RS ENERGY GROUP: what changed
RS ENERGY GROUP
Largest movements
- Cash +€166,562
up €166,562 (+58.7%), from €283,522 to €450,084
mainly Net result for the year (+€182,840) and Depreciation (+€12,416)
- Receivables within one year -€7,099
down €7,099 (-13.0%), from €54,446 to €47,347
of which Other amounts receivable: -€9,937
- Tangible fixed assets +€5,701
up €5,701 (+17.9%), from €31,916 to €37,617
of which Furniture and vehicles: +€5,149
- Profit (loss) carried forward +€182,840
up €182,840 (+61.9%), from €295,328 to €478,168
- Trade debts -€19,195
no longer reported in 2024 (was €19,195)
- Debts after one year -€12,077
down €12,077 (-71.5%), from €16,889 to €4,812
- Tax, wage and social debts +€11,265
up €11,265 (+40.8%), from €27,626 to €38,891
of which Taxes: +€12,914
- Gross operating margin +€102,712
up €102,712 (+48.8%), from €210,482 to €313,194
- Taxes +€42,189
up €42,189 (+136%), from €31,006 to €73,195
- Staff costs -€31,527
down €31,527 (-43.2%), from €72,898 to €41,372
- Depreciation +€9,073
up €9,073 (+271%), from €3,343 to €12,416
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,984 | €536,149 | +€165,164 | +44.5% |
| Fixed assets | 21/28 | €33,016 | €38,717 | +€5,701 | +17.3% |
| Tangible fixed assets | 22/27 | €31,916 | €37,617 | +€5,701 | +17.9% |
| Plant, machinery and equipment | 23 | €1,120 | €1,672 | +€552 | +49.3% |
| Furniture and vehicles | 24 | €30,796 | €35,945 | +€5,149 | +16.7% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €337,968 | €497,431 | +€159,464 | +47.2% |
| Amounts receivable within one year | 40/41 | €54,446 | €47,347 | -€7,099 | -13.0% |
| Trade receivables | 40 | €5,555 | €8,393 | +€2,838 | +51.1% |
| Other amounts receivable | 41 | €48,891 | €38,954 | -€9,937 | -20.3% |
| Cash at bank and in hand | 54/58 | €283,522 | €450,084 | +€166,562 | +58.7% |
| Total equity and liabilities | 10/49 | €370,984 | €536,149 | +€165,164 | +44.5% |
| Equity | 10/15 | €297,528 | €480,368 | +€182,840 | +61.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,328 | €478,168 | +€182,840 | +61.9% |
| Amounts payable | 17/49 | €73,457 | €55,780 | -€17,676 | -24.1% |
| Amounts payable after more than one year | 17 | €16,889 | €4,812 | -€12,077 | -71.5% |
| Financial debts | 170/4 | €16,889 | €4,812 | -€12,077 | -71.5% |
| Amounts payable within one year | 42/48 | €56,567 | €50,968 | -€5,599 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €9,746 | €12,077 | +€2,331 | +23.9% |
| Trade debts | 44 | €19,195 | - | -€19,195 | |
| Suppliers | 440/4 | €19,195 | - | -€19,195 | |
| Taxes, remuneration and social security | 45 | €27,626 | €38,891 | +€11,265 | +40.8% |
| Taxes | 450/3 | €23,553 | €36,467 | +€12,914 | +54.8% |
| Remuneration and social security | 454/9 | €4,073 | €2,425 | -€1,649 | -40.5% |
| Remuneration, social security and pensions | 62 | €72,898 | €41,372 | -€31,527 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,343 | €12,416 | +€9,073 | +271% |
| Other operating charges | 640/8 | - | €2,334 | +€2,334 | |
| Gross operating margin | 9900 | €210,482 | €313,194 | +€102,712 | +48.8% |
| Operating profit (loss) | 9901 | €134,241 | €257,072 | +€122,831 | +91.5% |
| Financial income | 75/76B | €953 | €1,124 | +€171 | +18.0% |
| Recurring financial income | 75 | €953 | €1,124 | +€171 | +18.0% |
| Financial charges | 65/66B | €979 | €2,161 | +€1,181 | +121% |
| Recurring financial charges | 65 | €979 | €2,161 | +€1,181 | +121% |
| Profit (loss) for the period before taxes | 9903 | €134,215 | €256,036 | +€121,821 | +90.8% |
| Income taxes | 67/77 | €31,006 | €73,195 | +€42,189 | +136% |
| Profit (loss) for the period | 9904 | €103,209 | €182,840 | +€79,632 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,209 | €182,840 | +€79,632 | +77.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.