R.R.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.R.D.
Largest movements
- Cash +€28,452
up €28,452 (+162%), from €17,596 to €46,048
mainly Trade debts (+€26,735) and Net result for the year (+€10,499)
- Receivables within one year +€10,953
up €10,953 (+5.1%), from €213,526 to €224,479
of which Other amounts receivable: +€9,481
- Trade debts +€26,735
up €26,735 (+45.2%), from €59,148 to €85,883
- Reserves +€10,499
up €10,499 (+29.4%), from €35,689 to €46,188
- Gross operating margin +€29,146
up €29,146, from -€21,225 to €7,921
- Financial charges -€2,357
down €2,357 (-82.3%), from €2,862 to €506
- Taxes +€1,324
up €1,324, from -€274 to €1,050
- Depreciation +€1,096
new in 2025: €1,096
- Other operating charges -€447
down €447 (-47.3%), from €945 to €498
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 | €234,632 | €272,917 | +€38,284 | +16.3% |
| Fixed assets | 21/28 | €1,878 | €782 | -€1,096 | -58.4% |
| Tangible fixed assets | 22/27 | €1,878 | €782 | -€1,096 | -58.4% |
| Furniture and vehicles | 24 | €1,878 | €782 | -€1,096 | -58.4% |
| Current assets | 29/58 | €232,754 | €272,135 | +€39,380 | +16.9% |
| Amounts receivable within one year | 40/41 | €213,526 | €224,479 | +€10,953 | +5.1% |
| Trade receivables | 40 | €46,679 | €48,151 | +€1,472 | +3.2% |
| Other amounts receivable | 41 | €166,847 | €176,328 | +€9,481 | +5.7% |
| Cash at bank and in hand | 54/58 | €17,596 | €46,048 | +€28,452 | +162% |
| Deferred charges and accrued income | 490/1 | €1,632 | €1,607 | -€25 | -1.6% |
| Total equity and liabilities | 10/49 | €234,632 | €272,917 | +€38,284 | +16.3% |
| Equity | 10/15 | €175,484 | €185,983 | +€10,499 | +6.0% |
| Contributions | 10/11 | €6,357 | €6,357 | = | 0.0% |
| Reserves | 13 | €35,689 | €46,188 | +€10,499 | +29.4% |
| Distributable reserves | 133 | €35,689 | €46,188 | +€10,499 | +29.4% |
| Profit (loss) carried forward | 14 | €133,437 | €133,437 | = | 0.0% |
| Amounts payable | 17/49 | €59,148 | €86,933 | +€27,785 | +47.0% |
| Amounts payable within one year | 42/48 | €59,148 | €86,933 | +€27,785 | +47.0% |
| Trade debts | 44 | €59,148 | €85,883 | +€26,735 | +45.2% |
| Suppliers | 440/4 | €59,148 | €85,883 | +€26,735 | +45.2% |
| Taxes, remuneration and social security | 45 | - | €1,050 | +€1,050 | |
| Taxes | 450/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,096 | +€1,096 | |
| Other operating charges | 640/8 | €945 | €498 | -€447 | -47.3% |
| Gross operating margin | 9900 | -€21,225 | €7,921 | +€29,146 | |
| Operating profit (loss) | 9901 | -€22,170 | €6,326 | +€28,497 | |
| Financial income | 75/76B | €5,684 | €5,728 | +€44 | +0.8% |
| Recurring financial income | 75 | €5,684 | €5,728 | +€44 | +0.8% |
| Financial charges | 65/66B | €2,862 | €506 | -€2,357 | -82.3% |
| Recurring financial charges | 65 | €2,862 | €506 | -€2,357 | -82.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,348 | €11,549 | +€30,897 | |
| Income taxes | 67/77 | -€274 | €1,050 | +€1,324 | |
| Profit (loss) for the period | 9904 | -€19,074 | €10,499 | +€29,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,074 | €10,499 | +€29,573 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.