Realidad: 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.
Realidad
Largest movements
- Cash +€57,424
up €57,424 (+40.4%), from €142,203 to €199,627
mainly Net result for the year (+€63,543) and Receivables within one year (+€14,010)
- Current investments +€15,312
up €15,312 (+5.7%), from €268,530 to €283,842
- Receivables within one year -€14,010
down €14,010 (-73.1%), from €19,154 to €5,144
of which Trade receivables: -€19,154
- Reserves +€63,543
up €63,543 (+18.0%), from €352,226 to €415,769
of which Distributable reserves: +€67,202
- Tax, wage and social debts -€16,800
down €16,800 (-100%), from €16,800 to €0
- Gross operating margin +€43,729
up €43,729 (+81.4%), from €53,708 to €97,437
- Taxes +€15,365
up €15,365 (+89.1%), from €17,248 to €32,613
- Financial income +€3,114
up €3,114 (+303%), from €1,028 to €4,141
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 | €446,206 | €501,097 | +€54,891 | +12.3% |
| Fixed assets | 21/28 | €14,636 | €10,801 | -€3,835 | -26.2% |
| Tangible fixed assets | 22/27 | €14,136 | €10,301 | -€3,835 | -27.1% |
| Plant, machinery and equipment | 23 | €348 | €0 | -€348 | -100% |
| Other tangible fixed assets | 26 | €13,789 | €10,301 | -€3,487 | -25.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €431,570 | €490,296 | +€58,727 | +13.6% |
| Amounts receivable within one year | 40/41 | €19,154 | €5,144 | -€14,010 | -73.1% |
| Trade receivables | 40 | €19,154 | €0 | -€19,154 | -100% |
| Other amounts receivable | 41 | €0 | €5,144 | +€5,144 | |
| Current investments | 50/53 | €268,530 | €283,842 | +€15,312 | +5.7% |
| Cash at bank and in hand | 54/58 | €142,203 | €199,627 | +€57,424 | +40.4% |
| Deferred charges and accrued income | 490/1 | €1,682 | €1,682 | = | 0.0% |
| Total equity and liabilities | 10/49 | €446,206 | €501,097 | +€54,891 | +12.3% |
| Equity | 10/15 | €426,006 | €489,549 | +€63,543 | +14.9% |
| Contributions | 10/11 | €73,780 | €73,780 | = | 0.0% |
| Reserves | 13 | €352,226 | €415,769 | +€63,543 | +18.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €3,659 | €0 | -€3,659 | -100% |
| Distributable reserves | 133 | €348,567 | €415,769 | +€67,202 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €20,200 | €11,548 | -€8,652 | -42.8% |
| Amounts payable within one year | 42/48 | €20,200 | €11,548 | -€8,652 | -42.8% |
| Financial debts | 43 | €160 | €656 | +€496 | +310% |
| Credit institutions | 430/8 | €160 | €656 | +€496 | +310% |
| Trade debts | 44 | €348 | €4,668 | +€4,320 | +1,243% |
| Suppliers | 440/4 | €348 | €4,668 | +€4,320 | +1,243% |
| Taxes, remuneration and social security | 45 | €16,800 | €0 | -€16,800 | -100% |
| Taxes | 450/3 | €16,800 | €0 | -€16,800 | -100% |
| Other amounts payable | 47/48 | €2,893 | €6,225 | +€3,332 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,893 | €3,835 | -€58 | -1.5% |
| Other operating charges | 640/8 | €459 | €440 | -€19 | -4.2% |
| Gross operating margin | 9900 | €53,708 | €97,437 | +€43,729 | +81.4% |
| Operating profit (loss) | 9901 | €49,356 | €93,161 | +€43,806 | +88.8% |
| Financial income | 75/76B | €1,028 | €4,141 | +€3,114 | +303% |
| Recurring financial income | 75 | €1,028 | €4,141 | +€3,114 | +303% |
| Financial charges | 65/66B | €1,126 | €1,146 | +€20 | +1.7% |
| Recurring financial charges | 65 | €1,126 | €1,146 | +€20 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €49,257 | €96,156 | +€46,899 | +95.2% |
| Income taxes | 67/77 | €17,248 | €32,613 | +€15,365 | +89.1% |
| Profit (loss) for the period | 9904 | €32,009 | €63,543 | +€31,534 | +98.5% |
| Transfer from tax-exempt reserves | 789 | - | €3,659 | +€3,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,009 | €67,202 | +€35,193 | +110% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.