REGNIER: 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.
REGNIER
Largest movements
- Current investments +€38,670
up €38,670 (+98.0%), from €39,479 to €78,149
- Cash +€21,736
up €21,736 (+58.6%), from €37,079 to €58,815
mainly Net result for the year (+€56,499) and Depreciation (+€14,291)
- Tangible fixed assets -€12,341
down €12,341 (-22.0%), from €56,133 to €43,791
- Receivables within one year +€9,879
up €9,879 (+193%), from €5,128 to €15,007
of which Trade receivables: +€12,129
- Reserves +€55,666
up €55,666 (+73.5%), from €75,730 to €131,396
- Tax, wage and social debts +€3,236
up €3,236 (+27.9%), from €11,610 to €14,845
- Gross operating margin -€23,637
down €23,637 (-20.1%), from €117,878 to €94,240
- Taxes -€6,452
down €6,452 (-22.8%), from €28,323 to €21,871
- Depreciation +€2,020
up €2,020 (+16.5%), from €12,271 to €14,291
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 | €139,411 | €198,129 | +€58,718 | +42.1% |
| Fixed assets | 21/28 | €56,133 | €43,791 | -€12,341 | -22.0% |
| Tangible fixed assets | 22/27 | €56,133 | €43,791 | -€12,341 | -22.0% |
| Furniture and vehicles | 24 | €56,133 | €43,791 | -€12,341 | -22.0% |
| Current assets | 29/58 | €83,279 | €154,338 | +€71,060 | +85.3% |
| Amounts receivable within one year | 40/41 | €5,128 | €15,007 | +€9,879 | +193% |
| Trade receivables | 40 | €20 | €12,149 | +€12,129 | +60,643% |
| Other amounts receivable | 41 | €5,108 | €2,859 | -€2,250 | -44.0% |
| Current investments | 50/53 | €39,479 | €78,149 | +€38,670 | +98.0% |
| Cash at bank and in hand | 54/58 | €37,079 | €58,815 | +€21,736 | +58.6% |
| Deferred charges and accrued income | 490/1 | €1,592 | €2,366 | +€775 | +48.7% |
| Total equity and liabilities | 10/49 | €139,411 | €198,129 | +€58,718 | +42.1% |
| Equity | 10/15 | €125,730 | €181,396 | +€55,666 | +44.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €75,730 | €131,396 | +€55,666 | +73.5% |
| Distributable reserves | 133 | €75,730 | €131,396 | +€55,666 | +73.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,681 | €16,733 | +€3,052 | +22.3% |
| Amounts payable within one year | 42/48 | €13,681 | €16,733 | +€3,052 | +22.3% |
| Financial debts | 43 | - | €9 | +€9 | |
| Credit institutions | 430/8 | - | €9 | +€9 | |
| Trade debts | 44 | €1,108 | €767 | -€341 | -30.8% |
| Suppliers | 440/4 | €1,108 | €767 | -€341 | -30.8% |
| Taxes, remuneration and social security | 45 | €11,610 | €14,845 | +€3,236 | +27.9% |
| Taxes | 450/3 | €11,610 | €14,845 | +€3,236 | +27.9% |
| Other amounts payable | 47/48 | €963 | €1,111 | +€148 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,271 | €14,291 | +€2,020 | +16.5% |
| Other operating charges | 640/8 | €136 | €195 | +€59 | +43.0% |
| Gross operating margin | 9900 | €117,878 | €94,240 | -€23,637 | -20.1% |
| Operating profit (loss) | 9901 | €105,471 | €79,755 | -€25,716 | -24.4% |
| Financial income | 75/76B | €0 | €23 | +€23 | +116,200% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +116,200% |
| Financial charges | 65/66B | €585 | €1,408 | +€823 | +141% |
| Recurring financial charges | 65 | €585 | €1,408 | +€823 | +141% |
| Profit (loss) for the period before taxes | 9903 | €104,886 | €78,370 | -€26,516 | -25.3% |
| Income taxes | 67/77 | €28,323 | €21,871 | -€6,452 | -22.8% |
| Profit (loss) for the period | 9904 | €76,563 | €56,499 | -€20,064 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,563 | €56,499 | -€20,064 | -26.2% |
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 14 October 2026 via checked.be.