Regaert-Pescod: what changed
Regaert-Pescod
Largest movements
- Cash +€139,963
up €139,963 (+141%), from €99,508 to €239,470
mainly Net result for the year (+€245,714) and Other debts (+€100,795)
- Deferred charges and accrued income -€14,834
down €14,834 (-14.8%), from €100,138 to €85,304
- Tangible fixed assets -€12,540
down €12,540 (-47.2%), from €26,570 to €14,030
of which Plant, machinery and equipment: -€7,516
- Other debts +€100,795
up €100,795 (+62.8%), from €160,593 to €261,388
- Tax, wage and social debts +€8,500
up €8,500 (+40.5%), from €20,999 to €29,499
of which Taxes: +€8,500
- Gross operating margin +€111,266
up €111,266 (+48.2%), from €230,669 to €341,935
- Taxes +€25,752
up €25,752 (+47.5%), from €54,205 to €79,957
- Financial income -€10,636
down €10,636 (-99.5%), from €10,687 to €51
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 | €229,006 | €338,804 | +€109,798 | +47.9% |
| Fixed assets | 21/28 | €26,570 | €14,030 | -€12,540 | -47.2% |
| Tangible fixed assets | 22/27 | €26,570 | €14,030 | -€12,540 | -47.2% |
| Plant, machinery and equipment | 23 | €16,169 | €8,653 | -€7,516 | -46.5% |
| Furniture and vehicles | 24 | €10,401 | €5,377 | -€5,025 | -48.3% |
| Current assets | 29/58 | €202,436 | €324,774 | +€122,338 | +60.4% |
| Amounts receivable within one year | 40/41 | €2,790 | €0 | -€2,790 | -100% |
| Trade receivables | 40 | €2,790 | €0 | -€2,790 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €99,508 | €239,470 | +€139,963 | +141% |
| Deferred charges and accrued income | 490/1 | €100,138 | €85,304 | -€14,834 | -14.8% |
| Total equity and liabilities | 10/49 | €229,006 | €338,804 | +€109,798 | +47.9% |
| Equity | 10/15 | €45,000 | €45,000 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €184,006 | €293,804 | +€109,798 | +59.7% |
| Amounts payable within one year | 42/48 | €184,006 | €293,804 | +€109,798 | +59.7% |
| Trade debts | 44 | €2,414 | €2,916 | +€502 | +20.8% |
| Suppliers | 440/4 | €2,414 | €2,916 | +€502 | +20.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €20,999 | €29,499 | +€8,500 | +40.5% |
| Taxes | 450/3 | €20,999 | €29,499 | +€8,500 | +40.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €160,593 | €261,388 | +€100,795 | +62.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,089 | €14,689 | +€601 | +4.3% |
| Other operating charges | 640/8 | €1,561 | €1,494 | -€67 | -4.3% |
| Gross operating margin | 9900 | €230,669 | €341,935 | +€111,266 | +48.2% |
| Operating profit (loss) | 9901 | €215,020 | €325,752 | +€110,732 | +51.5% |
| Financial income | 75/76B | €10,687 | €51 | -€10,636 | -99.5% |
| Recurring financial income | 75 | €10,687 | €51 | -€10,636 | -99.5% |
| Financial charges | 65/66B | €163 | €131 | -€32 | -19.5% |
| Recurring financial charges | 65 | €163 | €131 | -€32 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €225,544 | €325,672 | +€100,128 | +44.4% |
| Income taxes | 67/77 | €54,205 | €79,957 | +€25,752 | +47.5% |
| Profit (loss) for the period | 9904 | €171,339 | €245,714 | +€74,376 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €171,339 | €245,714 | +€74,376 | +43.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.