RBS.33: what changed
Two fiscal 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.
RBS.33
Largest movements
- Receivables within one year -€39,834
down €39,834 (-31.4%), from €126,794 to €86,960
of which Other amounts receivable: -€27,264
- Tangible fixed assets -€13,220
down €13,220 (-46.7%), from €28,320 to €15,100
of which Leasing and similar rights: -€12,090
- Deferred charges and accrued income -€3,298
no longer reported in 2025 (was €3,298)
- Reserves -€80,703
down €80,703 (-56.6%), from €142,703 to €62,000
- Other debts +€39,153
up €39,153 (+2350.1%), from €1,666 to €40,819
- Debts after one year -€10,452
down €10,452 (-74.5%), from €14,028 to €3,576
- Trade debts -€2,599
down €2,599 (-36.4%), from €7,138 to €4,539
- Gross operating margin -€5,905
down €5,905 (-6.4%), from €92,137 to €86,232
- Financial income +€3,919
up €3,919 (+414.8%), from €945 to €4,864
of which Financial income: +€4,847
- Staff costs +€3,633
up €3,633 (+20.8%), from €17,482 to €21,115
- Depreciation -€2,375
down €2,375 (-15.2%), from €15,596 to €13,220
- Other operating charges +€1,291
up €1,291 (+70.6%), from €1,828 to €3,119
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.
Cash bridge derived
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 | €195,217 | €139,196 | -€56,021 | -28.7% |
| Fixed assets | 21/28 | €28,320 | €15,100 | -€13,220 | -46.7% |
| Tangible fixed assets | 22/27 | €28,320 | €15,100 | -€13,220 | -46.7% |
| Plant, machinery and equipment | 23 | €115 | - | -€115 | |
| Furniture and vehicles | 24 | €1,398 | €382 | -€1,016 | -72.7% |
| Leasing and similar rights | 25 | €26,808 | €14,718 | -€12,090 | -45.1% |
| Current assets | 29/58 | €166,897 | €124,096 | -€42,801 | -25.6% |
| Amounts receivable within one year | 40/41 | €126,794 | €86,960 | -€39,834 | -31.4% |
| Trade receivables | 40 | €25,646 | €13,077 | -€12,570 | -49.0% |
| Other amounts receivable | 41 | €101,148 | €73,884 | -€27,264 | -27.0% |
| Cash at bank and in hand | 54/58 | €36,804 | €37,136 | +€331 | +0.9% |
| Deferred charges and accrued income | 490/1 | €3,298 | - | -€3,298 | |
| Total equity and liabilities | 10/49 | €195,217 | €139,196 | -€56,021 | -28.7% |
| Equity | 10/15 | €146,703 | €66,000 | -€80,703 | -55.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €142,703 | €62,000 | -€80,703 | -56.6% |
| Distributable reserves | 133 | €142,703 | €62,000 | -€80,703 | -56.6% |
| Amounts payable | 17/49 | €48,514 | €73,196 | +€24,681 | +50.9% |
| Amounts payable after more than one year | 17 | €14,028 | €3,576 | -€10,452 | -74.5% |
| Financial debts | 170/4 | €14,028 | €3,576 | -€10,452 | -74.5% |
| Amounts payable within one year | 42/48 | €34,486 | €69,620 | +€35,134 | +101.9% |
| Current portion of amounts payable after more than one year | 42 | €11,512 | €10,452 | -€1,060 | -9.2% |
| Trade debts | 44 | €7,138 | €4,539 | -€2,599 | -36.4% |
| Suppliers | 440/4 | €7,138 | €4,539 | -€2,599 | -36.4% |
| Taxes, remuneration and social security | 45 | €14,170 | €13,810 | -€360 | -2.5% |
| Taxes | 450/3 | €11,250 | €12,978 | +€1,728 | +15.4% |
| Remuneration and social security | 454/9 | €2,920 | €832 | -€2,088 | -71.5% |
| Other amounts payable | 47/48 | €1,666 | €40,819 | +€39,153 | +2350.1% |
| Remuneration, social security and pensions | 62 | €17,482 | €21,115 | +€3,633 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,596 | €13,220 | -€2,375 | -15.2% |
| Other operating charges | 640/8 | €1,828 | €3,119 | +€1,291 | +70.6% |
| Gross operating margin | 9900 | €92,137 | €86,232 | -€5,905 | -6.4% |
| Operating profit (loss) | 9901 | €57,231 | €48,777 | -€8,454 | -14.8% |
| Financial income | 75/76B | €945 | €4,864 | +€3,919 | +414.8% |
| Recurring financial income | 75 | €17 | €4,864 | +€4,847 | +28885.3% |
| Non-recurring financial income | 76B | €928 | - | -€928 | |
| Financial charges | 65/66B | €636 | €714 | +€78 | +12.3% |
| Recurring financial charges | 65 | €636 | €714 | +€78 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €57,540 | €52,927 | -€4,613 | -8.0% |
| Income taxes | 67/77 | €13,257 | €12,109 | -€1,148 | -8.7% |
| Profit (loss) for the period | 9904 | €44,283 | €40,819 | -€3,465 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,283 | €40,819 | -€3,465 | -7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.