RLD Consult: 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.
RLD Consult
Largest movements
- Receivables within one year -€40,953
down €40,953 (-42.4%), from €96,684 to €55,732
of which Trade receivables: -€41,553
- Cash +€3,171
up €3,171 (+675%), from €470 to €3,641
mainly Receivables within one year (+€40,953) and Other debts (+€38,654)
- Deferred charges and accrued income -€2,637
down €2,637 (-45.1%), from €5,853 to €3,216
- Trade debts -€59,306
down €59,306 (-83.1%), from €71,363 to €12,058
- Other debts +€38,654
up €38,654 (+347%), from €11,127 to €49,780
- Profit (loss) carried forward -€12,157
down €12,157 (-143%), from -€8,474 to -€20,630
- Tax, wage and social debts -€6,254
down €6,254 (-51.3%), from €12,193 to €5,939
- Short-term financial debts -€2,080
no longer reported in 2025 (was €2,080)
- Gross operating margin -€14,623
down €14,623, from €7,665 to -€6,958
- Financial charges +€953
up €953 (+56.1%), from €1,698 to €2,651
- Depreciation -€454
down €454 (-38.6%), from €1,178 to €723
- Taxes -€103
down €103 (-39.0%), from €264 to €161
- Other operating charges -€91
down €91 (-14.1%), from €645 to €553
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 | €106,889 | €65,746 | -€41,142 | -38.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,681 | €958 | -€723 | -43.0% |
| Tangible fixed assets | 22/27 | €1,181 | €458 | -€723 | -61.3% |
| Furniture and vehicles | 24 | €1,181 | €458 | -€723 | -61.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €105,208 | €64,789 | -€40,419 | -38.4% |
| Amounts receivable within one year | 40/41 | €96,684 | €55,732 | -€40,953 | -42.4% |
| Trade receivables | 40 | €96,638 | €55,085 | -€41,553 | -43.0% |
| Other amounts receivable | 41 | €47 | €647 | +€600 | +1,288% |
| Current investments | 50/53 | €2,200 | €2,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €470 | €3,641 | +€3,171 | +675% |
| Deferred charges and accrued income | 490/1 | €5,853 | €3,216 | -€2,637 | -45.1% |
| Total equity and liabilities | 10/49 | €106,889 | €65,746 | -€41,142 | -38.5% |
| Equity | 10/15 | €10,126 | -€2,030 | -€12,157 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,474 | -€20,630 | -€12,157 | -143% |
| Amounts payable | 17/49 | €96,762 | €67,777 | -€28,985 | -30.0% |
| Amounts payable within one year | 42/48 | €96,762 | €67,777 | -€28,985 | -30.0% |
| Financial debts | 43 | €2,080 | - | -€2,080 | |
| Credit institutions | 430/8 | €2,080 | - | -€2,080 | |
| Trade debts | 44 | €71,363 | €12,058 | -€59,306 | -83.1% |
| Suppliers | 440/4 | €71,363 | €12,058 | -€59,306 | -83.1% |
| Taxes, remuneration and social security | 45 | €12,193 | €5,939 | -€6,254 | -51.3% |
| Taxes | 450/3 | €12,193 | €5,939 | -€6,254 | -51.3% |
| Other amounts payable | 47/48 | €11,127 | €49,780 | +€38,654 | +347% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,178 | €723 | -€454 | -38.6% |
| Other operating charges | 640/8 | €645 | €553 | -€91 | -14.1% |
| Non-recurring operating charges | 66A | €300 | €1,110 | +€810 | +270% |
| Gross operating margin | 9900 | €7,665 | -€6,958 | -€14,623 | |
| Operating profit (loss) | 9901 | €5,542 | -€9,345 | -€14,887 | |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €1,698 | €2,651 | +€953 | +56.1% |
| Recurring financial charges | 65 | €1,698 | €2,651 | +€953 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €3,900 | -€11,996 | -€15,896 | |
| Income taxes | 67/77 | €264 | €161 | -€103 | -39.0% |
| Profit (loss) for the period | 9904 | €3,636 | -€12,157 | -€15,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,636 | -€12,157 | -€15,793 |
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.