Reach For More: what changed
Reach For More
Largest movements
- Receivables within one year +€70,465
up €70,465 (+34.2%), from €206,167 to €276,631
of which Trade receivables: +€62,999
- Tangible fixed assets +€46,821
up €46,821 (+95.6%), from €48,950 to €95,771
of which Plant, machinery and equipment: +€55,470
- Cash +€43,249
up €43,249 (+29.4%), from €147,013 to €190,262
mainly Tax, wage and social debts (+€57,709) and Trade debts (+€42,833)
- Financial fixed assets +€9,163
up €9,163 (+197%), from €4,650 to €13,813
- Deferred charges and accrued income -€5,914
down €5,914 (-100%), from €5,914 to €0
- Tax, wage and social debts +€57,709
up €57,709 (+88.3%), from €65,330 to €123,039
of which Taxes: +€31,253
- Trade debts +€42,833
up €42,833 (+37.2%), from €115,163 to €157,996
- Reserves +€30,544
up €30,544 (+44.8%), from €68,134 to €98,677
- Debts after one year +€23,932
up €23,932 (+122%), from €19,611 to €43,543
- Current portion of long-term debt +€6,616
up €6,616 (+166%), from €3,976 to €10,592
- Staff costs +€80,316
up €80,316 (+41.9%), from €191,594 to €271,910
- Gross operating margin +€80,067
up €80,067 (+24.1%), from €331,564 to €411,631
- Other operating charges +€52,226
up €52,226 (+260%), from €20,099 to €72,325
- Taxes -€19,392
down €19,392 (-53.5%), from €36,279 to €16,886
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,624 | €581,367 | +€161,744 | +38.5% |
| Fixed assets | 21/28 | €60,280 | €114,224 | +€53,944 | +89.5% |
| Intangible fixed assets | 21 | €6,680 | €4,640 | -€2,040 | -30.5% |
| Tangible fixed assets | 22/27 | €48,950 | €95,771 | +€46,821 | +95.6% |
| Plant, machinery and equipment | 23 | €11,427 | €66,897 | +€55,470 | +485% |
| Furniture and vehicles | 24 | €13,998 | €9,679 | -€4,319 | -30.9% |
| Leasing and similar rights | 25 | €23,526 | €19,195 | -€4,330 | -18.4% |
| Financial fixed assets | 28 | €4,650 | €13,813 | +€9,163 | +197% |
| Current assets | 29/58 | €359,344 | €467,144 | +€107,800 | +30.0% |
| Amounts receivable within one year | 40/41 | €206,167 | €276,631 | +€70,465 | +34.2% |
| Trade receivables | 40 | €205,215 | €268,214 | +€62,999 | +30.7% |
| Other amounts receivable | 41 | €952 | €8,418 | +€7,465 | +784% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,013 | €190,262 | +€43,249 | +29.4% |
| Deferred charges and accrued income | 490/1 | €5,914 | €0 | -€5,914 | -100% |
| Total equity and liabilities | 10/49 | €419,624 | €581,367 | +€161,744 | +38.5% |
| Equity | 10/15 | €213,167 | €243,711 | +€30,544 | +14.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,134 | €98,677 | +€30,544 | +44.8% |
| Distributable reserves | 133 | €68,134 | €98,677 | +€30,544 | +44.8% |
| Profit (loss) carried forward | 14 | €140,034 | €140,034 | = | 0.0% |
| Amounts payable | 17/49 | €206,456 | €337,656 | +€131,200 | +63.5% |
| Amounts payable after more than one year | 17 | €19,611 | €43,543 | +€23,932 | +122% |
| Financial debts | 170/4 | €19,611 | €43,543 | +€23,932 | +122% |
| Amounts payable within one year | 42/48 | €186,845 | €294,113 | +€107,268 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | €3,976 | €10,592 | +€6,616 | +166% |
| Financial debts | 43 | €2,165 | €319 | -€1,846 | -85.3% |
| Credit institutions | 430/8 | €2,165 | €319 | -€1,846 | -85.3% |
| Trade debts | 44 | €115,163 | €157,996 | +€42,833 | +37.2% |
| Suppliers | 440/4 | €115,163 | €157,996 | +€42,833 | +37.2% |
| Taxes, remuneration and social security | 45 | €65,330 | €123,039 | +€57,709 | +88.3% |
| Taxes | 450/3 | €31,374 | €62,627 | +€31,253 | +99.6% |
| Remuneration and social security | 454/9 | €33,956 | €60,412 | +€26,456 | +77.9% |
| Other amounts payable | 47/48 | €212 | €2,167 | +€1,955 | +921% |
| Non-recurring operating income | 76A | - | €9,262 | +€9,262 | |
| Remuneration, social security and pensions | 62 | €191,594 | €271,910 | +€80,316 | +41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,803 | €17,034 | +€3,230 | +23.4% |
| Other operating charges | 640/8 | €20,099 | €72,325 | +€52,226 | +260% |
| Gross operating margin | 9900 | €331,564 | €411,631 | +€80,067 | +24.1% |
| Operating profit (loss) | 9901 | €106,069 | €50,363 | -€55,706 | -52.5% |
| Financial income | 75/76B | €208 | €2 | -€205 | -98.9% |
| Recurring financial income | 75 | €208 | €2 | -€205 | -98.9% |
| Financial charges | 65/66B | €1,864 | €2,935 | +€1,071 | +57.5% |
| Recurring financial charges | 65 | €1,864 | €2,935 | +€1,071 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €104,412 | €47,430 | -€56,982 | -54.6% |
| Income taxes | 67/77 | €36,279 | €16,886 | -€19,392 | -53.5% |
| Profit (loss) for the period | 9904 | €68,134 | €30,544 | -€37,590 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,134 | €30,544 | -€37,590 | -55.2% |
Next steps
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 7 November 2026 via checked.be.