RDK METALS: what changed
Two fiscal 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.
RDK METALS
Largest movements
- Tangible fixed assets -€71,374
down €71,374 (-19.4%), from €367,974 to €296,600
- Cash +€45,125
up €45,125 (+38.6%), from €116,819 to €161,944
mainly Depreciation (+€72,408) and Net result for the year (+€34,101)
- Receivables within one year -€27,364
down €27,364 (-26.3%), from €104,090 to €76,725
of which Trade receivables: -€24,707
- Stocks and contracts +€26,263
up €26,263 (+161.5%), from €16,263 to €42,525
- Trade debts -€38,153
down €38,153 (-35.1%), from €108,743 to €70,589
- Reserves +€34,100
up €34,100 (+284.2%), from €12,000 to €46,100
- Debts after one year -€32,338
down €32,338 (-17.1%), from €189,404 to €157,066
- Gross operating margin -€10,028
down €10,028 (-6.7%), from €148,773 to €138,745
- Financial charges -€8,946
down €8,946 (-28.9%), from €30,978 to €22,032
- Taxes +€5,331
up €5,331 (+418.8%), from €1,273 to €6,604
- Depreciation +€2,871
up €2,871 (+4.1%), from €69,537 to €72,408
- Other operating charges -€2,330
down €2,330 (-39.2%), from €5,951 to €3,620
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 | €614,720 | €586,585 | -€28,135 | -4.6% |
| Fixed assets | 21/28 | €369,334 | €297,960 | -€71,374 | -19.3% |
| Tangible fixed assets | 22/27 | €367,974 | €296,600 | -€71,374 | -19.4% |
| Land and buildings | 22 | €12,487 | €11,241 | -€1,246 | -10.0% |
| Plant, machinery and equipment | 23 | €59,891 | €39,540 | -€20,351 | -34.0% |
| Furniture and vehicles | 24 | €72,276 | €53,791 | -€18,485 | -25.6% |
| Leasing and similar rights | 25 | €223,320 | €192,028 | -€31,292 | -14.0% |
| Financial fixed assets | 28 | €1,360 | €1,360 | = | 0.0% |
| Current assets | 29/58 | €245,386 | €288,625 | +€43,239 | +17.6% |
| Stocks and contracts in progress | 3 | €16,263 | €42,525 | +€26,263 | +161.5% |
| Stocks | 30/36 | €16,263 | €42,525 | +€26,263 | +161.5% |
| Amounts receivable within one year | 40/41 | €104,090 | €76,725 | -€27,364 | -26.3% |
| Trade receivables | 40 | €82,499 | €57,792 | -€24,707 | -29.9% |
| Other amounts receivable | 41 | €21,590 | €18,933 | -€2,657 | -12.3% |
| Cash at bank and in hand | 54/58 | €116,819 | €161,944 | +€45,125 | +38.6% |
| Deferred charges and accrued income | 490/1 | €8,215 | €7,430 | -€784 | -9.5% |
| Total equity and liabilities | 10/49 | €614,720 | €586,585 | -€28,135 | -4.6% |
| Equity | 10/15 | €33,224 | €67,326 | +€34,101 | +102.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €46,100 | +€34,100 | +284.2% |
| Distributable reserves | 133 | €12,000 | €46,100 | +€34,100 | +284.2% |
| Profit (loss) carried forward | 14 | €1,224 | €1,226 | +€1 | +0.1% |
| Amounts payable | 17/49 | €581,496 | €519,259 | -€62,236 | -10.7% |
| Amounts payable after more than one year | 17 | €189,404 | €157,066 | -€32,338 | -17.1% |
| Financial debts | 170/4 | €189,404 | €157,066 | -€32,338 | -17.1% |
| Amounts payable within one year | 42/48 | €392,091 | €362,193 | -€29,898 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €280,619 | €282,338 | +€1,719 | +0.6% |
| Trade debts | 44 | €108,743 | €70,589 | -€38,153 | -35.1% |
| Suppliers | 440/4 | €108,743 | €70,589 | -€38,153 | -35.1% |
| Taxes, remuneration and social security | 45 | €1,523 | €6,735 | +€5,212 | +342.2% |
| Taxes | 450/3 | €1,523 | €6,735 | +€5,212 | +342.2% |
| Other amounts payable | 47/48 | €1,206 | €2,531 | +€1,325 | +109.8% |
| Non-recurring operating income | 76A | - | €793 | +€793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,537 | €72,408 | +€2,871 | +4.1% |
| Other operating charges | 640/8 | €5,951 | €3,620 | -€2,330 | -39.2% |
| Gross operating margin | 9900 | €148,773 | €138,745 | -€10,028 | -6.7% |
| Operating profit (loss) | 9901 | €73,286 | €62,717 | -€10,569 | -14.4% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €30,978 | €22,032 | -€8,946 | -28.9% |
| Recurring financial charges | 65 | €30,978 | €22,032 | -€8,946 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €42,308 | €40,705 | -€1,602 | -3.8% |
| Income taxes | 67/77 | €1,273 | €6,604 | +€5,331 | +418.8% |
| Profit (loss) for the period | 9904 | €41,035 | €34,101 | -€6,933 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,035 | €34,101 | -€6,933 | -16.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.