REGGLO: 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.
REGGLO
Largest movements
- Cash -€29,046
down €29,046 (-24.3%), from €119,539 to €90,494
mainly Net result for the year (-€16,708) and Contributions, distributions and other (-€14,222)
- Tangible fixed assets -€8,189
down €8,189 (-50.1%), from €16,330 to €8,141
of which Plant, machinery and equipment: -€7,236
- Receivables within one year +€3,746
up €3,746 (+15.6%), from €23,971 to €27,717
of which Other amounts receivable: +€9,722
- Profit (loss) carried forward -€16,708
down €16,708 (-42.2%), from €39,634 to €22,926
- Reserves -€10,000
down €10,000 (-11.6%), from €86,092 to €76,092
of which Distributable reserves: -€10,000
- Tax, wage and social debts -€4,541
down €4,541 (-27.4%), from €16,551 to €12,010
of which Taxes: -€7,780
- Investment grants -€4,222
down €4,222 (-50.5%), from €8,354 to €4,133
- Trade debts +€2,356
up €2,356 (+115%), from €2,042 to €4,398
- Gross operating margin -€65,162
down €65,162 (-90.4%), from €72,120 to €6,958
- Taxes -€15,058
down €15,058 (-97.8%), from €15,398 to €340
- Staff costs +€6,256
up €6,256 (+48.3%), from €12,959 to €19,215
- Depreciation -€1,522
down €1,522 (-15.7%), from €9,710 to €8,189
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 | €168,915 | €135,758 | -€33,156 | -19.6% |
| Fixed assets | 21/28 | €20,536 | €12,347 | -€8,189 | -39.9% |
| Tangible fixed assets | 22/27 | €16,330 | €8,141 | -€8,189 | -50.1% |
| Plant, machinery and equipment | 23 | €15,024 | €7,788 | -€7,236 | -48.2% |
| Furniture and vehicles | 24 | €1,306 | €353 | -€953 | -73.0% |
| Financial fixed assets | 28 | €4,206 | €4,206 | = | 0.0% |
| Current assets | 29/58 | €148,378 | €123,411 | -€24,967 | -16.8% |
| Stocks and contracts in progress | 3 | €4,395 | €5,200 | +€805 | +18.3% |
| Stocks | 30/36 | €4,395 | €5,200 | +€805 | +18.3% |
| Amounts receivable within one year | 40/41 | €23,971 | €27,717 | +€3,746 | +15.6% |
| Trade receivables | 40 | €23,971 | €17,995 | -€5,976 | -24.9% |
| Other amounts receivable | 41 | - | €9,722 | +€9,722 | |
| Cash at bank and in hand | 54/58 | €119,539 | €90,494 | -€29,046 | -24.3% |
| Deferred charges and accrued income | 490/1 | €473 | - | -€473 | |
| Total equity and liabilities | 10/49 | €168,915 | €135,758 | -€33,156 | -19.6% |
| Equity | 10/15 | €140,280 | €109,350 | -€30,930 | -22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,092 | €76,092 | -€10,000 | -11.6% |
| Tax-exempt reserves | 132 | €532 | €532 | = | 0.0% |
| Distributable reserves | 133 | €85,560 | €75,560 | -€10,000 | -11.7% |
| Profit (loss) carried forward | 14 | €39,634 | €22,926 | -€16,708 | -42.2% |
| Investment grants | 15 | €8,354 | €4,133 | -€4,222 | -50.5% |
| Amounts payable | 17/49 | €28,634 | €26,408 | -€2,226 | -7.8% |
| Amounts payable within one year | 42/48 | €28,634 | €26,408 | -€2,226 | -7.8% |
| Trade debts | 44 | €2,042 | €4,398 | +€2,356 | +115% |
| Suppliers | 440/4 | €2,042 | €4,398 | +€2,356 | +115% |
| Taxes, remuneration and social security | 45 | €16,551 | €12,010 | -€4,541 | -27.4% |
| Taxes | 450/3 | €15,634 | €7,854 | -€7,780 | -49.8% |
| Remuneration and social security | 454/9 | €917 | €4,155 | +€3,239 | +353% |
| Other amounts payable | 47/48 | €10,041 | €10,000 | -€41 | -0.4% |
| Remuneration, social security and pensions | 62 | €12,959 | €19,215 | +€6,256 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,710 | €8,189 | -€1,522 | -15.7% |
| Other operating charges | 640/8 | €1,381 | €1,402 | +€21 | +1.5% |
| Gross operating margin | 9900 | €72,120 | €6,958 | -€65,162 | -90.4% |
| Operating profit (loss) | 9901 | €48,070 | -€21,848 | -€69,917 | |
| Financial income | 75/76B | €5,472 | €6,063 | +€591 | +10.8% |
| Recurring financial income | 75 | €5,472 | €6,063 | +€591 | +10.8% |
| Financial charges | 65/66B | €699 | €584 | -€115 | -16.5% |
| Recurring financial charges | 65 | €699 | €584 | -€115 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €52,842 | -€16,368 | -€69,211 | |
| Income taxes | 67/77 | €15,398 | €340 | -€15,058 | -97.8% |
| Profit (loss) for the period | 9904 | €37,445 | -€16,708 | -€54,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,445 | -€16,708 | -€54,153 |
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 23 October 2026 via checked.be.