Reductis: 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.
Reductis
Largest movements
- Receivables within one year +€203,173
up €203,173 (+34.9%), from €582,188 to €785,361
of which Other amounts receivable: +€161,566
- Cash +€24,099
up €24,099 (+2,560%), from €941 to €25,040
mainly Other debts (+€205,910) and Trade debts (+€118,671)
- Other debts +€205,910
up €205,910 (+112%), from €184,529 to €390,439
- Trade debts +€118,671
up €118,671 (+30.4%), from €390,473 to €509,144
- Profit (loss) carried forward -€67,925
down €67,925 (-306%), from -€22,173 to -€90,097
- Tax, wage and social debts -€29,392
down €29,392 (-90.2%), from €32,590 to €3,197
of which Taxes: -€28,191
- Gross operating margin +€23,606
up €23,606 (+37.5%), from -€62,965 to -€39,359
- Staff costs -€2,481
down €2,481 (-8.4%), from €29,606 to €27,126
- Other operating charges -€1,639
down €1,639 (-65.6%), from €2,499 to €861
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 | €604,018 | €831,282 | +€227,264 | +37.6% |
| Current assets | 29/58 | €604,018 | €831,282 | +€227,264 | +37.6% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €582,188 | €785,361 | +€203,173 | +34.9% |
| Trade receivables | 40 | €117,963 | €159,570 | +€41,607 | +35.3% |
| Other amounts receivable | 41 | €464,225 | €625,791 | +€161,566 | +34.8% |
| Cash at bank and in hand | 54/58 | €941 | €25,040 | +€24,099 | +2,560% |
| Deferred charges and accrued income | 490/1 | €889 | €881 | -€8 | -0.9% |
| Total equity and liabilities | 10/49 | €604,018 | €831,282 | +€227,264 | +37.6% |
| Equity | 10/15 | -€3,573 | -€71,497 | -€67,925 | -1,901% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,173 | -€90,097 | -€67,925 | -306% |
| Amounts payable | 17/49 | €607,591 | €902,780 | +€295,189 | +48.6% |
| Amounts payable within one year | 42/48 | €607,591 | €902,780 | +€295,189 | +48.6% |
| Trade debts | 44 | €390,473 | €509,144 | +€118,671 | +30.4% |
| Suppliers | 440/4 | €390,473 | €509,144 | +€118,671 | +30.4% |
| Taxes, remuneration and social security | 45 | €32,590 | €3,197 | -€29,392 | -90.2% |
| Taxes | 450/3 | €28,191 | €0 | -€28,191 | -100% |
| Remuneration and social security | 454/9 | €4,399 | €3,197 | -€1,201 | -27.3% |
| Other amounts payable | 47/48 | €184,529 | €390,439 | +€205,910 | +112% |
| Remuneration, social security and pensions | 62 | €29,606 | €27,126 | -€2,481 | -8.4% |
| Other operating charges | 640/8 | €2,499 | €861 | -€1,639 | -65.6% |
| Gross operating margin | 9900 | -€62,965 | -€39,359 | +€23,606 | +37.5% |
| Operating profit (loss) | 9901 | -€95,070 | -€67,345 | +€27,726 | +29.2% |
| Financial charges | 65/66B | €1,064 | €580 | -€484 | -45.5% |
| Recurring financial charges | 65 | €1,064 | €580 | -€484 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | -€96,134 | -€67,925 | +€28,210 | +29.3% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | -€96,134 | -€67,925 | +€28,210 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,134 | -€67,925 | +€28,210 | +29.3% |
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 27 October 2026 via checked.be.