RS GROUPE: what changed
What changed
RS GROUPE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€78,573
2024 · €172,951-€94,377
Equity
€728,411
2024 · €649,838+€78,573
Cash
€1,066
2024 · €5,308-€4,242
Balance sheet total
€1.0m
2024 · €1.0m+€10,671
Largest movements
Assets
- Receivables within one year +€24,413
up €24,413 (+59.4%), from €41,067 to €65,480
of which Other amounts receivable: +€18,968
Equity and liabilities
- Reserves +€78,573
up €78,573 (+14.8%), from €529,838 to €608,411
- Debts after one year -€71,044
down €71,044 (-23.2%), from €306,617 to €235,573
Income statement
- Gross operating margin -€98,360
down €98,360 (-52.0%), from €189,293 to €90,932
- Financial charges -€3,983
down €3,983 (-24.4%), from €16,342 to €12,359
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€172,951
Gross operating margin
-€98,360
Financial charges
+€3,983
Result 2025
€78,573
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€64,329
Investment
€0
Financing
-€68,570
Cash 2024
€5,308
From operations (derived)
+€64,329
Net result for the year
+€78,573
Receivables within one year
-€24,413
Deferred charges and accrued income
+€9,500
Trade debts
+€1,815
Tax, wage and social debts
+€310
Accrued charges and deferred income
-€1,457
Financing
-€68,570
Debts after one year
-€71,044
Current portion of long-term debt
+€2,473
Cash 2025
€1,066
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,028,075 | €1,038,746 | +€10,671 | +1.0% |
| Fixed assets | 21/28 | €972,200 | €972,200 | = | 0.0% |
| Financial fixed assets | 28 | €972,200 | €972,200 | = | 0.0% |
| Current assets | 29/58 | €55,875 | €66,546 | +€10,671 | +19.1% |
| Amounts receivable within one year | 40/41 | €41,067 | €65,480 | +€24,413 | +59.4% |
| Trade receivables | 40 | - | €5,445 | +€5,445 | |
| Other amounts receivable | 41 | €41,067 | €60,035 | +€18,968 | +46.2% |
| Cash at bank and in hand | 54/58 | €5,308 | €1,066 | -€4,242 | -79.9% |
| Deferred charges and accrued income | 490/1 | €9,500 | - | -€9,500 | |
| Total equity and liabilities | 10/49 | €1,028,075 | €1,038,746 | +€10,671 | +1.0% |
| Equity | 10/15 | €649,838 | €728,411 | +€78,573 | +12.1% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Contributions outside capital | 11 | €120,000 | - | -€120,000 | |
| Other | 1109/19 | €120,000 | - | -€120,000 | |
| Reserves | 13 | €529,838 | €608,411 | +€78,573 | +14.8% |
| Distributable reserves | 133 | €529,838 | €608,411 | +€78,573 | +14.8% |
| Amounts payable | 17/49 | €378,237 | €310,335 | -€67,902 | -18.0% |
| Amounts payable after more than one year | 17 | €306,617 | €235,573 | -€71,044 | -23.2% |
| Financial debts | 170/4 | €306,617 | €235,573 | -€71,044 | -23.2% |
| Amounts payable within one year | 42/48 | €70,145 | €74,743 | +€4,598 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €68,570 | €71,044 | +€2,473 | +3.6% |
| Trade debts | 44 | - | €1,815 | +€1,815 | |
| Suppliers | 440/4 | - | €1,815 | +€1,815 | |
| Taxes, remuneration and social security | 45 | €1,575 | €1,885 | +€310 | +19.7% |
| Taxes | 450/3 | €1,575 | €1,885 | +€310 | +19.7% |
| Accrued charges and deferred income | 492/3 | €1,475 | €18 | -€1,457 | -98.8% |
| Gross operating margin | 9900 | €189,293 | €90,932 | -€98,360 | -52.0% |
| Operating profit (loss) | 9901 | €189,293 | €90,932 | -€98,360 | -52.0% |
| Financial charges | 65/66B | €16,342 | €12,359 | -€3,983 | -24.4% |
| Recurring financial charges | 65 | €16,342 | €12,359 | -€3,983 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €172,951 | €78,573 | -€94,377 | -54.6% |
| Profit (loss) for the period | 9904 | €172,951 | €78,573 | -€94,377 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €172,951 | €78,573 | -€94,377 | -54.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.