REISGENOOT: 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.
REISGENOOT
Largest movements
- Cash +€115,665
up €115,665 (+122%), from €94,628 to €210,294
mainly Other debts (+€114,244) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets +€50,402
up €50,402 (+3,235%), from €1,558 to €51,961
of which Furniture and vehicles: +€51,409
- Receivables within one year -€46,778
down €46,778 (-82.8%), from €56,520 to €9,742
of which Trade receivables: -€44,735
- Reserves -€118,387
down €118,387 (-79.0%), from €149,856 to €31,470
of which Distributable reserves: -€118,387
- Other debts +€114,244
up €114,244 (+143%), from €79,710 to €193,953
- Tax, wage and social debts +€21,301
up €21,301 (+502%), from €4,242 to €25,543
- Gross operating margin +€9,919
up €9,919 (+21.6%), from €45,860 to €55,779
- Depreciation +€4,842
up €4,842 (+78.6%), from €6,157 to €10,999
- Financial income -€2,244
down €2,244 (-75.8%), from €2,962 to €717
- Financial charges -€989
down €989 (-16.4%), from €6,016 to €5,027
- Taxes +€877
up €877 (+11.8%), from €7,460 to €8,337
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 | €263,922 | €283,176 | +€19,254 | +7.3% |
| Fixed assets | 21/28 | €11,558 | €61,961 | +€50,402 | +436% |
| Tangible fixed assets | 22/27 | €1,558 | €51,961 | +€50,402 | +3,235% |
| Plant, machinery and equipment | 23 | €1,558 | €552 | -€1,007 | -64.6% |
| Furniture and vehicles | 24 | - | €51,409 | +€51,409 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €252,364 | €221,216 | -€31,148 | -12.3% |
| Amounts receivable within one year | 40/41 | €56,520 | €9,742 | -€46,778 | -82.8% |
| Trade receivables | 40 | €49,016 | €4,280 | -€44,735 | -91.3% |
| Other amounts receivable | 41 | €7,504 | €5,462 | -€2,042 | -27.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €94,628 | €210,294 | +€115,665 | +122% |
| Deferred charges and accrued income | 490/1 | €1,216 | €1,180 | -€36 | -2.9% |
| Total equity and liabilities | 10/49 | €263,922 | €283,176 | +€19,254 | +7.3% |
| Equity | 10/15 | €179,856 | €61,470 | -€118,387 | -65.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €149,856 | €31,470 | -€118,387 | -79.0% |
| Tax-exempt reserves | 132 | €1,607 | €1,607 | = | 0.0% |
| Distributable reserves | 133 | €148,249 | €29,863 | -€118,387 | -79.9% |
| Amounts payable | 17/49 | €84,066 | €221,707 | +€137,641 | +164% |
| Amounts payable within one year | 42/48 | €84,066 | €221,707 | +€137,641 | +164% |
| Trade debts | 44 | €114 | €2,211 | +€2,096 | +1,832% |
| Suppliers | 440/4 | €114 | €2,211 | +€2,096 | +1,832% |
| Taxes, remuneration and social security | 45 | €4,242 | €25,543 | +€21,301 | +502% |
| Taxes | 450/3 | €4,242 | €25,543 | +€21,301 | +502% |
| Other amounts payable | 47/48 | €79,710 | €193,953 | +€114,244 | +143% |
| Non-recurring operating income | 76A | - | €10,860 | +€10,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,157 | €10,999 | +€4,842 | +78.6% |
| Other operating charges | 640/8 | €692 | €520 | -€173 | -24.9% |
| Gross operating margin | 9900 | €45,860 | €55,779 | +€9,919 | +21.6% |
| Operating profit (loss) | 9901 | €39,011 | €44,261 | +€5,250 | +13.5% |
| Financial income | 75/76B | €2,962 | €717 | -€2,244 | -75.8% |
| Recurring financial income | 75 | €2,962 | €717 | -€2,244 | -75.8% |
| Financial charges | 65/66B | €6,016 | €5,027 | -€989 | -16.4% |
| Recurring financial charges | 65 | €6,016 | €5,027 | -€989 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €35,956 | €39,951 | +€3,994 | +11.1% |
| Income taxes | 67/77 | €7,460 | €8,337 | +€877 | +11.8% |
| Profit (loss) for the period | 9904 | €28,496 | €31,614 | +€3,117 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,496 | €31,614 | +€3,117 | +10.9% |
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 26 October 2026 via checked.be.