Reex: what changed
Reex
Largest movements
- Cash +€50,538
up €50,538 (+460%), from €10,981 to €61,519
mainly Net result for the year (+€72,306) and Tax, wage and social debts (+€31,086)
- Financial fixed assets +€8,337
new in 2025: €8,337
- Receivables within one year -€3,014
down €3,014 (-6.9%), from €43,690 to €40,676
of which Other amounts receivable: -€12,758
- Reserves +€64,246
new in 2025: €64,246
- Trade debts -€39,236
down €39,236 (-63.4%), from €61,841 to €22,605
- Tax, wage and social debts +€31,086
new in 2025: €31,086
of which Taxes: +€30,804
- Debts after one year -€9,697
down €9,697 (-32.4%), from €29,946 to €20,249
- Profit (loss) carried forward +€8,060
no longer reported in 2025 (was -€8,060)
- Gross operating margin +€144,191
up €144,191, from -€4,379 to €139,812
- Staff costs +€29,288
new in 2025: €29,288
- Taxes +€21,595
new in 2025: €21,595
- Depreciation +€11,123
up €11,123 (+1,363%), from €816 to €11,939
- Financial charges +€2,143
up €2,143 (+155%), from €1,380 to €3,523
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,183 | €159,110 | +€56,927 | +55.7% |
| Fixed assets | 21/28 | €47,512 | €56,848 | +€9,336 | +19.6% |
| Intangible fixed assets | 21 | €47,512 | €47,416 | -€96 | -0.2% |
| Tangible fixed assets | 22/27 | - | €1,095 | +€1,095 | |
| Furniture and vehicles | 24 | - | €1,095 | +€1,095 | |
| Financial fixed assets | 28 | - | €8,337 | +€8,337 | |
| Current assets | 29/58 | €54,671 | €102,262 | +€47,591 | +87.0% |
| Amounts receivable within one year | 40/41 | €43,690 | €40,676 | -€3,014 | -6.9% |
| Trade receivables | 40 | €29,961 | €39,705 | +€9,744 | +32.5% |
| Other amounts receivable | 41 | €13,729 | €971 | -€12,758 | -92.9% |
| Cash at bank and in hand | 54/58 | €10,981 | €61,519 | +€50,538 | +460% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €102,183 | €159,110 | +€56,927 | +55.7% |
| Equity | 10/15 | -€6,060 | €66,246 | +€72,306 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €64,246 | +€64,246 | |
| Distributable reserves | 133 | - | €64,246 | +€64,246 | |
| Profit (loss) carried forward | 14 | -€8,060 | - | +€8,060 | |
| Amounts payable | 17/49 | €108,243 | €92,864 | -€15,379 | -14.2% |
| Amounts payable after more than one year | 17 | €29,946 | €20,249 | -€9,697 | -32.4% |
| Financial debts | 170/4 | €29,946 | €20,249 | -€9,697 | -32.4% |
| Amounts payable within one year | 42/48 | €78,297 | €72,309 | -€5,988 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €16,129 | €18,618 | +€2,489 | +15.4% |
| Trade debts | 44 | €61,841 | €22,605 | -€39,236 | -63.4% |
| Suppliers | 440/4 | €61,841 | €22,605 | -€39,236 | -63.4% |
| Taxes, remuneration and social security | 45 | - | €31,086 | +€31,086 | |
| Taxes | 450/3 | - | €30,804 | +€30,804 | |
| Remuneration and social security | 454/9 | - | €282 | +€282 | |
| Other amounts payable | 47/48 | €327 | - | -€327 | |
| Accrued charges and deferred income | 492/3 | - | €306 | +€306 | |
| Remuneration, social security and pensions | 62 | - | €29,288 | +€29,288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €816 | €11,939 | +€11,123 | +1,363% |
| Other operating charges | 640/8 | €1,485 | €1,183 | -€302 | -20.3% |
| Gross operating margin | 9900 | -€4,379 | €139,812 | +€144,191 | |
| Operating profit (loss) | 9901 | -€6,680 | €97,402 | +€104,082 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €1,380 | €3,523 | +€2,143 | +155% |
| Recurring financial charges | 65 | €1,380 | €3,523 | +€2,143 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€8,060 | €93,901 | +€101,961 | |
| Income taxes | 67/77 | - | €21,595 | +€21,595 | |
| Profit (loss) for the period | 9904 | -€8,060 | €72,306 | +€80,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,060 | €72,306 | +€80,366 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.