REGULATORY ENGINEERING OFFICE: 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.
REGULATORY ENGINEERING OFFICE
Largest movements
- Cash -€36,277
down €36,277 (-90.7%), from €39,998 to €3,721
mainly Receivables within one year (-€15,692) and Net result for the year (-€15,662)
- Receivables within one year +€15,692
up €15,692 (+361%), from €4,348 to €20,041
- Tangible fixed assets -€1,800
down €1,800 (-51.8%), from €3,472 to €1,672
- Deferred charges and accrued income +€648
up €648 (+50.0%), from €1,295 to €1,942
- Profit (loss) carried forward -€15,662
down €15,662, from €0 to -€15,662
- Tax, wage and social debts -€6,024
down €6,024 (-41.9%), from €14,372 to €8,348
- Gross operating margin -€43,172
down €43,172, from €30,016 to -€13,155
- Taxes -€3,607
down €3,607 (-100%), from €3,607 to €0
- Other operating charges -€1,875
down €1,875 (-74.4%), from €2,521 to €646
- Depreciation -€312
down €312 (-14.8%), from €2,112 to €1,800
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 | €49,113 | €27,377 | -€21,737 | -44.3% |
| Fixed assets | 21/28 | €3,472 | €1,672 | -€1,800 | -51.8% |
| Tangible fixed assets | 22/27 | €3,472 | €1,672 | -€1,800 | -51.8% |
| Furniture and vehicles | 24 | €3,472 | €1,672 | -€1,800 | -51.8% |
| Current assets | 29/58 | €45,642 | €25,705 | -€19,937 | -43.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,348 | €20,041 | +€15,692 | +361% |
| Trade receivables | 40 | €4,348 | €20,041 | +€15,692 | +361% |
| Cash at bank and in hand | 54/58 | €39,998 | €3,721 | -€36,277 | -90.7% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,942 | +€648 | +50.0% |
| Total equity and liabilities | 10/49 | €49,113 | €27,377 | -€21,737 | -44.3% |
| Equity | 10/15 | €33,301 | €17,639 | -€15,662 | -47.0% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €20,501 | €20,501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,641 | €18,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€15,662 | -€15,662 | |
| Amounts payable | 17/49 | €15,813 | €9,738 | -€6,075 | -38.4% |
| Amounts payable within one year | 42/48 | €15,813 | €9,738 | -€6,075 | -38.4% |
| Trade debts | 44 | €346 | €489 | +€143 | +41.4% |
| Suppliers | 440/4 | €346 | €489 | +€143 | +41.4% |
| Taxes, remuneration and social security | 45 | €14,372 | €8,348 | -€6,024 | -41.9% |
| Taxes | 450/3 | €14,372 | €8,348 | -€6,024 | -41.9% |
| Other amounts payable | 47/48 | €1,094 | €901 | -€193 | -17.7% |
| Non-recurring operating income | 76A | €4,447 | €0 | -€4,447 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,112 | €1,800 | -€312 | -14.8% |
| Other operating charges | 640/8 | €2,521 | €646 | -€1,875 | -74.4% |
| Gross operating margin | 9900 | €30,016 | -€13,155 | -€43,172 | |
| Operating profit (loss) | 9901 | €25,384 | -€15,601 | -€40,984 | |
| Financial income | 75/76B | €9 | €10 | +€0 | +4.6% |
| Recurring financial income | 75 | €9 | €10 | +€0 | +4.6% |
| Financial charges | 65/66B | €198 | €71 | -€127 | -64.0% |
| Recurring financial charges | 65 | €198 | €71 | -€127 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €25,195 | -€15,662 | -€40,857 | |
| Income taxes | 67/77 | €3,607 | €0 | -€3,607 | -100% |
| Profit (loss) for the period | 9904 | €21,588 | -€15,662 | -€37,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,588 | -€15,662 | -€37,250 |
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 29 October 2026 via checked.be.