REELAND: 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.
REELAND
Largest movements
- Tangible fixed assets +€51,483
up €51,483 (+205%), from €25,109 to €76,592
of which Furniture and vehicles: +€51,964
- Cash -€31,833
down €31,833 (-11.1%), from €285,764 to €253,931
mainly Contributions, distributions and other (-€180,000) and Investment in fixed assets (net) (-€62,833)
- Receivables within one year -€7,518
down €7,518 (-26.7%), from €28,188 to €20,671
of which Trade receivables: -€26,568
- Other debts +€94,630
up €94,630 (+52.2%), from €181,204 to €275,834
- Reserves -€50,000
down €50,000 (-68.8%), from €72,718 to €22,718
of which Distributable reserves: -€50,000
- Advances received -€25,000
down €25,000 (-100%), from €25,000 to €0
- Profit (loss) carried forward -€12,207
down €12,207 (-83.2%), from €14,671 to €2,465
- Tax, wage and social debts +€7,170
up €7,170 (+31.9%), from €22,452 to €29,622
- Gross operating margin +€9,028
up €9,028 (+5.6%), from €160,967 to €169,995
- Depreciation -€4,018
down €4,018 (-26.1%), from €15,368 to €11,350
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 | €339,928 | €352,120 | +€12,191 | +3.6% |
| Fixed assets | 21/28 | €25,109 | €76,592 | +€51,483 | +205% |
| Tangible fixed assets | 22/27 | €25,109 | €76,592 | +€51,483 | +205% |
| Land and buildings | 22 | €1,307 | €826 | -€480 | -36.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €20,152 | €72,116 | +€51,964 | +258% |
| Other tangible fixed assets | 26 | €3,650 | €3,650 | = | 0.0% |
| Current assets | 29/58 | €314,819 | €275,527 | -€39,292 | -12.5% |
| Amounts receivable within one year | 40/41 | €28,188 | €20,671 | -€7,518 | -26.7% |
| Trade receivables | 40 | €26,568 | €0 | -€26,568 | -100% |
| Other amounts receivable | 41 | €1,620 | €20,671 | +€19,051 | +1,176% |
| Cash at bank and in hand | 54/58 | €285,764 | €253,931 | -€31,833 | -11.1% |
| Deferred charges and accrued income | 490/1 | €868 | €926 | +€58 | +6.7% |
| Total equity and liabilities | 10/49 | €339,928 | €352,120 | +€12,191 | +3.6% |
| Equity | 10/15 | €105,990 | €43,783 | -€62,207 | -58.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,718 | €22,718 | -€50,000 | -68.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €22,718 | €22,718 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €0 | -€50,000 | -100% |
| Profit (loss) carried forward | 14 | €14,671 | €2,465 | -€12,207 | -83.2% |
| Amounts payable | 17/49 | €233,939 | €308,337 | +€74,398 | +31.8% |
| Amounts payable within one year | 42/48 | €232,959 | €306,797 | +€73,838 | +31.7% |
| Trade debts | 44 | €4,303 | €1,340 | -€2,962 | -68.9% |
| Suppliers | 440/4 | €4,303 | €1,340 | -€2,962 | -68.9% |
| Advances received on contracts in progress | 46 | €25,000 | €0 | -€25,000 | -100% |
| Taxes, remuneration and social security | 45 | €22,452 | €29,622 | +€7,170 | +31.9% |
| Taxes | 450/3 | €22,452 | €29,622 | +€7,170 | +31.9% |
| Other amounts payable | 47/48 | €181,204 | €275,834 | +€94,630 | +52.2% |
| Accrued charges and deferred income | 492/3 | €980 | €1,540 | +€560 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,368 | €11,350 | -€4,018 | -26.1% |
| Other operating charges | 640/8 | €1,313 | €899 | -€415 | -31.6% |
| Gross operating margin | 9900 | €160,967 | €169,995 | +€9,028 | +5.6% |
| Operating profit (loss) | 9901 | €144,286 | €157,747 | +€13,460 | +9.3% |
| Financial income | 75/76B | €1,256 | €1,227 | -€29 | -2.3% |
| Recurring financial income | 75 | €1,256 | €1,227 | -€29 | -2.3% |
| Financial charges | 65/66B | €5,312 | €6,475 | +€1,163 | +21.9% |
| Recurring financial charges | 65 | €5,312 | €6,475 | +€1,163 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €140,230 | €152,498 | +€12,268 | +8.7% |
| Income taxes | 67/77 | €33,266 | €34,705 | +€1,439 | +4.3% |
| Profit (loss) for the period | 9904 | €106,964 | €117,793 | +€10,829 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €106,964 | €117,793 | +€10,829 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.