RD-PROX: 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-PROX
Largest movements
- Current investments +€24,000
new in 2025: €24,000
- Tangible fixed assets +€19,778
up €19,778 (+164%), from €12,039 to €31,818
of which Furniture and vehicles: +€22,055
- Cash -€17,532
down €17,532 (-10.4%), from €168,915 to €151,383
mainly Investment in fixed assets (net) (-€28,926) and Current investments (-€24,000)
- Reserves +€32,000
up €32,000 (+19.9%), from €160,887 to €192,887
- Trade debts -€5,831
down €5,831 (-50.5%), from €11,551 to €5,720
- Gross operating margin +€16,974
up €16,974 (+30.9%), from €54,882 to €71,856
- Taxes +€5,158
up €5,158 (+35.6%), from €14,471 to €19,629
- Depreciation +€3,598
up €3,598 (+64.8%), from €5,549 to €9,147
- Other operating charges +€1,293
up €1,293 (+117%), from €1,101 to €2,394
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 | €199,405 | €225,406 | +€26,000 | +13.0% |
| Fixed assets | 21/28 | €12,039 | €31,818 | +€19,778 | +164% |
| Tangible fixed assets | 22/27 | €12,039 | €31,818 | +€19,778 | +164% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,339 | €1,374 | -€965 | -41.3% |
| Furniture and vehicles | 24 | €4,364 | €26,419 | +€22,055 | +505% |
| Other tangible fixed assets | 26 | €5,336 | €4,024 | -€1,312 | -24.6% |
| Current assets | 29/58 | €187,366 | €193,588 | +€6,222 | +3.3% |
| Amounts receivable within one year | 40/41 | €16,470 | €17,705 | +€1,234 | +7.5% |
| Trade receivables | 40 | €15,942 | €17,424 | +€1,482 | +9.3% |
| Other amounts receivable | 41 | €529 | €281 | -€248 | -46.9% |
| Current investments | 50/53 | - | €24,000 | +€24,000 | |
| Cash at bank and in hand | 54/58 | €168,915 | €151,383 | -€17,532 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,981 | €500 | -€1,481 | -74.8% |
| Total equity and liabilities | 10/49 | €199,405 | €225,406 | +€26,000 | +13.0% |
| Equity | 10/15 | €180,887 | €212,887 | +€32,000 | +17.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €160,887 | €192,887 | +€32,000 | +19.9% |
| Distributable reserves | 133 | €160,887 | €192,887 | +€32,000 | +19.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,518 | €12,519 | -€5,999 | -32.4% |
| Amounts payable within one year | 42/48 | €18,518 | €12,519 | -€5,999 | -32.4% |
| Trade debts | 44 | €11,551 | €5,720 | -€5,831 | -50.5% |
| Suppliers | 440/4 | €11,551 | €5,720 | -€5,831 | -50.5% |
| Taxes, remuneration and social security | 45 | €5,081 | €6,349 | +€1,268 | +24.9% |
| Taxes | 450/3 | €1,443 | €2,725 | +€1,282 | +88.8% |
| Remuneration and social security | 454/9 | €3,638 | €3,624 | -€14 | -0.4% |
| Other amounts payable | 47/48 | €1,886 | €450 | -€1,436 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,549 | €9,147 | +€3,598 | +64.8% |
| Other operating charges | 640/8 | €1,101 | €2,394 | +€1,293 | +117% |
| Gross operating margin | 9900 | €54,882 | €71,856 | +€16,974 | +30.9% |
| Operating profit (loss) | 9901 | €48,232 | €60,315 | +€12,083 | +25.1% |
| Financial income | 75/76B | €1 | €78 | +€77 | +9,496% |
| Recurring financial income | 75 | €1 | €78 | +€77 | +9,496% |
| Financial charges | 65/66B | €639 | €1,214 | +€575 | +90.0% |
| Recurring financial charges | 65 | €639 | €1,214 | +€575 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €47,594 | €59,179 | +€11,585 | +24.3% |
| Income taxes | 67/77 | €14,471 | €19,629 | +€5,158 | +35.6% |
| Profit (loss) for the period | 9904 | €33,123 | €39,550 | +€6,427 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,123 | €39,550 | +€6,427 | +19.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.