RS TRANS: 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 TRANS
Largest movements
- Tangible fixed assets -€633,800
down €633,800 (-63.6%), from €996,700 to €362,900
- Receivables within one year +€92,014
up €92,014 (+83.4%), from €110,390 to €202,405
- Cash -€72,044
down €72,044 (-73.2%), from €98,442 to €26,398
- Deferred charges and accrued income -€20,616
no longer reported in 2023 (was €20,616)
- Debts after one year -€551,028
down €551,028 (-79.8%), from €690,916 to €139,889
- Current portion of long-term debt -€80,791
down €80,791 (-26.9%), from €300,080 to €219,288
- Trade debts -€24,455
down €24,455 (-49.9%), from €49,016 to €24,561
- Profit (loss) carried forward +€20,138
up €20,138 (+179.4%), from €11,223 to €31,361
- Gross operating margin +€48,583
up €48,583 (+16.2%), from €299,147 to €347,730
- Financial charges -€22,059
down €22,059 (-74.9%), from €29,440 to €7,380
of which Financial charges: -€24,030
- Staff costs -€16,072
down €16,072, from €14,010 to -€2,062
From the 2021 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,226,148 | €591,702 | -€634,446 | -51.7% |
| Fixed assets | 21/28 | €996,700 | €362,900 | -€633,800 | -63.6% |
| Tangible fixed assets | 22/27 | €996,700 | €362,900 | -€633,800 | -63.6% |
| Leasing and similar rights | 25 | €996,700 | €362,900 | -€633,800 | -63.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €229,448 | €228,803 | -€646 | -0.3% |
| Amounts receivable within one year | 40/41 | €110,390 | €202,405 | +€92,014 | +83.4% |
| Trade receivables | 40 | €110,390 | €202,405 | +€92,014 | +83.4% |
| Cash at bank and in hand | 54/58 | €98,442 | €26,398 | -€72,044 | -73.2% |
| Deferred charges and accrued income | 490/1 | €20,616 | - | -€20,616 | |
| Total equity and liabilities | 10/49 | €1,226,148 | €591,702 | -€634,446 | -51.7% |
| Equity | 10/15 | €181,623 | €201,761 | +€20,138 | +11.1% |
| Contributions | 10/11 | €170,400 | €170,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,223 | €31,361 | +€20,138 | +179.4% |
| Amounts payable | 17/49 | €1,044,525 | €389,941 | -€654,584 | -62.7% |
| Amounts payable after more than one year | 17 | €690,916 | €139,889 | -€551,028 | -79.8% |
| Financial debts | 170/4 | €690,916 | €139,889 | -€551,028 | -79.8% |
| Amounts payable within one year | 42/48 | €353,609 | €250,053 | -€103,556 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €300,080 | €219,288 | -€80,791 | -26.9% |
| Trade debts | 44 | €49,016 | €24,561 | -€24,455 | -49.9% |
| Suppliers | 440/4 | €49,016 | €24,561 | -€24,455 | -49.9% |
| Taxes, remuneration and social security | 45 | €4,513 | €6,203 | +€1,690 | +37.5% |
| Taxes | 450/3 | €1,579 | €4,812 | +€3,234 | +204.8% |
| Remuneration and social security | 454/9 | €2,934 | €1,391 | -€1,543 | -52.6% |
| Remuneration, social security and pensions | 62 | €14,010 | -€2,062 | -€16,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316,900 | €316,900 | = | 0.0% |
| Other operating charges | 640/8 | €8,555 | €11,277 | +€2,722 | +31.8% |
| Non-recurring operating charges | 66A | €3,609 | - | -€3,609 | |
| Gross operating margin | 9900 | €299,147 | €347,730 | +€48,583 | +16.2% |
| Operating profit (loss) | 9901 | -€43,926 | €21,615 | +€65,541 | |
| Financial income | 75/76B | €338 | - | -€338 | |
| Recurring financial income | 75 | €338 | - | -€338 | |
| Financial charges | 65/66B | €29,440 | €7,380 | -€22,059 | -74.9% |
| Recurring financial charges | 65 | €29,440 | €5,410 | -€24,030 | -81.6% |
| Non-recurring financial charges | 66B | - | €1,971 | +€1,971 | |
| Profit (loss) for the period before taxes | 9903 | -€73,027 | €14,235 | +€87,262 | |
| Profit (loss) for the period | 9904 | -€73,027 | €14,235 | +€87,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,027 | €14,235 | +€87,262 |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.