R-COS SOLUTIONS: 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.
R-COS SOLUTIONS
Largest movements
- Cash +€125,481
up €125,481 (+100%), from €124,935 to €250,415
mainly Net result for the year (+€182,711) and Provisions (+€36,766)
- Receivables within one year -€15,587
down €15,587 (-9.4%), from €165,908 to €150,321
of which Trade receivables: -€13,970
- Reserves +€182,711
up €182,711 (+84.6%), from €215,949 to €398,660
of which Distributable reserves: +€125,155
- Other debts -€69,476
down €69,476 (-37.7%), from €184,469 to €114,993
- Debts after one year -€51,374
down €51,374 (-13.0%), from €395,456 to €344,082
- Provisions +€36,766
new in 2025: €36,766
- Trade debts +€13,341
up €13,341 (+12.5%), from €106,792 to €120,132
- Gross operating margin +€168,506
up €168,506 (+51.8%), from €325,407 to €493,913
- Provisions +€36,766
new in 2025: €36,766
- Staff costs -€20,769
down €20,769 (-10.7%), from €193,927 to €173,157
- Taxes +€18,334
up €18,334 (+70.2%), from €26,114 to €44,448
- Financial income +€6,938
up €6,938 (+56.1%), from €12,376 to €19,314
of which Non-recurring financial income: +€7,847
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 | €1,104,129 | €1,214,076 | +€109,948 | +10.0% |
| Fixed assets | 21/28 | €670,153 | €661,378 | -€8,775 | -1.3% |
| Tangible fixed assets | 22/27 | €667,153 | €658,378 | -€8,775 | -1.3% |
| Land and buildings | 22 | €647,678 | €644,375 | -€3,303 | -0.5% |
| Plant, machinery and equipment | 23 | €15,577 | €11,518 | -€4,059 | -26.1% |
| Furniture and vehicles | 24 | €3,898 | €2,485 | -€1,413 | -36.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €433,976 | €552,698 | +€118,722 | +27.4% |
| Stocks and contracts in progress | 3 | €143,133 | €151,962 | +€8,829 | +6.2% |
| Stocks | 30/36 | €143,133 | €151,962 | +€8,829 | +6.2% |
| Amounts receivable within one year | 40/41 | €165,908 | €150,321 | -€15,587 | -9.4% |
| Trade receivables | 40 | €164,291 | €150,321 | -€13,970 | -8.5% |
| Other amounts receivable | 41 | €1,617 | - | -€1,617 | |
| Cash at bank and in hand | 54/58 | €124,935 | €250,415 | +€125,481 | +100% |
| Total equity and liabilities | 10/49 | €1,104,129 | €1,214,076 | +€109,948 | +10.0% |
| Equity | 10/15 | €289,482 | €462,884 | +€173,402 | +59.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,949 | €398,660 | +€182,711 | +84.6% |
| Non-distributable reserves | 130/1 | €455 | €455 | = | 0.0% |
| Reserves not available under the articles | 1311 | €455 | €455 | = | 0.0% |
| Tax-exempt reserves | 132 | €781 | €58,337 | +€57,556 | +7,369% |
| Distributable reserves | 133 | €214,713 | €339,868 | +€125,155 | +58.3% |
| Investment grants | 15 | €54,933 | €45,624 | -€9,309 | -16.9% |
| Provisions and deferred taxes | 16 | - | €36,766 | +€36,766 | |
| Provisions for liabilities and charges | 160/5 | - | €36,766 | +€36,766 | |
| Environmental obligations | 163 | - | €36,766 | +€36,766 | |
| Amounts payable | 17/49 | €814,646 | €714,426 | -€100,220 | -12.3% |
| Amounts payable after more than one year | 17 | €395,456 | €344,082 | -€51,374 | -13.0% |
| Financial debts | 170/4 | €395,456 | €344,082 | -€51,374 | -13.0% |
| Amounts payable within one year | 42/48 | €419,190 | €370,344 | -€48,846 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €48,463 | €50,408 | +€1,944 | +4.0% |
| Trade debts | 44 | €106,792 | €120,132 | +€13,341 | +12.5% |
| Suppliers | 440/4 | €106,792 | €120,132 | +€13,341 | +12.5% |
| Taxes, remuneration and social security | 45 | €79,466 | €84,811 | +€5,345 | +6.7% |
| Taxes | 450/3 | €48,775 | €59,207 | +€10,432 | +21.4% |
| Remuneration and social security | 454/9 | €30,692 | €25,604 | -€5,087 | -16.6% |
| Other amounts payable | 47/48 | €184,469 | €114,993 | -€69,476 | -37.7% |
| Remuneration, social security and pensions | 62 | €193,927 | €173,157 | -€20,769 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,654 | €31,370 | -€3,284 | -9.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,766 | +€36,766 | |
| Other operating charges | 640/8 | €12,217 | €11,753 | -€464 | -3.8% |
| Non-recurring operating charges | 66A | - | €11,190 | +€11,190 | |
| Gross operating margin | 9900 | €325,407 | €493,913 | +€168,506 | +51.8% |
| Operating profit (loss) | 9901 | €84,610 | €229,677 | +€145,068 | +171% |
| Financial income | 75/76B | €12,376 | €19,314 | +€6,938 | +56.1% |
| Recurring financial income | 75 | €12,365 | €11,455 | -€909 | -7.4% |
| Non-recurring financial income | 76B | €12 | €7,859 | +€7,847 | +67,708% |
| Financial charges | 65/66B | €20,980 | €21,832 | +€852 | +4.1% |
| Recurring financial charges | 65 | €20,980 | €21,832 | +€852 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €76,005 | €227,159 | +€151,154 | +199% |
| Income taxes | 67/77 | €26,114 | €44,448 | +€18,334 | +70.2% |
| Profit (loss) for the period | 9904 | €49,891 | €182,711 | +€132,820 | +266% |
| Transfer to tax-exempt reserves | 689 | €721 | €57,556 | +€56,835 | +7,883% |
| Profit (loss) for the period to be appropriated | 9905 | €49,170 | €125,155 | +€75,985 | +155% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.