RD ELECTRICITE: 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 ELECTRICITE
Largest movements
- Tangible fixed assets +€10,826
up €10,826 (+335%), from €3,228 to €14,055
of which Furniture and vehicles: +€10,366
- Receivables within one year -€4,977
down €4,977 (-6.9%), from €72,328 to €67,352
of which Trade receivables: -€7,372
- Profit (loss) carried forward +€9,877
up €9,877 (+203%), from €4,870 to €14,747
- Tax, wage and social debts -€5,976
no longer reported in 2024 (was €5,976)
of which Remuneration and social security: -€5,684
- Short-term financial debts +€4,692
up €4,692 (+66.8%), from €7,021 to €11,713
- Trade debts +€4,323
up €4,323 (+22.0%), from €19,668 to €23,991
- Current portion of long-term debt -€3,762
down €3,762 (-44.2%), from €8,521 to €4,759
- Gross operating margin -€27,883
down €27,883 (-54.3%), from €51,314 to €23,431
- Staff costs -€25,743
down €25,743, from €25,269 to -€474
- Other operating charges -€4,047
down €4,047 (-50.5%), from €8,019 to €3,971
- Depreciation +€3,207
up €3,207 (+146%), from €2,198 to €5,406
- Financial charges -€2,228
down €2,228 (-62.3%), from €3,573 to €1,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,715 | €81,785 | +€6,070 | +8.0% |
| Fixed assets | 21/28 | €3,228 | €14,055 | +€10,826 | +335% |
| Tangible fixed assets | 22/27 | €3,228 | €14,055 | +€10,826 | +335% |
| Plant, machinery and equipment | 23 | €3,228 | €3,689 | +€461 | +14.3% |
| Furniture and vehicles | 24 | - | €10,366 | +€10,366 | |
| Current assets | 29/58 | €72,486 | €67,730 | -€4,756 | -6.6% |
| Amounts receivable within one year | 40/41 | €72,328 | €67,352 | -€4,977 | -6.9% |
| Trade receivables | 40 | €37,938 | €30,566 | -€7,372 | -19.4% |
| Other amounts receivable | 41 | €34,391 | €36,786 | +€2,395 | +7.0% |
| Cash at bank and in hand | 54/58 | €25 | €25 | +€0 | +0.4% |
| Deferred charges and accrued income | 490/1 | €133 | €353 | +€221 | +167% |
| Total equity and liabilities | 10/49 | €75,715 | €81,785 | +€6,070 | +8.0% |
| Equity | 10/15 | €29,870 | €39,747 | +€9,877 | +33.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,870 | €14,747 | +€9,877 | +203% |
| Amounts payable | 17/49 | €45,844 | €42,038 | -€3,806 | -8.3% |
| Amounts payable after more than one year | 17 | €4,657 | €1,575 | -€3,083 | -66.2% |
| Financial debts | 170/4 | €4,657 | €1,575 | -€3,083 | -66.2% |
| Amounts payable within one year | 42/48 | €41,187 | €40,463 | -€723 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €8,521 | €4,759 | -€3,762 | -44.2% |
| Financial debts | 43 | €7,021 | €11,713 | +€4,692 | +66.8% |
| Credit institutions | 430/8 | €7,021 | €11,713 | +€4,692 | +66.8% |
| Trade debts | 44 | €19,668 | €23,991 | +€4,323 | +22.0% |
| Suppliers | 440/4 | €19,668 | €23,991 | +€4,323 | +22.0% |
| Taxes, remuneration and social security | 45 | €5,976 | - | -€5,976 | |
| Taxes | 450/3 | €292 | - | -€292 | |
| Remuneration and social security | 454/9 | €5,684 | - | -€5,684 | |
| Remuneration, social security and pensions | 62 | €25,269 | -€474 | -€25,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,198 | €5,406 | +€3,207 | +146% |
| Other operating charges | 640/8 | €8,019 | €3,971 | -€4,047 | -50.5% |
| Gross operating margin | 9900 | €51,314 | €23,431 | -€27,883 | -54.3% |
| Operating profit (loss) | 9901 | €15,828 | €14,528 | -€1,300 | -8.2% |
| Financial income | 75/76B | €981 | €1,981 | +€1,000 | +102% |
| Recurring financial income | 75 | €981 | €1,981 | +€1,000 | +102% |
| Financial charges | 65/66B | €3,573 | €1,345 | -€2,228 | -62.3% |
| Recurring financial charges | 65 | €3,573 | €1,345 | -€2,228 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €13,236 | €15,164 | +€1,928 | +14.6% |
| Income taxes | 67/77 | €3,118 | €5,287 | +€2,170 | +69.6% |
| Profit (loss) for the period | 9904 | €10,119 | €9,877 | -€242 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,119 | €9,877 | -€242 | -2.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.