RS EVENTS: 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 EVENTS
Largest movements
- Cash -€34,477
down €34,477 (-21.6%), from €159,411 to €124,934
mainly Investment in fixed assets (net) (-€26,257) and Other debts (-€23,203)
- Tangible fixed assets +€26,099
new in 2025: €26,099
- Deferred charges and accrued income +€2,185
up €2,185 (+112%), from €1,956 to €4,141
- Other debts -€23,203
down €23,203 (-69.3%), from €33,460 to €10,257
- Trade debts +€10,610
up €10,610 (+1,186%), from €894 to €11,504
- Reserves +€10,000
up €10,000 (+25.0%), from €40,000 to €50,000
- Profit (loss) carried forward -€3,759
down €3,759 (-6.4%), from €58,514 to €54,755
- Gross operating margin -€18,212
down €18,212 (-43.3%), from €42,053 to €23,841
- Taxes -€7,471
down €7,471 (-48.3%), from €15,480 to €8,009
- Financial income +€427
up €427 (+46.4%), from €920 to €1,347
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 | €190,160 | €182,541 | -€7,618 | -4.0% |
| Fixed assets | 21/28 | €175 | €26,274 | +€26,099 | +14,914% |
| Tangible fixed assets | 22/27 | - | €26,099 | +€26,099 | |
| Furniture and vehicles | 24 | - | €26,099 | +€26,099 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €189,985 | €156,267 | -€33,717 | -17.7% |
| Amounts receivable within one year | 40/41 | €28,617 | €27,192 | -€1,425 | -5.0% |
| Trade receivables | 40 | €28,617 | €27,192 | -€1,425 | -5.0% |
| Cash at bank and in hand | 54/58 | €159,411 | €124,934 | -€34,477 | -21.6% |
| Deferred charges and accrued income | 490/1 | €1,956 | €4,141 | +€2,185 | +112% |
| Total equity and liabilities | 10/49 | €190,160 | €182,541 | -€7,618 | -4.0% |
| Equity | 10/15 | €118,974 | €125,215 | +€6,241 | +5.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Distributable reserves | 133 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Profit (loss) carried forward | 14 | €58,514 | €54,755 | -€3,759 | -6.4% |
| Amounts payable | 17/49 | €71,185 | €57,326 | -€13,859 | -19.5% |
| Amounts payable within one year | 42/48 | €71,185 | €57,326 | -€13,859 | -19.5% |
| Trade debts | 44 | €894 | €11,504 | +€10,610 | +1,186% |
| Suppliers | 440/4 | €894 | €11,504 | +€10,610 | +1,186% |
| Taxes, remuneration and social security | 45 | €36,830 | €35,565 | -€1,265 | -3.4% |
| Taxes | 450/3 | €36,830 | €35,565 | -€1,265 | -3.4% |
| Other amounts payable | 47/48 | €33,460 | €10,257 | -€23,203 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €157 | +€157 | |
| Other operating charges | 640/8 | €1,278 | €1,690 | +€413 | +32.3% |
| Gross operating margin | 9900 | €42,053 | €23,841 | -€18,212 | -43.3% |
| Operating profit (loss) | 9901 | €40,775 | €21,993 | -€18,782 | -46.1% |
| Financial income | 75/76B | €920 | €1,347 | +€427 | +46.4% |
| Recurring financial income | 75 | €920 | €1,347 | +€427 | +46.4% |
| Financial charges | 65/66B | €545 | €491 | -€54 | -10.0% |
| Recurring financial charges | 65 | €545 | €491 | -€54 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €41,150 | €22,849 | -€18,301 | -44.5% |
| Income taxes | 67/77 | €15,480 | €8,009 | -€7,471 | -48.3% |
| Profit (loss) for the period | 9904 | €25,670 | €14,841 | -€10,830 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,670 | €14,841 | -€10,830 | -42.2% |
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 23 October 2026 via checked.be.