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REEVA: 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.

What changed

REEVA

BE 0760.435.656
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,379
2024 · -€11,129+€13,508
Equity
-€5,274
2024 · -€7,654+€2,379
Cash
€12,928
2024 · €3,687+€9,241
Balance sheet total
€26,546
2024 · €22,747+€3,799

Largest movements

2024 to 2025
Assets
  • Cash +€9,241

    up €9,241 (+250.7%), from €3,687 to €12,928

    mainly Depreciation (+€4,539) and Net result for the year (+€2,379)

  • Tangible fixed assets -€4,222

    down €4,222 (-25.9%), from €16,280 to €12,058

    of which Furniture and vehicles: -€3,097

  • Deferred charges and accrued income -€1,285

    down €1,285 (-50.2%), from €2,558 to €1,273

Equity and liabilities
  • Profit (loss) carried forward +€2,379

    up €2,379 (+15.9%), from -€14,952 to -€12,572

  • Other debts +€1,818

    up €1,818 (+9.7%), from €18,706 to €20,524

  • Accrued charges and deferred income -€427

    down €427 (-54.3%), from €787 to €360

Income statement
  • Financial income +€7,025

    new in 2025: €7,025

    of which Financial income: +€7,025

  • Gross operating margin +€5,142

    up €5,142, from -€4,392 to €750

  • Depreciation -€1,147

    down €1,147 (-20.2%), from €5,686 to €4,539

  • Financial charges -€97

    down €97 (-42.7%), from €228 to €130

  • Other operating charges -€91

    down €91 (-14.1%), from €646 to €555

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€11,129
Gross operating margin +€5,142
Depreciation +€1,147
Other operating charges +€91
Financial income +€7,025
Financial charges +€97
Taxes +€6
Result 2025 €2,379

Cash bridge derived

cash 2024 to 2025

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.

From operations +€9,557
Investment -€317
Financing €0
Cash 2024 €3,687
Net result for the year +€2,379
Depreciation +€4,539
Receivables within one year -€66
Deferred charges and accrued income +€1,285
Trade debts -€157
Tax, wage and social debts +€187
Other debts +€1,818
Accrued charges and deferred income -€427
Investment in fixed assets (net) -€317
Cash 2025 €12,928
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €22,747 €26,546 +€3,799 +16.7%
Fixed assets 21/28 €16,335 €12,113 -€4,222 -25.8%
Tangible fixed assets 22/27 €16,280 €12,058 -€4,222 -25.9%
Land and buildings 22 €8,600 €7,475 -€1,125 -13.1%
Furniture and vehicles 24 €7,681 €4,583 -€3,097 -40.3%
Financial fixed assets 28 €55 €55 = 0.0%
Current assets 29/58 €6,412 €14,433 +€8,021 +125.1%
Amounts receivable within one year 40/41 €167 €233 +€66 +39.4%
Other amounts receivable 41 €167 €233 +€66 +39.4%
Cash at bank and in hand 54/58 €3,687 €12,928 +€9,241 +250.7%
Deferred charges and accrued income 490/1 €2,558 €1,273 -€1,285 -50.2%
Total equity and liabilities 10/49 €22,747 €26,546 +€3,799 +16.7%
Equity 10/15 -€7,654 -€5,274 +€2,379 +31.1%
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 €4,798 €4,798 = 0.0%
Distributable reserves 133 €4,798 €4,798 = 0.0%
Profit (loss) carried forward 14 -€14,952 -€12,572 +€2,379 +15.9%
Amounts payable 17/49 €30,401 €31,821 +€1,420 +4.7%
Amounts payable after more than one year 17 €10,000 €10,000 = 0.0%
Financial debts 170/4 €10,000 €10,000 = 0.0%
Amounts payable within one year 42/48 €19,614 €21,461 +€1,847 +9.4%
Trade debts 44 €380 €223 -€157 -41.4%
Suppliers 440/4 €380 €223 -€157 -41.4%
Taxes, remuneration and social security 45 €528 €714 +€187 +35.3%
Taxes 450/3 €528 €714 +€187 +35.3%
Other amounts payable 47/48 €18,706 €20,524 +€1,818 +9.7%
Accrued charges and deferred income 492/3 €787 €360 -€427 -54.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,686 €4,539 -€1,147 -20.2%
Other operating charges 640/8 €646 €555 -€91 -14.1%
Gross operating margin 9900 -€4,392 €750 +€5,142
Operating profit (loss) 9901 -€10,724 -€4,344 +€6,380 +59.5%
Financial income 75/76B - €7,025 +€7,025
Recurring financial income 75 - €7,025 +€7,025
Non-recurring financial income 76B - €7,025 +€7,025
Financial charges 65/66B €228 €130 -€97 -42.7%
Recurring financial charges 65 €228 €130 -€97 -42.7%
Profit (loss) for the period before taxes 9903 -€10,951 €2,551 +€13,502
Income taxes 67/77 €178 €172 -€6 -3.4%
Profit (loss) for the period 9904 -€11,129 €2,379 +€13,508
Profit (loss) for the period to be appropriated 9905 -€11,129 €2,379 +€13,508

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.