RD Square Technologies: 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 Square Technologies
Largest movements
- Receivables within one year +€16,991
up €16,991 (+168.0%), from €10,114 to €27,105
of which Other amounts receivable: +€13,244
- Cash +€6,613
up €6,613 (+106.5%), from €6,212 to €12,825
mainly Net result for the year (+€26,709) and Depreciation (+€4,313)
- Tangible fixed assets -€3,062
down €3,062 (-39.4%), from €7,769 to €4,707
- Profit (loss) carried forward +€26,709
up €26,709 (+69501.2%), from €38 to €26,748
- Other debts -€5,857
no longer reported in 2025 (was €5,857)
- Tax, wage and social debts +€2,378
up €2,378 (+39.0%), from €6,093 to €8,471
- Trade debts -€2,128
down €2,128 (-68.9%), from €3,087 to €959
- Gross operating margin +€29,215
up €29,215 (+317.1%), from €9,214 to €38,429
- Taxes +€5,833
up €5,833 (+388.2%), from €1,503 to €7,335
- Depreciation +€934
up €934 (+27.7%), from €3,379 to €4,313
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 | €24,094 | €44,877 | +€20,783 | +86.3% |
| Fixed assets | 21/28 | €7,769 | €4,947 | -€2,822 | -36.3% |
| Tangible fixed assets | 22/27 | €7,769 | €4,707 | -€3,062 | -39.4% |
| Furniture and vehicles | 24 | €7,769 | €4,707 | -€3,062 | -39.4% |
| Financial fixed assets | 28 | - | €240 | +€240 | |
| Current assets | 29/58 | €16,326 | €39,930 | +€23,605 | +144.6% |
| Amounts receivable within one year | 40/41 | €10,114 | €27,105 | +€16,991 | +168.0% |
| Trade receivables | 40 | €9,516 | €13,263 | +€3,747 | +39.4% |
| Other amounts receivable | 41 | €597 | €13,842 | +€13,244 | +2217.1% |
| Cash at bank and in hand | 54/58 | €6,212 | €12,825 | +€6,613 | +106.5% |
| Total equity and liabilities | 10/49 | €24,094 | €44,877 | +€20,783 | +86.3% |
| Equity | 10/15 | €8,738 | €35,448 | +€26,709 | +305.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,700 | €5,700 | = | 0.0% |
| Distributable reserves | 133 | €5,700 | €5,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38 | €26,748 | +€26,709 | +69501.2% |
| Amounts payable | 17/49 | €15,356 | €9,430 | -€5,926 | -38.6% |
| Amounts payable within one year | 42/48 | €15,356 | €9,430 | -€5,926 | -38.6% |
| Financial debts | 43 | €320 | - | -€320 | |
| Credit institutions | 430/8 | €320 | - | -€320 | |
| Trade debts | 44 | €3,087 | €959 | -€2,128 | -68.9% |
| Suppliers | 440/4 | €3,087 | €959 | -€2,128 | -68.9% |
| Taxes, remuneration and social security | 45 | €6,093 | €8,471 | +€2,378 | +39.0% |
| Taxes | 450/3 | €6,093 | €8,471 | +€2,378 | +39.0% |
| Other amounts payable | 47/48 | €5,857 | - | -€5,857 | |
| Remuneration, social security and pensions | 62 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,379 | €4,313 | +€934 | +27.7% |
| Other operating charges | 640/8 | €165 | €66 | -€99 | -60.1% |
| Gross operating margin | 9900 | €9,214 | €38,429 | +€29,215 | +317.1% |
| Operating profit (loss) | 9901 | €5,420 | €34,050 | +€28,630 | +528.2% |
| Financial income | 75/76B | - | €307 | +€307 | |
| Recurring financial income | 75 | - | €307 | +€307 | |
| Financial charges | 65/66B | €101 | €312 | +€211 | +208.4% |
| Recurring financial charges | 65 | €101 | €312 | +€211 | +208.4% |
| Profit (loss) for the period before taxes | 9903 | €5,319 | €34,045 | +€28,726 | +540.0% |
| Income taxes | 67/77 | €1,503 | €7,335 | +€5,833 | +388.2% |
| Profit (loss) for the period | 9904 | €3,817 | €26,709 | +€22,893 | +599.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,817 | €26,709 | +€22,893 | +599.8% |
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 30 September 2026 via checked.be.