RS SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Tangible fixed assets -€17,533
down €17,533 (-34.3%), from €51,108 to €33,575
of which Furniture and vehicles: -€16,342
- Cash +€16,981
up €16,981 (+64.4%), from €26,360 to €43,341
mainly Accrued charges and deferred income (+€17,673) and Depreciation (+€17,533)
- Receivables within one year +€16,436
up €16,436 (+30.0%), from €54,729 to €71,165
of which Trade receivables: +€42,318
- Current investments -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Deferred charges and accrued income +€8,272
up €8,272 (+602.5%), from €1,373 to €9,645
- Reserves -€19,429
down €19,429 (-11.1%), from €175,761 to €156,332
- Accrued charges and deferred income +€17,673
up €17,673 (+447.5%), from €3,949 to €21,623
- Trade debts +€7,831
up €7,831 (+103.2%), from €7,590 to €15,421
- Other debts +€7,300
up €7,300 (+461.5%), from €1,582 to €8,882
- Gross operating margin -€68,595
down €68,595 (-63.5%), from €108,018 to €39,422
- Taxes -€22,240
down €22,240 (-75.3%), from €29,525 to €7,286
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.
Cash bridge derived
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 | €213,571 | €227,727 | +€14,156 | +6.6% |
| Fixed assets | 21/28 | €51,108 | €33,575 | -€17,533 | -34.3% |
| Tangible fixed assets | 22/27 | €51,108 | €33,575 | -€17,533 | -34.3% |
| Plant, machinery and equipment | 23 | €2,174 | €983 | -€1,191 | -54.8% |
| Furniture and vehicles | 24 | €48,934 | €32,592 | -€16,342 | -33.4% |
| Current assets | 29/58 | €162,463 | €194,152 | +€31,689 | +19.5% |
| Amounts receivable within one year | 40/41 | €54,729 | €71,165 | +€16,436 | +30.0% |
| Trade receivables | 40 | €28,133 | €70,451 | +€42,318 | +150.4% |
| Other amounts receivable | 41 | €26,596 | €714 | -€25,882 | -97.3% |
| Current investments | 50/53 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Cash at bank and in hand | 54/58 | €26,360 | €43,341 | +€16,981 | +64.4% |
| Deferred charges and accrued income | 490/1 | €1,373 | €9,645 | +€8,272 | +602.5% |
| Total equity and liabilities | 10/49 | €213,571 | €227,727 | +€14,156 | +6.6% |
| Equity | 10/15 | €188,161 | €168,732 | -€19,429 | -10.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €175,761 | €156,332 | -€19,429 | -11.1% |
| Distributable reserves | 133 | €175,761 | €156,332 | -€19,429 | -11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,410 | €58,995 | +€33,586 | +132.2% |
| Amounts payable within one year | 42/48 | €21,460 | €37,373 | +€15,912 | +74.1% |
| Trade debts | 44 | €7,590 | €15,421 | +€7,831 | +103.2% |
| Suppliers | 440/4 | €7,590 | €15,421 | +€7,831 | +103.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,288 | €13,069 | +€781 | +6.4% |
| Taxes | 450/3 | €12,288 | €13,069 | +€781 | +6.4% |
| Other amounts payable | 47/48 | €1,582 | €8,882 | +€7,300 | +461.5% |
| Accrued charges and deferred income | 492/3 | €3,949 | €21,623 | +€17,673 | +447.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,589 | €17,533 | +€944 | +5.7% |
| Other operating charges | 640/8 | €306 | €739 | +€433 | +141.6% |
| Non-recurring operating charges | 66A | €239 | €0 | -€239 | -100.0% |
| Gross operating margin | 9900 | €108,018 | €39,422 | -€68,595 | -63.5% |
| Operating profit (loss) | 9901 | €90,883 | €21,150 | -€69,733 | -76.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €139 | €101 | -€38 | -27.1% |
| Recurring financial charges | 65 | €139 | €101 | -€38 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €90,744 | €21,048 | -€69,696 | -76.8% |
| Income taxes | 67/77 | €29,525 | €7,286 | -€22,240 | -75.3% |
| Profit (loss) for the period | 9904 | €61,218 | €13,763 | -€47,456 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,218 | €13,763 | -€47,456 | -77.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.