Rego Partners: 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.
Rego Partners
Largest movements
- Receivables within one year -€103,270
down €103,270 (-68.7%), from €150,245 to €46,976
of which Trade receivables: -€113,795
- Cash -€70,986
down €70,986 (-27.0%), from €262,640 to €191,653
mainly Investment in fixed assets (net) (-€103,210) and Other debts (-€79,617)
- Tangible fixed assets +€47,558
up €47,558 (+33.3%), from €142,780 to €190,338
of which Furniture and vehicles: +€62,465
- Current investments -€20,000
down €20,000 (-100%), from €20,000 to €0
- Other debts -€79,617
down €79,617 (-100%), from €79,617 to €0
- Tax, wage and social debts -€42,322
down €42,322 (-79.5%), from €53,261 to €10,939
of which Taxes: -€47,511
- Debts after one year -€12,973
down €12,973 (-100%), from €12,973 to €0
- Profit (loss) carried forward -€11,162
down €11,162 (-8.0%), from -€139,366 to -€150,527
- Gross operating margin -€264,115
down €264,115 (-72.3%), from €365,430 to €101,315
- Taxes -€56,252
down €56,252 (-98.7%), from €56,981 to €728
- Other operating charges -€30,176
down €30,176 (-94.8%), from €31,838 to €1,662
- Depreciation +€18,394
up €18,394 (+49.4%), from €37,258 to €55,652
- Staff costs +€7,231
up €7,231 (+13.4%), from €53,787 to €61,017
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 | €884,857 | €738,956 | -€145,901 | -16.5% |
| Fixed assets | 21/28 | €451,972 | €499,530 | +€47,558 | +10.5% |
| Tangible fixed assets | 22/27 | €142,780 | €190,338 | +€47,558 | +33.3% |
| Plant, machinery and equipment | 23 | €33,725 | €27,349 | -€6,375 | -18.9% |
| Furniture and vehicles | 24 | €61,012 | €123,477 | +€62,465 | +102% |
| Other tangible fixed assets | 26 | €48,043 | €39,511 | -€8,531 | -17.8% |
| Financial fixed assets | 28 | €309,192 | €309,192 | = | 0.0% |
| Current assets | 29/58 | €432,885 | €239,426 | -€193,459 | -44.7% |
| Amounts receivable within one year | 40/41 | €150,245 | €46,976 | -€103,270 | -68.7% |
| Trade receivables | 40 | €150,245 | €36,450 | -€113,795 | -75.7% |
| Other amounts receivable | 41 | €0 | €10,525 | +€10,525 | |
| Current investments | 50/53 | €20,000 | €0 | -€20,000 | -100% |
| Cash at bank and in hand | 54/58 | €262,640 | €191,653 | -€70,986 | -27.0% |
| Deferred charges and accrued income | 490/1 | €0 | €797 | +€797 | |
| Total equity and liabilities | 10/49 | €884,857 | €738,956 | -€145,901 | -16.5% |
| Equity | 10/15 | €714,584 | €703,423 | -€11,162 | -1.6% |
| Contributions | 10/11 | €412,550 | €412,550 | = | 0.0% |
| Reserves | 13 | €441,400 | €441,400 | = | 0.0% |
| Distributable reserves | 133 | €441,400 | €441,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,366 | -€150,527 | -€11,162 | -8.0% |
| Amounts payable | 17/49 | €170,273 | €35,534 | -€134,739 | -79.1% |
| Amounts payable after more than one year | 17 | €12,973 | €0 | -€12,973 | -100% |
| Financial debts | 170/4 | €12,973 | €0 | -€12,973 | -100% |
| Amounts payable within one year | 42/48 | €157,299 | €35,534 | -€121,766 | -77.4% |
| Current portion of amounts payable after more than one year | 42 | €19,099 | €12,973 | -€6,125 | -32.1% |
| Trade debts | 44 | €5,323 | €11,621 | +€6,298 | +118% |
| Suppliers | 440/4 | €5,323 | €11,621 | +€6,298 | +118% |
| Taxes, remuneration and social security | 45 | €53,261 | €10,939 | -€42,322 | -79.5% |
| Taxes | 450/3 | €47,798 | €287 | -€47,511 | -99.4% |
| Remuneration and social security | 454/9 | €5,463 | €10,652 | +€5,189 | +95.0% |
| Other amounts payable | 47/48 | €79,617 | €0 | -€79,617 | -100% |
| Non-recurring operating income | 76A | €90,640 | €0 | -€90,640 | -100% |
| Remuneration, social security and pensions | 62 | €53,787 | €61,017 | +€7,231 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,258 | €55,652 | +€18,394 | +49.4% |
| Other operating charges | 640/8 | €31,838 | €1,662 | -€30,176 | -94.8% |
| Gross operating margin | 9900 | €365,430 | €101,315 | -€264,115 | -72.3% |
| Operating profit (loss) | 9901 | €242,547 | -€17,016 | -€259,563 | |
| Financial income | 75/76B | €750 | €7,467 | +€6,717 | +896% |
| Recurring financial income | 75 | €750 | €7,467 | +€6,717 | +896% |
| Financial charges | 65/66B | €1,415 | €884 | -€531 | -37.5% |
| Recurring financial charges | 65 | €1,415 | €884 | -€531 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €241,882 | -€10,433 | -€252,315 | |
| Income taxes | 67/77 | €56,981 | €728 | -€56,252 | -98.7% |
| Profit (loss) for the period | 9904 | €184,901 | -€11,162 | -€196,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €184,901 | -€11,162 | -€196,063 |
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 31 October 2026 via checked.be.