REGENESIA: 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.
REGENESIA
Largest movements
- Tangible fixed assets +€212,481
up €212,481 (+48.4%), from €438,616 to €651,097
of which Land and buildings: +€160,675
- Receivables within one year +€176,045
up €176,045 (+46.0%), from €382,569 to €558,613
of which Other amounts receivable: +€145,842
- Cash -€42,302
down €42,302 (-30.9%), from €136,850 to €94,548
mainly Investment in fixed assets (net) (-€243,574) and Receivables within one year (-€176,045)
- Revaluation surpluses +€174,067
new in 2025: €174,067
- Current portion of long-term debt +€74,003
up €74,003 (+384%), from €19,292 to €93,295
- Other debts +€50,000
new in 2025: €50,000
- Short-term financial debts +€35,000
new in 2025: €35,000
- Profit (loss) carried forward +€29,521
up €29,521 (+6.0%), from €488,857 to €518,378
- Gross operating margin -€197,204
down €197,204 (-55.5%), from €355,125 to €157,921
- Taxes -€55,455
down €55,455 (-63.6%), from €87,254 to €31,799
- Depreciation +€8,606
up €8,606 (+38.0%), from €22,656 to €31,262
- Financial charges +€3,902
up €3,902 (+22.7%), from €17,228 to €21,130
- Financial income +€3,563
up €3,563 (+63.3%), from €5,629 to €9,192
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 | €965,690 | €1,315,401 | +€349,711 | +36.2% |
| Fixed assets | 21/28 | €445,439 | €657,751 | +€212,312 | +47.7% |
| Intangible fixed assets | 21 | €4,873 | €4,704 | -€169 | -3.5% |
| Tangible fixed assets | 22/27 | €438,616 | €651,097 | +€212,481 | +48.4% |
| Land and buildings | 22 | €358,742 | €519,417 | +€160,675 | +44.8% |
| Plant, machinery and equipment | 23 | - | €47,863 | +€47,863 | |
| Furniture and vehicles | 24 | €19,618 | €30,257 | +€10,639 | +54.2% |
| Other tangible fixed assets | 26 | €60,255 | €53,560 | -€6,695 | -11.1% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €520,251 | €657,650 | +€137,399 | +26.4% |
| Amounts receivable within one year | 40/41 | €382,569 | €558,613 | +€176,045 | +46.0% |
| Trade receivables | 40 | €264,030 | €294,233 | +€30,203 | +11.4% |
| Other amounts receivable | 41 | €118,538 | €264,380 | +€145,842 | +123% |
| Cash at bank and in hand | 54/58 | €136,850 | €94,548 | -€42,302 | -30.9% |
| Deferred charges and accrued income | 490/1 | €832 | €4,489 | +€3,656 | +439% |
| Total equity and liabilities | 10/49 | €965,690 | €1,315,401 | +€349,711 | +36.2% |
| Equity | 10/15 | €488,858 | €692,446 | +€203,588 | +41.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Revaluation surpluses | 12 | - | €174,067 | +€174,067 | |
| Profit (loss) carried forward | 14 | €488,857 | €518,378 | +€29,521 | +6.0% |
| Amounts payable | 17/49 | €476,832 | €622,955 | +€146,123 | +30.6% |
| Amounts payable after more than one year | 17 | €333,185 | €313,016 | -€20,169 | -6.1% |
| Financial debts | 170/4 | €333,185 | €313,016 | -€20,169 | -6.1% |
| Amounts payable within one year | 42/48 | €143,647 | €309,939 | +€166,292 | +116% |
| Current portion of amounts payable after more than one year | 42 | €19,292 | €93,295 | +€74,003 | +384% |
| Financial debts | 43 | - | €35,000 | +€35,000 | |
| Credit institutions | 430/8 | - | €35,000 | +€35,000 | |
| Trade debts | 44 | €10,589 | €24,224 | +€13,635 | +129% |
| Suppliers | 440/4 | €10,589 | €24,224 | +€13,635 | +129% |
| Taxes, remuneration and social security | 45 | €113,766 | €107,420 | -€6,347 | -5.6% |
| Taxes | 450/3 | €113,766 | €107,420 | -€6,347 | -5.6% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,656 | €31,262 | +€8,606 | +38.0% |
| Other operating charges | 640/8 | €2,749 | €3,402 | +€652 | +23.7% |
| Gross operating margin | 9900 | €355,125 | €157,921 | -€197,204 | -55.5% |
| Operating profit (loss) | 9901 | €329,720 | €123,258 | -€206,462 | -62.6% |
| Financial income | 75/76B | €5,629 | €9,192 | +€3,563 | +63.3% |
| Recurring financial income | 75 | €5,629 | €9,192 | +€3,563 | +63.3% |
| Financial charges | 65/66B | €17,228 | €21,130 | +€3,902 | +22.7% |
| Recurring financial charges | 65 | €17,228 | €21,130 | +€3,902 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €318,121 | €111,320 | -€206,801 | -65.0% |
| Income taxes | 67/77 | €87,254 | €31,799 | -€55,455 | -63.6% |
| Profit (loss) for the period | 9904 | €230,867 | €79,521 | -€151,346 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €230,867 | €79,521 | -€151,346 | -65.6% |
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 22 October 2026 via checked.be.