RD-Consult: 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.
RD-Consult
Largest movements
- Cash +€87,105
up €87,105 (+324.5%), from €26,840 to €113,945
mainly Net result for the year (+€69,001) and Investment in fixed assets (net) (+€26,522)
- Financial fixed assets -€28,000
down €28,000 (-8.4%), from €333,000 to €305,000
- Receivables within one year +€12,857
up €12,857 (+68.0%), from €18,917 to €31,774
of which Trade receivables: +€12,828
- Reserves +€68,168
up €68,168 (+103.9%), from €65,624 to €133,792
- Other debts +€5,372
up €5,372 (+26.2%), from €20,518 to €25,890
- Gross operating margin +€1,419
up €1,419 (+1.5%), from €91,938 to €93,358
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 | €379,428 | €452,606 | +€73,177 | +19.3% |
| Fixed assets | 21/28 | €333,000 | €306,296 | -€26,704 | -8.0% |
| Tangible fixed assets | 22/27 | - | €1,296 | +€1,296 | |
| Plant, machinery and equipment | 23 | - | €1,296 | +€1,296 | |
| Financial fixed assets | 28 | €333,000 | €305,000 | -€28,000 | -8.4% |
| Current assets | 29/58 | €46,428 | €146,310 | +€99,882 | +215.1% |
| Amounts receivable within one year | 40/41 | €18,917 | €31,774 | +€12,857 | +68.0% |
| Trade receivables | 40 | €18,876 | €31,704 | +€12,828 | +68.0% |
| Other amounts receivable | 41 | €41 | €70 | +€30 | +72.6% |
| Cash at bank and in hand | 54/58 | €26,840 | €113,945 | +€87,105 | +324.5% |
| Deferred charges and accrued income | 490/1 | €672 | €591 | -€81 | -12.0% |
| Total equity and liabilities | 10/49 | €379,428 | €452,606 | +€73,177 | +19.3% |
| Equity | 10/15 | €265,724 | €333,892 | +€68,168 | +25.7% |
| Contributions | 10/11 | €200,100 | €200,100 | = | 0.0% |
| Reserves | 13 | €65,624 | €133,792 | +€68,168 | +103.9% |
| Distributable reserves | 133 | €65,624 | €133,792 | +€68,168 | +103.9% |
| Amounts payable | 17/49 | €113,705 | €118,714 | +€5,009 | +4.4% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,705 | €58,714 | +€5,009 | +9.3% |
| Trade debts | 44 | €469 | €354 | -€115 | -24.6% |
| Suppliers | 440/4 | €469 | €354 | -€115 | -24.6% |
| Taxes, remuneration and social security | 45 | €32,718 | €32,470 | -€248 | -0.8% |
| Taxes | 450/3 | €29,725 | €32,470 | +€2,746 | +9.2% |
| Remuneration and social security | 454/9 | €2,994 | - | -€2,994 | |
| Other amounts payable | 47/48 | €20,518 | €25,890 | +€5,372 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €182 | -€872 | -82.7% |
| Other operating charges | 640/8 | €2,067 | €1,190 | -€878 | -42.5% |
| Gross operating margin | 9900 | €91,938 | €93,358 | +€1,419 | +1.5% |
| Operating profit (loss) | 9901 | €88,816 | €91,986 | +€3,170 | +3.6% |
| Financial income | 75/76B | €280 | €0 | -€280 | -100.0% |
| Recurring financial income | 75 | €280 | €0 | -€280 | -100.0% |
| Financial charges | 65/66B | €4,660 | €4,785 | +€125 | +2.7% |
| Recurring financial charges | 65 | €4,660 | €4,785 | +€125 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €84,436 | €87,201 | +€2,764 | +3.3% |
| Income taxes | 67/77 | €17,953 | €18,199 | +€246 | +1.4% |
| Profit (loss) for the period | 9904 | €66,483 | €69,001 | +€2,519 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,483 | €69,001 | +€2,519 | +3.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.