RS BUILD & IMMO: 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.
RS BUILD & IMMO
Largest movements
- Stocks and contracts +€263,906
up €263,906 (+83.2%), from €317,357 to €581,263
- Receivables within one year +€12,819
up €12,819 (+335%), from €3,830 to €16,648
of which Trade receivables: +€12,562
- Short-term financial debts +€155,000
up €155,000 (+63.3%), from €245,000 to €400,000
- Other debts +€129,897
up €129,897 (+126%), from €102,704 to €232,601
- Profit (loss) carried forward -€22,787
down €22,787 (-449%), from -€5,073 to -€27,860
- Trade debts +€10,140
up €10,140 (+9,114%), from €111 to €10,251
- Financial charges +€18,663
up €18,663 (+1,654%), from €1,128 to €19,791
- Gross operating margin +€3,278
up €3,278, from -€2,792 to €485
- Other operating charges +€1,518
up €1,518 (+77.0%), from €1,971 to €3,489
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 | €346,406 | €622,946 | +€276,540 | +79.8% |
| Current assets | 29/58 | €346,406 | €622,946 | +€276,540 | +79.8% |
| Stocks and contracts in progress | 3 | €317,357 | €581,263 | +€263,906 | +83.2% |
| Stocks | 30/36 | €317,357 | €581,263 | +€263,906 | +83.2% |
| Amounts receivable within one year | 40/41 | €3,830 | €16,648 | +€12,819 | +335% |
| Trade receivables | 40 | €3,830 | €16,392 | +€12,562 | +328% |
| Other amounts receivable | 41 | - | €257 | +€257 | |
| Cash at bank and in hand | 54/58 | €24,466 | €24,672 | +€206 | +0.8% |
| Deferred charges and accrued income | 490/1 | €752 | €363 | -€390 | -51.8% |
| Total equity and liabilities | 10/49 | €346,406 | €622,946 | +€276,540 | +79.8% |
| Equity | 10/15 | -€1,573 | -€24,360 | -€22,787 | -1,449% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,073 | -€27,860 | -€22,787 | -449% |
| Amounts payable | 17/49 | €347,979 | €647,306 | +€299,328 | +86.0% |
| Amounts payable within one year | 42/48 | €347,979 | €647,306 | +€299,328 | +86.0% |
| Financial debts | 43 | €245,000 | €400,000 | +€155,000 | +63.3% |
| Credit institutions | 430/8 | €245,000 | €400,000 | +€155,000 | +63.3% |
| Trade debts | 44 | €111 | €10,251 | +€10,140 | +9,114% |
| Suppliers | 440/4 | €111 | €10,251 | +€10,140 | +9,114% |
| Taxes, remuneration and social security | 45 | €164 | €4,454 | +€4,291 | +2,622% |
| Taxes | 450/3 | €164 | €4,454 | +€4,291 | +2,622% |
| Other amounts payable | 47/48 | €102,704 | €232,601 | +€129,897 | +126% |
| Other operating charges | 640/8 | €1,971 | €3,489 | +€1,518 | +77.0% |
| Gross operating margin | 9900 | -€2,792 | €485 | +€3,278 | |
| Operating profit (loss) | 9901 | -€4,763 | -€3,004 | +€1,760 | +36.9% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €1,128 | €19,791 | +€18,663 | +1,654% |
| Recurring financial charges | 65 | €1,128 | €19,791 | +€18,663 | +1,654% |
| Profit (loss) for the period before taxes | 9903 | -€5,891 | -€22,787 | -€16,896 | -287% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,891 | -€22,787 | -€16,896 | -287% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,891 | -€22,787 | -€16,896 | -287% |
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 23 October 2026 via checked.be.