RELY INVEST: 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.
RELY INVEST
Largest movements
- Receivables within one year +€42,474
up €42,474 (+40.2%), from €105,616 to €148,089
of which Other amounts receivable: +€82,474
- Cash -€6,684
down €6,684 (-85.9%), from €7,779 to €1,095
mainly Net result for the year (-€82,309) and Receivables within one year (-€42,474)
- Profit (loss) carried forward -€82,309
down €82,309 (-73.6%), from -€111,862 to -€194,171
- Other debts +€72,716
up €72,716 (+34.2%), from €212,501 to €285,218
- Tax, wage and social debts +€56,265
up €56,265 (+92.3%), from €60,989 to €117,254
of which Remuneration and social security: +€56,374
- Trade debts -€8,532
down €8,532 (-42.2%), from €20,216 to €11,684
- Accrued charges and deferred income -€2,350
no longer reported in 2025 (was €2,350)
- Staff costs +€10,060
up €10,060 (+18.3%), from €54,846 to €64,906
- Gross operating margin -€5,442
down €5,442 (-47.8%), from -€11,385 to -€16,827
- Other operating charges -€815
down €815 (-79.7%), from €1,023 to €208
- Taxes +€294
new in 2025: €294
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 | €190,395 | €226,185 | +€35,790 | +18.8% |
| Fixed assets | 21/28 | €77,000 | €77,000 | = | 0.0% |
| Financial fixed assets | 28 | €77,000 | €77,000 | = | 0.0% |
| Current assets | 29/58 | €113,395 | €149,185 | +€35,790 | +31.6% |
| Amounts receivable within one year | 40/41 | €105,616 | €148,089 | +€42,474 | +40.2% |
| Trade receivables | 40 | €103,563 | €63,563 | -€40,000 | -38.6% |
| Other amounts receivable | 41 | €2,053 | €84,526 | +€82,474 | +4,018% |
| Cash at bank and in hand | 54/58 | €7,779 | €1,095 | -€6,684 | -85.9% |
| Total equity and liabilities | 10/49 | €190,395 | €226,185 | +€35,790 | +18.8% |
| Equity | 10/15 | -€105,662 | -€187,971 | -€82,309 | -77.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,862 | -€194,171 | -€82,309 | -73.6% |
| Amounts payable | 17/49 | €296,057 | €414,156 | +€118,099 | +39.9% |
| Amounts payable within one year | 42/48 | €293,707 | €414,156 | +€120,449 | +41.0% |
| Trade debts | 44 | €20,216 | €11,684 | -€8,532 | -42.2% |
| Suppliers | 440/4 | €20,216 | €11,684 | -€8,532 | -42.2% |
| Taxes, remuneration and social security | 45 | €60,989 | €117,254 | +€56,265 | +92.3% |
| Taxes | 450/3 | €6,466 | €6,357 | -€110 | -1.7% |
| Remuneration and social security | 454/9 | €54,523 | €110,897 | +€56,374 | +103% |
| Other amounts payable | 47/48 | €212,501 | €285,218 | +€72,716 | +34.2% |
| Accrued charges and deferred income | 492/3 | €2,350 | - | -€2,350 | |
| Remuneration, social security and pensions | 62 | €54,846 | €64,906 | +€10,060 | +18.3% |
| Other operating charges | 640/8 | €1,023 | €208 | -€815 | -79.7% |
| Gross operating margin | 9900 | -€11,385 | -€16,827 | -€5,442 | -47.8% |
| Operating profit (loss) | 9901 | -€67,254 | -€81,941 | -€14,687 | -21.8% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +0.8% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€67,328 | -€82,016 | -€14,688 | -21.8% |
| Income taxes | 67/77 | - | €294 | +€294 | |
| Profit (loss) for the period | 9904 | -€67,328 | -€82,309 | -€14,981 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,328 | -€82,309 | -€14,981 | -22.3% |
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 26 October 2026 via checked.be.