RELIABLE DYNAMIC TECHNOLOGY: 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.
RELIABLE DYNAMIC TECHNOLOGY
Largest movements
- Receivables within one year -€106,468
down €106,468 (-21.4%), from €497,789 to €391,321
of which Trade receivables: -€174,982
- Cash -€42,693
down €42,693 (-42.5%), from €100,546 to €57,853
mainly Short-term financial debts (-€227,088) and Investment in fixed assets (net) (-€37,872)
- Tangible fixed assets +€15,452
up €15,452 (+32.6%), from €47,362 to €62,814
of which Leasing and similar rights: +€13,554
- Stocks and contracts -€13,901
down €13,901 (-32.4%), from €42,920 to €29,019
- Short-term financial debts -€227,088
no longer reported in 2025 (was €227,088)
- Tax, wage and social debts +€33,210
up €33,210 (+313%), from €10,627 to €43,837
of which Remuneration and social security: +€26,606
- Trade debts +€31,829
up €31,829 (+30.4%), from €104,831 to €136,660
- Debts after one year +€12,219
up €12,219 (+37.6%), from €32,488 to €44,707
- Staff costs +€147,369
up €147,369 (+145%), from €101,779 to €249,148
- Provisions -€112,530
no longer reported in 2025 (was €112,530)
- Gross operating margin +€57,255
up €57,255 (+24.6%), from €232,531 to €289,786
- Financial charges -€7,064
down €7,064 (-52.1%), from €13,561 to €6,497
- Depreciation +€6,086
up €6,086 (+37.3%), from €16,334 to €22,420
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 | €697,905 | €550,543 | -€147,362 | -21.1% |
| Fixed assets | 21/28 | €53,195 | €68,647 | +€15,452 | +29.0% |
| Tangible fixed assets | 22/27 | €47,362 | €62,814 | +€15,452 | +32.6% |
| Plant, machinery and equipment | 23 | €137 | - | -€137 | |
| Furniture and vehicles | 24 | - | €2,035 | +€2,035 | |
| Leasing and similar rights | 25 | €47,225 | €60,779 | +€13,554 | +28.7% |
| Financial fixed assets | 28 | €5,833 | €5,833 | = | 0.0% |
| Current assets | 29/58 | €644,710 | €481,896 | -€162,814 | -25.3% |
| Stocks and contracts in progress | 3 | €42,920 | €29,019 | -€13,901 | -32.4% |
| Stocks | 30/36 | €42,920 | €29,019 | -€13,901 | -32.4% |
| Amounts receivable within one year | 40/41 | €497,789 | €391,321 | -€106,468 | -21.4% |
| Trade receivables | 40 | €438,114 | €263,132 | -€174,982 | -39.9% |
| Other amounts receivable | 41 | €59,675 | €128,189 | +€68,514 | +115% |
| Cash at bank and in hand | 54/58 | €100,546 | €57,853 | -€42,693 | -42.5% |
| Deferred charges and accrued income | 490/1 | €3,455 | €3,703 | +€248 | +7.2% |
| Total equity and liabilities | 10/49 | €697,905 | €550,543 | -€147,362 | -21.1% |
| Equity | 10/15 | €188,076 | €190,424 | +€2,348 | +1.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,076 | €165,424 | +€2,348 | +1.4% |
| Provisions and deferred taxes | 16 | €112,530 | €112,530 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €112,530 | €112,530 | = | 0.0% |
| Other liabilities and charges | 164/5 | €112,530 | €112,530 | = | 0.0% |
| Amounts payable | 17/49 | €397,299 | €247,589 | -€149,710 | -37.7% |
| Amounts payable after more than one year | 17 | €32,488 | €44,707 | +€12,219 | +37.6% |
| Financial debts | 170/4 | €32,488 | €44,707 | +€12,219 | +37.6% |
| Amounts payable within one year | 42/48 | €364,811 | €202,882 | -€161,929 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €21,944 | €22,385 | +€441 | +2.0% |
| Financial debts | 43 | €227,088 | - | -€227,088 | |
| Credit institutions | 430/8 | €227,088 | - | -€227,088 | |
| Trade debts | 44 | €104,831 | €136,660 | +€31,829 | +30.4% |
| Suppliers | 440/4 | €104,831 | €136,660 | +€31,829 | +30.4% |
| Taxes, remuneration and social security | 45 | €10,627 | €43,837 | +€33,210 | +313% |
| Taxes | 450/3 | €75 | €6,679 | +€6,604 | +8,805% |
| Remuneration and social security | 454/9 | €10,552 | €37,158 | +€26,606 | +252% |
| Other amounts payable | 47/48 | €321 | - | -€321 | |
| Remuneration, social security and pensions | 62 | €101,779 | €249,148 | +€147,369 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,334 | €22,420 | +€6,086 | +37.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €112,530 | - | -€112,530 | |
| Other operating charges | 640/8 | €1,651 | €4,564 | +€2,913 | +176% |
| Gross operating margin | 9900 | €232,531 | €289,786 | +€57,255 | +24.6% |
| Operating profit (loss) | 9901 | €237 | €13,654 | +€13,417 | +5,661% |
| Financial income | 75/76B | - | €939 | +€939 | |
| Recurring financial income | 75 | - | €939 | +€939 | |
| Financial charges | 65/66B | €13,561 | €6,497 | -€7,064 | -52.1% |
| Recurring financial charges | 65 | €13,561 | €6,497 | -€7,064 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,324 | €8,096 | +€21,420 | |
| Income taxes | 67/77 | €200 | €5,748 | +€5,548 | +2,774% |
| Profit (loss) for the period | 9904 | -€13,524 | €2,348 | +€15,872 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,524 | €2,348 | +€15,872 |
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 15 October 2026 via checked.be.