RRD IMMO: 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.
RRD IMMO
Largest movements
- Cash +€97,066
up €97,066 (+105%), from €92,749 to €189,814
mainly Receivables within one year (+€55,075) and Trade debts (+€28,498)
- Receivables within one year -€55,075
down €55,075 (-88.8%), from €62,044 to €6,969
of which Trade receivables: -€49,230
- Tangible fixed assets -€10,368
down €10,368 (-42.5%), from €24,386 to €14,018
of which Other tangible fixed assets: -€7,704
- Trade debts +€28,498
up €28,498 (+28.2%), from €100,897 to €129,395
- Profit (loss) carried forward +€8,571
up €8,571 (+37.8%), from -€22,690 to -€14,119
- Current portion of long-term debt -€3,044
no longer reported in 2025 (was €3,044)
- Depreciation -€7,370
down €7,370 (-41.6%), from €17,739 to €10,368
- Gross operating margin +€4,614
up €4,614 (+4.6%), from €99,920 to €104,534
- Staff costs +€1,945
up €1,945 (+2.5%), from €76,973 to €78,918
- Taxes +€1,257
up €1,257 (+27.8%), from €4,522 to €5,779
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 | €179,821 | €212,123 | +€32,302 | +18.0% |
| Fixed assets | 21/28 | €24,386 | €14,018 | -€10,368 | -42.5% |
| Tangible fixed assets | 22/27 | €24,386 | €14,018 | -€10,368 | -42.5% |
| Furniture and vehicles | 24 | €2,664 | - | -€2,664 | |
| Other tangible fixed assets | 26 | €21,722 | €14,018 | -€7,704 | -35.5% |
| Current assets | 29/58 | €155,435 | €198,105 | +€42,670 | +27.5% |
| Amounts receivable within one year | 40/41 | €62,044 | €6,969 | -€55,075 | -88.8% |
| Trade receivables | 40 | €49,230 | - | -€49,230 | |
| Other amounts receivable | 41 | €12,814 | €6,969 | -€5,846 | -45.6% |
| Cash at bank and in hand | 54/58 | €92,749 | €189,814 | +€97,066 | +105% |
| Deferred charges and accrued income | 490/1 | €643 | €1,322 | +€680 | +106% |
| Total equity and liabilities | 10/49 | €179,821 | €212,123 | +€32,302 | +18.0% |
| Equity | 10/15 | €55,611 | €64,182 | +€8,571 | +15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,102 | €72,102 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,242 | €70,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,690 | -€14,119 | +€8,571 | +37.8% |
| Amounts payable | 17/49 | €124,210 | €147,941 | +€23,731 | +19.1% |
| Amounts payable within one year | 42/48 | €124,210 | €147,941 | +€23,731 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €3,044 | - | -€3,044 | |
| Trade debts | 44 | €100,897 | €129,395 | +€28,498 | +28.2% |
| Suppliers | 440/4 | €100,897 | €129,395 | +€28,498 | +28.2% |
| Taxes, remuneration and social security | 45 | €20,270 | €18,511 | -€1,759 | -8.7% |
| Taxes | 450/3 | €8,409 | €8,956 | +€548 | +6.5% |
| Remuneration and social security | 454/9 | €11,861 | €9,554 | -€2,306 | -19.4% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Non-recurring operating income | 76A | €6,891 | - | -€6,891 | |
| Remuneration, social security and pensions | 62 | €76,973 | €78,918 | +€1,945 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,739 | €10,368 | -€7,370 | -41.6% |
| Other operating charges | 640/8 | €601 | €769 | +€167 | +27.9% |
| Gross operating margin | 9900 | €99,920 | €104,534 | +€4,614 | +4.6% |
| Operating profit (loss) | 9901 | €4,607 | €14,479 | +€9,872 | +214% |
| Financial charges | 65/66B | €236 | €129 | -€107 | -45.2% |
| Recurring financial charges | 65 | €236 | €129 | -€107 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €4,371 | €14,350 | +€9,979 | +228% |
| Income taxes | 67/77 | €4,522 | €5,779 | +€1,257 | +27.8% |
| Profit (loss) for the period | 9904 | -€150 | €8,571 | +€8,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | €8,571 | +€8,721 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.