RENE CHRISTIANE: what changed
What changed
RENE CHRISTIANE
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
-€26,347
2024 · €20,236-€46,584
Equity
€159,389
2024 · €185,737-€26,347
Cash
€57,765
2024 · €83,553-€25,788
Balance sheet total
€220,878
2024 · €258,785-€37,907
Largest movements
Assets
- Cash -€25,788
down €25,788 (-30.9%), from €83,553 to €57,765
mainly Net result for the year (-€26,347) and Investment in fixed assets (net) (-€10,860)
- Tangible fixed assets -€19,279
down €19,279 (-39.0%), from €49,372 to €30,093
of which Plant, machinery and equipment: -€14,066
- Stocks and contracts +€5,780
up €5,780 (+226%), from €2,554 to €8,334
Equity and liabilities
- Profit (loss) carried forward -€26,347
down €26,347 (-17.8%), from €148,155 to €121,808
- Debts after one year -€10,805
down €10,805 (-100%), from €10,805 to €0
- Trade debts -€5,557
down €5,557 (-51.5%), from €10,785 to €5,228
- Current portion of long-term debt +€4,517
up €4,517 (+22.8%), from €19,812 to €24,329
Income statement
- Gross operating margin -€63,114
down €63,114 (-39.3%), from €160,771 to €97,657
- Taxes -€12,567
down €12,567 (-96.8%), from €12,977 to €410
- Staff costs -€2,895
down €2,895 (-3.2%), from €91,041 to €88,146
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
€20,236
Gross operating margin
-€63,114
Staff costs
+€2,895
Depreciation
+€687
Write-downs
+€137
Other operating charges
-€302
Financial income
+€167
Financial charges
+€380
Taxes
+€12,567
Result 2025
-€26,347
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
-€8,639
Investment
-€10,860
Financing
-€6,288
Cash 2024
€83,553
From operations (derived)
-€8,639
Net result for the year
-€26,347
Depreciation
+€31,339
Stocks and contracts
-€5,780
Receivables within one year
-€2,580
Trade debts
-€5,557
Tax, wage and social debts
+€287
Investment (derived)
-€10,860
Investment in fixed assets (net)
-€10,860
Financing
-€6,288
Debts after one year
-€10,805
Current portion of long-term debt
+€4,517
Cash 2025
€57,765
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €258,785 | €220,878 | -€37,907 | -14.6% |
| Fixed assets | 21/28 | €52,970 | €32,492 | -€20,478 | -38.7% |
| Intangible fixed assets | 21 | €3,598 | €2,399 | -€1,199 | -33.3% |
| Tangible fixed assets | 22/27 | €49,372 | €30,093 | -€19,279 | -39.0% |
| Land and buildings | 22 | €7,746 | €14,144 | +€6,398 | +82.6% |
| Plant, machinery and equipment | 23 | €19,903 | €5,837 | -€14,066 | -70.7% |
| Furniture and vehicles | 24 | €21,723 | €10,113 | -€11,611 | -53.4% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €205,815 | €188,387 | -€17,428 | -8.5% |
| Stocks and contracts in progress | 3 | €2,554 | €8,334 | +€5,780 | +226% |
| Stocks | 30/36 | €2,554 | €8,334 | +€5,780 | +226% |
| Amounts receivable within one year | 40/41 | €118,262 | €120,842 | +€2,580 | +2.2% |
| Trade receivables | 40 | €36,768 | €31,145 | -€5,623 | -15.3% |
| Other amounts receivable | 41 | €81,494 | €89,697 | +€8,202 | +10.1% |
| Cash at bank and in hand | 54/58 | €83,553 | €57,765 | -€25,788 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,446 | €1,446 | = | 0.0% |
| Total equity and liabilities | 10/49 | €258,785 | €220,878 | -€37,907 | -14.6% |
| Equity | 10/15 | €185,737 | €159,389 | -€26,347 | -14.2% |
| Contributions | 10/11 | €22,200 | €22,200 | = | 0.0% |
| Capital | 10 | €22,200 | €22,200 | = | 0.0% |
| Issued capital | 100 | €22,200 | €22,200 | = | 0.0% |
| Reserves | 13 | €15,381 | €15,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Legal reserve | 130 | €2,200 | €2,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,181 | €13,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,155 | €121,808 | -€26,347 | -17.8% |
| Amounts payable | 17/49 | €73,048 | €61,489 | -€11,559 | -15.8% |
| Amounts payable after more than one year | 17 | €10,805 | €0 | -€10,805 | -100% |
| Financial debts | 170/4 | €10,805 | €0 | -€10,805 | -100% |
| Amounts payable within one year | 42/48 | €62,243 | €61,489 | -€754 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €19,812 | €24,329 | +€4,517 | +22.8% |
| Trade debts | 44 | €10,785 | €5,228 | -€5,557 | -51.5% |
| Suppliers | 440/4 | €10,785 | €5,228 | -€5,557 | -51.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,646 | €31,932 | +€287 | +0.9% |
| Taxes | 450/3 | €20,137 | €17,044 | -€3,092 | -15.4% |
| Remuneration and social security | 454/9 | €11,509 | €14,888 | +€3,379 | +29.4% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €91,041 | €88,146 | -€2,895 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,025 | €31,339 | -€687 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €137 | - | -€137 | |
| Other operating charges | 640/8 | €2,072 | €2,374 | +€302 | +14.6% |
| Gross operating margin | 9900 | €160,771 | €97,657 | -€63,114 | -39.3% |
| Operating profit (loss) | 9901 | €35,497 | -€24,201 | -€59,698 | |
| Financial income | 75/76B | €16 | €183 | +€167 | +1,027% |
| Recurring financial income | 75 | €16 | €183 | +€167 | +1,027% |
| Financial charges | 65/66B | €2,300 | €1,920 | -€380 | -16.5% |
| Recurring financial charges | 65 | €2,300 | €1,920 | -€380 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €33,213 | -€25,937 | -€59,151 | |
| Income taxes | 67/77 | €12,977 | €410 | -€12,567 | -96.8% |
| Profit (loss) for the period | 9904 | €20,236 | -€26,347 | -€46,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,236 | -€26,347 | -€46,584 |
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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 4 November 2026 via checked.be.