RS CONSULT: 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 CONSULT
Largest movements
- Receivables within one year +€55,783
up €55,783 (+214.3%), from €26,035 to €81,818
of which Trade receivables: +€50,818
- Cash -€18,286
down €18,286 (-84.0%), from €21,765 to €3,478
mainly Receivables within one year (-€55,783) and Investment in fixed assets (net) (-€17,841)
- Tangible fixed assets +€13,645
up €13,645 (+1166.5%), from €1,170 to €14,814
of which Other tangible fixed assets: +€9,465
- Trade debts +€52,103
up €52,103 (+2029.7%), from €2,567 to €54,670
- Other debts +€8,343
new in 2025: €8,343
- Advances received -€7,877
no longer reported in 2025 (was €7,877)
- Tax, wage and social debts -€6,378
down €6,378 (-32.6%), from €19,557 to €13,178
- Accrued charges and deferred income +€4,951
new in 2025: €4,951
- Gross operating margin +€10,856
up €10,856 (+112.7%), from €9,633 to €20,489
- Depreciation +€3,453
up €3,453 (+464.2%), from €744 to €4,196
- Other operating charges +€3,409
up €3,409 (+583.8%), from €584 to €3,993
- Financial charges +€2,121
up €2,121 (+7200.6%), from €29 to €2,151
- Financial income +€753
up €753 (+171.2%), from €440 to €1,194
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 | €48,970 | €100,111 | +€51,142 | +104.4% |
| Fixed assets | 21/28 | €1,170 | €14,814 | +€13,645 | +1166.5% |
| Tangible fixed assets | 22/27 | €1,170 | €14,814 | +€13,645 | +1166.5% |
| Plant, machinery and equipment | 23 | - | €3,109 | +€3,109 | |
| Furniture and vehicles | 24 | €1,170 | €2,240 | +€1,070 | +91.5% |
| Other tangible fixed assets | 26 | - | €9,465 | +€9,465 | |
| Current assets | 29/58 | €47,800 | €85,297 | +€37,497 | +78.4% |
| Amounts receivable within one year | 40/41 | €26,035 | €81,818 | +€55,783 | +214.3% |
| Trade receivables | 40 | €6,510 | €57,328 | +€50,818 | +780.6% |
| Other amounts receivable | 41 | €19,525 | €24,490 | +€4,965 | +25.4% |
| Cash at bank and in hand | 54/58 | €21,765 | €3,478 | -€18,286 | -84.0% |
| Total equity and liabilities | 10/49 | €48,970 | €100,111 | +€51,142 | +104.4% |
| Equity | 10/15 | €18,969 | €18,969 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,469 | €16,469 | = | 0.0% |
| Amounts payable | 17/49 | €30,001 | €81,142 | +€51,142 | +170.5% |
| Amounts payable within one year | 42/48 | €30,001 | €76,192 | +€46,191 | +154.0% |
| Trade debts | 44 | €2,567 | €54,670 | +€52,103 | +2029.7% |
| Suppliers | 440/4 | €2,567 | €54,670 | +€52,103 | +2029.7% |
| Advances received on contracts in progress | 46 | €7,877 | - | -€7,877 | |
| Taxes, remuneration and social security | 45 | €19,557 | €13,178 | -€6,378 | -32.6% |
| Taxes | 450/3 | €19,557 | €13,178 | -€6,378 | -32.6% |
| Other amounts payable | 47/48 | - | €8,343 | +€8,343 | |
| Accrued charges and deferred income | 492/3 | - | €4,951 | +€4,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €744 | €4,196 | +€3,453 | +464.2% |
| Other operating charges | 640/8 | €584 | €3,993 | +€3,409 | +583.8% |
| Gross operating margin | 9900 | €9,633 | €20,489 | +€10,856 | +112.7% |
| Operating profit (loss) | 9901 | €8,305 | €12,300 | +€3,995 | +48.1% |
| Financial income | 75/76B | €440 | €1,194 | +€753 | +171.2% |
| Recurring financial income | 75 | €440 | €1,194 | +€753 | +171.2% |
| Financial charges | 65/66B | €29 | €2,151 | +€2,121 | +7200.6% |
| Recurring financial charges | 65 | €29 | €2,151 | +€2,121 | +7200.6% |
| Profit (loss) for the period before taxes | 9903 | €8,716 | €11,343 | +€2,627 | +30.1% |
| Income taxes | 67/77 | €3,046 | €3,000 | -€46 | -1.5% |
| Profit (loss) for the period | 9904 | €5,669 | €8,343 | +€2,674 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,669 | €8,343 | +€2,674 | +47.2% |
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 6 October 2026 via checked.be.