RG SERVICES: 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.
RG SERVICES
Largest movements
- Receivables within one year +€41,418
up €41,418 (+21.9%), from €189,201 to €230,619
of which Trade receivables: +€49,046
- Cash +€11,735
up €11,735 (+51.6%), from €22,763 to €34,498
mainly Net result for the year (+€80,825) and Tax, wage and social debts (+€34,956)
- Profit (loss) carried forward +€58,773
up €58,773 (+519.5%), from €11,313 to €70,086
- Trade debts -€52,481
down €52,481 (-32.2%), from €162,995 to €110,513
- Tax, wage and social debts +€34,956
up €34,956 (+84.8%), from €41,234 to €76,190
of which Taxes: +€25,967
- Other debts +€11,074
new in 2025: €11,074
- Gross operating margin +€112,060
up €112,060 (+93.4%), from €119,983 to €232,043
- Taxes +€27,767
up €27,767 (+152.0%), from €18,267 to €46,034
- Other operating charges +€17,528
up €17,528 (+211.1%), from €8,304 to €25,832
- Staff costs +€15,602
up €15,602 (+28.8%), from €54,251 to €69,853
- Financial charges -€8,792
down €8,792 (-55.9%), from €15,737 to €6,945
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 | €219,783 | €271,709 | +€51,926 | +23.6% |
| Fixed assets | 21/28 | €7,517 | €6,592 | -€925 | -12.3% |
| Tangible fixed assets | 22/27 | €6,664 | €5,739 | -€925 | -13.9% |
| Furniture and vehicles | 24 | €6,664 | €5,739 | -€925 | -13.9% |
| Financial fixed assets | 28 | €852 | €852 | = | 0.0% |
| Current assets | 29/58 | €212,266 | €265,117 | +€52,851 | +24.9% |
| Amounts receivable within one year | 40/41 | €189,201 | €230,619 | +€41,418 | +21.9% |
| Trade receivables | 40 | €166,383 | €215,429 | +€49,046 | +29.5% |
| Other amounts receivable | 41 | €22,818 | €15,190 | -€7,628 | -33.4% |
| Cash at bank and in hand | 54/58 | €22,763 | €34,498 | +€11,735 | +51.6% |
| Deferred charges and accrued income | 490/1 | €302 | - | -€302 | |
| Total equity and liabilities | 10/49 | €219,783 | €271,709 | +€51,926 | +23.6% |
| Equity | 10/15 | €13,313 | €72,086 | +€58,773 | +441.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,313 | €70,086 | +€58,773 | +519.5% |
| Amounts payable | 17/49 | €206,470 | €199,623 | -€6,847 | -3.3% |
| Amounts payable within one year | 42/48 | €206,470 | €199,623 | -€6,847 | -3.3% |
| Financial debts | 43 | €2,241 | €1,846 | -€396 | -17.6% |
| Credit institutions | 430/8 | €2,241 | €1,846 | -€396 | -17.6% |
| Trade debts | 44 | €162,995 | €110,513 | -€52,481 | -32.2% |
| Suppliers | 440/4 | €162,995 | €110,513 | -€52,481 | -32.2% |
| Taxes, remuneration and social security | 45 | €41,234 | €76,190 | +€34,956 | +84.8% |
| Taxes | 450/3 | €29,381 | €55,348 | +€25,967 | +88.4% |
| Remuneration and social security | 454/9 | €11,852 | €20,841 | +€8,989 | +75.8% |
| Other amounts payable | 47/48 | - | €11,074 | +€11,074 | |
| Remuneration, social security and pensions | 62 | €54,251 | €69,853 | +€15,602 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,563 | €3,238 | +€675 | +26.3% |
| Other operating charges | 640/8 | €8,304 | €25,832 | +€17,528 | +211.1% |
| Gross operating margin | 9900 | €119,983 | €232,043 | +€112,060 | +93.4% |
| Operating profit (loss) | 9901 | €54,864 | €133,119 | +€78,255 | +142.6% |
| Financial income | 75/76B | €2,404 | €685 | -€1,719 | -71.5% |
| Recurring financial income | 75 | €2,404 | €685 | -€1,719 | -71.5% |
| Financial charges | 65/66B | €15,737 | €6,945 | -€8,792 | -55.9% |
| Recurring financial charges | 65 | €15,737 | €6,945 | -€8,792 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €41,532 | €126,859 | +€85,328 | +205.5% |
| Income taxes | 67/77 | €18,267 | €46,034 | +€27,767 | +152.0% |
| Profit (loss) for the period | 9904 | €23,265 | €80,825 | +€57,560 | +247.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,265 | €80,825 | +€57,560 | +247.4% |
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 3 October 2026 via checked.be.