Red All Belgium: what changed
What changed
Red All Belgium
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
-€19,477
2024 · -€29,748+€10,271
Equity
€110,379
2024 · €229,856-€119,477
Cash
€1,151
2024 · €391+€760
Balance sheet total
€215,601
2024 · €274,366-€58,764
Largest movements
Assets
- Current investments -€54,048
down €54,048 (-20.7%), from €261,659 to €207,611
- Tangible fixed assets -€5,022
down €5,022 (-63.3%), from €7,929 to €2,907
of which Furniture and vehicles: -€2,818
Equity and liabilities
- Reserves -€119,000
down €119,000 (-58.3%), from €204,250 to €85,250
- Other debts +€64,250
up €64,250 (+180%), from €35,750 to €100,000
Income statement
- Purchases and services -€22,794
down €22,794 (-57.1%), from €39,909 to €17,115
- Gross operating margin +€13,843
up €13,843 (+47.5%), from -€29,114 to -€15,272
- Financial income -€3,563
down €3,563 (-68.2%), from €5,225 to €1,662
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€29,748
Gross operating margin
+€13,843
Other operating charges
-€19
Financial income
-€3,563
Financial charges
+€12
Taxes
-€2
Result 2025
-€19,477
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€47,648
Investment
+€54,048
Financing
-€100,936
Cash 2024
€391
From operations (derived)
+€47,648
Net result for the year
-€19,477
Depreciation
+€5,022
Receivables within one year
+€457
Deferred charges and accrued income
-€3
Trade debts
-€1,921
Tax, wage and social debts
-€680
Other debts
+€64,250
Investment (derived)
+€54,048
Current investments
+€54,048
Financing
-€100,936
Short-term financial debts
-€936
Contributions, distributions and other
-€100,000
Cash 2025
€1,151
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,366 | €215,601 | -€58,764 | -21.4% |
| Fixed assets | 21/28 | €7,929 | €2,907 | -€5,022 | -63.3% |
| Tangible fixed assets | 22/27 | €7,929 | €2,907 | -€5,022 | -63.3% |
| Furniture and vehicles | 24 | €3,520 | €703 | -€2,818 | -80.0% |
| Other tangible fixed assets | 26 | €4,409 | €2,204 | -€2,204 | -50.0% |
| Current assets | 29/58 | €266,437 | €212,695 | -€53,742 | -20.2% |
| Amounts receivable within one year | 40/41 | €900 | €442 | -€457 | -50.8% |
| Other amounts receivable | 41 | €900 | €442 | -€457 | -50.8% |
| Current investments | 50/53 | €261,659 | €207,611 | -€54,048 | -20.7% |
| Cash at bank and in hand | 54/58 | €391 | €1,151 | +€760 | +194% |
| Deferred charges and accrued income | 490/1 | €3,487 | €3,491 | +€3 | +0.1% |
| Total equity and liabilities | 10/49 | €274,366 | €215,601 | -€58,764 | -21.4% |
| Equity | 10/15 | €229,856 | €110,379 | -€119,477 | -52.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €204,250 | €85,250 | -€119,000 | -58.3% |
| Distributable reserves | 133 | €204,250 | €85,250 | -€119,000 | -58.3% |
| Profit (loss) carried forward | 14 | €606 | €129 | -€477 | -78.7% |
| Amounts payable | 17/49 | €44,509 | €105,222 | +€60,713 | +136% |
| Amounts payable within one year | 42/48 | €44,509 | €105,222 | +€60,713 | +136% |
| Financial debts | 43 | €936 | - | -€936 | |
| Credit institutions | 430/8 | €936 | - | -€936 | |
| Trade debts | 44 | €7,143 | €5,222 | -€1,921 | -26.9% |
| Suppliers | 440/4 | €7,143 | €5,222 | -€1,921 | -26.9% |
| Taxes, remuneration and social security | 45 | €680 | - | -€680 | |
| Taxes | 450/3 | €680 | - | -€680 | |
| Other amounts payable | 47/48 | €35,750 | €100,000 | +€64,250 | +180% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,909 | €17,115 | -€22,794 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,022 | €5,022 | = | 0.0% |
| Other operating charges | 640/8 | €688 | €707 | +€19 | +2.8% |
| Gross operating margin | 9900 | -€29,114 | -€15,272 | +€13,843 | +47.5% |
| Operating profit (loss) | 9901 | -€34,824 | -€21,000 | +€13,824 | +39.7% |
| Financial income | 75/76B | €5,225 | €1,662 | -€3,563 | -68.2% |
| Recurring financial income | 75 | €5,225 | €1,662 | -€3,563 | -68.2% |
| Financial charges | 65/66B | €95 | €82 | -€12 | -13.2% |
| Recurring financial charges | 65 | €95 | €82 | -€12 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€29,694 | -€19,421 | +€10,273 | +34.6% |
| Income taxes | 67/77 | €54 | €56 | +€2 | +3.1% |
| Profit (loss) for the period | 9904 | -€29,748 | -€19,477 | +€10,271 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,748 | -€19,477 | +€10,271 | +34.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.