Reliano: 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.
Reliano
Largest movements
- Cash -€31,619
down €31,619 (-100.0%), from €31,619 to €0
mainly Net result for the year (-€20,051) and Receivables within one year (-€9,275)
- Receivables within one year +€9,275
up €9,275 (+16.4%), from €56,520 to €65,795
of which Other amounts receivable: +€9,998
- Stocks and contracts -€3,926
down €3,926 (-43.3%), from €9,071 to €5,145
of which Stocks: -€6,444
- Deferred charges and accrued income +€1,614
new in 2025: €1,614
- Reserves -€45,414
down €45,414 (-40.1%), from €113,177 to €67,763
- Profit (loss) carried forward +€25,363
up €25,363, from -€25,363 to €0
- Trade debts -€1,923
down €1,923 (-25.3%), from €7,604 to €5,681
- Tax, wage and social debts -€1,891
down €1,891 (-60.8%), from €3,112 to €1,221
of which Taxes: -€1,891
- Staff costs -€1,775
down €1,775 (-100%), from €1,775 to €0
- Depreciation -€1,744
down €1,744 (-25.5%), from €6,840 to €5,096
- Write-downs -€1,730
down €1,730 (-100%), from €1,730 to €0
- Other operating charges -€973
down €973 (-42.6%), from €2,281 to €1,308
- Financial charges +€717
up €717 (+435%), from €165 to €882
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 | €103,531 | €79,665 | -€23,866 | -23.1% |
| Fixed assets | 21/28 | €6,321 | €7,111 | +€790 | +12.5% |
| Tangible fixed assets | 22/27 | €6,321 | €7,111 | +€790 | +12.5% |
| Plant, machinery and equipment | 23 | €3,253 | €5,745 | +€2,492 | +76.6% |
| Furniture and vehicles | 24 | €3,067 | €1,366 | -€1,701 | -55.5% |
| Current assets | 29/58 | €97,210 | €72,554 | -€24,656 | -25.4% |
| Stocks and contracts in progress | 3 | €9,071 | €5,145 | -€3,926 | -43.3% |
| Stocks | 30/36 | €7,589 | €1,145 | -€6,444 | -84.9% |
| Contracts in progress | 37 | €1,482 | €4,000 | +€2,518 | +170% |
| Amounts receivable within one year | 40/41 | €56,520 | €65,795 | +€9,275 | +16.4% |
| Trade receivables | 40 | €3,042 | €2,320 | -€722 | -23.7% |
| Other amounts receivable | 41 | €53,477 | €63,475 | +€9,998 | +18.7% |
| Cash at bank and in hand | 54/58 | €31,619 | €0 | -€31,619 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €1,614 | +€1,614 | |
| Total equity and liabilities | 10/49 | €103,531 | €79,665 | -€23,866 | -23.1% |
| Equity | 10/15 | €92,815 | €72,763 | -€20,051 | -21.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,177 | €67,763 | -€45,414 | -40.1% |
| Distributable reserves | 133 | €113,177 | €67,763 | -€45,414 | -40.1% |
| Profit (loss) carried forward | 14 | -€25,363 | €0 | +€25,363 | |
| Amounts payable | 17/49 | €10,716 | €6,902 | -€3,814 | -35.6% |
| Amounts payable within one year | 42/48 | €10,716 | €6,902 | -€3,814 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,604 | €5,681 | -€1,923 | -25.3% |
| Suppliers | 440/4 | €7,604 | €5,681 | -€1,923 | -25.3% |
| Taxes, remuneration and social security | 45 | €3,112 | €1,221 | -€1,891 | -60.8% |
| Taxes | 450/3 | €3,112 | €1,221 | -€1,891 | -60.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €251 | €0 | -€251 | -100% |
| Remuneration, social security and pensions | 62 | €1,775 | €0 | -€1,775 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,840 | €5,096 | -€1,744 | -25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,730 | €0 | -€1,730 | -100% |
| Other operating charges | 640/8 | €2,281 | €1,308 | -€973 | -42.6% |
| Gross operating margin | 9900 | -€14,546 | -€14,477 | +€69 | +0.5% |
| Operating profit (loss) | 9901 | -€27,172 | -€20,881 | +€6,292 | +23.2% |
| Financial income | 75/76B | €2,318 | €2,032 | -€286 | -12.3% |
| Recurring financial income | 75 | €2,318 | €2,032 | -€286 | -12.3% |
| Financial charges | 65/66B | €165 | €882 | +€717 | +435% |
| Recurring financial charges | 65 | €165 | €882 | +€717 | +435% |
| Profit (loss) for the period before taxes | 9903 | -€25,019 | -€19,730 | +€5,289 | +21.1% |
| Income taxes | 67/77 | €343 | €321 | -€23 | -6.6% |
| Profit (loss) for the period | 9904 | -€25,363 | -€20,051 | +€5,311 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,363 | -€20,051 | +€5,311 | +20.9% |
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 23 October 2026 via checked.be.