Re - Sources Conseil: 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 - Sources Conseil
Largest movements
- Tangible fixed assets +€57,066
up €57,066 (+11.7%), from €489,615 to €546,681
of which Other tangible fixed assets: +€76,000
- Receivables within one year -€25,457
down €25,457 (-24.3%), from €104,555 to €79,097
of which Trade receivables: -€29,158
- Cash -€19,851
down €19,851 (-12.7%), from €156,324 to €136,474
mainly Investment in fixed assets (net) (-€85,408) and Debts after one year (-€14,635)
- Reserves +€35,000
up €35,000 (+9.7%), from €359,859 to €394,859
of which Distributable reserves: +€35,000
- Debts after one year -€14,635
down €14,635 (-9.2%), from €158,507 to €143,871
- Staff costs +€15,430
up €15,430 (+125%), from €12,375 to €27,804
- Taxes -€15,119
down €15,119 (-55.4%), from €27,308 to €12,189
- Depreciation +€9,376
up €9,376 (+30.3%), from €30,966 to €40,342
- Gross operating margin -€6,856
down €6,856 (-5.1%), from €134,029 to €127,173
- Financial charges +€4,999
up €4,999 (+216%), from €2,313 to €7,312
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 | €1,201,563 | €1,201,454 | -€109 | 0.0% |
| Fixed assets | 21/28 | €940,684 | €985,750 | +€45,066 | +4.8% |
| Tangible fixed assets | 22/27 | €489,615 | €546,681 | +€57,066 | +11.7% |
| Land and buildings | 22 | €295,786 | €282,955 | -€12,831 | -4.3% |
| Plant, machinery and equipment | 23 | €691 | €239 | -€452 | -65.4% |
| Furniture and vehicles | 24 | €161,178 | €155,526 | -€5,651 | -3.5% |
| Other tangible fixed assets | 26 | €31,960 | €107,960 | +€76,000 | +238% |
| Financial fixed assets | 28 | €451,069 | €439,069 | -€12,000 | -2.7% |
| Current assets | 29/58 | €260,879 | €215,704 | -€45,175 | -17.3% |
| Amounts receivable within one year | 40/41 | €104,555 | €79,097 | -€25,457 | -24.3% |
| Trade receivables | 40 | €103,597 | €74,439 | -€29,158 | -28.1% |
| Other amounts receivable | 41 | €957 | €4,658 | +€3,701 | +387% |
| Cash at bank and in hand | 54/58 | €156,324 | €136,474 | -€19,851 | -12.7% |
| Deferred charges and accrued income | 490/1 | - | €133 | +€133 | |
| Total equity and liabilities | 10/49 | €1,201,563 | €1,201,454 | -€109 | 0.0% |
| Equity | 10/15 | €936,757 | €974,419 | +€37,662 | +4.0% |
| Contributions | 10/11 | €8,354 | €8,354 | = | 0.0% |
| Contributions outside capital | 11 | €8,354 | €8,354 | = | 0.0% |
| Share premium | 1100/10 | €8,354 | €8,354 | = | 0.0% |
| Reserves | 13 | €359,859 | €394,859 | +€35,000 | +9.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €358,000 | €393,000 | +€35,000 | +9.8% |
| Profit (loss) carried forward | 14 | €568,544 | €571,206 | +€2,662 | +0.5% |
| Amounts payable | 17/49 | €264,806 | €227,035 | -€37,771 | -14.3% |
| Amounts payable after more than one year | 17 | €158,507 | €143,871 | -€14,635 | -9.2% |
| Financial debts | 170/4 | €158,507 | €143,871 | -€14,635 | -9.2% |
| Amounts payable within one year | 42/48 | €106,299 | €83,163 | -€23,136 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €22,925 | €15,077 | -€7,849 | -34.2% |
| Trade debts | 44 | €11,893 | €4,619 | -€7,274 | -61.2% |
| Suppliers | 440/4 | €11,893 | €4,619 | -€7,274 | -61.2% |
| Advances received on contracts in progress | 46 | - | €1,446 | +€1,446 | |
| Taxes, remuneration and social security | 45 | €17,730 | €11,497 | -€6,234 | -35.2% |
| Taxes | 450/3 | €15,502 | €7,615 | -€7,887 | -50.9% |
| Remuneration and social security | 454/9 | €2,228 | €3,882 | +€1,653 | +74.2% |
| Other amounts payable | 47/48 | €53,750 | €50,525 | -€3,225 | -6.0% |
| Non-recurring operating income | 76A | €28,464 | €20 | -€28,444 | -99.9% |
| Remuneration, social security and pensions | 62 | €12,375 | €27,804 | +€15,430 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,966 | €40,342 | +€9,376 | +30.3% |
| Other operating charges | 640/8 | €6,125 | €10,980 | +€4,855 | +79.3% |
| Non-recurring operating charges | 66A | €14,659 | €471 | -€14,188 | -96.8% |
| Gross operating margin | 9900 | €134,029 | €127,173 | -€6,856 | -5.1% |
| Operating profit (loss) | 9901 | €69,905 | €47,575 | -€22,330 | -31.9% |
| Financial income | 75/76B | €8,517 | €9,588 | +€1,070 | +12.6% |
| Recurring financial income | 75 | €8,517 | €9,588 | +€1,070 | +12.6% |
| Financial charges | 65/66B | €2,313 | €7,312 | +€4,999 | +216% |
| Recurring financial charges | 65 | €2,313 | €7,312 | +€4,999 | +216% |
| Profit (loss) for the period before taxes | 9903 | €76,109 | €49,851 | -€26,259 | -34.5% |
| Income taxes | 67/77 | €27,308 | €12,189 | -€15,119 | -55.4% |
| Profit (loss) for the period | 9904 | €48,801 | €37,662 | -€11,139 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,801 | €37,662 | -€11,139 | -22.8% |
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 23 October 2026 via checked.be.