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RESAFCO: 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

RESAFCO

BE 0840.414.136
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,035
2024 · -€1,054+€20
Equity
-€9,502
2024 · -€8,467-€1,035
Cash
-
not filed
Balance sheet total
€552
2024 · €552

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 -€1,035

      down €1,035 (-2.3%), from -€44,216 to -€45,251

    • Other debts +€1,035

      up €1,035 (+11.5%), from €9,019 to €10,054

    Income statement
    • Financial charges -€62

      no longer reported in 2025 (was €62)

    • Gross operating margin -€42

      down €42 (-4.3%), from -€992 to -€1,035

    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 -€1,054
    Gross operating margin -€42
    Financial charges +€62
    Result 2025 -€1,035

    Cash bridge derived

    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 19 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €552 €552 = 0.0%
    Fixed assets 21/28 €552 €552 = 0.0%
    Financial fixed assets 28 €552 €552 = 0.0%
    Total equity and liabilities 10/49 €552 €552 = 0.0%
    Equity 10/15 -€8,467 -€9,502 -€1,035 -12.2%
    Contributions 10/11 €12,400 €12,400 = 0.0%
    Reserves 13 €23,349 €23,349 = 0.0%
    Distributable reserves 133 €23,349 €23,349 = 0.0%
    Profit (loss) carried forward 14 -€44,216 -€45,251 -€1,035 -2.3%
    Amounts payable 17/49 €9,019 €10,054 +€1,035 +11.5%
    Amounts payable within one year 42/48 €9,019 €10,054 +€1,035 +11.5%
    Other amounts payable 47/48 €9,019 €10,054 +€1,035 +11.5%
    Gross operating margin 9900 -€992 -€1,035 -€42 -4.3%
    Operating profit (loss) 9901 -€992 -€1,035 -€42 -4.3%
    Financial charges 65/66B €62 - -€62
    Recurring financial charges 65 €62 - -€62
    Profit (loss) for the period before taxes 9903 -€1,054 -€1,035 +€20 +1.9%
    Profit (loss) for the period 9904 -€1,054 -€1,035 +€20 +1.9%
    Profit (loss) for the period to be appropriated 9905 -€1,054 -€1,035 +€20 +1.9%

    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 29 September 2026 via checked.be.