REACTIVP: 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.
REACTIVP
Largest movements
- Cash +€71,712
up €71,712 (+28.9%), from €247,716 to €319,428
mainly Net result for the year (+€83,357) and Other debts (+€48,280)
- Tangible fixed assets -€8,313
down €8,313 (-62.8%), from €13,239 to €4,927
- Receivables within one year +€6,345
up €6,345 (+15.2%), from €41,787 to €48,132
of which Trade receivables: +€6,452
- Other debts +€48,280
up €48,280 (+1,227%), from €3,935 to €52,215
- Reserves +€36,000
up €36,000 (+14.4%), from €250,000 to €286,000
- Tax, wage and social debts -€17,789
down €17,789 (-44.9%), from €39,623 to €21,834
- Gross operating margin +€25,132
up €25,132 (+23.3%), from €107,881 to €133,013
- Taxes +€9,588
up €9,588 (+28.3%), from €33,831 to €43,419
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 | €310,327 | €376,886 | +€66,559 | +21.4% |
| Fixed assets | 21/28 | €13,239 | €4,927 | -€8,313 | -62.8% |
| Tangible fixed assets | 22/27 | €13,239 | €4,927 | -€8,313 | -62.8% |
| Furniture and vehicles | 24 | €13,239 | €4,927 | -€8,313 | -62.8% |
| Current assets | 29/58 | €297,088 | €371,959 | +€74,871 | +25.2% |
| Amounts receivable after more than one year | 29 | €6,288 | €3,094 | -€3,194 | -50.8% |
| Other amounts receivable | 291 | €6,288 | €3,094 | -€3,194 | -50.8% |
| Amounts receivable within one year | 40/41 | €41,787 | €48,132 | +€6,345 | +15.2% |
| Trade receivables | 40 | €41,680 | €48,132 | +€6,452 | +15.5% |
| Other amounts receivable | 41 | €107 | - | -€107 | |
| Cash at bank and in hand | 54/58 | €247,716 | €319,428 | +€71,712 | +28.9% |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,304 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €310,327 | €376,886 | +€66,559 | +21.4% |
| Equity | 10/15 | €262,042 | €295,399 | +€33,357 | +12.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €250,000 | €286,000 | +€36,000 | +14.4% |
| Distributable reserves | 133 | €250,000 | €286,000 | +€36,000 | +14.4% |
| Profit (loss) carried forward | 14 | €4,542 | €1,899 | -€2,643 | -58.2% |
| Amounts payable | 17/49 | €48,285 | €81,486 | +€33,201 | +68.8% |
| Amounts payable within one year | 42/48 | €48,285 | €81,486 | +€33,201 | +68.8% |
| Trade debts | 44 | €4,726 | €7,437 | +€2,711 | +57.4% |
| Suppliers | 440/4 | €4,726 | €7,437 | +€2,711 | +57.4% |
| Taxes, remuneration and social security | 45 | €39,623 | €21,834 | -€17,789 | -44.9% |
| Taxes | 450/3 | €39,623 | €21,834 | -€17,789 | -44.9% |
| Other amounts payable | 47/48 | €3,935 | €52,215 | +€48,280 | +1,227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,899 | €8,313 | +€414 | +5.2% |
| Other operating charges | 640/8 | €422 | €830 | +€408 | +96.8% |
| Non-recurring operating charges | 66A | €747 | - | -€747 | |
| Gross operating margin | 9900 | €107,881 | €133,013 | +€25,132 | +23.3% |
| Operating profit (loss) | 9901 | €98,814 | €123,870 | +€25,057 | +25.4% |
| Financial income | 75/76B | €2,440 | €3,107 | +€667 | +27.3% |
| Recurring financial income | 75 | €2,440 | €3,107 | +€667 | +27.3% |
| Financial charges | 65/66B | €165 | €201 | +€36 | +21.5% |
| Recurring financial charges | 65 | €165 | €201 | +€36 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €101,088 | €126,777 | +€25,688 | +25.4% |
| Income taxes | 67/77 | €33,831 | €43,419 | +€9,588 | +28.3% |
| Profit (loss) for the period | 9904 | €67,257 | €83,357 | +€16,100 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,257 | €83,357 | +€16,100 | +23.9% |
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 13 October 2026 via checked.be.