RD Global Trading: 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 Global Trading
Largest movements
- Receivables within one year +€90,700
up €90,700 (+978%), from €9,278 to €99,978
of which Trade receivables: +€85,504
- Cash +€51,889
up €51,889 (+192%), from €27,007 to €78,896
mainly Debts after one year (+€88,391) and Trade debts (+€65,170)
- Stocks and contracts +€43,500
new in 2025: €43,500
- Deferred charges and accrued income +€2,506
up €2,506 (+116%), from €2,168 to €4,674
- Debts after one year +€88,391
new in 2025: €88,391
- Trade debts +€65,170
up €65,170 (+1,871%), from €3,484 to €68,654
- Current portion of long-term debt +€23,422
new in 2025: €23,422
- Reserves +€8,335
up €8,335 (+168%), from €4,965 to €13,300
- Tax, wage and social debts +€5,210
up €5,210 (+143%), from €3,633 to €8,843
- Financial charges +€9,249
up €9,249 (+5,522%), from €167 to €9,417
- Gross operating margin +€7,443
up €7,443 (+41.4%), from €17,971 to €25,413
- Depreciation +€1,584
up €1,584 (+307%), from €516 to €2,100
- Taxes +€1,126
up €1,126 (+31.0%), from €3,633 to €4,759
- Other operating charges +€734
up €734 (+282%), from €260 to €995
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 | €53,436 | €241,931 | +€188,494 | +353% |
| Fixed assets | 21/28 | €14,984 | €12,884 | -€2,100 | -14.0% |
| Intangible fixed assets | 21 | €9,754 | €8,754 | -€1,000 | -10.3% |
| Tangible fixed assets | 22/27 | €5,230 | €4,130 | -€1,100 | -21.0% |
| Furniture and vehicles | 24 | €5,230 | €4,130 | -€1,100 | -21.0% |
| Current assets | 29/58 | €38,453 | €229,047 | +€190,594 | +496% |
| Amounts receivable after more than one year | 29 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 291 | - | €2,000 | +€2,000 | |
| Stocks and contracts in progress | 3 | - | €43,500 | +€43,500 | |
| Stocks | 30/36 | - | €43,500 | +€43,500 | |
| Amounts receivable within one year | 40/41 | €9,278 | €99,978 | +€90,700 | +978% |
| Trade receivables | 40 | €8,124 | €93,628 | +€85,504 | +1,052% |
| Other amounts receivable | 41 | €1,154 | €6,350 | +€5,196 | +450% |
| Cash at bank and in hand | 54/58 | €27,007 | €78,896 | +€51,889 | +192% |
| Deferred charges and accrued income | 490/1 | €2,168 | €4,674 | +€2,506 | +116% |
| Total equity and liabilities | 10/49 | €53,436 | €241,931 | +€188,494 | +353% |
| Equity | 10/15 | €14,965 | €23,300 | +€8,335 | +55.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €4,965 | €13,300 | +€8,335 | +168% |
| Distributable reserves | 133 | €4,965 | €13,300 | +€8,335 | +168% |
| Amounts payable | 17/49 | €38,471 | €218,631 | +€180,160 | +468% |
| Amounts payable after more than one year | 17 | - | €88,391 | +€88,391 | |
| Financial debts | 170/4 | - | €88,391 | +€88,391 | |
| Amounts payable within one year | 42/48 | €38,471 | €130,240 | +€91,769 | +239% |
| Current portion of amounts payable after more than one year | 42 | - | €23,422 | +€23,422 | |
| Trade debts | 44 | €3,484 | €68,654 | +€65,170 | +1,871% |
| Suppliers | 440/4 | €3,484 | €68,654 | +€65,170 | +1,871% |
| Taxes, remuneration and social security | 45 | €3,633 | €8,843 | +€5,210 | +143% |
| Taxes | 450/3 | €3,633 | €8,843 | +€5,210 | +143% |
| Other amounts payable | 47/48 | €31,354 | €29,321 | -€2,033 | -6.5% |
| Non-recurring operating income | 76A | €10,000 | €26,181 | +€16,181 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €2,100 | +€1,584 | +307% |
| Other operating charges | 640/8 | €260 | €995 | +€734 | +282% |
| Non-recurring operating charges | 66A | €6 | - | -€6 | |
| Gross operating margin | 9900 | €17,971 | €25,413 | +€7,443 | +41.4% |
| Operating profit (loss) | 9901 | €17,188 | €22,319 | +€5,131 | +29.9% |
| Financial income | 75/76B | - | €192 | +€192 | |
| Recurring financial income | 75 | - | €192 | +€192 | |
| Financial charges | 65/66B | €167 | €9,417 | +€9,249 | +5,522% |
| Recurring financial charges | 65 | €167 | €9,417 | +€9,249 | +5,522% |
| Profit (loss) for the period before taxes | 9903 | €17,020 | €13,094 | -€3,926 | -23.1% |
| Income taxes | 67/77 | €3,633 | €4,759 | +€1,126 | +31.0% |
| Profit (loss) for the period | 9904 | €13,387 | €8,335 | -€5,052 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,387 | €8,335 | -€5,052 | -37.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.