REDDING REAL ESTATE: 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.
REDDING REAL ESTATE
Largest movements
- Receivables within one year +€402,129
up €402,129 (+25.7%), from €1.6m to €2.0m
of which Other amounts receivable: +€399,329
- Cash -€84,564
down €84,564 (-74.9%), from €112,841 to €28,277
mainly Receivables within one year (-€402,129) and Deferred charges and accrued income (-€4,022)
- Reserves +€267,695
up €267,695 (+22.6%), from €1.2m to €1.5m
of which Distributable reserves: +€267,695
- Trade debts +€38,705
up €38,705 (+488%), from €7,935 to €46,640
- Gross operating margin +€23,124
up €23,124 (+7.1%), from €323,649 to €346,773
- Taxes +€10,400
up €10,400 (+12.0%), from €87,000 to €97,400
- Financial income +€8,940
up €8,940 (+10.4%), from €85,904 to €94,845
- Financial charges -€8,688
down €8,688 (-31.4%), from €27,668 to €18,981
- Other operating charges -€7,518
down €7,518 (-12.2%), from €61,496 to €53,978
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.
Derived cash bridge
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 | €1,940,805 | €2,258,828 | +€318,024 | +16.4% |
| Fixed assets | 21/28 | €263,767 | €260,203 | -€3,564 | -1.4% |
| Tangible fixed assets | 22/27 | €263,767 | €260,203 | -€3,564 | -1.4% |
| Land and buildings | 22 | €263,767 | €260,203 | -€3,564 | -1.4% |
| Current assets | 29/58 | €1,677,038 | €1,998,625 | +€321,588 | +19.2% |
| Amounts receivable within one year | 40/41 | €1,563,816 | €1,965,946 | +€402,129 | +25.7% |
| Trade receivables | 40 | - | €2,800 | +€2,800 | |
| Other amounts receivable | 41 | €1,563,816 | €1,963,146 | +€399,329 | +25.5% |
| Cash at bank and in hand | 54/58 | €112,841 | €28,277 | -€84,564 | -74.9% |
| Deferred charges and accrued income | 490/1 | €381 | €4,403 | +€4,022 | +1,057% |
| Total equity and liabilities | 10/49 | €1,940,805 | €2,258,828 | +€318,024 | +16.4% |
| Equity | 10/15 | €1,243,968 | €1,511,663 | +€267,695 | +21.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,182,468 | €1,450,163 | +€267,695 | +22.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,316 | €16,316 | = | 0.0% |
| Distributable reserves | 133 | €1,160,003 | €1,427,698 | +€267,695 | +23.1% |
| Amounts payable | 17/49 | €696,836 | €747,165 | +€50,329 | +7.2% |
| Amounts payable after more than one year | 17 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €665,458 | €715,537 | +€50,079 | +7.5% |
| Financial debts | 43 | €484,124 | €484,497 | +€374 | +0.1% |
| Credit institutions | 430/8 | €484,124 | €484,497 | +€374 | +0.1% |
| Trade debts | 44 | €7,935 | €46,640 | +€38,705 | +488% |
| Suppliers | 440/4 | €7,935 | €46,640 | +€38,705 | +488% |
| Taxes, remuneration and social security | 45 | €173,400 | €184,400 | +€11,000 | +6.3% |
| Taxes | 450/3 | €173,400 | €184,400 | +€11,000 | +6.3% |
| Accrued charges and deferred income | 492/3 | €28,978 | €29,228 | +€250 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,991 | €3,564 | -€427 | -10.7% |
| Other operating charges | 640/8 | €61,496 | €53,978 | -€7,518 | -12.2% |
| Gross operating margin | 9900 | €323,649 | €346,773 | +€23,124 | +7.1% |
| Operating profit (loss) | 9901 | €258,162 | €289,231 | +€31,069 | +12.0% |
| Financial income | 75/76B | €85,904 | €94,845 | +€8,940 | +10.4% |
| Recurring financial income | 75 | €85,904 | €94,845 | +€8,940 | +10.4% |
| Financial charges | 65/66B | €27,668 | €18,981 | -€8,688 | -31.4% |
| Recurring financial charges | 65 | €27,668 | €18,981 | -€8,688 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €316,398 | €365,095 | +€48,697 | +15.4% |
| Income taxes | 67/77 | €87,000 | €97,400 | +€10,400 | +12.0% |
| Profit (loss) for the period | 9904 | €229,398 | €267,695 | +€38,297 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €229,398 | €267,695 | +€38,297 | +16.7% |
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 29 October 2026 via checked.be.