REESTEC: 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.
REESTEC
Largest movements
- Tangible fixed assets -€17,777
down €17,777 (-24.8%), from €71,781 to €54,003
of which Furniture and vehicles: -€13,066
- Receivables within one year -€16,350
down €16,350 (-41.2%), from €39,712 to €23,362
of which Trade receivables: -€15,869
- Reserves -€23,929
down €23,929 (-10.3%), from €231,530 to €207,602
- Trade debts -€5,746
down €5,746 (-100.0%), from €5,746 to €0
- Tax, wage and social debts -€4,413
down €4,413 (-59.5%), from €7,422 to €3,009
- Gross operating margin -€100,759
down €100,759, from €98,431 to -€2,327
- Taxes -€7,219
down €7,219 (-97.3%), from €7,422 to €203
- Depreciation +€1,355
up €1,355 (+6.9%), from €19,596 to €20,951
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 | €263,910 | €229,823 | -€34,087 | -12.9% |
| Fixed assets | 21/28 | €71,781 | €54,003 | -€17,777 | -24.8% |
| Tangible fixed assets | 22/27 | €71,781 | €54,003 | -€17,777 | -24.8% |
| Land and buildings | 22 | €18,623 | €11,201 | -€7,422 | -39.9% |
| Plant, machinery and equipment | 23 | - | €2,711 | +€2,711 | |
| Furniture and vehicles | 24 | €53,158 | €40,091 | -€13,066 | -24.6% |
| Current assets | 29/58 | €192,129 | €175,820 | -€16,310 | -8.5% |
| Stocks and contracts in progress | 3 | €1,167 | €0 | -€1,167 | -100.0% |
| Stocks | 30/36 | €1,167 | €0 | -€1,167 | -100.0% |
| Amounts receivable within one year | 40/41 | €39,712 | €23,362 | -€16,350 | -41.2% |
| Trade receivables | 40 | €39,231 | €23,362 | -€15,869 | -40.4% |
| Other amounts receivable | 41 | €482 | €0 | -€482 | -100.0% |
| Cash at bank and in hand | 54/58 | €149,920 | €151,031 | +€1,112 | +0.7% |
| Deferred charges and accrued income | 490/1 | €1,331 | €1,426 | +€96 | +7.2% |
| Total equity and liabilities | 10/49 | €263,910 | €229,823 | -€34,087 | -12.9% |
| Equity | 10/15 | €243,930 | €220,002 | -€23,929 | -9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €231,530 | €207,602 | -€23,929 | -10.3% |
| Distributable reserves | 133 | €231,530 | €207,602 | -€23,929 | -10.3% |
| Amounts payable | 17/49 | €19,980 | €9,821 | -€10,159 | -50.8% |
| Amounts payable within one year | 42/48 | €19,980 | €9,821 | -€10,159 | -50.8% |
| Trade debts | 44 | €5,746 | €0 | -€5,746 | -100.0% |
| Suppliers | 440/4 | €5,746 | €0 | -€5,746 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,422 | €3,009 | -€4,413 | -59.5% |
| Taxes | 450/3 | €7,422 | €3,009 | -€4,413 | -59.5% |
| Other amounts payable | 47/48 | €6,812 | €6,812 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,596 | €20,951 | +€1,355 | +6.9% |
| Other operating charges | 640/8 | €249 | €255 | +€6 | +2.4% |
| Gross operating margin | 9900 | €98,431 | -€2,327 | -€100,759 | |
| Operating profit (loss) | 9901 | €78,587 | -€23,533 | -€102,120 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €152 | €192 | +€40 | +26.7% |
| Recurring financial charges | 65 | €152 | €192 | +€40 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €78,435 | -€23,725 | -€102,160 | |
| Income taxes | 67/77 | €7,422 | €203 | -€7,219 | -97.3% |
| Profit (loss) for the period | 9904 | €71,013 | -€23,929 | -€94,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,013 | -€23,929 | -€94,942 |
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 12 October 2026 via checked.be.