RST FINANCES: 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 FINANCES
Largest movements
- Receivables within one year -€13,865
down €13,865 (-35.7%), from €38,854 to €24,989
- Tangible fixed assets -€9,606
down €9,606 (-7.4%), from €130,304 to €120,698
of which Furniture and vehicles: -€7,460
- Debts after one year -€14,189
down €14,189 (-27.2%), from €52,096 to €37,907
- Profit (loss) carried forward -€11,853
down €11,853 (-8.6%), from €138,280 to €126,427
- Gross operating margin +€6,215
up €6,215 (+78.8%), from -€7,884 to -€1,669
- Other operating charges -€2,896
down €2,896 (-73.1%), from €3,963 to €1,067
- Taxes +€1,219
up €1,219 (+597%), from €204 to €1,423
- Depreciation -€783
down €783 (-7.5%), from €10,390 to €9,606
- Financial charges -€286
down €286 (-16.6%), from €1,716 to €1,431
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,149 | €197,337 | -€23,811 | -10.8% |
| Fixed assets | 21/28 | €130,304 | €120,698 | -€9,606 | -7.4% |
| Tangible fixed assets | 22/27 | €130,304 | €120,698 | -€9,606 | -7.4% |
| Land and buildings | 22 | €105,541 | €103,395 | -€2,146 | -2.0% |
| Furniture and vehicles | 24 | €24,763 | €17,303 | -€7,460 | -30.1% |
| Current assets | 29/58 | €90,844 | €76,639 | -€14,205 | -15.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,854 | €24,989 | -€13,865 | -35.7% |
| Other amounts receivable | 41 | €38,854 | €24,989 | -€13,865 | -35.7% |
| Cash at bank and in hand | 54/58 | €1,770 | €1,121 | -€649 | -36.7% |
| Deferred charges and accrued income | 490/1 | €220 | €529 | +€309 | +140% |
| Total equity and liabilities | 10/49 | €221,149 | €197,337 | -€23,811 | -10.8% |
| Equity | 10/15 | €146,340 | €134,487 | -€11,853 | -8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,280 | €126,427 | -€11,853 | -8.6% |
| Amounts payable | 17/49 | €74,809 | €62,850 | -€11,959 | -16.0% |
| Amounts payable after more than one year | 17 | €52,096 | €37,907 | -€14,189 | -27.2% |
| Financial debts | 170/4 | €52,096 | €37,907 | -€14,189 | -27.2% |
| Amounts payable within one year | 42/48 | €22,713 | €24,944 | +€2,230 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €13,890 | €14,189 | +€299 | +2.2% |
| Trade debts | 44 | €5,549 | €7,746 | +€2,197 | +39.6% |
| Suppliers | 440/4 | €5,549 | €7,746 | +€2,197 | +39.6% |
| Taxes, remuneration and social security | 45 | €3,275 | €1,423 | -€1,852 | -56.5% |
| Taxes | 450/3 | €3,275 | €1,423 | -€1,852 | -56.5% |
| Other amounts payable | 47/48 | - | €1,586 | +€1,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,390 | €9,606 | -€783 | -7.5% |
| Other operating charges | 640/8 | €3,963 | €1,067 | -€2,896 | -73.1% |
| Gross operating margin | 9900 | -€7,884 | -€1,669 | +€6,215 | +78.8% |
| Operating profit (loss) | 9901 | -€22,237 | -€12,343 | +€9,894 | +44.5% |
| Financial income | 75/76B | €3,508 | €3,344 | -€164 | -4.7% |
| Recurring financial income | 75 | €3,508 | €3,344 | -€164 | -4.7% |
| Financial charges | 65/66B | €1,716 | €1,431 | -€286 | -16.6% |
| Recurring financial charges | 65 | €1,716 | €1,431 | -€286 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,445 | -€10,430 | +€10,015 | +49.0% |
| Income taxes | 67/77 | €204 | €1,423 | +€1,219 | +597% |
| Profit (loss) for the period | 9904 | -€20,649 | -€11,853 | +€8,797 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,649 | -€11,853 | +€8,797 | +42.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.