RDH ENGINEERING: 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.
RDH ENGINEERING
Largest movements
- Financial fixed assets +€30,800
new in 2025: €30,800
- Cash +€15,276
up €15,276 (+217.9%), from €7,010 to €22,286
mainly Receivables within one year (+€14,683) and Net result for the year (+€14,645)
- Receivables within one year -€14,683
down €14,683 (-37.8%), from €38,883 to €24,200
of which Trade receivables: -€14,683
- Profit (loss) carried forward +€14,645
up €14,645 (+58.6%), from €24,992 to €39,636
- Other debts +€11,091
up €11,091 (+179.9%), from €6,167 to €17,258
- Tax, wage and social debts +€4,639
up €4,639 (+32.4%), from €14,298 to €18,938
- Trade debts +€1,268
up €1,268 (+4864.1%), from €26 to €1,294
- Gross operating margin -€12,796
down €12,796 (-35.2%), from €36,383 to €23,587
- Taxes -€2,026
down €2,026 (-27.9%), from €7,262 to €5,237
- Financial charges +€1,159
up €1,159 (+702.7%), from €165 to €1,323
- Other operating charges +€717
up €717 (+195.5%), from €367 to €1,084
- Depreciation +€530
up €530 (+68.3%), from €777 to €1,307
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 | €48,483 | €80,126 | +€31,643 | +65.3% |
| Fixed assets | 21/28 | €2,590 | €33,640 | +€31,050 | +1198.7% |
| Tangible fixed assets | 22/27 | €2,590 | €2,840 | +€250 | +9.6% |
| Furniture and vehicles | 24 | €2,590 | €2,840 | +€250 | +9.6% |
| Financial fixed assets | 28 | - | €30,800 | +€30,800 | |
| Current assets | 29/58 | €45,893 | €46,486 | +€593 | +1.3% |
| Amounts receivable within one year | 40/41 | €38,883 | €24,200 | -€14,683 | -37.8% |
| Trade receivables | 40 | €38,883 | €24,200 | -€14,683 | -37.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,010 | €22,286 | +€15,276 | +217.9% |
| Total equity and liabilities | 10/49 | €48,483 | €80,126 | +€31,643 | +65.3% |
| Equity | 10/15 | €27,992 | €42,636 | +€14,645 | +52.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,992 | €39,636 | +€14,645 | +58.6% |
| Amounts payable | 17/49 | €20,491 | €37,490 | +€16,998 | +83.0% |
| Amounts payable within one year | 42/48 | €20,491 | €37,490 | +€16,998 | +83.0% |
| Trade debts | 44 | €26 | €1,294 | +€1,268 | +4864.1% |
| Suppliers | 440/4 | €26 | €1,294 | +€1,268 | +4864.1% |
| Taxes, remuneration and social security | 45 | €14,298 | €18,938 | +€4,639 | +32.4% |
| Taxes | 450/3 | €14,298 | €18,938 | +€4,639 | +32.4% |
| Other amounts payable | 47/48 | €6,167 | €17,258 | +€11,091 | +179.9% |
| Remuneration, social security and pensions | 62 | €485 | €0 | -€485 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €777 | €1,307 | +€530 | +68.3% |
| Other operating charges | 640/8 | €367 | €1,084 | +€717 | +195.5% |
| Gross operating margin | 9900 | €36,383 | €23,587 | -€12,796 | -35.2% |
| Operating profit (loss) | 9901 | €34,755 | €21,196 | -€13,559 | -39.0% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €165 | €1,323 | +€1,159 | +702.7% |
| Recurring financial charges | 65 | €165 | €1,323 | +€1,159 | +702.7% |
| Profit (loss) for the period before taxes | 9903 | €34,590 | €19,881 | -€14,709 | -42.5% |
| Income taxes | 67/77 | €7,262 | €5,237 | -€2,026 | -27.9% |
| Profit (loss) for the period | 9904 | €27,328 | €14,645 | -€12,683 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,328 | €14,645 | -€12,683 | -46.4% |
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 11 October 2026 via checked.be.