RDa ENGINEERING: 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.
RDa ENGINEERING
Largest movements
- Cash -€114,715
down €114,715 (-75.8%), from €151,324 to €36,608
mainly Current investments (-€70,000) and Other debts (-€51,034)
- Current investments +€70,000
new in 2025: €70,000
- Tangible fixed assets -€26,566
down €26,566 (-9.9%), from €268,809 to €242,243
of which Land and buildings: -€20,803
- Receivables within one year +€10,629
up €10,629 (+74.7%), from €14,224 to €24,853
of which Trade receivables: +€10,629
- Other debts -€51,034
down €51,034 (-59.6%), from €85,563 to €34,529
- Debts after one year -€23,797
down €23,797 (-23.2%), from €102,463 to €78,666
- Trade debts +€5,902
up €5,902 (+76.4%), from €7,729 to €13,632
- Reserves +€5,000
up €5,000 (+18.2%), from €27,424 to €32,424
of which Distributable reserves: +€5,000
- Gross operating margin +€2,639
up €2,639 (+6.2%), from €42,426 to €45,065
- Depreciation +€1,658
up €1,658 (+6.7%), from €24,907 to €26,566
- Financial income +€782
new in 2025: €782
- Financial charges -€602
down €602 (-9.7%), from €6,185 to €5,583
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 | €434,356 | €374,511 | -€59,845 | -13.8% |
| Fixed assets | 21/28 | €268,809 | €242,243 | -€26,566 | -9.9% |
| Tangible fixed assets | 22/27 | €268,809 | €242,243 | -€26,566 | -9.9% |
| Land and buildings | 22 | €248,710 | €227,907 | -€20,803 | -8.4% |
| Plant, machinery and equipment | 23 | €1,813 | €1,398 | -€415 | -22.9% |
| Furniture and vehicles | 24 | €18,286 | €12,938 | -€5,348 | -29.2% |
| Current assets | 29/58 | €165,547 | €132,268 | -€33,279 | -20.1% |
| Amounts receivable within one year | 40/41 | €14,224 | €24,853 | +€10,629 | +74.7% |
| Trade receivables | 40 | €14,120 | €24,750 | +€10,629 | +75.3% |
| Other amounts receivable | 41 | €104 | €104 | = | 0.0% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €151,324 | €36,608 | -€114,715 | -75.8% |
| Deferred charges and accrued income | 490/1 | - | €807 | +€807 | |
| Total equity and liabilities | 10/49 | €434,356 | €374,511 | -€59,845 | -13.8% |
| Equity | 10/15 | €203,966 | €212,676 | +€8,710 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,424 | €32,424 | +€5,000 | +18.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,564 | €30,564 | +€5,000 | +19.6% |
| Profit (loss) carried forward | 14 | €157,942 | €161,653 | +€3,710 | +2.3% |
| Amounts payable | 17/49 | €230,390 | €161,835 | -€68,555 | -29.8% |
| Amounts payable after more than one year | 17 | €102,463 | €78,666 | -€23,797 | -23.2% |
| Financial debts | 170/4 | €102,463 | €78,666 | -€23,797 | -23.2% |
| Amounts payable within one year | 42/48 | €127,927 | €83,169 | -€44,758 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €22,695 | €23,797 | +€1,102 | +4.9% |
| Trade debts | 44 | €7,729 | €13,632 | +€5,902 | +76.4% |
| Suppliers | 440/4 | €7,729 | €13,632 | +€5,902 | +76.4% |
| Taxes, remuneration and social security | 45 | €11,939 | €11,211 | -€728 | -6.1% |
| Taxes | 450/3 | €9,439 | €7,210 | -€2,229 | -23.6% |
| Remuneration and social security | 454/9 | €2,500 | €4,001 | +€1,501 | +60.0% |
| Other amounts payable | 47/48 | €85,563 | €34,529 | -€51,034 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,907 | €26,566 | +€1,658 | +6.7% |
| Other operating charges | 640/8 | €1,426 | €1,394 | -€32 | -2.3% |
| Gross operating margin | 9900 | €42,426 | €45,065 | +€2,639 | +6.2% |
| Operating profit (loss) | 9901 | €16,092 | €17,105 | +€1,013 | +6.3% |
| Financial income | 75/76B | - | €782 | +€782 | |
| Recurring financial income | 75 | - | €782 | +€782 | |
| Financial charges | 65/66B | €6,185 | €5,583 | -€602 | -9.7% |
| Recurring financial charges | 65 | €6,185 | €5,583 | -€602 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €9,907 | €12,303 | +€2,396 | +24.2% |
| Income taxes | 67/77 | €3,815 | €3,593 | -€222 | -5.8% |
| Profit (loss) for the period | 9904 | €6,092 | €8,710 | +€2,618 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,092 | €8,710 | +€2,618 | +43.0% |
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 25 October 2026 via checked.be.