Rednaz: 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.
Rednaz
Largest movements
- Cash +€54,436
up €54,436 (+1088.7%), from €5,000 to €59,436
mainly Net result for the year (+€78,175) and Tax, wage and social debts (+€28,823)
- Receivables within one year +€49,563
up €49,563 (+376.9%), from €13,151 to €62,714
of which Trade receivables: +€49,714
- Deferred charges and accrued income +€2,941
new in 2025: €2,941
- Reserves +€77,275
up €77,275 (+1213.1%), from €6,370 to €83,645
- Tax, wage and social debts +€28,823
up €28,823 (+1529.2%), from €1,885 to €30,707
- Gross operating margin +€94,354
up €94,354 (+1025.0%), from €9,205 to €103,559
- Taxes +€19,479
up €19,479 (+1033.5%), from €1,885 to €21,363
- Financial charges +€3,813
new in 2025: €3,813
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 | €18,151 | €125,091 | +€106,940 | +589.2% |
| Current assets | 29/58 | €18,151 | €125,091 | +€106,940 | +589.2% |
| Amounts receivable within one year | 40/41 | €13,151 | €62,714 | +€49,563 | +376.9% |
| Trade receivables | 40 | €13,000 | €62,714 | +€49,714 | +382.4% |
| Other amounts receivable | 41 | €151 | - | -€151 | |
| Cash at bank and in hand | 54/58 | €5,000 | €59,436 | +€54,436 | +1088.7% |
| Deferred charges and accrued income | 490/1 | - | €2,941 | +€2,941 | |
| Total equity and liabilities | 10/49 | €18,151 | €125,091 | +€106,940 | +589.2% |
| Equity | 10/15 | €11,370 | €88,645 | +€77,275 | +679.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,370 | €83,645 | +€77,275 | +1213.1% |
| Distributable reserves | 133 | €6,370 | €83,645 | +€77,275 | +1213.1% |
| Amounts payable | 17/49 | €6,781 | €36,446 | +€29,665 | +437.5% |
| Amounts payable within one year | 42/48 | €6,781 | €36,446 | +€29,665 | +437.5% |
| Financial debts | 43 | - | €102 | +€102 | |
| Credit institutions | 430/8 | - | €102 | +€102 | |
| Trade debts | 44 | €3,996 | €3,564 | -€432 | -10.8% |
| Suppliers | 440/4 | €3,996 | €3,564 | -€432 | -10.8% |
| Taxes, remuneration and social security | 45 | €1,885 | €30,707 | +€28,823 | +1529.2% |
| Taxes | 450/3 | €1,885 | €30,707 | +€28,823 | +1529.2% |
| Other amounts payable | 47/48 | €900 | €2,074 | +€1,174 | +130.4% |
| Other operating charges | 640/8 | €50 | €208 | +€158 | +315.8% |
| Gross operating margin | 9900 | €9,205 | €103,559 | +€94,354 | +1025.0% |
| Operating profit (loss) | 9901 | €9,155 | €103,351 | +€94,196 | +1028.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €3,813 | +€3,813 | |
| Recurring financial charges | 65 | - | €3,813 | +€3,813 | |
| Profit (loss) for the period before taxes | 9903 | €9,155 | €99,538 | +€90,383 | +987.3% |
| Income taxes | 67/77 | €1,885 | €21,363 | +€19,479 | +1033.5% |
| Profit (loss) for the period | 9904 | €7,270 | €78,175 | +€70,905 | +975.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,270 | €78,175 | +€70,905 | +975.3% |
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 8 October 2026 via checked.be.