2REINVENT: 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.
2REINVENT
Largest movements
- Tangible fixed assets -€13,639
down €13,639 (-23.9%), from €57,129 to €43,490
of which Furniture and vehicles: -€12,814
- Receivables within one year +€5,802
up €5,802 (+81.5%), from €7,117 to €12,919
of which Trade receivables: +€6,475
- Cash -€4,005
down €4,005 (-84.9%), from €4,720 to €715
mainly Net result for the year (-€11,778) and Debts after one year (-€7,904)
- Profit (loss) carried forward -€11,778
down €11,778, from €0 to -€11,778
- Debts after one year -€7,904
down €7,904 (-29.3%), from €26,931 to €19,027
- Other debts +€3,990
up €3,990 (+29.6%), from €13,493 to €17,483
- Trade debts +€3,742
up €3,742 (+197%), from €1,897 to €5,639
- Tax, wage and social debts -€733
down €733 (-19.1%), from €3,833 to €3,100
- Gross operating margin -€12,021
down €12,021 (-72.7%), from €16,538 to €4,516
- Depreciation +€2,391
up €2,391 (+21.3%), from €11,248 to €13,639
- Taxes -€939
down €939 (-86.2%), from €1,089 to €150
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 | €70,357 | €57,994 | -€12,363 | -17.6% |
| Fixed assets | 21/28 | €57,129 | €43,490 | -€13,639 | -23.9% |
| Tangible fixed assets | 22/27 | €57,129 | €43,490 | -€13,639 | -23.9% |
| Plant, machinery and equipment | 23 | €3,534 | €2,709 | -€825 | -23.3% |
| Furniture and vehicles | 24 | €53,595 | €40,781 | -€12,814 | -23.9% |
| Current assets | 29/58 | €13,228 | €14,504 | +€1,276 | +9.6% |
| Amounts receivable within one year | 40/41 | €7,117 | €12,919 | +€5,802 | +81.5% |
| Trade receivables | 40 | €5,558 | €12,033 | +€6,475 | +117% |
| Other amounts receivable | 41 | €1,560 | €887 | -€673 | -43.2% |
| Cash at bank and in hand | 54/58 | €4,720 | €715 | -€4,005 | -84.9% |
| Deferred charges and accrued income | 490/1 | €1,391 | €870 | -€520 | -37.4% |
| Total equity and liabilities | 10/49 | €70,357 | €57,994 | -€12,363 | -17.6% |
| Equity | 10/15 | €16,619 | €4,841 | -€11,778 | -70.9% |
| Contributions | 10/11 | €15,017 | €15,017 | = | 0.0% |
| Reserves | 13 | €1,602 | €1,602 | = | 0.0% |
| Distributable reserves | 133 | €1,602 | €1,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€11,778 | -€11,778 | |
| Amounts payable | 17/49 | €53,738 | €53,154 | -€585 | -1.1% |
| Amounts payable after more than one year | 17 | €26,931 | €19,027 | -€7,904 | -29.3% |
| Financial debts | 170/4 | €26,931 | €19,027 | -€7,904 | -29.3% |
| Amounts payable within one year | 42/48 | €26,807 | €34,126 | +€7,319 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €7,584 | €7,904 | +€321 | +4.2% |
| Trade debts | 44 | €1,897 | €5,639 | +€3,742 | +197% |
| Suppliers | 440/4 | €1,897 | €5,639 | +€3,742 | +197% |
| Taxes, remuneration and social security | 45 | €3,833 | €3,100 | -€733 | -19.1% |
| Taxes | 450/3 | €3,833 | €3,100 | -€733 | -19.1% |
| Other amounts payable | 47/48 | €13,493 | €17,483 | +€3,990 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,248 | €13,639 | +€2,391 | +21.3% |
| Other operating charges | 640/8 | €982 | €962 | -€20 | -2.0% |
| Gross operating margin | 9900 | €16,538 | €4,516 | -€12,021 | -72.7% |
| Operating profit (loss) | 9901 | €4,309 | -€10,084 | -€14,393 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,617 | €1,544 | -€74 | -4.6% |
| Recurring financial charges | 65 | €1,617 | €1,544 | -€74 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €2,691 | -€11,628 | -€14,319 | |
| Income taxes | 67/77 | €1,089 | €150 | -€939 | -86.2% |
| Profit (loss) for the period | 9904 | €1,602 | -€11,778 | -€13,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,602 | -€11,778 | -€13,380 |
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 15 October 2026 via checked.be.