REDKETT: 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.
REDKETT
Largest movements
- Receivables within one year +€30,196
new in 2025: €30,196
of which Trade receivables: +€29,385
- Cash +€27,820
up €27,820 (+33.7%), from €82,443 to €110,263
mainly Net result for the year (+€89,934) and Trade debts (+€4,391)
- Tangible fixed assets +€6,950
new in 2025: €6,950
- Reserves +€89,934
up €89,934 (+355%), from €25,352 to €115,287
- Tax, wage and social debts -€28,727
down €28,727 (-73.0%), from €39,348 to €10,622
- Trade debts +€4,391
up €4,391 (+131%), from €3,351 to €7,742
- Gross operating margin +€84,494
up €84,494 (+256%), from €32,962 to €117,456
- Taxes +€17,521
up €17,521 (+263%), from €6,668 to €24,190
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 | €83,789 | €148,823 | +€65,034 | +77.6% |
| Fixed assets | 21/28 | - | €6,950 | +€6,950 | |
| Tangible fixed assets | 22/27 | - | €6,950 | +€6,950 | |
| Furniture and vehicles | 24 | - | €6,950 | +€6,950 | |
| Current assets | 29/58 | €83,789 | €141,873 | +€58,084 | +69.3% |
| Amounts receivable within one year | 40/41 | - | €30,196 | +€30,196 | |
| Trade receivables | 40 | - | €29,385 | +€29,385 | |
| Other amounts receivable | 41 | - | €810 | +€810 | |
| Cash at bank and in hand | 54/58 | €82,443 | €110,263 | +€27,820 | +33.7% |
| Deferred charges and accrued income | 490/1 | €1,346 | €1,414 | +€68 | +5.0% |
| Total equity and liabilities | 10/49 | €83,789 | €148,823 | +€65,034 | +77.6% |
| Equity | 10/15 | €35,352 | €125,287 | +€89,934 | +254% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,352 | €115,287 | +€89,934 | +355% |
| Distributable reserves | 133 | €25,352 | €115,287 | +€89,934 | +355% |
| Amounts payable | 17/49 | €48,437 | €23,536 | -€24,901 | -51.4% |
| Amounts payable within one year | 42/48 | €48,437 | €23,276 | -€25,161 | -51.9% |
| Trade debts | 44 | €3,351 | €7,742 | +€4,391 | +131% |
| Suppliers | 440/4 | €3,351 | €7,742 | +€4,391 | +131% |
| Taxes, remuneration and social security | 45 | €39,348 | €10,622 | -€28,727 | -73.0% |
| Taxes | 450/3 | €39,348 | €10,622 | -€28,727 | -73.0% |
| Other amounts payable | 47/48 | €5,738 | €4,913 | -€825 | -14.4% |
| Accrued charges and deferred income | 492/3 | - | €260 | +€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,092 | +€1,092 | |
| Other operating charges | 640/8 | €194 | €359 | +€166 | +85.5% |
| Gross operating margin | 9900 | €32,962 | €117,456 | +€84,494 | +256% |
| Operating profit (loss) | 9901 | €32,769 | €116,005 | +€83,237 | +254% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €748 | €1,898 | +€1,150 | +154% |
| Recurring financial charges | 65 | €748 | €1,898 | +€1,150 | +154% |
| Profit (loss) for the period before taxes | 9903 | €32,021 | €114,124 | +€82,104 | +256% |
| Income taxes | 67/77 | €6,668 | €24,190 | +€17,521 | +263% |
| Profit (loss) for the period | 9904 | €25,352 | €89,934 | +€64,582 | +255% |
| Profit (loss) for the period to be appropriated | 9905 | €25,352 | €89,934 | +€64,582 | +255% |
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 18 October 2026 via checked.be.