REQUILE: 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.
What changed
REQUILE
NACE 10.712, Artisanal bread and fresh pastry making
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€86,024
2024 · €207,365-€121,341
Equity
€551,289
2024 · €565,266-€13,976
Cash
€654,374
2024 · €656,886-€2,512
Balance sheet total
€960,689
2024 · €1.1m-€119,831
Largest movements
Assets
- Receivables within one year -€92,678
down €92,678 (-67.1%), from €138,125 to €45,447
of which Other amounts receivable: -€91,677
- Tangible fixed assets -€24,130
down €24,130 (-10.4%), from €232,501 to €208,370
of which Other tangible fixed assets: -€12,694
Equity and liabilities
- Other debts -€100,000
down €100,000 (-50.0%), from €200,000 to €100,000
- Profit (loss) carried forward -€13,976
down €13,976 (-3.3%), from €420,590 to €406,614
Income statement
- Gross operating margin -€100,239
down €100,239 (-12.8%), from €783,411 to €683,172
- Taxes -€32,350
down €32,350 (-56.5%), from €57,240 to €24,890
- Staff costs +€21,237
up €21,237 (+4.6%), from €460,083 to €481,320
- Financial charges +€14,805
up €14,805 (+112.0%), from €13,222 to €28,026
- Depreciation +€9,077
up €9,077 (+17.5%), from €51,930 to €61,007
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.
Result 2024
€207,365
Gross operating margin
-€100,239
Staff costs
-€21,237
Depreciation
-€9,077
Write-downs
-€1,152
Other operating charges
-€873
Other operating items
+€201
Financial income
-€6,510
Financial charges
-€14,805
Taxes
+€32,350
Result 2025
€86,024
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.
From operations
+€121,747
Investment
-€29,877
Financing
-€94,382
Cash 2024
€656,886
From operations (derived)
+€121,747
Net result for the year
+€86,024
Depreciation
+€61,007
Stocks and contracts
-€6,692
Receivables within one year
+€92,678
Deferred charges and accrued income
+€204
Trade debts
-€2,552
Tax, wage and social debts
-€8,921
Other debts
-€100,000
Investment (derived)
-€29,877
Investment in fixed assets (net)
-€29,877
Financing
-€94,382
Short-term financial debts
+€5,618
Contributions, distributions and other
-€100,000
Cash 2025
€654,374
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,080,520 | €960,689 | -€119,831 | -11.1% |
| Fixed assets | 21/28 | €257,578 | €226,447 | -€31,130 | -12.1% |
| Intangible fixed assets | 21 | €24,854 | €17,854 | -€7,000 | -28.2% |
| Tangible fixed assets | 22/27 | €232,501 | €208,370 | -€24,130 | -10.4% |
| Plant, machinery and equipment | 23 | €201,294 | €192,432 | -€8,862 | -4.4% |
| Furniture and vehicles | 24 | €4,725 | €2,150 | -€2,575 | -54.5% |
| Other tangible fixed assets | 26 | €26,482 | €13,788 | -€12,694 | -47.9% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €822,942 | €734,242 | -€88,701 | -10.8% |
| Stocks and contracts in progress | 3 | €22,859 | €29,552 | +€6,692 | +29.3% |
| Stocks | 30/36 | €22,859 | €29,552 | +€6,692 | +29.3% |
| Amounts receivable within one year | 40/41 | €138,125 | €45,447 | -€92,678 | -67.1% |
| Trade receivables | 40 | €3,659 | €2,658 | -€1,001 | -27.3% |
| Other amounts receivable | 41 | €134,466 | €42,789 | -€91,677 | -68.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €656,886 | €654,374 | -€2,512 | -0.4% |
| Deferred charges and accrued income | 490/1 | €5,072 | €4,869 | -€204 | -4.0% |
| Total equity and liabilities | 10/49 | €1,080,520 | €960,689 | -€119,831 | -11.1% |
| Equity | 10/15 | €565,266 | €551,289 | -€13,976 | -2.5% |
| Contributions | 10/11 | €119,147 | €119,147 | = | 0.0% |
| Capital | 10 | €119,147 | €119,147 | = | 0.0% |
| Issued capital | 100 | €119,147 | €119,147 | = | 0.0% |
| Reserves | 13 | €25,528 | €25,528 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,915 | €11,915 | = | 0.0% |
| Legal reserve | 130 | €11,915 | €11,915 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,614 | €13,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | €420,590 | €406,614 | -€13,976 | -3.3% |
| Amounts payable | 17/49 | €515,254 | €409,400 | -€105,854 | -20.5% |
| Amounts payable within one year | 42/48 | €515,254 | €409,400 | -€105,854 | -20.5% |
| Financial debts | 43 | - | €5,618 | +€5,618 | |
| Credit institutions | 430/8 | - | €5,618 | +€5,618 | |
| Trade debts | 44 | €198,638 | €196,087 | -€2,552 | -1.3% |
| Suppliers | 440/4 | €198,638 | €196,087 | -€2,552 | -1.3% |
| Taxes, remuneration and social security | 45 | €116,616 | €107,695 | -€8,921 | -7.6% |
| Taxes | 450/3 | €14,322 | €13,777 | -€545 | -3.8% |
| Remuneration and social security | 454/9 | €102,294 | €93,919 | -€8,376 | -8.2% |
| Other amounts payable | 47/48 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Non-recurring operating income | 76A | €2,240 | €0 | -€2,240 | -100.0% |
| Remuneration, social security and pensions | 62 | €460,083 | €481,320 | +€21,237 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,930 | €61,007 | +€9,077 | +17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,152 | €0 | +€1,152 | |
| Other operating charges | 640/8 | €3,766 | €4,639 | +€873 | +23.2% |
| Non-recurring operating charges | 66A | €201 | €0 | -€201 | -100.0% |
| Gross operating margin | 9900 | €783,411 | €683,172 | -€100,239 | -12.8% |
| Operating profit (loss) | 9901 | €268,583 | €136,206 | -€132,377 | -49.3% |
| Financial income | 75/76B | €9,244 | €2,734 | -€6,510 | -70.4% |
| Recurring financial income | 75 | €9,244 | €2,734 | -€6,510 | -70.4% |
| Financial charges | 65/66B | €13,222 | €28,026 | +€14,805 | +112.0% |
| Recurring financial charges | 65 | €13,222 | €28,026 | +€14,805 | +112.0% |
| Profit (loss) for the period before taxes | 9903 | €264,605 | €110,914 | -€153,691 | -58.1% |
| Income taxes | 67/77 | €57,240 | €24,890 | -€32,350 | -56.5% |
| Profit (loss) for the period | 9904 | €207,365 | €86,024 | -€121,341 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €207,365 | €86,024 | -€121,341 | -58.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.