RD-CONSULTANCY: 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-CONSULTANCY
Largest movements
- Cash +€84,919
up €84,919 (+96.1%), from €88,398 to €173,317
mainly Net result for the year (+€67,632) and Tax, wage and social debts (+€18,643)
- Tangible fixed assets -€10,580
down €10,580 (-4.3%), from €246,942 to €236,361
of which Other tangible fixed assets: -€10,839
- Receivables within one year +€6,451
up €6,451 (+35.7%), from €18,063 to €24,514
of which Trade receivables: +€7,845
- Reserves +€67,500
up €67,500 (+115.7%), from €58,360 to €125,860
- Tax, wage and social debts +€18,643
up €18,643 (+242.4%), from €7,692 to €26,335
- Other debts -€5,585
down €5,585 (-16.8%), from €33,168 to €27,584
- Gross operating margin +€46,963
up €46,963 (+57.5%), from €81,644 to €128,607
- Taxes +€15,750
up €15,750 (+87.0%), from €18,108 to €33,859
- Other operating charges +€1,534
up €1,534 (+20.7%), from €7,398 to €8,931
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 | €356,560 | €434,393 | +€77,833 | +21.8% |
| Fixed assets | 21/28 | €246,942 | €236,361 | -€10,580 | -4.3% |
| Tangible fixed assets | 22/27 | €246,942 | €236,361 | -€10,580 | -4.3% |
| Furniture and vehicles | 24 | €3,636 | €3,895 | +€259 | +7.1% |
| Other tangible fixed assets | 26 | €243,306 | €232,467 | -€10,839 | -4.5% |
| Current assets | 29/58 | €109,618 | €198,031 | +€88,413 | +80.7% |
| Amounts receivable within one year | 40/41 | €18,063 | €24,514 | +€6,451 | +35.7% |
| Trade receivables | 40 | €14,819 | €22,664 | +€7,845 | +52.9% |
| Other amounts receivable | 41 | €3,244 | €1,850 | -€1,394 | -43.0% |
| Cash at bank and in hand | 54/58 | €88,398 | €173,317 | +€84,919 | +96.1% |
| Deferred charges and accrued income | 490/1 | €3,157 | €200 | -€2,957 | -93.7% |
| Total equity and liabilities | 10/49 | €356,560 | €434,393 | +€77,833 | +21.8% |
| Equity | 10/15 | €309,493 | €377,125 | +€67,632 | +21.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,360 | €125,860 | +€67,500 | +115.7% |
| Distributable reserves | 133 | €58,360 | €125,860 | +€67,500 | +115.7% |
| Profit (loss) carried forward | 14 | €244,933 | €245,065 | +€132 | +0.1% |
| Amounts payable | 17/49 | €47,066 | €57,268 | +€10,201 | +21.7% |
| Amounts payable within one year | 42/48 | €47,066 | €57,268 | +€10,201 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | - | €19 | +€19 | |
| Trade debts | 44 | €6,206 | €3,330 | -€2,876 | -46.3% |
| Suppliers | 440/4 | €6,206 | €3,330 | -€2,876 | -46.3% |
| Taxes, remuneration and social security | 45 | €7,692 | €26,335 | +€18,643 | +242.4% |
| Taxes | 450/3 | €7,692 | €26,335 | +€18,643 | +242.4% |
| Other amounts payable | 47/48 | €33,168 | €27,584 | -€5,585 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,734 | €15,527 | -€207 | -1.3% |
| Other operating charges | 640/8 | €7,398 | €8,931 | +€1,534 | +20.7% |
| Gross operating margin | 9900 | €81,644 | €128,607 | +€46,963 | +57.5% |
| Operating profit (loss) | 9901 | €58,513 | €104,149 | +€45,636 | +78.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +16.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +16.7% |
| Financial charges | 65/66B | €3,338 | €2,659 | -€679 | -20.3% |
| Recurring financial charges | 65 | €3,338 | €2,659 | -€679 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €55,175 | €101,490 | +€46,315 | +83.9% |
| Income taxes | 67/77 | €18,108 | €33,859 | +€15,750 | +87.0% |
| Profit (loss) for the period | 9904 | €37,066 | €67,632 | +€30,565 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,066 | €67,632 | +€30,565 | +82.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.