REDAPKE: 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.
REDAPKE
Largest movements
- Cash +€13,024
up €13,024 (+229.0%), from €5,687 to €18,711
mainly Stocks and contracts (+€10,232) and Tax, wage and social debts (+€3,954)
- Stocks and contracts -€10,232
down €10,232 (-16.8%), from €60,875 to €50,643
- Receivables within one year +€2,130
up €2,130 (+3043.2%), from €70 to €2,200
of which Trade receivables: +€2,130
- Tax, wage and social debts +€3,954
up €3,954 (+153.4%), from €2,577 to €6,532
- Profit (loss) carried forward +€1,564
up €1,564 (+11.6%), from -€13,460 to -€11,896
- Trade debts -€896
down €896 (-26.3%), from €3,407 to €2,511
- Depreciation -€644
down €644 (-100.0%), from €644 to €0
- Gross operating margin -€594
down €594 (-20.1%), from €2,951 to €2,356
- Other operating charges +€282
up €282 (+214.4%), from €132 to €414
- Taxes -€128
down €128 (-100.0%), from €128 to €0
- Financial charges +€30
up €30 (+8.6%), from €349 to €379
of which Financial charges: +€30
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 | €67,082 | €72,005 | +€4,922 | +7.3% |
| Fixed assets | 21/28 | €450 | €450 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €66,632 | €71,555 | +€4,922 | +7.4% |
| Stocks and contracts in progress | 3 | €60,875 | €50,643 | -€10,232 | -16.8% |
| Stocks | 30/36 | €60,875 | €50,643 | -€10,232 | -16.8% |
| Amounts receivable within one year | 40/41 | €70 | €2,200 | +€2,130 | +3043.2% |
| Trade receivables | 40 | €70 | €2,200 | +€2,130 | +3043.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,687 | €18,711 | +€13,024 | +229.0% |
| Total equity and liabilities | 10/49 | €67,082 | €72,005 | +€4,922 | +7.3% |
| Equity | 10/15 | -€10,960 | -€9,396 | +€1,564 | +14.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,460 | -€11,896 | +€1,564 | +11.6% |
| Amounts payable | 17/49 | €78,042 | €81,401 | +€3,359 | +4.3% |
| Amounts payable within one year | 42/48 | €78,042 | €81,401 | +€3,359 | +4.3% |
| Trade debts | 44 | €3,407 | €2,511 | -€896 | -26.3% |
| Suppliers | 440/4 | €3,407 | €2,511 | -€896 | -26.3% |
| Taxes, remuneration and social security | 45 | €2,577 | €6,532 | +€3,954 | +153.4% |
| Taxes | 450/3 | €2,577 | €6,532 | +€3,954 | +153.4% |
| Other amounts payable | 47/48 | €72,058 | €72,358 | +€300 | +0.4% |
| Non-recurring operating income | 76A | €155 | €0 | -€155 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €644 | €0 | -€644 | -100.0% |
| Other operating charges | 640/8 | €132 | €414 | +€282 | +214.4% |
| Gross operating margin | 9900 | €2,951 | €2,356 | -€594 | -20.1% |
| Operating profit (loss) | 9901 | €2,175 | €1,942 | -€233 | -10.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €349 | €379 | +€30 | +8.6% |
| Recurring financial charges | 65 | €349 | €379 | +€30 | +8.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €1,827 | €1,564 | -€263 | -14.4% |
| Income taxes | 67/77 | €128 | €0 | -€128 | -100.0% |
| Profit (loss) for the period | 9904 | €1,699 | €1,564 | -€135 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,699 | €1,564 | -€135 | -7.9% |
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 3 October 2026 via checked.be.