RS COLLECTIONS: 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 COLLECTIONS
Largest movements
- Stocks and contracts +€116,880
up €116,880 (+310.3%), from €37,672 to €154,552
- Receivables within one year -€38,875
down €38,875 (-5.9%), from €658,418 to €619,543
of which Other amounts receivable: -€22,172
- Deferred charges and accrued income +€20,948
up €20,948 (+349.9%), from €5,986 to €26,934
- Tangible fixed assets -€16,259
down €16,259 (-30.1%), from €53,979 to €37,720
of which Furniture and vehicles: -€14,105
- Cash -€12,368
down €12,368 (-32.9%), from €37,616 to €25,248
mainly Net result for the year (-€246,625) and Stocks and contracts (-€116,880)
- Trade debts +€299,316
up €299,316 (+122.3%), from €244,802 to €544,118
- Profit (loss) carried forward -€246,625
down €246,625, from €98,335 to -€148,290
- Debts after one year +€92,370
up €92,370 (+565.0%), from €16,348 to €108,718
- Advances received -€65,240
down €65,240 (-31.5%), from €206,852 to €141,612
- Tax, wage and social debts -€36,384
down €36,384 (-48.3%), from €75,334 to €38,950
of which Taxes: -€33,575
- Gross operating margin -€296,369
down €296,369, from €181,778 to -€114,591
- Staff costs -€46,465
down €46,465 (-21.1%), from €220,497 to €174,032
- Financial income +€38,390
up €38,390 (+122.2%), from €31,428 to €69,818
- Depreciation -€3,561
down €3,561 (-18.0%), from €19,820 to €16,259
- Financial charges +€3,037
up €3,037 (+42.4%), from €7,170 to €10,207
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 | €793,671 | €863,997 | +€70,326 | +8.9% |
| Fixed assets | 21/28 | €53,979 | €37,720 | -€16,259 | -30.1% |
| Tangible fixed assets | 22/27 | €53,979 | €37,720 | -€16,259 | -30.1% |
| Plant, machinery and equipment | 23 | €6,432 | €4,790 | -€1,642 | -25.5% |
| Furniture and vehicles | 24 | €47,035 | €32,930 | -€14,105 | -30.0% |
| Other tangible fixed assets | 26 | €512 | - | -€512 | |
| Current assets | 29/58 | €739,692 | €826,277 | +€86,585 | +11.7% |
| Stocks and contracts in progress | 3 | €37,672 | €154,552 | +€116,880 | +310.3% |
| Stocks | 30/36 | €37,672 | €154,552 | +€116,880 | +310.3% |
| Amounts receivable within one year | 40/41 | €658,418 | €619,543 | -€38,875 | -5.9% |
| Trade receivables | 40 | €610,960 | €594,257 | -€16,703 | -2.7% |
| Other amounts receivable | 41 | €47,458 | €25,286 | -€22,172 | -46.7% |
| Cash at bank and in hand | 54/58 | €37,616 | €25,248 | -€12,368 | -32.9% |
| Deferred charges and accrued income | 490/1 | €5,986 | €26,934 | +€20,948 | +349.9% |
| Total equity and liabilities | 10/49 | €793,671 | €863,997 | +€70,326 | +8.9% |
| Equity | 10/15 | €120,335 | -€126,290 | -€246,625 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,335 | -€148,290 | -€246,625 | |
| Amounts payable | 17/49 | €673,336 | €990,287 | +€316,951 | +47.1% |
| Amounts payable after more than one year | 17 | €16,348 | €108,718 | +€92,370 | +565.0% |
| Financial debts | 170/4 | €16,348 | €108,718 | +€92,370 | +565.0% |
| Amounts payable within one year | 42/48 | €648,988 | €881,569 | +€232,581 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €57,666 | €91,888 | +€34,222 | +59.3% |
| Financial debts | 43 | €22,000 | €25,000 | +€3,000 | +13.6% |
| Credit institutions | 430/8 | €22,000 | €25,000 | +€3,000 | +13.6% |
| Trade debts | 44 | €244,802 | €544,118 | +€299,316 | +122.3% |
| Suppliers | 440/4 | €244,802 | €544,118 | +€299,316 | +122.3% |
| Advances received on contracts in progress | 46 | €206,852 | €141,612 | -€65,240 | -31.5% |
| Taxes, remuneration and social security | 45 | €75,334 | €38,950 | -€36,384 | -48.3% |
| Taxes | 450/3 | €39,635 | €6,060 | -€33,575 | -84.7% |
| Remuneration and social security | 454/9 | €35,699 | €32,890 | -€2,809 | -7.9% |
| Other amounts payable | 47/48 | €42,334 | €40,001 | -€2,333 | -5.5% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Non-recurring operating income | 76A | €1,097 | €115 | -€982 | -89.5% |
| Remuneration, social security and pensions | 62 | €220,497 | €174,032 | -€46,465 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,820 | €16,259 | -€3,561 | -18.0% |
| Other operating charges | 640/8 | €3,190 | €989 | -€2,201 | -69.0% |
| Gross operating margin | 9900 | €181,778 | -€114,591 | -€296,369 | |
| Operating profit (loss) | 9901 | -€61,729 | -€305,871 | -€244,142 | -395.5% |
| Financial income | 75/76B | €31,428 | €69,818 | +€38,390 | +122.2% |
| Recurring financial income | 75 | €31,428 | €69,818 | +€38,390 | +122.2% |
| Financial charges | 65/66B | €7,170 | €10,207 | +€3,037 | +42.4% |
| Recurring financial charges | 65 | €7,170 | €10,207 | +€3,037 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,471 | -€246,260 | -€208,789 | -557.2% |
| Income taxes | 67/77 | €358 | €365 | +€7 | +2.0% |
| Profit (loss) for the period | 9904 | -€37,829 | -€246,625 | -€208,796 | -551.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,829 | -€246,625 | -€208,796 | -551.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.