ASTRID REYNDERS: 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.
ASTRID REYNDERS
Largest movements
- Cash +€42,760
up €42,760 (+306%), from €13,959 to €56,719
mainly Net result for the year (+€40,172) and Short-term financial debts (+€5,047)
- Tangible fixed assets +€2,137
up €2,137 (+131%), from €1,636 to €3,773
- Receivables within one year +€2,115
up €2,115 (+18.1%), from €11,683 to €13,798
of which Other amounts receivable: +€4,113
- Reserves +€40,172
up €40,172 (+428%), from €9,387 to €49,559
- Short-term financial debts +€5,047
new in 2025: €5,047
- Gross operating margin +€40,262
up €40,262 (+315%), from €12,788 to €53,050
- Taxes +€8,472
up €8,472 (+351%), from €2,415 to €10,887
- Financial charges +€836
up €836 (+226%), from €371 to €1,207
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 | €27,278 | €74,290 | +€47,012 | +172% |
| Fixed assets | 21/28 | €1,636 | €3,773 | +€2,137 | +131% |
| Tangible fixed assets | 22/27 | €1,636 | €3,773 | +€2,137 | +131% |
| Furniture and vehicles | 24 | €1,636 | €3,773 | +€2,137 | +131% |
| Current assets | 29/58 | €25,642 | €70,517 | +€44,874 | +175% |
| Amounts receivable within one year | 40/41 | €11,683 | €13,798 | +€2,115 | +18.1% |
| Trade receivables | 40 | €10,099 | €8,100 | -€1,999 | -19.8% |
| Other amounts receivable | 41 | €1,585 | €5,698 | +€4,113 | +260% |
| Cash at bank and in hand | 54/58 | €13,959 | €56,719 | +€42,760 | +306% |
| Total equity and liabilities | 10/49 | €27,278 | €74,290 | +€47,012 | +172% |
| Equity | 10/15 | €13,387 | €53,559 | +€40,172 | +300% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €9,387 | €49,559 | +€40,172 | +428% |
| Distributable reserves | 133 | €9,387 | €49,559 | +€40,172 | +428% |
| Amounts payable | 17/49 | €13,891 | €20,731 | +€6,840 | +49.2% |
| Amounts payable within one year | 42/48 | €13,891 | €20,150 | +€6,259 | +45.1% |
| Financial debts | 43 | - | €5,047 | +€5,047 | |
| Credit institutions | 430/8 | - | €5,047 | +€5,047 | |
| Trade debts | 44 | €2,091 | €2,577 | +€486 | +23.2% |
| Suppliers | 440/4 | €2,091 | €2,577 | +€486 | +23.2% |
| Taxes, remuneration and social security | 45 | €7,143 | €7,849 | +€706 | +9.9% |
| Taxes | 450/3 | €4,643 | €5,949 | +€1,306 | +28.1% |
| Remuneration and social security | 454/9 | €2,500 | €1,900 | -€600 | -24.0% |
| Other amounts payable | 47/48 | €4,657 | €4,677 | +€21 | +0.4% |
| Accrued charges and deferred income | 492/3 | - | €581 | +€581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €393 | +€323 | +468% |
| Other operating charges | 640/8 | €546 | €525 | -€21 | -3.8% |
| Gross operating margin | 9900 | €12,788 | €53,050 | +€40,262 | +315% |
| Operating profit (loss) | 9901 | €12,173 | €52,133 | +€39,960 | +328% |
| Financial income | 75/76B | - | €133 | +€133 | |
| Recurring financial income | 75 | - | €133 | +€133 | |
| Financial charges | 65/66B | €371 | €1,207 | +€836 | +226% |
| Recurring financial charges | 65 | €371 | €1,207 | +€836 | +226% |
| Profit (loss) for the period before taxes | 9903 | €11,802 | €51,059 | +€39,256 | +333% |
| Income taxes | 67/77 | €2,415 | €10,887 | +€8,472 | +351% |
| Profit (loss) for the period | 9904 | €9,387 | €40,172 | +€30,785 | +328% |
| Profit (loss) for the period to be appropriated | 9905 | €9,387 | €40,172 | +€30,785 | +328% |
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 13 October 2026 via checked.be.