REALMINDD: 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.
REALMINDD
Largest movements
- Financial fixed assets +€285,000
new in 2025: €285,000
- Cash +€37,124
up €37,124 (+65.3%), from €56,855 to €93,978
mainly Other debts (+€200,753) and Net result for the year (+€106,129)
- Tangible fixed assets -€13,209
down €13,209 (-13.1%), from €100,887 to €87,677
of which Furniture and vehicles: -€11,476
- Receivables within one year +€7,885
up €7,885 (+11.5%), from €68,606 to €76,490
of which Other amounts receivable: +€45,598
- Other debts +€200,753
up €200,753 (+12,380%), from €1,622 to €202,375
- Reserves +€40,436
up €40,436 (+10.2%), from €395,046 to €435,482
of which Distributable reserves: +€40,436
- Debts after one year +€40,098
new in 2025: €40,098
- Current portion of long-term debt +€24,139
new in 2025: €24,139
- Tax, wage and social debts +€8,126
up €8,126 (+58.0%), from €14,019 to €22,145
- Depreciation +€16,963
up €16,963 (+338%), from €5,020 to €21,984
- Taxes -€4,113
down €4,113 (-7.6%), from €54,249 to €50,136
- Financial income -€3,641
down €3,641 (-47.1%), from €7,730 to €4,089
- Gross operating margin -€2,995
down €2,995 (-1.6%), from €184,522 to €181,526
- Staff costs -€2,916
down €2,916 (-39.2%), from €7,432 to €4,516
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 | €455,010 | €771,182 | +€316,173 | +69.5% |
| Fixed assets | 21/28 | €100,887 | €372,677 | +€271,791 | +269% |
| Tangible fixed assets | 22/27 | €100,887 | €87,677 | -€13,209 | -13.1% |
| Furniture and vehicles | 24 | €94,277 | €82,801 | -€11,476 | -12.2% |
| Other tangible fixed assets | 26 | €6,610 | €4,876 | -€1,734 | -26.2% |
| Financial fixed assets | 28 | - | €285,000 | +€285,000 | |
| Current assets | 29/58 | €354,123 | €398,505 | +€44,382 | +12.5% |
| Amounts receivable within one year | 40/41 | €68,606 | €76,490 | +€7,885 | +11.5% |
| Trade receivables | 40 | €64,203 | €26,490 | -€37,713 | -58.7% |
| Other amounts receivable | 41 | €4,402 | €50,000 | +€45,598 | +1,036% |
| Current investments | 50/53 | €225,200 | €225,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,855 | €93,978 | +€37,124 | +65.3% |
| Deferred charges and accrued income | 490/1 | €3,463 | €2,837 | -€626 | -18.1% |
| Total equity and liabilities | 10/49 | €455,010 | €771,182 | +€316,173 | +69.5% |
| Equity | 10/15 | €438,092 | €478,528 | +€40,436 | +9.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €395,046 | €435,482 | +€40,436 | +10.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €393,191 | €433,627 | +€40,436 | +10.3% |
| Profit (loss) carried forward | 14 | €24,496 | €24,496 | = | 0.0% |
| Amounts payable | 17/49 | €16,918 | €292,655 | +€275,737 | +1,630% |
| Amounts payable after more than one year | 17 | - | €40,098 | +€40,098 | |
| Financial debts | 170/4 | - | €40,098 | +€40,098 | |
| Amounts payable within one year | 42/48 | €16,918 | €252,557 | +€235,639 | +1,393% |
| Current portion of amounts payable after more than one year | 42 | - | €24,139 | +€24,139 | |
| Trade debts | 44 | €1,277 | €3,898 | +€2,621 | +205% |
| Suppliers | 440/4 | €1,277 | €3,898 | +€2,621 | +205% |
| Taxes, remuneration and social security | 45 | €14,019 | €22,145 | +€8,126 | +58.0% |
| Taxes | 450/3 | €14,019 | €22,145 | +€8,126 | +58.0% |
| Other amounts payable | 47/48 | €1,622 | €202,375 | +€200,753 | +12,380% |
| Remuneration, social security and pensions | 62 | €7,432 | €4,516 | -€2,916 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,020 | €21,984 | +€16,963 | +338% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €184,522 | €181,526 | -€2,995 | -1.6% |
| Operating profit (loss) | 9901 | €171,682 | €154,627 | -€17,055 | -9.9% |
| Financial income | 75/76B | €7,730 | €4,089 | -€3,641 | -47.1% |
| Recurring financial income | 75 | €7,730 | €4,089 | -€3,641 | -47.1% |
| Financial charges | 65/66B | €143 | €2,451 | +€2,307 | +1,609% |
| Recurring financial charges | 65 | €143 | €2,451 | +€2,307 | +1,609% |
| Profit (loss) for the period before taxes | 9903 | €179,269 | €156,265 | -€23,003 | -12.8% |
| Income taxes | 67/77 | €54,249 | €50,136 | -€4,113 | -7.6% |
| Profit (loss) for the period | 9904 | €125,019 | €106,129 | -€18,890 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,019 | €106,129 | -€18,890 | -15.1% |
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 26 October 2026 via checked.be.