REINE EXPRESS: 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.
REINE EXPRESS
Largest movements
- Cash +€6,777
up €6,777 (+120%), from €5,643 to €12,421
mainly Other debts (+€5,893) and Net result for the year (+€5,472)
- Stocks and contracts -€2,031
down €2,031 (-16.9%), from €12,036 to €10,005
- Tangible fixed assets -€1,356
down €1,356 (-46.2%), from €2,936 to €1,580
- Receivables within one year +€797
up €797 (+30,788%), from €3 to €800
of which Trade receivables: +€800
- Other debts +€5,893
new in 2025: €5,893
- Trade debts -€5,806
down €5,806 (-98.8%), from €5,876 to €71
- Profit (loss) carried forward +€5,472
up €5,472 (+51.2%), from €10,681 to €16,152
- Tax, wage and social debts -€1,258
down €1,258 (-61.0%), from €2,060 to €802
- Gross operating margin +€35,148
up €35,148 (+65.2%), from €53,876 to €89,023
- Staff costs +€32,166
up €32,166 (+69.7%), from €46,136 to €78,302
- Other operating charges +€1,455
up €1,455 (+300%), from €484 to €1,939
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 | €20,617 | €24,918 | +€4,301 | +20.9% |
| Fixed assets | 21/28 | €2,936 | €1,580 | -€1,356 | -46.2% |
| Tangible fixed assets | 22/27 | €2,936 | €1,580 | -€1,356 | -46.2% |
| Furniture and vehicles | 24 | €2,936 | €1,580 | -€1,356 | -46.2% |
| Current assets | 29/58 | €17,681 | €23,338 | +€5,657 | +32.0% |
| Stocks and contracts in progress | 3 | €12,036 | €10,005 | -€2,031 | -16.9% |
| Stocks | 30/36 | €12,036 | €10,005 | -€2,031 | -16.9% |
| Amounts receivable within one year | 40/41 | €3 | €800 | +€797 | +30,788% |
| Trade receivables | 40 | - | €800 | +€800 | |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €5,643 | €12,421 | +€6,777 | +120% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €20,617 | €24,918 | +€4,301 | +20.9% |
| Equity | 10/15 | €12,681 | €18,152 | +€5,472 | +43.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,681 | €16,152 | +€5,472 | +51.2% |
| Amounts payable | 17/49 | €7,937 | €6,766 | -€1,171 | -14.8% |
| Amounts payable within one year | 42/48 | €7,937 | €6,766 | -€1,171 | -14.8% |
| Trade debts | 44 | €5,876 | €71 | -€5,806 | -98.8% |
| Suppliers | 440/4 | €5,876 | €71 | -€5,806 | -98.8% |
| Taxes, remuneration and social security | 45 | €2,060 | €802 | -€1,258 | -61.0% |
| Taxes | 450/3 | €2,060 | €802 | -€1,258 | -61.0% |
| Other amounts payable | 47/48 | - | €5,893 | +€5,893 | |
| Remuneration, social security and pensions | 62 | €46,136 | €78,302 | +€32,166 | +69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €1,356 | +€224 | +19.8% |
| Other operating charges | 640/8 | €484 | €1,939 | +€1,455 | +300% |
| Gross operating margin | 9900 | €53,876 | €89,023 | +€35,148 | +65.2% |
| Operating profit (loss) | 9901 | €6,124 | €7,426 | +€1,303 | +21.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €269 | €270 | +€0 | 0.0% |
| Recurring financial charges | 65 | €269 | €270 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,854 | €7,157 | +€1,303 | +22.3% |
| Income taxes | 67/77 | €1,757 | €1,686 | -€71 | -4.0% |
| Profit (loss) for the period | 9904 | €4,098 | €5,472 | +€1,374 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,098 | €5,472 | +€1,374 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.