RELIA: 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.
RELIA
Largest movements
- Financial fixed assets +€120,000
up €120,000 (+703%), from €17,060 to €137,060
- Cash -€5,540
down €5,540 (-86.2%), from €6,425 to €885
mainly Investment in fixed assets (net) (-€120,000) and Tax, wage and social debts (-€8,045)
- Receivables within one year +€4,436
up €4,436 (+14.1%), from €31,527 to €35,963
of which Other amounts receivable: +€4,136
- Profit (loss) carried forward +€87,223
up €87,223, from -€7,021 to €80,202
- Other debts +€49,666
up €49,666 (+218%), from €22,826 to €72,492
- Tax, wage and social debts -€8,045
down €8,045 (-51.0%), from €15,773 to €7,728
- Trade debts -€5,957
down €5,957 (-76.2%), from €7,816 to €1,859
- Debts after one year -€4,349
down €4,349 (-59.2%), from €7,341 to €2,992
- Financial income +€81,945
up €81,945 (+4,999%), from €1,639 to €83,585
- Gross operating margin +€2,842
up €2,842 (+27.4%), from €10,390 to €13,233
- Other operating charges -€1,529
down €1,529 (-66.0%), from €2,317 to €788
- Taxes -€1,203
down €1,203 (-15.6%), from €7,697 to €6,494
- Financial charges +€725
up €725 (+105%), from €688 to €1,413
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 | €58,919 | €177,457 | +€118,538 | +201% |
| Fixed assets | 21/28 | €20,740 | €139,840 | +€119,101 | +574% |
| Tangible fixed assets | 22/27 | €3,680 | €2,780 | -€899 | -24.4% |
| Plant, machinery and equipment | 23 | €3,580 | €2,780 | -€800 | -22.3% |
| Furniture and vehicles | 24 | €99 | - | -€99 | |
| Financial fixed assets | 28 | €17,060 | €137,060 | +€120,000 | +703% |
| Current assets | 29/58 | €38,180 | €37,617 | -€563 | -1.5% |
| Amounts receivable within one year | 40/41 | €31,527 | €35,963 | +€4,436 | +14.1% |
| Trade receivables | 40 | €1,527 | €1,827 | +€300 | +19.7% |
| Other amounts receivable | 41 | €30,000 | €34,136 | +€4,136 | +13.8% |
| Cash at bank and in hand | 54/58 | €6,425 | €885 | -€5,540 | -86.2% |
| Deferred charges and accrued income | 490/1 | €228 | €768 | +€541 | +237% |
| Total equity and liabilities | 10/49 | €58,919 | €177,457 | +€118,538 | +201% |
| Equity | 10/15 | €1,039 | €88,262 | +€87,223 | +8,394% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,021 | €80,202 | +€87,223 | |
| Amounts payable | 17/49 | €57,880 | €89,195 | +€31,315 | +54.1% |
| Amounts payable after more than one year | 17 | €7,341 | €2,992 | -€4,349 | -59.2% |
| Financial debts | 170/4 | €7,341 | €2,992 | -€4,349 | -59.2% |
| Amounts payable within one year | 42/48 | €50,539 | €86,203 | +€35,664 | +70.6% |
| Current portion of amounts payable after more than one year | 42 | €4,124 | €4,124 | = | 0.0% |
| Trade debts | 44 | €7,816 | €1,859 | -€5,957 | -76.2% |
| Suppliers | 440/4 | €7,816 | €1,859 | -€5,957 | -76.2% |
| Taxes, remuneration and social security | 45 | €15,773 | €7,728 | -€8,045 | -51.0% |
| Taxes | 450/3 | €15,773 | €7,728 | -€8,045 | -51.0% |
| Other amounts payable | 47/48 | €22,826 | €72,492 | +€49,666 | +218% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €899 | +€354 | +64.9% |
| Other operating charges | 640/8 | €2,317 | €788 | -€1,529 | -66.0% |
| Gross operating margin | 9900 | €10,390 | €13,233 | +€2,842 | +27.4% |
| Operating profit (loss) | 9901 | €7,528 | €11,546 | +€4,018 | +53.4% |
| Financial income | 75/76B | €1,639 | €83,585 | +€81,945 | +4,999% |
| Recurring financial income | 75 | €1,639 | €83,585 | +€81,945 | +4,999% |
| Financial charges | 65/66B | €688 | €1,413 | +€725 | +105% |
| Recurring financial charges | 65 | €688 | €1,413 | +€725 | +105% |
| Profit (loss) for the period before taxes | 9903 | €8,479 | €93,717 | +€85,238 | +1,005% |
| Income taxes | 67/77 | €7,697 | €6,494 | -€1,203 | -15.6% |
| Profit (loss) for the period | 9904 | €782 | €87,223 | +€86,441 | +11,049% |
| Profit (loss) for the period to be appropriated | 9905 | €782 | €87,223 | +€86,441 | +11,049% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.