REI Group: 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.
What changed
REI Group
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€624,845
2024 · -€6,833+€631,678
Equity
€3.2m
2024 · €2.9m+€274,845
Cash
€5,627
2024 · €7,045-€1,418
Balance sheet total
€6.0m
2024 · €6.0m-€9,137
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€274,845
up €274,845 (+16.8%), from €1.6m to €1.9m
- Debts after one year -€255,364
down €255,364 (-10.5%), from €2.4m to €2.2m
- Current portion of long-term debt -€129,981
down €129,981 (-31.5%), from €412,438 to €282,457
- Other debts +€82,275
up €82,275 (+581%), from €14,160 to €96,435
Income statement
- Financial income +€585,642
up €585,642 (+4,052%), from €14,452 to €600,095
- Other operating income +€67,340
up €67,340 (+4.9%), from €1.4m to €1.4m
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.
Result 2024
-€6,833
Staff costs
+€34,900
Depreciation
+€1,716
Write-downs
-€2,929
Other operating charges
+€10
Other operating items
+€9,045
Financial income
+€585,642
Financial charges
+€10,460
Taxes
-€7,166
Result 2025
€624,845
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€790,883
Investment
-€56,956
Financing
-€735,345
Cash 2024
€7,045
From operations (derived)
+€790,883
Net result for the year
+€624,845
Depreciation
+€85,225
Receivables within one year
-€20,550
Trade debts
+€25,791
Tax, wage and social debts
-€6,558
Other debts
+€82,275
Accrued charges and deferred income
-€146
Investment (derived)
-€56,956
Investment in fixed assets (net)
-€56,956
Financing
-€735,345
Debts after one year
-€255,364
Current portion of long-term debt
-€129,981
Contributions, distributions and other
-€350,000
Cash 2025
€5,627
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,969,313 | €5,960,176 | -€9,137 | -0.2% |
| Fixed assets | 21/28 | €5,616,615 | €5,588,347 | -€28,268 | -0.5% |
| Tangible fixed assets | 22/27 | €1,517,190 | €1,488,922 | -€28,268 | -1.9% |
| Land and buildings | 22 | €1,150,446 | €1,119,136 | -€31,310 | -2.7% |
| Plant, machinery and equipment | 23 | €324,441 | €296,812 | -€27,630 | -8.5% |
| Furniture and vehicles | 24 | €17,297 | €20,102 | +€2,805 | +16.2% |
| Leasing and similar rights | 25 | €20,121 | €49,829 | +€29,708 | +148% |
| Other tangible fixed assets | 26 | €4,885 | €3,043 | -€1,842 | -37.7% |
| Financial fixed assets | 28 | €4,099,425 | €4,099,425 | = | 0.0% |
| Affiliated companies | 280/1 | €4,099,425 | €4,099,425 | = | 0.0% |
| Participating interests | 280 | €4,099,425 | €4,099,425 | = | 0.0% |
| Current assets | 29/58 | €352,698 | €371,829 | +€19,132 | +5.4% |
| Amounts receivable within one year | 40/41 | €345,653 | €366,203 | +€20,550 | +5.9% |
| Trade receivables | 40 | €345,653 | €366,203 | +€20,550 | +5.9% |
| Cash at bank and in hand | 54/58 | €7,045 | €5,627 | -€1,418 | -20.1% |
| Total equity and liabilities | 10/49 | €5,969,313 | €5,960,176 | -€9,137 | -0.2% |
| Equity | 10/15 | €2,942,400 | €3,217,245 | +€274,845 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,284,918 | €1,284,918 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,637,022 | €1,911,867 | +€274,845 | +16.8% |
| Amounts payable | 17/49 | €3,026,913 | €2,742,931 | -€283,982 | -9.4% |
| Amounts payable after more than one year | 17 | €2,426,579 | €2,171,216 | -€255,364 | -10.5% |
| Financial debts | 170/4 | €2,426,579 | €2,171,216 | -€255,364 | -10.5% |
| Leasing and similar obligations | 172 | €4,562 | €29,007 | +€24,445 | +536% |
| Credit institutions | 173 | €1,790,479 | €1,535,545 | -€254,934 | -14.2% |
| Other loans | 174 | €631,539 | €606,664 | -€24,875 | -3.9% |
| Amounts payable within one year | 42/48 | €600,175 | €571,703 | -€28,472 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €412,438 | €282,457 | -€129,981 | -31.5% |
| Trade debts | 44 | €90,930 | €116,721 | +€25,791 | +28.4% |
| Suppliers | 440/4 | €90,930 | €116,721 | +€25,791 | +28.4% |
| Taxes, remuneration and social security | 45 | €82,647 | €76,089 | -€6,558 | -7.9% |
| Taxes | 450/3 | €38,463 | €43,273 | +€4,810 | +12.5% |
| Remuneration and social security | 454/9 | €44,184 | €32,816 | -€11,368 | -25.7% |
| Other amounts payable | 47/48 | €14,160 | €96,435 | +€82,275 | +581% |
| Accrued charges and deferred income | 492/3 | €159 | €12 | -€146 | -92.3% |
| Operating income | 70/76A | €1,361,047 | €1,428,255 | +€67,208 | +4.9% |
| Other operating income | 74 | €1,360,914 | €1,428,255 | +€67,340 | +4.9% |
| Non-recurring operating income | 76A | €132 | - | -€132 | |
| Operating charges | 60/66A | €1,278,914 | €1,303,379 | +€24,466 | +1.9% |
| Goods for resale, raw materials and consumables | 60 | €178 | €10 | -€168 | -94.4% |
| Purchases | 600/8 | €178 | €10 | -€168 | -94.4% |
| Services and other goods | 61 | €863,009 | €921,340 | +€58,331 | +6.8% |
| Remuneration, social security and pensions | 62 | €325,110 | €290,210 | -€34,900 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,940 | €85,225 | -€1,716 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,071 | -€2,142 | +€2,929 | +57.8% |
| Other operating charges | 640/8 | €8,747 | €8,737 | -€10 | -0.1% |
| Operating profit (loss) | 9901 | €82,133 | €124,875 | +€42,742 | +52.0% |
| Financial income | 75/76B | €14,452 | €600,095 | +€585,642 | +4,052% |
| Recurring financial income | 75 | €14,452 | €600,095 | +€585,642 | +4,052% |
| Income from financial fixed assets | 750 | - | €600,000 | +€600,000 | |
| Other financial income | 752/9 | €14,452 | €95 | -€14,358 | -99.3% |
| Financial charges | 65/66B | €92,050 | €81,591 | -€10,460 | -11.4% |
| Recurring financial charges | 65 | €92,050 | €81,591 | -€10,460 | -11.4% |
| Debt charges | 650 | €80,727 | €81,411 | +€684 | +0.8% |
| Other financial charges | 652/9 | €11,323 | €180 | -€11,143 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €4,535 | €643,379 | +€638,844 | +14,087% |
| Income taxes | 67/77 | €11,368 | €18,534 | +€7,166 | +63.0% |
| Taxes | 670/3 | €11,368 | €18,534 | +€7,166 | +63.0% |
| Profit (loss) for the period | 9904 | -€6,833 | €624,845 | +€631,678 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,833 | €624,845 | +€631,678 |
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 20 October 2026 via checked.be.