RS CONCEPT & CREATION: 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 CONCEPT & CREATION
Largest movements
- Receivables after one year -€43,834
down €43,834 (-28.7%), from €152,992 to €109,158
- Receivables within one year -€11,479
down €11,479 (-20.5%), from €56,057 to €44,578
of which Trade receivables: -€11,761
- Deferred charges and accrued income -€7,165
down €7,165 (-48.3%), from €14,834 to €7,669
- Profit (loss) carried forward -€24,288
down €24,288 (-76.7%), from €31,651 to €7,363
- Trade debts -€20,006
down €20,006 (-63.0%), from €31,736 to €11,730
- Advances received -€15,688
no longer reported in 2025 (was €15,688)
- Tax, wage and social debts -€8,723
down €8,723 (-42.6%), from €20,490 to €11,767
of which Taxes: -€8,644
- Short-term financial debts +€4,960
up €4,960 (+104%), from €4,774 to €9,735
- Staff costs +€46,194
up €46,194 (+104%), from €44,283 to €90,477
- Gross operating margin -€33,674
down €33,674 (-31.4%), from €107,102 to €73,428
- Taxes -€11,613
down €11,613, from €11,613 to -€0
- Other operating charges -€1,603
down €1,603 (-18.1%), from €8,864 to €7,261
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 | €235,838 | €169,752 | -€66,086 | -28.0% |
| Fixed assets | 21/28 | €9,832 | €8,347 | -€1,485 | -15.1% |
| Tangible fixed assets | 22/27 | €9,306 | €7,822 | -€1,485 | -16.0% |
| Furniture and vehicles | 24 | €9,306 | €6,415 | -€2,891 | -31.1% |
| Other tangible fixed assets | 26 | - | €1,407 | +€1,407 | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €226,006 | €161,405 | -€64,601 | -28.6% |
| Amounts receivable after more than one year | 29 | €152,992 | €109,158 | -€43,834 | -28.7% |
| Other amounts receivable | 291 | €152,992 | €109,158 | -€43,834 | -28.7% |
| Amounts receivable within one year | 40/41 | €56,057 | €44,578 | -€11,479 | -20.5% |
| Trade receivables | 40 | €52,664 | €40,903 | -€11,761 | -22.3% |
| Other amounts receivable | 41 | €3,393 | €3,675 | +€282 | +8.3% |
| Cash at bank and in hand | 54/58 | €2,123 | - | -€2,123 | |
| Deferred charges and accrued income | 490/1 | €14,834 | €7,669 | -€7,165 | -48.3% |
| Total equity and liabilities | 10/49 | €235,838 | €169,752 | -€66,086 | -28.0% |
| Equity | 10/15 | €149,807 | €125,519 | -€24,288 | -16.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,156 | €113,156 | = | 0.0% |
| Distributable reserves | 133 | €113,156 | €113,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,651 | €7,363 | -€24,288 | -76.7% |
| Amounts payable | 17/49 | €86,031 | €44,233 | -€41,798 | -48.6% |
| Amounts payable within one year | 42/48 | €86,031 | €44,176 | -€41,855 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €2,114 | - | -€2,114 | |
| Financial debts | 43 | €4,774 | €9,735 | +€4,960 | +104% |
| Credit institutions | 430/8 | €4,774 | €9,735 | +€4,960 | +104% |
| Trade debts | 44 | €31,736 | €11,730 | -€20,006 | -63.0% |
| Suppliers | 440/4 | €31,736 | €11,730 | -€20,006 | -63.0% |
| Advances received on contracts in progress | 46 | €15,688 | - | -€15,688 | |
| Taxes, remuneration and social security | 45 | €20,490 | €11,767 | -€8,723 | -42.6% |
| Taxes | 450/3 | €20,412 | €11,767 | -€8,644 | -42.4% |
| Remuneration and social security | 454/9 | €79 | - | -€79 | |
| Other amounts payable | 47/48 | €11,229 | €10,943 | -€285 | -2.5% |
| Accrued charges and deferred income | 492/3 | - | €58 | +€58 | |
| Remuneration, social security and pensions | 62 | €44,283 | €90,477 | +€46,194 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,375 | €3,783 | +€408 | +12.1% |
| Other operating charges | 640/8 | €8,864 | €7,261 | -€1,603 | -18.1% |
| Gross operating margin | 9900 | €107,102 | €73,428 | -€33,674 | -31.4% |
| Operating profit (loss) | 9901 | €50,580 | -€28,094 | -€78,674 | |
| Financial income | 75/76B | €5,587 | €5,909 | +€321 | +5.7% |
| Recurring financial income | 75 | €5,587 | €5,909 | +€321 | +5.7% |
| Financial charges | 65/66B | €2,071 | €1,270 | -€801 | -38.7% |
| Recurring financial charges | 65 | €2,071 | €1,270 | -€801 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €54,096 | -€23,455 | -€77,551 | |
| Income taxes | 67/77 | €11,613 | -€0 | -€11,613 | |
| Profit (loss) for the period | 9904 | €42,484 | -€23,455 | -€65,939 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,484 | -€23,455 | -€65,939 |
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 15 October 2026 via checked.be.