RS Homes Development: 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 Homes Development
Largest movements
- Receivables within one year -€122,232
down €122,232 (-55.2%), from €221,324 to €99,092
of which Trade receivables: -€151,207
- Tangible fixed assets +€79,333
up €79,333 (+3,880%), from €2,044 to €81,377
of which Furniture and vehicles: +€79,583
- Cash -€64,615
down €64,615 (-52.3%), from €123,456 to €58,841
mainly Advances received (-€200,000) and Investment in fixed assets (net) (-€82,000)
- Advances received -€200,000
no longer reported in 2025 (was €200,000)
- Trade debts +€58,288
up €58,288 (+152%), from €38,349 to €96,637
- Debts after one year +€53,292
new in 2025: €53,292
- Profit (loss) carried forward -€14,312
down €14,312 (-35.6%), from €40,155 to €25,842
- Short-term financial debts +€12,668
new in 2025: €12,668
- Gross operating margin -€233,204
down €233,204, from €225,710 to -€7,494
- Staff costs -€43,483
no longer reported in 2025 (was €43,483)
- Other operating charges -€20,462
down €20,462 (-85.2%), from €24,023 to €3,561
- Taxes -€13,978
no longer reported in 2025 (was €13,978)
- Depreciation -€3,061
down €3,061 (-53.4%), from €5,728 to €2,667
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 | €346,824 | €242,760 | -€104,064 | -30.0% |
| Fixed assets | 21/28 | €2,044 | €81,377 | +€79,333 | +3,880% |
| Tangible fixed assets | 22/27 | €2,044 | €81,377 | +€79,333 | +3,880% |
| Plant, machinery and equipment | 23 | €447 | €196 | -€250 | -56.0% |
| Furniture and vehicles | 24 | €1,598 | €81,181 | +€79,583 | +4,981% |
| Current assets | 29/58 | €344,780 | €161,383 | -€183,397 | -53.2% |
| Amounts receivable within one year | 40/41 | €221,324 | €99,092 | -€122,232 | -55.2% |
| Trade receivables | 40 | €204,756 | €53,549 | -€151,207 | -73.8% |
| Other amounts receivable | 41 | €16,568 | €45,543 | +€28,975 | +175% |
| Cash at bank and in hand | 54/58 | €123,456 | €58,841 | -€64,615 | -52.3% |
| Deferred charges and accrued income | 490/1 | - | €3,450 | +€3,450 | |
| Total equity and liabilities | 10/49 | €346,824 | €242,760 | -€104,064 | -30.0% |
| Equity | 10/15 | €50,155 | €35,842 | -€14,312 | -28.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,155 | €25,842 | -€14,312 | -35.6% |
| Amounts payable | 17/49 | €296,669 | €206,918 | -€89,752 | -30.3% |
| Amounts payable after more than one year | 17 | - | €53,292 | +€53,292 | |
| Financial debts | 170/4 | - | €53,292 | +€53,292 | |
| Amounts payable within one year | 42/48 | €296,669 | €153,625 | -€143,044 | -48.2% |
| Financial debts | 43 | - | €12,668 | +€12,668 | |
| Credit institutions | 430/8 | - | €12,668 | +€12,668 | |
| Trade debts | 44 | €38,349 | €96,637 | +€58,288 | +152% |
| Suppliers | 440/4 | €38,349 | €96,637 | +€58,288 | +152% |
| Advances received on contracts in progress | 46 | €200,000 | - | -€200,000 | |
| Taxes, remuneration and social security | 45 | €16,692 | €4,813 | -€11,878 | -71.2% |
| Taxes | 450/3 | €16,692 | €4,813 | -€11,878 | -71.2% |
| Other amounts payable | 47/48 | €41,628 | €39,507 | -€2,122 | -5.1% |
| Remuneration, social security and pensions | 62 | €43,483 | - | -€43,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,728 | €2,667 | -€3,061 | -53.4% |
| Other operating charges | 640/8 | €24,023 | €3,561 | -€20,462 | -85.2% |
| Gross operating margin | 9900 | €225,710 | -€7,494 | -€233,204 | |
| Operating profit (loss) | 9901 | €152,476 | -€13,722 | -€166,198 | |
| Financial income | 75/76B | €113 | - | -€113 | |
| Recurring financial income | 75 | €113 | - | -€113 | |
| Financial charges | 65/66B | €2,804 | €591 | -€2,213 | -78.9% |
| Recurring financial charges | 65 | €2,804 | €591 | -€2,213 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | €149,785 | -€14,312 | -€164,098 | |
| Income taxes | 67/77 | €13,978 | - | -€13,978 | |
| Profit (loss) for the period | 9904 | €135,807 | -€14,312 | -€150,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,807 | -€14,312 | -€150,119 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.