RF SERVICES: 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 SERVICES
Largest movements
- Stocks and contracts -€100,000
down €100,000 (-32.4%), from €309,077 to €209,077
- Deferred charges and accrued income +€87,000
new in 2025: €87,000
- Receivables within one year -€41,596
down €41,596 (-27.4%), from €151,697 to €110,102
of which Trade receivables: -€42,760
- Accrued charges and deferred income -€44,260
no longer reported in 2025 (was €44,260)
- Other debts -€38,015
down €38,015 (-8.7%), from €439,171 to €401,157
- Profit (loss) carried forward +€29,485
up €29,485 (+70.4%), from -€41,855 to -€12,370
- Gross operating margin +€19,488
up €19,488 (+19.7%), from €98,810 to €118,297
- Taxes +€5,337
up €5,337 (+733.1%), from €728 to €6,065
- Staff costs -€2,220
down €2,220 (-4.1%), from €54,806 to €52,586
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 | €461,310 | €410,460 | -€50,850 | -11.0% |
| Current assets | 29/58 | €461,310 | €410,460 | -€50,850 | -11.0% |
| Stocks and contracts in progress | 3 | €309,077 | €209,077 | -€100,000 | -32.4% |
| Stocks | 30/36 | €309,077 | €209,077 | -€100,000 | -32.4% |
| Amounts receivable within one year | 40/41 | €151,697 | €110,102 | -€41,596 | -27.4% |
| Trade receivables | 40 | €144,905 | €102,145 | -€42,760 | -29.5% |
| Other amounts receivable | 41 | €6,792 | €7,957 | +€1,164 | +17.1% |
| Cash at bank and in hand | 54/58 | €536 | €4,281 | +€3,746 | +699.3% |
| Deferred charges and accrued income | 490/1 | - | €87,000 | +€87,000 | |
| Total equity and liabilities | 10/49 | €461,310 | €410,460 | -€50,850 | -11.0% |
| Equity | 10/15 | -€22,121 | €7,364 | +€29,485 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,134 | €1,134 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,134 | €1,134 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,134 | €1,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,855 | -€12,370 | +€29,485 | +70.4% |
| Amounts payable | 17/49 | €483,431 | €403,096 | -€80,335 | -16.6% |
| Amounts payable within one year | 42/48 | €439,171 | €403,096 | -€36,075 | -8.2% |
| Trade debts | 44 | - | €906 | +€906 | |
| Suppliers | 440/4 | - | €906 | +€906 | |
| Taxes, remuneration and social security | 45 | - | €1,033 | +€1,033 | |
| Taxes | 450/3 | - | €1,033 | +€1,033 | |
| Other amounts payable | 47/48 | €439,171 | €401,157 | -€38,015 | -8.7% |
| Accrued charges and deferred income | 492/3 | €44,260 | - | -€44,260 | |
| Non-recurring operating income | 76A | €14,730 | - | -€14,730 | |
| Remuneration, social security and pensions | 62 | €54,806 | €52,586 | -€2,220 | -4.1% |
| Other operating charges | 640/8 | - | €2 | +€2 | |
| Gross operating margin | 9900 | €98,810 | €118,297 | +€19,488 | +19.7% |
| Operating profit (loss) | 9901 | €44,003 | €65,709 | +€21,706 | +49.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €308 | €161 | -€147 | -47.8% |
| Recurring financial charges | 65 | €308 | €161 | -€147 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €43,696 | €65,550 | +€21,854 | +50.0% |
| Income taxes | 67/77 | €728 | €6,065 | +€5,337 | +733.1% |
| Profit (loss) for the period | 9904 | €42,968 | €59,485 | +€16,517 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,968 | €59,485 | +€16,517 | +38.4% |
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 10 October 2026 via checked.be.