RFR Consulting: 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.
RFR Consulting
Largest movements
- Receivables within one year +€9,098
up €9,098 (+56.6%), from €16,078 to €25,176
of which Trade receivables: +€8,777
- Cash -€7,964
down €7,964 (-22.2%), from €35,905 to €27,941
mainly Contributions, distributions and other (-€28,410) and Receivables within one year (-€9,098)
- Deferred charges and accrued income +€1,638
new in 2025: €1,638
- Tax, wage and social debts -€8,260
down €8,260 (-83.5%), from €9,889 to €1,629
- Trade debts +€8,118
up €8,118 (+258%), from €3,151 to €11,269
- Other debts +€2,914
up €2,914 (+8.1%), from €35,944 to €38,857
- Other operating charges -€2,332
down €2,332 (-71.0%), from €3,286 to €954
- Gross operating margin -€1,085
down €1,085 (-2.8%), from €39,328 to €38,242
- Depreciation -€819
no longer reported in 2025 (was €819)
- Taxes -€495
down €495 (-5.4%), from €9,197 to €8,702
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 | €51,984 | €54,756 | +€2,772 | +5.3% |
| Current assets | 29/58 | €51,984 | €54,756 | +€2,772 | +5.3% |
| Amounts receivable within one year | 40/41 | €16,078 | €25,176 | +€9,098 | +56.6% |
| Trade receivables | 40 | €12,602 | €21,378 | +€8,777 | +69.6% |
| Other amounts receivable | 41 | €3,477 | €3,798 | +€321 | +9.2% |
| Cash at bank and in hand | 54/58 | €35,905 | €27,941 | -€7,964 | -22.2% |
| Deferred charges and accrued income | 490/1 | - | €1,638 | +€1,638 | |
| Total equity and liabilities | 10/49 | €51,984 | €54,756 | +€2,772 | +5.3% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €48,984 | €51,756 | +€2,772 | +5.7% |
| Amounts payable within one year | 42/48 | €48,984 | €51,756 | +€2,772 | +5.7% |
| Trade debts | 44 | €3,151 | €11,269 | +€8,118 | +258% |
| Suppliers | 440/4 | €3,151 | €11,269 | +€8,118 | +258% |
| Taxes, remuneration and social security | 45 | €9,889 | €1,629 | -€8,260 | -83.5% |
| Taxes | 450/3 | €9,889 | €1,629 | -€8,260 | -83.5% |
| Other amounts payable | 47/48 | €35,944 | €38,857 | +€2,914 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €819 | - | -€819 | |
| Other operating charges | 640/8 | €3,286 | €954 | -€2,332 | -71.0% |
| Gross operating margin | 9900 | €39,328 | €38,242 | -€1,085 | -2.8% |
| Operating profit (loss) | 9901 | €35,222 | €37,288 | +€2,066 | +5.9% |
| Financial charges | 65/66B | €479 | €176 | -€303 | -63.3% |
| Recurring financial charges | 65 | €479 | €176 | -€303 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €34,743 | €37,113 | +€2,369 | +6.8% |
| Income taxes | 67/77 | €9,197 | €8,702 | -€495 | -5.4% |
| Profit (loss) for the period | 9904 | €25,546 | €28,410 | +€2,864 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,546 | €28,410 | +€2,864 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.