RAFIJOHN: what changed
RAFIJOHN
Largest movements
- Tangible fixed assets -€2,192
down €2,192 (-25.9%), from €8,458 to €6,267
of which Plant, machinery and equipment: -€2,417
- Cash +€1,099
up €1,099 (+27.2%), from €4,037 to €5,135
mainly Depreciation (+€4,907) and Tax, wage and social debts (+€957)
- Receivables within one year -€555
no longer reported in 2025 (was €555)
- Profit (loss) carried forward -€2,823
down €2,823 (-51.6%), from €5,467 to €2,644
- Tax, wage and social debts +€957
new in 2025: €957
- Other debts +€337
up €337 (+43.1%), from €782 to €1,118
- Depreciation -€687
down €687 (-12.3%), from €5,594 to €4,907
- Financial charges -€190
down €190 (-55.4%), from €344 to €153
- Gross operating margin +€146
up €146 (+5.6%), from €2,618 to €2,764
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,731 | €12,182 | -€1,549 | -11.3% |
| Fixed assets | 21/28 | €8,458 | €6,267 | -€2,192 | -25.9% |
| Tangible fixed assets | 22/27 | €8,458 | €6,267 | -€2,192 | -25.9% |
| Plant, machinery and equipment | 23 | €2,417 | - | -€2,417 | |
| Furniture and vehicles | 24 | €6,042 | €6,267 | +€225 | +3.7% |
| Current assets | 29/58 | €5,273 | €5,915 | +€642 | +12.2% |
| Amounts receivable within one year | 40/41 | €555 | - | -€555 | |
| Other amounts receivable | 41 | €555 | - | -€555 | |
| Cash at bank and in hand | 54/58 | €4,037 | €5,135 | +€1,099 | +27.2% |
| Deferred charges and accrued income | 490/1 | €681 | €779 | +€99 | +14.5% |
| Total equity and liabilities | 10/49 | €13,731 | €12,182 | -€1,549 | -11.3% |
| Equity | 10/15 | €11,667 | €8,844 | -€2,823 | -24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,467 | €2,644 | -€2,823 | -51.6% |
| Amounts payable | 17/49 | €2,064 | €3,338 | +€1,273 | +61.7% |
| Amounts payable within one year | 42/48 | €2,064 | €3,338 | +€1,273 | +61.7% |
| Trade debts | 44 | €1,283 | €1,263 | -€20 | -1.6% |
| Suppliers | 440/4 | €1,283 | €1,263 | -€20 | -1.6% |
| Taxes, remuneration and social security | 45 | - | €957 | +€957 | |
| Taxes | 450/3 | - | €957 | +€957 | |
| Other amounts payable | 47/48 | €782 | €1,118 | +€337 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,594 | €4,907 | -€687 | -12.3% |
| Other operating charges | 640/8 | €515 | €527 | +€12 | +2.4% |
| Gross operating margin | 9900 | €2,618 | €2,764 | +€146 | +5.6% |
| Operating profit (loss) | 9901 | -€3,491 | -€2,670 | +€821 | +23.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,700% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,700% |
| Financial charges | 65/66B | €344 | €153 | -€190 | -55.4% |
| Recurring financial charges | 65 | €344 | €153 | -€190 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,834 | -€2,823 | +€1,011 | +26.4% |
| Profit (loss) for the period | 9904 | -€3,834 | -€2,823 | +€1,011 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,834 | -€2,823 | +€1,011 | +26.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.