R-dreams: what changed
What changed
R-dreams
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€70,178
2024 · €25,967+€44,211
Equity
€83,572
2024 · €63,394+€20,178
Cash
€140,175
2024 · €79,847+€60,328
Balance sheet total
€620,942
2024 · €604,834+€16,108
Largest movements
Assets
- Cash +€60,328
up €60,328 (+75.6%), from €79,847 to €140,175
mainly Net result for the year (+€70,178) and Other debts (+€49,905)
- Tangible fixed assets -€33,686
down €33,686 (-31.6%), from €106,674 to €72,988
of which Leasing and similar rights: -€26,009
- Stocks and contracts -€28,300
down €28,300 (-10.4%), from €272,000 to €243,700
- Receivables within one year +€16,827
up €16,827 (+13.4%), from €125,181 to €142,008
of which Trade receivables: +€15,437
Equity and liabilities
- Other debts +€49,905
up €49,905 (+4,242%), from €1,176 to €51,082
- Debts after one year -€40,040
down €40,040 (-64.6%), from €61,947 to €21,907
- Tax, wage and social debts -€37,870
down €37,870 (-39.2%), from €96,631 to €58,761
of which Remuneration and social security: -€20,344
- Trade debts +€37,432
up €37,432 (+17.4%), from €214,567 to €251,998
- Current portion of long-term debt -€24,725
down €24,725 (-40.0%), from €61,823 to €37,098
Income statement
- Staff costs -€51,879
down €51,879 (-17.5%), from €296,467 to €244,587
- Gross operating margin -€16,381
down €16,381 (-4.0%), from €408,165 to €391,784
- Other operating charges -€10,538
down €10,538 (-55.0%), from €19,175 to €8,637
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,967
Gross operating margin
-€16,381
Staff costs
+€51,879
Depreciation
-€991
Write-downs
-€3,708
Other operating charges
+€10,538
Financial income
-€2,293
Financial charges
+€2,620
Taxes
+€2,547
Result 2025
€70,178
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€167,996
Investment
-€4,132
Financing
-€103,536
Cash 2024
€79,847
From operations (derived)
+€167,996
Net result for the year
+€70,178
Depreciation
+€39,240
Stocks and contracts
+€28,300
Receivables within one year
-€16,827
Deferred charges and accrued income
-€2,361
Trade debts
+€37,432
Tax, wage and social debts
-€37,870
Other debts
+€49,905
Investment (derived)
-€4,132
Investment in fixed assets (net)
-€4,132
Financing
-€103,536
Debts after one year
-€40,040
Current portion of long-term debt
-€24,725
Short-term financial debts
+€11,229
Contributions, distributions and other
-€50,000
Cash 2025
€140,175
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €604,834 | €620,942 | +€16,108 | +2.7% |
| Fixed assets | 21/28 | €114,610 | €79,502 | -€35,108 | -30.6% |
| Intangible fixed assets | 21 | €3,735 | €2,313 | -€1,422 | -38.1% |
| Tangible fixed assets | 22/27 | €106,674 | €72,988 | -€33,686 | -31.6% |
| Plant, machinery and equipment | 23 | €3,649 | €2,332 | -€1,317 | -36.1% |
| Furniture and vehicles | 24 | €9,584 | €9,455 | -€130 | -1.4% |
| Leasing and similar rights | 25 | €66,235 | €40,225 | -€26,009 | -39.3% |
| Other tangible fixed assets | 26 | €27,206 | €20,976 | -€6,230 | -22.9% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €490,224 | €541,440 | +€51,216 | +10.4% |
| Stocks and contracts in progress | 3 | €272,000 | €243,700 | -€28,300 | -10.4% |
| Stocks | 30/36 | €272,000 | €243,700 | -€28,300 | -10.4% |
| Amounts receivable within one year | 40/41 | €125,181 | €142,008 | +€16,827 | +13.4% |
| Trade receivables | 40 | €120,714 | €136,151 | +€15,437 | +12.8% |
| Other amounts receivable | 41 | €4,467 | €5,857 | +€1,390 | +31.1% |
| Cash at bank and in hand | 54/58 | €79,847 | €140,175 | +€60,328 | +75.6% |
| Deferred charges and accrued income | 490/1 | €13,196 | €15,557 | +€2,361 | +17.9% |
| Total equity and liabilities | 10/49 | €604,834 | €620,942 | +€16,108 | +2.7% |
| Equity | 10/15 | €63,394 | €83,572 | +€20,178 | +31.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,794 | €64,972 | +€20,178 | +45.0% |
| Distributable reserves | 133 | €44,794 | €64,972 | +€20,178 | +45.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €541,440 | €537,371 | -€4,069 | -0.8% |
| Amounts payable after more than one year | 17 | €61,947 | €21,907 | -€40,040 | -64.6% |
| Financial debts | 170/4 | €61,947 | €21,907 | -€40,040 | -64.6% |
| Amounts payable within one year | 42/48 | €479,493 | €515,463 | +€35,971 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €61,823 | €37,098 | -€24,725 | -40.0% |
| Financial debts | 43 | €105,296 | €116,525 | +€11,229 | +10.7% |
| Credit institutions | 430/8 | €105,296 | €116,525 | +€11,229 | +10.7% |
| Trade debts | 44 | €214,567 | €251,998 | +€37,432 | +17.4% |
| Suppliers | 440/4 | €214,567 | €251,998 | +€37,432 | +17.4% |
| Taxes, remuneration and social security | 45 | €96,631 | €58,761 | -€37,870 | -39.2% |
| Taxes | 450/3 | €46,924 | €29,398 | -€17,526 | -37.3% |
| Remuneration and social security | 454/9 | €49,707 | €29,363 | -€20,344 | -40.9% |
| Other amounts payable | 47/48 | €1,176 | €51,082 | +€49,905 | +4,242% |
| Remuneration, social security and pensions | 62 | €296,467 | €244,587 | -€51,879 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,249 | €39,240 | +€991 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,699 | €9 | +€3,708 | |
| Other operating charges | 640/8 | €19,175 | €8,637 | -€10,538 | -55.0% |
| Gross operating margin | 9900 | €408,165 | €391,784 | -€16,381 | -4.0% |
| Operating profit (loss) | 9901 | €57,974 | €99,310 | +€41,336 | +71.3% |
| Financial income | 75/76B | €2,443 | €150 | -€2,293 | -93.9% |
| Recurring financial income | 75 | €2,443 | €150 | -€2,293 | -93.9% |
| Financial charges | 65/66B | €17,043 | €14,423 | -€2,620 | -15.4% |
| Recurring financial charges | 65 | €17,043 | €14,423 | -€2,620 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €43,374 | €85,037 | +€41,664 | +96.1% |
| Income taxes | 67/77 | €17,407 | €14,860 | -€2,547 | -14.6% |
| Profit (loss) for the period | 9904 | €25,967 | €70,178 | +€44,211 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €25,967 | €70,178 | +€44,211 | +170% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.