R.P.D.: 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.P.D.
Largest movements
- Cash +€160,956
up €160,956 (+153%), from €105,472 to €266,428
mainly Receivables within one year (+€151,000) and Trade debts (+€107,516)
- Receivables within one year -€151,000
down €151,000 (-46.9%), from €322,000 to €171,000
of which Trade receivables: -€168,000
- Financial fixed assets +€75,000
up €75,000 (+101%), from €74,368 to €149,368
- Tangible fixed assets -€6,873
down €6,873 (-40.6%), from €16,947 to €10,074
- Trade debts +€107,516
up €107,516 (+144%), from €74,580 to €182,097
- Other debts -€37,366
down €37,366 (-27.3%), from €137,043 to €99,677
- Tax, wage and social debts +€6,694
up €6,694 (+33.5%), from €19,983 to €26,677
of which Remuneration and social security: +€5,280
- Gross operating margin +€167,281
up €167,281 (+91.3%), from €183,320 to €350,600
- Other operating charges +€91,633
up €91,633 (+698%), from €13,119 to €104,752
- Staff costs +€78,913
up €78,913 (+54.9%), from €143,691 to €222,604
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 | €518,787 | €596,870 | +€78,083 | +15.1% |
| Fixed assets | 21/28 | €91,315 | €159,442 | +€68,127 | +74.6% |
| Tangible fixed assets | 22/27 | €16,947 | €10,074 | -€6,873 | -40.6% |
| Plant, machinery and equipment | 23 | €16,947 | €10,074 | -€6,873 | -40.6% |
| Financial fixed assets | 28 | €74,368 | €149,368 | +€75,000 | +101% |
| Current assets | 29/58 | €427,472 | €437,428 | +€9,956 | +2.3% |
| Amounts receivable within one year | 40/41 | €322,000 | €171,000 | -€151,000 | -46.9% |
| Trade receivables | 40 | €297,000 | €129,000 | -€168,000 | -56.6% |
| Other amounts receivable | 41 | €25,000 | €42,000 | +€17,000 | +68.0% |
| Cash at bank and in hand | 54/58 | €105,472 | €266,428 | +€160,956 | +153% |
| Total equity and liabilities | 10/49 | €518,787 | €596,870 | +€78,083 | +15.1% |
| Equity | 10/15 | €284,546 | €286,021 | +€1,476 | +0.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,546 | €121,021 | +€1,476 | +1.2% |
| Amounts payable | 17/49 | €234,241 | €310,848 | +€76,607 | +32.7% |
| Amounts payable within one year | 42/48 | €231,607 | €308,452 | +€76,845 | +33.2% |
| Trade debts | 44 | €74,580 | €182,097 | +€107,516 | +144% |
| Suppliers | 440/4 | €74,580 | €182,097 | +€107,516 | +144% |
| Taxes, remuneration and social security | 45 | €19,983 | €26,677 | +€6,694 | +33.5% |
| Taxes | 450/3 | €9,846 | €11,260 | +€1,414 | +14.4% |
| Remuneration and social security | 454/9 | €10,137 | €15,417 | +€5,280 | +52.1% |
| Other amounts payable | 47/48 | €137,043 | €99,677 | -€37,366 | -27.3% |
| Accrued charges and deferred income | 492/3 | €2,634 | €2,397 | -€238 | -9.0% |
| Remuneration, social security and pensions | 62 | €143,691 | €222,604 | +€78,913 | +54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,873 | €6,873 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,119 | €104,752 | +€91,633 | +698% |
| Gross operating margin | 9900 | €183,320 | €350,600 | +€167,281 | +91.3% |
| Operating profit (loss) | 9901 | €19,637 | €16,371 | -€3,266 | -16.6% |
| Financial income | 75/76B | €0 | €29 | +€28 | +8,624% |
| Recurring financial income | 75 | €0 | €29 | +€28 | +8,624% |
| Financial charges | 65/66B | €5,399 | €5,719 | +€320 | +5.9% |
| Recurring financial charges | 65 | €5,399 | €5,719 | +€320 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €14,239 | €10,681 | -€3,558 | -25.0% |
| Income taxes | 67/77 | €8,717 | €9,205 | +€488 | +5.6% |
| Profit (loss) for the period | 9904 | €5,521 | €1,476 | -€4,046 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,521 | €1,476 | -€4,046 | -73.3% |
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.