RDI: 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.
RDI
Largest movements
- Receivables within one year +€76,169
up €76,169 (+1,509%), from €5,048 to €81,217
of which Trade receivables: +€61,226
- Tangible fixed assets +€73,268
up €73,268 (+31.1%), from €235,637 to €308,905
of which Land and buildings: +€250,139
- Cash +€10,140
up €10,140 (+7.0%), from €144,253 to €154,393
mainly Net result for the year (+€125,764) and Trade debts (+€28,335)
- Profit (loss) carried forward +€125,764
up €125,764 (+13,972%), from €900 to €126,664
- Trade debts +€28,335
up €28,335 (+19,788%), from €143 to €28,478
- Current portion of long-term debt +€10,697
new in 2025: €10,697
- Gross operating margin +€82,212
up €82,212 (+56.2%), from €146,299 to €228,512
- Taxes +€32,126
up €32,126 (+137%), from €23,423 to €55,549
- Other operating charges -€12,151
down €12,151 (-86.2%), from €14,091 to €1,941
- Financial charges -€11,058
down €11,058 (-47.2%), from €23,409 to €12,351
of which Non-recurring financial charges: -€6,546
- Depreciation -€9,986
down €9,986 (-69.0%), from €14,463 to €4,477
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 | €385,140 | €547,062 | +€161,922 | +42.0% |
| Fixed assets | 21/28 | €235,637 | €308,905 | +€73,268 | +31.1% |
| Tangible fixed assets | 22/27 | €235,637 | €308,905 | +€73,268 | +31.1% |
| Land and buildings | 22 | €54,800 | €304,939 | +€250,139 | +456% |
| Furniture and vehicles | 24 | €3,405 | €3,966 | +€561 | +16.5% |
| Assets under construction and advance payments | 27 | €177,432 | - | -€177,432 | |
| Current assets | 29/58 | €149,503 | €238,157 | +€88,654 | +59.3% |
| Amounts receivable within one year | 40/41 | €5,048 | €81,217 | +€76,169 | +1,509% |
| Trade receivables | 40 | - | €61,226 | +€61,226 | |
| Other amounts receivable | 41 | €5,048 | €19,991 | +€14,943 | +296% |
| Cash at bank and in hand | 54/58 | €144,253 | €154,393 | +€10,140 | +7.0% |
| Deferred charges and accrued income | 490/1 | €202 | €2,547 | +€2,345 | +1,162% |
| Total equity and liabilities | 10/49 | €385,140 | €547,062 | +€161,922 | +42.0% |
| Equity | 10/15 | €190,621 | €316,386 | +€125,764 | +66.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €164,721 | €164,721 | = | 0.0% |
| Distributable reserves | 133 | €164,721 | €164,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | €900 | €126,664 | +€125,764 | +13,972% |
| Amounts payable | 17/49 | €194,519 | €230,677 | +€36,158 | +18.6% |
| Amounts payable after more than one year | 17 | €169,428 | €166,112 | -€3,316 | -2.0% |
| Financial debts | 170/4 | €169,428 | €166,112 | -€3,316 | -2.0% |
| Amounts payable within one year | 42/48 | €25,091 | €63,508 | +€38,417 | +153% |
| Current portion of amounts payable after more than one year | 42 | - | €10,697 | +€10,697 | |
| Trade debts | 44 | €143 | €28,478 | +€28,335 | +19,788% |
| Suppliers | 440/4 | €143 | €28,478 | +€28,335 | +19,788% |
| Taxes, remuneration and social security | 45 | €24,826 | €24,332 | -€494 | -2.0% |
| Taxes | 450/3 | €18,367 | €20,584 | +€2,218 | +12.1% |
| Remuneration and social security | 454/9 | €6,459 | €3,748 | -€2,711 | -42.0% |
| Other amounts payable | 47/48 | €122 | - | -€122 | |
| Accrued charges and deferred income | 492/3 | - | €1,058 | +€1,058 | |
| Non-recurring operating income | 76A | €4,589 | - | -€4,589 | |
| Remuneration, social security and pensions | 62 | €22,769 | €28,704 | +€5,935 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,463 | €4,477 | -€9,986 | -69.0% |
| Other operating charges | 640/8 | €14,091 | €1,941 | -€12,151 | -86.2% |
| Non-recurring operating charges | 66A | €2,916 | - | -€2,916 | |
| Gross operating margin | 9900 | €146,299 | €228,512 | +€82,212 | +56.2% |
| Operating profit (loss) | 9901 | €92,060 | €193,390 | +€101,330 | +110% |
| Financial income | 75/76B | - | €274 | +€274 | |
| Recurring financial income | 75 | - | €274 | +€274 | |
| Financial charges | 65/66B | €23,409 | €12,351 | -€11,058 | -47.2% |
| Recurring financial charges | 65 | €16,863 | €12,351 | -€4,512 | -26.8% |
| Non-recurring financial charges | 66B | €6,546 | - | -€6,546 | |
| Profit (loss) for the period before taxes | 9903 | €68,651 | €181,313 | +€112,662 | +164% |
| Income taxes | 67/77 | €23,423 | €55,549 | +€32,126 | +137% |
| Profit (loss) for the period | 9904 | €45,229 | €125,764 | +€80,536 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €45,229 | €125,764 | +€80,536 | +178% |
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.