RDSYSTEMES: 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.
RDSYSTEMES
Largest movements
- Receivables within one year +€67,503
up €67,503 (+229.8%), from €29,380 to €96,883
of which Trade receivables: +€65,252
- Cash -€25,643
down €25,643 (-71.5%), from €35,874 to €10,231
mainly Receivables within one year (-€67,503) and Contributions, distributions and other (-€15,000)
- Tangible fixed assets -€8,586
down €8,586 (-51.1%), from €16,805 to €8,219
of which Furniture and vehicles: -€8,377
- Deferred charges and accrued income -€2,293
down €2,293 (-31.3%), from €7,336 to €5,042
- Other debts +€14,475
up €14,475 (+314.0%), from €4,609 to €19,084
- Reserves +€13,000
up €13,000 (+29.5%), from €44,000 to €57,000
- Tax, wage and social debts +€9,928
up €9,928 (+164.0%), from €6,054 to €15,982
of which Taxes: +€7,597
- Current portion of long-term debt -€9,383
no longer reported in 2025 (was €9,383)
- Trade debts +€2,788
up €2,788 (+15.9%), from €17,539 to €20,328
- Gross operating margin +€31,767
up €31,767 (+52.1%), from €60,942 to €92,710
- Staff costs +€27,457
up €27,457 (+191.4%), from €14,347 to €41,803
- Depreciation -€3,084
down €3,084 (-26.4%), from €11,670 to €8,586
- Taxes +€2,372
up €2,372 (+25.7%), from €9,220 to €11,591
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 | €89,441 | €120,937 | +€31,496 | +35.2% |
| Fixed assets | 21/28 | €16,805 | €8,219 | -€8,586 | -51.1% |
| Tangible fixed assets | 22/27 | €16,805 | €8,219 | -€8,586 | -51.1% |
| Plant, machinery and equipment | 23 | €209 | - | -€209 | |
| Furniture and vehicles | 24 | €16,596 | €8,219 | -€8,377 | -50.5% |
| Current assets | 29/58 | €72,636 | €112,718 | +€40,082 | +55.2% |
| Stocks and contracts in progress | 3 | €47 | €562 | +€516 | +1107.4% |
| Stocks | 30/36 | €47 | €562 | +€516 | +1107.4% |
| Amounts receivable within one year | 40/41 | €29,380 | €96,883 | +€67,503 | +229.8% |
| Trade receivables | 40 | €22,122 | €87,374 | +€65,252 | +295.0% |
| Other amounts receivable | 41 | €7,258 | €9,509 | +€2,251 | +31.0% |
| Cash at bank and in hand | 54/58 | €35,874 | €10,231 | -€25,643 | -71.5% |
| Deferred charges and accrued income | 490/1 | €7,336 | €5,042 | -€2,293 | -31.3% |
| Total equity and liabilities | 10/49 | €89,441 | €120,937 | +€31,496 | +35.2% |
| Equity | 10/15 | €51,481 | €65,197 | +€13,716 | +26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,000 | €57,000 | +€13,000 | +29.5% |
| Distributable reserves | 133 | €44,000 | €57,000 | +€13,000 | +29.5% |
| Profit (loss) carried forward | 14 | €1,281 | €1,997 | +€716 | +55.9% |
| Amounts payable | 17/49 | €37,960 | €55,741 | +€17,781 | +46.8% |
| Amounts payable within one year | 42/48 | €37,586 | €55,394 | +€17,808 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €9,383 | - | -€9,383 | |
| Trade debts | 44 | €17,539 | €20,328 | +€2,788 | +15.9% |
| Suppliers | 440/4 | €17,539 | €20,328 | +€2,788 | +15.9% |
| Taxes, remuneration and social security | 45 | €6,054 | €15,982 | +€9,928 | +164.0% |
| Taxes | 450/3 | €2,970 | €10,566 | +€7,597 | +255.8% |
| Remuneration and social security | 454/9 | €3,085 | €5,416 | +€2,331 | +75.6% |
| Other amounts payable | 47/48 | €4,609 | €19,084 | +€14,475 | +314.0% |
| Accrued charges and deferred income | 492/3 | €374 | €347 | -€27 | -7.2% |
| Remuneration, social security and pensions | 62 | €14,347 | €41,803 | +€27,457 | +191.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,670 | €8,586 | -€3,084 | -26.4% |
| Other operating charges | 640/8 | €802 | €795 | -€6 | -0.8% |
| Gross operating margin | 9900 | €60,942 | €92,710 | +€31,767 | +52.1% |
| Operating profit (loss) | 9901 | €34,124 | €41,525 | +€7,401 | +21.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -90.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -90.3% |
| Financial charges | 65/66B | €938 | €1,218 | +€280 | +29.9% |
| Recurring financial charges | 65 | €938 | €1,218 | +€280 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €33,186 | €40,307 | +€7,120 | +21.5% |
| Income taxes | 67/77 | €9,220 | €11,591 | +€2,372 | +25.7% |
| Profit (loss) for the period | 9904 | €23,967 | €28,716 | +€4,749 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,967 | €28,716 | +€4,749 | +19.8% |
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 5 October 2026 via checked.be.