R2D2 architecture: 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.
R2D2 architecture
Largest movements
- Cash +€393,227
up €393,227 (+64.4%), from €610,850 to €1.0m
mainly Net result for the year (+€150,655) and Trade debts (+€118,979)
- Tangible fixed assets -€48,591
down €48,591 (-13.9%), from €348,584 to €299,993
of which Other tangible fixed assets: -€27,452
- Receivables within one year -€44,496
down €44,496 (-14.1%), from €315,133 to €270,637
of which Trade receivables: -€33,107
- Receivables after one year +€32,719
up €32,719 (+231%), from €14,192 to €46,912
- Current investments +€21,889
up €21,889 (+15.0%), from €146,089 to €167,978
- Reserves +€150,000
up €150,000 (+2,419%), from €6,200 to €156,200
of which Distributable reserves: +€150,000
- Trade debts +€118,979
up €118,979 (+29.4%), from €404,643 to €523,622
- Tax, wage and social debts +€118,117
up €118,117 (+505%), from €23,387 to €141,504
of which Taxes: +€114,056
- Debts after one year -€36,529
down €36,529 (-12.0%), from €303,406 to €266,877
- Gross operating margin +€172,396
up €172,396 (+134%), from €128,399 to €300,795
- Taxes +€61,488
up €61,488 (+393%), from €15,659 to €77,146
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 | €1,457,078 | €1,804,191 | +€347,113 | +23.8% |
| Fixed assets | 21/28 | €353,128 | €304,537 | -€48,591 | -13.8% |
| Tangible fixed assets | 22/27 | €348,584 | €299,993 | -€48,591 | -13.9% |
| Land and buildings | 22 | €192,906 | €173,603 | -€19,303 | -10.0% |
| Furniture and vehicles | 24 | €20,267 | €18,432 | -€1,835 | -9.1% |
| Other tangible fixed assets | 26 | €135,411 | €107,959 | -€27,452 | -20.3% |
| Financial fixed assets | 28 | €4,544 | €4,544 | = | 0.0% |
| Current assets | 29/58 | €1,103,950 | €1,499,653 | +€395,703 | +35.8% |
| Amounts receivable after more than one year | 29 | €14,192 | €46,912 | +€32,719 | +231% |
| Other amounts receivable | 291 | €14,192 | €46,912 | +€32,719 | +231% |
| Amounts receivable within one year | 40/41 | €315,133 | €270,637 | -€44,496 | -14.1% |
| Trade receivables | 40 | €303,411 | €270,304 | -€33,107 | -10.9% |
| Other amounts receivable | 41 | €11,722 | €333 | -€11,389 | -97.2% |
| Current investments | 50/53 | €146,089 | €167,978 | +€21,889 | +15.0% |
| Cash at bank and in hand | 54/58 | €610,850 | €1,004,077 | +€393,227 | +64.4% |
| Deferred charges and accrued income | 490/1 | €17,686 | €10,050 | -€7,636 | -43.2% |
| Total equity and liabilities | 10/49 | €1,457,078 | €1,804,191 | +€347,113 | +23.8% |
| Equity | 10/15 | €677,747 | €828,403 | +€150,655 | +22.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €156,200 | +€150,000 | +2,419% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €150,000 | +€150,000 | |
| Profit (loss) carried forward | 14 | €609,547 | €610,203 | +€655 | +0.1% |
| Amounts payable | 17/49 | €779,331 | €975,788 | +€196,457 | +25.2% |
| Amounts payable after more than one year | 17 | €303,406 | €266,877 | -€36,529 | -12.0% |
| Financial debts | 170/4 | €303,406 | €266,877 | -€36,529 | -12.0% |
| Amounts payable within one year | 42/48 | €470,324 | €702,311 | +€231,987 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €41,639 | €36,529 | -€5,109 | -12.3% |
| Trade debts | 44 | €404,643 | €523,622 | +€118,979 | +29.4% |
| Suppliers | 440/4 | €404,643 | €523,622 | +€118,979 | +29.4% |
| Taxes, remuneration and social security | 45 | €23,387 | €141,504 | +€118,117 | +505% |
| Taxes | 450/3 | €20,654 | €134,710 | +€114,056 | +552% |
| Remuneration and social security | 454/9 | €2,733 | €6,794 | +€4,061 | +149% |
| Other amounts payable | 47/48 | €656 | €656 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,600 | €6,600 | +€1,000 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,631 | €57,576 | -€55 | -0.1% |
| Other operating charges | 640/8 | €7,389 | €7,224 | -€166 | -2.2% |
| Gross operating margin | 9900 | €128,399 | €300,795 | +€172,396 | +134% |
| Operating profit (loss) | 9901 | €63,378 | €235,995 | +€172,617 | +272% |
| Financial income | 75/76B | €2,613 | €3,593 | +€980 | +37.5% |
| Recurring financial income | 75 | €2,613 | €3,593 | +€980 | +37.5% |
| Financial charges | 65/66B | €12,915 | €11,787 | -€1,128 | -8.7% |
| Recurring financial charges | 65 | €12,915 | €11,787 | -€1,128 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €53,076 | €227,802 | +€174,725 | +329% |
| Income taxes | 67/77 | €15,659 | €77,146 | +€61,488 | +393% |
| Profit (loss) for the period | 9904 | €37,418 | €150,655 | +€113,237 | +303% |
| Profit (loss) for the period to be appropriated | 9905 | €37,418 | €150,655 | +€113,237 | +303% |
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.