RDL CONSULT: 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.
RDL CONSULT
Largest movements
- Cash -€20,980
down €20,980 (-14.8%), from €142,229 to €121,249
mainly Net result for the year (-€22,846) and Current investments (-€8,677)
- Current investments +€8,677
new in 2025: €8,677
- Tangible fixed assets -€8,360
down €8,360 (-26.1%), from €32,051 to €23,691
of which Land and buildings: -€11,032
- Receivables within one year -€1,837
down €1,837 (-93.2%), from €1,972 to €135
of which Trade receivables: -€1,972
- Profit (loss) carried forward -€22,846
down €22,846 (-27.5%), from €83,045 to €60,199
- Trade debts +€2,230
new in 2025: €2,230
- Gross operating margin -€6,399
down €6,399 (-942.4%), from -€679 to -€7,078
- Financial charges +€1,805
up €1,805 (+3923.9%), from €46 to €1,851
- Financial income +€563
up €563 (+6255.6%), from €9 to €572
- Other operating charges -€171
down €171 (-7.8%), from €2,181 to €2,010
- Depreciation +€150
up €150 (+1.2%), from €12,210 to €12,360
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 | €177,021 | €154,442 | -€22,579 | -12.8% |
| Fixed assets | 21/28 | €32,051 | €23,691 | -€8,360 | -26.1% |
| Tangible fixed assets | 22/27 | €32,051 | €23,691 | -€8,360 | -26.1% |
| Land and buildings | 22 | €30,343 | €19,311 | -€11,032 | -36.4% |
| Plant, machinery and equipment | 23 | €1,438 | €701 | -€737 | -51.3% |
| Furniture and vehicles | 24 | €270 | €3,679 | +€3,409 | +1262.6% |
| Current assets | 29/58 | €144,970 | €130,751 | -€14,219 | -9.8% |
| Amounts receivable within one year | 40/41 | €1,972 | €135 | -€1,837 | -93.2% |
| Trade receivables | 40 | €1,972 | - | -€1,972 | |
| Other amounts receivable | 41 | - | €135 | +€135 | |
| Current investments | 50/53 | - | €8,677 | +€8,677 | |
| Cash at bank and in hand | 54/58 | €142,229 | €121,249 | -€20,980 | -14.8% |
| Deferred charges and accrued income | 490/1 | €769 | €690 | -€79 | -10.3% |
| Total equity and liabilities | 10/49 | €177,021 | €154,442 | -€22,579 | -12.8% |
| Equity | 10/15 | €172,805 | €149,959 | -€22,846 | -13.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €49,760 | €49,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,860 | €4,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,860 | €4,860 | = | 0.0% |
| Distributable reserves | 133 | €44,900 | €44,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,045 | €60,199 | -€22,846 | -27.5% |
| Amounts payable | 17/49 | €4,216 | €4,483 | +€267 | +6.3% |
| Amounts payable within one year | 42/48 | €3,302 | €4,483 | +€1,181 | +35.8% |
| Trade debts | 44 | - | €2,230 | +€2,230 | |
| Suppliers | 440/4 | - | €2,230 | +€2,230 | |
| Taxes, remuneration and social security | 45 | €290 | - | -€290 | |
| Taxes | 450/3 | €290 | - | -€290 | |
| Other amounts payable | 47/48 | €3,012 | €2,253 | -€759 | -25.2% |
| Accrued charges and deferred income | 492/3 | €914 | - | -€914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,210 | €12,360 | +€150 | +1.2% |
| Other operating charges | 640/8 | €2,181 | €2,010 | -€171 | -7.8% |
| Gross operating margin | 9900 | -€679 | -€7,078 | -€6,399 | -942.4% |
| Operating profit (loss) | 9901 | -€15,070 | -€21,448 | -€6,378 | -42.3% |
| Financial income | 75/76B | €9 | €572 | +€563 | +6255.6% |
| Recurring financial income | 75 | €9 | €572 | +€563 | +6255.6% |
| Financial charges | 65/66B | €46 | €1,851 | +€1,805 | +3923.9% |
| Recurring financial charges | 65 | €46 | €1,851 | +€1,805 | +3923.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,107 | -€22,727 | -€7,620 | -50.4% |
| Income taxes | 67/77 | €224 | €119 | -€105 | -46.9% |
| Profit (loss) for the period | 9904 | -€15,331 | -€22,846 | -€7,515 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,331 | -€22,846 | -€7,515 | -49.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.