R-D CONSULTING: 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 CONSULTING
Largest movements
- Cash +€25,203
up €25,203 (+54.2%), from €46,499 to €71,702
mainly Net result for the year (+€12,436) and Trade debts (+€6,789)
- Profit (loss) carried forward +€12,436
up €12,436 (+26.1%), from €47,670 to €60,106
- Trade debts +€6,789
up €6,789 (+749%), from €906 to €7,695
- Tax, wage and social debts +€6,245
up €6,245 (+61.6%), from €10,144 to €16,389
- Gross operating margin -€19,071
down €19,071 (-46.3%), from €41,211 to €22,140
- Taxes -€2,723
down €2,723 (-29.5%), from €9,247 to €6,523
- Depreciation +€438
up €438 (+28.3%), from €1,547 to €1,986
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 | €65,225 | €91,340 | +€26,116 | +40.0% |
| Fixed assets | 21/28 | €6,974 | €7,406 | +€432 | +6.2% |
| Tangible fixed assets | 22/27 | €6,974 | €7,406 | +€432 | +6.2% |
| Furniture and vehicles | 24 | €6,974 | €7,406 | +€432 | +6.2% |
| Current assets | 29/58 | €58,251 | €83,935 | +€25,684 | +44.1% |
| Amounts receivable within one year | 40/41 | €10,899 | €11,172 | +€272 | +2.5% |
| Trade receivables | 40 | €10,890 | €11,119 | +€229 | +2.1% |
| Other amounts receivable | 41 | €9 | €53 | +€43 | +482% |
| Cash at bank and in hand | 54/58 | €46,499 | €71,702 | +€25,203 | +54.2% |
| Deferred charges and accrued income | 490/1 | €852 | €1,061 | +€209 | +24.5% |
| Total equity and liabilities | 10/49 | €65,225 | €91,340 | +€26,116 | +40.0% |
| Equity | 10/15 | €50,670 | €63,106 | +€12,436 | +24.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,670 | €60,106 | +€12,436 | +26.1% |
| Amounts payable | 17/49 | €14,554 | €28,234 | +€13,680 | +94.0% |
| Amounts payable within one year | 42/48 | €14,142 | €27,571 | +€13,429 | +95.0% |
| Trade debts | 44 | €906 | €7,695 | +€6,789 | +749% |
| Suppliers | 440/4 | €906 | €7,695 | +€6,789 | +749% |
| Taxes, remuneration and social security | 45 | €10,144 | €16,389 | +€6,245 | +61.6% |
| Taxes | 450/3 | €10,144 | €16,389 | +€6,245 | +61.6% |
| Other amounts payable | 47/48 | €3,092 | €3,487 | +€395 | +12.8% |
| Accrued charges and deferred income | 492/3 | €412 | €663 | +€251 | +60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,547 | €1,986 | +€438 | +28.3% |
| Other operating charges | 640/8 | €1,108 | €1,064 | -€44 | -4.0% |
| Gross operating margin | 9900 | €41,211 | €22,140 | -€19,071 | -46.3% |
| Operating profit (loss) | 9901 | €38,555 | €19,090 | -€19,465 | -50.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €53 | €131 | +€77 | +146% |
| Recurring financial charges | 65 | €53 | €131 | +€77 | +146% |
| Profit (loss) for the period before taxes | 9903 | €38,502 | €18,959 | -€19,543 | -50.8% |
| Income taxes | 67/77 | €9,247 | €6,523 | -€2,723 | -29.5% |
| Profit (loss) for the period | 9904 | €29,255 | €12,436 | -€16,820 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,255 | €12,436 | -€16,820 | -57.5% |
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 20 October 2026 via checked.be.