RCDM Services: 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.
RCDM Services
Largest movements
- Deferred charges and accrued income +€11,517
new in 2025: €11,517
- Tangible fixed assets -€6,163
down €6,163 (-9.7%), from €63,658 to €57,496
of which Leasing and similar rights: -€8,611
- Cash +€5,075
up €5,075 (+45.4%), from €11,183 to €16,258
mainly Net result for the year (+€24,886) and Depreciation (+€24,065)
- Receivables within one year +€4,028
up €4,028 (+27.0%), from €14,942 to €18,970
of which Trade receivables: +€4,739
- Stocks and contracts +€1,427
up €1,427 (+4.8%), from €29,686 to €31,113
- Reserves +€24,800
new in 2025: €24,800
- Other debts -€12,771
down €12,771 (-38.7%), from €32,966 to €20,195
- Tax, wage and social debts +€10,292
up €10,292 (+105.4%), from €9,760 to €20,052
of which Remuneration and social security: +€7,350
- Debts after one year -€8,245
down €8,245 (-75.7%), from €10,895 to €2,650
- Trade debts -€8,082
down €8,082 (-71.2%), from €11,347 to €3,266
- Gross operating margin +€25,972
up €25,972 (+24.3%), from €107,048 to €133,020
- Staff costs +€10,316
up €10,316 (+18.7%), from €55,040 to €65,356
- Taxes +€8,117
up €8,117 (+170.7%), from €4,754 to €12,872
- Depreciation +€3,350
up €3,350 (+16.2%), from €20,715 to €24,065
- Financial charges +€2,103
up €2,103 (+84.4%), from €2,493 to €4,596
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.
Cash bridge derived
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 | €119,643 | €135,529 | +€15,885 | +13.3% |
| Fixed assets | 21/28 | €63,833 | €57,671 | -€6,163 | -9.7% |
| Tangible fixed assets | 22/27 | €63,658 | €57,496 | -€6,163 | -9.7% |
| Plant, machinery and equipment | 23 | €18,761 | €14,647 | -€4,114 | -21.9% |
| Furniture and vehicles | 24 | €6,510 | €15,860 | +€9,350 | +143.6% |
| Leasing and similar rights | 25 | €17,127 | €8,516 | -€8,611 | -50.3% |
| Other tangible fixed assets | 26 | €21,260 | €18,473 | -€2,787 | -13.1% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €55,810 | €77,858 | +€22,048 | +39.5% |
| Stocks and contracts in progress | 3 | €29,686 | €31,113 | +€1,427 | +4.8% |
| Stocks | 30/36 | €29,686 | €31,113 | +€1,427 | +4.8% |
| Amounts receivable within one year | 40/41 | €14,942 | €18,970 | +€4,028 | +27.0% |
| Trade receivables | 40 | €14,051 | €18,790 | +€4,739 | +33.7% |
| Other amounts receivable | 41 | €891 | €180 | -€711 | -79.8% |
| Cash at bank and in hand | 54/58 | €11,183 | €16,258 | +€5,075 | +45.4% |
| Deferred charges and accrued income | 490/1 | - | €11,517 | +€11,517 | |
| Total equity and liabilities | 10/49 | €119,643 | €135,529 | +€15,885 | +13.3% |
| Equity | 10/15 | €46,853 | €71,739 | +€24,886 | +53.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €24,800 | +€24,800 | |
| Distributable reserves | 133 | - | €24,800 | +€24,800 | |
| Profit (loss) carried forward | 14 | €41,853 | €41,939 | +€86 | +0.2% |
| Amounts payable | 17/49 | €72,791 | €63,789 | -€9,001 | -12.4% |
| Amounts payable after more than one year | 17 | €10,895 | €2,650 | -€8,245 | -75.7% |
| Financial debts | 170/4 | €10,895 | €2,650 | -€8,245 | -75.7% |
| Amounts payable within one year | 42/48 | €61,896 | €59,257 | -€2,638 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €7,822 | €15,745 | +€7,923 | +101.3% |
| Trade debts | 44 | €11,347 | €3,266 | -€8,082 | -71.2% |
| Suppliers | 440/4 | €11,347 | €3,266 | -€8,082 | -71.2% |
| Taxes, remuneration and social security | 45 | €9,760 | €20,052 | +€10,292 | +105.4% |
| Taxes | 450/3 | €6,353 | €9,295 | +€2,942 | +46.3% |
| Remuneration and social security | 454/9 | €3,407 | €10,757 | +€7,350 | +215.7% |
| Other amounts payable | 47/48 | €32,966 | €20,195 | -€12,771 | -38.7% |
| Accrued charges and deferred income | 492/3 | - | €1,882 | +€1,882 | |
| Remuneration, social security and pensions | 62 | €55,040 | €65,356 | +€10,316 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,715 | €24,065 | +€3,350 | +16.2% |
| Other operating charges | 640/8 | €572 | €1,245 | +€673 | +117.6% |
| Gross operating margin | 9900 | €107,048 | €133,020 | +€25,972 | +24.3% |
| Operating profit (loss) | 9901 | €30,721 | €42,354 | +€11,633 | +37.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,493 | €4,596 | +€2,103 | +84.4% |
| Recurring financial charges | 65 | €2,493 | €4,596 | +€2,103 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €28,228 | €37,758 | +€9,530 | +33.8% |
| Income taxes | 67/77 | €4,754 | €12,872 | +€8,117 | +170.7% |
| Profit (loss) for the period | 9904 | €23,474 | €24,886 | +€1,413 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,474 | €24,886 | +€1,413 | +6.0% |
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 12 October 2026 via checked.be.