R.S. TRADING: 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.S. TRADING
Largest movements
- Cash +€571,647
up €571,647 (+38.6%), from €1.5m to €2.1m
mainly Net result for the year (+€730,883) and Tax, wage and social debts (+€2,294)
- Receivables within one year +€113,110
up €113,110 (+18.7%), from €606,280 to €719,390
- Reserves +€730,883
up €730,883 (+15.2%), from €4.8m to €5.5m
- Financial income +€100,502
up €100,502 (+15.5%), from €648,917 to €749,419
- Gross operating margin +€2,047
up €2,047 (+22.7%), from -€9,008 to -€6,961
- Taxes +€437
up €437 (+4.4%), from €9,857 to €10,294
- Other operating charges -€226
down €226 (-15.8%), from €1,432 to €1,206
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 | €6,733,469 | €7,467,645 | +€734,176 | +10.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,900,000 | €1,900,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,900,000 | €1,900,000 | = | 0.0% |
| Current assets | 29/58 | €4,833,469 | €5,567,645 | +€734,176 | +15.2% |
| Amounts receivable after more than one year | 29 | €2,698,414 | €2,747,177 | +€48,763 | +1.8% |
| Other amounts receivable | 291 | €2,698,414 | €2,747,177 | +€48,763 | +1.8% |
| Amounts receivable within one year | 40/41 | €606,280 | €719,390 | +€113,110 | +18.7% |
| Other amounts receivable | 41 | €606,280 | €719,390 | +€113,110 | +18.7% |
| Cash at bank and in hand | 54/58 | €1,479,858 | €2,051,504 | +€571,647 | +38.6% |
| Deferred charges and accrued income | 490/1 | €48,917 | €49,574 | +€657 | +1.3% |
| Total equity and liabilities | 10/49 | €6,733,469 | €7,467,645 | +€734,176 | +10.9% |
| Equity | 10/15 | €6,729,612 | €7,460,495 | +€730,883 | +10.9% |
| Contributions | 10/11 | €1,915,000 | €1,915,000 | = | 0.0% |
| Reserves | 13 | €4,814,612 | €5,545,495 | +€730,883 | +15.2% |
| Distributable reserves | 133 | €4,814,612 | €5,545,495 | +€730,883 | +15.2% |
| Amounts payable | 17/49 | €3,857 | €7,150 | +€3,293 | +85.4% |
| Amounts payable within one year | 42/48 | €3,857 | €7,150 | +€3,293 | +85.4% |
| Trade debts | 44 | €2,000 | €2,998 | +€998 | +49.9% |
| Suppliers | 440/4 | €2,000 | €2,998 | +€998 | +49.9% |
| Taxes, remuneration and social security | 45 | €1,857 | €4,152 | +€2,294 | +124% |
| Taxes | 450/3 | €1,857 | €4,152 | +€2,294 | +124% |
| Other operating charges | 640/8 | €1,432 | €1,206 | -€226 | -15.8% |
| Gross operating margin | 9900 | -€9,008 | -€6,961 | +€2,047 | +22.7% |
| Operating profit (loss) | 9901 | -€10,440 | -€8,167 | +€2,273 | +21.8% |
| Financial income | 75/76B | €648,917 | €749,419 | +€100,502 | +15.5% |
| Recurring financial income | 75 | €648,917 | €749,419 | +€100,502 | +15.5% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €638,403 | €741,177 | +€102,774 | +16.1% |
| Income taxes | 67/77 | €9,857 | €10,294 | +€437 | +4.4% |
| Profit (loss) for the period | 9904 | €628,546 | €730,883 | +€102,337 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €628,546 | €730,883 | +€102,337 | +16.3% |
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 30 October 2026 via checked.be.