REIM: what changed
Two fiscal 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.
REIM
Largest movements
- Tangible fixed assets -€29,944
down €29,944 (-2.2%), from €1.4m to €1.4m
of which Land and buildings: -€27,663
- Other debts -€20,914
down €20,914 (-5.5%), from €382,068 to €361,154
- Gross operating margin +€1,556
up €1,556 (+7.7%), from €20,320 to €21,876
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 | €1,388,558 | €1,358,400 | -€30,158 | -2.2% |
| Fixed assets | 21/28 | €1,388,297 | €1,358,354 | -€29,944 | -2.2% |
| Tangible fixed assets | 22/27 | €1,388,297 | €1,358,354 | -€29,944 | -2.2% |
| Land and buildings | 22 | €1,385,278 | €1,357,615 | -€27,663 | -2.0% |
| Plant, machinery and equipment | 23 | €3,020 | €739 | -€2,281 | -75.5% |
| Current assets | 29/58 | €261 | €46 | -€214 | -82.2% |
| Cash at bank and in hand | 54/58 | €261 | €46 | -€214 | -82.2% |
| Total equity and liabilities | 10/49 | €1,388,558 | €1,358,400 | -€30,158 | -2.2% |
| Equity | 10/15 | €1,006,374 | €997,119 | -€9,256 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €987,774 | €978,519 | -€9,256 | -0.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €987,774 | €978,519 | -€9,256 | -0.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €382,184 | €361,282 | -€20,902 | -5.5% |
| Amounts payable within one year | 42/48 | €382,184 | €361,282 | -€20,902 | -5.5% |
| Trade debts | 44 | €116 | €128 | +€12 | +10.3% |
| Suppliers | 440/4 | €116 | €128 | +€12 | +10.3% |
| Other amounts payable | 47/48 | €382,068 | €361,154 | -€20,914 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,944 | €29,944 | = | 0.0% |
| Other operating charges | 640/8 | €1,087 | €1,136 | +€50 | +4.6% |
| Gross operating margin | 9900 | €20,320 | €21,876 | +€1,556 | +7.7% |
| Operating profit (loss) | 9901 | -€10,710 | -€9,204 | +€1,506 | +14.1% |
| Financial income | 75/76B | €1 | €1 | -€0 | -33.3% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -33.3% |
| Financial charges | 65/66B | €0 | €53 | +€52 | +20948.0% |
| Recurring financial charges | 65 | €0 | €53 | +€52 | +20948.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,709 | -€9,256 | +€1,453 | +13.6% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -32.4% |
| Profit (loss) for the period | 9904 | -€10,709 | -€9,256 | +€1,453 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,709 | -€9,256 | +€1,453 | +13.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.