ReqCon: 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.
ReqCon
Largest movements
- Receivables within one year +€30,761
up €30,761 (+446.8%), from €6,884 to €37,645
of which Trade receivables: +€29,274
- Cash -€21,138
down €21,138 (-38.8%), from €54,507 to €33,369
mainly Receivables within one year (-€30,761) and Net result for the year (-€25,296)
- Intangible fixed assets +€5,403
up €5,403 (+62.5%), from €8,645 to €14,049
- Tangible fixed assets +€1,696
up €1,696 (+80.0%), from €2,119 to €3,815
- Debts after one year +€50,000
new in 2025: €50,000
- Profit (loss) carried forward -€25,296
down €25,296, from €5,296 to -€20,000
- Other debts -€4,838
down €4,838 (-71.4%), from €6,776 to €1,938
- Trade debts -€1,843
down €1,843 (-47.1%), from €3,913 to €2,070
- Tax, wage and social debts -€1,584
down €1,584 (-100.0%), from €1,584 to €0
- Gross operating margin -€26,589
down €26,589, from €8,752 to -€17,837
- Depreciation +€5,590
up €5,590 (+624.1%), from €896 to €6,486
- Staff costs -€2,516
down €2,516 (-100.0%), from €2,516 to €0
- Other operating charges +€507
new in 2025: €507
- Financial charges +€460
up €460 (+1039.6%), from €44 to €504
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 | €72,525 | €88,963 | +€16,438 | +22.7% |
| Fixed assets | 21/28 | €10,764 | €17,864 | +€7,099 | +66.0% |
| Intangible fixed assets | 21 | €8,645 | €14,049 | +€5,403 | +62.5% |
| Tangible fixed assets | 22/27 | €2,119 | €3,815 | +€1,696 | +80.0% |
| Furniture and vehicles | 24 | €2,119 | €3,815 | +€1,696 | +80.0% |
| Current assets | 29/58 | €61,761 | €71,099 | +€9,339 | +15.1% |
| Amounts receivable within one year | 40/41 | €6,884 | €37,645 | +€30,761 | +446.8% |
| Trade receivables | 40 | €2,587 | €31,861 | +€29,274 | +1131.6% |
| Other amounts receivable | 41 | €4,297 | €5,785 | +€1,487 | +34.6% |
| Cash at bank and in hand | 54/58 | €54,507 | €33,369 | -€21,138 | -38.8% |
| Deferred charges and accrued income | 490/1 | €369 | €85 | -€284 | -76.9% |
| Total equity and liabilities | 10/49 | €72,525 | €88,963 | +€16,438 | +22.7% |
| Equity | 10/15 | €60,252 | €34,955 | -€25,296 | -42.0% |
| Contributions | 10/11 | €54,955 | €54,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,296 | -€20,000 | -€25,296 | |
| Amounts payable | 17/49 | €12,273 | €54,008 | +€41,734 | +340.0% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €12,273 | €4,008 | -€8,266 | -67.3% |
| Trade debts | 44 | €3,913 | €2,070 | -€1,843 | -47.1% |
| Suppliers | 440/4 | €3,913 | €2,070 | -€1,843 | -47.1% |
| Taxes, remuneration and social security | 45 | €1,584 | €0 | -€1,584 | -100.0% |
| Remuneration and social security | 454/9 | €1,584 | €0 | -€1,584 | -100.0% |
| Other amounts payable | 47/48 | €6,776 | €1,938 | -€4,838 | -71.4% |
| Remuneration, social security and pensions | 62 | €2,516 | €0 | -€2,516 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €6,486 | +€5,590 | +624.1% |
| Other operating charges | 640/8 | - | €507 | +€507 | |
| Gross operating margin | 9900 | €8,752 | -€17,837 | -€26,589 | |
| Operating profit (loss) | 9901 | €5,340 | -€24,830 | -€30,170 | |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €44 | €504 | +€460 | +1039.6% |
| Recurring financial charges | 65 | €44 | €504 | +€460 | +1039.6% |
| Profit (loss) for the period before taxes | 9903 | €5,296 | -€25,296 | -€30,592 | |
| Profit (loss) for the period | 9904 | €5,296 | -€25,296 | -€30,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,296 | -€25,296 | -€30,592 |
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.