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RBF 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.

What changed

RBF SERVICES

BE 0730.662.002
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€218,486
2024 · €47,657+€170,829
Equity
€112,086
2024 · €111,600+€486
Cash
€345,760
2024 · €243,915+€101,844
Balance sheet total
€394,759
2024 · €289,079+€105,680

Largest movements

2024 to 2025
Assets
  • Cash +€101,844

    up €101,844 (+41.8%), from €243,915 to €345,760

    mainly Net result for the year (+€218,486) and Other debts (+€122,211)

  • Receivables within one year +€14,621

    up €14,621 (+373.0%), from €3,920 to €18,541

    of which Trade receivables: +€16,684

  • Tangible fixed assets -€10,800

    down €10,800 (-27.0%), from €40,028 to €29,228

Equity and liabilities
  • Other debts +€122,211

    up €122,211 (+111.6%), from €109,489 to €231,700

  • Debts after one year -€12,087

    down €12,087 (-32.8%), from €36,806 to €24,719

  • Tax, wage and social debts -€6,027

    down €6,027 (-30.8%), from €19,592 to €13,565

Income statement
  • Gross operating margin +€225,088

    up €225,088 (+303.3%), from €74,225 to €299,313

  • Taxes +€54,665

    up €54,665 (+445.5%), from €12,272 to €66,937

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 €47,657
Gross operating margin +€225,088
Depreciation +€689
Other operating charges -€95
Financial income -€195
Financial charges +€8
Taxes -€54,665
Result 2025 €218,486

Cash bridge derived

cash 2024 to 2025

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.

From operations +€331,644
Investment -€237
Financing -€229,563
Cash 2024 €243,915
Net result for the year +€218,486
Depreciation +€11,037
Receivables within one year -€14,621
Smaller working-capital items -€23
Trade debts +€581
Tax, wage and social debts -€6,027
Other debts +€122,211
Investment in fixed assets (net) -€237
Debts after one year -€12,087
Current portion of long-term debt +€524
Contributions, distributions and other -€218,000
Cash 2025 €345,760
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €289,079 €394,759 +€105,680 +36.6%
Fixed assets 21/28 €40,528 €29,728 -€10,800 -26.6%
Tangible fixed assets 22/27 €40,028 €29,228 -€10,800 -27.0%
Furniture and vehicles 24 €40,028 €29,228 -€10,800 -27.0%
Financial fixed assets 28 €500 €500 = 0.0%
Current assets 29/58 €248,551 €365,031 +€116,481 +46.9%
Amounts receivable within one year 40/41 €3,920 €18,541 +€14,621 +373.0%
Trade receivables 40 - €16,684 +€16,684
Other amounts receivable 41 €3,920 €1,857 -€2,063 -52.6%
Cash at bank and in hand 54/58 €243,915 €345,760 +€101,844 +41.8%
Deferred charges and accrued income 490/1 €716 €731 +€15 +2.1%
Total equity and liabilities 10/49 €289,079 €394,759 +€105,680 +36.6%
Equity 10/15 €111,600 €112,086 +€486 +0.4%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €109,600 €110,086 +€486 +0.4%
Distributable reserves 133 €109,600 €110,086 +€486 +0.4%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €177,479 €282,673 +€105,194 +59.3%
Amounts payable after more than one year 17 €36,806 €24,719 -€12,087 -32.8%
Financial debts 170/4 €36,806 €24,719 -€12,087 -32.8%
Amounts payable within one year 42/48 €140,665 €257,954 +€117,289 +83.4%
Current portion of amounts payable after more than one year 42 €11,563 €12,087 +€524 +4.5%
Trade debts 44 €21 €602 +€581 +2706.1%
Suppliers 440/4 €21 €602 +€581 +2706.1%
Taxes, remuneration and social security 45 €19,592 €13,565 -€6,027 -30.8%
Taxes 450/3 €19,592 €13,565 -€6,027 -30.8%
Other amounts payable 47/48 €109,489 €231,700 +€122,211 +111.6%
Accrued charges and deferred income 492/3 €8 €0 -€8 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,726 €11,037 -€689 -5.9%
Other operating charges 640/8 €575 €671 +€95 +16.6%
Gross operating margin 9900 €74,225 €299,313 +€225,088 +303.3%
Operating profit (loss) 9901 €61,923 €287,605 +€225,682 +364.5%
Financial income 75/76B €198 €3 -€195 -98.5%
Recurring financial income 75 €198 €3 -€195 -98.5%
Financial charges 65/66B €2,193 €2,185 -€8 -0.4%
Recurring financial charges 65 €2,193 €2,185 -€8 -0.4%
Profit (loss) for the period before taxes 9903 €59,929 €285,423 +€225,494 +376.3%
Income taxes 67/77 €12,272 €66,937 +€54,665 +445.5%
Profit (loss) for the period 9904 €47,657 €218,486 +€170,829 +358.5%
Profit (loss) for the period to be appropriated 9905 €47,657 €218,486 +€170,829 +358.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.