RDG MANAGEMENT: 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.
RDG MANAGEMENT
Largest movements
- Cash +€44,983
up €44,983 (+98.0%), from €45,897 to €90,880
mainly Other debts (+€58,973) and Net result for the year (+€50,493)
- Stocks and contracts +€9,320
new in 2025: €9,320
- Receivables within one year +€8,655
up €8,655 (+73.7%), from €11,738 to €20,393
of which Trade receivables: +€7,600
- Tangible fixed assets +€7,539
up €7,539 (+949%), from €795 to €8,334
of which Plant, machinery and equipment: +€7,164
- Other debts +€58,973
up €58,973 (+7,727%), from €763 to €59,736
- Tax, wage and social debts +€24,778
up €24,778 (+430%), from €5,759 to €30,537
of which Taxes: +€16,373
- Profit (loss) carried forward -€14,507
down €14,507 (-31.6%), from €45,947 to €31,439
- Trade debts +€1,954
up €1,954 (+120%), from €1,633 to €3,587
- Gross operating margin +€95,078
up €95,078 (+381%), from €24,931 to €120,009
- Staff costs +€51,885
new in 2025: €51,885
- Taxes +€8,465
up €8,465 (+177%), from €4,769 to €13,234
- Depreciation +€1,471
up €1,471 (+1,481%), from €99 to €1,570
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 | €58,602 | €129,800 | +€71,198 | +121% |
| Fixed assets | 21/28 | €795 | €8,334 | +€7,539 | +949% |
| Tangible fixed assets | 22/27 | €795 | €8,334 | +€7,539 | +949% |
| Plant, machinery and equipment | 23 | - | €7,164 | +€7,164 | |
| Furniture and vehicles | 24 | €795 | €1,170 | +€375 | +47.2% |
| Current assets | 29/58 | €57,807 | €121,466 | +€63,658 | +110% |
| Stocks and contracts in progress | 3 | - | €9,320 | +€9,320 | |
| Stocks | 30/36 | - | €9,320 | +€9,320 | |
| Amounts receivable within one year | 40/41 | €11,738 | €20,393 | +€8,655 | +73.7% |
| Trade receivables | 40 | €10,319 | €17,919 | +€7,600 | +73.7% |
| Other amounts receivable | 41 | €1,419 | €2,474 | +€1,055 | +74.3% |
| Cash at bank and in hand | 54/58 | €45,897 | €90,880 | +€44,983 | +98.0% |
| Deferred charges and accrued income | 490/1 | €172 | €873 | +€700 | +407% |
| Total equity and liabilities | 10/49 | €58,602 | €129,800 | +€71,198 | +121% |
| Equity | 10/15 | €50,447 | €35,939 | -€14,507 | -28.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,947 | €31,439 | -€14,507 | -31.6% |
| Amounts payable | 17/49 | €8,155 | €93,860 | +€85,705 | +1,051% |
| Amounts payable within one year | 42/48 | €8,155 | €93,860 | +€85,705 | +1,051% |
| Trade debts | 44 | €1,633 | €3,587 | +€1,954 | +120% |
| Suppliers | 440/4 | €1,633 | €3,587 | +€1,954 | +120% |
| Taxes, remuneration and social security | 45 | €5,759 | €30,537 | +€24,778 | +430% |
| Taxes | 450/3 | €5,759 | €22,132 | +€16,373 | +284% |
| Remuneration and social security | 454/9 | €0 | €8,405 | +€8,405 | |
| Other amounts payable | 47/48 | €763 | €59,736 | +€58,973 | +7,727% |
| Remuneration, social security and pensions | 62 | - | €51,885 | +€51,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99 | €1,570 | +€1,471 | +1,481% |
| Other operating charges | 640/8 | €543 | €1,203 | +€660 | +122% |
| Gross operating margin | 9900 | €24,931 | €120,009 | +€95,078 | +381% |
| Operating profit (loss) | 9901 | €24,289 | €65,351 | +€41,062 | +169% |
| Financial income | 75/76B | €0 | €36 | +€36 | |
| Recurring financial income | 75 | €0 | €36 | +€36 | |
| Financial charges | 65/66B | €941 | €1,660 | +€719 | +76.4% |
| Recurring financial charges | 65 | €941 | €1,660 | +€719 | +76.4% |
| Profit (loss) for the period before taxes | 9903 | €23,348 | €63,727 | +€40,379 | +173% |
| Income taxes | 67/77 | €4,769 | €13,234 | +€8,465 | +177% |
| Profit (loss) for the period | 9904 | €18,579 | €50,493 | +€31,914 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €18,579 | €50,493 | +€31,914 | +172% |
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 15 October 2026 via checked.be.