REIGER II: 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.
REIGER II
Largest movements
- Cash -€290,621
down €290,621 (-97.4%), from €298,288 to €7,668
mainly Net result for the year (-€570,061) and Trade debts (-€25,183)
- Receivables within one year -€182,462
down €182,462 (-26.0%), from €701,795 to €519,334
of which Other amounts receivable: -€182,265
- Profit (loss) carried forward -€570,061
down €570,061 (-77.4%), from -€736,534 to -€1.3m
- Other debts +€125,555
new in 2024: €125,555
- Trade debts -€25,183
down €25,183 (-81.5%), from €30,886 to €5,702
- Gross operating margin -€314,621
down €314,621 (-281%), from -€112,116 to -€426,736
- Financial charges +€61,780
up €61,780 (+166%), from €37,123 to €98,903
- Financial income +€9,486
up €9,486 (+155%), from €6,135 to €15,621
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,472,012 | €997,623 | -€474,389 | -32.2% |
| Fixed assets | 21/28 | €414,577 | €412,436 | -€2,141 | -0.5% |
| Tangible fixed assets | 22/27 | €414,577 | €412,436 | -€2,141 | -0.5% |
| Land and buildings | 22 | €414,577 | €412,436 | -€2,141 | -0.5% |
| Current assets | 29/58 | €1,057,435 | €585,186 | -€472,249 | -44.7% |
| Stocks and contracts in progress | 3 | €25,284 | €25,498 | +€214 | +0.8% |
| Contracts in progress | 37 | €25,284 | €25,498 | +€214 | +0.8% |
| Amounts receivable within one year | 40/41 | €701,795 | €519,334 | -€182,462 | -26.0% |
| Trade receivables | 40 | €14,521 | €14,324 | -€197 | -1.4% |
| Other amounts receivable | 41 | €687,274 | €505,009 | -€182,265 | -26.5% |
| Cash at bank and in hand | 54/58 | €298,288 | €7,668 | -€290,621 | -97.4% |
| Deferred charges and accrued income | 490/1 | €32,068 | €32,688 | +€620 | +1.9% |
| Total equity and liabilities | 10/49 | €1,472,012 | €997,623 | -€474,389 | -32.2% |
| Equity | 10/15 | -€303,574 | -€873,635 | -€570,061 | -188% |
| Contributions | 10/11 | €393,600 | €393,600 | = | 0.0% |
| Reserves | 13 | €39,360 | €39,360 | = | 0.0% |
| Distributable reserves | 133 | €39,360 | €39,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€736,534 | -€1,306,595 | -€570,061 | -77.4% |
| Amounts payable | 17/49 | €1,775,586 | €1,871,257 | +€95,672 | +5.4% |
| Amounts payable within one year | 42/48 | €1,770,886 | €1,871,257 | +€100,372 | +5.7% |
| Financial debts | 43 | €1,740,000 | €1,740,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,740,000 | €1,740,000 | = | 0.0% |
| Trade debts | 44 | €30,886 | €5,702 | -€25,183 | -81.5% |
| Suppliers | 440/4 | €30,886 | €5,702 | -€25,183 | -81.5% |
| Other amounts payable | 47/48 | - | €125,555 | +€125,555 | |
| Accrued charges and deferred income | 492/3 | €4,700 | - | -€4,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,780 | €2,141 | +€361 | +20.3% |
| Other operating charges | 640/8 | €55,515 | €57,902 | +€2,387 | +4.3% |
| Gross operating margin | 9900 | -€112,116 | -€426,736 | -€314,621 | -281% |
| Operating profit (loss) | 9901 | -€169,411 | -€486,779 | -€317,368 | -187% |
| Financial income | 75/76B | €6,135 | €15,621 | +€9,486 | +155% |
| Recurring financial income | 75 | €6,135 | €15,621 | +€9,486 | +155% |
| Financial charges | 65/66B | €37,123 | €98,903 | +€61,780 | +166% |
| Recurring financial charges | 65 | €37,123 | €98,903 | +€61,780 | +166% |
| Profit (loss) for the period before taxes | 9903 | -€200,398 | -€570,061 | -€369,663 | -184% |
| Profit (loss) for the period | 9904 | -€200,398 | -€570,061 | -€369,663 | -184% |
| Profit (loss) for the period to be appropriated | 9905 | -€200,398 | -€570,061 | -€369,663 | -184% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.