RSBiesmans: 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.
RSBiesmans
Largest movements
- Current investments +€108,952
up €108,952 (+215.9%), from €50,454 to €159,406
- Cash +€68,714
up €68,714 (+152.8%), from €44,968 to €113,682
mainly Net result for the year (+€183,646) and Tax, wage and social debts (+€7,295)
- Receivables within one year +€13,920
up €13,920 (+12.7%), from €109,411 to €123,331
of which Trade receivables: +€13,949
- Reserves +€183,640
up €183,640 (+140.3%), from €130,850 to €314,490
- Tax, wage and social debts +€7,295
up €7,295 (+10.0%), from €73,047 to €80,342
- Gross operating margin +€60,613
up €60,613 (+31.6%), from €191,796 to €252,409
- Taxes +€16,523
up €16,523 (+27.0%), from €61,135 to €77,658
- Financial income +€10,426
up €10,426 (+683.6%), from €1,525 to €11,951
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 | €213,015 | €403,905 | +€190,889 | +89.6% |
| Fixed assets | 21/28 | €5,634 | €4,792 | -€842 | -15.0% |
| Tangible fixed assets | 22/27 | €5,634 | €4,792 | -€842 | -15.0% |
| Plant, machinery and equipment | 23 | - | €1,453 | +€1,453 | |
| Furniture and vehicles | 24 | €5,634 | €3,339 | -€2,295 | -40.7% |
| Current assets | 29/58 | €207,381 | €399,113 | +€191,732 | +92.5% |
| Amounts receivable within one year | 40/41 | €109,411 | €123,331 | +€13,920 | +12.7% |
| Trade receivables | 40 | €109,382 | €123,331 | +€13,949 | +12.8% |
| Other amounts receivable | 41 | €29 | €0 | -€29 | -100.0% |
| Current investments | 50/53 | €50,454 | €159,406 | +€108,952 | +215.9% |
| Cash at bank and in hand | 54/58 | €44,968 | €113,682 | +€68,714 | +152.8% |
| Deferred charges and accrued income | 490/1 | €2,548 | €2,694 | +€146 | +5.7% |
| Total equity and liabilities | 10/49 | €213,015 | €403,905 | +€190,889 | +89.6% |
| Equity | 10/15 | €138,361 | €322,007 | +€183,646 | +132.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €130,850 | €314,490 | +€183,640 | +140.3% |
| Distributable reserves | 133 | €130,850 | €314,490 | +€183,640 | +140.3% |
| Profit (loss) carried forward | 14 | €11 | €17 | +€6 | +56.1% |
| Amounts payable | 17/49 | €74,655 | €81,898 | +€7,243 | +9.7% |
| Amounts payable within one year | 42/48 | €74,655 | €81,898 | +€7,243 | +9.7% |
| Trade debts | 44 | €908 | €1,139 | +€231 | +25.5% |
| Suppliers | 440/4 | €908 | €1,139 | +€231 | +25.5% |
| Taxes, remuneration and social security | 45 | €73,047 | €80,342 | +€7,295 | +10.0% |
| Taxes | 450/3 | €73,047 | €80,342 | +€7,295 | +10.0% |
| Other amounts payable | 47/48 | €700 | €417 | -€283 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,251 | €2,419 | +€1,169 | +93.4% |
| Gross operating margin | 9900 | €191,796 | €252,409 | +€60,613 | +31.6% |
| Operating profit (loss) | 9901 | €190,545 | €249,990 | +€59,445 | +31.2% |
| Financial income | 75/76B | €1,525 | €11,951 | +€10,426 | +683.6% |
| Recurring financial income | 75 | €1,525 | €11,951 | +€10,426 | +683.6% |
| Financial charges | 65/66B | €75 | €637 | +€562 | +752.7% |
| Recurring financial charges | 65 | €75 | €637 | +€562 | +752.7% |
| Profit (loss) for the period before taxes | 9903 | €191,996 | €261,304 | +€69,309 | +36.1% |
| Income taxes | 67/77 | €61,135 | €77,658 | +€16,523 | +27.0% |
| Profit (loss) for the period | 9904 | €130,861 | €183,646 | +€52,785 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,861 | €183,646 | +€52,785 | +40.3% |
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 11 October 2026 via checked.be.