RALF SERVICES: what changed
Two fiscal 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.
RALF SERVICES
Largest movements
- Tangible fixed assets +€31,394
up €31,394 (+795.8%), from €3,945 to €35,339
of which Other tangible fixed assets: +€25,193
- Intangible fixed assets -€4,980
down €4,980 (-10.8%), from €46,065 to €41,085
- Cash -€2,372
down €2,372 (-22.9%), from €10,381 to €8,009
mainly Investment in fixed assets (net) (-€34,256) and Other debts (-€17,210)
- Receivables within one year -€1,015
down €1,015 (-96.7%), from €1,050 to €35
of which Trade receivables: -€1,050
- Tax, wage and social debts +€20,356
up €20,356 (+526.6%), from €3,865 to €24,221
of which Taxes: +€22,548
- Other debts -€17,210
down €17,210 (-29.2%), from €58,976 to €41,766
- Reserves +€11,504
up €11,504 (+547.7%), from €2,101 to €13,605
- Trade debts +€8,376
new in 2025: €8,376
- Turnover +€52,639
up €52,639 (+124.7%), from €42,197 to €94,836
- Purchases and services +€38,442
up €38,442 (+149.6%), from €25,696 to €64,139
- Gross operating margin +€14,197
up €14,197 (+86.0%), from €16,500 to €30,697
- Depreciation +€4,107
up €4,107 (+110.0%), from €3,735 to €7,842
- Staff costs +€2,686
up €2,686 (+52.1%), from €5,159 to €7,845
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 | €64,941 | €87,967 | +€23,026 | +35.5% |
| Fixed assets | 21/28 | €53,510 | €79,924 | +€26,414 | +49.4% |
| Intangible fixed assets | 21 | €46,065 | €41,085 | -€4,980 | -10.8% |
| Tangible fixed assets | 22/27 | €3,945 | €35,339 | +€31,394 | +795.8% |
| Plant, machinery and equipment | 23 | €3,945 | €8,099 | +€4,154 | +105.3% |
| Furniture and vehicles | 24 | - | €2,046 | +€2,046 | |
| Other tangible fixed assets | 26 | - | €25,193 | +€25,193 | |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €11,431 | €8,044 | -€3,388 | -29.6% |
| Amounts receivable within one year | 40/41 | €1,050 | €35 | -€1,015 | -96.7% |
| Trade receivables | 40 | €1,050 | - | -€1,050 | |
| Other amounts receivable | 41 | - | €35 | +€35 | |
| Cash at bank and in hand | 54/58 | €10,381 | €8,009 | -€2,372 | -22.9% |
| Total equity and liabilities | 10/49 | €64,941 | €87,967 | +€23,026 | +35.5% |
| Equity | 10/15 | €2,101 | €13,605 | +€11,504 | +547.7% |
| Reserves | 13 | €2,101 | €13,605 | +€11,504 | +547.7% |
| Distributable reserves | 133 | €2,101 | €13,605 | +€11,504 | +547.7% |
| Amounts payable | 17/49 | €62,841 | €74,362 | +€11,522 | +18.3% |
| Amounts payable within one year | 42/48 | €62,841 | €74,362 | +€11,522 | +18.3% |
| Trade debts | 44 | - | €8,376 | +€8,376 | |
| Suppliers | 440/4 | - | €8,376 | +€8,376 | |
| Taxes, remuneration and social security | 45 | €3,865 | €24,221 | +€20,356 | +526.6% |
| Taxes | 450/3 | €1,673 | €24,221 | +€22,548 | +1347.8% |
| Remuneration and social security | 454/9 | €2,192 | - | -€2,192 | |
| Other amounts payable | 47/48 | €58,976 | €41,766 | -€17,210 | -29.2% |
| Turnover | 70 | €42,197 | €94,836 | +€52,639 | +124.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,696 | €64,139 | +€38,442 | +149.6% |
| Remuneration, social security and pensions | 62 | €5,159 | €7,845 | +€2,686 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,735 | €7,842 | +€4,107 | +110.0% |
| Other operating charges | 640/8 | - | €214 | +€214 | |
| Gross operating margin | 9900 | €16,500 | €30,697 | +€14,197 | +86.0% |
| Operating profit (loss) | 9901 | €7,606 | €14,795 | +€7,189 | +94.5% |
| Financial charges | 65/66B | €182 | €267 | +€85 | +47.0% |
| Recurring financial charges | 65 | €182 | €267 | +€85 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €7,425 | €14,528 | +€7,103 | +95.7% |
| Income taxes | 67/77 | €824 | €3,024 | +€2,199 | +266.9% |
| Profit (loss) for the period | 9904 | €6,601 | €11,504 | +€4,904 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,601 | €11,504 | +€4,904 | +74.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.