RegioRail: 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.
RegioRail
Largest movements
- Financial fixed assets -€2.4m
down €2.4m (-10.3%), from €23.7m to €21.3m
- Profit (loss) carried forward -€6.2m
down €6.2m (-99.0%), from -€6.2m to -€12.4m
- Debts after one year +€5.9m
up €5.9m (+118%), from €5.0m to €10.9m
- Other debts -€2.2m
down €2.2m (-88.7%), from €2.4m to €274,777
- Financial charges +€3.3m
up €3.3m (+113%), from €2.9m to €6.2m
of which Non-recurring financial charges: +€3.1m
- Other operating charges +€38,992
up €38,992 (+291%), from €13,408 to €52,400
- Other operating income +€38,957
up €38,957 (+319%), from €12,225 to €51,182
- Financial income -€8,180
down €8,180 (-100.0%), from €8,180 to €0
- Turnover -€6,694
down €6,694 (-25.3%), from €26,445 to €19,751
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 | €23,722,595 | €21,305,924 | -€2.4m | -10.2% |
| Fixed assets | 21/28 | €23,690,000 | €21,250,624 | -€2.4m | -10.3% |
| Financial fixed assets | 28 | €23,690,000 | €21,250,624 | -€2.4m | -10.3% |
| Affiliated companies | 280/1 | €23,690,000 | €21,250,624 | -€2.4m | -10.3% |
| Participating interests | 280 | €23,690,000 | €21,250,624 | -€2.4m | -10.3% |
| Current assets | 29/58 | €32,595 | €55,300 | +€22,705 | +69.7% |
| Amounts receivable within one year | 40/41 | €28,636 | €32,625 | +€3,989 | +13.9% |
| Trade receivables | 40 | €26,445 | €30,173 | +€3,729 | +14.1% |
| Other amounts receivable | 41 | €2,191 | €2,451 | +€260 | +11.9% |
| Cash at bank and in hand | 54/58 | €3,959 | €22,675 | +€18,716 | +473% |
| Total equity and liabilities | 10/49 | €23,722,595 | €21,305,924 | -€2.4m | -10.2% |
| Equity | 10/15 | €16,275,237 | €10,112,948 | -€6.2m | -37.9% |
| Contributions | 10/11 | €22,500,000 | €22,500,000 | = | 0.0% |
| Capital | 10 | €22,500,000 | €22,500,000 | = | 0.0% |
| Issued capital | 100 | €22,500,000 | €22,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,224,763 | -€12,387,052 | -€6.2m | -99.0% |
| Amounts payable | 17/49 | €7,447,358 | €11,192,976 | +€3.7m | +50.3% |
| Amounts payable after more than one year | 17 | €5,000,000 | €10,900,000 | +€5.9m | +118% |
| Financial debts | 170/4 | €5,000,000 | €10,900,000 | +€5.9m | +118% |
| Other loans | 174 | €5,000,000 | €10,900,000 | +€5.9m | +118% |
| Amounts payable within one year | 42/48 | €2,447,168 | €292,976 | -€2.2m | -88.0% |
| Trade debts | 44 | €14,763 | €18,198 | +€3,436 | +23.3% |
| Suppliers | 440/4 | €14,763 | €18,198 | +€3,436 | +23.3% |
| Other amounts payable | 47/48 | €2,432,406 | €274,777 | -€2.2m | -88.7% |
| Accrued charges and deferred income | 492/3 | €190 | €0 | -€190 | -100% |
| Operating income | 70/76A | €38,670 | €70,933 | +€32,264 | +83.4% |
| Turnover | 70 | €26,445 | €19,751 | -€6,694 | -25.3% |
| Other operating income | 74 | €12,225 | €51,182 | +€38,957 | +319% |
| Operating charges | 60/66A | €37,652 | €70,174 | +€32,521 | +86.4% |
| Services and other goods | 61 | €24,245 | €17,774 | -€6,471 | -26.7% |
| Other operating charges | 640/8 | €13,408 | €52,400 | +€38,992 | +291% |
| Operating profit (loss) | 9901 | €1,017 | €760 | -€257 | -25.3% |
| Financial income | 75/76B | €8,180 | €0 | -€8,180 | -100.0% |
| Recurring financial income | 75 | €8,180 | €0 | -€8,180 | -100.0% |
| Income from current assets | 751 | €8,180 | - | -€8,180 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,895,084 | €6,163,048 | +€3.3m | +113% |
| Recurring financial charges | 65 | €85,084 | €223,672 | +€138,589 | +163% |
| Debt charges | 650 | €323,809 | €222,976 | -€100,833 | -31.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€239,438 | - | +€239,438 | |
| Other financial charges | 652/9 | €712 | €696 | -€16 | -2.3% |
| Non-recurring financial charges | 66B | €2,810,000 | €5,939,376 | +€3.1m | +111% |
| Profit (loss) for the period before taxes | 9903 | -€2,885,886 | -€6,162,289 | -€3.3m | -114% |
| Profit (loss) for the period | 9904 | -€2,885,886 | -€6,162,289 | -€3.3m | -114% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,885,886 | -€6,162,289 | -€3.3m | -114% |
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 30 October 2026 via checked.be.