REAL THEATRE: what changed
REAL THEATRE
Largest movements
- Receivables within one year +€7,617
up €7,617 (+337%), from €2,263 to €9,880
of which Trade receivables: +€9,680
- Cash +€3,384
up €3,384 (+21.6%), from €15,676 to €19,060
mainly Net result for the year (+€13,916) and Depreciation (+€835)
- Tangible fixed assets +€1,734
new in 2025: €1,734
- Profit (loss) carried forward +€13,916
up €13,916 (+90.3%), from -€15,419 to -€1,503
- Trade debts -€1,468
down €1,468 (-61.2%), from €2,399 to €931
- Tax, wage and social debts +€307
new in 2025: €307
- Gross operating margin +€21,010
up €21,010, from -€4,571 to €16,439
- Other operating charges +€1,163
up €1,163 (+1,823%), from €64 to €1,227
- Depreciation +€835
new in 2025: €835
- Taxes +€307
new in 2025: €307
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 | €17,939 | €30,674 | +€12,735 | +71.0% |
| Fixed assets | 21/28 | - | €1,734 | +€1,734 | |
| Tangible fixed assets | 22/27 | - | €1,734 | +€1,734 | |
| Furniture and vehicles | 24 | - | €1,734 | +€1,734 | |
| Current assets | 29/58 | €17,939 | €28,940 | +€11,001 | +61.3% |
| Amounts receivable within one year | 40/41 | €2,263 | €9,880 | +€7,617 | +337% |
| Trade receivables | 40 | - | €9,680 | +€9,680 | |
| Other amounts receivable | 41 | €2,263 | €200 | -€2,063 | -91.2% |
| Cash at bank and in hand | 54/58 | €15,676 | €19,060 | +€3,384 | +21.6% |
| Total equity and liabilities | 10/49 | €17,939 | €30,674 | +€12,735 | +71.0% |
| Equity | 10/15 | €14,123 | €28,040 | +€13,916 | +98.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €17,142 | €17,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €857 | €857 | = | 0.0% |
| Reserves not available under the articles | 1311 | €857 | €857 | = | 0.0% |
| Distributable reserves | 133 | €16,285 | €16,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,419 | -€1,503 | +€13,916 | +90.3% |
| Amounts payable | 17/49 | €3,816 | €2,634 | -€1,182 | -31.0% |
| Amounts payable within one year | 42/48 | €3,816 | €2,634 | -€1,182 | -31.0% |
| Trade debts | 44 | €2,399 | €931 | -€1,468 | -61.2% |
| Suppliers | 440/4 | €2,399 | €931 | -€1,468 | -61.2% |
| Taxes, remuneration and social security | 45 | - | €307 | +€307 | |
| Taxes | 450/3 | - | €307 | +€307 | |
| Other amounts payable | 47/48 | €1,416 | €1,395 | -€21 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €835 | +€835 | |
| Other operating charges | 640/8 | €64 | €1,227 | +€1,163 | +1,823% |
| Gross operating margin | 9900 | -€4,571 | €16,439 | +€21,010 | |
| Operating profit (loss) | 9901 | -€4,635 | €14,377 | +€19,012 | |
| Financial charges | 65/66B | €107 | €154 | +€47 | +43.5% |
| Recurring financial charges | 65 | €107 | €154 | +€47 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,742 | €14,224 | +€18,966 | |
| Income taxes | 67/77 | - | €307 | +€307 | |
| Profit (loss) for the period | 9904 | -€4,742 | €13,916 | +€18,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,742 | €13,916 | +€18,659 |
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 8 November 2026 via checked.be.