REGAL: 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.
REGAL
Largest movements
- Receivables within one year +€25,543
up €25,543 (+186%), from €13,735 to €39,278
of which Trade receivables: +€29,457
- Cash -€10,796
down €10,796 (-21.7%), from €49,790 to €38,994
mainly Receivables within one year (-€25,543) and Net result for the year (-€4,218)
- Tangible fixed assets -€1,123
down €1,123 (-27.6%), from €4,075 to €2,952
- Contributions +€11,921
up €11,921 (+24.0%), from €49,579 to €61,500
- Trade debts +€10,295
up €10,295 (+185%), from €5,572 to €15,867
- Profit (loss) carried forward -€4,218
down €4,218 (-78.6%), from -€5,366 to -€9,584
- Tax, wage and social debts -€2,385
down €2,385 (-41.4%), from €5,761 to €3,376
of which Taxes: -€2,385
- Other debts -€1,914
down €1,914 (-68.2%), from €2,807 to €893
- Gross operating margin +€3,676
up €3,676 (+85.9%), from -€4,281 to -€605
- Taxes +€1,991
up €1,991 (+423%), from €470 to €2,461
- Financial income +€1,472
up €1,472 (+49,061%), from €3 to €1,475
of which Non-recurring financial income: +€1,474
- Other operating charges -€359
down €359 (-21.3%), from €1,688 to €1,328
- Financial charges +€45
up €45 (+34.4%), from €131 to €175
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 | €68,752 | €82,480 | +€13,728 | +20.0% |
| Fixed assets | 21/28 | €4,075 | €2,952 | -€1,123 | -27.6% |
| Tangible fixed assets | 22/27 | €4,075 | €2,952 | -€1,123 | -27.6% |
| Furniture and vehicles | 24 | €4,075 | €2,952 | -€1,123 | -27.6% |
| Current assets | 29/58 | €64,677 | €79,528 | +€14,851 | +23.0% |
| Amounts receivable within one year | 40/41 | €13,735 | €39,278 | +€25,543 | +186% |
| Trade receivables | 40 | €7,144 | €36,601 | +€29,457 | +412% |
| Other amounts receivable | 41 | €6,592 | €2,677 | -€3,914 | -59.4% |
| Cash at bank and in hand | 54/58 | €49,790 | €38,994 | -€10,796 | -21.7% |
| Deferred charges and accrued income | 490/1 | €1,152 | €1,256 | +€104 | +9.0% |
| Total equity and liabilities | 10/49 | €68,752 | €82,480 | +€13,728 | +20.0% |
| Equity | 10/15 | €54,613 | €62,316 | +€7,703 | +14.1% |
| Contributions | 10/11 | €49,579 | €61,500 | +€11,921 | +24.0% |
| Capital | 10 | €49,579 | €61,500 | +€11,921 | +24.0% |
| Issued capital | 100 | €49,579 | €61,500 | +€11,921 | +24.0% |
| Reserves | 13 | €10,400 | €10,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €10,100 | €10,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,366 | -€9,584 | -€4,218 | -78.6% |
| Amounts payable | 17/49 | €14,140 | €20,164 | +€6,025 | +42.6% |
| Amounts payable within one year | 42/48 | €14,140 | €20,136 | +€5,996 | +42.4% |
| Trade debts | 44 | €5,572 | €15,867 | +€10,295 | +185% |
| Suppliers | 440/4 | €5,572 | €15,867 | +€10,295 | +185% |
| Taxes, remuneration and social security | 45 | €5,761 | €3,376 | -€2,385 | -41.4% |
| Taxes | 450/3 | €5,761 | €3,376 | -€2,385 | -41.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,807 | €893 | -€1,914 | -68.2% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,123 | €1,123 | = | 0.0% |
| Other operating charges | 640/8 | €1,688 | €1,328 | -€359 | -21.3% |
| Gross operating margin | 9900 | -€4,281 | -€605 | +€3,676 | +85.9% |
| Operating profit (loss) | 9901 | -€7,092 | -€3,057 | +€4,036 | +56.9% |
| Financial income | 75/76B | €3 | €1,475 | +€1,472 | +49,061% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -78.0% |
| Non-recurring financial income | 76B | - | €1,474 | +€1,474 | |
| Financial charges | 65/66B | €131 | €175 | +€45 | +34.4% |
| Recurring financial charges | 65 | €131 | €175 | +€45 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,220 | -€1,758 | +€5,462 | +75.7% |
| Income taxes | 67/77 | €470 | €2,461 | +€1,991 | +423% |
| Profit (loss) for the period | 9904 | -€7,690 | -€4,218 | +€3,472 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,690 | -€4,218 | +€3,472 | +45.1% |
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 16 October 2026 via checked.be.