RS Group: 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 Group
Largest movements
- Receivables within one year +€18,872
up €18,872 (+83.8%), from €22,513 to €41,385
of which Trade receivables: +€14,848
- Deferred charges and accrued income -€2,314
down €2,314 (-100.0%), from €2,314 to €0
- Trade debts +€16,685
up €16,685 (+589.9%), from €2,828 to €19,513
- Profit (loss) carried forward -€7,673
down €7,673 (-134.6%), from -€5,703 to -€13,376
- Other debts +€6,093
up €6,093 (+19.8%), from €30,779 to €36,872
- Tax, wage and social debts +€1,280
up €1,280 (+5.7%), from €22,361 to €23,641
- Gross operating margin -€941
down €941 (-58.1%), from -€1,618 to -€2,559
- Other operating charges +€744
up €744 (+29.4%), from €2,527 to €3,272
- Financial charges +€222
up €222 (+12.3%), from €1,807 to €2,029
- Taxes -€215
down €215 (-100.0%), from €215 to €0
- Financial income +€85
up €85 (+84.4%), from €101 to €186
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 | €75,265 | €91,650 | +€16,385 | +21.8% |
| Fixed assets | 21/28 | €50,211 | €50,211 | = | 0.0% |
| Financial fixed assets | 28 | €50,211 | €50,211 | = | 0.0% |
| Current assets | 29/58 | €25,054 | €41,439 | +€16,385 | +65.4% |
| Amounts receivable within one year | 40/41 | €22,513 | €41,385 | +€18,872 | +83.8% |
| Trade receivables | 40 | €15,890 | €30,738 | +€14,848 | +93.4% |
| Other amounts receivable | 41 | €6,624 | €10,648 | +€4,024 | +60.8% |
| Cash at bank and in hand | 54/58 | €227 | €54 | -€173 | -76.3% |
| Deferred charges and accrued income | 490/1 | €2,314 | €0 | -€2,314 | -100.0% |
| Total equity and liabilities | 10/49 | €75,265 | €91,650 | +€16,385 | +21.8% |
| Equity | 10/15 | €19,297 | €11,624 | -€7,673 | -39.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,703 | -€13,376 | -€7,673 | -134.6% |
| Amounts payable | 17/49 | €55,968 | €80,026 | +€24,058 | +43.0% |
| Amounts payable within one year | 42/48 | €55,968 | €80,026 | +€24,058 | +43.0% |
| Trade debts | 44 | €2,828 | €19,513 | +€16,685 | +589.9% |
| Suppliers | 440/4 | €2,828 | €19,513 | +€16,685 | +589.9% |
| Taxes, remuneration and social security | 45 | €22,361 | €23,641 | +€1,280 | +5.7% |
| Taxes | 450/3 | €22,361 | €23,641 | +€1,280 | +5.7% |
| Other amounts payable | 47/48 | €30,779 | €36,872 | +€6,093 | +19.8% |
| Other operating charges | 640/8 | €2,527 | €3,272 | +€744 | +29.4% |
| Gross operating margin | 9900 | -€1,618 | -€2,559 | -€941 | -58.1% |
| Operating profit (loss) | 9901 | -€4,146 | -€5,831 | -€1,685 | -40.6% |
| Financial income | 75/76B | €101 | €186 | +€85 | +84.4% |
| Recurring financial income | 75 | €101 | €186 | +€85 | +84.4% |
| Financial charges | 65/66B | €1,807 | €2,029 | +€222 | +12.3% |
| Recurring financial charges | 65 | €1,807 | €2,029 | +€222 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,851 | -€7,673 | -€1,822 | -31.1% |
| Income taxes | 67/77 | €215 | €0 | -€215 | -100.0% |
| Profit (loss) for the period | 9904 | -€6,066 | -€7,673 | -€1,607 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,066 | -€7,673 | -€1,607 | -26.5% |
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.