RD ART: 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 ART
Largest movements
- Tangible fixed assets -€8,674
down €8,674 (-31.7%), from €27,399 to €18,725
of which Furniture and vehicles: -€7,993
- Receivables within one year +€1,558
up €1,558 (+58.6%), from €2,660 to €4,218
of which Trade receivables: +€1,742
- Profit (loss) carried forward -€7,216
down €7,216 (-8.8%), from €81,611 to €74,395
- Gross operating margin -€13,111
down €13,111 (-67.3%), from €19,486 to €6,376
- Taxes -€2,179
down €2,179 (-94.1%), from €2,315 to €136
- Depreciation +€386
up €386 (+2.5%), from €15,185 to €15,570
- Other operating charges -€347
down €347 (-33.8%), from €1,025 to €678
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 | €136,203 | €128,372 | -€7,831 | -5.7% |
| Fixed assets | 21/28 | €27,399 | €18,725 | -€8,674 | -31.7% |
| Tangible fixed assets | 22/27 | €27,399 | €18,725 | -€8,674 | -31.7% |
| Plant, machinery and equipment | 23 | €1,117 | €436 | -€681 | -60.9% |
| Furniture and vehicles | 24 | €26,282 | €18,288 | -€7,993 | -30.4% |
| Current assets | 29/58 | €108,804 | €109,647 | +€843 | +0.8% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,660 | €4,218 | +€1,558 | +58.6% |
| Trade receivables | 40 | €975 | €2,717 | +€1,742 | +178.7% |
| Other amounts receivable | 41 | €1,685 | €1,500 | -€184 | -10.9% |
| Cash at bank and in hand | 54/58 | €5,248 | €4,336 | -€912 | -17.4% |
| Deferred charges and accrued income | 490/1 | €896 | €1,093 | +€197 | +22.0% |
| Total equity and liabilities | 10/49 | €136,203 | €128,372 | -€7,831 | -5.7% |
| Equity | 10/15 | €117,640 | €110,424 | -€7,216 | -6.1% |
| Contributions | 10/11 | €6,693 | €6,693 | = | 0.0% |
| Reserves | 13 | €29,336 | €29,336 | = | 0.0% |
| Distributable reserves | 133 | €29,336 | €29,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,611 | €74,395 | -€7,216 | -8.8% |
| Amounts payable | 17/49 | €18,563 | €17,947 | -€615 | -3.3% |
| Amounts payable within one year | 42/48 | €18,563 | €17,947 | -€615 | -3.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,146 | €286 | -€860 | -75.0% |
| Taxes | 450/3 | €1,146 | €286 | -€860 | -75.0% |
| Other amounts payable | 47/48 | €17,416 | €17,661 | +€245 | +1.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,185 | €15,570 | +€386 | +2.5% |
| Other operating charges | 640/8 | €1,025 | €678 | -€347 | -33.8% |
| Gross operating margin | 9900 | €19,486 | €6,376 | -€13,111 | -67.3% |
| Operating profit (loss) | 9901 | €3,277 | -€9,873 | -€13,150 | |
| Financial income | 75/76B | €2,830 | €2,830 | = | 0.0% |
| Recurring financial income | 75 | €2,830 | €2,830 | = | 0.0% |
| Financial charges | 65/66B | €71 | €37 | -€34 | -47.8% |
| Recurring financial charges | 65 | €71 | €37 | -€34 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €6,037 | -€7,079 | -€13,116 | |
| Income taxes | 67/77 | €2,315 | €136 | -€2,179 | -94.1% |
| Profit (loss) for the period | 9904 | €3,721 | -€7,216 | -€10,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,721 | -€7,216 | -€10,937 |
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 10 October 2026 via checked.be.