REANT: 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.
REANT
Largest movements
- Receivables within one year -€48,570
down €48,570 (-30.7%), from €158,346 to €109,776
of which Trade receivables: -€48,570
- Cash -€34,821
down €34,821 (-95.3%), from €36,536 to €1,715
mainly Other debts (-€121,470) and Tax, wage and social debts (-€7,628)
- Other debts -€121,470
down €121,470 (-16.7%), from €725,454 to €603,984
- Reserves +€26,332
up €26,332 (+17.1%), from €153,997 to €180,328
- Staff costs -€69,950
down €69,950 (-47.0%), from €148,892 to €78,943
- Gross operating margin -€13,664
down €13,664 (-8.8%), from €155,248 to €141,584
- Write-downs +€12,000
new in 2025: €12,000
- Taxes +€10,947
up €10,947 (+3105.4%), from €353 to €11,299
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 | €997,860 | €901,637 | -€96,223 | -9.6% |
| Fixed assets | 21/28 | €785,841 | €776,871 | -€8,970 | -1.1% |
| Tangible fixed assets | 22/27 | €101,081 | €92,111 | -€8,970 | -8.9% |
| Land and buildings | 22 | €71,877 | €67,954 | -€3,922 | -5.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €29,205 | €24,157 | -€5,048 | -17.3% |
| Financial fixed assets | 28 | €684,760 | €684,760 | = | 0.0% |
| Current assets | 29/58 | €212,018 | €124,766 | -€87,252 | -41.2% |
| Amounts receivable within one year | 40/41 | €158,346 | €109,776 | -€48,570 | -30.7% |
| Trade receivables | 40 | €125,346 | €76,776 | -€48,570 | -38.7% |
| Other amounts receivable | 41 | €33,000 | €33,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,536 | €1,715 | -€34,821 | -95.3% |
| Deferred charges and accrued income | 490/1 | €17,136 | €13,275 | -€3,861 | -22.5% |
| Total equity and liabilities | 10/49 | €997,860 | €901,637 | -€96,223 | -9.6% |
| Equity | 10/15 | €174,138 | €200,470 | +€26,332 | +15.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €153,997 | €180,328 | +€26,332 | +17.1% |
| Distributable reserves | 133 | €153,997 | €180,328 | +€26,332 | +17.1% |
| Profit (loss) carried forward | 14 | €141 | €141 | = | 0.0% |
| Amounts payable | 17/49 | €823,722 | €701,167 | -€122,555 | -14.9% |
| Amounts payable after more than one year | 17 | €46,527 | €44,179 | -€2,347 | -5.0% |
| Financial debts | 170/4 | €46,527 | €43,579 | -€2,947 | -6.3% |
| Other amounts payable | 178/9 | - | €600 | +€600 | |
| Amounts payable within one year | 42/48 | €777,195 | €650,238 | -€126,957 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €2,895 | €2,947 | +€53 | +1.8% |
| Trade debts | 44 | €10,180 | €12,267 | +€2,087 | +20.5% |
| Suppliers | 440/4 | €10,180 | €12,267 | +€2,087 | +20.5% |
| Taxes, remuneration and social security | 45 | €38,667 | €31,039 | -€7,628 | -19.7% |
| Taxes | 450/3 | €25,280 | €22,489 | -€2,791 | -11.0% |
| Remuneration and social security | 454/9 | €13,387 | €8,551 | -€4,837 | -36.1% |
| Other amounts payable | 47/48 | €725,454 | €603,984 | -€121,470 | -16.7% |
| Accrued charges and deferred income | 492/3 | - | €6,750 | +€6,750 | |
| Remuneration, social security and pensions | 62 | €148,892 | €78,943 | -€69,950 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,831 | €9,394 | +€563 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,000 | +€12,000 | |
| Other operating charges | 640/8 | €3,074 | €2,130 | -€943 | -30.7% |
| Gross operating margin | 9900 | €155,248 | €141,584 | -€13,664 | -8.8% |
| Operating profit (loss) | 9901 | -€5,549 | €39,118 | +€44,666 | |
| Financial income | 75/76B | €78 | €34 | -€44 | -56.8% |
| Recurring financial income | 75 | €78 | €34 | -€44 | -56.8% |
| Financial charges | 65/66B | €1,350 | €1,520 | +€171 | +12.6% |
| Recurring financial charges | 65 | €1,350 | €1,520 | +€171 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,820 | €37,631 | +€44,452 | |
| Income taxes | 67/77 | €353 | €11,299 | +€10,947 | +3105.4% |
| Profit (loss) for the period | 9904 | -€7,173 | €26,332 | +€33,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,173 | €26,332 | +€33,505 |
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 9 October 2026 via checked.be.