RGA 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.
RGA SERVICES
Largest movements
- Tangible fixed assets -€15,611
down €15,611 (-5.9%), from €265,761 to €250,150
- Current assets +€7,415
up €7,415 (+12.5%), from €59,118 to €66,533
of which Cash: +€8,139
- Debts -€47,618
down €47,618 (-17.8%), from €267,310 to €219,692
of which Debts after one year: -€30,000
- Profit (loss) carried forward +€39,423
up €39,423 (+91.0%), from €43,334 to €82,757
- Gross operating margin +€29,166
up €29,166 (+45.1%), from €64,671 to €93,837
- Taxes +€8,223
up €8,223 (+81.1%), from €10,140 to €18,363
From the 2007 result to the 2008 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2007 | 2008 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,905 | €316,709 | -€8,196 | -2.5% |
| Fixed assets | 21/28 | €265,787 | €250,176 | -€15,611 | -5.9% |
| Tangible fixed assets | 22/27 | €265,761 | €250,150 | -€15,611 | -5.9% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €59,118 | €66,533 | +€7,415 | +12.5% |
| Amounts receivable within one year | 40/41 | €9,222 | €8,347 | -€875 | -9.5% |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,839 | €56,978 | +€8,139 | +16.7% |
| Total equity and liabilities | 10/49 | €324,905 | €316,709 | -€8,196 | -2.5% |
| Equity | 10/15 | €57,594 | €97,017 | +€39,423 | +68.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,334 | €82,757 | +€39,423 | +91.0% |
| Amounts payable | 17/49 | €267,310 | €219,692 | -€47,618 | -17.8% |
| Amounts payable after more than one year | 17 | €202,500 | €172,500 | -€30,000 | -14.8% |
| Amounts payable within one year | 42/48 | €63,553 | €46,320 | -€17,233 | -27.1% |
| Trade debts | 44 | €1,723 | €2,233 | +€511 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,802 | €19,464 | +€662 | +3.5% |
| Gross operating margin | 9900 | €64,671 | €93,837 | +€29,166 | +45.1% |
| Operating profit (loss) | 9901 | €43,682 | €72,041 | +€28,359 | +64.9% |
| Recurring financial income | 75 | €561 | €96 | -€465 | -82.9% |
| Recurring financial charges | 65 | €14,164 | €14,351 | +€187 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €30,079 | €57,786 | +€27,707 | +92.1% |
| Income taxes | 67/77 | €10,140 | €18,363 | +€8,223 | +81.1% |
| Profit (loss) for the period | 9904 | €19,939 | €39,423 | +€19,484 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,939 | €39,423 | +€19,484 | +97.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2007 and 30 June 2008. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.