REGEON: 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.
REGEON
Largest movements
- Cash -€120,534
down €120,534 (-79.3%), from €151,913 to €31,378
mainly Other debts (-€136,874) and Investment in fixed assets (net) (-€110,260)
- Tangible fixed assets +€61,979
up €61,979 (+26.4%), from €235,175 to €297,154
of which Land and buildings: +€38,140
- Receivables within one year -€20,443
down €20,443 (-38.1%), from €53,691 to €33,248
of which Trade receivables: -€16,090
- Other debts -€136,874
down €136,874 (-95.6%), from €143,212 to €6,338
- Reserves +€49,949
up €49,949 (+40.3%), from €123,982 to €173,931
- Tax, wage and social debts -€19,637
down €19,637 (-74.9%), from €26,223 to €6,586
- Trade debts +€12,944
up €12,944 (+503%), from €2,571 to €15,516
- Debts after one year +€8,796
up €8,796 (+8.3%), from €105,434 to €114,230
- Gross operating margin +€65,339
up €65,339 (+99.2%), from €65,847 to €131,186
- Taxes +€17,773
up €17,773 (+355%), from €5,013 to €22,786
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 | €440,879 | €364,842 | -€76,037 | -17.2% |
| Fixed assets | 21/28 | €235,175 | €297,154 | +€61,979 | +26.4% |
| Tangible fixed assets | 22/27 | €235,175 | €297,154 | +€61,979 | +26.4% |
| Land and buildings | 22 | €170,118 | €208,258 | +€38,140 | +22.4% |
| Furniture and vehicles | 24 | €65,057 | €88,896 | +€23,839 | +36.6% |
| Current assets | 29/58 | €205,704 | €67,688 | -€138,016 | -67.1% |
| Amounts receivable within one year | 40/41 | €53,691 | €33,248 | -€20,443 | -38.1% |
| Trade receivables | 40 | €48,704 | €32,614 | -€16,090 | -33.0% |
| Other amounts receivable | 41 | €4,987 | €634 | -€4,353 | -87.3% |
| Cash at bank and in hand | 54/58 | €151,913 | €31,378 | -€120,534 | -79.3% |
| Deferred charges and accrued income | 490/1 | €100 | €3,061 | +€2,961 | +2,960% |
| Total equity and liabilities | 10/49 | €440,879 | €364,842 | -€76,037 | -17.2% |
| Equity | 10/15 | €142,582 | €192,531 | +€49,949 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,982 | €173,931 | +€49,949 | +40.3% |
| Distributable reserves | 133 | €123,982 | €173,931 | +€49,949 | +40.3% |
| Amounts payable | 17/49 | €298,297 | €172,311 | -€125,986 | -42.2% |
| Amounts payable after more than one year | 17 | €105,434 | €114,230 | +€8,796 | +8.3% |
| Financial debts | 170/4 | €105,434 | €114,230 | +€8,796 | +8.3% |
| Amounts payable within one year | 42/48 | €192,863 | €58,081 | -€134,782 | -69.9% |
| Current portion of amounts payable after more than one year | 42 | €20,857 | €29,641 | +€8,785 | +42.1% |
| Trade debts | 44 | €2,571 | €15,516 | +€12,944 | +503% |
| Suppliers | 440/4 | €2,571 | €15,516 | +€12,944 | +503% |
| Taxes, remuneration and social security | 45 | €26,223 | €6,586 | -€19,637 | -74.9% |
| Taxes | 450/3 | €26,223 | €6,586 | -€19,637 | -74.9% |
| Other amounts payable | 47/48 | €143,212 | €6,338 | -€136,874 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,572 | €48,281 | +€710 | +1.5% |
| Other operating charges | 640/8 | €2,003 | €1,896 | -€107 | -5.3% |
| Gross operating margin | 9900 | €65,847 | €131,186 | +€65,339 | +99.2% |
| Operating profit (loss) | 9901 | €16,272 | €81,009 | +€64,737 | +398% |
| Financial charges | 65/66B | €6,300 | €5,910 | -€391 | -6.2% |
| Recurring financial charges | 65 | €6,300 | €5,910 | -€391 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €9,972 | €75,099 | +€65,127 | +653% |
| Income taxes | 67/77 | €5,013 | €22,786 | +€17,773 | +355% |
| Profit (loss) for the period | 9904 | €4,959 | €52,313 | +€47,354 | +955% |
| Profit (loss) for the period to be appropriated | 9905 | €4,959 | €52,313 | +€47,354 | +955% |
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 19 October 2026 via checked.be.