R.D. - TECHNIEK: 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. - TECHNIEK
Largest movements
- Cash +€29,978
up €29,978 (+47.0%), from €63,743 to €93,721
mainly Net result for the year (+€33,947) and Other debts (+€14,745)
- Receivables within one year +€14,160
up €14,160 (+84.0%), from €16,856 to €31,016
of which Trade receivables: +€14,030
- Current investments +€9,000
up €9,000 (+45.2%), from €19,906 to €28,906
- Tangible fixed assets -€2,023
down €2,023 (-12.4%), from €16,275 to €14,252
of which Plant, machinery and equipment: -€1,045
- Profit (loss) carried forward +€33,947
up €33,947 (+71.6%), from -€47,399 to -€13,452
- Other debts +€14,745
up €14,745 (+80.6%), from €18,288 to €33,033
- Gross operating margin +€54,935
up €54,935, from -€6,064 to €48,872
- Other operating charges +€6,991
up €6,991 (+814%), from €859 to €7,850
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 | €125,202 | €176,038 | +€50,835 | +40.6% |
| Formation expenses | 20 | €1,094 | €814 | -€279 | -25.5% |
| Fixed assets | 21/28 | €18,725 | €16,702 | -€2,023 | -10.8% |
| Tangible fixed assets | 22/27 | €16,275 | €14,252 | -€2,023 | -12.4% |
| Plant, machinery and equipment | 23 | €6,581 | €5,536 | -€1,045 | -15.9% |
| Furniture and vehicles | 24 | €9,694 | €8,716 | -€978 | -10.1% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €105,383 | €158,522 | +€53,138 | +50.4% |
| Stocks and contracts in progress | 3 | €4,878 | €4,878 | = | 0.0% |
| Stocks | 30/36 | €4,878 | €4,878 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,856 | €31,016 | +€14,160 | +84.0% |
| Trade receivables | 40 | €16,848 | €30,877 | +€14,030 | +83.3% |
| Other amounts receivable | 41 | €8 | €139 | +€131 | +1,573% |
| Current investments | 50/53 | €19,906 | €28,906 | +€9,000 | +45.2% |
| Cash at bank and in hand | 54/58 | €63,743 | €93,721 | +€29,978 | +47.0% |
| Total equity and liabilities | 10/49 | €125,202 | €176,038 | +€50,835 | +40.6% |
| Equity | 10/15 | €105,576 | €139,523 | +€33,947 | +32.2% |
| Contributions | 10/11 | €10,226 | €10,226 | = | 0.0% |
| Reserves | 13 | €142,750 | €142,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,941 | €2,941 | = | 0.0% |
| Distributable reserves | 133 | €139,809 | €139,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,399 | -€13,452 | +€33,947 | +71.6% |
| Amounts payable | 17/49 | €19,626 | €36,515 | +€16,889 | +86.1% |
| Amounts payable within one year | 42/48 | €19,626 | €36,515 | +€16,889 | +86.1% |
| Trade debts | 44 | €929 | €1,786 | +€857 | +92.3% |
| Suppliers | 440/4 | €929 | €1,786 | +€857 | +92.3% |
| Taxes, remuneration and social security | 45 | €409 | €1,696 | +€1,286 | +314% |
| Taxes | 450/3 | €409 | €1,696 | +€1,286 | +314% |
| Other amounts payable | 47/48 | €18,288 | €33,033 | +€14,745 | +80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,978 | €6,154 | +€176 | +2.9% |
| Other operating charges | 640/8 | €859 | €7,850 | +€6,991 | +814% |
| Gross operating margin | 9900 | -€6,064 | €48,872 | +€54,935 | |
| Operating profit (loss) | 9901 | -€12,901 | €34,867 | +€47,768 | |
| Financial income | 75/76B | €0 | €8 | +€8 | +2,388% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +2,388% |
| Financial charges | 65/66B | €336 | €384 | +€48 | +14.2% |
| Recurring financial charges | 65 | €336 | €384 | +€48 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,236 | €34,492 | +€47,728 | |
| Income taxes | 67/77 | €233 | €545 | +€312 | +134% |
| Profit (loss) for the period | 9904 | -€13,469 | €33,947 | +€47,416 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,469 | €33,947 | +€47,416 |
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 16 October 2026 via checked.be.