RF productions: 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 productions
Largest movements
- Tangible fixed assets +€89,509
up €89,509, from €0 to €89,509
of which Furniture and vehicles: +€46,912
- Receivables within one year -€6,893
down €6,893 (-45.1%), from €15,300 to €8,407
of which Trade receivables: -€7,286
- Current portion of long-term debt +€136,001
up €136,001, from €0 to €136,001
- Profit (loss) carried forward -€56,059
down €56,059 (-96.8%), from -€57,891 to -€113,950
- Advances received -€2,605
no longer reported in 2025 (was €2,605)
- Short-term financial debts +€2,020
up €2,020 (+1,267%), from €159 to €2,180
- Trade debts +€1,503
up €1,503 (+38.7%), from €3,884 to €5,387
- Depreciation +€19,587
up €19,587 (+4,099%), from €478 to €20,065
- Other operating charges +€9,573
up €9,573 (+826%), from €1,159 to €10,732
- Financial income -€1,816
down €1,816 (-90.7%), from €2,002 to €187
- Gross operating margin +€869
up €869 (+15.4%), from €5,633 to €6,502
- Staff costs -€76
no longer reported in 2025 (was €76)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,523 | €104,699 | +€81,176 | +345% |
| Fixed assets | 21/28 | €1,416 | €90,133 | +€88,717 | +6,264% |
| Intangible fixed assets | 21 | €1,292 | €501 | -€791 | -61.2% |
| Tangible fixed assets | 22/27 | €0 | €89,509 | +€89,509 | |
| Plant, machinery and equipment | 23 | - | €42,597 | +€42,597 | |
| Furniture and vehicles | 24 | €0 | €46,912 | +€46,912 | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €22,106 | €14,565 | -€7,541 | -34.1% |
| Amounts receivable within one year | 40/41 | €15,300 | €8,407 | -€6,893 | -45.1% |
| Trade receivables | 40 | €15,095 | €7,809 | -€7,286 | -48.3% |
| Other amounts receivable | 41 | €205 | €598 | +€393 | +192% |
| Cash at bank and in hand | 54/58 | €6,783 | €5,806 | -€976 | -14.4% |
| Deferred charges and accrued income | 490/1 | €24 | €352 | +€329 | +1,380% |
| Total equity and liabilities | 10/49 | €23,523 | €104,699 | +€81,176 | +345% |
| Equity | 10/15 | €10,709 | -€45,350 | -€56,059 | |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,891 | -€113,950 | -€56,059 | -96.8% |
| Amounts payable | 17/49 | €12,814 | €150,049 | +€137,235 | +1,071% |
| Amounts payable within one year | 42/48 | €12,814 | €150,049 | +€137,235 | +1,071% |
| Current portion of amounts payable after more than one year | 42 | €0 | €136,001 | +€136,001 | |
| Financial debts | 43 | €159 | €2,180 | +€2,020 | +1,267% |
| Credit institutions | 430/8 | €159 | €2,180 | +€2,020 | +1,267% |
| Trade debts | 44 | €3,884 | €5,387 | +€1,503 | +38.7% |
| Suppliers | 440/4 | €3,884 | €5,387 | +€1,503 | +38.7% |
| Advances received on contracts in progress | 46 | €2,605 | - | -€2,605 | |
| Taxes, remuneration and social security | 45 | €134 | €15 | -€119 | -88.7% |
| Taxes | 450/3 | €59 | €15 | -€43 | -74.0% |
| Remuneration and social security | 454/9 | €76 | - | -€76 | |
| Other amounts payable | 47/48 | €6,031 | €6,466 | +€435 | +7.2% |
| Remuneration, social security and pensions | 62 | €76 | - | -€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €478 | €20,065 | +€19,587 | +4,099% |
| Other operating charges | 640/8 | €1,159 | €10,732 | +€9,573 | +826% |
| Gross operating margin | 9900 | €5,633 | €6,502 | +€869 | +15.4% |
| Operating profit (loss) | 9901 | €3,920 | -€24,295 | -€28,215 | |
| Financial income | 75/76B | €2,002 | €187 | -€1,816 | -90.7% |
| Recurring financial income | 75 | €2,002 | €187 | -€1,816 | -90.7% |
| Financial charges | 65/66B | €187 | €202 | +€15 | +8.0% |
| Recurring financial charges | 65 | €187 | €202 | +€15 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €5,735 | -€24,311 | -€30,046 | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €5,735 | -€24,311 | -€30,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,735 | -€24,311 | -€30,046 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.