REAS: 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.
REAS
Largest movements
- Tangible fixed assets +€12,179
up €12,179 (+80.7%), from €15,092 to €27,271
of which Furniture and vehicles: +€13,751
- Cash +€3,606
up €3,606 (+1025.0%), from €352 to €3,958
mainly Other debts (+€14,364) and Depreciation (+€3,291)
- Other debts +€14,364
up €14,364 (+47.9%), from €30,015 to €44,379
- Profit (loss) carried forward +€2,431
up €2,431 (+9.1%), from -€26,737 to -€24,305
- Trade debts -€1,810
down €1,810 (-42.1%), from €4,296 to €2,486
- Tax, wage and social debts +€800
up €800 (+13.6%), from €5,869 to €6,670
- Gross operating margin +€16,890
up €16,890, from -€9,341 to €7,550
- Depreciation +€2,666
up €2,666 (+426.8%), from €625 to €3,291
- Staff costs -€1,563
down €1,563 (-88.5%), from €1,766 to €203
- Other operating charges -€1,113
down €1,113 (-52.3%), from €2,127 to €1,014
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 | €15,443 | €31,229 | +€15,785 | +102.2% |
| Fixed assets | 21/28 | €15,092 | €27,271 | +€12,179 | +80.7% |
| Tangible fixed assets | 22/27 | €15,092 | €27,271 | +€12,179 | +80.7% |
| Furniture and vehicles | 24 | - | €13,751 | +€13,751 | |
| Other tangible fixed assets | 26 | €15,092 | €13,520 | -€1,572 | -10.4% |
| Current assets | 29/58 | €352 | €3,958 | +€3,606 | +1025.0% |
| Cash at bank and in hand | 54/58 | €352 | €3,958 | +€3,606 | +1025.0% |
| Total equity and liabilities | 10/49 | €15,443 | €31,229 | +€15,785 | +102.2% |
| Equity | 10/15 | -€24,737 | -€22,305 | +€2,431 | +9.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,737 | -€24,305 | +€2,431 | +9.1% |
| Amounts payable | 17/49 | €40,180 | €53,534 | +€13,354 | +33.2% |
| Amounts payable within one year | 42/48 | €40,180 | €53,534 | +€13,354 | +33.2% |
| Trade debts | 44 | €4,296 | €2,486 | -€1,810 | -42.1% |
| Suppliers | 440/4 | €4,296 | €2,486 | -€1,810 | -42.1% |
| Taxes, remuneration and social security | 45 | €5,869 | €6,670 | +€800 | +13.6% |
| Taxes | 450/3 | €5,869 | €6,670 | +€800 | +13.6% |
| Other amounts payable | 47/48 | €30,015 | €44,379 | +€14,364 | +47.9% |
| Remuneration, social security and pensions | 62 | €1,766 | €203 | -€1,563 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €3,291 | +€2,666 | +426.8% |
| Other operating charges | 640/8 | €2,127 | €1,014 | -€1,113 | -52.3% |
| Gross operating margin | 9900 | -€9,341 | €7,550 | +€16,890 | |
| Operating profit (loss) | 9901 | -€13,859 | €3,042 | +€16,900 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €458 | €491 | +€33 | +7.2% |
| Recurring financial charges | 65 | €458 | €491 | +€33 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,317 | €2,552 | +€16,869 | |
| Income taxes | 67/77 | €180 | €120 | -€59 | -32.9% |
| Profit (loss) for the period | 9904 | -€14,496 | €2,431 | +€16,928 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,496 | €2,431 | +€16,928 |
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 5 October 2026 via checked.be.