RTR BEHEER: 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.
RTR BEHEER
Largest movements
- Receivables within one year +€390,704
up €390,704 (+88.5%), from €441,320 to €832,024
of which Trade receivables: +€357,505
- Intangible fixed assets -€64,827
down €64,827 (-76.3%), from €84,989 to €20,163
- Tangible fixed assets -€10,325
down €10,325 (-96.6%), from €10,687 to €362
of which Furniture and vehicles: -€9,997
- Trade debts +€292,226
up €292,226 (+133%), from €219,551 to €511,777
- Other debts +€98,614
up €98,614 (+7,117%), from €1,386 to €100,000
- Current portion of long-term debt -€56,277
down €56,277 (-65.4%), from €85,989 to €29,712
- Debts after one year -€24,646
down €24,646 (-100%), from €24,646 to €0
- Depreciation -€40,809
down €40,809 (-35.2%), from €115,961 to €75,152
- Staff costs +€26,460
up €26,460 (+15.0%), from €176,912 to €203,372
- Taxes -€23,843
down €23,843 (-88.5%), from €26,942 to €3,099
- Gross operating margin -€6,363
down €6,363 (-1.6%), from €394,610 to €388,247
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 | €552,505 | €863,961 | +€311,456 | +56.4% |
| Fixed assets | 21/28 | €95,677 | €20,525 | -€75,152 | -78.5% |
| Intangible fixed assets | 21 | €84,989 | €20,163 | -€64,827 | -76.3% |
| Tangible fixed assets | 22/27 | €10,687 | €362 | -€10,325 | -96.6% |
| Plant, machinery and equipment | 23 | €328 | €0 | -€328 | -100% |
| Furniture and vehicles | 24 | €10,359 | €362 | -€9,997 | -96.5% |
| Current assets | 29/58 | €456,829 | €843,436 | +€386,607 | +84.6% |
| Amounts receivable within one year | 40/41 | €441,320 | €832,024 | +€390,704 | +88.5% |
| Trade receivables | 40 | €441,128 | €798,633 | +€357,505 | +81.0% |
| Other amounts receivable | 41 | €193 | €33,392 | +€33,199 | +17,245% |
| Cash at bank and in hand | 54/58 | €15,509 | €10,320 | -€5,189 | -33.5% |
| Deferred charges and accrued income | 490/1 | - | €1,091 | +€1,091 | |
| Total equity and liabilities | 10/49 | €552,505 | €863,961 | +€311,456 | +56.4% |
| Equity | 10/15 | €188,620 | €191,153 | +€2,534 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,908 | €1,908 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €48 | €48 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €168,111 | €170,645 | +€2,534 | +1.5% |
| Amounts payable | 17/49 | €363,886 | €672,808 | +€308,922 | +84.9% |
| Amounts payable after more than one year | 17 | €24,646 | €0 | -€24,646 | -100% |
| Financial debts | 170/4 | €24,646 | €0 | -€24,646 | -100% |
| Amounts payable within one year | 42/48 | €334,140 | €672,774 | +€338,634 | +101% |
| Current portion of amounts payable after more than one year | 42 | €85,989 | €29,712 | -€56,277 | -65.4% |
| Trade debts | 44 | €219,551 | €511,777 | +€292,226 | +133% |
| Suppliers | 440/4 | €219,551 | €511,777 | +€292,226 | +133% |
| Taxes, remuneration and social security | 45 | €27,214 | €31,285 | +€4,071 | +15.0% |
| Taxes | 450/3 | €3,082 | €3,099 | +€18 | +0.6% |
| Remuneration and social security | 454/9 | €24,132 | €28,185 | +€4,053 | +16.8% |
| Other amounts payable | 47/48 | €1,386 | €100,000 | +€98,614 | +7,117% |
| Accrued charges and deferred income | 492/3 | €5,100 | €34 | -€5,066 | -99.3% |
| Remuneration, social security and pensions | 62 | €176,912 | €203,372 | +€26,460 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,961 | €75,152 | -€40,809 | -35.2% |
| Other operating charges | 640/8 | €1,738 | €2,796 | +€1,059 | +60.9% |
| Gross operating margin | 9900 | €394,610 | €388,247 | -€6,363 | -1.6% |
| Operating profit (loss) | 9901 | €99,999 | €106,927 | +€6,928 | +6.9% |
| Financial income | 75/76B | €234 | €12 | -€221 | -94.8% |
| Recurring financial income | 75 | €234 | €12 | -€221 | -94.8% |
| Financial charges | 65/66B | €2,642 | €1,307 | -€1,336 | -50.6% |
| Recurring financial charges | 65 | €2,642 | €1,307 | -€1,336 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €97,590 | €105,633 | +€8,043 | +8.2% |
| Income taxes | 67/77 | €26,942 | €3,099 | -€23,843 | -88.5% |
| Profit (loss) for the period | 9904 | €70,648 | €102,534 | +€31,885 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,648 | €102,534 | +€31,885 | +45.1% |
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.