REIGEL LIGHTING: 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.
REIGEL LIGHTING
Largest movements
- Cash -€69,203
down €69,203 (-63.6%), from €108,870 to €39,666
mainly Receivables within one year (-€54,024) and Trade debts (-€34,137)
- Receivables within one year +€54,024
up €54,024 (+44.5%), from €121,325 to €175,348
of which Trade receivables: +€44,231
- Stocks and contracts -€13,195
down €13,195 (-16.0%), from €82,445 to €69,250
- Tangible fixed assets -€5,421
down €5,421 (-14.6%), from €37,057 to €31,636
of which Other tangible fixed assets: -€6,081
- Trade debts -€34,137
down €34,137 (-26.8%), from €127,204 to €93,067
- Tax, wage and social debts +€18,553
up €18,553 (+58.4%), from €31,761 to €50,314
of which Taxes: +€11,558
- Other debts -€15,538
no longer reported in 2025 (was €15,538)
- Advances received -€6,191
down €6,191 (-70.1%), from €8,834 to €2,643
- Gross operating margin -€15,677
down €15,677 (-20.9%), from €75,121 to €59,444
- Staff costs -€2,500
down €2,500 (-5.5%), from €45,511 to €43,011
- Depreciation +€861
up €861 (+9.7%), from €8,843 to €9,704
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.
Cash bridge derived
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 | €351,756 | €317,715 | -€34,041 | -9.7% |
| Fixed assets | 21/28 | €37,612 | €32,191 | -€5,421 | -14.4% |
| Tangible fixed assets | 22/27 | €37,057 | €31,636 | -€5,421 | -14.6% |
| Furniture and vehicles | 24 | €7,010 | €7,669 | +€659 | +9.4% |
| Other tangible fixed assets | 26 | €30,048 | €23,967 | -€6,081 | -20.2% |
| Financial fixed assets | 28 | €555 | €555 | = | 0.0% |
| Current assets | 29/58 | €314,143 | €285,523 | -€28,620 | -9.1% |
| Stocks and contracts in progress | 3 | €82,445 | €69,250 | -€13,195 | -16.0% |
| Stocks | 30/36 | €82,445 | €69,250 | -€13,195 | -16.0% |
| Amounts receivable within one year | 40/41 | €121,325 | €175,348 | +€54,024 | +44.5% |
| Trade receivables | 40 | €120,525 | €164,756 | +€44,231 | +36.7% |
| Other amounts receivable | 41 | €800 | €10,593 | +€9,793 | +1224.0% |
| Cash at bank and in hand | 54/58 | €108,870 | €39,666 | -€69,203 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,504 | €1,259 | -€245 | -16.3% |
| Total equity and liabilities | 10/49 | €351,756 | €317,715 | -€34,041 | -9.7% |
| Equity | 10/15 | €164,419 | €167,691 | +€3,273 | +2.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,581 | -€132,309 | +€3,273 | +2.4% |
| Amounts payable | 17/49 | €187,337 | €150,023 | -€37,313 | -19.9% |
| Amounts payable within one year | 42/48 | €187,337 | €150,023 | -€37,313 | -19.9% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €127,204 | €93,067 | -€34,137 | -26.8% |
| Suppliers | 440/4 | €127,204 | €93,067 | -€34,137 | -26.8% |
| Advances received on contracts in progress | 46 | €8,834 | €2,643 | -€6,191 | -70.1% |
| Taxes, remuneration and social security | 45 | €31,761 | €50,314 | +€18,553 | +58.4% |
| Taxes | 450/3 | €27,335 | €38,893 | +€11,558 | +42.3% |
| Remuneration and social security | 454/9 | €4,427 | €11,421 | +€6,994 | +158.0% |
| Other amounts payable | 47/48 | €15,538 | - | -€15,538 | |
| Remuneration, social security and pensions | 62 | €45,511 | €43,011 | -€2,500 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,843 | €9,704 | +€861 | +9.7% |
| Other operating charges | 640/8 | €917 | €854 | -€63 | -6.9% |
| Gross operating margin | 9900 | €75,121 | €59,444 | -€15,677 | -20.9% |
| Operating profit (loss) | 9901 | €19,850 | €5,876 | -€13,974 | -70.4% |
| Financial income | 75/76B | - | €362 | +€362 | |
| Recurring financial income | 75 | - | €362 | +€362 | |
| Financial charges | 65/66B | €3,326 | €2,604 | -€722 | -21.7% |
| Recurring financial charges | 65 | €3,326 | €2,604 | -€722 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €16,524 | €3,634 | -€12,890 | -78.0% |
| Income taxes | 67/77 | €378 | €361 | -€17 | -4.4% |
| Profit (loss) for the period | 9904 | €16,146 | €3,273 | -€12,874 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,146 | €3,273 | -€12,874 | -79.7% |
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 9 October 2026 via checked.be.