Regulus Europe: 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.
Regulus Europe
Largest movements
- Receivables within one year -€10,305
down €10,305 (-51.7%), from €19,917 to €9,612
of which Trade receivables: -€19,406
- Tangible fixed assets +€1,382
new in 2025: €1,382
- Cash +€1,126
up €1,126 (+7.4%), from €15,173 to €16,298
mainly Receivables within one year (+€10,305) and Depreciation (+€439)
- Tax, wage and social debts -€4,015
down €4,015 (-100%), from €4,015 to €0
- Profit (loss) carried forward -€3,651
new in 2025: -€3,651
- Gross operating margin -€41,557
down €41,557, from €38,269 to -€3,288
- Taxes -€10,778
down €10,778 (-100%), from €10,778 to €0
- Depreciation +€439
new in 2025: €439
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 | €57,090 | €49,412 | -€7,678 | -13.4% |
| Fixed assets | 21/28 | - | €1,382 | +€1,382 | |
| Tangible fixed assets | 22/27 | - | €1,382 | +€1,382 | |
| Furniture and vehicles | 24 | - | €1,382 | +€1,382 | |
| Current assets | 29/58 | €57,090 | €48,031 | -€9,059 | -15.9% |
| Amounts receivable within one year | 40/41 | €19,917 | €9,612 | -€10,305 | -51.7% |
| Trade receivables | 40 | €19,406 | €0 | -€19,406 | -100% |
| Other amounts receivable | 41 | €511 | €9,612 | +€9,101 | +1,780% |
| Current investments | 50/53 | €22,000 | €22,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,173 | €16,298 | +€1,126 | +7.4% |
| Deferred charges and accrued income | 490/1 | €0 | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €57,090 | €49,412 | -€7,678 | -13.4% |
| Equity | 10/15 | €52,899 | €49,249 | -€3,651 | -6.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €49,399 | €49,399 | = | 0.0% |
| Distributable reserves | 133 | €49,399 | €49,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,651 | -€3,651 | |
| Amounts payable | 17/49 | €4,191 | €163 | -€4,027 | -96.1% |
| Amounts payable within one year | 42/48 | €4,191 | €163 | -€4,027 | -96.1% |
| Trade debts | 44 | €176 | €163 | -€12 | -7.1% |
| Suppliers | 440/4 | €176 | €163 | -€12 | -7.1% |
| Taxes, remuneration and social security | 45 | €4,015 | €0 | -€4,015 | -100% |
| Taxes | 450/3 | €4,015 | €0 | -€4,015 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €439 | +€439 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €38,269 | -€3,288 | -€41,557 | |
| Operating profit (loss) | 9901 | €38,151 | -€3,847 | -€41,998 | |
| Financial income | 75/76B | - | €292 | +€292 | |
| Recurring financial income | 75 | - | €292 | +€292 | |
| Financial charges | 65/66B | €93 | €96 | +€3 | +2.8% |
| Recurring financial charges | 65 | €93 | €96 | +€3 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €38,058 | -€3,651 | -€41,708 | |
| Income taxes | 67/77 | €10,778 | €0 | -€10,778 | -100% |
| Profit (loss) for the period | 9904 | €27,279 | -€3,651 | -€30,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,279 | -€3,651 | -€30,930 |
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 21 October 2026 via checked.be.