RSEL Dent: 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.
RSEL Dent
Largest movements
- Cash +€116,728
up €116,728 (+433.7%), from €26,916 to €143,644
mainly Net result for the year (+€100,756) and Receivables within one year (+€14,111)
- Receivables within one year -€14,111
no longer reported in 2025 (was €14,111)
- Deferred charges and accrued income +€7,549
new in 2025: €7,549
- Profit (loss) carried forward +€100,756
up €100,756 (+307.4%), from €32,774 to €133,530
- Tax, wage and social debts +€3,810
up €3,810 (+44.7%), from €8,525 to €12,335
of which Taxes: +€4,044
- Other debts +€3,777
up €3,777 (+441.1%), from €856 to €4,633
- Gross operating margin +€88,272
up €88,272 (+214.3%), from €41,186 to €129,458
- Taxes +€19,544
up €19,544 (+235.7%), from €8,291 to €27,835
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 | €44,555 | €153,811 | +€109,256 | +245.2% |
| Fixed assets | 21/28 | €3,528 | €2,618 | -€910 | -25.8% |
| Tangible fixed assets | 22/27 | €3,528 | €2,618 | -€910 | -25.8% |
| Furniture and vehicles | 24 | €3,528 | €2,618 | -€910 | -25.8% |
| Current assets | 29/58 | €41,027 | €151,193 | +€110,166 | +268.5% |
| Amounts receivable within one year | 40/41 | €14,111 | - | -€14,111 | |
| Trade receivables | 40 | €14,111 | - | -€14,111 | |
| Cash at bank and in hand | 54/58 | €26,916 | €143,644 | +€116,728 | +433.7% |
| Deferred charges and accrued income | 490/1 | - | €7,549 | +€7,549 | |
| Total equity and liabilities | 10/49 | €44,555 | €153,811 | +€109,256 | +245.2% |
| Equity | 10/15 | €35,174 | €135,930 | +€100,756 | +286.5% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,774 | €133,530 | +€100,756 | +307.4% |
| Amounts payable | 17/49 | €9,381 | €17,881 | +€8,500 | +90.6% |
| Amounts payable within one year | 42/48 | €9,381 | €17,881 | +€8,500 | +90.6% |
| Trade debts | 44 | €0 | €913 | +€913 | |
| Suppliers | 440/4 | €0 | €913 | +€913 | |
| Taxes, remuneration and social security | 45 | €8,525 | €12,335 | +€3,810 | +44.7% |
| Taxes | 450/3 | €8,291 | €12,335 | +€4,044 | +48.8% |
| Remuneration and social security | 454/9 | €235 | - | -€235 | |
| Other amounts payable | 47/48 | €856 | €4,633 | +€3,777 | +441.1% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €910 | +€797 | +700.0% |
| Gross operating margin | 9900 | €41,186 | €129,458 | +€88,272 | +214.3% |
| Operating profit (loss) | 9901 | €41,072 | €128,547 | +€87,475 | +213.0% |
| Financial income | 75/76B | - | €89 | +€89 | |
| Recurring financial income | 75 | - | €89 | +€89 | |
| Financial charges | 65/66B | €8 | €45 | +€38 | +500.0% |
| Recurring financial charges | 65 | €8 | €45 | +€38 | +500.0% |
| Profit (loss) for the period before taxes | 9903 | €41,064 | €128,591 | +€87,527 | +213.1% |
| Income taxes | 67/77 | €8,291 | €27,835 | +€19,544 | +235.7% |
| Profit (loss) for the period | 9904 | €32,774 | €100,756 | +€67,982 | +207.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,774 | €100,756 | +€67,982 | +207.4% |
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 9 October 2026 via checked.be.