RXMEN: 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.
RXMEN
Largest movements
- Receivables within one year +€62,113
up €62,113 (+26.8%), from €231,944 to €294,057
- Tangible fixed assets +€49,987
up €49,987 (+895.9%), from €5,580 to €55,567
of which Furniture and vehicles: +€50,219
- Cash +€34,813
up €34,813 (+119.5%), from €29,123 to €63,936
mainly Net result for the year (+€192,874) and Trade debts (+€52,527)
- Trade debts +€52,527
up €52,527 (+52.3%), from €100,471 to €152,998
- Debts after one year +€40,926
new in 2025: €40,926
- Other debts +€28,851
up €28,851 (+79.8%), from €36,154 to €65,006
- Tax, wage and social debts +€14,832
up €14,832 (+12.2%), from €121,078 to €135,910
- Current portion of long-term debt +€11,515
up €11,515 (+1521.3%), from €757 to €12,271
- Gross operating margin -€11,464
down €11,464 (-3.8%), from €298,666 to €287,203
- Depreciation +€9,012
up €9,012 (+410.4%), from €2,196 to €11,209
- Taxes -€4,236
down €4,236 (-5.1%), from €82,284 to €78,048
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 | €266,647 | €415,298 | +€148,651 | +55.7% |
| Fixed assets | 21/28 | €5,580 | €55,567 | +€49,987 | +895.9% |
| Tangible fixed assets | 22/27 | €5,580 | €55,567 | +€49,987 | +895.9% |
| Plant, machinery and equipment | 23 | €854 | €622 | -€232 | -27.2% |
| Furniture and vehicles | 24 | €4,726 | €54,945 | +€50,219 | +1062.6% |
| Current assets | 29/58 | €261,067 | €359,731 | +€98,664 | +37.8% |
| Amounts receivable within one year | 40/41 | €231,944 | €294,057 | +€62,113 | +26.8% |
| Trade receivables | 40 | €231,944 | €294,057 | +€62,113 | +26.8% |
| Cash at bank and in hand | 54/58 | €29,123 | €63,936 | +€34,813 | +119.5% |
| Deferred charges and accrued income | 490/1 | - | €1,738 | +€1,738 | |
| Total equity and liabilities | 10/49 | €266,647 | €415,298 | +€148,651 | +55.7% |
| Equity | 10/15 | €8,187 | €8,187 | = | 0.0% |
| Contributions | 10/11 | €6,327 | €6,327 | = | 0.0% |
| Capital | 10 | €6,327 | €6,327 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,273 | €12,273 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €258,460 | €407,111 | +€148,651 | +57.5% |
| Amounts payable after more than one year | 17 | - | €40,926 | +€40,926 | |
| Financial debts | 170/4 | - | €40,926 | +€40,926 | |
| Amounts payable within one year | 42/48 | €258,460 | €366,185 | +€107,725 | +41.7% |
| Current portion of amounts payable after more than one year | 42 | €757 | €12,271 | +€11,515 | +1521.3% |
| Trade debts | 44 | €100,471 | €152,998 | +€52,527 | +52.3% |
| Suppliers | 440/4 | €100,471 | €152,998 | +€52,527 | +52.3% |
| Taxes, remuneration and social security | 45 | €121,078 | €135,910 | +€14,832 | +12.2% |
| Taxes | 450/3 | €121,078 | €135,910 | +€14,832 | +12.2% |
| Other amounts payable | 47/48 | €36,154 | €65,006 | +€28,851 | +79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,196 | €11,209 | +€9,012 | +410.4% |
| Other operating charges | 640/8 | €813 | €681 | -€132 | -16.2% |
| Non-recurring operating charges | 66A | - | €3,167 | +€3,167 | |
| Gross operating margin | 9900 | €298,666 | €287,203 | -€11,464 | -3.8% |
| Operating profit (loss) | 9901 | €295,658 | €272,147 | -€23,511 | -8.0% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €726 | €1,237 | +€511 | +70.3% |
| Recurring financial charges | 65 | €726 | €1,237 | +€511 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €294,931 | €270,921 | -€24,010 | -8.1% |
| Income taxes | 67/77 | €82,284 | €78,048 | -€4,236 | -5.1% |
| Profit (loss) for the period | 9904 | €212,648 | €192,874 | -€19,774 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €212,648 | €192,874 | -€19,774 | -9.3% |
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 10 October 2026 via checked.be.