REACTR Energy: 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.
REACTR Energy
Largest movements
- Tangible fixed assets +€861,218
up €861,218 (+186%), from €463,386 to €1.3m
of which Other tangible fixed assets: +€615,607
- Financial fixed assets +€622,506
new in 2025: €622,506
- Cash -€304,988
down €304,988 (-100%), from €304,988 to €0
mainly Investment in fixed assets (net) (-€1.6m) and Trade debts (-€79,503)
- Receivables within one year -€63,717
down €63,717 (-28.2%), from €225,667 to €161,951
of which Other amounts receivable: -€103,924
- Deferred charges and accrued income +€30,310
new in 2025: €30,310
- Debts after one year +€1.0m
up €1.0m (+402%), from €260,000 to €1.3m
- Current portion of long-term debt +€187,500
up €187,500 (+234%), from €80,000 to €267,500
- Trade debts -€79,503
down €79,503 (-50.0%), from €158,988 to €79,485
- Short-term financial debts -€34,322
down €34,322 (-85.8%), from €40,000 to €5,678
- Profit (loss) carried forward +€29,967
up €29,967 (+79.8%), from €37,533 to €67,500
- Gross operating margin +€85,016
up €85,016 (+68.0%), from €125,025 to €210,041
- Depreciation +€59,759
up €59,759 (+71.1%), from €84,013 to €143,772
- Financial charges +€53,328
up €53,328 (+447%), from €11,919 to €65,247
- Financial income +€21,679
up €21,679 (+233%), from €9,324 to €31,003
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 | €994,042 | €2,139,370 | +€1.1m | +115% |
| Fixed assets | 21/28 | €463,386 | €1,947,110 | +€1.5m | +320% |
| Tangible fixed assets | 22/27 | €463,386 | €1,324,603 | +€861,218 | +186% |
| Plant, machinery and equipment | 23 | €348,481 | €708,996 | +€360,515 | +103% |
| Other tangible fixed assets | 26 | - | €615,607 | +€615,607 | |
| Assets under construction and advance payments | 27 | €114,905 | €0 | -€114,905 | -100% |
| Financial fixed assets | 28 | - | €622,506 | +€622,506 | |
| Current assets | 29/58 | €530,656 | €192,261 | -€338,395 | -63.8% |
| Amounts receivable within one year | 40/41 | €225,667 | €161,951 | -€63,717 | -28.2% |
| Trade receivables | 40 | €80,653 | €120,860 | +€40,207 | +49.9% |
| Other amounts receivable | 41 | €145,014 | €41,090 | -€103,924 | -71.7% |
| Cash at bank and in hand | 54/58 | €304,988 | €0 | -€304,988 | -100% |
| Deferred charges and accrued income | 490/1 | - | €30,310 | +€30,310 | |
| Total equity and liabilities | 10/49 | €994,042 | €2,139,370 | +€1.1m | +115% |
| Equity | 10/15 | €437,533 | €467,500 | +€29,967 | +6.8% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,533 | €67,500 | +€29,967 | +79.8% |
| Amounts payable | 17/49 | €556,509 | €1,671,870 | +€1.1m | +200% |
| Amounts payable after more than one year | 17 | €260,000 | €1,305,000 | +€1.0m | +402% |
| Financial debts | 170/4 | €260,000 | €1,305,000 | +€1.0m | +402% |
| Amounts payable within one year | 42/48 | €296,509 | €366,870 | +€70,361 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | €267,500 | +€187,500 | +234% |
| Financial debts | 43 | €40,000 | €5,678 | -€34,322 | -85.8% |
| Credit institutions | 430/8 | €40,000 | €5,678 | -€34,322 | -85.8% |
| Trade debts | 44 | €158,988 | €79,485 | -€79,503 | -50.0% |
| Suppliers | 440/4 | €158,988 | €79,485 | -€79,503 | -50.0% |
| Taxes, remuneration and social security | 45 | €17,520 | €14,206 | -€3,314 | -18.9% |
| Taxes | 450/3 | €17,520 | €14,206 | -€3,314 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,013 | €143,772 | +€59,759 | +71.1% |
| Other operating charges | 640/8 | €884 | €2,057 | +€1,173 | +133% |
| Gross operating margin | 9900 | €125,025 | €210,041 | +€85,016 | +68.0% |
| Operating profit (loss) | 9901 | €40,128 | €64,212 | +€24,084 | +60.0% |
| Financial income | 75/76B | €9,324 | €31,003 | +€21,679 | +233% |
| Recurring financial income | 75 | €9,324 | €31,003 | +€21,679 | +233% |
| Financial charges | 65/66B | €11,919 | €65,247 | +€53,328 | +447% |
| Recurring financial charges | 65 | €11,919 | €65,247 | +€53,328 | +447% |
| Profit (loss) for the period before taxes | 9903 | €37,533 | €29,967 | -€7,566 | -20.2% |
| Profit (loss) for the period | 9904 | €37,533 | €29,967 | -€7,566 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,533 | €29,967 | -€7,566 | -20.2% |
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.