DE RESE T.: 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 RESE T.
Largest movements
- Cash -€61,072
down €61,072 (-88.7%), from €68,823 to €7,751
mainly Debts after one year (-€60,000) and Current portion of long-term debt (-€60,000)
- Reserves +€70,989
up €70,989 (+185%), from €38,421 to €109,410
- Debts after one year -€60,000
down €60,000 (-12.9%), from €466,477 to €406,477
- Current portion of long-term debt -€60,000
down €60,000 (-50.0%), from €120,000 to €60,000
- Accrued charges and deferred income -€20,160
down €20,160 (-100%), from €20,160 to €0
- Tax, wage and social debts +€7,752
new in 2025: €7,752
- Other operating income +€20,160
new in 2025: €20,160
- Financial charges -€20,152
down €20,152 (-99.7%), from €20,203 to €51
- Taxes +€7,752
new in 2025: €7,752
- Other operating charges -€454
down €454 (-44.8%), from €1,013 to €559
- Services and other goods +€446
up €446 (+20.1%), from €2,220 to €2,666
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 | €655,321 | €594,292 | -€61,029 | -9.3% |
| Fixed assets | 21/28 | €586,477 | €586,477 | = | 0.0% |
| Financial fixed assets | 28 | €586,477 | €586,477 | = | 0.0% |
| Affiliated companies | 280/1 | €586,477 | €586,477 | = | 0.0% |
| Participating interests | 280 | €586,477 | €586,477 | = | 0.0% |
| Current assets | 29/58 | €68,844 | €7,815 | -€61,029 | -88.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €21 | €65 | +€43 | +203% |
| Other amounts receivable | 41 | €21 | €65 | +€43 | +203% |
| Cash at bank and in hand | 54/58 | €68,823 | €7,751 | -€61,072 | -88.7% |
| Total equity and liabilities | 10/49 | €655,321 | €594,292 | -€61,029 | -9.3% |
| Equity | 10/15 | €48,421 | €119,410 | +€70,989 | +147% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €38,421 | €109,410 | +€70,989 | +185% |
| Distributable reserves | 133 | €38,421 | €109,410 | +€70,989 | +185% |
| Amounts payable | 17/49 | €606,900 | €474,882 | -€132,018 | -21.8% |
| Amounts payable after more than one year | 17 | €466,477 | €406,477 | -€60,000 | -12.9% |
| Financial debts | 170/4 | €466,477 | €406,477 | -€60,000 | -12.9% |
| Other loans | 174 | €466,477 | €406,477 | -€60,000 | -12.9% |
| Amounts payable within one year | 42/48 | €120,263 | €68,405 | -€51,858 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Trade debts | 44 | €263 | €654 | +€391 | +149% |
| Suppliers | 440/4 | €263 | €654 | +€391 | +149% |
| Taxes, remuneration and social security | 45 | - | €7,752 | +€7,752 | |
| Taxes | 450/3 | - | €7,752 | +€7,752 | |
| Accrued charges and deferred income | 492/3 | €20,160 | €0 | -€20,160 | -100% |
| Operating income | 70/76A | €17,500 | €37,660 | +€20,160 | +115% |
| Turnover | 70 | €17,500 | €17,500 | = | 0.0% |
| Other operating income | 74 | - | €20,160 | +€20,160 | |
| Operating charges | 60/66A | €3,233 | €3,225 | -€7 | -0.2% |
| Services and other goods | 61 | €2,220 | €2,666 | +€446 | +20.1% |
| Other operating charges | 640/8 | €1,013 | €559 | -€454 | -44.8% |
| Operating profit (loss) | 9901 | €14,267 | €34,435 | +€20,168 | +141% |
| Financial income | 75/76B | €44,357 | €44,357 | = | 0.0% |
| Recurring financial income | 75 | €44,357 | €44,357 | = | 0.0% |
| Income from financial fixed assets | 750 | €44,357 | €44,357 | = | 0.0% |
| Financial charges | 65/66B | €20,203 | €51 | -€20,152 | -99.7% |
| Recurring financial charges | 65 | €20,203 | €51 | -€20,152 | -99.7% |
| Debt charges | 650 | €20,160 | €0 | -€20,160 | -100% |
| Other financial charges | 652/9 | €43 | €51 | +€8 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €38,421 | €78,741 | +€40,320 | +105% |
| Income taxes | 67/77 | - | €7,752 | +€7,752 | |
| Taxes | 670/3 | - | €7,752 | +€7,752 | |
| Profit (loss) for the period | 9904 | €38,421 | €70,989 | +€32,568 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,421 | €70,989 | +€32,568 | +84.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.