Rbd50: 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.
Rbd50
Largest movements
- Receivables within one year +€32,985
up €32,985 (+12.3%), from €268,414 to €301,398
of which Other amounts receivable: +€25,914
- Cash -€18,228
down €18,228 (-57.5%), from €31,684 to €13,456
mainly Receivables within one year (-€32,985) and Trade debts (-€32,172)
- Stocks and contracts -€15,900
down €15,900 (-100%), from €15,900 to €0
- Trade debts -€32,172
down €32,172 (-69.4%), from €46,368 to €14,196
- Other debts +€24,696
up €24,696 (+10.4%), from €237,304 to €262,000
- Profit (loss) carried forward +€7,883
up €7,883, from -€953 to €6,929
- Gross operating margin +€8,736
up €8,736 (+446%), from €1,958 to €10,694
- Taxes +€1,732
new in 2025: €1,732
- Financial charges -€1,085
down €1,085 (-52.6%), from €2,061 to €976
- Other operating charges -€570
down €570 (-52.3%), from €1,090 to €520
- Financial income +€178
up €178 (+74.3%), from €239 to €417
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 | €315,998 | €314,854 | -€1,143 | -0.4% |
| Current assets | 29/58 | €315,998 | €314,854 | -€1,143 | -0.4% |
| Stocks and contracts in progress | 3 | €15,900 | €0 | -€15,900 | -100% |
| Contracts in progress | 37 | €15,900 | €0 | -€15,900 | -100% |
| Amounts receivable within one year | 40/41 | €268,414 | €301,398 | +€32,985 | +12.3% |
| Trade receivables | 40 | €268,180 | €275,251 | +€7,071 | +2.6% |
| Other amounts receivable | 41 | €234 | €26,148 | +€25,914 | +11,086% |
| Cash at bank and in hand | 54/58 | €31,684 | €13,456 | -€18,228 | -57.5% |
| Total equity and liabilities | 10/49 | €315,998 | €314,854 | -€1,143 | -0.4% |
| Equity | 10/15 | €29,047 | €36,929 | +€7,883 | +27.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€953 | €6,929 | +€7,883 | |
| Amounts payable | 17/49 | €286,951 | €277,925 | -€9,026 | -3.1% |
| Amounts payable within one year | 42/48 | €286,951 | €277,925 | -€9,026 | -3.1% |
| Trade debts | 44 | €46,368 | €14,196 | -€32,172 | -69.4% |
| Suppliers | 440/4 | €46,368 | €14,196 | -€32,172 | -69.4% |
| Taxes, remuneration and social security | 45 | €3,279 | €1,729 | -€1,550 | -47.3% |
| Taxes | 450/3 | €3,279 | €1,729 | -€1,550 | -47.3% |
| Other amounts payable | 47/48 | €237,304 | €262,000 | +€24,696 | +10.4% |
| Other operating charges | 640/8 | €1,090 | €520 | -€570 | -52.3% |
| Gross operating margin | 9900 | €1,958 | €10,694 | +€8,736 | +446% |
| Operating profit (loss) | 9901 | €868 | €10,175 | +€9,306 | +1,072% |
| Financial income | 75/76B | €239 | €417 | +€178 | +74.3% |
| Recurring financial income | 75 | €239 | €417 | +€178 | +74.3% |
| Financial charges | 65/66B | €2,061 | €976 | -€1,085 | -52.6% |
| Recurring financial charges | 65 | €2,061 | €976 | -€1,085 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | -€953 | €9,615 | +€10,569 | |
| Income taxes | 67/77 | - | €1,732 | +€1,732 | |
| Profit (loss) for the period | 9904 | -€953 | €7,883 | +€8,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€953 | €7,883 | +€8,836 |
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 14 October 2026 via checked.be.