RF CONSULT: 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.
RF CONSULT
Largest movements
- Current investments +€25,000
new in 2025: €25,000
- Receivables within one year +€3,328
up €3,328 (+101.0%), from €3,294 to €6,622
- Cash -€1,967
down €1,967 (-10.9%), from €18,027 to €16,061
mainly Current investments (-€25,000) and Receivables within one year (-€3,328)
- Reserves +€19,586
up €19,586 (+160.3%), from €12,221 to €31,807
- Tax, wage and social debts +€6,838
up €6,838 (+104.6%), from €6,537 to €13,375
- Gross operating margin +€10,090
up €10,090 (+59.6%), from €16,916 to €27,007
- Taxes +€2,902
up €2,902 (+62.5%), from €4,644 to €7,546
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 | €21,515 | €47,884 | +€26,369 | +122.6% |
| Current assets | 29/58 | €21,515 | €47,884 | +€26,369 | +122.6% |
| Amounts receivable within one year | 40/41 | €3,294 | €6,622 | +€3,328 | +101.0% |
| Trade receivables | 40 | €3,294 | €6,622 | +€3,328 | +101.0% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €18,027 | €16,061 | -€1,967 | -10.9% |
| Deferred charges and accrued income | 490/1 | €194 | €202 | +€8 | +4.0% |
| Total equity and liabilities | 10/49 | €21,515 | €47,884 | +€26,369 | +122.6% |
| Equity | 10/15 | €14,721 | €34,307 | +€19,586 | +133.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,221 | €31,807 | +€19,586 | +160.3% |
| Distributable reserves | 133 | €12,221 | €31,807 | +€19,586 | +160.3% |
| Amounts payable | 17/49 | €6,794 | €13,577 | +€6,783 | +99.8% |
| Amounts payable within one year | 42/48 | €6,794 | €13,577 | +€6,783 | +99.8% |
| Trade debts | 44 | €257 | €202 | -€55 | -21.5% |
| Suppliers | 440/4 | €257 | €202 | -€55 | -21.5% |
| Taxes, remuneration and social security | 45 | €6,537 | €13,375 | +€6,838 | +104.6% |
| Taxes | 450/3 | €6,537 | €13,375 | +€6,838 | +104.6% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €16,916 | €27,007 | +€10,090 | +59.6% |
| Operating profit (loss) | 9901 | €16,866 | €27,007 | +€10,140 | +60.1% |
| Financial income | 75/76B | - | €185 | +€185 | |
| Recurring financial income | 75 | - | €185 | +€185 | |
| Financial charges | 65/66B | €1 | €60 | +€59 | +5725.2% |
| Recurring financial charges | 65 | €1 | €60 | +€59 | +5725.2% |
| Profit (loss) for the period before taxes | 9903 | €16,865 | €27,132 | +€10,266 | +60.9% |
| Income taxes | 67/77 | €4,644 | €7,546 | +€2,902 | +62.5% |
| Profit (loss) for the period | 9904 | €12,221 | €19,586 | +€7,365 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,221 | €19,586 | +€7,365 | +60.3% |
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 29 September 2026 via checked.be.