RD AUTOSELECT: 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 AUTOSELECT
Largest movements
- Stocks and contracts -€74,756
down €74,756 (-53.4%), from €139,862 to €65,106
- Receivables within one year +€6,057
up €6,057 (+337%), from €1,796 to €7,852
of which Trade receivables: +€7,852
- Deferred charges and accrued income +€2,204
up €2,204 (+86.3%), from €2,554 to €4,759
- Profit (loss) carried forward -€89,385
down €89,385 (-233%), from -€38,325 to -€127,710
- Short-term financial debts -€42,430
down €42,430 (-98.4%), from €43,114 to €684
- Debts after one year +€24,038
up €24,038 (+49.7%), from €48,400 to €72,438
of which Financial debts: +€24,038
- Trade debts +€23,773
up €23,773 (+119%), from €20,002 to €43,775
- Current portion of long-term debt +€18,028
new in 2025: €18,028
- Gross operating margin -€34,385
down €34,385, from €3,874 to -€30,511
- Financial income -€6,673
down €6,673 (-34.9%), from €19,118 to €12,445
- Other operating charges -€4,111
down €4,111 (-37.4%), from €10,999 to €6,888
- Staff costs +€2,286
up €2,286 (+3.9%), from €57,877 to €60,163
- Financial charges +€2,278
up €2,278 (+230%), from €990 to €3,268
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 | €144,565 | €78,530 | -€66,035 | -45.7% |
| Fixed assets | 21/28 | €260 | €260 | = | 0.0% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €144,305 | €78,270 | -€66,035 | -45.8% |
| Stocks and contracts in progress | 3 | €139,862 | €65,106 | -€74,756 | -53.4% |
| Stocks | 30/36 | €139,862 | €65,106 | -€74,756 | -53.4% |
| Amounts receivable within one year | 40/41 | €1,796 | €7,852 | +€6,057 | +337% |
| Trade receivables | 40 | - | €7,852 | +€7,852 | |
| Other amounts receivable | 41 | €1,796 | - | -€1,796 | |
| Cash at bank and in hand | 54/58 | €93 | €553 | +€460 | +494% |
| Deferred charges and accrued income | 490/1 | €2,554 | €4,759 | +€2,204 | +86.3% |
| Total equity and liabilities | 10/49 | €144,565 | €78,530 | -€66,035 | -45.7% |
| Equity | 10/15 | -€19,725 | -€109,110 | -€89,385 | -453% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,325 | -€127,710 | -€89,385 | -233% |
| Amounts payable | 17/49 | €164,291 | €187,640 | +€23,350 | +14.2% |
| Amounts payable after more than one year | 17 | €48,400 | €72,438 | +€24,038 | +49.7% |
| Financial debts | 170/4 | - | €24,038 | +€24,038 | |
| Other amounts payable | 178/9 | €48,400 | €48,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,891 | €115,202 | -€688 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,028 | +€18,028 | |
| Financial debts | 43 | €43,114 | €684 | -€42,430 | -98.4% |
| Credit institutions | 430/8 | €43,114 | €684 | -€42,430 | -98.4% |
| Trade debts | 44 | €20,002 | €43,775 | +€23,773 | +119% |
| Suppliers | 440/4 | €20,002 | €43,775 | +€23,773 | +119% |
| Taxes, remuneration and social security | 45 | €24,867 | €10,772 | -€14,095 | -56.7% |
| Taxes | 450/3 | €18,027 | €6,047 | -€11,980 | -66.5% |
| Remuneration and social security | 454/9 | €6,840 | €4,725 | -€2,115 | -30.9% |
| Other amounts payable | 47/48 | €27,908 | €41,943 | +€14,036 | +50.3% |
| Remuneration, social security and pensions | 62 | €57,877 | €60,163 | +€2,286 | +3.9% |
| Other operating charges | 640/8 | €10,999 | €6,888 | -€4,111 | -37.4% |
| Gross operating margin | 9900 | €3,874 | -€30,511 | -€34,385 | |
| Operating profit (loss) | 9901 | -€65,002 | -€97,562 | -€32,560 | -50.1% |
| Financial income | 75/76B | €19,118 | €12,445 | -€6,673 | -34.9% |
| Recurring financial income | 75 | €19,118 | €12,445 | -€6,673 | -34.9% |
| Financial charges | 65/66B | €990 | €3,268 | +€2,278 | +230% |
| Recurring financial charges | 65 | €990 | €3,268 | +€2,278 | +230% |
| Profit (loss) for the period before taxes | 9903 | -€46,874 | -€88,385 | -€41,511 | -88.6% |
| Income taxes | 67/77 | €1,066 | €1,000 | -€65 | -6.1% |
| Profit (loss) for the period | 9904 | -€47,940 | -€89,385 | -€41,445 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,940 | -€89,385 | -€41,445 | -86.5% |
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 19 October 2026 via checked.be.