REANDA: 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.
What changed
REANDA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,732
2024 · €11,559-€4,827
Equity
€2.0m
2024 · €2.0m+€6,732
Cash
€9,145
2024 · €24,258-€15,113
Balance sheet total
€2.2m
2024 · €2.2m+€16,964
Largest movements
Assets
- Receivables within one year +€37,200
up €37,200 (+2.3%), from €1.6m to €1.7m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€47,648
down €47,648 (-3.6%), from €1.3m to €1.3m
- Staff costs -€33,281
down €33,281 (-2.6%), from €1.3m to €1.2m
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.
Result 2024
€11,559
Gross operating margin
-€47,648
Staff costs
+€33,281
Depreciation
+€5,412
Other operating charges
-€432
Financial income
+€3,264
Financial charges
+€199
Taxes
+€1,097
Result 2025
€6,732
raises the resultlowers the result
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.
From operations
-€19,902
Investment
+€4,789
Financing
€0
Cash 2024
€24,258
From operations (derived)
-€19,902
Net result for the year
+€6,732
Depreciation
+€334
Receivables within one year
-€37,200
Trade debts
-€545
Tax, wage and social debts
+€10,776
Investment (derived)
+€4,789
Investment in fixed assets (net)
+€4,789
Cash 2025
€9,145
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,196,272 | €2,213,236 | +€16,964 | +0.8% |
| Fixed assets | 21/28 | €528,152 | €523,029 | -€5,123 | -1.0% |
| Tangible fixed assets | 22/27 | €528,152 | €523,029 | -€5,123 | -1.0% |
| Land and buildings | 22 | €523,029 | €523,029 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €5,123 | €0 | -€5,123 | -100.0% |
| Current assets | 29/58 | €1,668,121 | €1,690,207 | +€22,087 | +1.3% |
| Amounts receivable within one year | 40/41 | €1,643,863 | €1,681,063 | +€37,200 | +2.3% |
| Trade receivables | 40 | €1,643,863 | €1,681,063 | +€37,200 | +2.3% |
| Cash at bank and in hand | 54/58 | €24,258 | €9,145 | -€15,113 | -62.3% |
| Total equity and liabilities | 10/49 | €2,196,272 | €2,213,236 | +€16,964 | +0.8% |
| Equity | 10/15 | €2,020,877 | €2,027,609 | +€6,732 | +0.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,958,377 | €1,965,109 | +€6,732 | +0.3% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €1,943,503 | €1,950,236 | +€6,732 | +0.3% |
| Amounts payable | 17/49 | €175,395 | €185,627 | +€10,232 | +5.8% |
| Amounts payable within one year | 42/48 | €175,395 | €185,627 | +€10,232 | +5.8% |
| Trade debts | 44 | €3,468 | €2,923 | -€545 | -15.7% |
| Suppliers | 440/4 | €3,468 | €2,923 | -€545 | -15.7% |
| Taxes, remuneration and social security | 45 | €171,927 | €182,703 | +€10,776 | +6.3% |
| Taxes | 450/3 | €74,039 | €77,154 | +€3,115 | +4.2% |
| Remuneration and social security | 454/9 | €97,888 | €105,549 | +€7,661 | +7.8% |
| Remuneration, social security and pensions | 62 | €1,272,886 | €1,239,605 | -€33,281 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,746 | €334 | -€5,412 | -94.2% |
| Other operating charges | 640/8 | €25,512 | €25,944 | +€432 | +1.7% |
| Gross operating margin | 9900 | €1,322,638 | €1,274,990 | -€47,648 | -3.6% |
| Operating profit (loss) | 9901 | €18,494 | €9,107 | -€9,387 | -50.8% |
| Financial income | 75/76B | - | €3,264 | +€3,264 | |
| Recurring financial income | 75 | - | €3,264 | +€3,264 | |
| Financial charges | 65/66B | €329 | €129 | -€199 | -60.6% |
| Recurring financial charges | 65 | €329 | €129 | -€199 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €18,166 | €12,242 | -€5,924 | -32.6% |
| Income taxes | 67/77 | €6,606 | €5,510 | -€1,097 | -16.6% |
| Profit (loss) for the period | 9904 | €11,559 | €6,732 | -€4,827 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,559 | €6,732 | -€4,827 | -41.8% |
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 14 October 2026 via checked.be.