REIS-TOURS: 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.
REIS-TOURS
Largest movements
- Tangible fixed assets +€41,320
new in 2025: €41,320
- Cash -€16,887
down €16,887 (-13.1%), from €128,712 to €111,825
mainly Investment in fixed assets (net) (-€51,650) and Receivables within one year (-€6,838)
- Receivables within one year +€6,838
up €6,838 (+21.1%), from €32,430 to €39,268
- Stocks and contracts -€5,225
down €5,225 (-71.8%), from €7,280 to €2,055
- Profit (loss) carried forward +€25,722
up €25,722 (+16.7%), from €153,922 to €179,644
- Financial charges +€10,363
up €10,363 (+451%), from €2,300 to €12,663
- Staff costs +€7,774
up €7,774 (+31.1%), from €24,991 to €32,765
- Taxes -€6,587
no longer reported in 2025 (was €6,587)
- Depreciation +€4,830
up €4,830 (+87.8%), from €5,500 to €10,330
- Gross operating margin -€1,708
down €1,708 (-2.1%), from €83,251 to €81,543
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 | €203,422 | €229,468 | +€26,046 | +12.8% |
| Fixed assets | 21/28 | €35,000 | €76,320 | +€41,320 | +118% |
| Tangible fixed assets | 22/27 | - | €41,320 | +€41,320 | |
| Furniture and vehicles | 24 | - | €41,320 | +€41,320 | |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €168,422 | €153,148 | -€15,274 | -9.1% |
| Stocks and contracts in progress | 3 | €7,280 | €2,055 | -€5,225 | -71.8% |
| Stocks | 30/36 | €7,280 | €2,055 | -€5,225 | -71.8% |
| Amounts receivable within one year | 40/41 | €32,430 | €39,268 | +€6,838 | +21.1% |
| Other amounts receivable | 41 | €32,430 | €39,268 | +€6,838 | +21.1% |
| Cash at bank and in hand | 54/58 | €128,712 | €111,825 | -€16,887 | -13.1% |
| Total equity and liabilities | 10/49 | €203,422 | €229,468 | +€26,046 | +12.8% |
| Equity | 10/15 | €203,422 | €229,144 | +€25,722 | +12.6% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Contributions outside capital | 11 | €45,000 | €45,000 | = | 0.0% |
| Share premium | 1100/10 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €4,500 | €4,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Legal reserve | 130 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,922 | €179,644 | +€25,722 | +16.7% |
| Amounts payable | 17/49 | - | €324 | +€324 | |
| Amounts payable within one year | 42/48 | - | €324 | +€324 | |
| Taxes, remuneration and social security | 45 | - | €324 | +€324 | |
| Remuneration and social security | 454/9 | - | €324 | +€324 | |
| Remuneration, social security and pensions | 62 | €24,991 | €32,765 | +€7,774 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,500 | €10,330 | +€4,830 | +87.8% |
| Other operating charges | 640/8 | €1,500 | €63 | -€1,437 | -95.8% |
| Gross operating margin | 9900 | €83,251 | €81,543 | -€1,708 | -2.1% |
| Operating profit (loss) | 9901 | €51,260 | €38,385 | -€12,875 | -25.1% |
| Financial charges | 65/66B | €2,300 | €12,663 | +€10,363 | +451% |
| Recurring financial charges | 65 | €2,300 | €12,663 | +€10,363 | +451% |
| Profit (loss) for the period before taxes | 9903 | €48,960 | €25,722 | -€23,238 | -47.5% |
| Income taxes | 67/77 | €6,587 | - | -€6,587 | |
| Profit (loss) for the period | 9904 | €42,373 | €25,722 | -€16,651 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,373 | €25,722 | -€16,651 | -39.3% |
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 20 October 2026 via checked.be.