DE REGTER: 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.
DE REGTER
Largest movements
- Tangible fixed assets -€19,962
down €19,962 (-28.0%), from €71,262 to €51,300
of which Furniture and vehicles: -€18,881
- Receivables within one year +€16,529
up €16,529 (+15.3%), from €107,843 to €124,372
of which Trade receivables: +€10,237
- Cash +€13,725
up €13,725 (+32.9%), from €41,741 to €55,466
mainly Net result for the year (+€38,297) and Depreciation (+€19,962)
- Reserves +€38,297
up €38,297 (+39.3%), from €97,326 to €135,623
of which Distributable reserves: +€28,297
- Current portion of long-term debt -€25,534
down €25,534 (-69.1%), from €36,974 to €11,441
- Debts after one year -€11,325
down €11,325 (-39.2%), from €28,872 to €17,547
- Tax, wage and social debts +€5,996
up €5,996 (+18.9%), from €31,681 to €37,677
- Trade debts +€2,878
up €2,878 (+25.1%), from €11,468 to €14,346
- Gross operating margin +€15,233
up €15,233 (+23.5%), from €64,937 to €80,169
- Depreciation -€12,897
down €12,897 (-39.3%), from €32,860 to €19,962
- Taxes +€5,846
up €5,846 (+47.2%), from €12,395 to €18,241
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 | €221,178 | €231,490 | +€10,313 | +4.7% |
| Fixed assets | 21/28 | €71,262 | €51,300 | -€19,962 | -28.0% |
| Tangible fixed assets | 22/27 | €71,262 | €51,300 | -€19,962 | -28.0% |
| Land and buildings | 22 | €1,920 | €1,618 | -€302 | -15.7% |
| Plant, machinery and equipment | 23 | €3,442 | €2,663 | -€780 | -22.6% |
| Furniture and vehicles | 24 | €65,899 | €47,019 | -€18,881 | -28.7% |
| Current assets | 29/58 | €149,916 | €180,191 | +€30,275 | +20.2% |
| Amounts receivable within one year | 40/41 | €107,843 | €124,372 | +€16,529 | +15.3% |
| Trade receivables | 40 | €70,268 | €80,505 | +€10,237 | +14.6% |
| Other amounts receivable | 41 | €37,576 | €43,867 | +€6,292 | +16.7% |
| Cash at bank and in hand | 54/58 | €41,741 | €55,466 | +€13,725 | +32.9% |
| Deferred charges and accrued income | 490/1 | €331 | €352 | +€21 | +6.4% |
| Total equity and liabilities | 10/49 | €221,178 | €231,490 | +€10,313 | +4.7% |
| Equity | 10/15 | €112,183 | €150,480 | +€38,297 | +34.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,326 | €135,623 | +€38,297 | +39.3% |
| Non-distributable reserves | 130/1 | €686 | €686 | = | 0.0% |
| Legal reserve | 130 | €686 | €686 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | €96,640 | €124,937 | +€28,297 | +29.3% |
| Profit (loss) carried forward | 14 | -€3,743 | -€3,743 | = | 0.0% |
| Amounts payable | 17/49 | €108,995 | €81,010 | -€27,985 | -25.7% |
| Amounts payable after more than one year | 17 | €28,872 | €17,547 | -€11,325 | -39.2% |
| Financial debts | 170/4 | €28,872 | €17,547 | -€11,325 | -39.2% |
| Amounts payable within one year | 42/48 | €80,123 | €63,463 | -€16,660 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €36,974 | €11,441 | -€25,534 | -69.1% |
| Trade debts | 44 | €11,468 | €14,346 | +€2,878 | +25.1% |
| Suppliers | 440/4 | €11,468 | €14,346 | +€2,878 | +25.1% |
| Taxes, remuneration and social security | 45 | €31,681 | €37,677 | +€5,996 | +18.9% |
| Taxes | 450/3 | €31,681 | €37,677 | +€5,996 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,860 | €19,962 | -€12,897 | -39.3% |
| Other operating charges | 640/8 | €1,667 | €1,500 | -€166 | -10.0% |
| Gross operating margin | 9900 | €64,937 | €80,169 | +€15,233 | +23.5% |
| Operating profit (loss) | 9901 | €30,410 | €58,707 | +€28,297 | +93.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1350.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1350.0% |
| Financial charges | 65/66B | €1,678 | €2,170 | +€492 | +29.3% |
| Recurring financial charges | 65 | €1,678 | €2,170 | +€492 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €28,732 | €56,538 | +€27,806 | +96.8% |
| Income taxes | 67/77 | €12,395 | €18,241 | +€5,846 | +47.2% |
| Profit (loss) for the period | 9904 | €16,338 | €38,297 | +€21,960 | +134.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,338 | €38,297 | +€21,960 | +134.4% |
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 9 October 2026 via checked.be.