RDPM: what changed
RDPM
Largest movements
- Cash -€206,029
down €206,029 (-43.4%), from €474,621 to €268,592
mainly Contributions, distributions and other (-€1.2m) and Trade debts (-€37,757)
- Receivables within one year -€70,907
down €70,907 (-18.6%), from €380,453 to €309,546
of which Trade receivables: -€90,328
- Tangible fixed assets -€19,948
down €19,948 (-99.3%), from €20,086 to €137
- Profit (loss) carried forward -€661,097
down €661,097 (-96.5%), from €685,306 to €24,210
- Other debts +€396,500
new in 2025: €396,500
- Trade debts -€37,757
down €37,757 (-56.5%), from €66,793 to €29,035
- Gross operating margin -€176,324
down €176,324 (-14.1%), from €1.2m to €1.1m
- Taxes -€49,473
down €49,473 (-21.7%), from €228,162 to €178,689
- Staff costs +€31,038
up €31,038 (+9.2%), from €337,454 to €368,492
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €877,804 | €580,549 | -€297,255 | -33.9% |
| Fixed assets | 21/28 | €20,228 | €280 | -€19,948 | -98.6% |
| Tangible fixed assets | 22/27 | €20,086 | €137 | -€19,948 | -99.3% |
| Furniture and vehicles | 24 | €20,086 | €137 | -€19,948 | -99.3% |
| Financial fixed assets | 28 | €143 | €143 | = | 0.0% |
| Current assets | 29/58 | €857,576 | €580,269 | -€277,306 | -32.3% |
| Amounts receivable within one year | 40/41 | €380,453 | €309,546 | -€70,907 | -18.6% |
| Trade receivables | 40 | €352,721 | €262,392 | -€90,328 | -25.6% |
| Other amounts receivable | 41 | €27,733 | €47,154 | +€19,421 | +70.0% |
| Cash at bank and in hand | 54/58 | €474,621 | €268,592 | -€206,029 | -43.4% |
| Deferred charges and accrued income | 490/1 | €2,501 | €2,132 | -€370 | -14.8% |
| Total equity and liabilities | 10/49 | €877,804 | €580,549 | -€297,255 | -33.9% |
| Equity | 10/15 | €689,306 | €28,210 | -€661,097 | -95.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €685,306 | €24,210 | -€661,097 | -96.5% |
| Amounts payable | 17/49 | €188,498 | €552,340 | +€363,842 | +193% |
| Amounts payable within one year | 42/48 | €188,498 | €545,165 | +€356,667 | +189% |
| Trade debts | 44 | €66,793 | €29,035 | -€37,757 | -56.5% |
| Suppliers | 440/4 | €66,793 | €29,035 | -€37,757 | -56.5% |
| Taxes, remuneration and social security | 45 | €121,705 | €119,630 | -€2,075 | -1.7% |
| Taxes | 450/3 | €82,556 | €74,797 | -€7,759 | -9.4% |
| Remuneration and social security | 454/9 | €39,149 | €44,833 | +€5,683 | +14.5% |
| Other amounts payable | 47/48 | - | €396,500 | +€396,500 | |
| Accrued charges and deferred income | 492/3 | €0 | €7,175 | +€7,175 | |
| Remuneration, social security and pensions | 62 | €337,454 | €368,492 | +€31,038 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,105 | €10,491 | -€1,614 | -13.3% |
| Other operating charges | 640/8 | €5,770 | €740 | -€5,030 | -87.2% |
| Gross operating margin | 9900 | €1,248,619 | €1,072,295 | -€176,324 | -14.1% |
| Operating profit (loss) | 9901 | €893,290 | €692,572 | -€200,718 | -22.5% |
| Financial income | 75/76B | €434 | €23 | -€412 | -94.7% |
| Recurring financial income | 75 | €434 | €23 | -€412 | -94.7% |
| Financial charges | 65/66B | €2,527 | €2,054 | -€473 | -18.7% |
| Recurring financial charges | 65 | €2,527 | €2,054 | -€473 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €891,197 | €690,540 | -€200,656 | -22.5% |
| Income taxes | 67/77 | €228,162 | €178,689 | -€49,473 | -21.7% |
| Profit (loss) for the period | 9904 | €663,034 | €511,851 | -€151,183 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €663,034 | €511,851 | -€151,183 | -22.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.