R.D.M.: 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.M.
Largest movements
- Receivables within one year -€23,904
down €23,904 (-99.6%), from €24,000 to €96
of which Trade receivables: -€24,000
- Cash +€20,376
up €20,376 (+305.5%), from €6,670 to €27,046
mainly Receivables within one year (+€23,904) and Net result for the year (+€13,058)
- Other debts -€20,000
down €20,000 (-62.4%), from €32,072 to €12,072
- Profit (loss) carried forward +€13,058
up €13,058 (+58.5%), from -€22,339 to -€9,282
- Trade debts +€3,415
up €3,415 (+714.3%), from €478 to €3,893
- Gross operating margin -€7,441
down €7,441 (-32.8%), from €22,690 to €15,249
- Taxes +€1,404
new in 2025: €1,404
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 | €30,670 | €27,143 | -€3,528 | -11.5% |
| Current assets | 29/58 | €30,670 | €27,143 | -€3,528 | -11.5% |
| Amounts receivable within one year | 40/41 | €24,000 | €96 | -€23,904 | -99.6% |
| Trade receivables | 40 | €24,000 | - | -€24,000 | |
| Other amounts receivable | 41 | - | €96 | +€96 | |
| Cash at bank and in hand | 54/58 | €6,670 | €27,046 | +€20,376 | +305.5% |
| Total equity and liabilities | 10/49 | €30,670 | €27,143 | -€3,528 | -11.5% |
| Equity | 10/15 | -€1,879 | €11,178 | +€13,058 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,339 | -€9,282 | +€13,058 | +58.5% |
| Amounts payable | 17/49 | €32,550 | €15,964 | -€16,585 | -51.0% |
| Amounts payable within one year | 42/48 | €32,550 | €15,964 | -€16,585 | -51.0% |
| Trade debts | 44 | €478 | €3,893 | +€3,415 | +714.3% |
| Suppliers | 440/4 | €478 | €3,893 | +€3,415 | +714.3% |
| Other amounts payable | 47/48 | €32,072 | €12,072 | -€20,000 | -62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | - | -€178 | |
| Other operating charges | 640/8 | €631 | €553 | -€78 | -12.3% |
| Gross operating margin | 9900 | €22,690 | €15,249 | -€7,441 | -32.8% |
| Operating profit (loss) | 9901 | €21,880 | €14,696 | -€7,185 | -32.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €241 | €240 | -€1 | -0.3% |
| Recurring financial charges | 65 | €241 | €240 | -€1 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €21,640 | €14,461 | -€7,179 | -33.2% |
| Income taxes | 67/77 | - | €1,404 | +€1,404 | |
| Profit (loss) for the period | 9904 | €21,640 | €13,058 | -€8,582 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,640 | €13,058 | -€8,582 | -39.7% |
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 4 October 2026 via checked.be.