RSP DESIGN: 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.
RSP DESIGN
Largest movements
- Receivables within one year +€19,243
up €19,243 (+48.4%), from €39,769 to €59,013
of which Trade receivables: +€18,152
- Cash +€9,636
up €9,636 (+296.0%), from €3,255 to €12,892
mainly Net result for the year (+€25,161) and Tax, wage and social debts (+€9,749)
- Deferred charges and accrued income -€3,058
down €3,058 (-39.4%), from €7,759 to €4,700
- Reserves +€25,000
up €25,000 (+113.1%), from €22,100 to €47,100
- Trade debts -€11,140
down €11,140 (-45.6%), from €24,419 to €13,278
- Tax, wage and social debts +€9,749
up €9,749 (+538.2%), from €1,811 to €11,560
- Other debts +€3,144
new in 2025: €3,144
- Short-term financial debts -€1,328
down €1,328 (-29.5%), from €4,496 to €3,168
- Gross operating margin +€26,004
up €26,004 (+197.2%), from €13,184 to €39,188
- Taxes +€9,291
up €9,291 (+614.8%), from €1,511 to €10,803
- Other operating charges -€2,451
down €2,451 (-67.3%), from €3,642 to €1,191
- Financial charges +€1,320
up €1,320 (+232.2%), from €568 to €1,888
- Depreciation -€690
down €690 (-71.8%), from €962 to €271
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 | €56,077 | €81,627 | +€25,550 | +45.6% |
| Fixed assets | 21/28 | €5,294 | €5,022 | -€271 | -5.1% |
| Tangible fixed assets | 22/27 | €794 | €522 | -€271 | -34.2% |
| Plant, machinery and equipment | 23 | €794 | €522 | -€271 | -34.2% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €50,783 | €76,605 | +€25,821 | +50.8% |
| Amounts receivable within one year | 40/41 | €39,769 | €59,013 | +€19,243 | +48.4% |
| Trade receivables | 40 | €33,624 | €51,776 | +€18,152 | +54.0% |
| Other amounts receivable | 41 | €6,145 | €7,237 | +€1,091 | +17.8% |
| Cash at bank and in hand | 54/58 | €3,255 | €12,892 | +€9,636 | +296.0% |
| Deferred charges and accrued income | 490/1 | €7,759 | €4,700 | -€3,058 | -39.4% |
| Total equity and liabilities | 10/49 | €56,077 | €81,627 | +€25,550 | +45.6% |
| Equity | 10/15 | €25,315 | €50,476 | +€25,161 | +99.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,100 | €47,100 | +€25,000 | +113.1% |
| Distributable reserves | 133 | €22,100 | €47,100 | +€25,000 | +113.1% |
| Profit (loss) carried forward | 14 | €215 | €376 | +€161 | +75.0% |
| Amounts payable | 17/49 | €30,762 | €31,151 | +€389 | +1.3% |
| Amounts payable within one year | 42/48 | €30,726 | €31,151 | +€425 | +1.4% |
| Financial debts | 43 | €4,496 | €3,168 | -€1,328 | -29.5% |
| Credit institutions | 430/8 | €4,496 | €3,168 | -€1,328 | -29.5% |
| Trade debts | 44 | €24,419 | €13,278 | -€11,140 | -45.6% |
| Suppliers | 440/4 | €24,419 | €13,278 | -€11,140 | -45.6% |
| Taxes, remuneration and social security | 45 | €1,811 | €11,560 | +€9,749 | +538.2% |
| Taxes | 450/3 | €1,811 | €11,560 | +€9,749 | +538.2% |
| Other amounts payable | 47/48 | - | €3,144 | +€3,144 | |
| Accrued charges and deferred income | 492/3 | €36 | - | -€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €962 | €271 | -€690 | -71.8% |
| Other operating charges | 640/8 | €3,642 | €1,191 | -€2,451 | -67.3% |
| Non-recurring operating charges | 66A | €5,522 | - | -€5,522 | |
| Gross operating margin | 9900 | €13,184 | €39,188 | +€26,004 | +197.2% |
| Operating profit (loss) | 9901 | €3,058 | €37,726 | +€34,667 | +1133.6% |
| Financial income | 75/76B | €174 | €126 | -€48 | -27.6% |
| Recurring financial income | 75 | €174 | €126 | -€48 | -27.6% |
| Financial charges | 65/66B | €568 | €1,888 | +€1,320 | +232.2% |
| Recurring financial charges | 65 | €568 | €1,888 | +€1,320 | +232.2% |
| Profit (loss) for the period before taxes | 9903 | €2,664 | €35,964 | +€33,300 | +1249.9% |
| Income taxes | 67/77 | €1,511 | €10,803 | +€9,291 | +614.8% |
| Profit (loss) for the period | 9904 | €1,153 | €25,161 | +€24,008 | +2082.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,153 | €25,161 | +€24,008 | +2082.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.