REGINALD: 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.
REGINALD
Largest movements
- Receivables within one year +€20,599
up €20,599 (+87.2%), from €23,628 to €44,227
of which Trade receivables: +€22,421
- Intangible fixed assets -€18,000
down €18,000 (-26.2%), from €68,696 to €50,696
- Cash +€11,557
up €11,557 (+35.9%), from €32,187 to €43,745
mainly Depreciation (+€27,366) and Net result for the year (+€15,915)
- Tangible fixed assets +€4,973
up €4,973 (+26.2%), from €18,961 to €23,935
of which Furniture and vehicles: +€5,373
- Deferred charges and accrued income -€1,915
down €1,915 (-100.0%), from €1,915 to €0
- Reserves +€14,715
up €14,715 (+188.0%), from €7,828 to €22,543
- Debts after one year +€8,252
up €8,252 (+7.0%), from €117,059 to €125,311
- Trade debts -€5,752
down €5,752 (-83.4%), from €6,900 to €1,149
- Staff costs -€7,845
down €7,845 (-100.0%), from €7,845 to €0
- Depreciation +€6,818
up €6,818 (+33.2%), from €20,547 to €27,366
- Taxes +€1,271
up €1,271 (+18.7%), from €6,805 to €8,076
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,387 | €162,602 | +€17,215 | +11.8% |
| Fixed assets | 21/28 | €87,657 | €74,631 | -€13,027 | -14.9% |
| Intangible fixed assets | 21 | €68,696 | €50,696 | -€18,000 | -26.2% |
| Tangible fixed assets | 22/27 | €18,961 | €23,935 | +€4,973 | +26.2% |
| Furniture and vehicles | 24 | €17,761 | €23,135 | +€5,373 | +30.3% |
| Other tangible fixed assets | 26 | €1,200 | €800 | -€400 | -33.3% |
| Current assets | 29/58 | €57,730 | €87,972 | +€30,242 | +52.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,628 | €44,227 | +€20,599 | +87.2% |
| Trade receivables | 40 | €7,874 | €30,296 | +€22,421 | +284.7% |
| Other amounts receivable | 41 | €15,754 | €13,932 | -€1,822 | -11.6% |
| Cash at bank and in hand | 54/58 | €32,187 | €43,745 | +€11,557 | +35.9% |
| Deferred charges and accrued income | 490/1 | €1,915 | €0 | -€1,915 | -100.0% |
| Total equity and liabilities | 10/49 | €145,387 | €162,602 | +€17,215 | +11.8% |
| Equity | 10/15 | €20,228 | €34,943 | +€14,715 | +72.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €7,828 | €22,543 | +€14,715 | +188.0% |
| Distributable reserves | 133 | €7,828 | €22,543 | +€14,715 | +188.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,159 | €127,660 | +€2,501 | +2.0% |
| Amounts payable after more than one year | 17 | €117,059 | €125,311 | +€8,252 | +7.0% |
| Other amounts payable | 178/9 | €117,059 | €125,311 | +€8,252 | +7.0% |
| Amounts payable within one year | 42/48 | €8,100 | €2,349 | -€5,752 | -71.0% |
| Trade debts | 44 | €6,900 | €1,149 | -€5,752 | -83.4% |
| Suppliers | 440/4 | €6,900 | €1,149 | -€5,752 | -83.4% |
| Other amounts payable | 47/48 | €1,200 | €1,200 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,845 | €0 | -€7,845 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,547 | €27,366 | +€6,818 | +33.2% |
| Other operating charges | 640/8 | €1,828 | €1,311 | -€518 | -28.3% |
| Gross operating margin | 9900 | €52,836 | €52,703 | -€133 | -0.3% |
| Operating profit (loss) | 9901 | €22,615 | €24,027 | +€1,412 | +6.2% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €37 | €45 | +€8 | +21.7% |
| Recurring financial charges | 65 | €37 | €45 | +€8 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €22,578 | €23,991 | +€1,413 | +6.3% |
| Income taxes | 67/77 | €6,805 | €8,076 | +€1,271 | +18.7% |
| Profit (loss) for the period | 9904 | €15,772 | €15,915 | +€142 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,772 | €15,915 | +€142 | +0.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.