RDB CONSULT: 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.
RDB CONSULT
Largest movements
- Receivables within one year -€32,294
down €32,294 (-63.1%), from €51,148 to €18,853
of which Trade receivables: -€29,140
- Cash -€24,623
down €24,623 (-48.8%), from €50,501 to €25,877
mainly Net result for the year (-€31,858) and Contributions, distributions and other (-€29,126)
- Tangible fixed assets -€3,786
down €3,786 (-33.1%), from €11,423 to €7,637
- Deferred charges and accrued income +€3,137
up €3,137 (+38.3%), from €8,200 to €11,337
- Profit (loss) carried forward -€31,858
new in 2025: -€31,858
- Other debts +€29,388
up €29,388 (+108.9%), from €26,995 to €56,383
- Reserves -€29,126
down €29,126 (-51.3%), from €56,788 to €27,663
- Tax, wage and social debts -€15,735
down €15,735 (-77.1%), from €20,401 to €4,666
of which Taxes: -€11,006
- Trade debts -€10,235
down €10,235 (-72.7%), from €14,087 to €3,852
- Gross operating margin -€49,596
down €49,596, from €24,227 to -€25,370
- Taxes -€4,602
down €4,602 (-94.5%), from €4,868 to €266
- Depreciation +€2,975
up €2,975 (+210.1%), from €1,416 to €4,391
- Financial charges +€424
up €424 (+309.9%), from €137 to €560
- Other operating charges -€342
down €342 (-21.2%), from €1,614 to €1,272
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 | €121,272 | €63,705 | -€57,567 | -47.5% |
| Fixed assets | 21/28 | €11,423 | €7,637 | -€3,786 | -33.1% |
| Tangible fixed assets | 22/27 | €11,423 | €7,637 | -€3,786 | -33.1% |
| Furniture and vehicles | 24 | €11,423 | €7,637 | -€3,786 | -33.1% |
| Current assets | 29/58 | €109,848 | €56,067 | -€53,781 | -49.0% |
| Amounts receivable within one year | 40/41 | €51,148 | €18,853 | -€32,294 | -63.1% |
| Trade receivables | 40 | €47,778 | €18,638 | -€29,140 | -61.0% |
| Other amounts receivable | 41 | €3,370 | €215 | -€3,155 | -93.6% |
| Cash at bank and in hand | 54/58 | €50,501 | €25,877 | -€24,623 | -48.8% |
| Deferred charges and accrued income | 490/1 | €8,200 | €11,337 | +€3,137 | +38.3% |
| Total equity and liabilities | 10/49 | €121,272 | €63,705 | -€57,567 | -47.5% |
| Equity | 10/15 | €59,788 | -€1,196 | -€60,984 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,788 | €27,663 | -€29,126 | -51.3% |
| Distributable reserves | 133 | €56,788 | €27,663 | -€29,126 | -51.3% |
| Profit (loss) carried forward | 14 | - | -€31,858 | -€31,858 | |
| Amounts payable | 17/49 | €61,483 | €64,900 | +€3,417 | +5.6% |
| Amounts payable within one year | 42/48 | €61,483 | €64,900 | +€3,417 | +5.6% |
| Trade debts | 44 | €14,087 | €3,852 | -€10,235 | -72.7% |
| Suppliers | 440/4 | €14,087 | €3,852 | -€10,235 | -72.7% |
| Taxes, remuneration and social security | 45 | €20,401 | €4,666 | -€15,735 | -77.1% |
| Taxes | 450/3 | €14,178 | €3,172 | -€11,006 | -77.6% |
| Remuneration and social security | 454/9 | €6,223 | €1,493 | -€4,730 | -76.0% |
| Other amounts payable | 47/48 | €26,995 | €56,383 | +€29,388 | +108.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,416 | €4,391 | +€2,975 | +210.1% |
| Other operating charges | 640/8 | €1,614 | €1,272 | -€342 | -21.2% |
| Gross operating margin | 9900 | €24,227 | -€25,370 | -€49,596 | |
| Operating profit (loss) | 9901 | €21,196 | -€31,033 | -€52,229 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +410.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +410.0% |
| Financial charges | 65/66B | €137 | €560 | +€424 | +309.9% |
| Recurring financial charges | 65 | €137 | €560 | +€424 | +309.9% |
| Profit (loss) for the period before taxes | 9903 | €21,060 | -€31,592 | -€52,652 | |
| Income taxes | 67/77 | €4,868 | €266 | -€4,602 | -94.5% |
| Profit (loss) for the period | 9904 | €16,192 | -€31,858 | -€48,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,192 | -€31,858 | -€48,050 |
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 4 October 2026 via checked.be.