R&S ASSUR': what changed
R&S ASSUR'
Largest movements
- Receivables within one year -€18,132
down €18,132 (-18.3%), from €99,339 to €81,207
of which Trade receivables: -€24,545
- Tangible fixed assets -€7,422
down €7,422 (-6.7%), from €110,976 to €103,554
- Cash +€7,419
up €7,419 (+399%), from €1,859 to €9,278
mainly Receivables within one year (+€18,132) and Depreciation (+€7,422)
- Profit (loss) carried forward +€27,050
up €27,050, from -€4,115 to €22,935
- Reserves -€25,593
down €25,593 (-80.5%), from €31,796 to €6,202
of which Distributable reserves: -€25,593
- Tax, wage and social debts -€9,299
down €9,299 (-61.9%), from €15,032 to €5,733
of which Remuneration and social security: -€5,428
- Revaluation surpluses -€6,398
down €6,398 (-6.2%), from €102,374 to €95,976
- Debts after one year -€2,613
down €2,613 (-66.2%), from €3,944 to €1,332
- Gross operating margin -€27,883
down €27,883 (-82.1%), from €33,955 to €6,073
- Staff costs -€17,471
down €17,471 (-97.1%), from €17,995 to €524
- Taxes -€3,529
down €3,529 (-56.3%), from €6,270 to €2,741
- Other operating charges -€772
down €772 (-61.9%), from €1,248 to €476
- Financial charges -€493
down €493 (-63.1%), from €782 to €288
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,208 | €200,205 | -€17,002 | -7.8% |
| Fixed assets | 21/28 | €110,976 | €103,554 | -€7,422 | -6.7% |
| Tangible fixed assets | 22/27 | €110,976 | €103,554 | -€7,422 | -6.7% |
| Land and buildings | 22 | €110,976 | €103,554 | -€7,422 | -6.7% |
| Current assets | 29/58 | €106,231 | €96,651 | -€9,581 | -9.0% |
| Amounts receivable after more than one year | 29 | €5,022 | €5,022 | = | 0.0% |
| Other amounts receivable | 291 | €5,022 | €5,022 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €99,339 | €81,207 | -€18,132 | -18.3% |
| Trade receivables | 40 | €69,413 | €44,868 | -€24,545 | -35.4% |
| Other amounts receivable | 41 | €29,927 | €36,340 | +€6,413 | +21.4% |
| Cash at bank and in hand | 54/58 | €1,859 | €9,278 | +€7,419 | +399% |
| Deferred charges and accrued income | 490/1 | €11 | €1,144 | +€1,133 | +10,401% |
| Total equity and liabilities | 10/49 | €217,208 | €200,205 | -€17,002 | -7.8% |
| Equity | 10/15 | €192,078 | €187,136 | -€4,941 | -2.6% |
| Contributions | 10/11 | €62,023 | €62,023 | = | 0.0% |
| Capital | 10 | €62,023 | €62,023 | = | 0.0% |
| Issued capital | 100 | €62,023 | €62,023 | = | 0.0% |
| Revaluation surpluses | 12 | €102,374 | €95,976 | -€6,398 | -6.2% |
| Reserves | 13 | €31,796 | €6,202 | -€25,593 | -80.5% |
| Non-distributable reserves | 130/1 | €6,202 | €6,202 | = | 0.0% |
| Legal reserve | 130 | €6,202 | €6,202 | = | 0.0% |
| Distributable reserves | 133 | €25,593 | - | -€25,593 | |
| Profit (loss) carried forward | 14 | -€4,115 | €22,935 | +€27,050 | |
| Amounts payable | 17/49 | €25,130 | €13,069 | -€12,061 | -48.0% |
| Amounts payable after more than one year | 17 | €3,944 | €1,332 | -€2,613 | -66.2% |
| Financial debts | 170/4 | €3,944 | €1,332 | -€2,613 | -66.2% |
| Amounts payable within one year | 42/48 | €17,579 | €8,346 | -€9,234 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €2,547 | €2,613 | +€66 | +2.6% |
| Taxes, remuneration and social security | 45 | €15,032 | €5,733 | -€9,299 | -61.9% |
| Taxes | 450/3 | €9,605 | €5,733 | -€3,872 | -40.3% |
| Remuneration and social security | 454/9 | €5,428 | - | -€5,428 | |
| Accrued charges and deferred income | 492/3 | €3,606 | €3,392 | -€215 | -6.0% |
| Remuneration, social security and pensions | 62 | €17,995 | €524 | -€17,471 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,422 | €7,422 | = | 0.0% |
| Other operating charges | 640/8 | €1,248 | €476 | -€772 | -61.9% |
| Gross operating margin | 9900 | €33,955 | €6,073 | -€27,883 | -82.1% |
| Operating profit (loss) | 9901 | €7,291 | -€2,349 | -€9,640 | |
| Financial income | 75/76B | €657 | €438 | -€219 | -33.4% |
| Recurring financial income | 75 | €657 | €438 | -€219 | -33.4% |
| Financial charges | 65/66B | €782 | €288 | -€493 | -63.1% |
| Recurring financial charges | 65 | €782 | €288 | -€493 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €7,166 | -€2,200 | -€9,366 | |
| Income taxes | 67/77 | €6,270 | €2,741 | -€3,529 | -56.3% |
| Profit (loss) for the period | 9904 | €895 | -€4,941 | -€5,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €895 | -€4,941 | -€5,837 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.