REEKMANS PATRICK: 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.
REEKMANS PATRICK
Largest movements
- Cash +€32,155
up €32,155 (+47.5%), from €67,741 to €99,896
mainly Depreciation (+€25,109) and Tax, wage and social debts (+€3,336)
- Tangible fixed assets -€25,109
down €25,109 (-44.8%), from €56,101 to €30,992
of which Other tangible fixed assets: -€23,359
- Tax, wage and social debts +€3,336
up €3,336 (+538.7%), from €619 to €3,956
- Reserves +€2,675
up €2,675 (+2.6%), from €103,026 to €105,700
- Depreciation -€805
down €805 (-3.1%), from €25,914 to €25,109
- Gross operating margin -€768
down €768 (-2.5%), from €30,311 to €29,544
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 | €124,861 | €131,355 | +€6,494 | +5.2% |
| Fixed assets | 21/28 | €56,101 | €30,992 | -€25,109 | -44.8% |
| Tangible fixed assets | 22/27 | €56,101 | €30,992 | -€25,109 | -44.8% |
| Furniture and vehicles | 24 | €1,749 | €0 | -€1,749 | -100.0% |
| Other tangible fixed assets | 26 | €54,351 | €30,992 | -€23,359 | -43.0% |
| Current assets | 29/58 | €68,760 | €100,363 | +€31,603 | +46.0% |
| Amounts receivable within one year | 40/41 | €594 | €114 | -€480 | -80.8% |
| Other amounts receivable | 41 | €594 | €114 | -€480 | -80.8% |
| Cash at bank and in hand | 54/58 | €67,741 | €99,896 | +€32,155 | +47.5% |
| Deferred charges and accrued income | 490/1 | €425 | €353 | -€73 | -17.1% |
| Total equity and liabilities | 10/49 | €124,861 | €131,355 | +€6,494 | +5.2% |
| Equity | 10/15 | €121,626 | €124,300 | +€2,675 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,026 | €105,700 | +€2,675 | +2.6% |
| Distributable reserves | 133 | €103,026 | €105,700 | +€2,675 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,235 | €7,054 | +€3,819 | +118.0% |
| Amounts payable within one year | 42/48 | €642 | €4,461 | +€3,819 | +594.5% |
| Trade debts | 44 | €23 | €506 | +€483 | +2098.2% |
| Suppliers | 440/4 | €23 | €506 | +€483 | +2098.2% |
| Taxes, remuneration and social security | 45 | €619 | €3,956 | +€3,336 | +538.7% |
| Taxes | 450/3 | €619 | €3,956 | +€3,336 | +538.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,593 | €2,593 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,914 | €25,109 | -€805 | -3.1% |
| Other operating charges | 640/8 | €1,335 | €1,188 | -€147 | -11.0% |
| Gross operating margin | 9900 | €30,311 | €29,544 | -€768 | -2.5% |
| Operating profit (loss) | 9901 | €3,063 | €3,247 | +€184 | +6.0% |
| Financial charges | 65/66B | €136 | €136 | -€0 | -0.2% |
| Recurring financial charges | 65 | €136 | €136 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €2,927 | €3,111 | +€184 | +6.3% |
| Income taxes | 67/77 | €425 | €436 | +€12 | +2.7% |
| Profit (loss) for the period | 9904 | €2,502 | €2,675 | +€173 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,502 | €2,675 | +€173 | +6.9% |
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.