RXTM: 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.
RXTM
Largest movements
- Tangible fixed assets -€8,313
down €8,313 (-9.3%), from €89,104 to €80,792
- Debts after one year -€12,285
down €12,285 (-28.7%), from €42,782 to €30,497
- Accrued charges and deferred income +€2,451
new in 2024: €2,451
- Reserves +€2,100
up €2,100 (+12.7%), from €16,519 to €18,619
of which Distributable reserves: +€2,100
- Current portion of long-term debt -€1,335
down €1,335 (-8.4%), from €15,807 to €14,472
- Financial charges +€3,121
up €3,121 (+152.0%), from €2,053 to €5,174
- Other operating charges +€2,170
up €2,170 (+1749.7%), from €124 to €2,294
- Taxes -€1,677
down €1,677 (-68.1%), from €2,464 to €787
- Gross operating margin -€1,650
down €1,650 (-8.1%), from €20,316 to €18,666
- Staff costs -€594
no longer reported in 2024 (was €594)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,976 | €95,694 | -€8,283 | -8.0% |
| Fixed assets | 21/28 | €89,104 | €80,792 | -€8,313 | -9.3% |
| Tangible fixed assets | 22/27 | €89,104 | €80,792 | -€8,313 | -9.3% |
| Land and buildings | 22 | €89,104 | €80,792 | -€8,313 | -9.3% |
| Current assets | 29/58 | €14,872 | €14,902 | +€30 | +0.2% |
| Amounts receivable within one year | 40/41 | €13,518 | €14,398 | +€880 | +6.5% |
| Other amounts receivable | 41 | €13,518 | €14,398 | +€880 | +6.5% |
| Cash at bank and in hand | 54/58 | €1,354 | €504 | -€850 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €103,976 | €95,694 | -€8,283 | -8.0% |
| Equity | 10/15 | €36,519 | €38,619 | +€2,100 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,519 | €18,619 | +€2,100 | +12.7% |
| Non-distributable reserves | 130/1 | €275 | €275 | = | 0.0% |
| Reserves not available under the articles | 1311 | €275 | €275 | = | 0.0% |
| Distributable reserves | 133 | €16,245 | €18,345 | +€2,100 | +12.9% |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €64,457 | €54,074 | -€10,383 | -16.1% |
| Amounts payable after more than one year | 17 | €42,782 | €30,497 | -€12,285 | -28.7% |
| Financial debts | 170/4 | €42,782 | €30,497 | -€12,285 | -28.7% |
| Amounts payable within one year | 42/48 | €21,675 | €21,127 | -€548 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €15,807 | €14,472 | -€1,335 | -8.4% |
| Taxes, remuneration and social security | 45 | €5,868 | €6,655 | +€787 | +13.4% |
| Taxes | 450/3 | €5,868 | €6,655 | +€787 | +13.4% |
| Accrued charges and deferred income | 492/3 | - | €2,451 | +€2,451 | |
| Remuneration, social security and pensions | 62 | €594 | - | -€594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,313 | €8,313 | = | 0.0% |
| Other operating charges | 640/8 | €124 | €2,294 | +€2,170 | +1749.7% |
| Gross operating margin | 9900 | €20,316 | €18,666 | -€1,650 | -8.1% |
| Operating profit (loss) | 9901 | €11,286 | €8,060 | -€3,225 | -28.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,053 | €5,174 | +€3,121 | +152.0% |
| Recurring financial charges | 65 | €2,053 | €5,174 | +€3,121 | +152.0% |
| Profit (loss) for the period before taxes | 9903 | €9,232 | €2,887 | -€6,346 | -68.7% |
| Income taxes | 67/77 | €2,464 | €787 | -€1,677 | -68.1% |
| Profit (loss) for the period | 9904 | €6,769 | €2,100 | -€4,669 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,769 | €2,100 | -€4,669 | -69.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.