Regent Property 4: 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 4
Largest movements
- Tangible fixed assets +€1.9m
up €1.9m (+11.0%), from €17.1m to €19.0m
of which Assets under construction and advance payments: +€2.4m
- Cash +€1.4m
up €1.4m (+278%), from €511,217 to €1.9m
mainly Contributions, distributions and other (+€12.1m) and Depreciation (+€549,839)
- Receivables within one year +€278,499
up €278,499 (+639%), from €43,588 to €322,087
of which Trade receivables: +€278,499
- Contributions +€12.1m
up €12.1m (+169%), from €7.2m to €19.3m
- Debts after one year -€6.4m
down €6.4m (-29.3%), from €21.9m to €15.5m
- Profit (loss) carried forward -€2.4m
down €2.4m (-20.9%), from -€11.3m to -€13.6m
- Financial charges -€468,850
down €468,850 (-31.8%), from €1.5m to €1.0m
- Financial income -€215,047
down €215,047 (-82.1%), from €261,838 to €46,791
- Gross operating margin -€44,592
down €44,592 (-12.4%), from -€359,834 to -€404,426
- Other operating charges +€34,592
up €34,592 (+8.5%), from €406,866 to €441,458
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 | €18,269,933 | €21,672,127 | +€3.4m | +18.6% |
| Fixed assets | 21/28 | €17,117,171 | €19,003,048 | +€1.9m | +11.0% |
| Tangible fixed assets | 22/27 | €17,117,171 | €19,003,048 | +€1.9m | +11.0% |
| Land and buildings | 22 | €15,330,553 | €14,780,715 | -€549,839 | -3.6% |
| Assets under construction and advance payments | 27 | €1,786,618 | €4,222,334 | +€2.4m | +136% |
| Current assets | 29/58 | €1,152,761 | €2,669,079 | +€1.5m | +132% |
| Amounts receivable after more than one year | 29 | €140,000 | €140,000 | = | 0.0% |
| Other amounts receivable | 291 | €140,000 | €140,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,588 | €322,087 | +€278,499 | +639% |
| Trade receivables | 40 | €43,588 | €322,087 | +€278,499 | +639% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €511,217 | €1,934,909 | +€1.4m | +278% |
| Deferred charges and accrued income | 490/1 | €457,956 | €272,084 | -€185,873 | -40.6% |
| Total equity and liabilities | 10/49 | €18,269,933 | €21,672,127 | +€3.4m | +18.6% |
| Equity | 10/15 | -€3,929,770 | €5,833,410 | +€9.8m | |
| Contributions | 10/11 | €7,161,290 | €19,281,225 | +€12.1m | +169% |
| Profit (loss) carried forward | 14 | -€11,291,060 | -€13,647,815 | -€2.4m | -20.9% |
| Investment grants | 15 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable | 17/49 | €22,199,703 | €15,838,717 | -€6.4m | -28.7% |
| Amounts payable after more than one year | 17 | €21,922,229 | €15,493,852 | -€6.4m | -29.3% |
| Financial debts | 170/4 | €21,922,229 | €15,493,852 | -€6.4m | -29.3% |
| Amounts payable within one year | 42/48 | €122,279 | €99,176 | -€23,103 | -18.9% |
| Trade debts | 44 | €106,680 | €35,151 | -€71,529 | -67.0% |
| Suppliers | 440/4 | €106,680 | €35,151 | -€71,529 | -67.0% |
| Taxes, remuneration and social security | 45 | €15,599 | €64,025 | +€48,426 | +310% |
| Taxes | 450/3 | €15,599 | €64,025 | +€48,426 | +310% |
| Accrued charges and deferred income | 492/3 | €155,194 | €245,689 | +€90,495 | +58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €549,839 | €549,839 | = | 0.0% |
| Other operating charges | 640/8 | €406,866 | €441,458 | +€34,592 | +8.5% |
| Gross operating margin | 9900 | -€359,834 | -€404,426 | -€44,592 | -12.4% |
| Operating profit (loss) | 9901 | -€1,316,538 | -€1,395,722 | -€79,185 | -6.0% |
| Financial income | 75/76B | €261,838 | €46,791 | -€215,047 | -82.1% |
| Recurring financial income | 75 | €261,838 | €46,791 | -€215,047 | -82.1% |
| Financial charges | 65/66B | €1,476,674 | €1,007,824 | -€468,850 | -31.8% |
| Recurring financial charges | 65 | €1,476,674 | €1,007,824 | -€468,850 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,531,374 | -€2,356,755 | +€174,618 | +6.9% |
| Profit (loss) for the period | 9904 | -€2,531,374 | -€2,356,755 | +€174,618 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,531,374 | -€2,356,755 | +€174,618 | +6.9% |
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 27 October 2026 via checked.be.