EF RSK: 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.
EF RSK
Largest movements
- Receivables within one year -€1,757
down €1,757 (-38.9%), from €4,514 to €2,757
- Trade debts -€6,570
down €6,570 (-94.2%), from €6,974 to €404
- Profit (loss) carried forward +€5,891
up €5,891 (+8.6%), from -€68,469 to -€62,577
- Debts after one year -€1,050
down €1,050 (-2.6%), from €41,014 to €39,964
- Financial charges -€9,549
down €9,549 (-99.2%), from €9,622 to €74
- Gross operating margin +€6,541
up €6,541 (+2,775%), from €236 to €6,777
- Write-downs +€3,200
no longer reported in 2025 (was -€3,200)
- Other operating charges -€2,525
down €2,525 (-75.7%), from €3,337 to €812
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 | €4,519 | €2,790 | -€1,728 | -38.2% |
| Current assets | 29/58 | €4,519 | €2,790 | -€1,728 | -38.2% |
| Amounts receivable within one year | 40/41 | €4,514 | €2,757 | -€1,757 | -38.9% |
| Other amounts receivable | 41 | €4,514 | €2,757 | -€1,757 | -38.9% |
| Cash at bank and in hand | 54/58 | €5 | €34 | +€29 | +600% |
| Total equity and liabilities | 10/49 | €4,519 | €2,790 | -€1,728 | -38.2% |
| Equity | 10/15 | -€43,469 | -€37,577 | +€5,891 | +13.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,469 | -€62,577 | +€5,891 | +8.6% |
| Amounts payable | 17/49 | €47,987 | €40,368 | -€7,620 | -15.9% |
| Amounts payable after more than one year | 17 | €41,014 | €39,964 | -€1,050 | -2.6% |
| Financial debts | 170/4 | €41,014 | €39,964 | -€1,050 | -2.6% |
| Amounts payable within one year | 42/48 | €6,974 | €404 | -€6,570 | -94.2% |
| Trade debts | 44 | €6,974 | €404 | -€6,570 | -94.2% |
| Suppliers | 440/4 | €6,974 | €404 | -€6,570 | -94.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,200 | - | +€3,200 | |
| Other operating charges | 640/8 | €3,337 | €812 | -€2,525 | -75.7% |
| Gross operating margin | 9900 | €236 | €6,777 | +€6,541 | +2,775% |
| Operating profit (loss) | 9901 | €99 | €5,965 | +€5,866 | +5,925% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €9,622 | €74 | -€9,549 | -99.2% |
| Recurring financial charges | 65 | €9,622 | €74 | -€9,549 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,516 | €5,891 | +€15,407 | |
| Profit (loss) for the period | 9904 | -€9,516 | €5,891 | +€15,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,516 | €5,891 | +€15,407 |
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 17 October 2026 via checked.be.