RS TAILORING: 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 TAILORING
Largest movements
- Receivables within one year +€74,951
up €74,951 (+200%), from €37,509 to €112,460
of which Trade receivables: +€44,315
- Tangible fixed assets +€10,963
up €10,963 (+68.6%), from €15,977 to €26,940
of which Furniture and vehicles: +€20,091
- Cash -€9,959
no longer reported in 2023 (was €9,959)
mainly Receivables within one year (-€74,951) and Investment in fixed assets (net) (-€20,091)
- Stocks and contracts +€4,216
up €4,216 (+2.1%), from €201,384 to €205,600
- Trade debts +€42,427
up €42,427 (+55.0%), from €77,205 to €119,632
- Tax, wage and social debts +€32,107
up €32,107 (+33.9%), from €94,839 to €126,946
- Profit (loss) carried forward +€9,556
up €9,556 (+29.5%), from -€32,338 to -€22,782
- Other debts -€4,387
down €4,387 (-4.4%), from €100,367 to €95,980
- Other operating charges -€11,161
down €11,161 (-96.4%), from €11,583 to €422
- Gross operating margin -€7,991
down €7,991 (-28.5%), from €28,075 to €20,084
- Taxes -€2,238
no longer reported in 2023 (was €2,238)
- Financial charges -€1,804
down €1,804 (-64.7%), from €2,789 to €985
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,296 | €345,000 | +€79,704 | +30.0% |
| Fixed assets | 21/28 | €15,977 | €26,940 | +€10,963 | +68.6% |
| Tangible fixed assets | 22/27 | €15,977 | €26,940 | +€10,963 | +68.6% |
| Plant, machinery and equipment | 23 | €15,977 | €6,849 | -€9,128 | -57.1% |
| Furniture and vehicles | 24 | - | €20,091 | +€20,091 | |
| Current assets | 29/58 | €249,319 | €318,060 | +€68,741 | +27.6% |
| Stocks and contracts in progress | 3 | €201,384 | €205,600 | +€4,216 | +2.1% |
| Stocks | 30/36 | €201,384 | €205,600 | +€4,216 | +2.1% |
| Amounts receivable within one year | 40/41 | €37,509 | €112,460 | +€74,951 | +200% |
| Trade receivables | 40 | €37,509 | €81,824 | +€44,315 | +118% |
| Other amounts receivable | 41 | - | €30,636 | +€30,636 | |
| Cash at bank and in hand | 54/58 | €9,959 | - | -€9,959 | |
| Deferred charges and accrued income | 490/1 | €467 | - | -€467 | |
| Total equity and liabilities | 10/49 | €265,296 | €345,000 | +€79,704 | +30.0% |
| Equity | 10/15 | -€10,877 | -€1,321 | +€9,556 | +87.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €20,461 | €20,461 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | - | -€100 | |
| Reserves not available under the articles | 1311 | - | €100 | +€100 | |
| Distributable reserves | 133 | €20,361 | €20,361 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€32,338 | -€22,782 | +€9,556 | +29.5% |
| Amounts payable | 17/49 | €276,173 | €346,321 | +€70,148 | +25.4% |
| Amounts payable after more than one year | 17 | €3,340 | €3,340 | +€0 | 0.0% |
| Financial debts | 170/4 | €3,340 | €3,340 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €272,833 | €342,981 | +€70,148 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €423 | €423 | +€0 | 0.0% |
| Trade debts | 44 | €77,205 | €119,632 | +€42,427 | +55.0% |
| Suppliers | 440/4 | €77,205 | €119,632 | +€42,427 | +55.0% |
| Taxes, remuneration and social security | 45 | €94,839 | €126,946 | +€32,107 | +33.9% |
| Taxes | 450/3 | €94,839 | €126,946 | +€32,107 | +33.9% |
| Other amounts payable | 47/48 | €100,367 | €95,980 | -€4,387 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,912 | €9,128 | +€216 | +2.4% |
| Other operating charges | 640/8 | €11,583 | €422 | -€11,161 | -96.4% |
| Gross operating margin | 9900 | €28,075 | €20,084 | -€7,991 | -28.5% |
| Operating profit (loss) | 9901 | €7,580 | €10,534 | +€2,954 | +39.0% |
| Financial income | 75/76B | €17 | €7 | -€10 | -59.3% |
| Recurring financial income | 75 | €17 | €7 | -€10 | -59.3% |
| Financial charges | 65/66B | €2,789 | €985 | -€1,804 | -64.7% |
| Recurring financial charges | 65 | €2,789 | €985 | -€1,804 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €4,809 | €9,556 | +€4,747 | +98.7% |
| Income taxes | 67/77 | €2,238 | - | -€2,238 | |
| Profit (loss) for the period | 9904 | €2,570 | €9,556 | +€6,986 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €2,570 | €9,556 | +€6,986 | +272% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.