RE-Applications: 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.
RE-Applications
Largest movements
- Cash +€107,650
up €107,650 (+65.9%), from €163,328 to €270,978
mainly Current investments (+€100,000) and Net result for the year (+€56,219)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Reserves +€56,219
up €56,219 (+35.1%), from €160,250 to €216,469
- Other debts -€49,065
down €49,065 (-62.6%), from €78,346 to €29,282
- Tax, wage and social debts +€3,337
up €3,337 (+68.8%), from €4,848 to €8,185
- Other operating charges -€4,636
down €4,636 (-83.9%), from €5,527 to €890
- Gross operating margin +€4,462
up €4,462 (+5.9%), from €75,972 to €80,434
- Taxes +€2,845
up €2,845 (+15.3%), from €18,563 to €21,408
- Depreciation -€1,090
no longer reported in 2025 (was €1,090)
- Financial income +€1,016
new in 2025: €1,016
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 | €266,351 | €276,460 | +€10,109 | +3.8% |
| Current assets | 29/58 | €266,351 | €276,460 | +€10,109 | +3.8% |
| Amounts receivable within one year | 40/41 | €2,285 | €4,214 | +€1,929 | +84.4% |
| Other amounts receivable | 41 | €2,285 | €4,214 | +€1,929 | +84.4% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €163,328 | €270,978 | +€107,650 | +65.9% |
| Deferred charges and accrued income | 490/1 | €738 | €1,268 | +€529 | +71.7% |
| Total equity and liabilities | 10/49 | €266,351 | €276,460 | +€10,109 | +3.8% |
| Equity | 10/15 | €178,850 | €235,069 | +€56,219 | +31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,250 | €216,469 | +€56,219 | +35.1% |
| Distributable reserves | 133 | €160,250 | €216,469 | +€56,219 | +35.1% |
| Amounts payable | 17/49 | €87,501 | €41,391 | -€46,110 | -52.7% |
| Amounts payable within one year | 42/48 | €83,867 | €38,197 | -€45,670 | -54.5% |
| Trade debts | 44 | €673 | €730 | +€57 | +8.5% |
| Suppliers | 440/4 | €673 | €730 | +€57 | +8.5% |
| Taxes, remuneration and social security | 45 | €4,848 | €8,185 | +€3,337 | +68.8% |
| Taxes | 450/3 | €4,848 | €8,185 | +€3,337 | +68.8% |
| Other amounts payable | 47/48 | €78,346 | €29,282 | -€49,065 | -62.6% |
| Accrued charges and deferred income | 492/3 | €3,634 | €3,194 | -€440 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,090 | - | -€1,090 | |
| Other operating charges | 640/8 | €5,527 | €890 | -€4,636 | -83.9% |
| Gross operating margin | 9900 | €75,972 | €80,434 | +€4,462 | +5.9% |
| Operating profit (loss) | 9901 | €69,356 | €79,544 | +€10,189 | +14.7% |
| Financial income | 75/76B | - | €1,016 | +€1,016 | |
| Recurring financial income | 75 | - | €1,016 | +€1,016 | |
| Financial charges | 65/66B | €2,315 | €2,934 | +€619 | +26.8% |
| Recurring financial charges | 65 | €2,315 | €2,934 | +€619 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €67,041 | €77,626 | +€10,585 | +15.8% |
| Income taxes | 67/77 | €18,563 | €21,408 | +€2,845 | +15.3% |
| Profit (loss) for the period | 9904 | €48,478 | €56,219 | +€7,740 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,478 | €56,219 | +€7,740 | +16.0% |
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 11 October 2026 via checked.be.