RGS MACHINING & COMPONENTS: 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.
RGS MACHINING & COMPONENTS
Largest movements
- Tangible fixed assets -€41,144
down €41,144 (-34.8%), from €118,117 to €76,973
of which Plant, machinery and equipment: -€35,153
- Cash +€25,000
up €25,000 (+57.7%), from €43,320 to €68,320
mainly Depreciation (+€40,969) and Receivables within one year (+€14,863)
- Receivables within one year -€14,863
down €14,863 (-23.0%), from €64,514 to €49,651
of which Other amounts receivable: -€8,431
- Stocks and contracts +€14,483
up €14,483 (+63.3%), from €22,865 to €37,348
- Trade debts -€15,686
down €15,686 (-57.3%), from €27,396 to €11,710
- Debts after one year -€14,378
down €14,378 (-23.8%), from €60,442 to €46,064
- Tax, wage and social debts +€10,583
up €10,583 (+36.9%), from €28,659 to €39,241
of which Taxes: +€13,588
- Gross operating margin -€3,995
down €3,995 (-1.2%), from €322,114 to €318,119
- Depreciation +€3,681
up €3,681 (+9.9%), from €37,288 to €40,969
- Staff costs +€3,415
up €3,415 (+1.3%), from €259,074 to €262,489
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 | €261,867 | €242,479 | -€19,387 | -7.4% |
| Fixed assets | 21/28 | €127,433 | €84,135 | -€43,298 | -34.0% |
| Intangible fixed assets | 21 | €9,317 | €7,163 | -€2,154 | -23.1% |
| Tangible fixed assets | 22/27 | €118,117 | €76,973 | -€41,144 | -34.8% |
| Plant, machinery and equipment | 23 | €104,306 | €69,153 | -€35,153 | -33.7% |
| Furniture and vehicles | 24 | €13,811 | €7,820 | -€5,991 | -43.4% |
| Current assets | 29/58 | €134,433 | €158,344 | +€23,910 | +17.8% |
| Stocks and contracts in progress | 3 | €22,865 | €37,348 | +€14,483 | +63.3% |
| Stocks | 30/36 | €22,865 | €37,348 | +€14,483 | +63.3% |
| Amounts receivable within one year | 40/41 | €64,514 | €49,651 | -€14,863 | -23.0% |
| Trade receivables | 40 | €55,762 | €49,331 | -€6,432 | -11.5% |
| Other amounts receivable | 41 | €8,752 | €320 | -€8,431 | -96.3% |
| Cash at bank and in hand | 54/58 | €43,320 | €68,320 | +€25,000 | +57.7% |
| Deferred charges and accrued income | 490/1 | €3,735 | €3,025 | -€710 | -19.0% |
| Total equity and liabilities | 10/49 | €261,867 | €242,479 | -€19,387 | -7.4% |
| Equity | 10/15 | €25,721 | €25,816 | +€95 | +0.4% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €12,121 | €12,216 | +€95 | +0.8% |
| Distributable reserves | 133 | €12,121 | €12,216 | +€95 | +0.8% |
| Amounts payable | 17/49 | €236,146 | €216,663 | -€19,483 | -8.3% |
| Amounts payable after more than one year | 17 | €60,442 | €46,064 | -€14,378 | -23.8% |
| Financial debts | 170/4 | €60,442 | €46,064 | -€14,378 | -23.8% |
| Amounts payable within one year | 42/48 | €172,376 | €167,515 | -€4,861 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €14,136 | €14,378 | +€243 | +1.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €27,396 | €11,710 | -€15,686 | -57.3% |
| Suppliers | 440/4 | €27,396 | €11,710 | -€15,686 | -57.3% |
| Taxes, remuneration and social security | 45 | €28,659 | €39,241 | +€10,583 | +36.9% |
| Taxes | 450/3 | €4,754 | €18,342 | +€13,588 | +286% |
| Remuneration and social security | 454/9 | €23,905 | €20,899 | -€3,006 | -12.6% |
| Other amounts payable | 47/48 | €2,186 | €2,186 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,328 | €3,084 | -€244 | -7.3% |
| Non-recurring operating income | 76A | - | €1,063 | +€1,063 | |
| Remuneration, social security and pensions | 62 | €259,074 | €262,489 | +€3,415 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,288 | €40,969 | +€3,681 | +9.9% |
| Other operating charges | 640/8 | €5,508 | €5,458 | -€50 | -0.9% |
| Gross operating margin | 9900 | €322,114 | €318,119 | -€3,995 | -1.2% |
| Operating profit (loss) | 9901 | €20,244 | €9,203 | -€11,041 | -54.5% |
| Financial income | 75/76B | €697 | €507 | -€191 | -27.3% |
| Recurring financial income | 75 | €697 | €507 | -€191 | -27.3% |
| Financial charges | 65/66B | €10,532 | €7,457 | -€3,075 | -29.2% |
| Recurring financial charges | 65 | €10,532 | €7,457 | -€3,075 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €10,409 | €2,252 | -€8,157 | -78.4% |
| Income taxes | 67/77 | €884 | €2,157 | +€1,272 | +144% |
| Profit (loss) for the period | 9904 | €9,524 | €95 | -€9,429 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,524 | €95 | -€9,429 | -99.0% |
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 25 October 2026 via checked.be.