REDDO GROUP: 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.
REDDO GROUP
Largest movements
- Cash -€89,112
down €89,112 (-88.0%), from €101,265 to €12,153
mainly Contributions, distributions and other (-€88,000) and Receivables within one year (-€55,883)
- Receivables within one year +€55,883
up €55,883 (+84.2%), from €66,345 to €122,228
of which Trade receivables: +€70,472
- Reserves -€89,613
down €89,613 (-74.6%), from €120,146 to €30,532
of which Distributable reserves: -€89,613
- Profit (loss) carried forward +€29,901
up €29,901, from -€29,901 to €0
- Trade debts +€14,195
up €14,195 (+52.9%), from €26,813 to €41,008
- Tax, wage and social debts +€14,087
up €14,087 (+138.9%), from €10,142 to €24,229
- Other debts -€3,244
down €3,244 (-9.0%), from €36,122 to €32,878
- Gross operating margin +€57,365
up €57,365, from -€16,708 to €40,657
- Taxes +€7,462
up €7,462 (+212.3%), from €3,514 to €10,977
- Depreciation -€1,067
down €1,067 (-55.5%), from €1,920 to €854
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 | €174,722 | €140,100 | -€34,621 | -19.8% |
| Fixed assets | 21/28 | €6,336 | €5,719 | -€617 | -9.7% |
| Tangible fixed assets | 22/27 | €5,350 | €4,733 | -€617 | -11.5% |
| Plant, machinery and equipment | 23 | €1,101 | €3,983 | +€2,882 | +261.7% |
| Furniture and vehicles | 24 | €3,391 | €0 | -€3,391 | -100.0% |
| Other tangible fixed assets | 26 | €857 | €750 | -€107 | -12.5% |
| Financial fixed assets | 28 | €986 | €986 | = | 0.0% |
| Current assets | 29/58 | €168,386 | €134,381 | -€34,004 | -20.2% |
| Amounts receivable within one year | 40/41 | €66,345 | €122,228 | +€55,883 | +84.2% |
| Trade receivables | 40 | €51,699 | €122,171 | +€70,472 | +136.3% |
| Other amounts receivable | 41 | €14,646 | €57 | -€14,589 | -99.6% |
| Cash at bank and in hand | 54/58 | €101,265 | €12,153 | -€89,112 | -88.0% |
| Deferred charges and accrued income | 490/1 | €776 | €0 | -€776 | -100.0% |
| Total equity and liabilities | 10/49 | €174,722 | €140,100 | -€34,621 | -19.8% |
| Equity | 10/15 | €101,644 | €41,932 | -€59,712 | -58.7% |
| Contributions | 10/11 | €11,400 | €11,400 | = | 0.0% |
| Reserves | 13 | €120,146 | €30,532 | -€89,613 | -74.6% |
| Non-distributable reserves | 130/1 | €1,146 | €1,146 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,146 | - | -€1,146 | |
| Other | 1319 | - | €1,146 | +€1,146 | |
| Distributable reserves | 133 | €119,000 | €29,387 | -€89,613 | -75.3% |
| Profit (loss) carried forward | 14 | -€29,901 | €0 | +€29,901 | |
| Amounts payable | 17/49 | €73,077 | €98,168 | +€25,091 | +34.3% |
| Amounts payable within one year | 42/48 | €73,077 | €98,168 | +€25,091 | +34.3% |
| Financial debts | 43 | - | €53 | +€53 | |
| Credit institutions | 430/8 | - | €53 | +€53 | |
| Trade debts | 44 | €26,813 | €41,008 | +€14,195 | +52.9% |
| Suppliers | 440/4 | €26,813 | €41,008 | +€14,195 | +52.9% |
| Taxes, remuneration and social security | 45 | €10,142 | €24,229 | +€14,087 | +138.9% |
| Taxes | 450/3 | €10,142 | €24,229 | +€14,087 | +138.9% |
| Other amounts payable | 47/48 | €36,122 | €32,878 | -€3,244 | -9.0% |
| Non-recurring operating income | 76A | - | €2,108 | +€2,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,920 | €854 | -€1,067 | -55.5% |
| Other operating charges | 640/8 | €1,327 | €957 | -€371 | -27.9% |
| Gross operating margin | 9900 | -€16,708 | €40,657 | +€57,365 | |
| Operating profit (loss) | 9901 | -€19,956 | €38,847 | +€58,803 | |
| Financial income | 75/76B | €1,018 | €790 | -€228 | -22.4% |
| Recurring financial income | 75 | €1,018 | €790 | -€228 | -22.4% |
| Financial charges | 65/66B | €307 | €372 | +€64 | +21.0% |
| Recurring financial charges | 65 | €307 | €372 | +€64 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,245 | €39,265 | +€58,510 | |
| Income taxes | 67/77 | €3,514 | €10,977 | +€7,462 | +212.3% |
| Profit (loss) for the period | 9904 | -€22,760 | €28,288 | +€51,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,760 | €28,288 | +€51,048 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.