REDRED: 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.
REDRED
Largest movements
- Stocks and contracts +€4,130
new in 2025: €4,130
- Cash -€2,109
down €2,109 (-75.3%), from €2,802 to €693
mainly Tax, wage and social debts (-€4,675) and Stocks and contracts (-€4,130)
- Receivables within one year -€308
no longer reported in 2025 (was €308)
- Tax, wage and social debts -€4,675
down €4,675 (-94.7%), from €4,937 to €262
of which Remuneration and social security: -€4,381
- Debts after one year +€3,000
new in 2025: €3,000
- Trade debts +€1,521
up €1,521 (+785.8%), from €194 to €1,715
- Other debts +€1,097
new in 2025: €1,097
- Profit (loss) carried forward +€770
up €770, from -€89 to €681
- Gross operating margin -€18,794
down €18,794 (-86.2%), from €21,807 to €3,013
- Purchases and services +€12,014
up €12,014 (+16.2%), from €74,153 to €86,167
- Staff costs -€9,126
down €9,126 (-88.0%), from €10,369 to €1,243
- Turnover -€8,189
down €8,189 (-8.5%), from €95,960 to €87,771
- Other operating charges -€4,666
down €4,666 (-89.2%), from €5,230 to €564
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 | €7,041 | €8,754 | +€1,713 | +24.3% |
| Formation expenses | 20 | €625 | €625 | = | 0.0% |
| Fixed assets | 21/28 | €3,306 | €3,306 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,306 | €3,306 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,306 | €3,306 | = | 0.0% |
| Current assets | 29/58 | €3,111 | €4,823 | +€1,713 | +55.1% |
| Stocks and contracts in progress | 3 | - | €4,130 | +€4,130 | |
| Stocks | 30/36 | - | €4,130 | +€4,130 | |
| Amounts receivable within one year | 40/41 | €308 | - | -€308 | |
| Other amounts receivable | 41 | €308 | - | -€308 | |
| Cash at bank and in hand | 54/58 | €2,802 | €693 | -€2,109 | -75.3% |
| Total equity and liabilities | 10/49 | €7,041 | €8,754 | +€1,713 | +24.3% |
| Equity | 10/15 | €1,911 | €2,681 | +€770 | +40.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89 | €681 | +€770 | |
| Amounts payable | 17/49 | €5,130 | €6,073 | +€943 | +18.4% |
| Amounts payable after more than one year | 17 | - | €3,000 | +€3,000 | |
| Financial debts | 170/4 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €5,130 | €3,073 | -€2,057 | -40.1% |
| Trade debts | 44 | €194 | €1,715 | +€1,521 | +785.8% |
| Suppliers | 440/4 | €194 | €1,715 | +€1,521 | +785.8% |
| Taxes, remuneration and social security | 45 | €4,937 | €262 | -€4,675 | -94.7% |
| Taxes | 450/3 | €556 | €262 | -€294 | -52.9% |
| Remuneration and social security | 454/9 | €4,381 | - | -€4,381 | |
| Other amounts payable | 47/48 | - | €1,097 | +€1,097 | |
| Turnover | 70 | €95,960 | €87,771 | -€8,189 | -8.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,153 | €86,167 | +€12,014 | +16.2% |
| Remuneration, social security and pensions | 62 | €10,369 | €1,243 | -€9,126 | -88.0% |
| Other operating charges | 640/8 | €5,230 | €564 | -€4,666 | -89.2% |
| Gross operating margin | 9900 | €21,807 | €3,013 | -€18,794 | -86.2% |
| Operating profit (loss) | 9901 | €6,208 | €1,206 | -€5,002 | -80.6% |
| Financial charges | 65/66B | €265 | €435 | +€170 | +64.2% |
| Recurring financial charges | 65 | €265 | €435 | +€170 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €5,942 | €770 | -€5,172 | -87.0% |
| Profit (loss) for the period | 9904 | €5,942 | €770 | -€5,172 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,942 | €770 | -€5,172 | -87.0% |
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 7 October 2026 via checked.be.