RSN GROUP: 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.
RSN GROUP
Largest movements
- Stocks and contracts +€6,200
up €6,200 (+21.6%), from €28,652 to €34,852
- Tangible fixed assets -€836
no longer reported in 2025 (was €836)
- Receivables within one year -€547
no longer reported in 2025 (was €547)
of which Trade receivables: -€540
- Profit (loss) carried forward +€10,019
up €10,019, from -€6,242 to €3,777
- Other debts -€5,540
down €5,540 (-18.5%), from €30,000 to €24,460
- Trade debts +€719
up €719 (+43.3%), from €1,660 to €2,380
- Tax, wage and social debts -€483
down €483 (-6.0%), from €8,104 to €7,622
of which Taxes: -€1,663
- Gross operating margin +€12,521
up €12,521 (+2,463%), from €508 to €13,029
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 | €43,523 | €48,238 | +€4,716 | +10.8% |
| Fixed assets | 21/28 | €836 | - | -€836 | |
| Tangible fixed assets | 22/27 | €836 | - | -€836 | |
| Furniture and vehicles | 24 | €836 | - | -€836 | |
| Current assets | 29/58 | €42,687 | €48,238 | +€5,551 | +13.0% |
| Stocks and contracts in progress | 3 | €28,652 | €34,852 | +€6,200 | +21.6% |
| Stocks | 30/36 | €28,652 | €34,852 | +€6,200 | +21.6% |
| Amounts receivable within one year | 40/41 | €547 | - | -€547 | |
| Trade receivables | 40 | €540 | - | -€540 | |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €13,488 | €13,295 | -€193 | -1.4% |
| Deferred charges and accrued income | 490/1 | - | €91 | +€91 | |
| Total equity and liabilities | 10/49 | €43,523 | €48,238 | +€4,716 | +10.8% |
| Equity | 10/15 | €3,758 | €13,777 | +€10,019 | +267% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,242 | €3,777 | +€10,019 | |
| Amounts payable | 17/49 | €39,765 | €34,461 | -€5,303 | -13.3% |
| Amounts payable within one year | 42/48 | €39,765 | €34,461 | -€5,303 | -13.3% |
| Trade debts | 44 | €1,660 | €2,380 | +€719 | +43.3% |
| Suppliers | 440/4 | €1,660 | €2,380 | +€719 | +43.3% |
| Taxes, remuneration and social security | 45 | €8,104 | €7,622 | -€483 | -6.0% |
| Taxes | 450/3 | €7,661 | €5,998 | -€1,663 | -21.7% |
| Remuneration and social security | 454/9 | €443 | €1,623 | +€1,180 | +266% |
| Other amounts payable | 47/48 | €30,000 | €24,460 | -€5,540 | -18.5% |
| Remuneration, social security and pensions | 62 | €2,390 | €2,325 | -€65 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €167 | -€56 | -25.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €508 | €13,029 | +€12,521 | +2,463% |
| Operating profit (loss) | 9901 | -€2,492 | €10,137 | +€12,629 | |
| Financial charges | 65/66B | €134 | €118 | -€16 | -11.6% |
| Recurring financial charges | 65 | €134 | €118 | -€16 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,625 | €10,019 | +€12,644 | |
| Profit (loss) for the period | 9904 | -€2,625 | €10,019 | +€12,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,625 | €10,019 | +€12,644 |
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 21 October 2026 via checked.be.