RDB Corporation: what changed
RDB Corporation
Largest movements
- Receivables within one year -€19,123
down €19,123 (-99.6%), from €19,201 to €78
of which Trade receivables: -€14,853
- Stocks and contracts -€14,387
no longer reported in 2025 (was €14,387)
- Tangible fixed assets -€11,135
no longer reported in 2025 (was €11,135)
of which Plant, machinery and equipment: -€10,348
- Cash -€1,988
down €1,988 (-73.2%), from €2,715 to €727
- Profit (loss) carried forward -€49,400
down €49,400 (-218%), from -€22,698 to -€72,098
- Other debts +€35,717
new in 2025: €35,717
- Trade debts -€26,045
down €26,045 (-88.2%), from €29,537 to €3,491
- Advances received -€4,184
no longer reported in 2025 (was €4,184)
- Tax, wage and social debts -€2,720
down €2,720 (-91.9%), from €2,960 to €240
of which Taxes: -€2,023
- Write-downs +€14,387
new in 2025: €14,387
- Other operating charges +€7,339
up €7,339 (+139%), from €5,276 to €12,615
- Staff costs +€4,263
up €4,263 (+105%), from €4,067 to €8,330
- Depreciation -€3,713
no longer reported in 2025 (was €3,713)
- Financial charges +€2,278
up €2,278 (+1,356%), from €168 to €2,447
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,438 | €805 | -€46,632 | -98.3% |
| Fixed assets | 21/28 | €11,135 | - | -€11,135 | |
| Tangible fixed assets | 22/27 | €11,135 | - | -€11,135 | |
| Plant, machinery and equipment | 23 | €10,348 | - | -€10,348 | |
| Furniture and vehicles | 24 | €787 | - | -€787 | |
| Current assets | 29/58 | €36,303 | €805 | -€35,497 | -97.8% |
| Stocks and contracts in progress | 3 | €14,387 | - | -€14,387 | |
| Stocks | 30/36 | €14,387 | - | -€14,387 | |
| Amounts receivable within one year | 40/41 | €19,201 | €78 | -€19,123 | -99.6% |
| Trade receivables | 40 | €14,853 | - | -€14,853 | |
| Other amounts receivable | 41 | €4,348 | €78 | -€4,270 | -98.2% |
| Cash at bank and in hand | 54/58 | €2,715 | €727 | -€1,988 | -73.2% |
| Total equity and liabilities | 10/49 | €47,438 | €805 | -€46,632 | -98.3% |
| Equity | 10/15 | €10,757 | -€38,643 | -€49,400 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,455 | €28,455 | = | 0.0% |
| Distributable reserves | 133 | €28,455 | €28,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,698 | -€72,098 | -€49,400 | -218% |
| Amounts payable | 17/49 | €36,681 | €39,448 | +€2,768 | +7.5% |
| Amounts payable within one year | 42/48 | €36,681 | €39,448 | +€2,768 | +7.5% |
| Trade debts | 44 | €29,537 | €3,491 | -€26,045 | -88.2% |
| Suppliers | 440/4 | €29,537 | €3,491 | -€26,045 | -88.2% |
| Advances received on contracts in progress | 46 | €4,184 | - | -€4,184 | |
| Taxes, remuneration and social security | 45 | €2,960 | €240 | -€2,720 | -91.9% |
| Taxes | 450/3 | €2,263 | €240 | -€2,023 | -89.4% |
| Remuneration and social security | 454/9 | €697 | - | -€697 | |
| Other amounts payable | 47/48 | - | €35,717 | +€35,717 | |
| Remuneration, social security and pensions | 62 | €4,067 | €8,330 | +€4,263 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,713 | - | -€3,713 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,387 | +€14,387 | |
| Other operating charges | 640/8 | €5,276 | €12,615 | +€7,339 | +139% |
| Gross operating margin | 9900 | -€9,670 | -€9,482 | +€188 | +1.9% |
| Operating profit (loss) | 9901 | -€22,726 | -€44,813 | -€22,087 | -97.2% |
| Financial income | 75/76B | €144 | €43 | -€101 | -70.2% |
| Recurring financial income | 75 | €144 | €43 | -€101 | -70.2% |
| Financial charges | 65/66B | €168 | €2,447 | +€2,278 | +1,356% |
| Recurring financial charges | 65 | €168 | €2,447 | +€2,278 | +1,356% |
| Profit (loss) for the period before taxes | 9903 | -€22,751 | -€47,217 | -€24,466 | -108% |
| Income taxes | 67/77 | -€12 | €2,183 | +€2,195 | |
| Profit (loss) for the period | 9904 | -€22,739 | -€49,400 | -€26,661 | -117% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,739 | -€49,400 | -€26,661 | -117% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.