REDS & CO: 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.
REDS & CO
Largest movements
- Receivables within one year +€3,841
new in 2025: €3,841
- Cash +€3,137
up €3,137 (+7.9%), from €39,839 to €42,976
mainly Other debts (+€6,519) and Depreciation (+€2,299)
- Tangible fixed assets -€1,630
down €1,630 (-67.7%), from €2,409 to €779
of which Furniture and vehicles: -€1,630
- Other debts +€6,519
up €6,519 (+14.3%), from €45,618 to €52,137
- Profit (loss) carried forward -€1,867
down €1,867 (-11.0%), from -€16,978 to -€18,846
- Tax, wage and social debts +€697
up €697 (+49.2%), from €1,414 to €2,111
- Depreciation -€3,416
down €3,416 (-59.8%), from €5,715 to €2,299
- Gross operating margin +€2,604
up €2,604, from -€378 to €2,225
- Taxes +€491
up €491 (+54.1%), from €908 to €1,399
- Other operating charges -€214
down €214 (-37.9%), from €566 to €352
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 | €51,447 | €56,796 | +€5,349 | +10.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,609 | €9,979 | -€1,630 | -14.0% |
| Tangible fixed assets | 22/27 | €2,409 | €779 | -€1,630 | -67.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,409 | €779 | -€1,630 | -67.7% |
| Financial fixed assets | 28 | €9,200 | €9,200 | = | 0.0% |
| Current assets | 29/58 | €39,839 | €46,817 | +€6,979 | +17.5% |
| Amounts receivable within one year | 40/41 | - | €3,841 | +€3,841 | |
| Trade receivables | 40 | - | €3,841 | +€3,841 | |
| Cash at bank and in hand | 54/58 | €39,839 | €42,976 | +€3,137 | +7.9% |
| Total equity and liabilities | 10/49 | €51,447 | €56,796 | +€5,349 | +10.4% |
| Equity | 10/15 | €4,415 | €2,548 | -€1,867 | -42.3% |
| Contributions | 10/11 | €12,533 | €12,533 | = | 0.0% |
| Reserves | 13 | €8,860 | €8,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,978 | -€18,846 | -€1,867 | -11.0% |
| Amounts payable | 17/49 | €47,032 | €54,248 | +€7,216 | +15.3% |
| Amounts payable within one year | 42/48 | €47,032 | €54,248 | +€7,216 | +15.3% |
| Taxes, remuneration and social security | 45 | €1,414 | €2,111 | +€697 | +49.2% |
| Taxes | 450/3 | €1,414 | €2,111 | +€697 | +49.2% |
| Other amounts payable | 47/48 | €45,618 | €52,137 | +€6,519 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,715 | €2,299 | -€3,416 | -59.8% |
| Other operating charges | 640/8 | €566 | €352 | -€214 | -37.9% |
| Gross operating margin | 9900 | -€378 | €2,225 | +€2,604 | |
| Operating profit (loss) | 9901 | -€6,659 | -€425 | +€6,234 | +93.6% |
| Financial charges | 65/66B | €47 | €43 | -€4 | -7.6% |
| Recurring financial charges | 65 | €47 | €43 | -€4 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,705 | -€468 | +€6,237 | +93.0% |
| Income taxes | 67/77 | €908 | €1,399 | +€491 | +54.1% |
| Profit (loss) for the period | 9904 | -€7,613 | -€1,867 | +€5,746 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,613 | -€1,867 | +€5,746 | +75.5% |
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 20 October 2026 via checked.be.