RDD CONCEPT: what changed
Two financial 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.
RDD CONCEPT
Largest movements
- Receivables within one year -€7,875
down €7,875 (-6.2%), from €126,451 to €118,576
of which Trade receivables: -€8,561
- Cash +€7,466
up €7,466 (+50.7%), from €14,715 to €22,181
mainly Receivables within one year (+€7,875) and Net result for the year (+€6,240)
- Tangible fixed assets -€1,595
down €1,595 (-32.6%), from €4,895 to €3,301
- Trade debts -€7,862
down €7,862 (-7.7%), from €101,935 to €94,074
- Profit (loss) carried forward +€6,240
up €6,240 (+18.5%), from €33,818 to €40,058
- Gross operating margin -€13,886
down €13,886 (-55.7%), from €24,911 to €11,025
- Taxes -€2,792
down €2,792 (-64.4%), from €4,333 to €1,541
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 | €146,291 | €144,133 | -€2,158 | -1.5% |
| Fixed assets | 21/28 | €4,895 | €3,301 | -€1,595 | -32.6% |
| Tangible fixed assets | 22/27 | €4,895 | €3,301 | -€1,595 | -32.6% |
| Furniture and vehicles | 24 | €4,895 | €3,301 | -€1,595 | -32.6% |
| Current assets | 29/58 | €141,396 | €140,832 | -€563 | -0.4% |
| Stocks and contracts in progress | 3 | €15 | €15 | = | 0.0% |
| Stocks | 30/36 | €15 | €15 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €126,451 | €118,576 | -€7,875 | -6.2% |
| Trade receivables | 40 | €125,021 | €116,460 | -€8,561 | -6.8% |
| Other amounts receivable | 41 | €1,430 | €2,116 | +€686 | +48.0% |
| Cash at bank and in hand | 54/58 | €14,715 | €22,181 | +€7,466 | +50.7% |
| Deferred charges and accrued income | 490/1 | €214 | €60 | -€154 | -71.8% |
| Total equity and liabilities | 10/49 | €146,291 | €144,133 | -€2,158 | -1.5% |
| Equity | 10/15 | €36,818 | €43,058 | +€6,240 | +16.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,818 | €40,058 | +€6,240 | +18.5% |
| Amounts payable | 17/49 | €109,473 | €101,075 | -€8,398 | -7.7% |
| Amounts payable within one year | 42/48 | €109,473 | €101,075 | -€8,398 | -7.7% |
| Trade debts | 44 | €101,935 | €94,074 | -€7,862 | -7.7% |
| Suppliers | 440/4 | €101,935 | €94,074 | -€7,862 | -7.7% |
| Taxes, remuneration and social security | 45 | €7,538 | €6,556 | -€982 | -13.0% |
| Taxes | 450/3 | €6,338 | €1,556 | -€4,782 | -75.4% |
| Remuneration and social security | 454/9 | €1,200 | €5,000 | +€3,800 | +316.7% |
| Other amounts payable | 47/48 | - | €445 | +€445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,569 | €1,595 | +€26 | +1.7% |
| Other operating charges | 640/8 | €1,681 | €1,650 | -€31 | -1.9% |
| Gross operating margin | 9900 | €24,911 | €11,025 | -€13,886 | -55.7% |
| Operating profit (loss) | 9901 | €21,661 | €7,781 | -€13,881 | -64.1% |
| Financial charges | 65/66B | -€5 | - | +€5 | |
| Recurring financial charges | 65 | -€5 | - | +€5 | |
| Profit (loss) for the period before taxes | 9903 | €21,666 | €7,781 | -€13,885 | -64.1% |
| Income taxes | 67/77 | €4,333 | €1,541 | -€2,792 | -64.4% |
| Profit (loss) for the period | 9904 | €17,333 | €6,240 | -€11,093 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,333 | €6,240 | -€11,093 | -64.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.