RS PAINTING: what changed
RS PAINTING
Largest movements
- Receivables within one year +€7,565
up €7,565 (+44.2%), from €17,098 to €24,663
of which Other amounts receivable: +€12,163
- Stocks and contracts -€7,178
down €7,178 (-63.2%), from €11,358 to €4,180
- Cash +€2,053
up €2,053 (+3.3%), from €61,361 to €63,414
mainly Other debts (+€44,816) and Net result for the year (+€15,279)
- Other debts +€44,816
up €44,816 (+24,362%), from €184 to €45,000
- Profit (loss) carried forward -€29,721
down €29,721 (-31.4%), from €94,582 to €64,861
- Tax, wage and social debts -€8,766
down €8,766 (-80.9%), from €10,834 to €2,068
- Debts after one year -€4,025
down €4,025 (-21.6%), from €18,633 to €14,608
- Gross operating margin -€15,004
down €15,004 (-37.0%), from €40,541 to €25,537
- Taxes -€3,064
down €3,064 (-45.3%), from €6,761 to €3,697
- Depreciation +€1,469
up €1,469 (+118%), from €1,250 to €2,719
- Other operating charges -€1,411
down €1,411 (-72.9%), from €1,936 to €525
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,104 | €132,562 | +€2,458 | +1.9% |
| Fixed assets | 21/28 | €40,271 | €39,082 | -€1,189 | -3.0% |
| Tangible fixed assets | 22/27 | €40,271 | €39,082 | -€1,189 | -3.0% |
| Land and buildings | 22 | €35,804 | €34,344 | -€1,459 | -4.1% |
| Plant, machinery and equipment | 23 | €3,464 | €3,375 | -€89 | -2.6% |
| Furniture and vehicles | 24 | €1,003 | €1,363 | +€360 | +35.9% |
| Current assets | 29/58 | €89,834 | €93,480 | +€3,647 | +4.1% |
| Stocks and contracts in progress | 3 | €11,358 | €4,180 | -€7,178 | -63.2% |
| Stocks | 30/36 | €11,358 | €4,180 | -€7,178 | -63.2% |
| Amounts receivable within one year | 40/41 | €17,098 | €24,663 | +€7,565 | +44.2% |
| Trade receivables | 40 | €4,598 | - | -€4,598 | |
| Other amounts receivable | 41 | €12,500 | €24,663 | +€12,163 | +97.3% |
| Cash at bank and in hand | 54/58 | €61,361 | €63,414 | +€2,053 | +3.3% |
| Deferred charges and accrued income | 490/1 | €16 | €1,223 | +€1,207 | +7,445% |
| Total equity and liabilities | 10/49 | €130,104 | €132,562 | +€2,458 | +1.9% |
| Equity | 10/15 | €96,582 | €66,861 | -€29,721 | -30.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,582 | €64,861 | -€29,721 | -31.4% |
| Amounts payable | 17/49 | €33,522 | €65,701 | +€32,179 | +96.0% |
| Amounts payable after more than one year | 17 | €18,633 | €14,608 | -€4,025 | -21.6% |
| Financial debts | 170/4 | €18,633 | €14,608 | -€4,025 | -21.6% |
| Amounts payable within one year | 42/48 | €14,889 | €51,093 | +€36,204 | +243% |
| Current portion of amounts payable after more than one year | 42 | €3,871 | €4,025 | +€154 | +4.0% |
| Taxes, remuneration and social security | 45 | €10,834 | €2,068 | -€8,766 | -80.9% |
| Taxes | 450/3 | €10,834 | €2,068 | -€8,766 | -80.9% |
| Other amounts payable | 47/48 | €184 | €45,000 | +€44,816 | +24,362% |
| Non-recurring operating income | 76A | - | €2,925 | +€2,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,250 | €2,719 | +€1,469 | +118% |
| Other operating charges | 640/8 | €1,936 | €525 | -€1,411 | -72.9% |
| Non-recurring operating charges | 66A | - | €3,367 | +€3,367 | |
| Gross operating margin | 9900 | €40,541 | €25,537 | -€15,004 | -37.0% |
| Operating profit (loss) | 9901 | €37,355 | €18,927 | -€18,428 | -49.3% |
| Financial income | 75/76B | €915 | €1,044 | +€129 | +14.1% |
| Recurring financial income | 75 | €915 | €1,044 | +€129 | +14.1% |
| Financial charges | 65/66B | €1,169 | €995 | -€174 | -14.9% |
| Recurring financial charges | 65 | €1,169 | €995 | -€174 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €37,101 | €18,976 | -€18,125 | -48.9% |
| Income taxes | 67/77 | €6,761 | €3,697 | -€3,064 | -45.3% |
| Profit (loss) for the period | 9904 | €30,341 | €15,279 | -€15,062 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,341 | €15,279 | -€15,062 | -49.6% |
Next steps
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 1 November 2026 via checked.be.