R.D.C. CONSULT: 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.
R.D.C. CONSULT
Largest movements
- Current investments +€70,750
up €70,750 (+58.3%), from €121,272 to €192,022
- Receivables within one year -€16,384
down €16,384 (-57.1%), from €28,677 to €12,293
of which Trade receivables: -€16,398
- Deferred charges and accrued income +€11,675
up €11,675 (+438%), from €2,663 to €14,338
- Cash +€11,126
up €11,126 (+13.4%), from €83,143 to €94,268
mainly Other debts (+€119,804) and Net result for the year (+€53,869)
- Other debts +€119,804
up €119,804 (+22,219%), from €539 to €120,343
- Reserves -€47,337
down €47,337 (-16.7%), from €283,211 to €235,874
- Trade debts +€9,540
up €9,540 (+117%), from €8,163 to €17,703
- Gross operating margin -€73,117
down €73,117 (-43.6%), from €167,580 to €94,463
- Taxes -€23,000
down €23,000 (-50.9%), from €45,193 to €22,193
- Depreciation +€2,552
up €2,552 (+15.0%), from €17,071 to €19,624
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 | €314,360 | €393,952 | +€79,591 | +25.3% |
| Fixed assets | 21/28 | €78,605 | €81,030 | +€2,425 | +3.1% |
| Tangible fixed assets | 22/27 | €74,051 | €76,476 | +€2,425 | +3.3% |
| Furniture and vehicles | 24 | €74,051 | €76,476 | +€2,425 | +3.3% |
| Financial fixed assets | 28 | €4,554 | €4,554 | = | 0.0% |
| Current assets | 29/58 | €235,755 | €312,922 | +€77,166 | +32.7% |
| Amounts receivable within one year | 40/41 | €28,677 | €12,293 | -€16,384 | -57.1% |
| Trade receivables | 40 | €28,577 | €12,179 | -€16,398 | -57.4% |
| Other amounts receivable | 41 | €100 | €114 | +€14 | +13.9% |
| Current investments | 50/53 | €121,272 | €192,022 | +€70,750 | +58.3% |
| Cash at bank and in hand | 54/58 | €83,143 | €94,268 | +€11,126 | +13.4% |
| Deferred charges and accrued income | 490/1 | €2,663 | €14,338 | +€11,675 | +438% |
| Total equity and liabilities | 10/49 | €314,360 | €393,952 | +€79,591 | +25.3% |
| Equity | 10/15 | €288,755 | €241,418 | -€47,337 | -16.4% |
| Contributions | 10/11 | €5,544 | €5,544 | = | 0.0% |
| Reserves | 13 | €283,211 | €235,874 | -€47,337 | -16.7% |
| Distributable reserves | 133 | €283,211 | €235,874 | -€47,337 | -16.7% |
| Amounts payable | 17/49 | €25,605 | €152,534 | +€126,929 | +496% |
| Amounts payable within one year | 42/48 | €21,889 | €148,647 | +€126,758 | +579% |
| Trade debts | 44 | €8,163 | €17,703 | +€9,540 | +117% |
| Suppliers | 440/4 | €8,163 | €17,703 | +€9,540 | +117% |
| Taxes, remuneration and social security | 45 | €13,187 | €10,601 | -€2,586 | -19.6% |
| Taxes | 450/3 | €13,187 | €10,601 | -€2,586 | -19.6% |
| Other amounts payable | 47/48 | €539 | €120,343 | +€119,804 | +22,219% |
| Accrued charges and deferred income | 492/3 | €3,716 | €3,887 | +€171 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,071 | €19,624 | +€2,552 | +15.0% |
| Other operating charges | 640/8 | €94 | €793 | +€699 | +741% |
| Gross operating margin | 9900 | €167,580 | €94,463 | -€73,117 | -43.6% |
| Operating profit (loss) | 9901 | €150,414 | €74,046 | -€76,368 | -50.8% |
| Financial income | 75/76B | €2,475 | €2,015 | -€460 | -18.6% |
| Recurring financial income | 75 | €2,475 | €2,015 | -€460 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €152,889 | €76,062 | -€76,827 | -50.3% |
| Income taxes | 67/77 | €45,193 | €22,193 | -€23,000 | -50.9% |
| Profit (loss) for the period | 9904 | €107,696 | €53,869 | -€53,827 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,696 | €53,869 | -€53,827 | -50.0% |
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 13 October 2026 via checked.be.