LA REGALADE: 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 REGALADE
Largest movements
- Cash +€112,436
up €112,436 (+21.1%), from €534,118 to €646,554
mainly Net result for the year (+€75,604) and Depreciation (+€49,150)
- Tangible fixed assets -€35,674
down €35,674 (-32.9%), from €108,532 to €72,858
of which Land and buildings: -€27,227
- Reserves +€75,000
up €75,000 (+15.7%), from €477,000 to €552,000
- Gross operating margin -€32,346
down €32,346 (-13.4%), from €240,806 to €208,461
- Taxes -€10,603
down €10,603 (-27.5%), from €38,572 to €27,970
- Write-downs +€6,434
no longer reported in 2025 (was -€6,434)
- Staff costs -€5,383
down €5,383 (-9.0%), from €59,532 to €54,148
- Depreciation +€4,330
up €4,330 (+9.7%), from €44,819 to €49,150
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 | €670,298 | €751,199 | +€80,901 | +12.1% |
| Fixed assets | 21/28 | €110,707 | €75,033 | -€35,674 | -32.2% |
| Tangible fixed assets | 22/27 | €108,532 | €72,858 | -€35,674 | -32.9% |
| Land and buildings | 22 | €78,643 | €51,416 | -€27,227 | -34.6% |
| Plant, machinery and equipment | 23 | €17,267 | €20,925 | +€3,658 | +21.2% |
| Furniture and vehicles | 24 | €12,622 | €517 | -€12,105 | -95.9% |
| Financial fixed assets | 28 | €2,175 | €2,175 | = | 0.0% |
| Current assets | 29/58 | €559,591 | €676,166 | +€116,576 | +20.8% |
| Stocks and contracts in progress | 3 | €14,035 | €18,503 | +€4,468 | +31.8% |
| Stocks | 30/36 | €14,035 | €18,503 | +€4,468 | +31.8% |
| Amounts receivable within one year | 40/41 | €2,725 | €3,946 | +€1,221 | +44.8% |
| Other amounts receivable | 41 | €2,725 | €3,946 | +€1,221 | +44.8% |
| Cash at bank and in hand | 54/58 | €534,118 | €646,554 | +€112,436 | +21.1% |
| Deferred charges and accrued income | 490/1 | €8,713 | €7,164 | -€1,549 | -17.8% |
| Total equity and liabilities | 10/49 | €670,298 | €751,199 | +€80,901 | +12.1% |
| Equity | 10/15 | €608,031 | €683,636 | +€75,604 | +12.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €477,000 | €552,000 | +€75,000 | +15.7% |
| Distributable reserves | 133 | €477,000 | €552,000 | +€75,000 | +15.7% |
| Profit (loss) carried forward | 14 | €101,031 | €101,636 | +€604 | +0.6% |
| Amounts payable | 17/49 | €62,266 | €67,563 | +€5,297 | +8.5% |
| Amounts payable within one year | 42/48 | €61,329 | €67,474 | +€6,145 | +10.0% |
| Trade debts | 44 | €1,607 | €7,099 | +€5,492 | +342% |
| Suppliers | 440/4 | €1,607 | €7,099 | +€5,492 | +342% |
| Taxes, remuneration and social security | 45 | €22,475 | €27,238 | +€4,762 | +21.2% |
| Taxes | 450/3 | €19,063 | €24,500 | +€5,436 | +28.5% |
| Remuneration and social security | 454/9 | €3,412 | €2,738 | -€674 | -19.8% |
| Other amounts payable | 47/48 | €37,246 | €33,137 | -€4,109 | -11.0% |
| Accrued charges and deferred income | 492/3 | €937 | €89 | -€848 | -90.5% |
| Remuneration, social security and pensions | 62 | €59,532 | €54,148 | -€5,383 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,819 | €49,150 | +€4,330 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,434 | - | +€6,434 | |
| Other operating charges | 640/8 | €2,486 | €2,088 | -€398 | -16.0% |
| Gross operating margin | 9900 | €240,806 | €208,461 | -€32,346 | -13.4% |
| Operating profit (loss) | 9901 | €140,403 | €103,075 | -€37,328 | -26.6% |
| Financial income | 75/76B | €1,908 | €3,865 | +€1,957 | +103% |
| Recurring financial income | 75 | €1,908 | €3,865 | +€1,957 | +103% |
| Financial charges | 65/66B | €3,294 | €3,366 | +€71 | +2.2% |
| Recurring financial charges | 65 | €3,294 | €3,366 | +€71 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €139,016 | €103,574 | -€35,442 | -25.5% |
| Income taxes | 67/77 | €38,572 | €27,970 | -€10,603 | -27.5% |
| Profit (loss) for the period | 9904 | €100,444 | €75,604 | -€24,840 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €100,444 | €75,604 | -€24,840 | -24.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.