REDFIELD: 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.
REDFIELD
Largest movements
- Cash -€41,265
down €41,265 (-99.4%), from €41,529 to €264
mainly Other debts (-€44,000)
- Other debts -€44,000
down €44,000 (-55.0%), from €79,941 to €35,941
- Profit (loss) carried forward +€2,564
up €2,564 (+0.3%), from -€828,266 to -€825,702
- Gross operating margin +€684
up €684 (+25.3%), from €2,700 to €3,384
- Financial charges -€114
down €114 (-29.1%), from €390 to €277
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 | €41,679 | €264 | -€41,415 | -99.4% |
| Current assets | 29/58 | €41,679 | €264 | -€41,415 | -99.4% |
| Cash at bank and in hand | 54/58 | €41,529 | €264 | -€41,265 | -99.4% |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €41,679 | €264 | -€41,415 | -99.4% |
| Equity | 10/15 | -€138,262 | -€135,698 | +€2,564 | +1.9% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Capital | 10 | €225,000 | €225,000 | = | 0.0% |
| Issued capital | 100 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €465,004 | €465,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,082 | €2,082 | = | 0.0% |
| Legal reserve | 130 | €2,082 | €2,082 | = | 0.0% |
| Tax-exempt reserves | 132 | €462,922 | €462,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€828,266 | -€825,702 | +€2,564 | +0.3% |
| Amounts payable | 17/49 | €179,941 | €135,962 | -€43,979 | -24.4% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €79,941 | €35,962 | -€43,979 | -55.0% |
| Trade debts | 44 | - | €21 | +€21 | |
| Suppliers | 440/4 | - | €21 | +€21 | |
| Other amounts payable | 47/48 | €79,941 | €35,941 | -€44,000 | -55.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €2,700 | €3,384 | +€684 | +25.3% |
| Operating profit (loss) | 9901 | €2,172 | €2,840 | +€668 | +30.8% |
| Financial charges | 65/66B | €390 | €277 | -€114 | -29.1% |
| Recurring financial charges | 65 | €390 | €277 | -€114 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €1,782 | €2,564 | +€782 | +43.9% |
| Profit (loss) for the period | 9904 | €1,782 | €2,564 | +€782 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,782 | €2,564 | +€782 | +43.9% |
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 30 September 2026 via checked.be.