RDU: 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.
RDU
Largest movements
- Receivables within one year +€70,526
up €70,526 (+238.0%), from €29,629 to €100,155
of which Trade receivables: +€72,749
- Cash +€30,880
up €30,880 (+159.6%), from €19,349 to €50,229
mainly Depreciation (+€53,236) and Net result for the year (+€43,976)
- Tangible fixed assets +€21,408
up €21,408 (+14.8%), from €144,945 to €166,353
of which Furniture and vehicles: +€53,904
- Stocks and contracts -€10,046
down €10,046 (-91.8%), from €10,949 to €903
- Deferred charges and accrued income +€4,996
up €4,996 (+271.3%), from €1,841 to €6,837
- Profit (loss) carried forward +€43,976
up €43,976 (+1057.3%), from €4,159 to €48,136
- Tax, wage and social debts +€35,968
new in 2025: €35,968
of which Taxes: +€25,875
- Current portion of long-term debt +€25,454
up €25,454 (+70.2%), from €36,241 to €61,695
- Trade debts +€22,113
up €22,113 (+267.1%), from €8,280 to €30,394
- Debts after one year -€8,097
down €8,097 (-8.7%), from €93,527 to €85,430
- Gross operating margin +€117,971
up €117,971 (+184.2%), from €64,060 to €182,031
- Staff costs +€58,735
up €58,735, from -€118 to €58,617
- Taxes +€19,150
new in 2025: €19,150
- Other operating charges -€7,952
down €7,952 (-83.7%), from €9,496 to €1,545
- Depreciation +€5,843
up €5,843 (+12.3%), from €47,393 to €53,236
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 | €206,714 | €324,477 | +€117,763 | +57.0% |
| Fixed assets | 21/28 | €144,945 | €166,353 | +€21,408 | +14.8% |
| Tangible fixed assets | 22/27 | €144,945 | €166,353 | +€21,408 | +14.8% |
| Plant, machinery and equipment | 23 | €1,429 | €10,723 | +€9,294 | +650.4% |
| Furniture and vehicles | 24 | €10,076 | €63,980 | +€53,904 | +535.0% |
| Leasing and similar rights | 25 | €133,440 | €91,650 | -€41,790 | -31.3% |
| Current assets | 29/58 | €61,769 | €158,124 | +€96,355 | +156.0% |
| Stocks and contracts in progress | 3 | €10,949 | €903 | -€10,046 | -91.8% |
| Stocks | 30/36 | €10,949 | €903 | -€10,046 | -91.8% |
| Amounts receivable within one year | 40/41 | €29,629 | €100,155 | +€70,526 | +238.0% |
| Trade receivables | 40 | €26,406 | €99,155 | +€72,749 | +275.5% |
| Other amounts receivable | 41 | €3,223 | €1,000 | -€2,223 | -69.0% |
| Cash at bank and in hand | 54/58 | €19,349 | €50,229 | +€30,880 | +159.6% |
| Deferred charges and accrued income | 490/1 | €1,841 | €6,837 | +€4,996 | +271.3% |
| Total equity and liabilities | 10/49 | €206,714 | €324,477 | +€117,763 | +57.0% |
| Equity | 10/15 | €6,159 | €50,136 | +€43,976 | +714.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €4,159 | €48,136 | +€43,976 | +1057.3% |
| Amounts payable | 17/49 | €200,555 | €274,342 | +€73,787 | +36.8% |
| Amounts payable after more than one year | 17 | €93,527 | €85,430 | -€8,097 | -8.7% |
| Financial debts | 170/4 | €93,527 | €85,430 | -€8,097 | -8.7% |
| Amounts payable within one year | 42/48 | €107,019 | €188,891 | +€81,871 | +76.5% |
| Current portion of amounts payable after more than one year | 42 | €36,241 | €61,695 | +€25,454 | +70.2% |
| Trade debts | 44 | €8,280 | €30,394 | +€22,113 | +267.1% |
| Suppliers | 440/4 | €8,280 | €30,394 | +€22,113 | +267.1% |
| Taxes, remuneration and social security | 45 | - | €35,968 | +€35,968 | |
| Taxes | 450/3 | - | €25,875 | +€25,875 | |
| Remuneration and social security | 454/9 | - | €10,093 | +€10,093 | |
| Other amounts payable | 47/48 | €62,498 | €60,834 | -€1,664 | -2.7% |
| Accrued charges and deferred income | 492/3 | €8 | €21 | +€13 | +153.7% |
| Remuneration, social security and pensions | 62 | -€118 | €58,617 | +€58,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,393 | €53,236 | +€5,843 | +12.3% |
| Other operating charges | 640/8 | €9,496 | €1,545 | -€7,952 | -83.7% |
| Gross operating margin | 9900 | €64,060 | €182,031 | +€117,971 | +184.2% |
| Operating profit (loss) | 9901 | €7,289 | €68,634 | +€61,345 | +841.6% |
| Financial income | 75/76B | €7 | €27 | +€21 | +317.7% |
| Recurring financial income | 75 | €7 | €27 | +€21 | +317.7% |
| Financial charges | 65/66B | €5,269 | €5,536 | +€267 | +5.1% |
| Recurring financial charges | 65 | €5,269 | €5,536 | +€267 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €2,026 | €63,126 | +€61,100 | +3015.4% |
| Income taxes | 67/77 | - | €19,150 | +€19,150 | |
| Profit (loss) for the period | 9904 | €2,026 | €43,976 | +€41,950 | +2070.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,026 | €43,976 | +€41,950 | +2070.3% |
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 29 September 2026 via checked.be.