RSCOM: 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.
RSCOM
Largest movements
- Cash -€15,413
down €15,413 (-56.7%), from €27,170 to €11,758
mainly Debts after one year (-€30,634) and Current portion of long-term debt (-€13,021)
- Tangible fixed assets -€9,683
down €9,683 (-32.8%), from €29,560 to €19,877
- Reserves +€531,216
up €531,216 (+405.1%), from €131,129 to €662,345
- Profit (loss) carried forward -€524,537
no longer reported in 2025 (was €524,537)
- Debts after one year -€30,634
down €30,634 (-20.1%), from €152,321 to €121,687
of which Financial debts: -€53,902
- Current portion of long-term debt -€13,021
down €13,021 (-13.7%), from €94,922 to €81,902
- Financial income -€38,288
down €38,288 (-91.0%), from €42,078 to €3,790
- Taxes +€787
up €787 (+654.4%), from €120 to €908
- Financial charges +€760
up €760 (+9.1%), from €8,379 to €9,139
- Gross operating margin -€450
down €450 (-1.9%), from €24,169 to €23,719
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 | €933,324 | €897,720 | -€35,603 | -3.8% |
| Fixed assets | 21/28 | €884,365 | €874,682 | -€9,683 | -1.1% |
| Tangible fixed assets | 22/27 | €29,560 | €19,877 | -€9,683 | -32.8% |
| Furniture and vehicles | 24 | €29,560 | €19,877 | -€9,683 | -32.8% |
| Financial fixed assets | 28 | €854,805 | €854,805 | = | 0.0% |
| Current assets | 29/58 | €48,959 | €23,038 | -€25,921 | -52.9% |
| Amounts receivable within one year | 40/41 | €18,593 | €9,834 | -€8,759 | -47.1% |
| Trade receivables | 40 | €8,454 | €8,454 | = | 0.0% |
| Other amounts receivable | 41 | €10,139 | €1,380 | -€8,759 | -86.4% |
| Cash at bank and in hand | 54/58 | €27,170 | €11,758 | -€15,413 | -56.7% |
| Deferred charges and accrued income | 490/1 | €3,195 | €1,447 | -€1,749 | -54.7% |
| Total equity and liabilities | 10/49 | €933,324 | €897,720 | -€35,603 | -3.8% |
| Equity | 10/15 | €661,866 | €668,545 | +€6,680 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,129 | €662,345 | +€531,216 | +405.1% |
| Distributable reserves | 133 | €131,129 | €662,345 | +€531,216 | +405.1% |
| Profit (loss) carried forward | 14 | €524,537 | - | -€524,537 | |
| Amounts payable | 17/49 | €271,458 | €229,175 | -€42,283 | -15.6% |
| Amounts payable after more than one year | 17 | €152,321 | €121,687 | -€30,634 | -20.1% |
| Financial debts | 170/4 | €152,321 | €98,419 | -€53,902 | -35.4% |
| Other amounts payable | 178/9 | - | €23,267 | +€23,267 | |
| Amounts payable within one year | 42/48 | €119,137 | €103,127 | -€16,010 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €94,922 | €81,902 | -€13,021 | -13.7% |
| Trade debts | 44 | €6,007 | €3,069 | -€2,938 | -48.9% |
| Suppliers | 440/4 | €6,007 | €3,069 | -€2,938 | -48.9% |
| Taxes, remuneration and social security | 45 | €6,606 | €7,853 | +€1,246 | +18.9% |
| Taxes | 450/3 | €6,606 | €7,853 | +€1,246 | +18.9% |
| Other amounts payable | 47/48 | €11,602 | €10,304 | -€1,298 | -11.2% |
| Accrued charges and deferred income | 492/3 | - | €4,361 | +€4,361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,621 | €9,683 | +€61 | +0.6% |
| Other operating charges | 640/8 | €1,127 | €1,099 | -€27 | -2.4% |
| Gross operating margin | 9900 | €24,169 | €23,719 | -€450 | -1.9% |
| Operating profit (loss) | 9901 | €13,421 | €12,937 | -€484 | -3.6% |
| Financial income | 75/76B | €42,078 | €3,790 | -€38,288 | -91.0% |
| Recurring financial income | 75 | €42,078 | €3,790 | -€38,288 | -91.0% |
| Financial charges | 65/66B | €8,379 | €9,139 | +€760 | +9.1% |
| Recurring financial charges | 65 | €8,379 | €9,139 | +€760 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €47,119 | €7,587 | -€39,532 | -83.9% |
| Income taxes | 67/77 | €120 | €908 | +€787 | +654.4% |
| Profit (loss) for the period | 9904 | €46,999 | €6,680 | -€40,319 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,999 | €6,680 | -€40,319 | -85.8% |
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 9 October 2026 via checked.be.