RE-framed.be: 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-framed.be
Largest movements
- Receivables within one year -€16,272
down €16,272 (-53.3%), from €30,547 to €14,275
of which Trade receivables: -€16,320
- Deferred charges and accrued income +€8,909
up €8,909 (+9823.9%), from €91 to €9,000
- Cash +€2,159
up €2,159 (+1.6%), from €135,805 to €137,964
mainly Other debts (+€64,925) and Receivables within one year (+€16,272)
- Tangible fixed assets +€1,990
up €1,990 (+26.9%), from €7,401 to €9,391
of which Furniture and vehicles: +€3,362
- Profit (loss) carried forward -€117,273
down €117,273 (-100.0%), from €117,273 to €0
- Other debts +€64,925
up €64,925 (+15714.1%), from €413 to €65,338
- Reserves +€56,674
new in 2025: €56,674
- Tax, wage and social debts -€9,764
down €9,764 (-20.7%), from €47,067 to €37,303
- Trade debts +€2,046
up €2,046 (+84.7%), from €2,415 to €4,462
- Gross operating margin -€47,377
down €47,377 (-67.0%), from €70,762 to €23,386
- Taxes -€9,968
down €9,968 (-60.3%), from €16,520 to €6,552
- Depreciation +€1,651
up €1,651 (+86.5%), from €1,910 to €3,561
- Other operating charges +€1,197
up €1,197 (+225.8%), from €530 to €1,727
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 | €173,843 | €170,630 | -€3,213 | -1.8% |
| Fixed assets | 21/28 | €7,401 | €9,391 | +€1,990 | +26.9% |
| Tangible fixed assets | 22/27 | €7,401 | €9,391 | +€1,990 | +26.9% |
| Plant, machinery and equipment | 23 | €35 | €0 | -€35 | -100.0% |
| Furniture and vehicles | 24 | €2,828 | €6,190 | +€3,362 | +118.9% |
| Other tangible fixed assets | 26 | €4,538 | €3,200 | -€1,338 | -29.5% |
| Current assets | 29/58 | €166,442 | €161,239 | -€5,203 | -3.1% |
| Amounts receivable within one year | 40/41 | €30,547 | €14,275 | -€16,272 | -53.3% |
| Trade receivables | 40 | €30,547 | €14,227 | -€16,320 | -53.4% |
| Other amounts receivable | 41 | €0 | €48 | +€48 | |
| Cash at bank and in hand | 54/58 | €135,805 | €137,964 | +€2,159 | +1.6% |
| Deferred charges and accrued income | 490/1 | €91 | €9,000 | +€8,909 | +9823.9% |
| Total equity and liabilities | 10/49 | €173,843 | €170,630 | -€3,213 | -1.8% |
| Equity | 10/15 | €123,273 | €62,674 | -€60,599 | -49.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €56,674 | +€56,674 | |
| Distributable reserves | 133 | - | €56,674 | +€56,674 | |
| Profit (loss) carried forward | 14 | €117,273 | €0 | -€117,273 | -100.0% |
| Amounts payable | 17/49 | €50,570 | €107,956 | +€57,385 | +113.5% |
| Amounts payable within one year | 42/48 | €49,970 | €107,325 | +€57,355 | +114.8% |
| Financial debts | 43 | €75 | €223 | +€149 | +198.7% |
| Credit institutions | 430/8 | €75 | €223 | +€149 | +198.7% |
| Trade debts | 44 | €2,415 | €4,462 | +€2,046 | +84.7% |
| Suppliers | 440/4 | €2,415 | €4,462 | +€2,046 | +84.7% |
| Taxes, remuneration and social security | 45 | €47,067 | €37,303 | -€9,764 | -20.7% |
| Taxes | 450/3 | €47,067 | €37,303 | -€9,764 | -20.7% |
| Other amounts payable | 47/48 | €413 | €65,338 | +€64,925 | +15714.1% |
| Accrued charges and deferred income | 492/3 | €600 | €630 | +€30 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,910 | €3,561 | +€1,651 | +86.5% |
| Other operating charges | 640/8 | €530 | €1,727 | +€1,197 | +225.8% |
| Gross operating margin | 9900 | €70,762 | €23,386 | -€47,377 | -67.0% |
| Operating profit (loss) | 9901 | €68,322 | €18,097 | -€50,225 | -73.5% |
| Financial income | 75/76B | €91 | €215 | +€124 | +136.8% |
| Recurring financial income | 75 | €91 | €215 | +€124 | +136.8% |
| Financial charges | 65/66B | €105 | €359 | +€253 | +240.2% |
| Recurring financial charges | 65 | €105 | €359 | +€253 | +240.2% |
| Profit (loss) for the period before taxes | 9903 | €68,308 | €17,953 | -€50,354 | -73.7% |
| Income taxes | 67/77 | €16,520 | €6,552 | -€9,968 | -60.3% |
| Profit (loss) for the period | 9904 | €51,788 | €11,401 | -€40,387 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,788 | €11,401 | -€40,387 | -78.0% |
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 10 October 2026 via checked.be.