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RASFA EXPRES SERVICE: 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.

What changed

RASFA EXPRES SERVICE

BE 0820.470.540
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€187
2024 · -€183-€4
Equity
-€26,685
2024 · -€26,498-€187
Cash
-
not filed
Balance sheet total
-
not filed

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€187

      down €187 (-0.6%), from -€32,698 to -€32,885

    • Other debts +€187

      up €187 (+0.7%), from €26,498 to €26,685

    Income statement
    • Gross operating margin -€67

      new in 2025: -€67

    • Write-downs -€65

      no longer reported in 2025 (was €65)

    • Purchases and services +€2

      up €2 (+3.1%), from €65 to €67

    • Other operating charges +€2

      up €2 (+1.7%), from €118 to €120

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€183
    Write-downs +€65
    Other operating charges -€2
    Other operating items -€67
    Result 2025 -€187
    raises the resultlowers the resultnot broken down further in the accounts

    Derived cash bridge

    cash 2024 to 2025

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 15 lines
    Line Code 2024 2025 Change %
    Total equity and liabilities 10/49 €0 €0 =
    Equity 10/15 -€26,498 -€26,685 -€187 -0.7%
    Contributions 10/11 €6,200 €6,200 = 0.0%
    Profit (loss) carried forward 14 -€32,698 -€32,885 -€187 -0.6%
    Amounts payable 17/49 €26,498 €26,685 +€187 +0.7%
    Amounts payable within one year 42/48 €26,498 €26,685 +€187 +0.7%
    Other amounts payable 47/48 €26,498 €26,685 +€187 +0.7%
    Goods, raw materials, services and sundry goods 60/61 €65 €67 +€2 +3.1%
    Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €65 - -€65
    Other operating charges 640/8 €118 €120 +€2 +1.7%
    Gross operating margin 9900 - -€67 -€67
    Operating profit (loss) 9901 -€183 -€187 -€4 -2.2%
    Profit (loss) for the period before taxes 9903 -€183 -€187 -€4 -2.2%
    Profit (loss) for the period 9904 -€183 -€187 -€4 -2.2%
    Profit (loss) for the period to be appropriated 9905 -€183 -€187 -€4 -2.2%

    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 25 October 2026 via checked.be.