RCDR: what changed
Two fiscal 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.
RCDR
Largest movements
- Financial fixed assets -€10,695
down €10,695 (-95.1%), from €11,240 to €546
- Receivables within one year -€6,799
down €6,799 (-87.2%), from €7,795 to €997
of which Trade receivables: -€6,371
- Cash -€5,530
down €5,530 (-29.4%), from €18,806 to €13,276
mainly Net result for the year (-€25,493) and Other debts (-€670)
- Profit (loss) carried forward -€25,493
down €25,493 (-299.0%), from -€8,527 to -€34,020
- Tax, wage and social debts +€3,016
up €3,016 (+31.1%), from €9,685 to €12,702
of which Remuneration and social security: +€5,529
- Other debts -€670
down €670 (-27.1%), from €2,471 to €1,801
- Trade debts -€554
down €554 (-1.5%), from €37,100 to €36,546
- Gross operating margin -€29,709
down €29,709 (-88.1%), from €33,707 to €3,997
- Staff costs +€4,486
up €4,486 (+19.8%), from €22,691 to €27,177
- Financial charges -€578
down €578 (-29.6%), from €1,956 to €1,378
- Other operating charges -€559
down €559 (-58.4%), from €959 to €399
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,730 | €20,029 | -€23,700 | -54.2% |
| Formation expenses | 20 | €942 | €628 | -€314 | -33.3% |
| Fixed assets | 21/28 | €11,733 | €807 | -€10,926 | -93.1% |
| Tangible fixed assets | 22/27 | €493 | €262 | -€231 | -46.9% |
| Furniture and vehicles | 24 | €493 | €262 | -€231 | -46.9% |
| Financial fixed assets | 28 | €11,240 | €546 | -€10,695 | -95.1% |
| Current assets | 29/58 | €31,055 | €18,594 | -€12,461 | -40.1% |
| Stocks and contracts in progress | 3 | €4,322 | €4,322 | = | 0.0% |
| Stocks | 30/36 | €4,322 | €4,322 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,795 | €997 | -€6,799 | -87.2% |
| Trade receivables | 40 | €6,371 | - | -€6,371 | |
| Other amounts receivable | 41 | €1,424 | €997 | -€428 | -30.0% |
| Cash at bank and in hand | 54/58 | €18,806 | €13,276 | -€5,530 | -29.4% |
| Deferred charges and accrued income | 490/1 | €132 | - | -€132 | |
| Total equity and liabilities | 10/49 | €43,730 | €20,029 | -€23,700 | -54.2% |
| Equity | 10/15 | -€5,527 | -€31,020 | -€25,493 | -461.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,527 | -€34,020 | -€25,493 | -299.0% |
| Amounts payable | 17/49 | €49,257 | €51,049 | +€1,793 | +3.6% |
| Amounts payable within one year | 42/48 | €49,257 | €51,049 | +€1,793 | +3.6% |
| Trade debts | 44 | €37,100 | €36,546 | -€554 | -1.5% |
| Suppliers | 440/4 | €37,100 | €36,546 | -€554 | -1.5% |
| Taxes, remuneration and social security | 45 | €9,685 | €12,702 | +€3,016 | +31.1% |
| Taxes | 450/3 | €2,556 | €44 | -€2,512 | -98.3% |
| Remuneration and social security | 454/9 | €7,129 | €12,658 | +€5,529 | +77.5% |
| Other amounts payable | 47/48 | €2,471 | €1,801 | -€670 | -27.1% |
| Remuneration, social security and pensions | 62 | €22,691 | €27,177 | +€4,486 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €545 | +€30 | +5.9% |
| Other operating charges | 640/8 | €959 | €399 | -€559 | -58.4% |
| Gross operating margin | 9900 | €33,707 | €3,997 | -€29,709 | -88.1% |
| Operating profit (loss) | 9901 | €9,542 | -€24,124 | -€33,666 | |
| Financial income | 75/76B | €6 | €8 | +€2 | +36.4% |
| Recurring financial income | 75 | €6 | €8 | +€2 | +36.4% |
| Financial charges | 65/66B | €1,956 | €1,378 | -€578 | -29.6% |
| Recurring financial charges | 65 | €1,956 | €1,378 | -€578 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €7,593 | -€25,493 | -€33,086 | |
| Profit (loss) for the period | 9904 | €7,593 | -€25,493 | -€33,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,593 | -€25,493 | -€33,086 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.