RS ONE: 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 ONE
Largest movements
- Cash -€9,641
down €9,641 (-93.1%), from €10,360 to €719
mainly Trade debts (-€54,092) and Net result for the year (-€28,114)
- Advances received +€67,903
up €67,903 (+603%), from €11,256 to €79,159
- Trade debts -€54,092
down €54,092 (-45.8%), from €118,053 to €63,961
- Profit (loss) carried forward -€28,114
down €28,114 (-17.3%), from €162,221 to €134,107
- Taxes +€55,659
up €55,659 (+425%), from €13,101 to €68,760
- Gross operating margin -€51,586
down €51,586 (-35.4%), from €145,544 to €93,958
- Staff costs -€14,185
down €14,185 (-21.1%), from €67,380 to €53,196
- Financial income -€7,758
no longer reported in 2024 (was €7,758)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,140 | €390,607 | -€13,533 | -3.3% |
| Current assets | 29/58 | €404,140 | €390,607 | -€13,533 | -3.3% |
| Amounts receivable within one year | 40/41 | €393,234 | €389,343 | -€3,891 | -1.0% |
| Trade receivables | 40 | €216,882 | €316,664 | +€99,782 | +46.0% |
| Other amounts receivable | 41 | €176,352 | €72,679 | -€103,674 | -58.8% |
| Cash at bank and in hand | 54/58 | €10,360 | €719 | -€9,641 | -93.1% |
| Deferred charges and accrued income | 490/1 | €545 | €545 | = | 0.0% |
| Total equity and liabilities | 10/49 | €404,140 | €390,607 | -€13,533 | -3.3% |
| Equity | 10/15 | €272,221 | €244,107 | -€28,114 | -10.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,221 | €134,107 | -€28,114 | -17.3% |
| Amounts payable | 17/49 | €131,919 | €146,500 | +€14,581 | +11.1% |
| Amounts payable within one year | 42/48 | €131,919 | €146,500 | +€14,581 | +11.1% |
| Trade debts | 44 | €118,053 | €63,961 | -€54,092 | -45.8% |
| Suppliers | 440/4 | €118,053 | €63,961 | -€54,092 | -45.8% |
| Advances received on contracts in progress | 46 | €11,256 | €79,159 | +€67,903 | +603% |
| Taxes, remuneration and social security | 45 | €2,609 | €3,380 | +€771 | +29.6% |
| Taxes | 450/3 | €2,609 | €3,380 | +€771 | +29.6% |
| Remuneration, social security and pensions | 62 | €67,380 | €53,196 | -€14,185 | -21.1% |
| Gross operating margin | 9900 | €145,544 | €93,958 | -€51,586 | -35.4% |
| Operating profit (loss) | 9901 | €78,163 | €40,762 | -€37,401 | -47.9% |
| Financial income | 75/76B | €7,758 | - | -€7,758 | |
| Recurring financial income | 75 | €7,758 | - | -€7,758 | |
| Financial charges | 65/66B | €81 | €116 | +€35 | +43.0% |
| Recurring financial charges | 65 | €81 | €116 | +€35 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €85,840 | €40,646 | -€45,194 | -52.6% |
| Income taxes | 67/77 | €13,101 | €68,760 | +€55,659 | +425% |
| Profit (loss) for the period | 9904 | €72,739 | -€28,114 | -€100,853 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,739 | -€28,114 | -€100,853 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.