LE REGAIN: what changed
Two fiscal 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.
LE REGAIN
Largest movements
- Receivables within one year +€325,967
up €325,967 (+71.7%), from €454,671 to €780,638
of which Trade receivables: +€243,695
- Cash -€22,094
down €22,094 (-8.8%), from €251,183 to €229,089
mainly Receivables within one year (-€325,967) and Investment in fixed assets (net) (-€29,535)
- Investment grants +€229,883
up €229,883 (+92.3%), from €249,017 to €478,900
- Profit (loss) carried forward +€107,159
up €107,159 (+30.8%), from €348,317 to €455,476
- Accrued charges and deferred income -€14,847
down €14,847 (-19.6%), from €75,871 to €61,024
- Gross operating margin +€74,828
up €74,828 (+8.1%), from €918,788 to €993,616
- Staff costs +€74,787
up €74,787 (+9.6%), from €775,215 to €850,002
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 | €992,666 | €1,300,530 | +€307,864 | +31.0% |
| Fixed assets | 21/28 | €286,812 | €288,349 | +€1,537 | +0.5% |
| Tangible fixed assets | 22/27 | €286,812 | €288,349 | +€1,537 | +0.5% |
| Land and buildings | 22 | €281,573 | €285,115 | +€3,542 | +1.3% |
| Furniture and vehicles | 24 | €5,239 | €3,233 | -€2,005 | -38.3% |
| Current assets | 29/58 | €705,854 | €1,012,181 | +€306,327 | +43.4% |
| Amounts receivable within one year | 40/41 | €454,671 | €780,638 | +€325,967 | +71.7% |
| Trade receivables | 40 | €444,481 | €688,176 | +€243,695 | +54.8% |
| Other amounts receivable | 41 | €10,190 | €92,462 | +€82,272 | +807.4% |
| Cash at bank and in hand | 54/58 | €251,183 | €229,089 | -€22,094 | -8.8% |
| Deferred charges and accrued income | 490/1 | - | €2,454 | +€2,454 | |
| Total equity and liabilities | 10/49 | €992,666 | €1,300,530 | +€307,864 | +31.0% |
| Equity | 10/15 | €597,334 | €934,376 | +€337,042 | +56.4% |
| Profit (loss) carried forward | 14 | €348,317 | €455,476 | +€107,159 | +30.8% |
| Investment grants | 15 | €249,017 | €478,900 | +€229,883 | +92.3% |
| Amounts payable | 17/49 | €395,332 | €366,154 | -€29,178 | -7.4% |
| Amounts payable after more than one year | 17 | €125,970 | €116,819 | -€9,151 | -7.3% |
| Financial debts | 170/4 | €125,970 | €116,819 | -€9,151 | -7.3% |
| Amounts payable within one year | 42/48 | €193,490 | €188,310 | -€5,180 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €9,001 | €9,151 | +€150 | +1.7% |
| Trade debts | 44 | €7,583 | €17,242 | +€9,659 | +127.4% |
| Suppliers | 440/4 | €7,583 | €17,242 | +€9,659 | +127.4% |
| Taxes, remuneration and social security | 45 | €135,006 | €150,085 | +€15,080 | +11.2% |
| Taxes | 450/3 | €10,833 | €11,234 | +€401 | +3.7% |
| Remuneration and social security | 454/9 | €124,173 | €138,851 | +€14,679 | +11.8% |
| Accrued charges and deferred income | 492/3 | €75,871 | €61,024 | -€14,847 | -19.6% |
| Turnover | 70 | €767,649 | €776,055 | +€8,406 | +1.1% |
| Non-recurring operating income | 76A | €9,256 | €40,663 | +€31,407 | +339.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,022 | €97,004 | +€5,982 | +6.6% |
| Remuneration, social security and pensions | 62 | €775,215 | €850,002 | +€74,787 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,998 | €27,998 | = | 0.0% |
| Other operating charges | 640/8 | €793 | €673 | -€120 | -15.1% |
| Non-recurring operating charges | 66A | €16,350 | €4,469 | -€11,881 | -72.7% |
| Gross operating margin | 9900 | €918,788 | €993,616 | +€74,828 | +8.1% |
| Operating profit (loss) | 9901 | €98,432 | €110,473 | +€12,042 | +12.2% |
| Financial charges | 65/66B | €3,459 | €3,315 | -€145 | -4.2% |
| Recurring financial charges | 65 | €3,459 | €3,315 | -€145 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €94,972 | €107,159 | +€12,186 | +12.8% |
| Profit (loss) for the period | 9904 | €94,972 | €107,159 | +€12,186 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,972 | €107,159 | +€12,186 | +12.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.