RDBS: 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.
RDBS
Largest movements
- Receivables within one year +€71,372
up €71,372 (+162.4%), from €43,948 to €115,320
of which Trade receivables: +€56,700
- Deferred charges and accrued income -€49,903
down €49,903 (-88.3%), from €56,523 to €6,620
- Tangible fixed assets +€6,519
up €6,519 (+11.8%), from €55,189 to €61,707
of which Leasing and similar rights: +€23,681
- Cash +€4,327
up €4,327 (+882993.9%), from €0 to €4,327
mainly Deferred charges and accrued income (+€49,903) and Tax, wage and social debts (+€30,856)
- Other debts -€53,442
down €53,442 (-72.8%), from €73,442 to €20,000
- Tax, wage and social debts +€30,856
up €30,856 (+210.5%), from €14,659 to €45,515
of which Taxes: +€26,161
- Reserves +€22,910
up €22,910 (+34.8%), from €65,817 to €88,726
of which Distributable reserves: +€22,910
- Debts after one year +€19,726
up €19,726 (+438.0%), from €4,503 to €24,229
- Advances received +€10,000
new in 2025: €10,000
- Gross operating margin +€38,675
up €38,675 (+43.3%), from €89,239 to €127,914
- Taxes +€8,459
up €8,459 (+923.5%), from €916 to €9,375
- Depreciation -€6,671
down €6,671 (-38.1%), from €17,517 to €10,847
- Staff costs +€3,109
up €3,109 (+5.0%), from €62,674 to €65,782
- Other operating charges +€1,734
up €1,734 (+123.9%), from €1,399 to €3,133
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 | €279,862 | €310,925 | +€31,063 | +11.1% |
| Fixed assets | 21/28 | €55,189 | €61,707 | +€6,519 | +11.8% |
| Tangible fixed assets | 22/27 | €55,189 | €61,707 | +€6,519 | +11.8% |
| Plant, machinery and equipment | 23 | €3,131 | €2,385 | -€746 | -23.8% |
| Furniture and vehicles | 24 | €35,306 | €18,890 | -€16,416 | -46.5% |
| Leasing and similar rights | 25 | €16,752 | €40,433 | +€23,681 | +141.4% |
| Current assets | 29/58 | €224,673 | €249,217 | +€24,544 | +10.9% |
| Stocks and contracts in progress | 3 | €124,202 | €122,950 | -€1,252 | -1.0% |
| Stocks | 30/36 | €124,202 | €122,950 | -€1,252 | -1.0% |
| Amounts receivable within one year | 40/41 | €43,948 | €115,320 | +€71,372 | +162.4% |
| Trade receivables | 40 | €43,918 | €100,618 | +€56,700 | +129.1% |
| Other amounts receivable | 41 | €30 | €14,702 | +€14,672 | +49054.9% |
| Cash at bank and in hand | 54/58 | €0 | €4,327 | +€4,327 | +882993.9% |
| Deferred charges and accrued income | 490/1 | €56,523 | €6,620 | -€49,903 | -88.3% |
| Total equity and liabilities | 10/49 | €279,862 | €310,925 | +€31,063 | +11.1% |
| Equity | 10/15 | €81,967 | €104,876 | +€22,910 | +27.9% |
| Contributions | 10/11 | €16,150 | €16,150 | = | 0.0% |
| Reserves | 13 | €65,817 | €88,726 | +€22,910 | +34.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,957 | €86,866 | +€22,910 | +35.8% |
| Amounts payable | 17/49 | €197,895 | €206,049 | +€8,153 | +4.1% |
| Amounts payable after more than one year | 17 | €4,503 | €24,229 | +€19,726 | +438.0% |
| Financial debts | 170/4 | €4,503 | €24,229 | +€19,726 | +438.0% |
| Amounts payable within one year | 42/48 | €193,392 | €181,820 | -€11,573 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €17,363 | €17,572 | +€209 | +1.2% |
| Financial debts | 43 | €1,239 | - | -€1,239 | |
| Credit institutions | 430/8 | €1,239 | - | -€1,239 | |
| Trade debts | 44 | €86,689 | €88,733 | +€2,044 | +2.4% |
| Suppliers | 440/4 | €86,689 | €88,733 | +€2,044 | +2.4% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €14,659 | €45,515 | +€30,856 | +210.5% |
| Taxes | 450/3 | €6,644 | €32,805 | +€26,161 | +393.8% |
| Remuneration and social security | 454/9 | €8,015 | €12,710 | +€4,695 | +58.6% |
| Other amounts payable | 47/48 | €73,442 | €20,000 | -€53,442 | -72.8% |
| Non-recurring operating income | 76A | €43,092 | €26,550 | -€16,541 | -38.4% |
| Remuneration, social security and pensions | 62 | €62,674 | €65,782 | +€3,109 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,517 | €10,847 | -€6,671 | -38.1% |
| Other operating charges | 640/8 | €1,399 | €3,133 | +€1,734 | +123.9% |
| Non-recurring operating charges | 66A | - | €10,252 | +€10,252 | |
| Gross operating margin | 9900 | €89,239 | €127,914 | +€38,675 | +43.3% |
| Operating profit (loss) | 9901 | €7,649 | €37,900 | +€30,251 | +395.5% |
| Financial income | 75/76B | €2 | €497 | +€495 | +24022.8% |
| Recurring financial income | 75 | €2 | €497 | +€495 | +24022.8% |
| Financial charges | 65/66B | €7,616 | €6,112 | -€1,503 | -19.7% |
| Recurring financial charges | 65 | €7,616 | €6,112 | -€1,503 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €35 | €32,285 | +€32,250 | +91931.8% |
| Income taxes | 67/77 | €916 | €9,375 | +€8,459 | +923.5% |
| Profit (loss) for the period | 9904 | -€881 | €22,910 | +€23,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€881 | €22,910 | +€23,791 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.