RELI CONSULT: what changed
What changed
RELI CONSULT
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€143,221
2024 · €95,278+€47,942
Equity
€18,918
2024 · €133,010-€114,093
Cash
€45,966
2024 · €68,129-€22,163
Balance sheet total
€806,035
2024 · €857,528-€51,493
Largest movements
Assets
- Tangible fixed assets -€26,843
down €26,843 (-5.0%), from €535,414 to €508,571
of which Furniture and vehicles: -€18,000
- Cash -€22,163
down €22,163 (-32.5%), from €68,129 to €45,966
mainly Contributions, distributions and other (-€257,313) and Debts after one year (-€39,470)
Equity and liabilities
- Reserves -€114,093
down €114,093 (-99.7%), from €114,410 to €318
of which Distributable reserves: -€114,093
- Other debts +€108,896
up €108,896 (+52.7%), from €206,679 to €315,575
- Debts after one year -€39,470
down €39,470 (-8.8%), from €448,086 to €408,617
Income statement
- Gross operating margin +€51,725
up €51,725 (+70.1%), from €73,788 to €125,513
- Taxes +€13,661
up €13,661 (+161%), from €8,504 to €22,166
- Financial income +€10,184
up €10,184 (+12.7%), from €80,133 to €90,317
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€95,278
Gross operating margin
+€51,725
Depreciation
-€576
Other operating charges
-€712
Financial income
+€10,184
Financial charges
+€983
Taxes
-€13,661
Result 2025
€143,221
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€285,997
Investment
-€12,301
Financing
-€295,859
Cash 2024
€68,129
From operations (derived)
+€285,997
Net result for the year
+€143,221
Depreciation
+€39,144
Deferred charges and accrued income
+€2,487
Trade debts
-€303
Tax, wage and social debts
-€7,448
Other debts
+€108,896
Investment (derived)
-€12,301
Investment in fixed assets (net)
-€12,301
Financing
-€295,859
Debts after one year
-€39,470
Current portion of long-term debt
+€924
Contributions, distributions and other
-€257,313
Cash 2025
€45,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,528 | €806,035 | -€51,493 | -6.0% |
| Fixed assets | 21/28 | €785,414 | €758,571 | -€26,843 | -3.4% |
| Tangible fixed assets | 22/27 | €535,414 | €508,571 | -€26,843 | -5.0% |
| Land and buildings | 22 | €451,967 | €440,358 | -€11,609 | -2.6% |
| Plant, machinery and equipment | 23 | €29,255 | €32,020 | +€2,766 | +9.5% |
| Furniture and vehicles | 24 | €54,192 | €36,193 | -€18,000 | -33.2% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €72,114 | €47,464 | -€24,650 | -34.2% |
| Amounts receivable within one year | 40/41 | €1,498 | €1,498 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,498 | €1,498 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,129 | €45,966 | -€22,163 | -32.5% |
| Deferred charges and accrued income | 490/1 | €2,487 | €0 | -€2,487 | -100% |
| Total equity and liabilities | 10/49 | €857,528 | €806,035 | -€51,493 | -6.0% |
| Equity | 10/15 | €133,010 | €18,918 | -€114,093 | -85.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,410 | €318 | -€114,093 | -99.7% |
| Tax-exempt reserves | 132 | €318 | €318 | = | 0.0% |
| Distributable reserves | 133 | €114,093 | €0 | -€114,093 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €724,517 | €787,117 | +€62,600 | +8.6% |
| Amounts payable after more than one year | 17 | €448,086 | €408,617 | -€39,470 | -8.8% |
| Financial debts | 170/4 | €448,086 | €408,617 | -€39,470 | -8.8% |
| Amounts payable within one year | 42/48 | €272,933 | €375,002 | +€102,070 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €38,545 | €39,470 | +€924 | +2.4% |
| Trade debts | 44 | €608 | €305 | -€303 | -49.9% |
| Suppliers | 440/4 | €608 | €305 | -€303 | -49.9% |
| Taxes, remuneration and social security | 45 | €27,101 | €19,653 | -€7,448 | -27.5% |
| Taxes | 450/3 | €27,101 | €19,653 | -€7,448 | -27.5% |
| Other amounts payable | 47/48 | €206,679 | €315,575 | +€108,896 | +52.7% |
| Accrued charges and deferred income | 492/3 | €3,498 | €3,498 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,568 | €39,144 | +€576 | +1.5% |
| Other operating charges | 640/8 | €1,585 | €2,297 | +€712 | +44.9% |
| Gross operating margin | 9900 | €73,788 | €125,513 | +€51,725 | +70.1% |
| Operating profit (loss) | 9901 | €33,635 | €84,072 | +€50,437 | +150% |
| Financial income | 75/76B | €80,133 | €90,317 | +€10,184 | +12.7% |
| Recurring financial income | 75 | €80,133 | €90,317 | +€10,184 | +12.7% |
| Financial charges | 65/66B | €9,985 | €9,002 | -€983 | -9.8% |
| Recurring financial charges | 65 | €9,985 | €9,002 | -€983 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €103,783 | €165,386 | +€61,603 | +59.4% |
| Income taxes | 67/77 | €8,504 | €22,166 | +€13,661 | +161% |
| Profit (loss) for the period | 9904 | €95,278 | €143,221 | +€47,942 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €95,278 | €143,221 | +€47,942 | +50.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.