RDY General Partner: 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.
RDY General Partner
Largest movements
- Financial fixed assets +€57,800
up €57,800 (+57.9%), from €99,750 to €157,550
- Cash -€49,048
down €49,048 (-89.7%), from €54,695 to €5,647
mainly Investment in fixed assets (net) (-€57,800) and Receivables within one year (-€19,966)
- Receivables within one year +€19,966
up €19,966 (+22662.8%), from €88 to €20,054
of which Trade receivables: +€20,054
- Deferred charges and accrued income +€3,316
new in 2025: €3,316
- Reserves +€18,910
up €18,910 (+25.5%), from €74,064 to €92,975
- Trade debts +€8,918
up €8,918 (+42.4%), from €21,015 to €29,934
- Tax, wage and social debts +€6,349
up €6,349 (+25.7%), from €24,688 to €31,037
- Accrued charges and deferred income -€2,366
down €2,366 (-100.0%), from €2,366 to €0
- Gross operating margin -€73,892
down €73,892 (-73.5%), from €100,524 to €26,632
- Taxes -€18,339
down €18,339 (-74.3%), from €24,688 to €6,349
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 | €154,533 | €186,567 | +€32,033 | +20.7% |
| Fixed assets | 21/28 | €99,750 | €157,550 | +€57,800 | +57.9% |
| Financial fixed assets | 28 | €99,750 | €157,550 | +€57,800 | +57.9% |
| Current assets | 29/58 | €54,783 | €29,017 | -€25,767 | -47.0% |
| Amounts receivable within one year | 40/41 | €88 | €20,054 | +€19,966 | +22662.8% |
| Trade receivables | 40 | - | €20,054 | +€20,054 | |
| Other amounts receivable | 41 | €88 | €0 | -€88 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,695 | €5,647 | -€49,048 | -89.7% |
| Deferred charges and accrued income | 490/1 | - | €3,316 | +€3,316 | |
| Total equity and liabilities | 10/49 | €154,533 | €186,567 | +€32,033 | +20.7% |
| Equity | 10/15 | €106,464 | €125,375 | +€18,910 | +17.8% |
| Contributions | 10/11 | €32,400 | €32,400 | = | 0.0% |
| Reserves | 13 | €74,064 | €92,975 | +€18,910 | +25.5% |
| Distributable reserves | 133 | €74,064 | €92,975 | +€18,910 | +25.5% |
| Amounts payable | 17/49 | €48,069 | €61,192 | +€13,123 | +27.3% |
| Amounts payable within one year | 42/48 | €45,703 | €61,192 | +€15,488 | +33.9% |
| Trade debts | 44 | €21,015 | €29,934 | +€8,918 | +42.4% |
| Suppliers | 440/4 | €21,015 | €29,934 | +€8,918 | +42.4% |
| Taxes, remuneration and social security | 45 | €24,688 | €31,037 | +€6,349 | +25.7% |
| Taxes | 450/3 | €24,688 | €31,037 | +€6,349 | +25.7% |
| Other amounts payable | 47/48 | - | €221 | +€221 | |
| Accrued charges and deferred income | 492/3 | €2,366 | €0 | -€2,366 | -100.0% |
| Other operating charges | 640/8 | €1,646 | €1,158 | -€488 | -29.7% |
| Gross operating margin | 9900 | €100,524 | €26,632 | -€73,892 | -73.5% |
| Operating profit (loss) | 9901 | €98,877 | €25,474 | -€73,404 | -74.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €135 | €214 | +€79 | +58.5% |
| Recurring financial charges | 65 | €135 | €214 | +€79 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €98,753 | €25,260 | -€73,493 | -74.4% |
| Income taxes | 67/77 | €24,688 | €6,349 | -€18,339 | -74.3% |
| Profit (loss) for the period | 9904 | €74,064 | €18,910 | -€55,154 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,064 | €18,910 | -€55,154 | -74.5% |
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 11 October 2026 via checked.be.