R&E Consulting: 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.
R&E Consulting
Largest movements
- Tangible fixed assets +€142,773
up €142,773 (+2,921%), from €4,888 to €147,661
of which Land and buildings: +€135,755
- Cash -€78,904
down €78,904 (-50.3%), from €156,879 to €77,975
mainly Investment in fixed assets (net) (-€166,905) and Receivables within one year (-€61,219)
- Receivables within one year +€61,219
up €61,219 (+155%), from €39,526 to €100,745
of which Trade receivables: +€53,396
- Deferred charges and accrued income +€4,906
up €4,906 (+38.5%), from €12,742 to €17,648
- Debts after one year +€102,875
new in 2025: €102,875
- Trade debts +€43,901
up €43,901 (+199%), from €22,025 to €65,926
- Advances received -€40,952
no longer reported in 2025 (was €40,952)
- Profit (loss) carried forward +€32,013
up €32,013 (+24.0%), from €133,268 to €165,281
- Tax, wage and social debts -€7,783
down €7,783 (-49.8%), from €15,629 to €7,846
of which Taxes: -€6,487
- Gross operating margin +€50,794
up €50,794 (+112%), from €45,213 to €96,006
- Depreciation +€22,102
up €22,102 (+1,089%), from €2,030 to €24,132
- Taxes +€6,540
up €6,540 (+118%), from €5,521 to €12,061
- Other operating charges -€1,066
down €1,066 (-41.3%), from €2,582 to €1,516
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 | €214,035 | €344,029 | +€129,994 | +60.7% |
| Fixed assets | 21/28 | €4,888 | €147,661 | +€142,773 | +2,921% |
| Tangible fixed assets | 22/27 | €4,888 | €147,661 | +€142,773 | +2,921% |
| Land and buildings | 22 | - | €135,755 | +€135,755 | |
| Furniture and vehicles | 24 | €2,995 | €10,684 | +€7,688 | +257% |
| Other tangible fixed assets | 26 | €1,893 | €1,223 | -€669 | -35.4% |
| Current assets | 29/58 | €209,147 | €196,368 | -€12,779 | -6.1% |
| Amounts receivable within one year | 40/41 | €39,526 | €100,745 | +€61,219 | +155% |
| Trade receivables | 40 | €39,080 | €92,476 | +€53,396 | +137% |
| Other amounts receivable | 41 | €446 | €8,270 | +€7,823 | +1,753% |
| Cash at bank and in hand | 54/58 | €156,879 | €77,975 | -€78,904 | -50.3% |
| Deferred charges and accrued income | 490/1 | €12,742 | €17,648 | +€4,906 | +38.5% |
| Total equity and liabilities | 10/49 | €214,035 | €344,029 | +€129,994 | +60.7% |
| Equity | 10/15 | €134,468 | €166,481 | +€32,013 | +23.8% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,268 | €165,281 | +€32,013 | +24.0% |
| Amounts payable | 17/49 | €79,567 | €177,547 | +€97,980 | +123% |
| Amounts payable after more than one year | 17 | - | €102,875 | +€102,875 | |
| Financial debts | 170/4 | - | €102,875 | +€102,875 | |
| Amounts payable within one year | 42/48 | €79,567 | €74,672 | -€4,895 | -6.2% |
| Trade debts | 44 | €22,025 | €65,926 | +€43,901 | +199% |
| Suppliers | 440/4 | €22,025 | €65,926 | +€43,901 | +199% |
| Advances received on contracts in progress | 46 | €40,952 | - | -€40,952 | |
| Taxes, remuneration and social security | 45 | €15,629 | €7,846 | -€7,783 | -49.8% |
| Taxes | 450/3 | €14,333 | €7,846 | -€6,487 | -45.3% |
| Remuneration and social security | 454/9 | €1,296 | - | -€1,296 | |
| Other amounts payable | 47/48 | €960 | €900 | -€60 | -6.3% |
| Remuneration, social security and pensions | 62 | €25,836 | €25,894 | +€58 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,030 | €24,132 | +€22,102 | +1,089% |
| Other operating charges | 640/8 | €2,582 | €1,516 | -€1,066 | -41.3% |
| Gross operating margin | 9900 | €45,213 | €96,006 | +€50,794 | +112% |
| Operating profit (loss) | 9901 | €14,765 | €44,465 | +€29,700 | +201% |
| Financial income | 75/76B | €1 | €596 | +€595 | +55,106% |
| Recurring financial income | 75 | €1 | €596 | +€595 | +55,106% |
| Financial charges | 65/66B | €689 | €987 | +€297 | +43.1% |
| Recurring financial charges | 65 | €689 | €987 | +€297 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €14,076 | €44,074 | +€29,998 | +213% |
| Income taxes | 67/77 | €5,521 | €12,061 | +€6,540 | +118% |
| Profit (loss) for the period | 9904 | €8,556 | €32,013 | +€23,458 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €8,556 | €32,013 | +€23,458 | +274% |
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 15 October 2026 via checked.be.