RTO CONCEPT: 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.
RTO CONCEPT
Largest movements
- Receivables within one year -€32,210
down €32,210 (-99.1%), from €32,488 to €278
of which Trade receivables: -€32,440
- Cash +€5,554
up €5,554 (+67.2%), from €8,261 to €13,815
mainly Receivables within one year (+€32,210) and Other debts (+€1,620)
- Tangible fixed assets -€481
down €481 (-53.6%), from €898 to €417
- Profit (loss) carried forward -€22,146
down €22,146, from €4,943 to -€17,203
- Tax, wage and social debts -€6,733
down €6,733 (-30.3%), from €22,236 to €15,503
of which Remuneration and social security: -€4,625
- Other debts +€1,620
up €1,620 (+695%), from €233 to €1,853
- Gross operating margin -€24,771
down €24,771 (-20.9%), from €118,785 to €94,014
- Staff costs +€1,663
up €1,663 (+1.5%), from €112,880 to €114,543
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.
Derived cash bridge
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 | €43,995 | €17,143 | -€26,852 | -61.0% |
| Fixed assets | 21/28 | €898 | €417 | -€481 | -53.6% |
| Tangible fixed assets | 22/27 | €898 | €417 | -€481 | -53.6% |
| Furniture and vehicles | 24 | €898 | €417 | -€481 | -53.6% |
| Current assets | 29/58 | €43,097 | €16,726 | -€26,371 | -61.2% |
| Stocks and contracts in progress | 3 | €2,348 | €2,633 | +€285 | +12.1% |
| Stocks | 30/36 | €2,348 | €2,633 | +€285 | +12.1% |
| Amounts receivable within one year | 40/41 | €32,488 | €278 | -€32,210 | -99.1% |
| Trade receivables | 40 | €32,440 | - | -€32,440 | |
| Other amounts receivable | 41 | €48 | €278 | +€230 | +479% |
| Cash at bank and in hand | 54/58 | €8,261 | €13,815 | +€5,554 | +67.2% |
| Total equity and liabilities | 10/49 | €43,995 | €17,143 | -€26,852 | -61.0% |
| Equity | 10/15 | €8,943 | -€13,203 | -€22,146 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,943 | -€17,203 | -€22,146 | |
| Amounts payable | 17/49 | €35,052 | €30,346 | -€4,706 | -13.4% |
| Amounts payable within one year | 42/48 | €35,052 | €30,346 | -€4,706 | -13.4% |
| Trade debts | 44 | €12,583 | €12,990 | +€407 | +3.2% |
| Suppliers | 440/4 | €12,583 | €12,990 | +€407 | +3.2% |
| Taxes, remuneration and social security | 45 | €22,236 | €15,503 | -€6,733 | -30.3% |
| Taxes | 450/3 | €4,000 | €1,892 | -€2,108 | -52.7% |
| Remuneration and social security | 454/9 | €18,236 | €13,611 | -€4,625 | -25.4% |
| Other amounts payable | 47/48 | €233 | €1,853 | +€1,620 | +695% |
| Remuneration, social security and pensions | 62 | €112,880 | €114,543 | +€1,663 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €481 | -€64 | -11.7% |
| Other operating charges | 640/8 | €385 | €25 | -€360 | -93.5% |
| Gross operating margin | 9900 | €118,785 | €94,014 | -€24,771 | -20.9% |
| Operating profit (loss) | 9901 | €4,975 | -€21,035 | -€26,010 | |
| Financial charges | 65/66B | €32 | €33 | +€1 | +3.1% |
| Recurring financial charges | 65 | €32 | €33 | +€1 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €4,943 | -€21,068 | -€26,011 | |
| Income taxes | 67/77 | - | €1,078 | +€1,078 | |
| Profit (loss) for the period | 9904 | €4,943 | -€22,146 | -€27,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,943 | -€22,146 | -€27,089 |
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 25 October 2026 via checked.be.