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REACTR Management: 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.

What changed

REACTR Management

BE 0791.391.425
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,820
2024 · €106,790-€88,970
Equity
€285,079
2024 · €267,258+€17,820
Cash
€4,351
2024 · €0+€4,351
Balance sheet total
€304,382
2024 · €352,009-€47,627

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€60,217

    down €60,217 (-97.5%), from €61,747 to €1,530

    of which Other amounts receivable: -€60,309

  • Deferred charges and accrued income +€8,240

    up €8,240 (+3151.7%), from €261 to €8,501

  • Cash +€4,351

    up €4,351, from €0 to €4,351

    mainly Receivables within one year (+€60,217) and Net result for the year (+€17,820)

Equity and liabilities
  • Reserves +€85,079

    up €85,079 (+106.3%), from €80,000 to €165,079

    of which Distributable reserves: +€85,079

  • Profit (loss) carried forward -€67,258

    down €67,258 (-100.0%), from €67,258 to €0

  • Short-term financial debts -€50,368

    down €50,368 (-100.0%), from €50,368 to €0

  • Tax, wage and social debts -€8,122

    down €8,122 (-32.5%), from €24,981 to €16,859

  • Other debts -€5,000

    down €5,000 (-100.0%), from €5,000 to €0

Income statement
  • Gross operating margin -€115,051

    down €115,051 (-80.9%), from €142,197 to €27,147

  • Taxes -€29,045

    down €29,045 (-81.6%), from €35,609 to €6,564

  • Financial income -€1,712

    down €1,712 (-100.0%), from €1,712 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €106,790
Gross operating margin -€115,051
Other operating charges -€400
Financial income -€1,712
Financial charges -€852
Taxes +€29,045
Result 2025 €17,820

Cash bridge derived

cash 2024 to 2025

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.

From operations +€54,719
Investment €0
Financing -€50,368
Cash 2024 €0
Net result for the year +€17,820
Receivables within one year +€60,217
Deferred charges and accrued income -€8,240
Trade debts -€1,965
Tax, wage and social debts -€8,122
Other debts -€5,000
Accrued charges and deferred income +€9
Short-term financial debts -€50,368
Cash 2025 €4,351
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €352,009 €304,382 -€47,627 -13.5%
Fixed assets 21/28 €250,000 €250,000 = 0.0%
Financial fixed assets 28 €250,000 €250,000 = 0.0%
Current assets 29/58 €102,009 €54,382 -€47,627 -46.7%
Amounts receivable within one year 40/41 €61,747 €1,530 -€60,217 -97.5%
Trade receivables 40 €1,341 €1,432 +€92 +6.8%
Other amounts receivable 41 €60,407 €98 -€60,309 -99.8%
Current investments 50/53 €40,000 €40,000 = 0.0%
Cash at bank and in hand 54/58 €0 €4,351 +€4,351
Deferred charges and accrued income 490/1 €261 €8,501 +€8,240 +3151.7%
Total equity and liabilities 10/49 €352,009 €304,382 -€47,627 -13.5%
Equity 10/15 €267,258 €285,079 +€17,820 +6.7%
Contributions 10/11 €120,000 €120,000 = 0.0%
Reserves 13 €80,000 €165,079 +€85,079 +106.3%
Non-distributable reserves 130/1 €40,000 €40,000 = 0.0%
Own shares acquired 1312 €40,000 €40,000 = 0.0%
Distributable reserves 133 €40,000 €125,079 +€85,079 +212.7%
Profit (loss) carried forward 14 €67,258 €0 -€67,258 -100.0%
Amounts payable 17/49 €84,750 €19,303 -€65,447 -77.2%
Amounts payable within one year 42/48 €84,750 €19,295 -€65,455 -77.2%
Financial debts 43 €50,368 €0 -€50,368 -100.0%
Credit institutions 430/8 €50,368 €0 -€50,368 -100.0%
Trade debts 44 €4,401 €2,436 -€1,965 -44.6%
Suppliers 440/4 €4,401 €2,436 -€1,965 -44.6%
Taxes, remuneration and social security 45 €24,981 €16,859 -€8,122 -32.5%
Taxes 450/3 €24,981 €16,859 -€8,122 -32.5%
Other amounts payable 47/48 €5,000 €0 -€5,000 -100.0%
Accrued charges and deferred income 492/3 - €9 +€9
Other operating charges 640/8 €62 €462 +€400 +644.7%
Gross operating margin 9900 €142,197 €27,147 -€115,051 -80.9%
Operating profit (loss) 9901 €142,135 €26,685 -€115,450 -81.2%
Financial income 75/76B €1,712 €0 -€1,712 -100.0%
Recurring financial income 75 €1,712 €0 -€1,712 -100.0%
Financial charges 65/66B €1,449 €2,301 +€852 +58.8%
Recurring financial charges 65 €1,449 €2,301 +€852 +58.8%
Profit (loss) for the period before taxes 9903 €142,399 €24,384 -€118,015 -82.9%
Income taxes 67/77 €35,609 €6,564 -€29,045 -81.6%
Profit (loss) for the period 9904 €106,790 €17,820 -€88,970 -83.3%
Profit (loss) for the period to be appropriated 9905 €106,790 €17,820 -€88,970 -83.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.