RST CONSULTANCY: 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.
RST CONSULTANCY
Largest movements
- Intangible fixed assets -€171,429
down €171,429 (-20.6%), from €833,808 to €662,380
- Tangible fixed assets -€21,429
down €21,429 (-20.6%), from €104,091 to €82,663
- Debts after one year -€249,369
down €249,369 (-36.0%), from €692,509 to €443,139
- Reserves +€29,000
up €29,000 (+86.1%), from €33,700 to €62,700
of which Distributable reserves: +€29,000
- Other debts +€26,367
up €26,367 (+35.8%), from €73,633 to €100,000
- Depreciation -€77,143
down €77,143 (-28.6%), from €270,000 to €192,857
- Gross operating margin +€52,940
up €52,940 (+16.0%), from €331,894 to €384,834
- Taxes +€33,778
up €33,778 (+358%), from €9,424 to €43,203
- Financial charges -€5,114
down €5,114 (-20.9%), from €24,469 to €19,355
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 | €1,175,458 | €990,582 | -€184,877 | -15.7% |
| Fixed assets | 21/28 | €937,899 | €745,042 | -€192,857 | -20.6% |
| Intangible fixed assets | 21 | €833,808 | €662,380 | -€171,429 | -20.6% |
| Tangible fixed assets | 22/27 | €104,091 | €82,663 | -€21,429 | -20.6% |
| Plant, machinery and equipment | 23 | €104,091 | €82,663 | -€21,429 | -20.6% |
| Current assets | 29/58 | €237,559 | €245,539 | +€7,980 | +3.4% |
| Amounts receivable after more than one year | 29 | - | €9,053 | +€9,053 | |
| Trade receivables | 290 | - | €5,191 | +€5,191 | |
| Other amounts receivable | 291 | - | €3,862 | +€3,862 | |
| Cash at bank and in hand | 54/58 | €237,559 | €236,487 | -€1,072 | -0.5% |
| Total equity and liabilities | 10/49 | €1,175,458 | €990,582 | -€184,877 | -15.7% |
| Equity | 10/15 | €157,963 | €187,572 | +€29,609 | +18.7% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €33,700 | €62,700 | +€29,000 | +86.1% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,300 | €1,300 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €49,000 | +€29,000 | +145% |
| Profit (loss) carried forward | 14 | €263 | €872 | +€609 | +231% |
| Amounts payable | 17/49 | €1,017,495 | €803,010 | -€214,486 | -21.1% |
| Amounts payable after more than one year | 17 | €692,509 | €443,139 | -€249,369 | -36.0% |
| Financial debts | 170/4 | €692,509 | €443,139 | -€249,369 | -36.0% |
| Amounts payable within one year | 42/48 | €324,987 | €359,871 | +€34,884 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €248,148 | €257,791 | +€9,643 | +3.9% |
| Taxes, remuneration and social security | 45 | €3,205 | €2,080 | -€1,126 | -35.1% |
| Taxes | 450/3 | €3,205 | €2,080 | -€1,126 | -35.1% |
| Other amounts payable | 47/48 | €73,633 | €100,000 | +€26,367 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270,000 | €192,857 | -€77,143 | -28.6% |
| Other operating charges | 640/8 | €1,418 | €1,184 | -€234 | -16.5% |
| Gross operating margin | 9900 | €331,894 | €384,834 | +€52,940 | +16.0% |
| Operating profit (loss) | 9901 | €60,476 | €190,793 | +€130,317 | +215% |
| Financial income | 75/76B | €1,692 | €1,374 | -€318 | -18.8% |
| Recurring financial income | 75 | €1,692 | €1,374 | -€318 | -18.8% |
| Financial charges | 65/66B | €24,469 | €19,355 | -€5,114 | -20.9% |
| Recurring financial charges | 65 | €24,469 | €19,355 | -€5,114 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €37,698 | €172,811 | +€135,113 | +358% |
| Income taxes | 67/77 | €9,424 | €43,203 | +€33,778 | +358% |
| Profit (loss) for the period | 9904 | €28,273 | €129,609 | +€101,335 | +358% |
| Profit (loss) for the period to be appropriated | 9905 | €28,273 | €129,609 | +€101,335 | +358% |
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 24 October 2026 via checked.be.