REGEX: what changed
Two fiscal 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.
REGEX
Largest movements
- Cash -€81,039
down €81,039 (-37.6%), from €215,345 to €134,307
mainly Other debts (-€87,447) and Current investments (-€70,000)
- Current investments +€70,000
new in 2025: €70,000
- Receivables within one year -€35,994
down €35,994 (-31.0%), from €115,986 to €79,992
of which Other amounts receivable: -€34,266
- Other debts -€87,447
down €87,447 (-57.4%), from €152,353 to €64,906
- Reserves +€32,483
up €32,483 (+19.2%), from €168,987 to €201,470
- Tax, wage and social debts +€5,669
up €5,669 (+46.6%), from €12,177 to €17,846
of which Taxes: +€8,270
- Gross operating margin -€12,457
down €12,457 (-8.5%), from €146,575 to €134,117
- Staff costs -€10,694
down €10,694 (-61.1%), from €17,499 to €6,805
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.
Cash bridge derived
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 | €343,743 | €292,543 | -€51,200 | -14.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,394 | €6,091 | -€2,303 | -27.4% |
| Tangible fixed assets | 22/27 | €7,844 | €5,541 | -€2,303 | -29.4% |
| Furniture and vehicles | 24 | €7,844 | €5,541 | -€2,303 | -29.4% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €335,349 | €286,452 | -€48,897 | -14.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €115,986 | €79,992 | -€35,994 | -31.0% |
| Trade receivables | 40 | €81,700 | €79,972 | -€1,728 | -2.1% |
| Other amounts receivable | 41 | €34,285 | €19 | -€34,266 | -99.9% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €215,345 | €134,307 | -€81,039 | -37.6% |
| Deferred charges and accrued income | 490/1 | €4,017 | €2,153 | -€1,864 | -46.4% |
| Total equity and liabilities | 10/49 | €343,743 | €292,543 | -€51,200 | -14.9% |
| Equity | 10/15 | €173,987 | €206,470 | +€32,483 | +18.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €168,987 | €201,470 | +€32,483 | +19.2% |
| Distributable reserves | 133 | €168,987 | €201,470 | +€32,483 | +19.2% |
| Amounts payable | 17/49 | €169,756 | €86,073 | -€83,683 | -49.3% |
| Amounts payable within one year | 42/48 | €169,692 | €86,008 | -€83,684 | -49.3% |
| Trade debts | 44 | €3,137 | €2,406 | -€731 | -23.3% |
| Suppliers | 440/4 | €3,137 | €2,406 | -€731 | -23.3% |
| Advances received on contracts in progress | 46 | €2,025 | €850 | -€1,175 | -58.0% |
| Taxes, remuneration and social security | 45 | €12,177 | €17,846 | +€5,669 | +46.6% |
| Taxes | 450/3 | €9,576 | €17,846 | +€8,270 | +86.4% |
| Remuneration and social security | 454/9 | €2,601 | €0 | -€2,601 | -100.0% |
| Other amounts payable | 47/48 | €152,353 | €64,906 | -€87,447 | -57.4% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€1 | +2.0% |
| Remuneration, social security and pensions | 62 | €17,499 | €6,805 | -€10,694 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,221 | €3,286 | +€65 | +2.0% |
| Other operating charges | 640/8 | €1,135 | €1,172 | +€37 | +3.2% |
| Gross operating margin | 9900 | €146,575 | €134,117 | -€12,457 | -8.5% |
| Operating profit (loss) | 9901 | €124,719 | €122,855 | -€1,865 | -1.5% |
| Financial income | 75/76B | €657 | €269 | -€388 | -59.0% |
| Recurring financial income | 75 | €657 | €269 | -€388 | -59.0% |
| Financial charges | 65/66B | €2,487 | €2,152 | -€336 | -13.5% |
| Recurring financial charges | 65 | €2,487 | €2,152 | -€336 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €122,889 | €120,973 | -€1,917 | -1.6% |
| Income taxes | 67/77 | €27,687 | €27,514 | -€173 | -0.6% |
| Profit (loss) for the period | 9904 | €95,203 | €93,458 | -€1,744 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,203 | €93,458 | -€1,744 | -1.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.