Skip to content

Reddlink: 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.

What changed

Reddlink

BE 0676.461.568
NACE 46.900, Non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€134
2024 · -€16,916+€17,050
Equity
-€2,060
2024 · -€7,335+€5,275
Cash
€1,485
2024 · €26+€1,459
Balance sheet total
€8,863
2024 · €432+€8,430

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets +€6,597

    new in 2025: €6,597

  • Cash +€1,459

    up €1,459 (+5609.9%), from €26 to €1,485

    mainly Other debts (+€5,402) and Contributions, distributions and other (+€5,141)

  • Receivables within one year +€374

    up €374 (+92.1%), from €406 to €781

    of which Trade receivables: +€399

Equity and liabilities
  • Other debts +€5,402

    up €5,402 (+105.1%), from €5,141 to €10,543

  • Contributions +€5,141

    up €5,141 (+82.9%), from €6,200 to €11,341

  • Trade debts -€1,292

    down €1,292 (-77.3%), from €1,672 to €380

  • Tax, wage and social debts -€954

    down €954 (-100.0%), from €954 to €0

  • Profit (loss) carried forward +€134

    up €134 (+1.0%), from -€13,555 to -€13,421

Income statement
  • Gross operating margin +€6,687

    up €6,687, from -€6,030 to €656

  • Other operating charges -€277

    down €277 (-41.7%), from €664 to €387

  • Financial charges -€152

    down €152 (-64.8%), from €235 to €83

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€16,916
Gross operating margin +€6,687
Depreciation -€53
Other operating charges +€277
Other operating items +€9,987
Financial income +€1
Financial charges +€152
Result 2025 €134

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,968
Investment -€6,650
Financing +€5,141
Cash 2024 €26
Net result for the year +€134
Depreciation +€53
Receivables within one year -€374
Trade debts -€1,292
Tax, wage and social debts -€954
Other debts +€5,402
Investment in fixed assets (net) -€6,650
Contributions, distributions and other +€5,141
Cash 2025 €1,485
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €432 €8,863 +€8,430 +1949.5%
Fixed assets 21/28 - €6,597 +€6,597
Intangible fixed assets 21 - €6,597 +€6,597
Current assets 29/58 €432 €2,265 +€1,833 +423.8%
Amounts receivable within one year 40/41 €406 €781 +€374 +92.1%
Trade receivables 40 - €399 +€399
Other amounts receivable 41 €406 €381 -€25 -6.2%
Cash at bank and in hand 54/58 €26 €1,485 +€1,459 +5609.9%
Total equity and liabilities 10/49 €432 €8,863 +€8,430 +1949.5%
Equity 10/15 -€7,335 -€2,060 +€5,275 +71.9%
Contributions 10/11 €6,200 €11,341 +€5,141 +82.9%
Reserves 13 €20 €20 = 0.0%
Non-distributable reserves 130/1 €20 €20 = 0.0%
Reserves not available under the articles 1311 €20 - -€20
Other 1319 - €20 +€20
Profit (loss) carried forward 14 -€13,555 -€13,421 +€134 +1.0%
Amounts payable 17/49 €7,768 €10,923 +€3,155 +40.6%
Amounts payable within one year 42/48 €7,768 €10,923 +€3,155 +40.6%
Trade debts 44 €1,672 €380 -€1,292 -77.3%
Suppliers 440/4 €1,672 €380 -€1,292 -77.3%
Taxes, remuneration and social security 45 €954 €0 -€954 -100.0%
Taxes 450/3 €954 €0 -€954 -100.0%
Other amounts payable 47/48 €5,141 €10,543 +€5,402 +105.1%
Non-recurring operating income 76A - €4,815 +€4,815
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €53 +€53
Other operating charges 640/8 €664 €387 -€277 -41.7%
Non-recurring operating charges 66A €9,987 €0 -€9,987 -100.0%
Gross operating margin 9900 -€6,030 €656 +€6,687
Operating profit (loss) 9901 -€16,681 €216 +€16,898
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €235 €83 -€152 -64.8%
Recurring financial charges 65 €235 €83 -€152 -64.8%
Profit (loss) for the period before taxes 9903 -€16,916 €134 +€17,050
Profit (loss) for the period 9904 -€16,916 €134 +€17,050
Profit (loss) for the period to be appropriated 9905 -€16,916 €134 +€17,050

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.