R-Fims: 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.
R-Fims
Largest movements
- Cash -€51,472
down €51,472 (-14.3%), from €360,285 to €308,813
mainly Net result for the year (-€29,779) and Tax, wage and social debts (-€14,522)
- Receivables within one year +€13,777
up €13,777, from €0 to €13,777
of which Trade receivables: +€12,342
- Profit (loss) carried forward -€29,779
down €29,779 (-38.2%), from €77,919 to €48,140
- Tax, wage and social debts -€14,522
down €14,522 (-77.3%), from €18,779 to €4,257
of which Remuneration and social security: -€7,548
- Trade debts +€5,499
up €5,499 (+76.0%), from €7,237 to €12,736
- Gross operating margin -€56,755
down €56,755, from €29,713 to -€27,042
- Taxes -€7,496
down €7,496 (-94.4%), from €7,944 to €448
- Depreciation -€1,554
down €1,554 (-61.4%), from €2,532 to €978
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €362,243 | €323,570 | -€38,673 | -10.7% |
| Fixed assets | 21/28 | €1,958 | €980 | -€978 | -49.9% |
| Tangible fixed assets | 22/27 | €1,958 | €980 | -€978 | -49.9% |
| Furniture and vehicles | 24 | €1,958 | €980 | -€978 | -49.9% |
| Current assets | 29/58 | €360,285 | €322,590 | -€37,695 | -10.5% |
| Amounts receivable within one year | 40/41 | €0 | €13,777 | +€13,777 | |
| Trade receivables | 40 | - | €12,342 | +€12,342 | |
| Other amounts receivable | 41 | - | €1,435 | +€1,435 | |
| Cash at bank and in hand | 54/58 | €360,285 | €308,813 | -€51,472 | -14.3% |
| Total equity and liabilities | 10/49 | €362,243 | €323,570 | -€38,673 | -10.7% |
| Equity | 10/15 | €334,604 | €304,825 | -€29,779 | -8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,085 | €238,085 | = | 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% |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €236,225 | €236,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,919 | €48,140 | -€29,779 | -38.2% |
| Amounts payable | 17/49 | €27,639 | €18,745 | -€8,894 | -32.2% |
| Amounts payable within one year | 42/48 | €27,639 | €18,745 | -€8,894 | -32.2% |
| Trade debts | 44 | €7,237 | €12,736 | +€5,499 | +76.0% |
| Suppliers | 440/4 | €7,237 | €12,736 | +€5,499 | +76.0% |
| Taxes, remuneration and social security | 45 | €18,779 | €4,257 | -€14,522 | -77.3% |
| Taxes | 450/3 | €6,974 | €0 | -€6,974 | -100% |
| Remuneration and social security | 454/9 | €11,805 | €4,257 | -€7,548 | -63.9% |
| Other amounts payable | 47/48 | €1,623 | €1,752 | +€129 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,532 | €978 | -€1,554 | -61.4% |
| Other operating charges | 640/8 | €1,109 | €1,139 | +€30 | +2.7% |
| Gross operating margin | 9900 | €29,713 | -€27,042 | -€56,755 | |
| Operating profit (loss) | 9901 | €26,072 | -€29,159 | -€55,231 | |
| Financial charges | 65/66B | €65 | €172 | +€107 | +165% |
| Recurring financial charges | 65 | €65 | €172 | +€107 | +165% |
| Profit (loss) for the period before taxes | 9903 | €26,007 | -€29,331 | -€55,338 | |
| Income taxes | 67/77 | €7,944 | €448 | -€7,496 | -94.4% |
| Profit (loss) for the period | 9904 | €18,063 | -€29,779 | -€47,842 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,063 | -€29,779 | -€47,842 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.