RE5ULT & CO: 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.
RE5ULT & CO
Largest movements
- Receivables within one year +€2,446
up €2,446 (+24.9%), from €9,814 to €12,260
- Cash -€1,659
down €1,659 (-70.2%), from €2,362 to €703
mainly Net result for the year (-€17,086) and Receivables within one year (-€2,446)
- Tangible fixed assets -€1,005
down €1,005 (-35.5%), from €2,827 to €1,822
- Formation expenses -€440
down €440 (-24.4%), from €1,799 to €1,359
- Profit (loss) carried forward -€17,086
down €17,086, from €550 to -€16,535
- Other debts +€13,076
up €13,076 (+395%), from €3,311 to €16,387
- Trade debts +€4,221
up €4,221 (+263%), from €1,606 to €5,827
- Tax, wage and social debts -€990
down €990 (-7.1%), from €14,023 to €13,033
of which Remuneration and social security: -€986
- Staff costs +€7,630
up €7,630 (+29.5%), from €25,829 to €33,459
- Gross operating margin -€6,730
down €6,730 (-23.9%), from €28,206 to €21,477
- Financial charges +€2,985
up €2,985 (+701%), from €426 to €3,411
- Depreciation +€857
up €857 (+146%), from €587 to €1,445
- Taxes -€566
down €566 (-69.6%), from €813 to €248
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 | €24,491 | €23,712 | -€779 | -3.2% |
| Formation expenses | 20 | €1,799 | €1,359 | -€440 | -24.4% |
| Fixed assets | 21/28 | €2,827 | €1,822 | -€1,005 | -35.5% |
| Tangible fixed assets | 22/27 | €2,827 | €1,822 | -€1,005 | -35.5% |
| Furniture and vehicles | 24 | €2,827 | €1,822 | -€1,005 | -35.5% |
| Current assets | 29/58 | €19,866 | €20,531 | +€665 | +3.3% |
| Amounts receivable within one year | 40/41 | €9,814 | €12,260 | +€2,446 | +24.9% |
| Trade receivables | 40 | €9,814 | €12,260 | +€2,446 | +24.9% |
| Cash at bank and in hand | 54/58 | €2,362 | €703 | -€1,659 | -70.2% |
| Deferred charges and accrued income | 490/1 | €7,690 | €7,568 | -€122 | -1.6% |
| Total equity and liabilities | 10/49 | €24,491 | €23,712 | -€779 | -3.2% |
| Equity | 10/15 | €5,550 | -€11,535 | -€17,086 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €550 | -€16,535 | -€17,086 | |
| Amounts payable | 17/49 | €18,941 | €35,248 | +€16,307 | +86.1% |
| Amounts payable within one year | 42/48 | €18,941 | €35,248 | +€16,307 | +86.1% |
| Trade debts | 44 | €1,606 | €5,827 | +€4,221 | +263% |
| Suppliers | 440/4 | €1,606 | €5,827 | +€4,221 | +263% |
| Taxes, remuneration and social security | 45 | €14,023 | €13,033 | -€990 | -7.1% |
| Taxes | 450/3 | €6,476 | €6,472 | -€4 | -0.1% |
| Remuneration and social security | 454/9 | €7,547 | €6,561 | -€986 | -13.1% |
| Other amounts payable | 47/48 | €3,311 | €16,387 | +€13,076 | +395% |
| Remuneration, social security and pensions | 62 | €25,829 | €33,459 | +€7,630 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €587 | €1,445 | +€857 | +146% |
| Gross operating margin | 9900 | €28,206 | €21,477 | -€6,730 | -23.9% |
| Operating profit (loss) | 9901 | €1,790 | -€13,427 | -€15,217 | |
| Financial charges | 65/66B | €426 | €3,411 | +€2,985 | +701% |
| Recurring financial charges | 65 | €426 | €3,411 | +€2,985 | +701% |
| Profit (loss) for the period before taxes | 9903 | €1,364 | -€16,838 | -€18,202 | |
| Income taxes | 67/77 | €813 | €248 | -€566 | -69.6% |
| Profit (loss) for the period | 9904 | €550 | -€17,086 | -€17,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €550 | -€17,086 | -€17,636 |
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 24 October 2026 via checked.be.