RD & TR - Consulting: 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 & TR - Consulting
Largest movements
- Receivables after one year +€56,936
up €56,936 (+28.5%), from €200,000 to €256,936
- Cash +€35,405
up €35,405 (+255%), from €13,906 to €49,311
mainly Net result for the year (+€62,447) and Tax, wage and social debts (+€22,689)
- Tangible fixed assets -€9,932
down €9,932 (-17.0%), from €58,540 to €48,608
of which Leasing and similar rights: -€11,890
- Reserves +€62,447
new in 2025: €62,447
- Tax, wage and social debts +€22,689
up €22,689 (+134%), from €16,919 to €39,608
- Debts after one year -€8,286
down €8,286 (-22.1%), from €37,452 to €29,166
- Turnover +€110,800
up €110,800 (+554%), from €20,000 to €130,800
- Gross operating margin +€101,296
up €101,296 (+1,582%), from €6,404 to €107,700
- Taxes +€31,838
new in 2025: €31,838
- Purchases and services +€9,504
up €9,504 (+69.9%), from €13,596 to €23,100
- Depreciation +€4,532
up €4,532 (+36.8%), from €12,305 to €16,837
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 | €352,375 | €430,602 | +€78,227 | +22.2% |
| Fixed assets | 21/28 | €58,540 | €48,608 | -€9,932 | -17.0% |
| Tangible fixed assets | 22/27 | €58,540 | €48,608 | -€9,932 | -17.0% |
| Plant, machinery and equipment | 23 | €5,014 | €7,526 | +€2,512 | +50.1% |
| Furniture and vehicles | 24 | €3,627 | €3,073 | -€554 | -15.3% |
| Leasing and similar rights | 25 | €49,899 | €38,009 | -€11,890 | -23.8% |
| Current assets | 29/58 | €293,835 | €381,994 | +€88,159 | +30.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €256,936 | +€56,936 | +28.5% |
| Other amounts receivable | 291 | €200,000 | €256,936 | +€56,936 | +28.5% |
| Amounts receivable within one year | 40/41 | €31,147 | €26,965 | -€4,182 | -13.4% |
| Trade receivables | 40 | €7,744 | €18,392 | +€10,648 | +138% |
| Other amounts receivable | 41 | €23,403 | €8,573 | -€14,830 | -63.4% |
| Current investments | 50/53 | €48,782 | €48,782 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,906 | €49,311 | +€35,405 | +255% |
| Total equity and liabilities | 10/49 | €352,375 | €430,602 | +€78,227 | +22.2% |
| Equity | 10/15 | €290,181 | €352,628 | +€62,447 | +21.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €62,447 | +€62,447 | |
| Distributable reserves | 133 | - | €62,447 | +€62,447 | |
| Profit (loss) carried forward | 14 | €289,181 | €289,181 | = | 0.0% |
| Amounts payable | 17/49 | €62,194 | €77,974 | +€15,780 | +25.4% |
| Amounts payable after more than one year | 17 | €37,452 | €29,166 | -€8,286 | -22.1% |
| Financial debts | 170/4 | €37,452 | €29,166 | -€8,286 | -22.1% |
| Amounts payable within one year | 42/48 | €24,742 | €48,808 | +€24,066 | +97.3% |
| Current portion of amounts payable after more than one year | 42 | €7,684 | €8,286 | +€602 | +7.8% |
| Trade debts | 44 | €139 | €914 | +€775 | +558% |
| Suppliers | 440/4 | €139 | €914 | +€775 | +558% |
| Taxes, remuneration and social security | 45 | €16,919 | €39,608 | +€22,689 | +134% |
| Taxes | 450/3 | €16,919 | €39,608 | +€22,689 | +134% |
| Turnover | 70 | €20,000 | €130,800 | +€110,800 | +554% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,596 | €23,100 | +€9,504 | +69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,305 | €16,837 | +€4,532 | +36.8% |
| Other operating charges | 640/8 | €2,811 | €2,126 | -€685 | -24.4% |
| Gross operating margin | 9900 | €6,404 | €107,700 | +€101,296 | +1,582% |
| Operating profit (loss) | 9901 | -€8,712 | €88,737 | +€97,449 | |
| Financial income | 75/76B | €7,856 | €9,256 | +€1,400 | +17.8% |
| Recurring financial income | 75 | €7,856 | €9,256 | +€1,400 | +17.8% |
| Financial charges | 65/66B | €3,157 | €3,708 | +€551 | +17.5% |
| Recurring financial charges | 65 | €3,157 | €3,708 | +€551 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,013 | €94,285 | +€98,298 | |
| Income taxes | 67/77 | - | €31,838 | +€31,838 | |
| Profit (loss) for the period | 9904 | -€4,013 | €62,447 | +€66,460 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,013 | €62,447 | +€66,460 |
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 21 October 2026 via checked.be.