REA TRADING: 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.
REA TRADING
Largest movements
- Current investments +€149,775
new in 2025: €149,775
- Cash -€116,531
down €116,531 (-16.4%), from €708,430 to €591,899
mainly Current investments (-€149,775) and Contributions, distributions and other (-€100,000)
- Profit (loss) carried forward +€21,408
up €21,408 (+11.8%), from €181,557 to €202,965
- Gross operating margin -€19,228
down €19,228 (-10.0%), from €193,021 to €173,793
- Financial income +€5,676
up €5,676 (+64.2%), from €8,840 to €14,516
- Other operating charges +€2,588
up €2,588 (+190%), from €1,363 to €3,951
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 | €769,783 | €803,003 | +€33,220 | +4.3% |
| Fixed assets | 21/28 | €25,480 | €19,570 | -€5,910 | -23.2% |
| Tangible fixed assets | 22/27 | €25,407 | €19,497 | -€5,910 | -23.3% |
| Plant, machinery and equipment | 23 | €56 | €1,388 | +€1,333 | +2,398% |
| Furniture and vehicles | 24 | €20,240 | €14,195 | -€6,045 | -29.9% |
| Leasing and similar rights | 25 | €1,016 | €609 | -€407 | -40.1% |
| Other tangible fixed assets | 26 | €4,096 | €3,305 | -€791 | -19.3% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €744,303 | €783,433 | +€39,130 | +5.3% |
| Amounts receivable within one year | 40/41 | €31,294 | €37,177 | +€5,883 | +18.8% |
| Trade receivables | 40 | €25,441 | €22,544 | -€2,897 | -11.4% |
| Other amounts receivable | 41 | €5,853 | €14,632 | +€8,779 | +150% |
| Current investments | 50/53 | - | €149,775 | +€149,775 | |
| Cash at bank and in hand | 54/58 | €708,430 | €591,899 | -€116,531 | -16.4% |
| Deferred charges and accrued income | 490/1 | €4,579 | €4,582 | +€3 | +0.1% |
| Total equity and liabilities | 10/49 | €769,783 | €803,003 | +€33,220 | +4.3% |
| Equity | 10/15 | €672,017 | €693,425 | +€21,408 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €471,860 | €471,860 | = | 0.0% |
| Distributable reserves | 133 | €471,860 | €471,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,557 | €202,965 | +€21,408 | +11.8% |
| Amounts payable | 17/49 | €97,766 | €109,578 | +€11,812 | +12.1% |
| Amounts payable within one year | 42/48 | €97,766 | €109,578 | +€11,812 | +12.1% |
| Trade debts | 44 | €5,635 | €9,090 | +€3,456 | +61.3% |
| Suppliers | 440/4 | €5,635 | €9,090 | +€3,456 | +61.3% |
| Taxes, remuneration and social security | 45 | €4,500 | €5,000 | +€500 | +11.1% |
| Taxes | 450/3 | €4,500 | €5,000 | +€500 | +11.1% |
| Other amounts payable | 47/48 | €87,631 | €95,488 | +€7,857 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,425 | €7,507 | -€1,919 | -20.4% |
| Other operating charges | 640/8 | €1,363 | €3,951 | +€2,588 | +190% |
| Non-recurring operating charges | 66A | €767 | €193 | -€574 | -74.8% |
| Gross operating margin | 9900 | €193,021 | €173,793 | -€19,228 | -10.0% |
| Operating profit (loss) | 9901 | €181,466 | €162,142 | -€19,324 | -10.6% |
| Financial income | 75/76B | €8,840 | €14,516 | +€5,676 | +64.2% |
| Recurring financial income | 75 | €8,840 | €14,516 | +€5,676 | +64.2% |
| Financial charges | 65/66B | €206 | €381 | +€175 | +84.8% |
| Recurring financial charges | 65 | €206 | €381 | +€175 | +84.8% |
| Profit (loss) for the period before taxes | 9903 | €190,100 | €176,277 | -€13,823 | -7.3% |
| Income taxes | 67/77 | €55,581 | €54,869 | -€711 | -1.3% |
| Profit (loss) for the period | 9904 | €134,519 | €121,408 | -€13,111 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,519 | €121,408 | -€13,111 | -9.7% |
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 19 October 2026 via checked.be.