RIFRA: what changed
Two fiscal 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.
RIFRA
Largest movements
- Tangible fixed assets -€4,547
down €4,547 (-4.3%), from €106,394 to €101,847
- Cash +€1,704
up €1,704 (+230.2%), from €740 to €2,444
mainly Depreciation (+€4,547) and Other debts (+€2,200)
- Tax, wage and social debts -€2,764
down €2,764 (-100.0%), from €2,764 to €0
- Other debts +€2,200
up €2,200 (+4.3%), from €51,434 to €53,634
- Profit (loss) carried forward -€1,900
down €1,900 (-11.2%), from -€16,984 to -€18,884
- Financial charges -€3,737
down €3,737 (-98.0%), from €3,814 to €77
- Gross operating margin +€1,691
up €1,691 (+56.5%), from €2,992 to €4,683
- Other operating charges +€1,419
up €1,419 (+262.9%), from €540 to €1,959
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.
Cash bridge derived
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 | €107,135 | €104,292 | -€2,843 | -2.7% |
| Fixed assets | 21/28 | €106,394 | €101,847 | -€4,547 | -4.3% |
| Tangible fixed assets | 22/27 | €106,394 | €101,847 | -€4,547 | -4.3% |
| Land and buildings | 22 | €106,394 | €101,847 | -€4,547 | -4.3% |
| Current assets | 29/58 | €740 | €2,444 | +€1,704 | +230.2% |
| Cash at bank and in hand | 54/58 | €740 | €2,444 | +€1,704 | +230.2% |
| Total equity and liabilities | 10/49 | €107,135 | €104,292 | -€2,843 | -2.7% |
| Equity | 10/15 | €51,636 | €49,736 | -€1,900 | -3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,620 | €6,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,252 | €5,252 | = | 0.0% |
| Legal reserve | 130 | €5,252 | €5,252 | = | 0.0% |
| Distributable reserves | 133 | €1,368 | €1,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,984 | -€18,884 | -€1,900 | -11.2% |
| Amounts payable | 17/49 | €55,498 | €54,555 | -€943 | -1.7% |
| Amounts payable within one year | 42/48 | €54,621 | €53,688 | -€933 | -1.7% |
| Trade debts | 44 | €424 | €54 | -€369 | -87.1% |
| Suppliers | 440/4 | €424 | €54 | -€369 | -87.1% |
| Taxes, remuneration and social security | 45 | €2,764 | €0 | -€2,764 | -100.0% |
| Taxes | 450/3 | €2,764 | €0 | -€2,764 | -100.0% |
| Other amounts payable | 47/48 | €51,434 | €53,634 | +€2,200 | +4.3% |
| Accrued charges and deferred income | 492/3 | €877 | €867 | -€10 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,547 | €4,547 | +€0 | 0.0% |
| Other operating charges | 640/8 | €540 | €1,959 | +€1,419 | +262.9% |
| Gross operating margin | 9900 | €2,992 | €4,683 | +€1,691 | +56.5% |
| Operating profit (loss) | 9901 | -€2,095 | -€1,823 | +€272 | +13.0% |
| Financial charges | 65/66B | €3,814 | €77 | -€3,737 | -98.0% |
| Recurring financial charges | 65 | €3,814 | €77 | -€3,737 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,909 | -€1,900 | +€4,009 | +67.8% |
| Profit (loss) for the period | 9904 | -€5,909 | -€1,900 | +€4,009 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,909 | -€1,900 | +€4,009 | +67.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.