Regent Property 3: 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.
Regent Property 3
Largest movements
- Tangible fixed assets +€2.9m
up €2.9m (+15.7%), from €18.7m to €21.7m
of which Assets under construction and advance payments: +€3.6m
- Cash +€2.4m
up €2.4m (+170%), from €1.4m to €3.9m
mainly Contributions, distributions and other (+€15.2m) and Depreciation (+€642,158)
- Contributions +€15.2m
up €15.2m (+263%), from €5.8m to €21.0m
- Debts after one year -€7.4m
down €7.4m (-28.9%), from €25.7m to €18.3m
- Profit (loss) carried forward -€2.7m
down €2.7m (-23.7%), from -€11.3m to -€14.0m
- Gross operating margin -€961,215
down €961,215, from €548,890 to -€412,325
- Financial charges -€658,374
down €658,374 (-36.2%), from €1.8m to €1.2m
- Financial income -€234,838
down €234,838 (-82.1%), from €285,935 to €51,098
- Other operating charges +€28,828
up €28,828 (+6.0%), from €483,892 to €512,720
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 | €20,660,057 | €25,901,923 | +€5.2m | +25.4% |
| Fixed assets | 21/28 | €18,734,980 | €21,684,049 | +€2.9m | +15.7% |
| Tangible fixed assets | 22/27 | €18,734,980 | €21,684,049 | +€2.9m | +15.7% |
| Land and buildings | 22 | €18,204,654 | €17,562,496 | -€642,158 | -3.5% |
| Assets under construction and advance payments | 27 | €530,327 | €4,121,554 | +€3.6m | +677% |
| Current assets | 29/58 | €1,925,076 | €4,217,873 | +€2.3m | +119% |
| Amounts receivable within one year | 40/41 | €15,054 | €70,042 | +€54,988 | +365% |
| Trade receivables | 40 | €15,054 | €70,042 | +€54,988 | +365% |
| Cash at bank and in hand | 54/58 | €1,443,043 | €3,890,076 | +€2.4m | +170% |
| Deferred charges and accrued income | 490/1 | €466,979 | €257,756 | -€209,223 | -44.8% |
| Total equity and liabilities | 10/49 | €20,660,057 | €25,901,923 | +€5.2m | +25.4% |
| Equity | 10/15 | -€5,510,689 | €6,992,937 | +€12.5m | |
| Contributions | 10/11 | €5,782,604 | €20,965,034 | +€15.2m | +263% |
| Profit (loss) carried forward | 14 | -€11,293,293 | -€13,972,097 | -€2.7m | -23.7% |
| Amounts payable | 17/49 | €26,170,746 | €18,908,986 | -€7.3m | -27.7% |
| Amounts payable after more than one year | 17 | €25,734,271 | €18,284,642 | -€7.4m | -28.9% |
| Financial debts | 170/4 | €25,734,271 | €18,284,642 | -€7.4m | -28.9% |
| Amounts payable within one year | 42/48 | €202,936 | €367,395 | +€164,459 | +81.0% |
| Trade debts | 44 | €198,474 | €145,415 | -€53,059 | -26.7% |
| Suppliers | 440/4 | €198,474 | €145,415 | -€53,059 | -26.7% |
| Taxes, remuneration and social security | 45 | €4,462 | €221,980 | +€217,518 | +4,875% |
| Taxes | 450/3 | €4,462 | €221,980 | +€217,518 | +4,875% |
| Accrued charges and deferred income | 492/3 | €233,539 | €256,949 | +€23,410 | +10.0% |
| Non-recurring operating income | 76A | €403,668 | €0 | -€403,668 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642,158 | €642,158 | = | 0.0% |
| Other operating charges | 640/8 | €483,892 | €512,720 | +€28,828 | +6.0% |
| Gross operating margin | 9900 | €548,890 | -€412,325 | -€961,215 | |
| Operating profit (loss) | 9901 | -€577,160 | -€1,567,203 | -€990,043 | -172% |
| Financial income | 75/76B | €285,935 | €51,098 | -€234,838 | -82.1% |
| Recurring financial income | 75 | €285,935 | €51,098 | -€234,838 | -82.1% |
| Financial charges | 65/66B | €1,821,073 | €1,162,699 | -€658,374 | -36.2% |
| Recurring financial charges | 65 | €1,821,073 | €1,162,699 | -€658,374 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,112,297 | -€2,678,804 | -€566,507 | -26.8% |
| Profit (loss) for the period | 9904 | -€2,112,297 | -€2,678,804 | -€566,507 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,112,297 | -€2,678,804 | -€566,507 | -26.8% |
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 28 October 2026 via checked.be.