REGENBOOG: 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.
REGENBOOG
Largest movements
- Tangible fixed assets +€403,807
up €403,807 (+68.8%), from €586,607 to €990,414
- Cash +€38,656
up €38,656 (+233.5%), from €16,555 to €55,211
- Contributions +€430,000
up €430,000 (+60.1%), from €715,000 to €1.1m
- Other debts +€73,000
up €73,000 (+11.5%), from €636,019 to €709,019
- Profit (loss) carried forward -€59,033
down €59,033 (-7.9%), from -€750,550 to -€809,583
- Gross operating margin +€9,980
up €9,980, from -€2,062 to €7,918
- Depreciation +€6,254
up €6,254 (+30.1%), from €20,810 to €27,064
- Financial income +€538
new in 2025: €538
- Other operating charges +€255
up €255 (+6.9%), from €3,679 to €3,934
- Financial charges +€157
up €157 (+327.8%), from €48 to €205
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,162 | €1,045,786 | +€442,624 | +73.4% |
| Fixed assets | 21/28 | €586,607 | €990,414 | +€403,807 | +68.8% |
| Tangible fixed assets | 22/27 | €586,607 | €990,414 | +€403,807 | +68.8% |
| Land and buildings | 22 | €586,607 | €990,414 | +€403,807 | +68.8% |
| Current assets | 29/58 | €16,555 | €55,372 | +€38,817 | +234.5% |
| Amounts receivable within one year | 40/41 | - | €161 | +€161 | |
| Other amounts receivable | 41 | - | €161 | +€161 | |
| Cash at bank and in hand | 54/58 | €16,555 | €55,211 | +€38,656 | +233.5% |
| Total equity and liabilities | 10/49 | €603,162 | €1,045,786 | +€442,624 | +73.4% |
| Equity | 10/15 | -€34,200 | €336,767 | +€370,967 | |
| Contributions | 10/11 | €715,000 | €1,145,000 | +€430,000 | +60.1% |
| Capital | 10 | €715,000 | €1,145,000 | +€430,000 | +60.1% |
| Issued capital | 100 | €715,000 | €1,145,000 | +€430,000 | +60.1% |
| Reserves | 13 | €1,350 | €1,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,350 | €1,350 | = | 0.0% |
| Legal reserve | 130 | €980 | €980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €371 | €371 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€750,550 | -€809,583 | -€59,033 | -7.9% |
| Amounts payable | 17/49 | €637,361 | €709,019 | +€71,658 | +11.2% |
| Amounts payable within one year | 42/48 | €637,361 | €709,019 | +€71,658 | +11.2% |
| Trade debts | 44 | €1,342 | - | -€1,342 | |
| Suppliers | 440/4 | €1,342 | - | -€1,342 | |
| Other amounts payable | 47/48 | €636,019 | €709,019 | +€73,000 | +11.5% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,810 | €27,064 | +€6,254 | +30.1% |
| Other operating charges | 640/8 | €3,679 | €3,934 | +€255 | +6.9% |
| Gross operating margin | 9900 | -€2,062 | €7,918 | +€9,980 | |
| Operating profit (loss) | 9901 | -€26,551 | -€23,081 | +€3,470 | +13.1% |
| Financial income | 75/76B | - | €538 | +€538 | |
| Recurring financial income | 75 | - | €538 | +€538 | |
| Financial charges | 65/66B | €48 | €205 | +€157 | +327.8% |
| Recurring financial charges | 65 | €48 | €205 | +€157 | +327.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,599 | -€22,749 | +€3,850 | +14.5% |
| Profit (loss) for the period | 9904 | -€26,599 | -€22,749 | +€3,850 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,599 | -€22,749 | +€3,850 | +14.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.