RELIPRO: what changed
Two fiscal 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.
RELIPRO
Largest movements
- Cash +€23,284
up €23,284 (+360.4%), from €6,461 to €29,745
mainly Net result for the year (+€41,329) and Depreciation (+€1,452)
- Receivables within one year +€4,689
up €4,689 (+30.5%), from €15,366 to €20,055
of which Trade receivables: +€2,852
- Tangible fixed assets -€1,452
down €1,452 (-13.4%), from €10,870 to €9,418
- Reserves +€35,447
new in 2025: €35,447
- Debts after one year -€7,260
no longer reported in 2025 (was €7,260)
- Tax, wage and social debts -€1,817
down €1,817 (-37.8%), from €4,810 to €2,993
- Gross operating margin +€38,371
up €38,371 (+154.4%), from €24,846 to €63,217
- Taxes +€10,940
up €10,940 (+221.8%), from €4,932 to €15,872
- Financial charges +€2,229
up €2,229 (+184.7%), from €1,207 to €3,436
- Depreciation +€1,021
up €1,021 (+237.2%), from €431 to €1,452
- Other operating charges +€936
up €936 (+485.0%), from €193 to €1,129
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.
Cash bridge derived
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 | €33,189 | €59,710 | +€26,521 | +79.9% |
| Fixed assets | 21/28 | €10,870 | €9,418 | -€1,452 | -13.4% |
| Tangible fixed assets | 22/27 | €10,870 | €9,418 | -€1,452 | -13.4% |
| Furniture and vehicles | 24 | €10,870 | €9,418 | -€1,452 | -13.4% |
| Current assets | 29/58 | €22,319 | €50,292 | +€27,973 | +125.3% |
| Amounts receivable within one year | 40/41 | €15,366 | €20,055 | +€4,689 | +30.5% |
| Trade receivables | 40 | €12,306 | €15,158 | +€2,852 | +23.2% |
| Other amounts receivable | 41 | €3,060 | €4,897 | +€1,836 | +60.0% |
| Cash at bank and in hand | 54/58 | €6,461 | €29,745 | +€23,284 | +360.4% |
| Deferred charges and accrued income | 490/1 | €492 | €492 | = | 0.0% |
| Total equity and liabilities | 10/49 | €33,189 | €59,710 | +€26,521 | +79.9% |
| Equity | 10/15 | €19,187 | €54,634 | +€35,447 | +184.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €35,447 | +€35,447 | |
| Distributable reserves | 133 | - | €35,447 | +€35,447 | |
| Profit (loss) carried forward | 14 | €17,187 | €17,187 | = | 0.0% |
| Amounts payable | 17/49 | €14,001 | €5,076 | -€8,925 | -63.7% |
| Amounts payable after more than one year | 17 | €7,260 | - | -€7,260 | |
| Other amounts payable | 178/9 | €7,260 | - | -€7,260 | |
| Amounts payable within one year | 42/48 | €6,388 | €4,723 | -€1,665 | -26.1% |
| Trade debts | 44 | €1,578 | €1,729 | +€152 | +9.6% |
| Suppliers | 440/4 | €1,578 | €1,729 | +€152 | +9.6% |
| Taxes, remuneration and social security | 45 | €4,810 | €2,993 | -€1,817 | -37.8% |
| Taxes | 450/3 | €4,810 | €2,993 | -€1,817 | -37.8% |
| Accrued charges and deferred income | 492/3 | €354 | €354 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €1,452 | +€1,021 | +237.2% |
| Other operating charges | 640/8 | €193 | €1,129 | +€936 | +485.0% |
| Gross operating margin | 9900 | €24,846 | €63,217 | +€38,371 | +154.4% |
| Operating profit (loss) | 9901 | €24,222 | €60,636 | +€36,414 | +150.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,207 | €3,436 | +€2,229 | +184.7% |
| Recurring financial charges | 65 | €1,207 | €3,436 | +€2,229 | +184.7% |
| Profit (loss) for the period before taxes | 9903 | €23,015 | €57,201 | +€34,185 | +148.5% |
| Income taxes | 67/77 | €4,932 | €15,872 | +€10,940 | +221.8% |
| Profit (loss) for the period | 9904 | €18,084 | €41,329 | +€23,245 | +128.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,084 | €41,329 | +€23,245 | +128.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.