RS Invest: 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 Invest
Largest movements
- Stocks and contracts -€5,000
down €5,000 (-30.3%), from €16,500 to €11,500
- Cash +€3,792
up €3,792 (+1,022%), from €371 to €4,162
mainly Other debts (+€8,081) and Stocks and contracts (+€5,000)
- Receivables within one year -€183
down €183 (-70.5%), from €260 to €77
- Profit (loss) carried forward -€8,810
down €8,810, from €583 to -€8,227
- Other debts +€8,081
up €8,081 (+58.3%), from €13,867 to €21,948
- Trade debts -€663
down €663 (-97.5%), from €680 to €17
- Gross operating margin -€6,428
down €6,428 (-308%), from -€2,086 to -€8,514
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 | €17,131 | €15,739 | -€1,392 | -8.1% |
| Current assets | 29/58 | €17,131 | €15,739 | -€1,392 | -8.1% |
| Stocks and contracts in progress | 3 | €16,500 | €11,500 | -€5,000 | -30.3% |
| Stocks | 30/36 | €16,500 | €11,500 | -€5,000 | -30.3% |
| Amounts receivable within one year | 40/41 | €260 | €77 | -€183 | -70.5% |
| Other amounts receivable | 41 | €260 | €77 | -€183 | -70.5% |
| Cash at bank and in hand | 54/58 | €371 | €4,162 | +€3,792 | +1,022% |
| Total equity and liabilities | 10/49 | €17,131 | €15,739 | -€1,392 | -8.1% |
| Equity | 10/15 | €2,583 | -€6,227 | -€8,810 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €583 | -€8,227 | -€8,810 | |
| Amounts payable | 17/49 | €14,547 | €21,966 | +€7,418 | +51.0% |
| Amounts payable within one year | 42/48 | €14,547 | €21,966 | +€7,418 | +51.0% |
| Trade debts | 44 | €680 | €17 | -€663 | -97.5% |
| Suppliers | 440/4 | €680 | €17 | -€663 | -97.5% |
| Other amounts payable | 47/48 | €13,867 | €21,948 | +€8,081 | +58.3% |
| Other operating charges | 640/8 | €118 | €190 | +€72 | +61.0% |
| Gross operating margin | 9900 | -€2,086 | -€8,514 | -€6,428 | -308% |
| Operating profit (loss) | 9901 | -€2,204 | -€8,704 | -€6,500 | -295% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €35 | €109 | +€73 | +208% |
| Recurring financial charges | 65 | €35 | €109 | +€73 | +208% |
| Profit (loss) for the period before taxes | 9903 | -€2,240 | -€8,810 | -€6,570 | -293% |
| Profit (loss) for the period | 9904 | -€2,240 | -€8,810 | -€6,570 | -293% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,240 | -€8,810 | -€6,570 | -293% |
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 31 October 2026 via checked.be.