RF Solution: 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 Solution
Largest movements
- Tangible fixed assets +€6,114
up €6,114 (+54.7%), from €11,186 to €17,300
- Cash +€3,222
up €3,222 (+14.3%), from €22,496 to €25,718
mainly Net result for the year (+€7,310) and Depreciation (+€3,746)
- Receivables within one year +€1,258
up €1,258 (+16.7%), from €7,536 to €8,795
of which Other amounts receivable: +€5,161
- Profit (loss) carried forward +€7,310
up €7,310 (+28.9%), from €25,303 to €32,613
- Short-term financial debts +€2,353
new in 2025: €2,353
- Other debts -€1,624
down €1,624 (-51.5%), from €3,156 to €1,532
- Tax, wage and social debts +€1,326
up €1,326 (+20.3%), from €6,541 to €7,867
- Trade debts +€1,188
up €1,188 (+177%), from €673 to €1,861
- Gross operating margin -€18,777
down €18,777 (-56.6%), from €33,146 to €14,369
- Taxes -€4,221
down €4,221 (-67.7%), from €6,235 to €2,014
- Depreciation +€2,105
up €2,105 (+128%), from €1,641 to €3,746
- Financial charges +€688
up €688 (+216%), from €318 to €1,006
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 | €42,479 | €52,726 | +€10,246 | +24.1% |
| Fixed assets | 21/28 | €11,186 | €17,300 | +€6,114 | +54.7% |
| Tangible fixed assets | 22/27 | €11,186 | €17,300 | +€6,114 | +54.7% |
| Furniture and vehicles | 24 | €11,186 | €17,300 | +€6,114 | +54.7% |
| Current assets | 29/58 | €31,294 | €35,426 | +€4,132 | +13.2% |
| Amounts receivable within one year | 40/41 | €7,536 | €8,795 | +€1,258 | +16.7% |
| Trade receivables | 40 | €6,486 | €2,583 | -€3,903 | -60.2% |
| Other amounts receivable | 41 | €1,050 | €6,211 | +€5,161 | +491% |
| Cash at bank and in hand | 54/58 | €22,496 | €25,718 | +€3,222 | +14.3% |
| Deferred charges and accrued income | 490/1 | €1,261 | €913 | -€348 | -27.6% |
| Total equity and liabilities | 10/49 | €42,479 | €52,726 | +€10,246 | +24.1% |
| Equity | 10/15 | €30,303 | €37,613 | +€7,310 | +24.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,303 | €32,613 | +€7,310 | +28.9% |
| Amounts payable | 17/49 | €12,177 | €15,113 | +€2,936 | +24.1% |
| Amounts payable within one year | 42/48 | €10,370 | €13,613 | +€3,243 | +31.3% |
| Financial debts | 43 | - | €2,353 | +€2,353 | |
| Credit institutions | 430/8 | - | €2,353 | +€2,353 | |
| Trade debts | 44 | €673 | €1,861 | +€1,188 | +177% |
| Suppliers | 440/4 | €673 | €1,861 | +€1,188 | +177% |
| Taxes, remuneration and social security | 45 | €6,541 | €7,867 | +€1,326 | +20.3% |
| Taxes | 450/3 | €6,541 | €7,867 | +€1,326 | +20.3% |
| Other amounts payable | 47/48 | €3,156 | €1,532 | -€1,624 | -51.5% |
| Accrued charges and deferred income | 492/3 | €1,807 | €1,500 | -€307 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,641 | €3,746 | +€2,105 | +128% |
| Other operating charges | 640/8 | €291 | €313 | +€22 | +7.6% |
| Gross operating margin | 9900 | €33,146 | €14,369 | -€18,777 | -56.6% |
| Operating profit (loss) | 9901 | €31,214 | €10,309 | -€20,905 | -67.0% |
| Financial income | 75/76B | €93 | €21 | -€72 | -77.8% |
| Recurring financial income | 75 | €93 | €21 | -€72 | -77.8% |
| Financial charges | 65/66B | €318 | €1,006 | +€688 | +216% |
| Recurring financial charges | 65 | €318 | €1,006 | +€688 | +216% |
| Profit (loss) for the period before taxes | 9903 | €30,989 | €9,324 | -€21,664 | -69.9% |
| Income taxes | 67/77 | €6,235 | €2,014 | -€4,221 | -67.7% |
| Profit (loss) for the period | 9904 | €24,754 | €7,310 | -€17,444 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,754 | €7,310 | -€17,444 | -70.5% |
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 15 October 2026 via checked.be.