Reanova: 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.
Reanova
Largest movements
- Stocks and contracts +€1.7m
up €1.7m (+151%), from €1.1m to €2.8m
- Receivables within one year -€172,150
down €172,150 (-100%), from €172,150 to €0
of which Trade receivables: -€100,150
- Cash -€49,558
down €49,558 (-67.4%), from €73,500 to €23,942
mainly Stocks and contracts (-€1.7m) and Other debts (-€1.3m)
- Receivables after one year +€44,000
up €44,000 (+9.0%), from €491,000 to €535,000
of which Other amounts receivable: +€535,000
- Short-term financial debts +€1.4m
new in 2025: €1.4m
- Debts after one year +€1.3m
up €1.3m (+597%), from €210,423 to €1.5m
- Other debts -€1.3m
down €1.3m (-98.1%), from €1.3m to €24,514
- Current portion of long-term debt +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€52,776
down €52,776 (-52.9%), from €99,675 to €46,899
- Financial charges +€47,104
up €47,104 (+2,860%), from €1,647 to €48,751
- Gross operating margin +€15,528
up €15,528, from -€11,648 to €3,881
- Other operating charges +€7,753
up €7,753 (+5,054%), from €153 to €7,906
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 | €1,853,590 | €3,355,476 | +€1.5m | +81.0% |
| Fixed assets | 21/28 | €4,250 | €8,250 | +€4,000 | +94.1% |
| Financial fixed assets | 28 | €4,250 | €8,250 | +€4,000 | +94.1% |
| Current assets | 29/58 | €1,849,340 | €3,347,226 | +€1.5m | +81.0% |
| Amounts receivable after more than one year | 29 | €491,000 | €535,000 | +€44,000 | +9.0% |
| Trade receivables | 290 | €491,000 | €0 | -€491,000 | -100% |
| Other amounts receivable | 291 | - | €535,000 | +€535,000 | |
| Stocks and contracts in progress | 3 | €1,111,850 | €2,785,280 | +€1.7m | +151% |
| Stocks | 30/36 | €1,111,850 | €2,785,280 | +€1.7m | +151% |
| Amounts receivable within one year | 40/41 | €172,150 | €0 | -€172,150 | -100% |
| Trade receivables | 40 | €100,150 | €0 | -€100,150 | -100% |
| Other amounts receivable | 41 | €72,000 | €0 | -€72,000 | -100% |
| Cash at bank and in hand | 54/58 | €73,500 | €23,942 | -€49,558 | -67.4% |
| Deferred charges and accrued income | 490/1 | €840 | €3,004 | +€2,164 | +258% |
| Total equity and liabilities | 10/49 | €1,853,590 | €3,355,476 | +€1.5m | +81.0% |
| Equity | 10/15 | €329,675 | €276,899 | -€52,776 | -16.0% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,675 | €46,899 | -€52,776 | -52.9% |
| Amounts payable | 17/49 | €1,523,915 | €3,078,577 | +€1.6m | +102% |
| Amounts payable after more than one year | 17 | €210,423 | €1,465,850 | +€1.3m | +597% |
| Financial debts | 170/4 | €210,423 | €1,465,850 | +€1.3m | +597% |
| Amounts payable within one year | 42/48 | €1,313,492 | €1,612,727 | +€299,236 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | - | €200,000 | +€200,000 | |
| Financial debts | 43 | - | €1,386,500 | +€1.4m | |
| Credit institutions | 430/8 | - | €1,386,500 | +€1.4m | |
| Trade debts | 44 | €36,065 | €393 | -€35,671 | -98.9% |
| Suppliers | 440/4 | €36,065 | €393 | -€35,671 | -98.9% |
| Taxes, remuneration and social security | 45 | - | €1,320 | +€1,320 | |
| Taxes | 450/3 | - | €1,320 | +€1,320 | |
| Other amounts payable | 47/48 | €1,277,427 | €24,514 | -€1.3m | -98.1% |
| Other operating charges | 640/8 | €153 | €7,906 | +€7,753 | +5,054% |
| Gross operating margin | 9900 | -€11,648 | €3,881 | +€15,528 | |
| Operating profit (loss) | 9901 | -€11,801 | -€4,025 | +€7,776 | +65.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,647 | €48,751 | +€47,104 | +2,860% |
| Recurring financial charges | 65 | €1,647 | €48,751 | +€47,104 | +2,860% |
| Profit (loss) for the period before taxes | 9903 | -€13,448 | -€52,776 | -€39,329 | -292% |
| Profit (loss) for the period | 9904 | -€13,448 | -€52,776 | -€39,329 | -292% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,448 | -€52,776 | -€39,329 | -292% |
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 17 October 2026 via checked.be.