RS CONSEIL: 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 CONSEIL
Largest movements
- Cash +€57,583
up €57,583 (+36.0%), from €160,054 to €217,637
mainly Net result for the year (+€54,337) and Provisions (+€38,497)
- Receivables within one year +€14,338
up €14,338 (+25.3%), from €56,687 to €71,025
of which Trade receivables: +€28,420
- Tangible fixed assets +€13,361
up €13,361 (+187.8%), from €7,115 to €20,476
- Profit (loss) carried forward +€54,337
up €54,337 (+26.8%), from €202,829 to €257,166
- Provisions +€38,497
new in 2025: €38,497
- Tax, wage and social debts -€3,991
down €3,991 (-34.9%), from €11,437 to €7,445
- Provisions +€38,497
new in 2025: €38,497
- Gross operating margin +€19,303
up €19,303 (+19.2%), from €100,769 to €120,072
- Taxes -€5,974
down €5,974 (-28.3%), from €21,110 to €15,136
- Depreciation +€5,968
up €5,968 (+258.3%), from €2,311 to €8,279
- Other operating charges +€2,606
up €2,606 (+263.6%), from €989 to €3,595
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 | €223,856 | €309,138 | +€85,281 | +38.1% |
| Fixed assets | 21/28 | €7,115 | €20,476 | +€13,361 | +187.8% |
| Tangible fixed assets | 22/27 | €7,115 | €20,476 | +€13,361 | +187.8% |
| Furniture and vehicles | 24 | €7,115 | €20,476 | +€13,361 | +187.8% |
| Current assets | 29/58 | €216,741 | €288,662 | +€71,920 | +33.2% |
| Amounts receivable within one year | 40/41 | €56,687 | €71,025 | +€14,338 | +25.3% |
| Trade receivables | 40 | €24,855 | €53,275 | +€28,420 | +114.3% |
| Other amounts receivable | 41 | €31,832 | €17,750 | -€14,082 | -44.2% |
| Cash at bank and in hand | 54/58 | €160,054 | €217,637 | +€57,583 | +36.0% |
| Total equity and liabilities | 10/49 | €223,856 | €309,138 | +€85,281 | +38.1% |
| Equity | 10/15 | €206,829 | €261,166 | +€54,337 | +26.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €202,829 | €257,166 | +€54,337 | +26.8% |
| Provisions and deferred taxes | 16 | - | €38,497 | +€38,497 | |
| Provisions for liabilities and charges | 160/5 | - | €38,497 | +€38,497 | |
| Other liabilities and charges | 164/5 | - | €38,497 | +€38,497 | |
| Amounts payable | 17/49 | €17,027 | €9,475 | -€7,552 | -44.4% |
| Amounts payable within one year | 42/48 | €17,027 | €9,475 | -€7,552 | -44.4% |
| Trade debts | 44 | €3,802 | €2,030 | -€1,772 | -46.6% |
| Suppliers | 440/4 | €3,802 | €2,030 | -€1,772 | -46.6% |
| Taxes, remuneration and social security | 45 | €11,437 | €7,445 | -€3,991 | -34.9% |
| Taxes | 450/3 | €11,437 | €7,445 | -€3,991 | -34.9% |
| Other amounts payable | 47/48 | €1,789 | - | -€1,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,311 | €8,279 | +€5,968 | +258.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €38,497 | +€38,497 | |
| Other operating charges | 640/8 | €989 | €3,595 | +€2,606 | +263.6% |
| Gross operating margin | 9900 | €100,769 | €120,072 | +€19,303 | +19.2% |
| Operating profit (loss) | 9901 | €97,470 | €69,701 | -€27,768 | -28.5% |
| Financial income | 75/76B | €975 | €91 | -€884 | -90.7% |
| Recurring financial income | 75 | €975 | €91 | -€884 | -90.7% |
| Financial charges | 65/66B | €73 | €319 | +€246 | +336.4% |
| Recurring financial charges | 65 | €73 | €319 | +€246 | +336.4% |
| Profit (loss) for the period before taxes | 9903 | €98,372 | €69,473 | -€28,899 | -29.4% |
| Income taxes | 67/77 | €21,110 | €15,136 | -€5,974 | -28.3% |
| Profit (loss) for the period | 9904 | €77,262 | €54,337 | -€22,925 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,262 | €54,337 | -€22,925 | -29.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.