REIN-RODE: 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.
REIN-RODE
Largest movements
- Tangible fixed assets -€16,232
down €16,232 (-28.0%), from €57,984 to €41,751
of which Furniture and vehicles: -€14,007
- Cash +€4,243
up €4,243 (+1.7%), from €255,521 to €259,764
mainly Depreciation (+€19,267) and Trade debts (+€358)
- Profit (loss) carried forward -€14,320
down €14,320 (-16.9%), from €84,536 to €70,216
- Other operating charges -€7,776
down €7,776 (-94.5%), from €8,229 to €453
- Financial income -€2,124
down €2,124 (-35.3%), from €6,015 to €3,891
- Taxes -€491
down €491 (-56.7%), from €865 to €375
- Gross operating margin +€261
up €261 (+15.7%), from €1,659 to €1,920
- Financial charges -€243
down €243 (-86.9%), from €280 to €37
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 | €332,039 | €318,077 | -€13,962 | -4.2% |
| Formation expenses | 20 | €11,999 | €8,964 | -€3,035 | -25.3% |
| Fixed assets | 21/28 | €57,984 | €41,751 | -€16,232 | -28.0% |
| Tangible fixed assets | 22/27 | €57,984 | €41,751 | -€16,232 | -28.0% |
| Plant, machinery and equipment | 23 | €5,663 | €3,438 | -€2,225 | -39.3% |
| Furniture and vehicles | 24 | €52,321 | €38,313 | -€14,007 | -26.8% |
| Current assets | 29/58 | €262,057 | €267,362 | +€5,305 | +2.0% |
| Stocks and contracts in progress | 3 | €5,459 | €5,459 | = | 0.0% |
| Stocks | 30/36 | €5,459 | €5,459 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,077 | €1,843 | +€766 | +71.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,077 | €1,843 | +€766 | +71.1% |
| Cash at bank and in hand | 54/58 | €255,521 | €259,764 | +€4,243 | +1.7% |
| Deferred charges and accrued income | 490/1 | - | €296 | +€296 | |
| Total equity and liabilities | 10/49 | €332,039 | €318,077 | -€13,962 | -4.2% |
| Equity | 10/15 | €332,039 | €317,719 | -€14,320 | -4.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Uncalled capital | 101 | €1,053 | €1,053 | = | 0.0% |
| Reserves | 13 | €123,556 | €123,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €111,056 | €111,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,536 | €70,216 | -€14,320 | -16.9% |
| Amounts payable | 17/49 | €0 | €358 | +€358 | |
| Amounts payable within one year | 42/48 | €0 | €358 | +€358 | |
| Trade debts | 44 | €0 | €358 | +€358 | |
| Suppliers | 440/4 | €0 | €358 | +€358 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,312 | €19,267 | -€45 | -0.2% |
| Other operating charges | 640/8 | €8,229 | €453 | -€7,776 | -94.5% |
| Gross operating margin | 9900 | €1,659 | €1,920 | +€261 | +15.7% |
| Operating profit (loss) | 9901 | -€25,882 | -€17,800 | +€8,082 | +31.2% |
| Financial income | 75/76B | €6,015 | €3,891 | -€2,124 | -35.3% |
| Recurring financial income | 75 | €6,015 | €3,891 | -€2,124 | -35.3% |
| Financial charges | 65/66B | €280 | €37 | -€243 | -86.9% |
| Recurring financial charges | 65 | €280 | €37 | -€243 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,147 | -€13,945 | +€6,202 | +30.8% |
| Income taxes | 67/77 | €865 | €375 | -€491 | -56.7% |
| Profit (loss) for the period | 9904 | -€21,012 | -€14,320 | +€6,692 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,012 | -€14,320 | +€6,692 | +31.8% |
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 22 October 2026 via checked.be.