ReEnForce: 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.
ReEnForce
Largest movements
- Cash -€28,037
down €28,037 (-34.8%), from €80,537 to €52,501
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€15,732)
- Tangible fixed assets -€11,183
down €11,183 (-19.3%), from €58,039 to €46,855
of which Furniture and vehicles: -€9,237
- Receivables within one year +€2,409
up €2,409 (+7.3%), from €32,962 to €35,371
of which Trade receivables: +€6,591
- Tax, wage and social debts -€15,732
down €15,732 (-71.9%), from €21,878 to €6,146
- Current portion of long-term debt -€11,653
down €11,653 (-91.5%), from €12,742 to €1,089
- Profit (loss) carried forward -€9,240
down €9,240 (-45.6%), from €20,244 to €11,004
- Accrued charges and deferred income +€3,444
new in 2025: €3,444
- Other debts -€1,994
down €1,994 (-3.2%), from €62,336 to €60,343
- Gross operating margin -€5,882
down €5,882 (-7.9%), from €74,485 to €68,603
- Taxes -€3,088
down €3,088 (-22.6%), from €13,654 to €10,566
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 | €172,934 | €136,523 | -€36,411 | -21.1% |
| Fixed assets | 21/28 | €58,039 | €46,855 | -€11,183 | -19.3% |
| Tangible fixed assets | 22/27 | €58,039 | €46,855 | -€11,183 | -19.3% |
| Plant, machinery and equipment | 23 | €5,706 | €3,760 | -€1,946 | -34.1% |
| Furniture and vehicles | 24 | €52,333 | €43,096 | -€9,237 | -17.7% |
| Current assets | 29/58 | €114,895 | €89,668 | -€25,227 | -22.0% |
| Amounts receivable within one year | 40/41 | €32,962 | €35,371 | +€2,409 | +7.3% |
| Trade receivables | 40 | €13,725 | €20,316 | +€6,591 | +48.0% |
| Other amounts receivable | 41 | €19,237 | €15,055 | -€4,182 | -21.7% |
| Cash at bank and in hand | 54/58 | €80,537 | €52,501 | -€28,037 | -34.8% |
| Deferred charges and accrued income | 490/1 | €1,396 | €1,796 | +€401 | +28.7% |
| Total equity and liabilities | 10/49 | €172,934 | €136,523 | -€36,411 | -21.1% |
| Equity | 10/15 | €74,037 | €64,797 | -€9,240 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,193 | €35,193 | = | 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% |
| Tax-exempt reserves | 132 | €85 | €85 | = | 0.0% |
| Distributable reserves | 133 | €33,247 | €33,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,244 | €11,004 | -€9,240 | -45.6% |
| Amounts payable | 17/49 | €98,897 | €71,726 | -€27,171 | -27.5% |
| Amounts payable after more than one year | 17 | €1,089 | €0 | -€1,089 | -100.0% |
| Financial debts | 170/4 | €1,089 | €0 | -€1,089 | -100.0% |
| Amounts payable within one year | 42/48 | €97,808 | €68,282 | -€29,526 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €12,742 | €1,089 | -€11,653 | -91.5% |
| Trade debts | 44 | €851 | €705 | -€147 | -17.2% |
| Suppliers | 440/4 | €851 | €705 | -€147 | -17.2% |
| Taxes, remuneration and social security | 45 | €21,878 | €6,146 | -€15,732 | -71.9% |
| Taxes | 450/3 | €21,878 | €6,146 | -€15,732 | -71.9% |
| Other amounts payable | 47/48 | €62,336 | €60,343 | -€1,994 | -3.2% |
| Accrued charges and deferred income | 492/3 | - | €3,444 | +€3,444 | |
| Non-recurring operating income | 76A | €8,000 | €0 | -€8,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,748 | €15,609 | -€139 | -0.9% |
| Other operating charges | 640/8 | €664 | €941 | +€278 | +41.9% |
| Gross operating margin | 9900 | €74,485 | €68,603 | -€5,882 | -7.9% |
| Operating profit (loss) | 9901 | €58,073 | €52,052 | -€6,021 | -10.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €1,364 | €726 | -€638 | -46.8% |
| Recurring financial charges | 65 | €1,364 | €726 | -€638 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €56,710 | €51,326 | -€5,384 | -9.5% |
| Income taxes | 67/77 | €13,654 | €10,566 | -€3,088 | -22.6% |
| Profit (loss) for the period | 9904 | €43,056 | €40,760 | -€2,296 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,056 | €40,760 | -€2,296 | -5.3% |
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.