RS ADVICE: 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.
RS ADVICE
Largest movements
- Current investments +€7,250
up €7,250 (+23.2%), from €31,249 to €38,499
- Receivables within one year +€6,293
up €6,293 (+12.6%), from €50,134 to €56,427
of which Trade receivables: +€34,762
- Tangible fixed assets -€5,519
down €5,519 (-71.9%), from €7,677 to €2,158
of which Furniture and vehicles: -€6,770
- Debts after one year +€37,000
new in 2025: €37,000
- Trade debts -€31,809
down €31,809 (-85.7%), from €37,109 to €5,301
- Contributions -€21,406
down €21,406 (-25.0%), from €85,592 to €64,186
- Profit (loss) carried forward +€19,006
up €19,006 (+51.0%), from -€37,287 to -€18,281
- Tax, wage and social debts +€4,381
up €4,381 (+78.1%), from €5,607 to €9,989
- Gross operating margin +€38,804
up €38,804 (+475.2%), from €8,165 to €46,969
- Other operating charges +€10,054
up €10,054 (+683.9%), from €1,470 to €11,524
- Taxes +€6,590
up €6,590 (+215.7%), from €3,056 to €9,645
- Financial charges +€6,095
up €6,095 (+2460.8%), from €248 to €6,343
- Financial income -€713
down €713 (-97.7%), from €730 to €17
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 | €92,881 | €100,053 | +€7,173 | +7.7% |
| Fixed assets | 21/28 | €7,677 | €2,158 | -€5,519 | -71.9% |
| Tangible fixed assets | 22/27 | €7,677 | €2,158 | -€5,519 | -71.9% |
| Plant, machinery and equipment | 23 | €907 | €468 | -€438 | -48.4% |
| Furniture and vehicles | 24 | €6,770 | - | -€6,770 | |
| Other tangible fixed assets | 26 | - | €1,690 | +€1,690 | |
| Current assets | 29/58 | €85,204 | €97,895 | +€12,691 | +14.9% |
| Amounts receivable within one year | 40/41 | €50,134 | €56,427 | +€6,293 | +12.6% |
| Trade receivables | 40 | €21,665 | €56,427 | +€34,762 | +160.5% |
| Other amounts receivable | 41 | €28,469 | - | -€28,469 | |
| Current investments | 50/53 | €31,249 | €38,499 | +€7,250 | +23.2% |
| Cash at bank and in hand | 54/58 | €3,186 | €2,969 | -€217 | -6.8% |
| Deferred charges and accrued income | 490/1 | €634 | - | -€634 | |
| Total equity and liabilities | 10/49 | €92,881 | €100,053 | +€7,173 | +7.7% |
| Equity | 10/15 | €50,164 | €47,764 | -€2,400 | -4.8% |
| Contributions | 10/11 | €85,592 | €64,186 | -€21,406 | -25.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€37,287 | -€18,281 | +€19,006 | +51.0% |
| Amounts payable | 17/49 | €42,717 | €52,289 | +€9,572 | +22.4% |
| Amounts payable after more than one year | 17 | - | €37,000 | +€37,000 | |
| Financial debts | 170/4 | - | €37,000 | +€37,000 | |
| Amounts payable within one year | 42/48 | €42,717 | €15,289 | -€27,428 | -64.2% |
| Trade debts | 44 | €37,109 | €5,301 | -€31,809 | -85.7% |
| Suppliers | 440/4 | €37,109 | €5,301 | -€31,809 | -85.7% |
| Taxes, remuneration and social security | 45 | €5,607 | €9,989 | +€4,381 | +78.1% |
| Taxes | 450/3 | €5,607 | €9,989 | +€4,381 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €467 | +€113 | +32.0% |
| Other operating charges | 640/8 | €1,470 | €11,524 | +€10,054 | +683.9% |
| Gross operating margin | 9900 | €8,165 | €46,969 | +€38,804 | +475.2% |
| Operating profit (loss) | 9901 | €6,341 | €34,978 | +€28,636 | +451.6% |
| Financial income | 75/76B | €730 | €17 | -€713 | -97.7% |
| Recurring financial income | 75 | €730 | €17 | -€713 | -97.7% |
| Financial charges | 65/66B | €248 | €6,343 | +€6,095 | +2460.8% |
| Recurring financial charges | 65 | €248 | €6,343 | +€6,095 | +2460.8% |
| Profit (loss) for the period before taxes | 9903 | €6,823 | €28,652 | +€21,828 | +319.9% |
| Income taxes | 67/77 | €3,056 | €9,645 | +€6,590 | +215.7% |
| Profit (loss) for the period | 9904 | €3,768 | €19,006 | +€15,239 | +404.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,768 | €19,006 | +€15,239 | +404.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.