REGNIER BASTIEN: 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 BASTIEN
Largest movements
- Tangible fixed assets +€125,828
up €125,828 (+139%), from €90,760 to €216,588
of which Plant, machinery and equipment: +€145,326
- Stocks and contracts +€25,567
up €25,567 (+1,222%), from €2,093 to €27,659
- Receivables within one year -€17,376
down €17,376 (-13.8%), from €126,124 to €108,748
of which Trade receivables: -€16,148
- Debts after one year +€122,355
new in 2025: €122,355
- Trade debts +€39,173
up €39,173 (+274%), from €14,307 to €53,480
- Current portion of long-term debt +€36,006
new in 2025: €36,006
- Reserves -€28,822
down €28,822 (-33.4%), from €86,287 to €57,466
- Tax, wage and social debts -€23,937
down €23,937 (-95.0%), from €25,189 to €1,253
of which Taxes: -€23,581
- Gross operating margin -€110,282
down €110,282 (-77.4%), from €142,575 to €32,293
- Taxes -€23,580
down €23,580, from €23,580 to -€0
- Depreciation +€9,240
up €9,240 (+19.6%), from €47,024 to €56,265
- Financial charges +€4,000
up €4,000 (+1,010%), from €396 to €4,397
- Staff costs -€2,188
down €2,188 (-16.4%), from €13,362 to €11,175
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 | €268,811 | €400,523 | +€131,712 | +49.0% |
| Fixed assets | 21/28 | €90,760 | €216,588 | +€125,828 | +139% |
| Tangible fixed assets | 22/27 | €90,760 | €216,588 | +€125,828 | +139% |
| Plant, machinery and equipment | 23 | €61,855 | €207,181 | +€145,326 | +235% |
| Furniture and vehicles | 24 | €28,905 | €9,407 | -€19,498 | -67.5% |
| Current assets | 29/58 | €178,051 | €183,935 | +€5,884 | +3.3% |
| Stocks and contracts in progress | 3 | €2,093 | €27,659 | +€25,567 | +1,222% |
| Stocks | 30/36 | €2,093 | €27,659 | +€25,567 | +1,222% |
| Amounts receivable within one year | 40/41 | €126,124 | €108,748 | -€17,376 | -13.8% |
| Trade receivables | 40 | €113,478 | €97,330 | -€16,148 | -14.2% |
| Other amounts receivable | 41 | €12,647 | €11,418 | -€1,228 | -9.7% |
| Cash at bank and in hand | 54/58 | €47,473 | €45,175 | -€2,298 | -4.8% |
| Deferred charges and accrued income | 490/1 | €2,361 | €2,353 | -€9 | -0.4% |
| Total equity and liabilities | 10/49 | €268,811 | €400,523 | +€131,712 | +49.0% |
| Equity | 10/15 | €105,277 | €64,633 | -€40,644 | -38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,287 | €57,466 | -€28,822 | -33.4% |
| Distributable reserves | 133 | €86,287 | €57,466 | -€28,822 | -33.4% |
| Profit (loss) carried forward | 14 | - | -€11,432 | -€11,432 | |
| Investment grants | 15 | €390 | - | -€390 | |
| Provisions and deferred taxes | 16 | €130 | - | -€130 | |
| Deferred taxes | 168 | €130 | - | -€130 | |
| Amounts payable | 17/49 | €163,404 | €335,890 | +€172,486 | +106% |
| Amounts payable after more than one year | 17 | - | €122,355 | +€122,355 | |
| Financial debts | 170/4 | - | €122,355 | +€122,355 | |
| Amounts payable within one year | 42/48 | €163,404 | €213,075 | +€49,671 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | - | €36,006 | +€36,006 | |
| Trade debts | 44 | €14,307 | €53,480 | +€39,173 | +274% |
| Suppliers | 440/4 | €14,307 | €53,480 | +€39,173 | +274% |
| Taxes, remuneration and social security | 45 | €25,189 | €1,253 | -€23,937 | -95.0% |
| Taxes | 450/3 | €23,594 | €13 | -€23,581 | -99.9% |
| Remuneration and social security | 454/9 | €1,595 | €1,240 | -€356 | -22.3% |
| Other amounts payable | 47/48 | €123,908 | €122,336 | -€1,572 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €460 | +€460 | |
| Remuneration, social security and pensions | 62 | €13,362 | €11,175 | -€2,188 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,024 | €56,265 | +€9,240 | +19.6% |
| Other operating charges | 640/8 | €1,266 | €1,231 | -€35 | -2.8% |
| Gross operating margin | 9900 | €142,575 | €32,293 | -€110,282 | -77.4% |
| Operating profit (loss) | 9901 | €80,922 | -€36,377 | -€117,300 | |
| Financial income | 75/76B | €390 | €390 | -€0 | 0.0% |
| Recurring financial income | 75 | €390 | €390 | -€0 | 0.0% |
| Financial charges | 65/66B | €396 | €4,397 | +€4,000 | +1,010% |
| Recurring financial charges | 65 | €396 | €4,397 | +€4,000 | +1,010% |
| Profit (loss) for the period before taxes | 9903 | €80,916 | -€40,384 | -€121,300 | |
| Transfer from deferred taxes | 780 | €130 | €130 | = | 0.0% |
| Income taxes | 67/77 | €23,580 | -€0 | -€23,580 | |
| Profit (loss) for the period | 9904 | €57,466 | -€40,254 | -€97,720 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,466 | -€40,254 | -€97,720 |
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 28 October 2026 via checked.be.