RDR ADVIES: what changed
RDR ADVIES
Largest movements
- Cash -€41,143
down €41,143 (-80.9%), from €50,887 to €9,744
mainly Current investments (-€40,000) and Tax, wage and social debts (-€11,204)
- Current investments +€40,000
new in 2025: €40,000
- Receivables within one year +€7,004
up €7,004 (+118%), from €5,937 to €12,941
of which Trade receivables: +€3,965
- Deferred charges and accrued income -€5,000
no longer reported in 2025 (was €5,000)
- Reserves +€16,861
up €16,861 (+41.4%), from €40,708 to €57,569
- Tax, wage and social debts -€11,204
down €11,204 (-91.8%), from €12,203 to €999
- Trade debts -€6,589
down €6,589 (-90.0%), from €7,324 to €735
- Other debts +€1,795
new in 2025: €1,795
- Gross operating margin -€8,572
down €8,572 (-25.7%), from €33,366 to €24,794
- Taxes -€2,313
down €2,313 (-24.3%), from €9,513 to €7,200
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 | €62,735 | €63,598 | +€863 | +1.4% |
| Fixed assets | 21/28 | €912 | €914 | +€2 | +0.2% |
| Tangible fixed assets | 22/27 | €912 | €914 | +€2 | +0.2% |
| Plant, machinery and equipment | 23 | €912 | €914 | +€2 | +0.2% |
| Current assets | 29/58 | €61,824 | €62,685 | +€861 | +1.4% |
| Amounts receivable within one year | 40/41 | €5,937 | €12,941 | +€7,004 | +118% |
| Trade receivables | 40 | €4,565 | €8,530 | +€3,965 | +86.9% |
| Other amounts receivable | 41 | €1,372 | €4,411 | +€3,039 | +222% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €50,887 | €9,744 | -€41,143 | -80.9% |
| Deferred charges and accrued income | 490/1 | €5,000 | - | -€5,000 | |
| Total equity and liabilities | 10/49 | €62,735 | €63,598 | +€863 | +1.4% |
| Equity | 10/15 | €43,208 | €60,069 | +€16,861 | +39.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,708 | €57,569 | +€16,861 | +41.4% |
| Distributable reserves | 133 | €40,708 | €57,569 | +€16,861 | +41.4% |
| Amounts payable | 17/49 | €19,527 | €3,529 | -€15,999 | -81.9% |
| Amounts payable within one year | 42/48 | €19,527 | €3,529 | -€15,999 | -81.9% |
| Trade debts | 44 | €7,324 | €735 | -€6,589 | -90.0% |
| Suppliers | 440/4 | €7,324 | €735 | -€6,589 | -90.0% |
| Taxes, remuneration and social security | 45 | €12,203 | €999 | -€11,204 | -91.8% |
| Taxes | 450/3 | €12,203 | €999 | -€11,204 | -91.8% |
| Other amounts payable | 47/48 | - | €1,795 | +€1,795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €281 | €423 | +€141 | +50.2% |
| Other operating charges | 640/8 | €185 | €335 | +€150 | +80.9% |
| Gross operating margin | 9900 | €33,366 | €24,794 | -€8,572 | -25.7% |
| Operating profit (loss) | 9901 | €32,900 | €24,036 | -€8,864 | -26.9% |
| Financial income | 75/76B | €71 | €170 | +€99 | +139% |
| Recurring financial income | 75 | €71 | €170 | +€99 | +139% |
| Financial charges | 65/66B | €45 | €144 | +€99 | +221% |
| Recurring financial charges | 65 | €45 | €144 | +€99 | +221% |
| Profit (loss) for the period before taxes | 9903 | €32,926 | €24,061 | -€8,864 | -26.9% |
| Income taxes | 67/77 | €9,513 | €7,200 | -€2,313 | -24.3% |
| Profit (loss) for the period | 9904 | €23,412 | €16,861 | -€6,551 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,412 | €16,861 | -€6,551 | -28.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.