RDCS: 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.
RDCS
Largest movements
- Cash +€15,706
up €15,706 (+9.0%), from €174,000 to €189,706
mainly Net result for the year (+€19,778) and Depreciation (+€11,656)
- Tangible fixed assets -€7,932
down €7,932 (-5.9%), from €135,558 to €127,625
of which Furniture and vehicles: -€6,511
- Reserves +€19,770
up €19,770 (+12.7%), from €155,130 to €174,900
of which Distributable reserves: +€19,770
- Other debts -€11,525
down €11,525 (-23.2%), from €49,713 to €38,189
- Debts after one year -€4,735
down €4,735 (-6.8%), from €69,588 to €64,853
- Trade debts -€4,306
down €4,306 (-39.6%), from €10,874 to €6,568
- Gross operating margin +€16,245
up €16,245 (+65.0%), from €24,989 to €41,234
- Taxes +€8,515
up €8,515 (+442.5%), from €1,924 to €10,439
- Depreciation -€6,013
down €6,013 (-34.0%), from €17,669 to €11,656
- Financial income +€1,103
up €1,103 (+37.4%), from €2,946 to €4,049
of which Non-recurring financial income: +€3,728
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,082 | €333,635 | +€2,554 | +0.8% |
| Fixed assets | 21/28 | €135,558 | €127,625 | -€7,932 | -5.9% |
| Tangible fixed assets | 22/27 | €135,558 | €127,625 | -€7,932 | -5.9% |
| Land and buildings | 22 | €117,750 | €112,921 | -€4,830 | -4.1% |
| Plant, machinery and equipment | 23 | €636 | €4,045 | +€3,408 | +535.5% |
| Furniture and vehicles | 24 | €17,171 | €10,660 | -€6,511 | -37.9% |
| Current assets | 29/58 | €195,524 | €206,010 | +€10,486 | +5.4% |
| Stocks and contracts in progress | 3 | €4,580 | €1,337 | -€3,244 | -70.8% |
| Stocks | 30/36 | €4,580 | €1,337 | -€3,244 | -70.8% |
| Amounts receivable within one year | 40/41 | €15,657 | €14,968 | -€690 | -4.4% |
| Trade receivables | 40 | €8,867 | €9,174 | +€307 | +3.5% |
| Other amounts receivable | 41 | €6,790 | €5,794 | -€996 | -14.7% |
| Cash at bank and in hand | 54/58 | €174,000 | €189,706 | +€15,706 | +9.0% |
| Deferred charges and accrued income | 490/1 | €1,287 | - | -€1,287 | |
| Total equity and liabilities | 10/49 | €331,082 | €333,635 | +€2,554 | +0.8% |
| Equity | 10/15 | €187,931 | €207,709 | +€19,778 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,130 | €174,900 | +€19,770 | +12.7% |
| 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 | €153,270 | €173,040 | +€19,770 | +12.9% |
| Profit (loss) carried forward | 14 | €26,601 | €26,609 | +€8 | 0.0% |
| Amounts payable | 17/49 | €143,150 | €125,926 | -€17,225 | -12.0% |
| Amounts payable after more than one year | 17 | €69,588 | €64,853 | -€4,735 | -6.8% |
| Financial debts | 170/4 | €69,588 | €64,853 | -€4,735 | -6.8% |
| Amounts payable within one year | 42/48 | €73,563 | €61,073 | -€12,490 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €4,643 | €4,735 | +€92 | +2.0% |
| Trade debts | 44 | €10,874 | €6,568 | -€4,306 | -39.6% |
| Suppliers | 440/4 | €10,874 | €6,568 | -€4,306 | -39.6% |
| Taxes, remuneration and social security | 45 | €8,332 | €11,581 | +€3,249 | +39.0% |
| Taxes | 450/3 | €8,332 | €11,581 | +€3,249 | +39.0% |
| Other amounts payable | 47/48 | €49,713 | €38,189 | -€11,525 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,669 | €11,656 | -€6,013 | -34.0% |
| Other operating charges | 640/8 | €1,911 | €1,828 | -€83 | -4.4% |
| Gross operating margin | 9900 | €24,989 | €41,234 | +€16,245 | +65.0% |
| Operating profit (loss) | 9901 | €5,409 | €27,750 | +€22,341 | +413.1% |
| Financial income | 75/76B | €2,946 | €4,049 | +€1,103 | +37.4% |
| Recurring financial income | 75 | €2,946 | €320 | -€2,626 | -89.1% |
| Non-recurring financial income | 76B | - | €3,728 | +€3,728 | |
| Financial charges | 65/66B | €1,730 | €1,582 | -€148 | -8.6% |
| Recurring financial charges | 65 | €1,730 | €1,582 | -€148 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €6,624 | €30,217 | +€23,593 | +356.1% |
| Income taxes | 67/77 | €1,924 | €10,439 | +€8,515 | +442.5% |
| Profit (loss) for the period | 9904 | €4,700 | €19,778 | +€15,078 | +320.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,700 | €19,778 | +€15,078 | +320.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.