Reinforce: 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.
Reinforce
Largest movements
- Intangible fixed assets +€77,897
up €77,897 (+822.5%), from €9,471 to €87,369
- Receivables within one year -€34,382
down €34,382 (-78.0%), from €44,101 to €9,719
of which Trade receivables: -€19,888
- Deferred charges and accrued income -€13,300
down €13,300 (-100.0%), from €13,300 to €0
- Cash +€2,575
up €2,575 (+1220.1%), from €211 to €2,786
mainly Contributions, distributions and other (+€55,000) and Other debts (+€36,000)
- Contributions +€55,000
up €55,000 (+99.9%), from €55,050 to €110,050
- Other debts +€36,000
new in 2025: €36,000
- Profit (loss) carried forward -€33,403
down €33,403 (-153.6%), from -€21,745 to -€55,148
- Trade debts -€14,807
down €14,807 (-62.3%), from €23,778 to €8,971
- Accrued charges and deferred income -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Depreciation +€10,394
up €10,394 (+608.3%), from €1,709 to €12,103
- Gross operating margin -€1,157
down €1,157 (-5.8%), from -€19,883 to -€21,040
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 | €67,083 | €99,873 | +€32,790 | +48.9% |
| Fixed assets | 21/28 | €9,471 | €87,369 | +€77,897 | +822.5% |
| Intangible fixed assets | 21 | €9,471 | €87,369 | +€77,897 | +822.5% |
| Current assets | 29/58 | €57,612 | €12,504 | -€45,108 | -78.3% |
| Amounts receivable within one year | 40/41 | €44,101 | €9,719 | -€34,382 | -78.0% |
| Trade receivables | 40 | €19,888 | €0 | -€19,888 | -100.0% |
| Other amounts receivable | 41 | €24,213 | €9,719 | -€14,494 | -59.9% |
| Cash at bank and in hand | 54/58 | €211 | €2,786 | +€2,575 | +1220.1% |
| Deferred charges and accrued income | 490/1 | €13,300 | €0 | -€13,300 | -100.0% |
| Total equity and liabilities | 10/49 | €67,083 | €99,873 | +€32,790 | +48.9% |
| Equity | 10/15 | €33,305 | €54,902 | +€21,597 | +64.8% |
| Contributions | 10/11 | €55,050 | €110,050 | +€55,000 | +99.9% |
| Profit (loss) carried forward | 14 | -€21,745 | -€55,148 | -€33,403 | -153.6% |
| Amounts payable | 17/49 | €33,778 | €44,971 | +€11,193 | +33.1% |
| Amounts payable within one year | 42/48 | €23,778 | €44,971 | +€21,193 | +89.1% |
| Trade debts | 44 | €23,778 | €8,971 | -€14,807 | -62.3% |
| Suppliers | 440/4 | €23,778 | €8,971 | -€14,807 | -62.3% |
| Other amounts payable | 47/48 | - | €36,000 | +€36,000 | |
| Accrued charges and deferred income | 492/3 | €10,000 | €0 | -€10,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,709 | €12,103 | +€10,394 | +608.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€19,883 | -€21,040 | -€1,157 | -5.8% |
| Operating profit (loss) | 9901 | -€21,979 | -€33,542 | -€11,563 | -52.6% |
| Financial income | 75/76B | €234 | €218 | -€17 | -7.2% |
| Recurring financial income | 75 | €234 | €218 | -€17 | -7.2% |
| Financial charges | 65/66B | - | €78 | +€78 | |
| Recurring financial charges | 65 | - | €78 | +€78 | |
| Profit (loss) for the period before taxes | 9903 | -€21,745 | -€33,403 | -€11,658 | -53.6% |
| Profit (loss) for the period | 9904 | -€21,745 | -€33,403 | -€11,658 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,745 | -€33,403 | -€11,658 | -53.6% |
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 3 October 2026 via checked.be.