RDW Beheer: 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.
RDW Beheer
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€22,033
down €22,033 (-21.9%), from €100,656 to €78,622
mainly Current investments (-€100,000) and Trade debts (-€2,813)
- Reserves +€80,211
up €80,211 (+4.8%), from €1.7m to €1.8m
of which Distributable reserves: +€80,211
- Gross operating margin +€10,325
up €10,325 (+11.5%), from €89,726 to €100,051
- Taxes +€2,187
up €2,187 (+12.2%), from €17,884 to €20,070
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 | €1,874,572 | €1,952,640 | +€78,068 | +4.2% |
| Fixed assets | 21/28 | €1,766,800 | €1,766,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,766,800 | €1,766,800 | = | 0.0% |
| Current assets | 29/58 | €107,772 | €185,840 | +€78,068 | +72.4% |
| Amounts receivable within one year | 40/41 | €7,116 | €7,218 | +€102 | +1.4% |
| Other amounts receivable | 41 | €7,116 | €7,218 | +€102 | +1.4% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €100,656 | €78,622 | -€22,033 | -21.9% |
| Total equity and liabilities | 10/49 | €1,874,572 | €1,952,640 | +€78,068 | +4.2% |
| Equity | 10/15 | €1,863,335 | €1,943,546 | +€80,211 | +4.3% |
| Contributions | 10/11 | €191,953 | €191,953 | = | 0.0% |
| Reserves | 13 | €1,671,382 | €1,751,594 | +€80,211 | +4.8% |
| Non-distributable reserves | 130/1 | €19,195 | €19,195 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,195 | €19,195 | = | 0.0% |
| Distributable reserves | 133 | €1,652,187 | €1,732,398 | +€80,211 | +4.9% |
| Amounts payable | 17/49 | €11,237 | €9,094 | -€2,143 | -19.1% |
| Amounts payable within one year | 42/48 | €11,237 | €9,094 | -€2,143 | -19.1% |
| Trade debts | 44 | €2,813 | - | -€2,813 | |
| Suppliers | 440/4 | €2,813 | - | -€2,813 | |
| Taxes, remuneration and social security | 45 | €8,424 | €9,094 | +€670 | +8.0% |
| Taxes | 450/3 | €8,424 | €9,094 | +€670 | +8.0% |
| Other operating charges | 640/8 | €294 | €144 | -€150 | -51.0% |
| Gross operating margin | 9900 | €89,726 | €100,051 | +€10,325 | +11.5% |
| Operating profit (loss) | 9901 | €89,432 | €99,906 | +€10,475 | +11.7% |
| Financial income | 75/76B | - | €574 | +€574 | |
| Recurring financial income | 75 | - | €574 | +€574 | |
| Financial charges | 65/66B | €13 | €199 | +€186 | +1,441% |
| Recurring financial charges | 65 | €13 | €199 | +€186 | +1,441% |
| Profit (loss) for the period before taxes | 9903 | €89,419 | €100,282 | +€10,863 | +12.1% |
| Income taxes | 67/77 | €17,884 | €20,070 | +€2,187 | +12.2% |
| Profit (loss) for the period | 9904 | €71,535 | €80,211 | +€8,676 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,535 | €80,211 | +€8,676 | +12.1% |
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 29 October 2026 via checked.be.