la Reduiste: 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.
la Reduiste
Largest movements
- Cash +€25,091
up €25,091 (+24.0%), from €104,472 to €129,563
mainly Depreciation (+€20,447) and Net result for the year (+€9,199)
- Tangible fixed assets -€18,829
down €18,829 (-14.4%), from €130,683 to €111,854
- Reserves +€9,178
up €9,178 (+12.5%), from €73,268 to €82,446
of which Distributable reserves: +€13,400
- Tax, wage and social debts -€5,620
down €5,620 (-58.2%), from €9,660 to €4,040
of which Remuneration and social security: -€6,400
- Depreciation -€3,461
down €3,461 (-14.5%), from €23,908 to €20,447
- Taxes +€1,261
up €1,261 (+24.1%), from €5,230 to €6,491
- Gross operating margin -€497
down €497 (-1.3%), from €37,852 to €37,355
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 | €244,158 | €249,283 | +€5,125 | +2.1% |
| Fixed assets | 21/28 | €130,683 | €111,854 | -€18,829 | -14.4% |
| Tangible fixed assets | 22/27 | €130,683 | €111,854 | -€18,829 | -14.4% |
| Land and buildings | 22 | €29,027 | €27,540 | -€1,487 | -5.1% |
| Furniture and vehicles | 24 | €22,754 | €16,714 | -€6,040 | -26.5% |
| Other tangible fixed assets | 26 | €62,301 | €54,380 | -€7,921 | -12.7% |
| Assets under construction and advance payments | 27 | €16,601 | €13,220 | -€3,381 | -20.4% |
| Current assets | 29/58 | €113,475 | €137,429 | +€23,954 | +21.1% |
| Amounts receivable within one year | 40/41 | €8,679 | €7,251 | -€1,428 | -16.5% |
| Trade receivables | 40 | €7,519 | €6,934 | -€585 | -7.8% |
| Other amounts receivable | 41 | €1,160 | €317 | -€843 | -72.7% |
| Cash at bank and in hand | 54/58 | €104,472 | €129,563 | +€25,091 | +24.0% |
| Deferred charges and accrued income | 490/1 | €324 | €615 | +€291 | +89.8% |
| Total equity and liabilities | 10/49 | €244,158 | €249,283 | +€5,125 | +2.1% |
| Equity | 10/15 | €197,975 | €209,573 | +€11,598 | +5.9% |
| Contributions | 10/11 | €59,990 | €59,990 | = | 0.0% |
| Reserves | 13 | €73,268 | €82,446 | +€9,178 | +12.5% |
| Tax-exempt reserves | 132 | €22,596 | €18,374 | -€4,222 | -18.7% |
| Distributable reserves | 133 | €50,672 | €64,072 | +€13,400 | +26.4% |
| Profit (loss) carried forward | 14 | €64,717 | €67,137 | +€2,420 | +3.7% |
| Provisions and deferred taxes | 16 | €9,491 | €7,717 | -€1,774 | -18.7% |
| Deferred taxes | 168 | €9,491 | €7,717 | -€1,774 | -18.7% |
| Amounts payable | 17/49 | €36,692 | €31,993 | -€4,699 | -12.8% |
| Amounts payable within one year | 42/48 | €36,692 | €31,993 | -€4,699 | -12.8% |
| Trade debts | 44 | €3,240 | €2,486 | -€754 | -23.3% |
| Suppliers | 440/4 | €3,240 | €2,486 | -€754 | -23.3% |
| Taxes, remuneration and social security | 45 | €9,660 | €4,040 | -€5,620 | -58.2% |
| Taxes | 450/3 | €3,260 | €4,040 | +€780 | +23.9% |
| Remuneration and social security | 454/9 | €6,400 | - | -€6,400 | |
| Other amounts payable | 47/48 | €23,792 | €25,467 | +€1,675 | +7.0% |
| Non-recurring operating income | 76A | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,908 | €20,447 | -€3,461 | -14.5% |
| Other operating charges | 640/8 | €2,951 | €2,907 | -€44 | -1.5% |
| Gross operating margin | 9900 | €37,852 | €37,355 | -€497 | -1.3% |
| Operating profit (loss) | 9901 | €10,993 | €14,001 | +€3,008 | +27.4% |
| Financial charges | 65/66B | €148 | €84 | -€64 | -43.2% |
| Recurring financial charges | 65 | €148 | €84 | -€64 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €10,845 | €13,917 | +€3,072 | +28.3% |
| Transfer from deferred taxes | 780 | €1,773 | €1,773 | = | 0.0% |
| Income taxes | 67/77 | €5,230 | €6,491 | +€1,261 | +24.1% |
| Profit (loss) for the period | 9904 | €7,388 | €9,199 | +€1,811 | +24.5% |
| Transfer from tax-exempt reserves | 789 | €4,222 | €4,222 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,610 | €13,421 | +€1,811 | +15.6% |
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 30 October 2026 via checked.be.