ReacD: what changed
Two fiscal 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.
ReacD
Largest movements
- Cash -€672
down €672 (-10.6%), from €6,332 to €5,660
mainly Net result for the year (-€2,999) and Receivables within one year (-€411)
- Tangible fixed assets -€427
down €427 (-100.0%), from €427 to €0
- Receivables within one year +€411
up €411 (+29.5%), from €1,392 to €1,803
- Profit (loss) carried forward -€2,999
down €2,999 (-14.1%), from -€21,319 to -€24,318
- Other debts +€2,311
up €2,311 (+110.9%), from €2,084 to €4,395
- Gross operating margin +€1,148
up €1,148 (+35.7%), from -€3,214 to -€2,065
- Depreciation -€539
down €539 (-55.8%), from €967 to €427
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 | €17,718 | €17,030 | -€688 | -3.9% |
| Fixed assets | 21/28 | €427 | €0 | -€427 | -100.0% |
| Tangible fixed assets | 22/27 | €427 | €0 | -€427 | -100.0% |
| Furniture and vehicles | 24 | €427 | €0 | -€427 | -100.0% |
| Current assets | 29/58 | €17,291 | €17,030 | -€261 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,392 | €1,803 | +€411 | +29.5% |
| Other amounts receivable | 41 | €1,392 | €1,803 | +€411 | +29.5% |
| Current investments | 50/53 | €9,566 | €9,566 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,332 | €5,660 | -€672 | -10.6% |
| Total equity and liabilities | 10/49 | €17,718 | €17,030 | -€688 | -3.9% |
| Equity | 10/15 | €15,634 | €12,635 | -€2,999 | -19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €24,553 | €24,553 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,693 | €22,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,319 | -€24,318 | -€2,999 | -14.1% |
| Amounts payable | 17/49 | €2,084 | €4,395 | +€2,311 | +110.9% |
| Amounts payable within one year | 42/48 | €2,084 | €4,395 | +€2,311 | +110.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,084 | €4,395 | +€2,311 | +110.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €967 | €427 | -€539 | -55.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€3,214 | -€2,065 | +€1,148 | +35.7% |
| Operating profit (loss) | 9901 | -€4,564 | -€2,880 | +€1,685 | +36.9% |
| Financial charges | 65/66B | €136 | €120 | -€17 | -12.1% |
| Recurring financial charges | 65 | €136 | €120 | -€17 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,701 | -€2,999 | +€1,701 | +36.2% |
| Profit (loss) for the period | 9904 | -€4,701 | -€2,999 | +€1,701 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,701 | -€2,999 | +€1,701 | +36.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.