REEPKENS: 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.
REEPKENS
Largest movements
- Tangible fixed assets -€60,127
down €60,127 (-11.4%), from €527,136 to €467,009
of which Land and buildings: -€53,107
- Cash +€10,066
up €10,066 (+85.9%), from €11,715 to €21,782
mainly Depreciation (+€76,785) and Net result for the year (+€69,060)
- Debts after one year -€129,368
down €129,368 (-24.1%), from €536,338 to €406,970
- Profit (loss) carried forward +€69,060
up €69,060 (+37.7%), from -€183,046 to -€113,986
- Gross operating margin +€12,362
up €12,362 (+7.1%), from €174,657 to €187,019
- Financial charges -€3,591
down €3,591 (-12.6%), from €28,454 to €24,862
- Staff costs -€2,088
down €2,088 (-100%), from €2,088 to €0
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 | €796,252 | €748,904 | -€47,348 | -5.9% |
| Fixed assets | 21/28 | €777,189 | €717,062 | -€60,127 | -7.7% |
| Tangible fixed assets | 22/27 | €527,136 | €467,009 | -€60,127 | -11.4% |
| Land and buildings | 22 | €510,793 | €457,686 | -€53,107 | -10.4% |
| Plant, machinery and equipment | 23 | €12,342 | €5,323 | -€7,020 | -56.9% |
| Other tangible fixed assets | 26 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €250,053 | €250,053 | = | 0.0% |
| Current assets | 29/58 | €19,063 | €31,842 | +€12,779 | +67.0% |
| Amounts receivable within one year | 40/41 | €3,676 | €3,682 | +€6 | +0.2% |
| Trade receivables | 40 | - | €6 | +€6 | |
| Other amounts receivable | 41 | €3,676 | €3,676 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,715 | €21,782 | +€10,066 | +85.9% |
| Deferred charges and accrued income | 490/1 | €3,672 | €6,379 | +€2,707 | +73.7% |
| Total equity and liabilities | 10/49 | €796,252 | €748,904 | -€47,348 | -5.9% |
| Equity | 10/15 | -€115,396 | -€46,336 | +€69,060 | +59.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,046 | -€113,986 | +€69,060 | +37.7% |
| Amounts payable | 17/49 | €911,647 | €795,240 | -€116,407 | -12.8% |
| Amounts payable after more than one year | 17 | €536,338 | €406,970 | -€129,368 | -24.1% |
| Financial debts | 170/4 | €536,338 | €406,970 | -€129,368 | -24.1% |
| Amounts payable within one year | 42/48 | €373,241 | €382,314 | +€9,073 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €129,492 | €129,965 | +€473 | +0.4% |
| Trade debts | 44 | €1,299 | €2,215 | +€916 | +70.5% |
| Suppliers | 440/4 | €1,299 | €2,215 | +€916 | +70.5% |
| Other amounts payable | 47/48 | €242,451 | €250,135 | +€7,684 | +3.2% |
| Accrued charges and deferred income | 492/3 | €2,068 | €5,956 | +€3,888 | +188% |
| Remuneration, social security and pensions | 62 | €2,088 | €0 | -€2,088 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,445 | €76,785 | +€340 | +0.4% |
| Other operating charges | 640/8 | €15,999 | €16,312 | +€313 | +2.0% |
| Gross operating margin | 9900 | €174,657 | €187,019 | +€12,362 | +7.1% |
| Operating profit (loss) | 9901 | €80,125 | €93,922 | +€13,797 | +17.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €28,454 | €24,862 | -€3,591 | -12.6% |
| Recurring financial charges | 65 | €28,454 | €24,862 | -€3,591 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €51,671 | €69,060 | +€17,388 | +33.7% |
| Profit (loss) for the period | 9904 | €51,671 | €69,060 | +€17,388 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,671 | €69,060 | +€17,388 | +33.7% |
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 14 October 2026 via checked.be.