RD Invest: 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 Invest
Largest movements
- Receivables within one year +€61,807
up €61,807 (+3492.4%), from €1,770 to €63,576
of which Other amounts receivable: +€61,626
- Cash -€18,041
down €18,041 (-87.5%), from €20,624 to €2,583
mainly Receivables within one year (-€61,807) and Trade debts (-€36)
- Profit (loss) carried forward +€38,571
up €38,571 (+95.7%), from €40,316 to €78,886
- Gross operating margin -€6,753
down €6,753 (-8.9%), from €75,961 to €69,207
- Financial charges -€3,687
down €3,687 (-16.5%), from €22,366 to €18,679
- Depreciation -€2,225
down €2,225 (-100.0%), from €2,225 to €0
- Other operating charges +€1,074
up €1,074 (+279.3%), from €384 to €1,458
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,842 | €764,608 | +€43,766 | +6.1% |
| Current assets | 29/58 | €720,842 | €764,608 | +€43,766 | +6.1% |
| Stocks and contracts in progress | 3 | €698,449 | €698,449 | = | 0.0% |
| Stocks | 30/36 | €698,449 | €698,449 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,770 | €63,576 | +€61,807 | +3492.4% |
| Trade receivables | 40 | - | €181 | +€181 | |
| Other amounts receivable | 41 | €1,770 | €63,396 | +€61,626 | +3482.2% |
| Cash at bank and in hand | 54/58 | €20,624 | €2,583 | -€18,041 | -87.5% |
| Total equity and liabilities | 10/49 | €720,842 | €764,608 | +€43,766 | +6.1% |
| Equity | 10/15 | €101,816 | €140,386 | +€38,571 | +37.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Share premium | 1100/10 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,316 | €78,886 | +€38,571 | +95.7% |
| Amounts payable | 17/49 | €619,027 | €624,222 | +€5,195 | +0.8% |
| Amounts payable within one year | 42/48 | €619,027 | €624,222 | +€5,195 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €465,000 | €465,477 | +€477 | +0.1% |
| Trade debts | 44 | €36 | €0 | -€36 | -100.0% |
| Suppliers | 440/4 | €36 | €0 | -€36 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,098 | €11,998 | +€900 | +8.1% |
| Taxes | 450/3 | €10,970 | €11,100 | +€130 | +1.2% |
| Remuneration and social security | 454/9 | €128 | €898 | +€769 | +599.1% |
| Other amounts payable | 47/48 | €142,892 | €146,747 | +€3,855 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €0 | -€2,225 | -100.0% |
| Other operating charges | 640/8 | €384 | €1,458 | +€1,074 | +279.3% |
| Gross operating margin | 9900 | €75,961 | €69,207 | -€6,753 | -8.9% |
| Operating profit (loss) | 9901 | €73,351 | €67,749 | -€5,602 | -7.6% |
| Financial charges | 65/66B | €22,366 | €18,679 | -€3,687 | -16.5% |
| Recurring financial charges | 65 | €22,366 | €18,679 | -€3,687 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €50,985 | €49,071 | -€1,915 | -3.8% |
| Income taxes | 67/77 | €10,670 | €10,500 | -€170 | -1.6% |
| Profit (loss) for the period | 9904 | €40,316 | €38,571 | -€1,745 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,316 | €38,571 | -€1,745 | -4.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.