REELOAD: what changed
What changed
REELOAD
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€696,979
2024 · €396,206+€300,773
Equity
€1.9m
2024 · €1.2m+€696,979
Cash
€2.1m
2024 · €1.3m+€791,648
Balance sheet total
€4.4m
2024 · €4.3m+€101,234
Largest movements
Assets
- Cash +€791,648
up €791,648 (+59.3%), from €1.3m to €2.1m
mainly Receivables within one year (+€713,860) and Net result for the year (+€696,979)
- Receivables within one year -€713,860
down €713,860 (-29.1%), from €2.5m to €1.7m
of which Trade receivables: -€669,172
Equity and liabilities
- Reserves +€696,979
up €696,979 (+58.6%), from €1.2m to €1.9m
of which Distributable reserves: +€696,979
- Trade debts -€632,762
down €632,762 (-31.6%), from €2.0m to €1.4m
- Advances received +€326,328
new in 2025: €326,328
- Accrued charges and deferred income -€315,072
down €315,072 (-43.7%), from €721,547 to €406,474
- Provisions +€145,960
new in 2025: €145,960
Income statement
- Gross operating margin +€791,141
up €791,141 (+73.5%), from €1.1m to €1.9m
- Staff costs +€192,419
up €192,419 (+35.1%), from €548,941 to €741,360
- Provisions +€145,960
new in 2025: €145,960
- Taxes +€109,797
up €109,797 (+81.7%), from €134,439 to €244,237
- Other operating charges +€34,021
up €34,021 (+2,637%), from €1,290 to €35,311
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€396,206
Gross operating margin
+€791,141
Staff costs
-€192,419
Depreciation
-€6,239
Provisions
-€145,960
Other operating charges
-€34,021
Financial income
-€6,097
Financial charges
+€4,165
Taxes
-€109,797
Result 2025
€696,979
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€826,498
Investment
-€28,612
Financing
-€6,239
Cash 2024
€1.3m
From operations (derived)
+€826,498
Net result for the year
+€696,979
Depreciation
+€16,190
Stocks and contracts
-€32,942
Receivables within one year
+€713,860
Deferred charges and accrued income
+€21,917
Provisions
+€145,960
Trade debts
-€632,762
Tax, wage and social debts
-€113,945
Advances received
+€326,328
Other debts
-€14
Accrued charges and deferred income
-€315,072
Investment (derived)
-€28,612
Investment in fixed assets (net)
-€28,612
Financing
-€6,239
Debts after one year
-€6,460
Current portion of long-term debt
+€221
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,282,590 | €4,383,824 | +€101,234 | +2.4% |
| Fixed assets | 21/28 | €40,464 | €52,885 | +€12,422 | +30.7% |
| Intangible fixed assets | 21 | €1,503 | €13,358 | +€11,855 | +789% |
| Tangible fixed assets | 22/27 | €38,811 | €39,378 | +€567 | +1.5% |
| Furniture and vehicles | 24 | €35,905 | €32,044 | -€3,861 | -10.8% |
| Other tangible fixed assets | 26 | €2,906 | €7,334 | +€4,428 | +152% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €4,242,126 | €4,330,939 | +€88,813 | +2.1% |
| Stocks and contracts in progress | 3 | €59,099 | €92,041 | +€32,942 | +55.7% |
| Stocks | 30/36 | €59,099 | €92,041 | +€32,942 | +55.7% |
| Amounts receivable within one year | 40/41 | €2,451,163 | €1,737,303 | -€713,860 | -29.1% |
| Trade receivables | 40 | €2,116,554 | €1,447,382 | -€669,172 | -31.6% |
| Other amounts receivable | 41 | €334,609 | €289,922 | -€44,688 | -13.4% |
| Current investments | 50/53 | €350,000 | €350,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,335,619 | €2,127,267 | +€791,648 | +59.3% |
| Deferred charges and accrued income | 490/1 | €46,245 | €24,327 | -€21,917 | -47.4% |
| Total equity and liabilities | 10/49 | €4,282,590 | €4,383,824 | +€101,234 | +2.4% |
| Equity | 10/15 | €1,218,928 | €1,915,907 | +€696,979 | +57.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,188,928 | €1,885,907 | +€696,979 | +58.6% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €1,062,628 | €1,759,607 | +€696,979 | +65.6% |
| Provisions and deferred taxes | 16 | - | €145,960 | +€145,960 | |
| Provisions for liabilities and charges | 160/5 | - | €145,960 | +€145,960 | |
| Environmental obligations | 163 | - | €145,960 | +€145,960 | |
| Amounts payable | 17/49 | €3,063,662 | €2,321,957 | -€741,705 | -24.2% |
| Amounts payable after more than one year | 17 | €12,582 | €6,122 | -€6,460 | -51.3% |
| Financial debts | 170/4 | €12,582 | €6,122 | -€6,460 | -51.3% |
| Amounts payable within one year | 42/48 | €2,329,533 | €1,909,360 | -€420,172 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €6,239 | €6,460 | +€221 | +3.5% |
| Trade debts | 44 | €2,003,523 | €1,370,761 | -€632,762 | -31.6% |
| Suppliers | 440/4 | €2,003,523 | €1,370,761 | -€632,762 | -31.6% |
| Advances received on contracts in progress | 46 | - | €326,328 | +€326,328 | |
| Taxes, remuneration and social security | 45 | €319,757 | €205,812 | -€113,945 | -35.6% |
| Taxes | 450/3 | €268,472 | €136,503 | -€131,968 | -49.2% |
| Remuneration and social security | 454/9 | €51,285 | €69,308 | +€18,023 | +35.1% |
| Other amounts payable | 47/48 | €14 | - | -€14 | |
| Accrued charges and deferred income | 492/3 | €721,547 | €406,474 | -€315,072 | -43.7% |
| Remuneration, social security and pensions | 62 | €548,941 | €741,360 | +€192,419 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,951 | €16,190 | +€6,239 | +62.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €145,960 | +€145,960 | |
| Other operating charges | 640/8 | €1,290 | €35,311 | +€34,021 | +2,637% |
| Gross operating margin | 9900 | €1,076,689 | €1,867,831 | +€791,141 | +73.5% |
| Operating profit (loss) | 9901 | €516,507 | €929,009 | +€412,502 | +79.9% |
| Financial income | 75/76B | €36,035 | €29,938 | -€6,097 | -16.9% |
| Recurring financial income | 75 | €36,035 | €29,938 | -€6,097 | -16.9% |
| Financial charges | 65/66B | €21,897 | €17,732 | -€4,165 | -19.0% |
| Recurring financial charges | 65 | €21,897 | €17,732 | -€4,165 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €530,645 | €941,215 | +€410,570 | +77.4% |
| Income taxes | 67/77 | €134,439 | €244,237 | +€109,797 | +81.7% |
| Profit (loss) for the period | 9904 | €396,206 | €696,979 | +€300,773 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €396,206 | €696,979 | +€300,773 | +75.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.