RealSted: 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.
RealSted
Largest movements
- Cash -€190,483
down €190,483 (-62.1%), from €306,866 to €116,383
mainly Contributions, distributions and other (-€156,757) and Receivables within one year (-€136,712)
- Receivables within one year +€136,712
up €136,712 (+1071.8%), from €12,756 to €149,468
of which Trade receivables: +€137,109
- Tangible fixed assets +€16,850
up €16,850 (+95.1%), from €17,718 to €34,568
of which Furniture and vehicles: +€15,435
- Tax, wage and social debts -€25,153
down €25,153 (-40.2%), from €62,597 to €37,444
of which Taxes: -€25,153
- Other debts -€23,971
down €23,971 (-14.6%), from €163,734 to €139,763
- Accrued charges and deferred income +€7,017
up €7,017 (+558.7%), from €1,256 to €8,273
- Reserves +€4,315
up €4,315 (+2.8%), from €156,757 to €161,073
- Gross operating margin +€21,058
up €21,058 (+10.1%), from €209,192 to €230,250
- Financial charges +€8,281
up €8,281 (+2219.5%), from €373 to €8,654
- Depreciation +€7,012
up €7,012 (+432.6%), from €1,621 to €8,633
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 | €387,339 | €350,760 | -€36,580 | -9.4% |
| Fixed assets | 21/28 | €17,718 | €34,568 | +€16,850 | +95.1% |
| Tangible fixed assets | 22/27 | €17,718 | €34,568 | +€16,850 | +95.1% |
| Land and buildings | 22 | €3,093 | €4,509 | +€1,416 | +45.8% |
| Furniture and vehicles | 24 | €14,624 | €30,059 | +€15,435 | +105.5% |
| Current assets | 29/58 | €369,622 | €316,192 | -€53,430 | -14.5% |
| Amounts receivable within one year | 40/41 | €12,756 | €149,468 | +€136,712 | +1071.8% |
| Trade receivables | 40 | €12,359 | €149,468 | +€137,109 | +1109.4% |
| Other amounts receivable | 41 | €397 | €0 | -€397 | -100.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €306,866 | €116,383 | -€190,483 | -62.1% |
| Deferred charges and accrued income | 490/1 | - | €341 | +€341 | |
| Total equity and liabilities | 10/49 | €387,339 | €350,760 | -€36,580 | -9.4% |
| Equity | 10/15 | €159,257 | €163,573 | +€4,315 | +2.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €156,757 | €161,073 | +€4,315 | +2.8% |
| Distributable reserves | 133 | €156,757 | €161,073 | +€4,315 | +2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €228,082 | €187,187 | -€40,895 | -17.9% |
| Amounts payable within one year | 42/48 | €226,826 | €178,914 | -€47,912 | -21.1% |
| Trade debts | 44 | €495 | €1,707 | +€1,212 | +244.8% |
| Suppliers | 440/4 | €495 | €1,707 | +€1,212 | +244.8% |
| Taxes, remuneration and social security | 45 | €62,597 | €37,444 | -€25,153 | -40.2% |
| Taxes | 450/3 | €60,097 | €34,944 | -€25,153 | -41.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €163,734 | €139,763 | -€23,971 | -14.6% |
| Accrued charges and deferred income | 492/3 | €1,256 | €8,273 | +€7,017 | +558.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,621 | €8,633 | +€7,012 | +432.6% |
| Other operating charges | 640/8 | €837 | €1,062 | +€225 | +26.8% |
| Gross operating margin | 9900 | €209,192 | €230,250 | +€21,058 | +10.1% |
| Operating profit (loss) | 9901 | €206,734 | €220,555 | +€13,821 | +6.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €373 | €8,654 | +€8,281 | +2219.5% |
| Recurring financial charges | 65 | €373 | €8,654 | +€8,281 | +2219.5% |
| Profit (loss) for the period before taxes | 9903 | €206,361 | €211,904 | +€5,544 | +2.7% |
| Income taxes | 67/77 | €49,603 | €50,832 | +€1,228 | +2.5% |
| Profit (loss) for the period | 9904 | €156,757 | €161,073 | +€4,315 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €156,757 | €161,073 | +€4,315 | +2.8% |
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.