Relaxenia: 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.
Relaxenia
Largest movements
- Deferred charges and accrued income -€23,120
down €23,120 (-43.8%), from €52,787 to €29,667
- Cash -€13,251
down €13,251 (-47.3%), from €28,013 to €14,762
mainly Tax, wage and social debts (-€33,673) and Other debts (-€30,000)
- Current investments +€10,465
up €10,465 (+14.9%), from €70,120 to €80,585
- Reserves +€42,488
up €42,488 (+60.1%), from €70,641 to €113,129
- Tax, wage and social debts -€33,673
down €33,673 (-71.9%), from €46,863 to €13,189
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Trade debts -€3,054
down €3,054 (-98.3%), from €3,106 to €53
- Gross operating margin -€88,428
down €88,428 (-60.1%), from €147,203 to €58,775
- Taxes -€20,668
down €20,668 (-60.7%), from €34,057 to €13,388
- Other operating charges +€3,593
new in 2025: €3,593
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 | €154,610 | €130,551 | -€24,059 | -15.6% |
| Fixed assets | 21/28 | - | €1,434 | +€1,434 | |
| Tangible fixed assets | 22/27 | - | €1,434 | +€1,434 | |
| Plant, machinery and equipment | 23 | - | €1,434 | +€1,434 | |
| Current assets | 29/58 | €154,610 | €129,117 | -€25,493 | -16.5% |
| Amounts receivable within one year | 40/41 | €3,690 | €4,104 | +€413 | +11.2% |
| Other amounts receivable | 41 | €3,690 | €4,104 | +€413 | +11.2% |
| Current investments | 50/53 | €70,120 | €80,585 | +€10,465 | +14.9% |
| Cash at bank and in hand | 54/58 | €28,013 | €14,762 | -€13,251 | -47.3% |
| Deferred charges and accrued income | 490/1 | €52,787 | €29,667 | -€23,120 | -43.8% |
| Total equity and liabilities | 10/49 | €154,610 | €130,551 | -€24,059 | -15.6% |
| Equity | 10/15 | €74,641 | €117,129 | +€42,488 | +56.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €70,641 | €113,129 | +€42,488 | +60.1% |
| Distributable reserves | 133 | €70,641 | €113,129 | +€42,488 | +60.1% |
| Amounts payable | 17/49 | €79,969 | €13,422 | -€66,547 | -83.2% |
| Amounts payable within one year | 42/48 | €79,969 | €13,242 | -€66,727 | -83.4% |
| Trade debts | 44 | €3,106 | €53 | -€3,054 | -98.3% |
| Suppliers | 440/4 | €3,106 | €53 | -€3,054 | -98.3% |
| Taxes, remuneration and social security | 45 | €46,863 | €13,189 | -€33,673 | -71.9% |
| Taxes | 450/3 | €46,863 | €13,189 | -€33,673 | -71.9% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €85 | +€85 | |
| Other operating charges | 640/8 | - | €3,593 | +€3,593 | |
| Gross operating margin | 9900 | €147,203 | €58,775 | -€88,428 | -60.1% |
| Operating profit (loss) | 9901 | €147,203 | €55,098 | -€92,105 | -62.6% |
| Financial income | 75/76B | €354 | €875 | +€522 | +147% |
| Recurring financial income | 75 | €354 | €875 | +€522 | +147% |
| Financial charges | 65/66B | €1 | €96 | +€95 | +7,610% |
| Recurring financial charges | 65 | €1 | €96 | +€95 | +7,610% |
| Profit (loss) for the period before taxes | 9903 | €147,555 | €55,877 | -€91,679 | -62.1% |
| Income taxes | 67/77 | €34,057 | €13,388 | -€20,668 | -60.7% |
| Profit (loss) for the period | 9904 | €113,498 | €42,488 | -€71,010 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €113,498 | €42,488 | -€71,010 | -62.6% |
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 14 October 2026 via checked.be.