REFMIT CONSULTING: 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.
REFMIT CONSULTING
Largest movements
- Cash +€44,064
up €44,064 (+104.0%), from €42,350 to €86,414
mainly Net result for the year (+€93,845) and Depreciation (+€22,939)
- Tangible fixed assets -€5,905
down €5,905 (-6.0%), from €98,216 to €92,311
of which Furniture and vehicles: -€21,413
- Receivables within one year -€4,755
down €4,755 (-26.7%), from €17,795 to €13,041
of which Trade receivables: -€13,136
- Deferred charges and accrued income -€2,118
down €2,118 (-90.7%), from €2,335 to €217
- Reserves +€133,255
new in 2025: €133,255
- Other debts -€55,889
down €55,889 (-100.0%), from €55,889 to €0
- Profit (loss) carried forward -€39,410
down €39,410 (-100.0%), from €39,410 to €0
- Debts after one year -€27,739
down €27,739 (-100.0%), from €27,739 to €0
- Tax, wage and social debts +€13,030
up €13,030 (+560.9%), from €2,323 to €15,353
- Gross operating margin +€84,332
up €84,332 (+112.9%), from €74,689 to €159,021
- Taxes +€28,765
up €28,765 (+262.6%), from €10,955 to €39,721
- Depreciation +€13,663
up €13,663 (+147.3%), from €9,276 to €22,939
- Other operating charges -€6,195
down €6,195 (-88.7%), from €6,985 to €790
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 | €160,696 | €191,982 | +€31,286 | +19.5% |
| Fixed assets | 21/28 | €98,216 | €92,311 | -€5,905 | -6.0% |
| Tangible fixed assets | 22/27 | €98,216 | €92,311 | -€5,905 | -6.0% |
| Plant, machinery and equipment | 23 | €1,026 | €1,857 | +€831 | +81.0% |
| Furniture and vehicles | 24 | €97,190 | €75,777 | -€21,413 | -22.0% |
| Other tangible fixed assets | 26 | - | €14,678 | +€14,678 | |
| Current assets | 29/58 | €62,480 | €99,671 | +€37,191 | +59.5% |
| Amounts receivable within one year | 40/41 | €17,795 | €13,041 | -€4,755 | -26.7% |
| Trade receivables | 40 | €13,751 | €614 | -€13,136 | -95.5% |
| Other amounts receivable | 41 | €4,045 | €12,426 | +€8,382 | +207.2% |
| Cash at bank and in hand | 54/58 | €42,350 | €86,414 | +€44,064 | +104.0% |
| Deferred charges and accrued income | 490/1 | €2,335 | €217 | -€2,118 | -90.7% |
| Total equity and liabilities | 10/49 | €160,696 | €191,982 | +€31,286 | +19.5% |
| Equity | 10/15 | €42,410 | €136,255 | +€93,845 | +221.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €133,255 | +€133,255 | |
| Distributable reserves | 133 | - | €133,255 | +€133,255 | |
| Profit (loss) carried forward | 14 | €39,410 | €0 | -€39,410 | -100.0% |
| Amounts payable | 17/49 | €118,286 | €55,728 | -€62,559 | -52.9% |
| Amounts payable after more than one year | 17 | €27,739 | €0 | -€27,739 | -100.0% |
| Financial debts | 170/4 | €27,739 | €0 | -€27,739 | -100.0% |
| Amounts payable within one year | 42/48 | €90,544 | €55,728 | -€34,816 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €29,348 | €27,739 | -€1,609 | -5.5% |
| Financial debts | 43 | €1,938 | €5,555 | +€3,617 | +186.6% |
| Credit institutions | 430/8 | €1,938 | €5,555 | +€3,617 | +186.6% |
| Trade debts | 44 | €1,046 | €7,080 | +€6,035 | +577.2% |
| Suppliers | 440/4 | €1,046 | €7,080 | +€6,035 | +577.2% |
| Taxes, remuneration and social security | 45 | €2,323 | €15,353 | +€13,030 | +560.9% |
| Taxes | 450/3 | €2,323 | €15,353 | +€13,030 | +560.9% |
| Other amounts payable | 47/48 | €55,889 | €0 | -€55,889 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3 | €0 | -€3 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,276 | €22,939 | +€13,663 | +147.3% |
| Other operating charges | 640/8 | €6,985 | €790 | -€6,195 | -88.7% |
| Gross operating margin | 9900 | €74,689 | €159,021 | +€84,332 | +112.9% |
| Operating profit (loss) | 9901 | €58,427 | €135,292 | +€76,865 | +131.6% |
| Financial income | 75/76B | €20 | €34 | +€14 | +67.8% |
| Recurring financial income | 75 | €20 | €34 | +€14 | +67.8% |
| Financial charges | 65/66B | €414 | €1,760 | +€1,347 | +325.6% |
| Recurring financial charges | 65 | €414 | €1,760 | +€1,347 | +325.6% |
| Profit (loss) for the period before taxes | 9903 | €58,034 | €133,566 | +€75,532 | +130.2% |
| Income taxes | 67/77 | €10,955 | €39,721 | +€28,765 | +262.6% |
| Profit (loss) for the period | 9904 | €47,079 | €93,845 | +€46,767 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,079 | €93,845 | +€46,767 | +99.3% |
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.