RTR: 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.
RTR
Largest movements
- Cash -€34,868
down €34,868 (-65.8%), from €53,022 to €18,154
mainly Other debts (-€45,000) and Trade debts (-€465)
- Tangible fixed assets -€8,503
down €8,503 (-12.7%), from €67,116 to €58,613
- Receivables within one year -€2,527
down €2,527 (-61.3%), from €4,119 to €1,592
of which Other amounts receivable: -€2,699
- Other debts -€45,000
down €45,000 (-50.0%), from €90,000 to €45,000
- Gross operating margin -€1,353
down €1,353 (-10.8%), from €12,486 to €11,133
- Other operating charges +€937
up €937 (+51.3%), from €1,825 to €2,762
- Financial income -€169
down €169 (-100.0%), from €169 to €0
- Financial charges +€159
up €159 (+112.0%), from €142 to €301
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 | €124,856 | €78,959 | -€45,897 | -36.8% |
| Fixed assets | 21/28 | €67,116 | €58,613 | -€8,503 | -12.7% |
| Tangible fixed assets | 22/27 | €67,116 | €58,613 | -€8,503 | -12.7% |
| Land and buildings | 22 | €67,116 | €58,613 | -€8,503 | -12.7% |
| Current assets | 29/58 | €57,741 | €20,346 | -€37,395 | -64.8% |
| Amounts receivable within one year | 40/41 | €4,119 | €1,592 | -€2,527 | -61.3% |
| Trade receivables | 40 | €1,421 | €1,592 | +€172 | +12.1% |
| Other amounts receivable | 41 | €2,699 | €0 | -€2,699 | -100.0% |
| Cash at bank and in hand | 54/58 | €53,022 | €18,154 | -€34,868 | -65.8% |
| Deferred charges and accrued income | 490/1 | €600 | €600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €124,856 | €78,959 | -€45,897 | -36.8% |
| Equity | 10/15 | €33,658 | €33,226 | -€432 | -1.3% |
| Contributions | 10/11 | €68,100 | €68,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,442 | -€34,874 | -€432 | -1.3% |
| Amounts payable | 17/49 | €91,198 | €45,734 | -€45,465 | -49.9% |
| Amounts payable within one year | 42/48 | €91,198 | €45,734 | -€45,465 | -49.9% |
| Trade debts | 44 | €1,198 | €734 | -€465 | -38.8% |
| Suppliers | 440/4 | €1,198 | €734 | -€465 | -38.8% |
| Other amounts payable | 47/48 | €90,000 | €45,000 | -€45,000 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,589 | €8,503 | -€86 | -1.0% |
| Other operating charges | 640/8 | €1,825 | €2,762 | +€937 | +51.3% |
| Gross operating margin | 9900 | €12,486 | €11,133 | -€1,353 | -10.8% |
| Operating profit (loss) | 9901 | €2,073 | -€131 | -€2,204 | |
| Financial income | 75/76B | €169 | €0 | -€169 | -100.0% |
| Recurring financial income | 75 | €169 | €0 | -€169 | -100.0% |
| Financial charges | 65/66B | €142 | €301 | +€159 | +112.0% |
| Recurring financial charges | 65 | €142 | €301 | +€159 | +112.0% |
| Profit (loss) for the period before taxes | 9903 | €2,099 | -€432 | -€2,532 | |
| Profit (loss) for the period | 9904 | €2,099 | -€432 | -€2,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,099 | -€432 | -€2,532 |
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 30 September 2026 via checked.be.