RD TAXCONSULT: 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 TAXCONSULT
Largest movements
- Tangible fixed assets +€83,331
up €83,331 (+58.0%), from €143,572 to €226,903
of which Furniture and vehicles: +€89,999
- Cash -€15,475
down €15,475 (-66.8%), from €23,166 to €7,691
mainly Investment in fixed assets (net) (-€103,291) and Other debts (-€1,047)
- Current investments -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Reserves +€61,971
up €61,971 (+42.2%), from €146,910 to €208,881
- Gross operating margin +€17,357
up €17,357 (+21.6%), from €80,341 to €97,698
- Depreciation +€6,867
up €6,867 (+52.5%), from €13,093 to €19,960
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 | €201,551 | €259,852 | +€58,301 | +28.9% |
| Fixed assets | 21/28 | €143,820 | €227,151 | +€83,331 | +57.9% |
| Tangible fixed assets | 22/27 | €143,572 | €226,903 | +€83,331 | +58.0% |
| Land and buildings | 22 | €141,701 | €132,564 | -€9,136 | -6.4% |
| Plant, machinery and equipment | 23 | €207 | €2,676 | +€2,468 | +1,192% |
| Furniture and vehicles | 24 | €1,664 | €91,663 | +€89,999 | +5,409% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €57,731 | €32,701 | -€25,030 | -43.4% |
| Amounts receivable within one year | 40/41 | €13,165 | €12,998 | -€168 | -1.3% |
| Trade receivables | 40 | €11,676 | €10,998 | -€678 | -5.8% |
| Other amounts receivable | 41 | €1,490 | €1,999 | +€510 | +34.2% |
| Current investments | 50/53 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €23,166 | €7,691 | -€15,475 | -66.8% |
| Deferred charges and accrued income | 490/1 | €1,400 | €2,012 | +€613 | +43.8% |
| Total equity and liabilities | 10/49 | €201,551 | €259,852 | +€58,301 | +28.9% |
| Equity | 10/15 | €166,910 | €228,881 | +€61,971 | +37.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €146,910 | €208,881 | +€61,971 | +42.2% |
| Distributable reserves | 133 | €146,910 | €208,881 | +€61,971 | +42.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,641 | €30,971 | -€3,670 | -10.6% |
| Amounts payable within one year | 42/48 | €34,057 | €30,942 | -€3,115 | -9.1% |
| Trade debts | 44 | €1,060 | €22 | -€1,039 | -98.0% |
| Suppliers | 440/4 | €1,060 | €22 | -€1,039 | -98.0% |
| Advances received on contracts in progress | 46 | €985 | €0 | -€985 | -100% |
| Taxes, remuneration and social security | 45 | €6,925 | €6,880 | -€45 | -0.6% |
| Taxes | 450/3 | €4,925 | €4,880 | -€45 | -0.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €25,087 | €24,040 | -€1,047 | -4.2% |
| Accrued charges and deferred income | 492/3 | €584 | €30 | -€554 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,093 | €19,960 | +€6,867 | +52.5% |
| Other operating charges | 640/8 | €1,767 | €1,616 | -€152 | -8.6% |
| Gross operating margin | 9900 | €80,341 | €97,698 | +€17,357 | +21.6% |
| Operating profit (loss) | 9901 | €65,481 | €76,122 | +€10,641 | +16.3% |
| Financial income | 75/76B | €438 | €66 | -€372 | -85.0% |
| Recurring financial income | 75 | €438 | €66 | -€372 | -85.0% |
| Financial charges | 65/66B | €67 | €69 | +€2 | +3.6% |
| Recurring financial charges | 65 | €67 | €69 | +€2 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €65,852 | €76,119 | +€10,267 | +15.6% |
| Income taxes | 67/77 | €14,503 | €14,148 | -€355 | -2.4% |
| Profit (loss) for the period | 9904 | €51,349 | €61,971 | +€10,622 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,349 | €61,971 | +€10,622 | +20.7% |
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 29 October 2026 via checked.be.