RFB: 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.
RFB
Largest movements
- Cash +€12,018
up €12,018 (+184%), from €6,538 to €18,556
mainly Net result for the year (+€10,184) and Depreciation (+€1,193)
- Tangible fixed assets -€1,193
down €1,193 (-1.5%), from €77,695 to €76,502
- Profit (loss) carried forward +€10,184
up €10,184 (+42.7%), from -€23,837 to -€13,654
- Gross operating margin -€14,102
down €14,102 (-47.6%), from €29,610 to €15,508
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 | €84,558 | €95,767 | +€11,209 | +13.3% |
| Fixed assets | 21/28 | €77,695 | €76,502 | -€1,193 | -1.5% |
| Tangible fixed assets | 22/27 | €77,695 | €76,502 | -€1,193 | -1.5% |
| Land and buildings | 22 | €77,695 | €76,502 | -€1,193 | -1.5% |
| Current assets | 29/58 | €6,863 | €19,264 | +€12,402 | +181% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €324 | €708 | +€383 | +118% |
| Trade receivables | 40 | €111 | €516 | +€405 | +365% |
| Other amounts receivable | 41 | €214 | €192 | -€21 | -9.9% |
| Cash at bank and in hand | 54/58 | €6,538 | €18,556 | +€12,018 | +184% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €84,558 | €95,767 | +€11,209 | +13.3% |
| Equity | 10/15 | €62,127 | €72,311 | +€10,184 | +16.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €10,964 | €10,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,036 | €9,036 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,036 | €9,036 | = | 0.0% |
| Distributable reserves | 133 | €1,929 | €1,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,837 | -€13,654 | +€10,184 | +42.7% |
| Amounts payable | 17/49 | €22,431 | €23,456 | +€1,025 | +4.6% |
| Amounts payable within one year | 42/48 | €22,431 | €22,799 | +€368 | +1.6% |
| Trade debts | 44 | €215 | €139 | -€75 | -35.1% |
| Suppliers | 440/4 | €215 | €139 | -€75 | -35.1% |
| Taxes, remuneration and social security | 45 | €0 | €1 | +€1 | |
| Taxes | 450/3 | €0 | €1 | +€1 | |
| Other amounts payable | 47/48 | €22,216 | €22,659 | +€443 | +2.0% |
| Accrued charges and deferred income | 492/3 | €0 | €657 | +€657 | |
| Non-recurring operating income | 76A | €30,008 | €0 | -€30,008 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193 | €1,193 | = | 0.0% |
| Other operating charges | 640/8 | €3,529 | €3,606 | +€77 | +2.2% |
| Gross operating margin | 9900 | €29,610 | €15,508 | -€14,102 | -47.6% |
| Operating profit (loss) | 9901 | €24,888 | €10,709 | -€14,179 | -57.0% |
| Financial income | 75/76B | €0 | €17 | +€17 | +172,100% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +172,100% |
| Financial charges | 65/66B | €388 | €542 | +€154 | +39.6% |
| Recurring financial charges | 65 | €388 | €542 | +€154 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €24,500 | €10,184 | -€14,316 | -58.4% |
| Income taxes | 67/77 | -€0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €24,500 | €10,184 | -€14,316 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,500 | €10,184 | -€14,316 | -58.4% |
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 13 October 2026 via checked.be.