RTDK: 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.
RTDK
Largest movements
- Intangible fixed assets -€11,429
down €11,429 (-15.2%), from €74,962 to €63,533
- Receivables within one year +€3,351
up €3,351 (+280%), from €1,199 to €4,550
of which Trade receivables: +€3,773
- Cash -€973
down €973 (-52.8%), from €1,844 to €871
mainly Net result for the year (-€40,588) and Debts after one year (-€6,220)
- Profit (loss) carried forward -€40,588
down €40,588 (-219%), from -€18,534 to -€59,122
- Trade debts +€20,015
up €20,015 (+1,464%), from €1,367 to €21,383
- Other debts +€9,613
up €9,613 (+111%), from €8,645 to €18,258
- Tax, wage and social debts +€9,313
up €9,313 (+104%), from €8,947 to €18,260
of which Taxes: +€4,999
- Debts after one year -€6,220
down €6,220 (-12.6%), from €49,365 to €43,145
- Staff costs +€24,760
up €24,760 (+95.8%), from €25,845 to €50,604
- Gross operating margin +€12,749
up €12,749 (+84.3%), from €15,116 to €27,865
- Depreciation +€8,132
up €8,132 (+160%), from €5,082 to €13,215
- Financial charges +€971
up €971 (+39.4%), from €2,465 to €3,436
- Other operating charges +€951
up €951 (+362%), from €263 to €1,214
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 | €78,496 | €70,804 | -€7,693 | -9.8% |
| Fixed assets | 21/28 | €75,449 | €64,754 | -€10,695 | -14.2% |
| Intangible fixed assets | 21 | €74,962 | €63,533 | -€11,429 | -15.2% |
| Tangible fixed assets | 22/27 | €487 | €1,221 | +€734 | +150% |
| Plant, machinery and equipment | 23 | €487 | €381 | -€106 | -21.8% |
| Leasing and similar rights | 25 | - | €840 | +€840 | |
| Current assets | 29/58 | €3,047 | €6,049 | +€3,002 | +98.5% |
| Amounts receivable within one year | 40/41 | €1,199 | €4,550 | +€3,351 | +280% |
| Trade receivables | 40 | €755 | €4,528 | +€3,773 | +500% |
| Other amounts receivable | 41 | €444 | €22 | -€422 | -95.1% |
| Cash at bank and in hand | 54/58 | €1,844 | €871 | -€973 | -52.8% |
| Deferred charges and accrued income | 490/1 | €5 | €629 | +€625 | +13,319% |
| Total equity and liabilities | 10/49 | €78,496 | €70,804 | -€7,693 | -9.8% |
| Equity | 10/15 | €1,466 | -€39,122 | -€40,588 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,534 | -€59,122 | -€40,588 | -219% |
| Amounts payable | 17/49 | €77,030 | €109,925 | +€32,895 | +42.7% |
| Amounts payable after more than one year | 17 | €49,365 | €43,145 | -€6,220 | -12.6% |
| Financial debts | 170/4 | €49,365 | €43,145 | -€6,220 | -12.6% |
| Amounts payable within one year | 42/48 | €27,666 | €66,780 | +€39,115 | +141% |
| Current portion of amounts payable after more than one year | 42 | €8,706 | €8,879 | +€173 | +2.0% |
| Trade debts | 44 | €1,367 | €21,383 | +€20,015 | +1,464% |
| Suppliers | 440/4 | €1,367 | €21,383 | +€20,015 | +1,464% |
| Taxes, remuneration and social security | 45 | €8,947 | €18,260 | +€9,313 | +104% |
| Taxes | 450/3 | €2,060 | €7,059 | +€4,999 | +243% |
| Remuneration and social security | 454/9 | €6,888 | €11,201 | +€4,314 | +62.6% |
| Other amounts payable | 47/48 | €8,645 | €18,258 | +€9,613 | +111% |
| Remuneration, social security and pensions | 62 | €25,845 | €50,604 | +€24,760 | +95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,082 | €13,215 | +€8,132 | +160% |
| Other operating charges | 640/8 | €263 | €1,214 | +€951 | +362% |
| Gross operating margin | 9900 | €15,116 | €27,865 | +€12,749 | +84.3% |
| Operating profit (loss) | 9901 | -€16,074 | -€37,169 | -€21,095 | -131% |
| Financial income | 75/76B | €5 | €18 | +€13 | +276% |
| Recurring financial income | 75 | €5 | €18 | +€13 | +276% |
| Financial charges | 65/66B | €2,465 | €3,436 | +€971 | +39.4% |
| Recurring financial charges | 65 | €2,465 | €3,436 | +€971 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,534 | -€40,588 | -€22,053 | -119% |
| Profit (loss) for the period | 9904 | -€18,534 | -€40,588 | -€22,053 | -119% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,534 | -€40,588 | -€22,053 | -119% |
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 13 October 2026 via checked.be.