Rdefine Innovation: 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.
Rdefine Innovation
Largest movements
- Cash -€71,840
down €71,840 (-76.9%), from €93,441 to €21,602
mainly Contributions, distributions and other (-€134,911) and Receivables within one year (-€28,399)
- Receivables within one year +€28,399
up €28,399 (+385%), from €7,369 to €35,767
of which Trade receivables: +€29,474
- Deferred charges and accrued income +€1,666
up €1,666 (+99.5%), from €1,675 to €3,340
- Profit (loss) carried forward -€85,562
no longer reported in 2025 (was €85,562)
- Other debts +€38,018
up €38,018, from €0 to €38,018
- Reserves +€15,577
new in 2025: €15,577
- Tax, wage and social debts -€10,508
no longer reported in 2025 (was €10,508)
of which Taxes: -€8,008
- Gross operating margin +€39,917
up €39,917 (+74.8%), from €53,350 to €93,267
- Taxes +€7,295
up €7,295 (+58.5%), from €12,460 to €19,755
- Financial charges +€1,628
up €1,628 (+106%), from €1,532 to €3,160
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.
Derived cash bridge
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 | €102,484 | €60,709 | -€41,775 | -40.8% |
| Current assets | 29/58 | €102,484 | €60,709 | -€41,775 | -40.8% |
| Amounts receivable within one year | 40/41 | €7,369 | €35,767 | +€28,399 | +385% |
| Trade receivables | 40 | €526 | €30,000 | +€29,474 | +5,600% |
| Other amounts receivable | 41 | €6,842 | €5,767 | -€1,075 | -15.7% |
| Cash at bank and in hand | 54/58 | €93,441 | €21,602 | -€71,840 | -76.9% |
| Deferred charges and accrued income | 490/1 | €1,675 | €3,340 | +€1,666 | +99.5% |
| Total equity and liabilities | 10/49 | €102,484 | €60,709 | -€41,775 | -40.8% |
| Equity | 10/15 | €90,562 | €20,577 | -€69,986 | -77.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €15,577 | +€15,577 | |
| Distributable reserves | 133 | - | €15,577 | +€15,577 | |
| Profit (loss) carried forward | 14 | €85,562 | - | -€85,562 | |
| Amounts payable | 17/49 | €11,922 | €40,132 | +€28,210 | +237% |
| Amounts payable within one year | 42/48 | €11,522 | €38,839 | +€27,317 | +237% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €1,014 | €799 | -€215 | -21.2% |
| Suppliers | 440/4 | €1,014 | €799 | -€215 | -21.2% |
| Taxes, remuneration and social security | 45 | €10,508 | - | -€10,508 | |
| Taxes | 450/3 | €8,008 | - | -€8,008 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €0 | €38,018 | +€38,018 | |
| Accrued charges and deferred income | 492/3 | €400 | €1,294 | +€894 | +223% |
| Other operating charges | 640/8 | €2,174 | €2,578 | +€404 | +18.6% |
| Non-recurring operating charges | 66A | - | €2,850 | +€2,850 | |
| Gross operating margin | 9900 | €53,350 | €93,267 | +€39,917 | +74.8% |
| Operating profit (loss) | 9901 | €51,176 | €87,839 | +€36,663 | +71.6% |
| Financial income | 75/76B | €184 | €2 | -€183 | -99.0% |
| Recurring financial income | 75 | €184 | €2 | -€183 | -99.0% |
| Financial charges | 65/66B | €1,532 | €3,160 | +€1,628 | +106% |
| Recurring financial charges | 65 | €1,532 | €3,160 | +€1,628 | +106% |
| Profit (loss) for the period before taxes | 9903 | €49,829 | €84,680 | +€34,851 | +69.9% |
| Income taxes | 67/77 | €12,460 | €19,755 | +€7,295 | +58.5% |
| Profit (loss) for the period | 9904 | €37,369 | €64,926 | +€27,556 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,369 | €64,926 | +€27,556 | +73.7% |
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 14 October 2026 via checked.be.