to €176

  • Financial charges -€402

    down €402 (-69.2%), from €580 to €179

  • Other operating charges +€184

    new in 2025: €184

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 €4,544
Gross operating margin -€13,112
Depreciation -€0
Other operating charges -€184
Financial charges +€402
Taxes +€2,528
Result 2025 -€5,823
raises the resultlowers the result

Derived cash bridge

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 -€692
Investment €0
Financing €0
Cash 2024 €1,597
Net result for the year -€5,823
Depreciation +€6,068
Receivables within one year +€4,323
Trade debts -€229
Tax, wage and social debts -€4,127
Other debts -€903
Cash 2025 €905
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €143,358 €132,276 -€11,082 -7.7%
Fixed assets 21/28 €113,453 €107,386 -€6,068 -5.3%
Tangible fixed assets 22/27 €113,352 €107,284 -€6,068 -5.4%
Land and buildings 22 €111,957 €106,287 -€5,670 -5.1%
Plant, machinery and equipment 23 €1,395 €997 -€398 -28.5%
Financial fixed assets 28 €102 €102 = 0.0%
Current assets 29/58 €29,905 €24,891 -€5,014 -16.8%
Amounts receivable within one year 40/41 €28,308 €23,986 -€4,323 -15.3%
Trade receivables 40 €28,308 €23,933 -€4,375 -15.5%
Other amounts receivable 41 - €53 +€53
Cash at bank and in hand 54/58 €1,597 €905 -€692 -43.3%
Total equity and liabilities 10/49 €143,358 €132,276 -€11,082 -7.7%
Equity 10/15 €134,886 €129,063 -€5,823 -4.3%
Contributions 10/11 €6,205 €6,205 = 0.0%
Reserves 13 €61,779 €61,779 = 0.0%
Non-distributable reserves 130/1 €620 €620 = 0.0%
Reserves not available under the articles 1311 €620 €620 = 0.0%
Distributable reserves 133 €61,160 €61,160 = 0.0%
Profit (loss) carried forward 14 €66,902 €61,079 -€5,823 -8.7%
Amounts payable 17/49 €8,472 €3,213 -€5,259 -62.1%
Amounts payable within one year 42/48 €8,472 €3,213 -€5,259 -62.1%
Trade debts 44 €918 €688 -€229 -25.0%
Suppliers 440/4 €918 €688 -€229 -25.0%
Taxes, remuneration and social security 45 €4,681 €555 -€4,127 -88.1%
Taxes 450/3 €4,681 €555 -€4,127 -88.1%
Other amounts payable 47/48 €2,873 €1,970 -€903 -31.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,068 €6,068 +€0 0.0%
Other operating charges 640/8 - €184 +€184
Gross operating margin 9900 €13,896 €784 -€13,112 -94.4%
Operating profit (loss) 9901 €7,828 -€5,468 -€13,296
Financial charges 65/66B €580 €179 -€402 -69.2%
Recurring financial charges 65 €580 €179 -€402 -69.2%
Profit (loss) for the period before taxes 9903 €7,248 -€5,647 -€12,895
Income taxes 67/77 €2,704 €176 -€2,528 -93.5%
Profit (loss) for the period 9904 €4,544 -€5,823 -€10,367
Profit (loss) for the period to be appropriated 9905 €4,544 -€5,823 -€10,367

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 22 October 2026 via checked.be.