RDP: 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.
RDP
Largest movements
- Cash +€27,918
up €27,918 (+86.4%), from €32,313 to €60,232
mainly Receivables within one year (+€23,405) and Depreciation (+€21,697)
- Receivables within one year -€23,405
down €23,405 (-7.7%), from €302,053 to €278,648
of which Trade receivables: -€27,771
- Stocks and contracts +€13,265
up €13,265 (+31.8%), from €41,691 to €54,956
- Financial fixed assets +€10,320
new in 2024: €10,320
- Deferred charges and accrued income -€7,188
down €7,188 (-88.7%), from €8,104 to €916
- Tax, wage and social debts +€21,561
up €21,561 (+18.5%), from €116,605 to €138,166
of which Taxes: +€24,566
- Debts after one year -€18,832
down €18,832 (-36.8%), from €51,112 to €32,280
- Reserves +€13,963
up €13,963 (+16.0%), from €87,381 to €101,345
- Depreciation -€16,701
down €16,701 (-43.5%), from €38,398 to €21,697
- Gross operating margin -€10,057
down €10,057 (-5.2%), from €193,589 to €183,532
- Staff costs +€5,596
up €5,596 (+4.2%), from €132,766 to €138,362
- Taxes +€2,368
up €2,368 (+58.4%), from €4,055 to €6,423
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,171 | €451,078 | +€14,907 | +3.4% |
| Fixed assets | 21/28 | €52,010 | €56,326 | +€4,316 | +8.3% |
| Tangible fixed assets | 22/27 | €52,010 | €46,006 | -€6,004 | -11.5% |
| Plant, machinery and equipment | 23 | €12,480 | €18,448 | +€5,968 | +47.8% |
| Leasing and similar rights | 25 | €39,530 | €27,558 | -€11,972 | -30.3% |
| Financial fixed assets | 28 | - | €10,320 | +€10,320 | |
| Current assets | 29/58 | €384,161 | €394,752 | +€10,591 | +2.8% |
| Stocks and contracts in progress | 3 | €41,691 | €54,956 | +€13,265 | +31.8% |
| Stocks | 30/36 | €41,691 | €54,956 | +€13,265 | +31.8% |
| Amounts receivable within one year | 40/41 | €302,053 | €278,648 | -€23,405 | -7.7% |
| Trade receivables | 40 | €145,234 | €117,462 | -€27,771 | -19.1% |
| Other amounts receivable | 41 | €156,819 | €161,186 | +€4,366 | +2.8% |
| Cash at bank and in hand | 54/58 | €32,313 | €60,232 | +€27,918 | +86.4% |
| Deferred charges and accrued income | 490/1 | €8,104 | €916 | -€7,188 | -88.7% |
| Total equity and liabilities | 10/49 | €436,171 | €451,078 | +€14,907 | +3.4% |
| Equity | 10/15 | €112,381 | €126,345 | +€13,963 | +12.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €87,381 | €101,345 | +€13,963 | +16.0% |
| Distributable reserves | 133 | €87,381 | €101,345 | +€13,963 | +16.0% |
| Amounts payable | 17/49 | €323,789 | €324,733 | +€944 | +0.3% |
| Amounts payable after more than one year | 17 | €51,112 | €32,280 | -€18,832 | -36.8% |
| Financial debts | 170/4 | €51,112 | €32,280 | -€18,832 | -36.8% |
| Amounts payable within one year | 42/48 | €272,677 | €291,986 | +€19,309 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €21,570 | €18,832 | -€2,738 | -12.7% |
| Trade debts | 44 | €134,308 | €134,988 | +€679 | +0.5% |
| Suppliers | 440/4 | €134,308 | €134,988 | +€679 | +0.5% |
| Taxes, remuneration and social security | 45 | €116,605 | €138,166 | +€21,561 | +18.5% |
| Taxes | 450/3 | €91,492 | €116,058 | +€24,566 | +26.9% |
| Remuneration and social security | 454/9 | €25,113 | €22,108 | -€3,005 | -12.0% |
| Other amounts payable | 47/48 | €194 | - | -€194 | |
| Accrued charges and deferred income | 492/3 | - | €467 | +€467 | |
| Remuneration, social security and pensions | 62 | €132,766 | €138,362 | +€5,596 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,398 | €21,697 | -€16,701 | -43.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €648 | €873 | +€224 | +34.6% |
| Other operating charges | 640/8 | €617 | €2,185 | +€1,568 | +254% |
| Gross operating margin | 9900 | €193,589 | €183,532 | -€10,057 | -5.2% |
| Operating profit (loss) | 9901 | €21,160 | €20,416 | -€744 | -3.5% |
| Financial income | 75/76B | €1,088 | €2,510 | +€1,422 | +131% |
| Recurring financial income | 75 | €1,088 | €2,510 | +€1,422 | +131% |
| Financial charges | 65/66B | €3,766 | €2,539 | -€1,227 | -32.6% |
| Recurring financial charges | 65 | €3,766 | €2,539 | -€1,227 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €18,482 | €20,386 | +€1,905 | +10.3% |
| Income taxes | 67/77 | €4,055 | €6,423 | +€2,368 | +58.4% |
| Profit (loss) for the period | 9904 | €14,427 | €13,963 | -€464 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,427 | €13,963 | -€464 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.