RE-THINK FINANCES: what changed
What changed
RE-THINK FINANCES
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€118,415
2024 · €112,256+€6,159
Equity
€384,573
2024 · €296,687+€87,886
Cash
€408,592
2024 · €271,846+€136,746
Balance sheet total
€454,563
2024 · €357,892+€96,671
Largest movements
Assets
- Cash +€136,746
up €136,746 (+50.3%), from €271,846 to €408,592
mainly Net result for the year (+€118,415) and Receivables within one year (+€36,762)
- Receivables within one year -€36,762
down €36,762 (-54.9%), from €67,002 to €30,240
of which Trade receivables: -€38,219
Equity and liabilities
- Reserves +€87,886
up €87,886 (+32.0%), from €274,869 to €362,756
of which Distributable reserves: +€87,886
- Other debts +€30,529
new in 2025: €30,529
- Trade debts -€12,501
down €12,501 (-49.7%), from €25,149 to €12,648
- Tax, wage and social debts -€7,810
down €7,810 (-23.9%), from €32,694 to €24,884
of which Taxes: -€18,865
Income statement
- Gross operating margin +€54,488
up €54,488 (+32.5%), from €167,493 to €221,981
- Other operating charges +€48,061
up €48,061 (+6,518%), from €737 to €48,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€112,256
Gross operating margin
+€54,488
Depreciation
+€221
Other operating charges
-€48,061
Financial income
-€12
Financial charges
-€1,543
Taxes
+€1,067
Result 2025
€118,415
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€167,857
Investment
€0
Financing
-€31,111
Cash 2024
€271,846
From operations (derived)
+€167,857
Net result for the year
+€118,415
Depreciation
+€2,843
Receivables within one year
+€36,762
Deferred charges and accrued income
+€470
Trade debts
-€12,501
Tax, wage and social debts
-€7,810
Other debts
+€30,529
Accrued charges and deferred income
-€851
Financing
-€31,111
Short-term financial debts
-€582
Contributions, distributions and other
-€30,529
Cash 2025
€408,592
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,892 | €454,563 | +€96,671 | +27.0% |
| Fixed assets | 21/28 | €18,567 | €15,724 | -€2,843 | -15.3% |
| Tangible fixed assets | 22/27 | €14,507 | €11,664 | -€2,843 | -19.6% |
| Plant, machinery and equipment | 23 | €7,201 | €4,801 | -€2,400 | -33.3% |
| Furniture and vehicles | 24 | €906 | €463 | -€443 | -48.9% |
| Other tangible fixed assets | 26 | €6,400 | €6,400 | = | 0.0% |
| Financial fixed assets | 28 | €4,060 | €4,060 | = | 0.0% |
| Current assets | 29/58 | €339,324 | €438,839 | +€99,514 | +29.3% |
| Amounts receivable within one year | 40/41 | €67,002 | €30,240 | -€36,762 | -54.9% |
| Trade receivables | 40 | €63,546 | €25,327 | -€38,219 | -60.1% |
| Other amounts receivable | 41 | €3,455 | €4,913 | +€1,458 | +42.2% |
| Current investments | 50/53 | €7 | €7 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €271,846 | €408,592 | +€136,746 | +50.3% |
| Deferred charges and accrued income | 490/1 | €470 | €0 | -€470 | -100% |
| Total equity and liabilities | 10/49 | €357,892 | €454,563 | +€96,671 | +27.0% |
| Equity | 10/15 | €296,687 | €384,573 | +€87,886 | +29.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €274,869 | €362,756 | +€87,886 | +32.0% |
| Non-distributable reserves | 130/1 | €937 | €937 | = | 0.0% |
| Reserves not available under the articles | 1311 | €937 | €937 | = | 0.0% |
| Distributable reserves | 133 | €273,932 | €361,819 | +€87,886 | +32.1% |
| Profit (loss) carried forward | 14 | €9,417 | €9,417 | = | 0.0% |
| Amounts payable | 17/49 | €61,205 | €69,990 | +€8,785 | +14.4% |
| Amounts payable within one year | 42/48 | €58,425 | €68,061 | +€9,636 | +16.5% |
| Financial debts | 43 | €582 | - | -€582 | |
| Credit institutions | 430/8 | €582 | - | -€582 | |
| Trade debts | 44 | €25,149 | €12,648 | -€12,501 | -49.7% |
| Suppliers | 440/4 | €25,149 | €12,648 | -€12,501 | -49.7% |
| Taxes, remuneration and social security | 45 | €32,694 | €24,884 | -€7,810 | -23.9% |
| Taxes | 450/3 | €32,694 | €13,829 | -€18,865 | -57.7% |
| Remuneration and social security | 454/9 | - | €11,055 | +€11,055 | |
| Other amounts payable | 47/48 | - | €30,529 | +€30,529 | |
| Accrued charges and deferred income | 492/3 | €2,780 | €1,929 | -€851 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,064 | €2,843 | -€221 | -7.2% |
| Other operating charges | 640/8 | €737 | €48,799 | +€48,061 | +6,518% |
| Gross operating margin | 9900 | €167,493 | €221,981 | +€54,488 | +32.5% |
| Operating profit (loss) | 9901 | €163,691 | €170,339 | +€6,648 | +4.1% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €3,265 | €4,808 | +€1,543 | +47.3% |
| Recurring financial charges | 65 | €3,265 | €4,808 | +€1,543 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €160,439 | €165,531 | +€5,092 | +3.2% |
| Income taxes | 67/77 | €48,182 | €47,116 | -€1,067 | -2.2% |
| Profit (loss) for the period | 9904 | €112,256 | €118,415 | +€6,159 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,256 | €118,415 | +€6,159 | +5.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.