RD AGENCY: 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.
RD AGENCY
Largest movements
- Receivables within one year -€114,489
down €114,489 (-82.8%), from €138,207 to €23,718
of which Other amounts receivable: -€108,883
- Receivables after one year +€83,108
new in 2025: €83,108
- Cash +€27,425
up €27,425 (+932%), from €2,942 to €30,367
mainly Receivables within one year (+€114,489) and Net result for the year (+€62,451)
- Tangible fixed assets -€7,045
down €7,045 (-31.0%), from €22,721 to €15,676
- Advances received -€68,038
no longer reported in 2025 (was €68,038)
- Profit (loss) carried forward +€62,451
up €62,451 (+175%), from €35,628 to €98,079
- Trade debts -€30,696
no longer reported in 2025 (was €30,696)
- Tax, wage and social debts +€21,807
up €21,807 (+306%), from €7,129 to €28,936
- Other debts +€3,475
up €3,475 (+24.2%), from €14,369 to €17,844
- Gross operating margin +€113,963
up €113,963, from -€21,592 to €92,371
- Taxes +€14,979
new in 2025: €14,979
- Depreciation -€1,417
down €1,417 (-16.7%), from €8,462 to €7,045
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 | €163,920 | €152,919 | -€11,001 | -6.7% |
| Fixed assets | 21/28 | €22,771 | €15,726 | -€7,045 | -30.9% |
| Tangible fixed assets | 22/27 | €22,721 | €15,676 | -€7,045 | -31.0% |
| Furniture and vehicles | 24 | €22,721 | €15,676 | -€7,045 | -31.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €141,149 | €137,193 | -€3,956 | -2.8% |
| Amounts receivable after more than one year | 29 | - | €83,108 | +€83,108 | |
| Other amounts receivable | 291 | - | €83,108 | +€83,108 | |
| Amounts receivable within one year | 40/41 | €138,207 | €23,718 | -€114,489 | -82.8% |
| Trade receivables | 40 | €14,722 | €9,116 | -€5,606 | -38.1% |
| Other amounts receivable | 41 | €123,485 | €14,602 | -€108,883 | -88.2% |
| Cash at bank and in hand | 54/58 | €2,942 | €30,367 | +€27,425 | +932% |
| Total equity and liabilities | 10/49 | €163,920 | €152,919 | -€11,001 | -6.7% |
| Equity | 10/15 | €43,688 | €106,139 | +€62,451 | +143% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,628 | €98,079 | +€62,451 | +175% |
| Amounts payable | 17/49 | €120,232 | €46,780 | -€73,452 | -61.1% |
| Amounts payable within one year | 42/48 | €120,232 | €46,780 | -€73,452 | -61.1% |
| Trade debts | 44 | €30,696 | - | -€30,696 | |
| Suppliers | 440/4 | €30,696 | - | -€30,696 | |
| Advances received on contracts in progress | 46 | €68,038 | - | -€68,038 | |
| Taxes, remuneration and social security | 45 | €7,129 | €28,936 | +€21,807 | +306% |
| Taxes | 450/3 | €7,129 | €28,936 | +€21,807 | +306% |
| Other amounts payable | 47/48 | €14,369 | €17,844 | +€3,475 | +24.2% |
| Remuneration, social security and pensions | 62 | €53 | €103 | +€50 | +94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,462 | €7,045 | -€1,417 | -16.7% |
| Other operating charges | 640/8 | €1,520 | €821 | -€699 | -46.0% |
| Non-recurring operating charges | 66A | €7,905 | €7,132 | -€773 | -9.8% |
| Gross operating margin | 9900 | -€21,592 | €92,371 | +€113,963 | |
| Operating profit (loss) | 9901 | -€39,532 | €77,270 | +€116,802 | |
| Financial income | 75/76B | - | €160 | +€160 | |
| Recurring financial income | 75 | - | €160 | +€160 | |
| Financial charges | 65/66B | €155 | - | -€155 | |
| Recurring financial charges | 65 | €155 | - | -€155 | |
| Profit (loss) for the period before taxes | 9903 | -€39,687 | €77,430 | +€117,117 | |
| Income taxes | 67/77 | - | €14,979 | +€14,979 | |
| Profit (loss) for the period | 9904 | -€39,687 | €62,451 | +€102,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,687 | €62,451 | +€102,138 |
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 19 October 2026 via checked.be.