Realon: 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.
Realon
Largest movements
- Cash +€18,010
up €18,010 (+204%), from €8,830 to €26,839
mainly Depreciation (+€7,146) and Trade debts (+€5,476)
- Tangible fixed assets -€7,146
down €7,146 (-99.6%), from €7,178 to €32
of which Furniture and vehicles: -€6,587
- Receivables within one year +€1,429
up €1,429 (+7.3%), from €19,491 to €20,920
of which Trade receivables: +€14,325
- Deferred charges and accrued income -€876
down €876 (-36.2%), from €2,422 to €1,545
- Trade debts +€5,476
up €5,476 (+1,707%), from €321 to €5,797
- Profit (loss) carried forward +€3,896
up €3,896 (+10.7%), from -€36,359 to -€32,463
- Other debts +€1,859
new in 2025: €1,859
- Gross operating margin +€36,380
up €36,380, from -€24,650 to €11,730
- Depreciation -€3,665
down €3,665 (-33.9%), from €10,811 to €7,146
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 | €37,920 | €49,336 | +€11,416 | +30.1% |
| Fixed assets | 21/28 | €7,178 | €32 | -€7,146 | -99.6% |
| Tangible fixed assets | 22/27 | €7,178 | €32 | -€7,146 | -99.6% |
| Plant, machinery and equipment | 23 | €592 | €32 | -€560 | -94.6% |
| Furniture and vehicles | 24 | €6,587 | - | -€6,587 | |
| Current assets | 29/58 | €30,742 | €49,304 | +€18,562 | +60.4% |
| Amounts receivable within one year | 40/41 | €19,491 | €20,920 | +€1,429 | +7.3% |
| Trade receivables | 40 | €6,511 | €20,836 | +€14,325 | +220% |
| Other amounts receivable | 41 | €12,980 | €84 | -€12,896 | -99.4% |
| Cash at bank and in hand | 54/58 | €8,830 | €26,839 | +€18,010 | +204% |
| Deferred charges and accrued income | 490/1 | €2,422 | €1,545 | -€876 | -36.2% |
| Total equity and liabilities | 10/49 | €37,920 | €49,336 | +€11,416 | +30.1% |
| Equity | 10/15 | €37,599 | €41,495 | +€3,896 | +10.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €12,458 | €12,458 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €6,308 | €6,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,359 | -€32,463 | +€3,896 | +10.7% |
| Amounts payable | 17/49 | €321 | €7,841 | +€7,520 | +2,344% |
| Amounts payable within one year | 42/48 | €321 | €7,841 | +€7,520 | +2,344% |
| Trade debts | 44 | €321 | €5,797 | +€5,476 | +1,707% |
| Suppliers | 440/4 | €321 | €5,797 | +€5,476 | +1,707% |
| Taxes, remuneration and social security | 45 | - | €185 | +€185 | |
| Taxes | 450/3 | - | €185 | +€185 | |
| Other amounts payable | 47/48 | - | €1,859 | +€1,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,811 | €7,146 | -€3,665 | -33.9% |
| Other operating charges | 640/8 | €742 | €704 | -€38 | -5.1% |
| Gross operating margin | 9900 | -€24,650 | €11,730 | +€36,380 | |
| Operating profit (loss) | 9901 | -€36,203 | €3,879 | +€40,082 | |
| Financial income | 75/76B | €306 | €515 | +€209 | +68.4% |
| Recurring financial income | 75 | €306 | €515 | +€209 | +68.4% |
| Financial charges | 65/66B | €461 | €481 | +€19 | +4.2% |
| Recurring financial charges | 65 | €461 | €481 | +€19 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,359 | €3,914 | +€40,272 | |
| Income taxes | 67/77 | - | €18 | +€18 | |
| Profit (loss) for the period | 9904 | -€36,359 | €3,896 | +€40,254 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,359 | €3,896 | +€40,254 |
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 22 October 2026 via checked.be.