RDBS1802: 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.
RDBS1802
Largest movements
- Cash +€16,382
up €16,382 (+12.6%), from €129,785 to €146,167
mainly Other debts (+€39,076) and Trade debts (+€17,934)
- Stocks and contracts +€8,634
up €8,634 (+14.3%), from €60,179 to €68,812
- Receivables within one year +€6,225
up €6,225 (+22.3%), from €27,866 to €34,090
of which Trade receivables: +€9,753
- Other debts +€39,076
up €39,076 (+152.0%), from €25,706 to €64,782
- Reserves -€22,000
down €22,000 (-18.8%), from €117,000 to €95,000
- Trade debts +€17,934
up €17,934 (+89.2%), from €20,114 to €38,047
- Tax, wage and social debts -€3,343
down €3,343 (-20.0%), from €16,725 to €13,382
of which Remuneration and social security: -€3,586
- Gross operating margin +€15,779
up €15,779 (+15.6%), from €100,907 to €116,686
- Taxes +€2,131
up €2,131 (+101.7%), from €2,096 to €4,226
- Staff costs +€1,390
up €1,390 (+1.5%), from €91,068 to €92,458
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 | €234,272 | €264,710 | +€30,438 | +13.0% |
| Fixed assets | 21/28 | €16,331 | €15,359 | -€972 | -6.0% |
| Tangible fixed assets | 22/27 | €3,711 | €2,739 | -€972 | -26.2% |
| Furniture and vehicles | 24 | €638 | €286 | -€352 | -55.2% |
| Other tangible fixed assets | 26 | €3,073 | €2,453 | -€620 | -20.2% |
| Financial fixed assets | 28 | €12,620 | €12,620 | = | 0.0% |
| Current assets | 29/58 | €217,941 | €249,352 | +€31,411 | +14.4% |
| Stocks and contracts in progress | 3 | €60,179 | €68,812 | +€8,634 | +14.3% |
| Stocks | 30/36 | €60,179 | €68,812 | +€8,634 | +14.3% |
| Amounts receivable within one year | 40/41 | €27,866 | €34,090 | +€6,225 | +22.3% |
| Trade receivables | 40 | €0 | €9,753 | +€9,753 | |
| Other amounts receivable | 41 | €27,866 | €24,338 | -€3,528 | -12.7% |
| Cash at bank and in hand | 54/58 | €129,785 | €146,167 | +€16,382 | +12.6% |
| Deferred charges and accrued income | 490/1 | €111 | €282 | +€171 | +153.8% |
| Total equity and liabilities | 10/49 | €234,272 | €264,710 | +€30,438 | +13.0% |
| Equity | 10/15 | €166,323 | €143,499 | -€22,824 | -13.7% |
| Contributions | 10/11 | €25,135 | €25,135 | = | 0.0% |
| Reserves | 13 | €117,000 | €95,000 | -€22,000 | -18.8% |
| Distributable reserves | 133 | €117,000 | €95,000 | -€22,000 | -18.8% |
| Profit (loss) carried forward | 14 | €24,188 | €23,365 | -€824 | -3.4% |
| Amounts payable | 17/49 | €67,949 | €121,211 | +€53,262 | +78.4% |
| Amounts payable within one year | 42/48 | €67,544 | €121,211 | +€53,667 | +79.5% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €20,114 | €38,047 | +€17,934 | +89.2% |
| Suppliers | 440/4 | €20,114 | €38,047 | +€17,934 | +89.2% |
| Taxes, remuneration and social security | 45 | €16,725 | €13,382 | -€3,343 | -20.0% |
| Taxes | 450/3 | €2,508 | €2,751 | +€243 | +9.7% |
| Remuneration and social security | 454/9 | €14,217 | €10,630 | -€3,586 | -25.2% |
| Other amounts payable | 47/48 | €25,706 | €64,782 | +€39,076 | +152.0% |
| Accrued charges and deferred income | 492/3 | €404 | - | -€404 | |
| Non-recurring operating income | 76A | - | €4,594 | +€4,594 | |
| Remuneration, social security and pensions | 62 | €91,068 | €92,458 | +€1,390 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €999 | €972 | -€27 | -2.7% |
| Other operating charges | 640/8 | €1,019 | €857 | -€163 | -16.0% |
| Gross operating margin | 9900 | €100,907 | €116,686 | +€15,779 | +15.6% |
| Operating profit (loss) | 9901 | €7,820 | €22,399 | +€14,579 | +186.4% |
| Financial income | 75/76B | €412 | €657 | +€245 | +59.5% |
| Recurring financial income | 75 | €412 | €657 | +€245 | +59.5% |
| Financial charges | 65/66B | €1,389 | €1,654 | +€265 | +19.1% |
| Recurring financial charges | 65 | €1,389 | €1,654 | +€265 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €6,844 | €21,403 | +€14,559 | +212.7% |
| Income taxes | 67/77 | €2,096 | €4,226 | +€2,131 | +101.7% |
| Profit (loss) for the period | 9904 | €4,748 | €17,176 | +€12,428 | +261.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,748 | €17,176 | +€12,428 | +261.8% |
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 28 September 2026 via checked.be.