RELI: 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.
RELI
Largest movements
- Cash +€161,704
up €161,704 (+106%), from €153,161 to €314,865
mainly Trade debts (+€223,479) and Net result for the year (+€22,528)
- Trade debts +€223,479
up €223,479 (+91.1%), from €245,263 to €468,742
- Other debts -€39,331
down €39,331 (-56.5%), from €69,584 to €30,253
- Tax, wage and social debts -€26,028
down €26,028 (-54.8%), from €47,459 to €21,431
of which Taxes: -€26,236
- Reserves +€22,528
up €22,528 (+4.5%), from €497,080 to €519,608
- Debts after one year -€14,828
down €14,828 (-56.7%), from €26,141 to €11,313
- Gross operating margin -€130,873
down €130,873 (-33.2%), from €393,916 to €263,044
- Taxes -€46,293
down €46,293 (-77.0%), from €60,105 to €13,812
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 | €994,247 | €1,145,987 | +€151,740 | +15.3% |
| Fixed assets | 21/28 | €55,418 | €55,083 | -€334 | -0.6% |
| Intangible fixed assets | 21 | €2,187 | €95 | -€2,092 | -95.7% |
| Tangible fixed assets | 22/27 | €52,532 | €54,290 | +€1,758 | +3.3% |
| Plant, machinery and equipment | 23 | €2,813 | €3,496 | +€682 | +24.3% |
| Furniture and vehicles | 24 | €48,691 | €38,235 | -€10,457 | -21.5% |
| Other tangible fixed assets | 26 | €1,028 | €12,560 | +€11,532 | +1,122% |
| Financial fixed assets | 28 | €698 | €698 | = | 0.0% |
| Current assets | 29/58 | €938,829 | €1,090,903 | +€152,074 | +16.2% |
| Amounts receivable within one year | 40/41 | €784,169 | €776,038 | -€8,131 | -1.0% |
| Other amounts receivable | 41 | €784,169 | €776,038 | -€8,131 | -1.0% |
| Cash at bank and in hand | 54/58 | €153,161 | €314,865 | +€161,704 | +106% |
| Deferred charges and accrued income | 490/1 | €1,499 | - | -€1,499 | |
| Total equity and liabilities | 10/49 | €994,247 | €1,145,987 | +€151,740 | +15.3% |
| Equity | 10/15 | €522,806 | €545,334 | +€22,528 | +4.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €497,080 | €519,608 | +€22,528 | +4.5% |
| Distributable reserves | 133 | €497,080 | €519,608 | +€22,528 | +4.5% |
| Profit (loss) carried forward | 14 | €726 | €726 | = | 0.0% |
| Amounts payable | 17/49 | €471,441 | €600,652 | +€129,212 | +27.4% |
| Amounts payable after more than one year | 17 | €26,141 | €11,313 | -€14,828 | -56.7% |
| Financial debts | 170/4 | €26,141 | €11,313 | -€14,828 | -56.7% |
| Amounts payable within one year | 42/48 | €444,068 | €588,940 | +€144,871 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €14,541 | €14,828 | +€287 | +2.0% |
| Trade debts | 44 | €245,263 | €468,742 | +€223,479 | +91.1% |
| Suppliers | 440/4 | €245,263 | €468,742 | +€223,479 | +91.1% |
| Advances received on contracts in progress | 46 | €67,221 | €53,685 | -€13,536 | -20.1% |
| Taxes, remuneration and social security | 45 | €47,459 | €21,431 | -€26,028 | -54.8% |
| Taxes | 450/3 | €31,246 | €5,010 | -€26,236 | -84.0% |
| Remuneration and social security | 454/9 | €16,213 | €16,421 | +€208 | +1.3% |
| Other amounts payable | 47/48 | €69,584 | €30,253 | -€39,331 | -56.5% |
| Accrued charges and deferred income | 492/3 | €1,232 | €400 | -€832 | -67.5% |
| Remuneration, social security and pensions | 62 | €197,269 | €194,606 | -€2,663 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,886 | €22,417 | +€1,532 | +7.3% |
| Other operating charges | 640/8 | €12,885 | €9,141 | -€3,744 | -29.1% |
| Gross operating margin | 9900 | €393,916 | €263,044 | -€130,873 | -33.2% |
| Operating profit (loss) | 9901 | €162,877 | €36,879 | -€125,998 | -77.4% |
| Financial income | 75/76B | €1,211 | €2,244 | +€1,033 | +85.3% |
| Recurring financial income | 75 | €1,211 | €2,244 | +€1,033 | +85.3% |
| Financial charges | 65/66B | €3,392 | €2,783 | -€609 | -18.0% |
| Recurring financial charges | 65 | €3,392 | €2,783 | -€609 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €160,696 | €36,340 | -€124,356 | -77.4% |
| Income taxes | 67/77 | €60,105 | €13,812 | -€46,293 | -77.0% |
| Profit (loss) for the period | 9904 | €100,590 | €22,528 | -€78,062 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,590 | €22,528 | -€78,062 | -77.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.