RFCon: what changed
RFCon
Largest movements
- Cash -€27,508
down €27,508 (-50.7%), from €54,261 to €26,753
mainly Other debts (-€26,433) and Investment in fixed assets (net) (-€10,561)
- Receivables within one year +€7,625
up €7,625 (+26.6%), from €28,715 to €36,340
- Tangible fixed assets +€2,656
up €2,656 (+1.5%), from €176,974 to €179,630
of which Furniture and vehicles: +€6,636
- Other debts -€26,433
down €26,433 (-40.7%), from €64,900 to €38,467
- Profit (loss) carried forward +€20,826
up €20,826 (+1,266%), from €1,645 to €22,471
- Debts after one year -€6,745
down €6,745 (-4.8%), from €141,380 to €134,635
- Trade debts -€5,375
down €5,375 (-17.2%), from €31,207 to €25,832
- Other operating charges -€40,537
down €40,537 (-95.5%), from €42,430 to €1,893
- Gross operating margin -€8,184
down €8,184 (-14.8%), from €55,223 to €47,039
- Financial charges +€3,530
up €3,530 (+57.6%), from €6,133 to €9,663
- Taxes +€3,198
up €3,198 (+90.0%), from €3,554 to €6,752
- Depreciation +€1,934
up €1,934 (+32.4%), from €5,971 to €7,906
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,347 | €243,853 | -€18,495 | -7.0% |
| Fixed assets | 21/28 | €176,974 | €179,630 | +€2,656 | +1.5% |
| Tangible fixed assets | 22/27 | €176,974 | €179,630 | +€2,656 | +1.5% |
| Land and buildings | 22 | €174,981 | €171,001 | -€3,980 | -2.3% |
| Furniture and vehicles | 24 | €1,993 | €8,629 | +€6,636 | +333% |
| Current assets | 29/58 | €85,373 | €64,222 | -€21,150 | -24.8% |
| Amounts receivable within one year | 40/41 | €28,715 | €36,340 | +€7,625 | +26.6% |
| Trade receivables | 40 | €28,715 | €36,340 | +€7,625 | +26.6% |
| Cash at bank and in hand | 54/58 | €54,261 | €26,753 | -€27,508 | -50.7% |
| Deferred charges and accrued income | 490/1 | €2,397 | €1,130 | -€1,267 | -52.9% |
| Total equity and liabilities | 10/49 | €262,347 | €243,853 | -€18,495 | -7.0% |
| Equity | 10/15 | €3,645 | €24,471 | +€20,826 | +571% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,645 | €22,471 | +€20,826 | +1,266% |
| Amounts payable | 17/49 | €258,702 | €219,382 | -€39,321 | -15.2% |
| Amounts payable after more than one year | 17 | €141,380 | €134,635 | -€6,745 | -4.8% |
| Financial debts | 170/4 | €141,380 | €134,635 | -€6,745 | -4.8% |
| Amounts payable within one year | 42/48 | €117,322 | €84,746 | -€32,575 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €6,460 | €6,745 | +€285 | +4.4% |
| Trade debts | 44 | €31,207 | €25,832 | -€5,375 | -17.2% |
| Suppliers | 440/4 | €31,207 | €25,832 | -€5,375 | -17.2% |
| Taxes, remuneration and social security | 45 | €14,755 | €13,702 | -€1,053 | -7.1% |
| Taxes | 450/3 | €14,755 | €13,702 | -€1,053 | -7.1% |
| Other amounts payable | 47/48 | €64,900 | €38,467 | -€26,433 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,971 | €7,906 | +€1,934 | +32.4% |
| Other operating charges | 640/8 | €42,430 | €1,893 | -€40,537 | -95.5% |
| Gross operating margin | 9900 | €55,223 | €47,039 | -€8,184 | -14.8% |
| Operating profit (loss) | 9901 | €6,822 | €37,241 | +€30,419 | +446% |
| Financial income | 75/76B | €5 | €0 | -€5 | -98.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -98.8% |
| Financial charges | 65/66B | €6,133 | €9,663 | +€3,530 | +57.6% |
| Recurring financial charges | 65 | €6,133 | €9,663 | +€3,530 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €694 | €27,578 | +€26,884 | +3,876% |
| Income taxes | 67/77 | €3,554 | €6,752 | +€3,198 | +90.0% |
| Profit (loss) for the period | 9904 | -€2,861 | €20,826 | +€23,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,861 | €20,826 | +€23,687 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.