R.D.L.: 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.
R.D.L.
Largest movements
- Cash +€407,844
up €407,844 (+801.8%), from €50,869 to €458,713
mainly Net result for the year (+€657,270) and Tax, wage and social debts (+€7,809)
- Profit (loss) carried forward +€657,270
up €657,270 (+386.4%), from €170,121 to €827,391
- Other debts -€256,847
down €256,847 (-54.2%), from €473,499 to €216,651
- Financial income +€617,505
up €617,505 (+901.6%), from €68,493 to €685,998
- Financial charges +€26,039
up €26,039 (+59859.2%), from €44 to €26,082
- Gross operating margin -€993
down €993 (-60.0%), from -€1,653 to -€2,646
- Other operating charges -€403
no longer reported in 2025 (was €403)
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 | €712,274 | €1,120,118 | +€407,844 | +57.3% |
| Fixed assets | 21/28 | €634,137 | €634,137 | = | 0.0% |
| Financial fixed assets | 28 | €634,137 | €634,137 | = | 0.0% |
| Current assets | 29/58 | €78,137 | €485,981 | +€407,844 | +522.0% |
| Amounts receivable within one year | 40/41 | €27,268 | €27,268 | = | 0.0% |
| Other amounts receivable | 41 | €27,268 | €27,268 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,869 | €458,713 | +€407,844 | +801.8% |
| Total equity and liabilities | 10/49 | €712,274 | €1,120,118 | +€407,844 | +57.3% |
| Equity | 10/15 | €238,388 | €895,658 | +€657,270 | +275.7% |
| Contributions | 10/11 | €62,070 | €62,070 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Outside capital | 11 | €97 | €97 | = | 0.0% |
| Share premium | 1100/10 | €97 | €97 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,121 | €827,391 | +€657,270 | +386.4% |
| Amounts payable | 17/49 | €473,886 | €224,460 | -€249,426 | -52.6% |
| Amounts payable within one year | 42/48 | €473,886 | €224,460 | -€249,426 | -52.6% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €7,809 | +€7,809 | |
| Taxes | 450/3 | - | €7,809 | +€7,809 | |
| Other amounts payable | 47/48 | €473,499 | €216,651 | -€256,847 | -54.2% |
| Other operating charges | 640/8 | €403 | - | -€403 | |
| Gross operating margin | 9900 | -€1,653 | -€2,646 | -€993 | -60.0% |
| Operating profit (loss) | 9901 | -€2,056 | -€2,646 | -€589 | -28.7% |
| Financial income | 75/76B | €68,493 | €685,998 | +€617,505 | +901.6% |
| Recurring financial income | 75 | €68,493 | €685,998 | +€617,505 | +901.6% |
| Financial charges | 65/66B | €44 | €26,082 | +€26,039 | +59859.2% |
| Recurring financial charges | 65 | €44 | €26,082 | +€26,039 | +59859.2% |
| Profit (loss) for the period before taxes | 9903 | €66,393 | €657,270 | +€590,877 | +890.0% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +160.0% |
| Profit (loss) for the period | 9904 | €66,393 | €657,270 | +€590,877 | +890.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,393 | €657,270 | +€590,877 | +890.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.