RSBH: 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.
RSBH
Largest movements
- Stocks and contracts -€4,040
down €4,040 (-53.7%), from €7,520 to €3,480
- Tangible fixed assets -€2,000
down €2,000 (-20.8%), from €9,633 to €7,633
- Cash +€1,134
up €1,134 (+235%), from €482 to €1,616
mainly Stocks and contracts (+€4,040) and Depreciation (+€2,000)
- Deferred charges and accrued income -€374
no longer reported in 2025 (was €374)
- Profit (loss) carried forward -€2,824
down €2,824 (-22.4%), from -€12,589 to -€15,413
- Trade debts -€2,700
no longer reported in 2025 (was €2,700)
- Other operating charges -€760
down €760 (-60.4%), from €1,259 to €499
- Gross operating margin +€689
up €689 (+72.7%), from -€948 to -€259
- Financial income -€40
no longer reported in 2025 (was €40)
of which Financial income: -€40
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.
Derived cash bridge
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 | €18,014 | €12,729 | -€5,285 | -29.3% |
| Fixed assets | 21/28 | €9,633 | €7,633 | -€2,000 | -20.8% |
| Tangible fixed assets | 22/27 | €9,633 | €7,633 | -€2,000 | -20.8% |
| Furniture and vehicles | 24 | €9,633 | €7,633 | -€2,000 | -20.8% |
| Current assets | 29/58 | €8,381 | €5,096 | -€3,285 | -39.2% |
| Stocks and contracts in progress | 3 | €7,520 | €3,480 | -€4,040 | -53.7% |
| Stocks | 30/36 | €7,520 | €3,480 | -€4,040 | -53.7% |
| Amounts receivable within one year | 40/41 | €5 | - | -€5 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €482 | €1,616 | +€1,134 | +235% |
| Deferred charges and accrued income | 490/1 | €374 | - | -€374 | |
| Total equity and liabilities | 10/49 | €18,014 | €12,729 | -€5,285 | -29.3% |
| Equity | 10/15 | -€6,389 | -€9,213 | -€2,824 | -44.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€12,589 | -€15,413 | -€2,824 | -22.4% |
| Amounts payable | 17/49 | €24,403 | €21,942 | -€2,461 | -10.1% |
| Amounts payable within one year | 42/48 | €24,403 | €21,942 | -€2,461 | -10.1% |
| Trade debts | 44 | €2,700 | - | -€2,700 | |
| Suppliers | 440/4 | €2,700 | - | -€2,700 | |
| Taxes, remuneration and social security | 45 | - | €88 | +€88 | |
| Taxes | 450/3 | - | €88 | +€88 | |
| Other amounts payable | 47/48 | €21,703 | €21,854 | +€151 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,259 | €499 | -€760 | -60.4% |
| Gross operating margin | 9900 | -€948 | -€259 | +€689 | +72.7% |
| Operating profit (loss) | 9901 | -€4,207 | -€2,758 | +€1,449 | +34.4% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Non-recurring financial income | 76B | €40 | - | -€40 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +6.6% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,228 | -€2,823 | +€1,405 | +33.2% |
| Profit (loss) for the period | 9904 | -€4,228 | -€2,823 | +€1,405 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,228 | -€2,823 | +€1,405 | +33.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.