R.D.I.: 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.I.
Largest movements
- Tangible fixed assets -€314,888
down €314,888 (-83.3%), from €377,988 to €63,100
of which Land and buildings: -€341,338
- Cash +€180,304
up €180,304 (+1,725%), from €10,453 to €190,757
mainly Investment in fixed assets (net) (+€278,481) and Net result for the year (+€95,611)
- Financial fixed assets +€30,000
new in 2025: €30,000
- Debts after one year -€97,322
down €97,322 (-32.6%), from €298,822 to €201,500
- Profit (loss) carried forward +€95,611
up €95,611 (+85.9%), from -€111,290 to -€15,679
- Other debts -€61,180
down €61,180 (-97.0%), from €63,053 to €1,874
- Current portion of long-term debt -€27,629
no longer reported in 2025 (was €27,629)
- Accrued charges and deferred income -€19,610
no longer reported in 2025 (was €19,610)
- Gross operating margin +€89,933
up €89,933 (+481%), from €18,713 to €108,645
- Depreciation -€32,062
down €32,062 (-83.3%), from €38,469 to €6,407
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 | €388,441 | €287,360 | -€101,081 | -26.0% |
| Fixed assets | 21/28 | €377,988 | €93,100 | -€284,888 | -75.4% |
| Tangible fixed assets | 22/27 | €377,988 | €63,100 | -€314,888 | -83.3% |
| Land and buildings | 22 | €341,338 | - | -€341,338 | |
| Plant, machinery and equipment | 23 | €28,656 | - | -€28,656 | |
| Furniture and vehicles | 24 | €7,994 | €63,100 | +€55,106 | +689% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €10,453 | €194,260 | +€183,807 | +1,758% |
| Amounts receivable within one year | 40/41 | - | €3,503 | +€3,503 | |
| Other amounts receivable | 41 | - | €3,503 | +€3,503 | |
| Cash at bank and in hand | 54/58 | €10,453 | €190,757 | +€180,304 | +1,725% |
| Total equity and liabilities | 10/49 | €388,441 | €287,360 | -€101,081 | -26.0% |
| Equity | 10/15 | -€25,417 | €70,193 | +€95,611 | |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €66,041 | €66,041 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,983 | €18,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,983 | €18,983 | = | 0.0% |
| Distributable reserves | 133 | €47,058 | €47,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,290 | -€15,679 | +€95,611 | +85.9% |
| Amounts payable | 17/49 | €413,859 | €217,167 | -€196,692 | -47.5% |
| Amounts payable after more than one year | 17 | €298,822 | €201,500 | -€97,322 | -32.6% |
| Financial debts | 170/4 | €298,822 | €201,500 | -€97,322 | -32.6% |
| Amounts payable within one year | 42/48 | €95,427 | €15,667 | -€79,760 | -83.6% |
| Current portion of amounts payable after more than one year | 42 | €27,629 | - | -€27,629 | |
| Trade debts | 44 | €4,539 | €13,793 | +€9,254 | +204% |
| Suppliers | 440/4 | €4,539 | €13,793 | +€9,254 | +204% |
| Taxes, remuneration and social security | 45 | €205 | - | -€205 | |
| Taxes | 450/3 | €205 | - | -€205 | |
| Other amounts payable | 47/48 | €63,053 | €1,874 | -€61,180 | -97.0% |
| Accrued charges and deferred income | 492/3 | €19,610 | - | -€19,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,469 | €6,407 | -€32,062 | -83.3% |
| Other operating charges | 640/8 | €2,718 | €3,618 | +€900 | +33.1% |
| Gross operating margin | 9900 | €18,713 | €108,645 | +€89,933 | +481% |
| Operating profit (loss) | 9901 | -€22,475 | €98,621 | +€121,096 | |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €2,010 | €3,010 | +€1,001 | +49.8% |
| Recurring financial charges | 65 | €2,010 | €3,010 | +€1,001 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,464 | €95,611 | +€120,075 | |
| Profit (loss) for the period | 9904 | -€24,464 | €95,611 | +€120,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,464 | €95,611 | +€120,075 |
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 17 October 2026 via checked.be.