RBD II: 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.
RBD II
Largest movements
- Cash +€2,553
up €2,553 (+176%), from €1,450 to €4,003
mainly Net result for the year (+€78,149) and Smaller working-capital items (+€58)
- Profit (loss) carried forward +€78,149
up €78,149 (+17.9%), from -€436,579 to -€358,430
- Other debts -€75,654
down €75,654 (-32.4%), from €233,460 to €157,805
- Financial charges -€3,540
down €3,540 (-22.1%), from €16,007 to €12,468
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 | €237,950 | €240,503 | +€2,553 | +1.1% |
| Fixed assets | 21/28 | €236,500 | €236,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €236,500 | €236,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €236,500 | €236,500 | = | 0.0% |
| Current assets | 29/58 | €1,450 | €4,003 | +€2,553 | +176% |
| Cash at bank and in hand | 54/58 | €1,450 | €4,003 | +€2,553 | +176% |
| Total equity and liabilities | 10/49 | €237,950 | €240,503 | +€2,553 | +1.1% |
| Equity | 10/15 | -€84,312 | -€6,163 | +€78,149 | +92.7% |
| Contributions | 10/11 | €337,686 | €337,686 | = | 0.0% |
| Capital | 10 | €337,686 | €337,686 | = | 0.0% |
| Issued capital | 100 | €337,686 | €337,686 | = | 0.0% |
| Reserves | 13 | €14,582 | €14,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,582 | €14,582 | = | 0.0% |
| Legal reserve | 130 | €14,582 | €14,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€436,579 | -€358,430 | +€78,149 | +17.9% |
| Amounts payable | 17/49 | €322,262 | €246,666 | -€75,596 | -23.5% |
| Amounts payable within one year | 42/48 | €234,871 | €159,282 | -€75,590 | -32.2% |
| Trade debts | 44 | €1,412 | €1,477 | +€65 | +4.6% |
| Suppliers | 440/4 | €1,412 | €1,477 | +€65 | +4.6% |
| Other amounts payable | 47/48 | €233,460 | €157,805 | -€75,654 | -32.4% |
| Accrued charges and deferred income | 492/3 | €87,391 | €87,384 | -€7 | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €91,510 | €91,136 | -€373 | -0.4% |
| Operating profit (loss) | 9901 | €91,004 | €90,617 | -€388 | -0.4% |
| Financial charges | 65/66B | €16,007 | €12,468 | -€3,540 | -22.1% |
| Recurring financial charges | 65 | €16,007 | €12,468 | -€3,540 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €74,997 | €78,149 | +€3,152 | +4.2% |
| Profit (loss) for the period | 9904 | €74,997 | €78,149 | +€3,152 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,997 | €78,149 | +€3,152 | +4.2% |
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.