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
- Cash +€132,466
up €132,466 (+59.5%), from €222,800 to €355,265
mainly Net result for the year (+€175,436) and Other debts (+€60,000)
- Receivables within one year -€44,894
down €44,894 (-6.5%), from €694,339 to €649,445
of which Other amounts receivable: -€162,481
- Profit (loss) carried forward +€175,436
up €175,436 (+60.4%), from €290,397 to €465,833
- Debts after one year -€87,550
down €87,550 (-100%), from €87,550 to €0
- Other debts +€60,000
up €60,000 (+37.5%), from €160,000 to €220,000
- Trade debts -€27,569
down €27,569 (-6.0%), from €456,354 to €428,785
- Tax, wage and social debts -€15,590
down €15,590 (-9.0%), from €173,384 to €157,794
of which Taxes: -€24,734
- Gross operating margin -€106,778
down €106,778 (-9.5%), from €1.1m to €1.0m
- Staff costs -€45,447
down €45,447 (-6.0%), from €760,065 to €714,618
- Taxes -€19,969
down €19,969 (-22.6%), from €88,309 to €68,340
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 | €1,302,365 | €1,393,901 | +€91,536 | +7.0% |
| Fixed assets | 21/28 | €366,480 | €362,979 | -€3,501 | -1.0% |
| Intangible fixed assets | 21 | €4,418 | €0 | -€4,418 | -100% |
| Tangible fixed assets | 22/27 | €28,810 | €28,228 | -€583 | -2.0% |
| Furniture and vehicles | 24 | €28,810 | €28,228 | -€583 | -2.0% |
| Financial fixed assets | 28 | €333,251 | €334,751 | +€1,500 | +0.5% |
| Current assets | 29/58 | €935,885 | €1,030,922 | +€95,037 | +10.2% |
| Amounts receivable within one year | 40/41 | €694,339 | €649,445 | -€44,894 | -6.5% |
| Trade receivables | 40 | €401,858 | €519,445 | +€117,587 | +29.3% |
| Other amounts receivable | 41 | €292,481 | €130,000 | -€162,481 | -55.6% |
| Cash at bank and in hand | 54/58 | €222,800 | €355,265 | +€132,466 | +59.5% |
| Deferred charges and accrued income | 490/1 | €18,746 | €26,211 | +€7,465 | +39.8% |
| Total equity and liabilities | 10/49 | €1,302,365 | €1,393,901 | +€91,536 | +7.0% |
| Equity | 10/15 | €310,857 | €486,293 | +€175,436 | +56.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,397 | €465,833 | +€175,436 | +60.4% |
| Amounts payable | 17/49 | €991,508 | €907,608 | -€83,900 | -8.5% |
| Amounts payable after more than one year | 17 | €87,550 | €0 | -€87,550 | -100% |
| Financial debts | 170/4 | €87,550 | €0 | -€87,550 | -100% |
| Amounts payable within one year | 42/48 | €903,959 | €907,608 | +€3,649 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €114,221 | €101,029 | -€13,192 | -11.5% |
| Trade debts | 44 | €456,354 | €428,785 | -€27,569 | -6.0% |
| Suppliers | 440/4 | €456,354 | €428,785 | -€27,569 | -6.0% |
| Taxes, remuneration and social security | 45 | €173,384 | €157,794 | -€15,590 | -9.0% |
| Taxes | 450/3 | €98,413 | €73,679 | -€24,734 | -25.1% |
| Remuneration and social security | 454/9 | €74,971 | €84,115 | +€9,144 | +12.2% |
| Other amounts payable | 47/48 | €160,000 | €220,000 | +€60,000 | +37.5% |
| Remuneration, social security and pensions | 62 | €760,065 | €714,618 | -€45,447 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,931 | €24,042 | -€2,889 | -10.7% |
| Other operating charges | 640/8 | €1,297 | €1,372 | +€76 | +5.8% |
| Non-recurring operating charges | 66A | €1,596 | €10,000 | +€8,404 | +527% |
| Gross operating margin | 9900 | €1,122,898 | €1,016,120 | -€106,778 | -9.5% |
| Operating profit (loss) | 9901 | €333,010 | €266,088 | -€66,922 | -20.1% |
| Financial income | 75/76B | €0 | €279 | +€279 | |
| Recurring financial income | 75 | €0 | €279 | +€279 | |
| Financial charges | 65/66B | €20,701 | €22,591 | +€1,891 | +9.1% |
| Recurring financial charges | 65 | €20,701 | €22,591 | +€1,891 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €312,310 | €243,776 | -€68,534 | -21.9% |
| Income taxes | 67/77 | €88,309 | €68,340 | -€19,969 | -22.6% |
| Profit (loss) for the period | 9904 | €224,001 | €175,436 | -€48,565 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €224,001 | €175,436 | -€48,565 | -21.7% |
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 20 October 2026 via checked.be.