RDT Projects: 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.
RDT Projects
Largest movements
- Tangible fixed assets -€470,737
down €470,737 (-100%), from €470,737 to €0
of which Land and buildings: -€454,133
- Cash +€101,147
up €101,147 (+662%), from €15,286 to €116,433
mainly Investment in fixed assets (net) (+€470,737) and Net result for the year (+€147,667)
- Debts after one year -€296,353
down €296,353 (-100%), from €296,353 to €0
- Other debts -€232,487
down €232,487 (-99.1%), from €234,586 to €2,099
- Reserves +€80,344
new in 2025: €80,344
- Profit (loss) carried forward +€67,324
up €67,324, from -€67,324 to €0
- Tax, wage and social debts +€29,105
up €29,105 (+1,690%), from €1,723 to €30,827
- Gross operating margin +€140,788
up €140,788 (+312%), from €45,132 to €185,920
- Depreciation -€62,236
down €62,236 (-100%), from €62,236 to €0
- Taxes +€30,827
new in 2025: €30,827
- Financial income +€25,128
new in 2025: €25,128
of which Non-recurring financial income: +€25,128
- Other operating charges +€15,955
up €15,955 (+400%), from €3,991 to €19,945
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.
Derived cash bridge
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 | €490,531 | €119,989 | -€370,542 | -75.5% |
| Fixed assets | 21/28 | €470,737 | €0 | -€470,737 | -100% |
| Tangible fixed assets | 22/27 | €470,737 | €0 | -€470,737 | -100% |
| Land and buildings | 22 | €454,133 | €0 | -€454,133 | -100% |
| Plant, machinery and equipment | 23 | €16,604 | €0 | -€16,604 | -100% |
| Current assets | 29/58 | €19,794 | €119,989 | +€100,195 | +506% |
| Amounts receivable within one year | 40/41 | €4,296 | €3,556 | -€740 | -17.2% |
| Trade receivables | 40 | €4,296 | €3,470 | -€826 | -19.2% |
| Other amounts receivable | 41 | €0 | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €15,286 | €116,433 | +€101,147 | +662% |
| Deferred charges and accrued income | 490/1 | €213 | €0 | -€213 | -100% |
| Total equity and liabilities | 10/49 | €490,531 | €119,989 | -€370,542 | -75.5% |
| Equity | 10/15 | -€62,324 | €85,344 | +€147,667 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €80,344 | +€80,344 | |
| Distributable reserves | 133 | - | €80,344 | +€80,344 | |
| Profit (loss) carried forward | 14 | -€67,324 | €0 | +€67,324 | |
| Amounts payable | 17/49 | €552,854 | €34,645 | -€518,209 | -93.7% |
| Amounts payable after more than one year | 17 | €296,353 | €0 | -€296,353 | -100% |
| Financial debts | 170/4 | €296,353 | €0 | -€296,353 | -100% |
| Amounts payable within one year | 42/48 | €250,670 | €34,645 | -€216,025 | -86.2% |
| Current portion of amounts payable after more than one year | 42 | €11,594 | €0 | -€11,594 | -100% |
| Trade debts | 44 | €2,768 | €1,719 | -€1,049 | -37.9% |
| Suppliers | 440/4 | €2,768 | €1,719 | -€1,049 | -37.9% |
| Taxes, remuneration and social security | 45 | €1,723 | €30,827 | +€29,105 | +1,690% |
| Taxes | 450/3 | €1,723 | €30,827 | +€29,105 | +1,690% |
| Other amounts payable | 47/48 | €234,586 | €2,099 | -€232,487 | -99.1% |
| Accrued charges and deferred income | 492/3 | €5,831 | €0 | -€5,831 | -100% |
| Non-recurring operating income | 76A | - | €179,263 | +€179,263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,236 | €0 | -€62,236 | -100% |
| Other operating charges | 640/8 | €3,991 | €19,945 | +€15,955 | +400% |
| Gross operating margin | 9900 | €45,132 | €185,920 | +€140,788 | +312% |
| Operating profit (loss) | 9901 | -€21,095 | €165,975 | +€187,070 | |
| Financial income | 75/76B | - | €25,128 | +€25,128 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €25,128 | +€25,128 | |
| Financial charges | 65/66B | €18,345 | €12,608 | -€5,737 | -31.3% |
| Recurring financial charges | 65 | €18,345 | €12,608 | -€5,737 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€39,440 | €178,495 | +€217,934 | |
| Income taxes | 67/77 | - | €30,827 | +€30,827 | |
| Profit (loss) for the period | 9904 | -€39,440 | €147,667 | +€187,107 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,440 | €147,667 | +€187,107 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.