RF ATELIER: 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.
RF ATELIER
Largest movements
- Cash +€18,426
up €18,426 (+482%), from €3,820 to €22,246
mainly Net result for the year (+€19,871) and Depreciation (+€7,974)
- Tangible fixed assets -€3,832
down €3,832 (-12.4%), from €30,929 to €27,097
of which Furniture and vehicles: -€4,609
- Receivables within one year -€2,393
down €2,393 (-37.9%), from €6,318 to €3,924
of which Other amounts receivable: -€4,115
- Profit (loss) carried forward +€19,038
up €19,038 (+131%), from €14,559 to €33,597
- Debts after one year -€7,227
down €7,227 (-40.3%), from €17,943 to €10,716
of which Financial debts: -€4,882
- Tax, wage and social debts +€965
new in 2025: €965
- Gross operating margin +€4,924
up €4,924 (+16.9%), from €29,104 to €34,027
- Taxes +€1,435
up €1,435 (+38.3%), from €3,747 to €5,181
- Depreciation -€607
down €607 (-7.1%), from €8,581 to €7,974
- Other operating charges -€525
down €525 (-55.3%), from €949 to €425
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.
Derived cash bridge
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 | €41,067 | €53,268 | +€12,201 | +29.7% |
| Fixed assets | 21/28 | €30,929 | €27,097 | -€3,832 | -12.4% |
| Tangible fixed assets | 22/27 | €30,929 | €27,097 | -€3,832 | -12.4% |
| Plant, machinery and equipment | 23 | €943 | €2,048 | +€1,105 | +117% |
| Furniture and vehicles | 24 | €12,298 | €7,689 | -€4,609 | -37.5% |
| Other tangible fixed assets | 26 | €17,688 | €17,360 | -€328 | -1.9% |
| Current assets | 29/58 | €10,138 | €26,170 | +€16,033 | +158% |
| Amounts receivable within one year | 40/41 | €6,318 | €3,924 | -€2,393 | -37.9% |
| Trade receivables | 40 | €2,161 | €3,883 | +€1,721 | +79.7% |
| Other amounts receivable | 41 | €4,156 | €42 | -€4,115 | -99.0% |
| Cash at bank and in hand | 54/58 | €3,820 | €22,246 | +€18,426 | +482% |
| Total equity and liabilities | 10/49 | €41,067 | €53,268 | +€12,201 | +29.7% |
| Equity | 10/15 | €16,559 | €35,597 | +€19,038 | +115% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,559 | €33,597 | +€19,038 | +131% |
| Amounts payable | 17/49 | €24,508 | €17,671 | -€6,837 | -27.9% |
| Amounts payable after more than one year | 17 | €17,943 | €10,716 | -€7,227 | -40.3% |
| Financial debts | 170/4 | €6,946 | €2,064 | -€4,882 | -70.3% |
| Other amounts payable | 178/9 | €10,996 | €8,652 | -€2,345 | -21.3% |
| Amounts payable within one year | 42/48 | €6,565 | €6,955 | +€390 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €5,178 | €4,882 | -€296 | -5.7% |
| Trade debts | 44 | €533 | €275 | -€259 | -48.5% |
| Suppliers | 440/4 | €533 | €275 | -€259 | -48.5% |
| Taxes, remuneration and social security | 45 | - | €965 | +€965 | |
| Taxes | 450/3 | - | €965 | +€965 | |
| Other amounts payable | 47/48 | €854 | €833 | -€21 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,581 | €7,974 | -€607 | -7.1% |
| Other operating charges | 640/8 | €949 | €425 | -€525 | -55.3% |
| Gross operating margin | 9900 | €29,104 | €34,027 | +€4,924 | +16.9% |
| Operating profit (loss) | 9901 | €19,574 | €25,629 | +€6,055 | +30.9% |
| Financial income | 75/76B | €70 | - | -€70 | |
| Recurring financial income | 75 | €70 | - | -€70 | |
| Financial charges | 65/66B | €505 | €577 | +€72 | +14.2% |
| Recurring financial charges | 65 | €505 | €577 | +€72 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €19,139 | €25,052 | +€5,913 | +30.9% |
| Income taxes | 67/77 | €3,747 | €5,181 | +€1,435 | +38.3% |
| Profit (loss) for the period | 9904 | €15,392 | €19,871 | +€4,479 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,392 | €19,871 | +€4,479 | +29.1% |
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 18 October 2026 via checked.be.