RLDESIGN: 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.
RLDESIGN
Largest movements
- Stocks and contracts +€7,132
up €7,132 (+226.8%), from €3,145 to €10,277
- Cash -€6,376
down €6,376 (-58.2%), from €10,948 to €4,572
mainly Investment in fixed assets (net) (-€7,707) and Debts after one year (-€7,457)
- Tangible fixed assets -€3,158
down €3,158 (-6.7%), from €47,426 to €44,268
of which Land and buildings: -€4,741
- Receivables within one year -€1,702
down €1,702 (-7.5%), from €22,623 to €20,921
of which Trade receivables: -€7,209
- Debts after one year -€7,457
down €7,457 (-51.7%), from €14,429 to €6,972
- Profit (loss) carried forward +€4,208
up €4,208 (+15.1%), from €27,792 to €32,000
- Advances received +€2,348
new in 2025: €2,348
- Other debts -€1,743
down €1,743 (-37.0%), from €4,712 to €2,968
- Tax, wage and social debts -€1,725
down €1,725 (-37.9%), from €4,558 to €2,833
of which Taxes: -€2,113
- Gross operating margin -€8,897
down €8,897 (-29.1%), from €30,561 to €21,663
- Depreciation +€2,241
up €2,241 (+26.0%), from €8,624 to €10,865
- Taxes -€2,057
down €2,057 (-43.0%), from €4,783 to €2,726
- Financial charges +€1,018
up €1,018 (+48.0%), from €2,122 to €3,140
- Other operating charges -€821
no longer reported in 2025 (was €821)
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 | €85,361 | €81,368 | -€3,994 | -4.7% |
| Fixed assets | 21/28 | €47,426 | €44,268 | -€3,158 | -6.7% |
| Tangible fixed assets | 22/27 | €47,426 | €44,268 | -€3,158 | -6.7% |
| Land and buildings | 22 | €37,503 | €32,762 | -€4,741 | -12.6% |
| Plant, machinery and equipment | 23 | €4,589 | €6,548 | +€1,960 | +42.7% |
| Furniture and vehicles | 24 | €5,335 | €4,958 | -€377 | -7.1% |
| Current assets | 29/58 | €37,936 | €37,100 | -€836 | -2.2% |
| Stocks and contracts in progress | 3 | €3,145 | €10,277 | +€7,132 | +226.8% |
| Stocks | 30/36 | €3,145 | €10,277 | +€7,132 | +226.8% |
| Amounts receivable within one year | 40/41 | €22,623 | €20,921 | -€1,702 | -7.5% |
| Trade receivables | 40 | €13,501 | €6,293 | -€7,209 | -53.4% |
| Other amounts receivable | 41 | €9,121 | €14,628 | +€5,507 | +60.4% |
| Cash at bank and in hand | 54/58 | €10,948 | €4,572 | -€6,376 | -58.2% |
| Deferred charges and accrued income | 490/1 | €1,220 | €1,329 | +€109 | +9.0% |
| Total equity and liabilities | 10/49 | €85,361 | €81,368 | -€3,994 | -4.7% |
| Equity | 10/15 | €31,792 | €36,000 | +€4,208 | +13.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,792 | €32,000 | +€4,208 | +15.1% |
| Amounts payable | 17/49 | €53,569 | €45,368 | -€8,201 | -15.3% |
| Amounts payable after more than one year | 17 | €14,429 | €6,972 | -€7,457 | -51.7% |
| Financial debts | 170/4 | €14,429 | €6,972 | -€7,457 | -51.7% |
| Amounts payable within one year | 42/48 | €39,140 | €37,796 | -€1,344 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €13,337 | €13,808 | +€471 | +3.5% |
| Trade debts | 44 | €16,533 | €15,838 | -€695 | -4.2% |
| Suppliers | 440/4 | €16,533 | €15,838 | -€695 | -4.2% |
| Advances received on contracts in progress | 46 | - | €2,348 | +€2,348 | |
| Taxes, remuneration and social security | 45 | €4,558 | €2,833 | -€1,725 | -37.9% |
| Taxes | 450/3 | €2,558 | €445 | -€2,113 | -82.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,387 | +€387 | +19.4% |
| Other amounts payable | 47/48 | €4,712 | €2,968 | -€1,743 | -37.0% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,624 | €10,865 | +€2,241 | +26.0% |
| Other operating charges | 640/8 | €821 | - | -€821 | |
| Gross operating margin | 9900 | €30,561 | €21,663 | -€8,897 | -29.1% |
| Operating profit (loss) | 9901 | €21,116 | €10,798 | -€10,318 | -48.9% |
| Financial income | 75/76B | €2 | €229 | +€227 | +11361.0% |
| Recurring financial income | 75 | €2 | €229 | +€227 | +11361.0% |
| Financial charges | 65/66B | €2,122 | €3,140 | +€1,018 | +48.0% |
| Recurring financial charges | 65 | €2,122 | €3,140 | +€1,018 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €18,996 | €7,888 | -€11,108 | -58.5% |
| Income taxes | 67/77 | €4,783 | €2,726 | -€2,057 | -43.0% |
| Profit (loss) for the period | 9904 | €14,213 | €5,162 | -€9,051 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,213 | €5,162 | -€9,051 | -63.7% |
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 9 October 2026 via checked.be.