RT DYNAMICS: 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.
RT DYNAMICS
Largest movements
- Cash -€28,468
down €28,468 (-87.1%), from €32,700 to €4,232
mainly Contributions, distributions and other (-€95,686) and Current portion of long-term debt (-€10,135)
- Tangible fixed assets -€16,385
down €16,385 (-32.4%), from €50,564 to €34,179
- Receivables within one year -€3,936
down €3,936 (-11.8%), from €33,420 to €29,484
of which Other amounts receivable: -€11,231
- Profit (loss) carried forward -€52,883
down €52,883 (-55.3%), from €95,686 to €42,803
- Other debts +€17,777
up €17,777, from €0 to €17,777
- Current portion of long-term debt -€10,135
down €10,135 (-100%), from €10,135 to €0
- Tax, wage and social debts -€5,208
down €5,208 (-80.0%), from €6,507 to €1,300
- Trade debts +€2,751
up €2,751 (+107%), from €2,565 to €5,316
- Gross operating margin +€16,137
up €16,137 (+30.7%), from €52,505 to €68,642
- Depreciation +€2,900
up €2,900 (+33.1%), from €8,771 to €11,671
- Taxes +€2,385
up €2,385 (+25.7%), from €9,288 to €11,673
- Other operating charges +€1,137
up €1,137 (+807%), from €141 to €1,278
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 | €116,684 | €68,905 | -€47,780 | -40.9% |
| Fixed assets | 21/28 | €50,564 | €34,179 | -€16,385 | -32.4% |
| Tangible fixed assets | 22/27 | €50,564 | €34,179 | -€16,385 | -32.4% |
| Furniture and vehicles | 24 | €50,564 | €34,179 | -€16,385 | -32.4% |
| Current assets | 29/58 | €66,120 | €34,726 | -€31,394 | -47.5% |
| Amounts receivable within one year | 40/41 | €33,420 | €29,484 | -€3,936 | -11.8% |
| Trade receivables | 40 | €1,105 | €8,400 | +€7,295 | +660% |
| Other amounts receivable | 41 | €32,315 | €21,084 | -€11,231 | -34.8% |
| Cash at bank and in hand | 54/58 | €32,700 | €4,232 | -€28,468 | -87.1% |
| Deferred charges and accrued income | 490/1 | - | €1,010 | +€1,010 | |
| Total equity and liabilities | 10/49 | €116,684 | €68,905 | -€47,780 | -40.9% |
| Equity | 10/15 | €97,386 | €44,503 | -€52,883 | -54.3% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,686 | €42,803 | -€52,883 | -55.3% |
| Amounts payable | 17/49 | €19,298 | €24,401 | +€5,104 | +26.4% |
| Amounts payable within one year | 42/48 | €19,298 | €24,401 | +€5,104 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €10,135 | €0 | -€10,135 | -100% |
| Financial debts | 43 | €91 | €8 | -€82 | -90.7% |
| Credit institutions | 430/8 | €91 | €8 | -€82 | -90.7% |
| Trade debts | 44 | €2,565 | €5,316 | +€2,751 | +107% |
| Suppliers | 440/4 | €2,565 | €5,316 | +€2,751 | +107% |
| Taxes, remuneration and social security | 45 | €6,507 | €1,300 | -€5,208 | -80.0% |
| Taxes | 450/3 | €6,507 | €1,300 | -€5,208 | -80.0% |
| Other amounts payable | 47/48 | €0 | €17,777 | +€17,777 | |
| Non-recurring operating income | 76A | €183 | €1,649 | +€1,467 | +803% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,771 | €11,671 | +€2,900 | +33.1% |
| Other operating charges | 640/8 | €141 | €1,278 | +€1,137 | +807% |
| Gross operating margin | 9900 | €52,505 | €68,642 | +€16,137 | +30.7% |
| Operating profit (loss) | 9901 | €43,593 | €55,693 | +€12,100 | +27.8% |
| Financial income | 75/76B | €29 | €0 | -€29 | -100% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100% |
| Financial charges | 65/66B | €914 | €1,218 | +€304 | +33.2% |
| Recurring financial charges | 65 | €914 | €1,218 | +€304 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €42,709 | €54,476 | +€11,767 | +27.6% |
| Income taxes | 67/77 | €9,288 | €11,673 | +€2,385 | +25.7% |
| Profit (loss) for the period | 9904 | €33,421 | €42,803 | +€9,383 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,421 | €42,803 | +€9,383 | +28.1% |
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 27 October 2026 via checked.be.