RGS: 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.
RGS
Largest movements
- Receivables within one year +€32,385
up €32,385 (+102.8%), from €31,514 to €63,899
of which Other amounts receivable: +€42,416
- Tangible fixed assets -€1,992
down €1,992 (-61.8%), from €3,222 to €1,230
of which Furniture and vehicles: -€1,900
- Reserves +€18,541
up €18,541 (+127.1%), from €14,587 to €33,129
- Other debts +€10,102
up €10,102 (+79.0%), from €12,785 to €22,888
- Tax, wage and social debts +€7,539
up €7,539 (+121.9%), from €6,185 to €13,725
of which Taxes: +€6,427
- Trade debts -€5,415
down €5,415 (-46.2%), from €11,721 to €6,305
- Financial income +€1,868
up €1,868 (+334.3%), from €559 to €2,427
- Gross operating margin -€1,834
down €1,834 (-5.0%), from €36,756 to €34,922
- Financial charges +€603
up €603 (+228.2%), from €264 to €867
- Taxes +€482
up €482 (+10.2%), from €4,701 to €5,183
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,278 | €79,059 | +€30,780 | +63.8% |
| Fixed assets | 21/28 | €3,222 | €1,230 | -€1,992 | -61.8% |
| Tangible fixed assets | 22/27 | €3,222 | €1,230 | -€1,992 | -61.8% |
| Plant, machinery and equipment | 23 | €276 | €184 | -€92 | -33.2% |
| Furniture and vehicles | 24 | €2,946 | €1,046 | -€1,900 | -64.5% |
| Current assets | 29/58 | €45,057 | €77,828 | +€32,772 | +72.7% |
| Amounts receivable after more than one year | 29 | €13,537 | €13,929 | +€393 | +2.9% |
| Other amounts receivable | 291 | €13,537 | €13,929 | +€393 | +2.9% |
| Amounts receivable within one year | 40/41 | €31,514 | €63,899 | +€32,385 | +102.8% |
| Trade receivables | 40 | €17,345 | €7,314 | -€10,031 | -57.8% |
| Other amounts receivable | 41 | €14,169 | €56,585 | +€42,416 | +299.4% |
| Cash at bank and in hand | 54/58 | €6 | - | -€6 | |
| Total equity and liabilities | 10/49 | €48,278 | €79,059 | +€30,780 | +63.8% |
| Equity | 10/15 | €16,587 | €35,129 | +€18,541 | +111.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,587 | €33,129 | +€18,541 | +127.1% |
| Distributable reserves | 133 | €14,587 | €33,129 | +€18,541 | +127.1% |
| Amounts payable | 17/49 | €31,691 | €43,930 | +€12,239 | +38.6% |
| Amounts payable within one year | 42/48 | €30,691 | €42,930 | +€12,239 | +39.9% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €11,721 | €6,305 | -€5,415 | -46.2% |
| Suppliers | 440/4 | €11,721 | €6,305 | -€5,415 | -46.2% |
| Taxes, remuneration and social security | 45 | €6,185 | €13,725 | +€7,539 | +121.9% |
| Taxes | 450/3 | €6,185 | €12,612 | +€6,427 | +103.9% |
| Remuneration and social security | 454/9 | - | €1,113 | +€1,113 | |
| Other amounts payable | 47/48 | €12,785 | €22,888 | +€10,102 | +79.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,980 | €1,992 | +€12 | +0.6% |
| Other operating charges | 640/8 | €513 | €766 | +€253 | +49.3% |
| Gross operating margin | 9900 | €36,756 | €34,922 | -€1,834 | -5.0% |
| Operating profit (loss) | 9901 | €34,263 | €32,164 | -€2,099 | -6.1% |
| Financial income | 75/76B | €559 | €2,427 | +€1,868 | +334.3% |
| Recurring financial income | 75 | €559 | €2,427 | +€1,868 | +334.3% |
| Financial charges | 65/66B | €264 | €867 | +€603 | +228.2% |
| Recurring financial charges | 65 | €264 | €867 | +€603 | +228.2% |
| Profit (loss) for the period before taxes | 9903 | €34,558 | €33,724 | -€833 | -2.4% |
| Income taxes | 67/77 | €4,701 | €5,183 | +€482 | +10.2% |
| Profit (loss) for the period | 9904 | €29,857 | €28,541 | -€1,315 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,857 | €28,541 | -€1,315 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.