REDA SERVICES: 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.
REDA SERVICES
Largest movements
- Receivables within one year +€24,588
up €24,588 (+55.3%), from €44,459 to €69,047
of which Trade receivables: +€28,706
- Tangible fixed assets +€13,280
up €13,280 (+159.4%), from €8,333 to €21,613
- Deferred charges and accrued income -€4,816
no longer reported in 2025 (was €4,816)
- Cash +€2,069
new in 2025: €2,069
mainly Depreciation (+€19,140) and Trade debts (+€18,299)
- Trade debts +€18,299
up €18,299 (+159.9%), from €11,445 to €29,745
- Other debts -€16,000
no longer reported in 2025 (was €16,000)
- Debts after one year +€15,983
new in 2025: €15,983
- Current portion of long-term debt +€9,517
new in 2025: €9,517
- Profit (loss) carried forward +€6,447
up €6,447 (+29.0%), from €22,217 to €28,663
- Staff costs +€22,252
up €22,252 (+282.1%), from €7,887 to €30,139
- Gross operating margin +€19,256
up €19,256 (+39.2%), from €49,176 to €68,431
- Depreciation +€10,806
up €10,806 (+129.7%), from €8,333 to €19,140
- Write-downs +€4,100
new in 2025: €4,100
- Other operating charges +€2,738
up €2,738 (+129.9%), from €2,108 to €4,845
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 | €57,609 | €92,729 | +€35,120 | +61.0% |
| Fixed assets | 21/28 | €8,333 | €21,613 | +€13,280 | +159.4% |
| Tangible fixed assets | 22/27 | €8,333 | €21,613 | +€13,280 | +159.4% |
| Furniture and vehicles | 24 | €8,333 | €21,613 | +€13,280 | +159.4% |
| Current assets | 29/58 | €49,275 | €71,116 | +€21,841 | +44.3% |
| Amounts receivable within one year | 40/41 | €44,459 | €69,047 | +€24,588 | +55.3% |
| Trade receivables | 40 | €39,916 | €68,621 | +€28,706 | +71.9% |
| Other amounts receivable | 41 | €4,544 | €426 | -€4,118 | -90.6% |
| Cash at bank and in hand | 54/58 | - | €2,069 | +€2,069 | |
| Deferred charges and accrued income | 490/1 | €4,816 | - | -€4,816 | |
| Total equity and liabilities | 10/49 | €57,609 | €92,729 | +€35,120 | +61.0% |
| Equity | 10/15 | €24,717 | €31,163 | +€6,447 | +26.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,217 | €28,663 | +€6,447 | +29.0% |
| Amounts payable | 17/49 | €32,892 | €61,566 | +€28,674 | +87.2% |
| Amounts payable after more than one year | 17 | - | €15,983 | +€15,983 | |
| Financial debts | 170/4 | - | €15,983 | +€15,983 | |
| Amounts payable within one year | 42/48 | €32,892 | €45,583 | +€12,691 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,517 | +€9,517 | |
| Trade debts | 44 | €11,445 | €29,745 | +€18,299 | +159.9% |
| Suppliers | 440/4 | €11,445 | €29,745 | +€18,299 | +159.9% |
| Taxes, remuneration and social security | 45 | €5,446 | €6,321 | +€875 | +16.1% |
| Taxes | 450/3 | €3,020 | €4,011 | +€991 | +32.8% |
| Remuneration and social security | 454/9 | €2,427 | €2,311 | -€116 | -4.8% |
| Other amounts payable | 47/48 | €16,000 | - | -€16,000 | |
| Remuneration, social security and pensions | 62 | €7,887 | €30,139 | +€22,252 | +282.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €19,140 | +€10,806 | +129.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,100 | +€4,100 | |
| Other operating charges | 640/8 | €2,108 | €4,845 | +€2,738 | +129.9% |
| Gross operating margin | 9900 | €49,176 | €68,431 | +€19,256 | +39.2% |
| Operating profit (loss) | 9901 | €30,848 | €10,207 | -€20,641 | -66.9% |
| Financial income | 75/76B | €41 | €1,117 | +€1,076 | +2637.0% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100.0% |
| Non-recurring financial income | 76B | - | €1,117 | +€1,117 | |
| Financial charges | 65/66B | €296 | €860 | +€564 | +190.9% |
| Recurring financial charges | 65 | €296 | €860 | +€564 | +190.9% |
| Profit (loss) for the period before taxes | 9903 | €30,593 | €10,464 | -€20,129 | -65.8% |
| Income taxes | 67/77 | €4,004 | €4,017 | +€14 | +0.3% |
| Profit (loss) for the period | 9904 | €26,589 | €6,447 | -€20,143 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,589 | €6,447 | -€20,143 | -75.8% |
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 11 October 2026 via checked.be.