RS COLOR: 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 COLOR
Largest movements
- Receivables within one year +€14,354
up €14,354 (+13.2%), from €108,869 to €123,222
of which Trade receivables: +€10,897
- Stocks and contracts +€8,875
up €8,875 (+134%), from €6,600 to €15,474
of which Contracts in progress: +€10,250
- Cash -€5,558
down €5,558 (-71.6%), from €7,759 to €2,202
mainly Receivables within one year (-€14,354) and Stocks and contracts (-€8,875)
- Financial fixed assets +€2,350
up €2,350 (+95.7%), from €2,456 to €4,806
- Trade debts +€15,757
up €15,757 (+340%), from €4,633 to €20,389
- Tax, wage and social debts +€4,484
up €4,484 (+121%), from €3,693 to €8,177
of which Remuneration and social security: +€3,906
- Gross operating margin +€10,076
up €10,076 (+23.0%), from €43,879 to €53,955
- Staff costs +€9,208
up €9,208 (+21.0%), from €43,911 to €53,119
- Financial income -€922
no longer reported in 2025 (was €922)
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 | €125,950 | €145,843 | +€19,893 | +15.8% |
| Fixed assets | 21/28 | €2,456 | €4,806 | +€2,350 | +95.7% |
| Financial fixed assets | 28 | €2,456 | €4,806 | +€2,350 | +95.7% |
| Current assets | 29/58 | €123,495 | €141,038 | +€17,543 | +14.2% |
| Stocks and contracts in progress | 3 | €6,600 | €15,474 | +€8,875 | +134% |
| Stocks | 30/36 | €1,850 | €474 | -€1,375 | -74.4% |
| Contracts in progress | 37 | €4,750 | €15,000 | +€10,250 | +216% |
| Amounts receivable within one year | 40/41 | €108,869 | €123,222 | +€14,354 | +13.2% |
| Trade receivables | 40 | €23,011 | €33,908 | +€10,897 | +47.4% |
| Other amounts receivable | 41 | €85,858 | €89,314 | +€3,456 | +4.0% |
| Cash at bank and in hand | 54/58 | €7,759 | €2,202 | -€5,558 | -71.6% |
| Deferred charges and accrued income | 490/1 | €267 | €139 | -€128 | -47.8% |
| Total equity and liabilities | 10/49 | €125,950 | €145,843 | +€19,893 | +15.8% |
| Equity | 10/15 | €116,394 | €116,631 | +€236 | +0.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €97,802 | €97,802 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €95,943 | €95,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €236 | +€236 | |
| Amounts payable | 17/49 | €9,556 | €29,213 | +€19,657 | +206% |
| Amounts payable within one year | 42/48 | €9,498 | €29,104 | +€19,606 | +206% |
| Trade debts | 44 | €4,633 | €20,389 | +€15,757 | +340% |
| Suppliers | 440/4 | €4,633 | €20,389 | +€15,757 | +340% |
| Taxes, remuneration and social security | 45 | €3,693 | €8,177 | +€4,484 | +121% |
| Taxes | 450/3 | €310 | €887 | +€578 | +187% |
| Remuneration and social security | 454/9 | €3,383 | €7,289 | +€3,906 | +115% |
| Other amounts payable | 47/48 | €1,172 | €538 | -€635 | -54.1% |
| Accrued charges and deferred income | 492/3 | €58 | €109 | +€51 | +88.0% |
| Remuneration, social security and pensions | 62 | €43,911 | €53,119 | +€9,208 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | - | -€188 | |
| Gross operating margin | 9900 | €43,879 | €53,955 | +€10,076 | +23.0% |
| Operating profit (loss) | 9901 | -€220 | €836 | +€1,055 | |
| Financial income | 75/76B | €922 | - | -€922 | |
| Recurring financial income | 75 | €922 | - | -€922 | |
| Financial charges | 65/66B | €438 | €599 | +€161 | +36.8% |
| Recurring financial charges | 65 | €438 | €599 | +€161 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €264 | €236 | -€28 | -10.6% |
| Profit (loss) for the period | 9904 | €264 | €236 | -€28 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €264 | €236 | -€28 | -10.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.