REAER: 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.
REAER
Largest movements
- Cash +€44,903
up €44,903 (+161.2%), from €27,851 to €72,754
mainly Other debts (+€45,872) and Net result for the year (+€33,294)
- Receivables within one year -€2,576
down €2,576 (-86.1%), from €2,991 to €415
of which Trade receivables: -€1,723
- Other debts +€45,872
up €45,872 (+3395.4%), from €1,351 to €47,223
- Profit (loss) carried forward -€13,706
down €13,706 (-98.5%), from €13,919 to €213
- Tax, wage and social debts +€12,168
up €12,168 (+442.5%), from €2,750 to €14,918
- Trade debts -€2,008
down €2,008 (-94.4%), from €2,127 to €119
- Gross operating margin +€34,668
up €34,668 (+315.6%), from €10,986 to €45,654
- Taxes +€9,558
up €9,558 (+366.2%), from €2,610 to €12,168
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 | €30,842 | €73,169 | +€42,327 | +137.2% |
| Current assets | 29/58 | €30,842 | €73,169 | +€42,327 | +137.2% |
| Amounts receivable within one year | 40/41 | €2,991 | €415 | -€2,576 | -86.1% |
| Trade receivables | 40 | €1,723 | - | -€1,723 | |
| Other amounts receivable | 41 | €1,268 | €415 | -€853 | -67.3% |
| Cash at bank and in hand | 54/58 | €27,851 | €72,754 | +€44,903 | +161.2% |
| Total equity and liabilities | 10/49 | €30,842 | €73,169 | +€42,327 | +137.2% |
| Equity | 10/15 | €23,919 | €10,213 | -€13,706 | -57.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,919 | €213 | -€13,706 | -98.5% |
| Amounts payable | 17/49 | €6,923 | €62,956 | +€56,033 | +809.4% |
| Amounts payable within one year | 42/48 | €6,228 | €62,260 | +€56,032 | +899.7% |
| Trade debts | 44 | €2,127 | €119 | -€2,008 | -94.4% |
| Suppliers | 440/4 | €2,127 | €119 | -€2,008 | -94.4% |
| Taxes, remuneration and social security | 45 | €2,750 | €14,918 | +€12,168 | +442.5% |
| Taxes | 450/3 | €2,750 | €14,918 | +€12,168 | +442.5% |
| Other amounts payable | 47/48 | €1,351 | €47,223 | +€45,872 | +3395.4% |
| Accrued charges and deferred income | 492/3 | €695 | €696 | +€1 | +0.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €10,986 | €45,654 | +€34,668 | +315.6% |
| Operating profit (loss) | 9901 | €10,868 | €45,534 | +€34,666 | +319.0% |
| Financial charges | 65/66B | €76 | €72 | -€4 | -5.3% |
| Recurring financial charges | 65 | €76 | €72 | -€4 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €10,792 | €45,462 | +€34,670 | +321.3% |
| Income taxes | 67/77 | €2,610 | €12,168 | +€9,558 | +366.2% |
| Profit (loss) for the period | 9904 | €8,182 | €33,294 | +€25,112 | +306.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,182 | €33,294 | +€25,112 | +306.9% |
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 8 October 2026 via checked.be.