RST@Next: 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@Next
Largest movements
- Receivables within one year +€52,526
up €52,526 (+313.1%), from €16,775 to €69,302
of which Other amounts receivable: +€51,028
- Other debts +€722,624
up €722,624 (+3229.5%), from €22,376 to €745,000
- Profit (loss) carried forward -€666,823
down €666,823 (-99.9%), from €667,524 to €701
- Tax, wage and social debts -€10,532
down €10,532 (-29.3%), from €35,952 to €25,419
- Financial income -€555,443
down €555,443 (-97.1%), from €572,172 to €16,729
of which Non-recurring financial income: -€572,160
- Write-downs +€24,000
new in 2025: €24,000
- Financial charges -€16,157
down €16,157 (-98.4%), from €16,425 to €268
- Gross operating margin +€8,243
up €8,243 (+8.0%), from €102,874 to €111,117
- Taxes +€4,386
up €4,386 (+25.7%), from €17,087 to €21,473
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 | €739,447 | €781,120 | +€41,673 | +5.6% |
| Fixed assets | 21/28 | €4,427 | €1,099 | -€3,328 | -75.2% |
| Tangible fixed assets | 22/27 | €4,427 | €1,099 | -€3,328 | -75.2% |
| Furniture and vehicles | 24 | €4,427 | €1,099 | -€3,328 | -75.2% |
| Current assets | 29/58 | €735,020 | €780,022 | +€45,001 | +6.1% |
| Amounts receivable within one year | 40/41 | €16,775 | €69,302 | +€52,526 | +313.1% |
| Trade receivables | 40 | €16,676 | €18,175 | +€1,499 | +9.0% |
| Other amounts receivable | 41 | €99 | €51,127 | +€51,028 | +51433.9% |
| Current investments | 50/53 | €42,512 | €42,687 | +€176 | +0.4% |
| Cash at bank and in hand | 54/58 | €674,119 | €666,790 | -€7,329 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,614 | €1,242 | -€372 | -23.0% |
| Total equity and liabilities | 10/49 | €739,447 | €781,120 | +€41,673 | +5.6% |
| Equity | 10/15 | €677,524 | €10,701 | -€666,823 | -98.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €667,524 | €701 | -€666,823 | -99.9% |
| Amounts payable | 17/49 | €61,923 | €770,419 | +€708,496 | +1144.2% |
| Amounts payable within one year | 42/48 | €61,923 | €770,419 | +€708,496 | +1144.2% |
| Current portion of amounts payable after more than one year | 42 | €3,596 | - | -€3,596 | |
| Taxes, remuneration and social security | 45 | €35,952 | €25,419 | -€10,532 | -29.3% |
| Taxes | 450/3 | €35,952 | €25,419 | -€10,532 | -29.3% |
| Other amounts payable | 47/48 | €22,376 | €745,000 | +€722,624 | +3229.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,141 | €3,723 | -€2,419 | -39.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,000 | +€24,000 | |
| Other operating charges | 640/8 | €545 | €204 | -€341 | -62.6% |
| Gross operating margin | 9900 | €102,874 | €111,117 | +€8,243 | +8.0% |
| Operating profit (loss) | 9901 | €96,187 | €83,190 | -€12,997 | -13.5% |
| Financial income | 75/76B | €572,172 | €16,729 | -€555,443 | -97.1% |
| Recurring financial income | 75 | €12 | €16,729 | +€16,717 | +141788.6% |
| Non-recurring financial income | 76B | €572,160 | - | -€572,160 | |
| Financial charges | 65/66B | €16,425 | €268 | -€16,157 | -98.4% |
| Recurring financial charges | 65 | €16,425 | €268 | -€16,157 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €651,934 | €99,650 | -€552,284 | -84.7% |
| Income taxes | 67/77 | €17,087 | €21,473 | +€4,386 | +25.7% |
| Profit (loss) for the period | 9904 | €634,847 | €78,177 | -€556,670 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €634,847 | €78,177 | -€556,670 | -87.7% |
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 10 October 2026 via checked.be.