R.G.S.: 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.G.S.
Largest movements
- Receivables within one year +€2,156
up €2,156 (+217%), from €992 to €3,148
of which Trade receivables: +€2,186
- Cash -€1,265
down €1,265 (-3.3%), from €38,203 to €36,938
mainly Contributions, distributions and other (-€3,000) and Other debts (-€2,933)
- Deferred charges and accrued income -€1,116
down €1,116 (-65.0%), from €1,717 to €601
- Profit (loss) carried forward +€4,056
up €4,056 (+77.4%), from €5,240 to €9,295
- Other debts -€2,933
down €2,933 (-97.8%), from €3,000 to €67
- Tax, wage and social debts -€990
down €990 (-44.0%), from €2,250 to €1,260
- Other operating charges -€806
no longer reported in 2025 (was €806)
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 | €40,912 | €40,687 | -€225 | -0.5% |
| Current assets | 29/58 | €40,912 | €40,687 | -€225 | -0.5% |
| Amounts receivable within one year | 40/41 | €992 | €3,148 | +€2,156 | +217% |
| Trade receivables | 40 | €906 | €3,092 | +€2,186 | +241% |
| Other amounts receivable | 41 | €86 | €57 | -€30 | -34.4% |
| Cash at bank and in hand | 54/58 | €38,203 | €36,938 | -€1,265 | -3.3% |
| Deferred charges and accrued income | 490/1 | €1,717 | €601 | -€1,116 | -65.0% |
| Total equity and liabilities | 10/49 | €40,912 | €40,687 | -€225 | -0.5% |
| Equity | 10/15 | €35,304 | €39,360 | +€4,056 | +11.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €23,859 | €23,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,240 | €9,295 | +€4,056 | +77.4% |
| Amounts payable | 17/49 | €5,608 | €1,328 | -€4,281 | -76.3% |
| Amounts payable within one year | 42/48 | €5,608 | €1,328 | -€4,281 | -76.3% |
| Trade debts | 44 | €358 | - | -€358 | |
| Suppliers | 440/4 | €358 | - | -€358 | |
| Taxes, remuneration and social security | 45 | €2,250 | €1,260 | -€990 | -44.0% |
| Taxes | 450/3 | €2,250 | €1,260 | -€990 | -44.0% |
| Other amounts payable | 47/48 | €3,000 | €67 | -€2,933 | -97.8% |
| Other operating charges | 640/8 | €806 | - | -€806 | |
| Gross operating margin | 9900 | €8,428 | €8,476 | +€48 | +0.6% |
| Operating profit (loss) | 9901 | €7,623 | €8,476 | +€853 | +11.2% |
| Financial income | 75/76B | €143 | €154 | +€11 | +7.7% |
| Recurring financial income | 75 | €143 | €154 | +€11 | +7.7% |
| Financial charges | 65/66B | €173 | €189 | +€16 | +9.0% |
| Recurring financial charges | 65 | €173 | €189 | +€16 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €7,592 | €8,441 | +€849 | +11.2% |
| Income taxes | 67/77 | €1,343 | €1,385 | +€43 | +3.2% |
| Profit (loss) for the period | 9904 | €6,249 | €7,056 | +€806 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,249 | €7,056 | +€806 | +12.9% |
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 31 October 2026 via checked.be.