REDIVEST: 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.
REDIVEST
Largest movements
- Tangible fixed assets -€88,803
down €88,803 (-4.5%), from €2.0m to €1.9m
- Receivables within one year +€37,287
up €37,287 (+3,545%), from €1,052 to €38,338
- Debts after one year -€98,594
down €98,594 (-3.9%), from €2.5m to €2.4m
- Profit (loss) carried forward +€28,952
up €28,952 (+4.5%), from -€646,446 to -€617,494
- Gross operating margin +€11,054
up €11,054 (+5.2%), from €213,927 to €224,982
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 | €2,017,245 | €1,951,982 | -€65,263 | -3.2% |
| Fixed assets | 21/28 | €1,969,651 | €1,880,848 | -€88,803 | -4.5% |
| Tangible fixed assets | 22/27 | €1,969,651 | €1,880,848 | -€88,803 | -4.5% |
| Land and buildings | 22 | €1,969,651 | €1,880,848 | -€88,803 | -4.5% |
| Current assets | 29/58 | €47,594 | €71,133 | +€23,539 | +49.5% |
| Amounts receivable within one year | 40/41 | €1,052 | €38,338 | +€37,287 | +3,545% |
| Trade receivables | 40 | €1,052 | €38,338 | +€37,287 | +3,545% |
| Cash at bank and in hand | 54/58 | €44,312 | €31,469 | -€12,843 | -29.0% |
| Deferred charges and accrued income | 490/1 | €2,231 | €1,326 | -€905 | -40.6% |
| Total equity and liabilities | 10/49 | €2,017,245 | €1,951,982 | -€65,263 | -3.2% |
| Equity | 10/15 | -€634,044 | -€605,092 | +€28,952 | +4.6% |
| Contributions | 10/11 | €12,402 | €12,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€646,446 | -€617,494 | +€28,952 | +4.5% |
| Amounts payable | 17/49 | €2,651,289 | €2,557,074 | -€94,215 | -3.6% |
| Amounts payable after more than one year | 17 | €2,523,808 | €2,425,214 | -€98,594 | -3.9% |
| Financial debts | 170/4 | €2,523,808 | €2,425,214 | -€98,594 | -3.9% |
| Amounts payable within one year | 42/48 | €126,458 | €130,896 | +€4,438 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €125,194 | €127,692 | +€2,498 | +2.0% |
| Trade debts | 44 | €1,264 | €3,204 | +€1,940 | +153% |
| Suppliers | 440/4 | €1,264 | €3,204 | +€1,940 | +153% |
| Accrued charges and deferred income | 492/3 | €1,022 | €963 | -€59 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,631 | €88,803 | +€172 | +0.2% |
| Other operating charges | 640/8 | €34,186 | €36,366 | +€2,180 | +6.4% |
| Gross operating margin | 9900 | €213,927 | €224,982 | +€11,054 | +5.2% |
| Operating profit (loss) | 9901 | €91,110 | €99,813 | +€8,703 | +9.6% |
| Financial charges | 65/66B | €71,797 | €70,862 | -€935 | -1.3% |
| Recurring financial charges | 65 | €71,797 | €70,862 | -€935 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €19,313 | €28,952 | +€9,638 | +49.9% |
| Profit (loss) for the period | 9904 | €19,313 | €28,952 | +€9,638 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,313 | €28,952 | +€9,638 | +49.9% |
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 15 October 2026 via checked.be.