REINS: 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.
REINS
Largest movements
- Receivables within one year -€53,531
down €53,531 (-9.5%), from €560,825 to €507,294
of which Trade receivables: -€64,974
- Other debts +€93,951
up €93,951 (+13.1%), from €714,623 to €808,574
- Profit (loss) carried forward -€79,023
down €79,023 (-8.0%), from -€982,423 to -€1.1m
- Trade debts -€35,438
down €35,438 (-4.4%), from €797,942 to €762,505
- Advances received -€27,175
down €27,175 (-100.0%), from €27,175 to €0
- Gross operating margin +€478,478
up €478,478 (+83.5%), from -€573,362 to -€94,884
- Financial charges -€6,126
down €6,126 (-42.8%), from €14,315 to €8,188
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,651 | €514,632 | -€53,018 | -9.3% |
| Current assets | 29/58 | €567,651 | €514,632 | -€53,018 | -9.3% |
| Amounts receivable within one year | 40/41 | €560,825 | €507,294 | -€53,531 | -9.5% |
| Trade receivables | 40 | €558,325 | €493,351 | -€64,974 | -11.6% |
| Other amounts receivable | 41 | €2,500 | €13,943 | +€11,443 | +457.7% |
| Cash at bank and in hand | 54/58 | €6,826 | €7,338 | +€513 | +7.5% |
| Total equity and liabilities | 10/49 | €567,651 | €514,632 | -€53,018 | -9.3% |
| Equity | 10/15 | -€977,423 | -€1,056,446 | -€79,023 | -8.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€982,423 | -€1,061,446 | -€79,023 | -8.0% |
| Amounts payable | 17/49 | €1,545,074 | €1,571,078 | +€26,004 | +1.7% |
| Amounts payable within one year | 42/48 | €1,545,074 | €1,571,078 | +€26,004 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €797,942 | €762,505 | -€35,438 | -4.4% |
| Suppliers | 440/4 | €797,942 | €762,505 | -€35,438 | -4.4% |
| Advances received on contracts in progress | 46 | €27,175 | €0 | -€27,175 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,333 | €0 | -€5,333 | -100.0% |
| Taxes | 450/3 | €5,333 | €0 | -€5,333 | -100.0% |
| Other amounts payable | 47/48 | €714,623 | €808,574 | +€93,951 | +13.1% |
| Other operating charges | 640/8 | €2,429 | €3,442 | +€1,013 | +41.7% |
| Gross operating margin | 9900 | -€573,362 | -€94,884 | +€478,478 | +83.5% |
| Operating profit (loss) | 9901 | -€575,791 | -€98,326 | +€477,465 | +82.9% |
| Financial income | 75/76B | €937 | €317 | -€620 | -66.1% |
| Recurring financial income | 75 | €937 | €317 | -€620 | -66.1% |
| Financial charges | 65/66B | €14,315 | €8,188 | -€6,126 | -42.8% |
| Recurring financial charges | 65 | €14,315 | €8,188 | -€6,126 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€589,169 | -€106,198 | +€482,971 | +82.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€589,169 | -€106,198 | +€482,971 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€589,169 | -€106,198 | +€482,971 | +82.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.