RSL-groep: 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.
RSL-groep
Largest movements
- Cash +€3,315
up €3,315 (+27.6%), from €12,010 to €15,325
mainly Net result for the year (+€5,605) and Depreciation (+€1,166)
- Receivables within one year +€1,163
up €1,163 (+23.0%), from €5,066 to €6,229
of which Other amounts receivable: +€965
- Deferred charges and accrued income -€449
down €449 (-17.5%), from €2,572 to €2,123
- Reserves +€4,772
up €4,772 (+37.3%), from €12,776 to €17,548
- Trade debts -€599
down €599 (-100%), from €599 to €0
- Accrued charges and deferred income +€564
new in 2025: €564
- Tax, wage and social debts -€304
down €304 (-21.2%), from €1,437 to €1,133
- Gross operating margin -€8,468
down €8,468 (-43.6%), from €19,437 to €10,969
- Taxes -€1,778
down €1,778 (-46.6%), from €3,813 to €2,035
- Financial charges +€644
up €644 (+77.4%), from €831 to €1,475
- Depreciation +€371
up €371 (+46.7%), from €794 to €1,166
- Other operating charges +€299
up €299 (+76.7%), from €390 to €689
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 | €21,853 | €26,046 | +€4,193 | +19.2% |
| Fixed assets | 21/28 | €2,206 | €2,370 | +€164 | +7.4% |
| Tangible fixed assets | 22/27 | €2,206 | €2,370 | +€164 | +7.4% |
| Plant, machinery and equipment | 23 | €1,567 | €1,167 | -€400 | -25.5% |
| Furniture and vehicles | 24 | €639 | €1,203 | +€564 | +88.3% |
| Current assets | 29/58 | €19,648 | €23,677 | +€4,029 | +20.5% |
| Amounts receivable within one year | 40/41 | €5,066 | €6,229 | +€1,163 | +23.0% |
| Trade receivables | 40 | €5,066 | €5,264 | +€198 | +3.9% |
| Other amounts receivable | 41 | - | €965 | +€965 | |
| Cash at bank and in hand | 54/58 | €12,010 | €15,325 | +€3,315 | +27.6% |
| Deferred charges and accrued income | 490/1 | €2,572 | €2,123 | -€449 | -17.5% |
| Total equity and liabilities | 10/49 | €21,853 | €26,046 | +€4,193 | +19.2% |
| Equity | 10/15 | €17,776 | €22,548 | +€4,772 | +26.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,776 | €17,548 | +€4,772 | +37.3% |
| Distributable reserves | 133 | €12,776 | €17,548 | +€4,772 | +37.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,077 | €3,499 | -€578 | -14.2% |
| Amounts payable within one year | 42/48 | €4,077 | €2,934 | -€1,143 | -28.0% |
| Trade debts | 44 | €599 | €0 | -€599 | -100% |
| Suppliers | 440/4 | €599 | €0 | -€599 | -100% |
| Taxes, remuneration and social security | 45 | €1,437 | €1,133 | -€304 | -21.2% |
| Taxes | 450/3 | €1,437 | €1,133 | -€304 | -21.2% |
| Other amounts payable | 47/48 | €2,041 | €1,801 | -€240 | -11.7% |
| Accrued charges and deferred income | 492/3 | - | €564 | +€564 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €1,166 | +€371 | +46.7% |
| Other operating charges | 640/8 | €390 | €689 | +€299 | +76.7% |
| Gross operating margin | 9900 | €19,437 | €10,969 | -€8,468 | -43.6% |
| Operating profit (loss) | 9901 | €18,253 | €9,114 | -€9,139 | -50.1% |
| Financial charges | 65/66B | €831 | €1,475 | +€644 | +77.4% |
| Recurring financial charges | 65 | €831 | €1,475 | +€644 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €17,422 | €7,639 | -€9,782 | -56.2% |
| Income taxes | 67/77 | €3,813 | €2,035 | -€1,778 | -46.6% |
| Profit (loss) for the period | 9904 | €13,609 | €5,605 | -€8,004 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,609 | €5,605 | -€8,004 | -58.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.