RENE COLLIN: 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.
RENE COLLIN
Largest movements
- Cash -€2,126
down €2,126 (-5.9%), from €35,904 to €33,778
mainly Net result for the year (-€2,803) and Receivables within one year (-€129)
- Deferred charges and accrued income -€384
down €384 (-49.8%), from €772 to €387
- Reserves -€188,399
down €188,399 (-95.0%), from €198,315 to €9,916
of which Distributable reserves: -€188,399
- Profit (loss) carried forward +€185,596
up €185,596 (+60.6%), from -€306,119 to -€120,523
- Accrued charges and deferred income +€421
up €421 (+640.8%), from €66 to €487
- Other operating charges -€2,327
down €2,327 (-81.2%), from €2,866 to €540
- Gross operating margin -€954
down €954 (-125.3%), from -€761 to -€1,715
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 | €36,715 | €34,333 | -€2,382 | -6.5% |
| Current assets | 29/58 | €36,715 | €34,333 | -€2,382 | -6.5% |
| Amounts receivable within one year | 40/41 | €40 | €168 | +€129 | +325.0% |
| Trade receivables | 40 | - | €144 | +€144 | |
| Other amounts receivable | 41 | €40 | €25 | -€15 | -37.9% |
| Cash at bank and in hand | 54/58 | €35,904 | €33,778 | -€2,126 | -5.9% |
| Deferred charges and accrued income | 490/1 | €772 | €387 | -€384 | -49.8% |
| Total equity and liabilities | 10/49 | €36,715 | €34,333 | -€2,382 | -6.5% |
| Equity | 10/15 | -€8,647 | -€11,450 | -€2,803 | -32.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €198,315 | €9,916 | -€188,399 | -95.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €188,399 | - | -€188,399 | |
| Profit (loss) carried forward | 14 | -€306,119 | -€120,523 | +€185,596 | +60.6% |
| Amounts payable | 17/49 | €45,362 | €45,783 | +€421 | +0.9% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €296 | €296 | = | 0.0% |
| Other amounts payable | 47/48 | €296 | €296 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66 | €487 | +€421 | +640.8% |
| Other operating charges | 640/8 | €2,866 | €540 | -€2,327 | -81.2% |
| Gross operating margin | 9900 | -€761 | -€1,715 | -€954 | -125.3% |
| Operating profit (loss) | 9901 | -€3,628 | -€2,255 | +€1,373 | +37.8% |
| Financial income | 75/76B | €83 | €82 | -€1 | -1.8% |
| Recurring financial income | 75 | €83 | €82 | -€1 | -1.8% |
| Financial charges | 65/66B | €629 | €630 | +€2 | +0.2% |
| Recurring financial charges | 65 | €629 | €630 | +€2 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,173 | -€2,803 | +€1,370 | +32.8% |
| Profit (loss) for the period | 9904 | -€4,173 | -€2,803 | +€1,370 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,173 | -€2,803 | +€1,370 | +32.8% |
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 10 October 2026 via checked.be.