Redis: 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.
Redis
Largest movements
- Receivables within one year +€24,859
up €24,859 (+3144.9%), from €790 to €25,650
of which Trade receivables: +€21,465
- Cash -€9,394
down €9,394 (-13.5%), from €69,436 to €60,042
mainly Contributions, distributions and other (-€50,905) and Receivables within one year (-€24,859)
- Other debts +€32,869
up €32,869 (+70.0%), from €46,954 to €79,824
- Reserves -€15,909
no longer reported in 2025 (was €15,909)
- Tax, wage and social debts -€3,189
down €3,189 (-32.6%), from €9,774 to €6,585
of which Taxes: -€3,189
- Trade debts +€3,021
up €3,021 (+166.8%), from €1,812 to €4,833
- Gross operating margin +€24,934
up €24,934 (+104.8%), from €23,799 to €48,734
- Taxes +€4,914
up €4,914 (+104.7%), from €4,692 to €9,605
- Other operating charges +€826
up €826 (+75.6%), from €1,093 to €1,918
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 | €79,526 | €96,242 | +€16,717 | +21.0% |
| Fixed assets | 21/28 | €9,152 | €10,022 | +€870 | +9.5% |
| Tangible fixed assets | 22/27 | €9,152 | €10,022 | +€870 | +9.5% |
| Furniture and vehicles | 24 | €9,152 | €10,022 | +€870 | +9.5% |
| Current assets | 29/58 | €70,374 | €86,220 | +€15,847 | +22.5% |
| Amounts receivable within one year | 40/41 | €790 | €25,650 | +€24,859 | +3144.9% |
| Trade receivables | 40 | €482 | €21,947 | +€21,465 | +4453.4% |
| Other amounts receivable | 41 | €308 | €3,703 | +€3,395 | +1100.5% |
| Cash at bank and in hand | 54/58 | €69,436 | €60,042 | -€9,394 | -13.5% |
| Deferred charges and accrued income | 490/1 | €147 | €529 | +€382 | +259.7% |
| Total equity and liabilities | 10/49 | €79,526 | €96,242 | +€16,717 | +21.0% |
| Equity | 10/15 | €20,909 | €5,000 | -€15,909 | -76.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,909 | - | -€15,909 | |
| Distributable reserves | 133 | €15,909 | - | -€15,909 | |
| Amounts payable | 17/49 | €58,616 | €91,242 | +€32,626 | +55.7% |
| Amounts payable within one year | 42/48 | €58,616 | €91,242 | +€32,626 | +55.7% |
| Trade debts | 44 | €1,812 | €4,833 | +€3,021 | +166.8% |
| Suppliers | 440/4 | €1,812 | €4,833 | +€3,021 | +166.8% |
| Advances received on contracts in progress | 46 | €76 | - | -€76 | |
| Taxes, remuneration and social security | 45 | €9,774 | €6,585 | -€3,189 | -32.6% |
| Taxes | 450/3 | €7,654 | €4,465 | -€3,189 | -41.7% |
| Remuneration and social security | 454/9 | €2,120 | €2,120 | = | 0.0% |
| Other amounts payable | 47/48 | €46,954 | €79,824 | +€32,869 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,415 | €1,378 | -€37 | -2.6% |
| Other operating charges | 640/8 | €1,093 | €1,918 | +€826 | +75.6% |
| Gross operating margin | 9900 | €23,799 | €48,734 | +€24,934 | +104.8% |
| Operating profit (loss) | 9901 | €21,291 | €45,437 | +€24,146 | +113.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €691 | €836 | +€145 | +21.0% |
| Recurring financial charges | 65 | €691 | €836 | +€145 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €20,601 | €44,601 | +€24,000 | +116.5% |
| Income taxes | 67/77 | €4,692 | €9,605 | +€4,914 | +104.7% |
| Profit (loss) for the period | 9904 | €15,909 | €34,996 | +€19,087 | +120.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,909 | €34,996 | +€19,087 | +120.0% |
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 6 October 2026 via checked.be.