RESA: 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.
RESA
Largest movements
- Tangible fixed assets +€26,974
up €26,974 (+614%), from €4,391 to €31,365
- Receivables within one year +€4,420
up €4,420 (+43.7%), from €10,116 to €14,536
of which Other amounts receivable: +€3,432
- Deferred charges and accrued income +€1,366
up €1,366 (+1,242%), from €110 to €1,476
- Debts after one year +€14,925
new in 2025: €14,925
- Reserves +€6,824
up €6,824 (+22.9%), from €29,736 to €36,560
of which Distributable reserves: +€6,824
- Current portion of long-term debt +€4,693
new in 2025: €4,693
- Trade debts +€4,540
up €4,540 (+73.2%), from €6,205 to €10,745
- Tax, wage and social debts +€1,258
up €1,258 (+511%), from €246 to €1,504
- Gross operating margin -€4,215
down €4,215 (-23.6%), from €17,890 to €13,675
- Depreciation +€1,301
up €1,301 (+130%), from €999 to €2,300
- Taxes -€1,011
down €1,011 (-19.2%), from €5,266 to €4,255
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 | €54,779 | €87,019 | +€32,240 | +58.9% |
| Fixed assets | 21/28 | €4,391 | €31,365 | +€26,974 | +614% |
| Tangible fixed assets | 22/27 | €4,391 | €31,365 | +€26,974 | +614% |
| Furniture and vehicles | 24 | €4,391 | €31,365 | +€26,974 | +614% |
| Current assets | 29/58 | €50,388 | €55,654 | +€5,266 | +10.5% |
| Amounts receivable within one year | 40/41 | €10,116 | €14,536 | +€4,420 | +43.7% |
| Trade receivables | 40 | €9,459 | €10,447 | +€988 | +10.4% |
| Other amounts receivable | 41 | €657 | €4,089 | +€3,432 | +522% |
| Cash at bank and in hand | 54/58 | €40,162 | €39,642 | -€520 | -1.3% |
| Deferred charges and accrued income | 490/1 | €110 | €1,476 | +€1,366 | +1,242% |
| Total equity and liabilities | 10/49 | €54,779 | €87,019 | +€32,240 | +58.9% |
| Equity | 10/15 | €48,328 | €55,152 | +€6,824 | +14.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €29,736 | €36,560 | +€6,824 | +22.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,877 | €34,701 | +€6,824 | +24.5% |
| Amounts payable | 17/49 | €6,451 | €31,867 | +€25,416 | +394% |
| Amounts payable after more than one year | 17 | - | €14,925 | +€14,925 | |
| Financial debts | 170/4 | - | €14,925 | +€14,925 | |
| Amounts payable within one year | 42/48 | €6,451 | €16,942 | +€10,491 | +163% |
| Current portion of amounts payable after more than one year | 42 | - | €4,693 | +€4,693 | |
| Trade debts | 44 | €6,205 | €10,745 | +€4,540 | +73.2% |
| Suppliers | 440/4 | €6,205 | €10,745 | +€4,540 | +73.2% |
| Taxes, remuneration and social security | 45 | €246 | €1,504 | +€1,258 | +511% |
| Taxes | 450/3 | €246 | €1,504 | +€1,258 | +511% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €999 | €2,300 | +€1,301 | +130% |
| Other operating charges | 640/8 | €87 | €90 | +€3 | +3.4% |
| Non-recurring operating charges | 66A | €509 | - | -€509 | |
| Gross operating margin | 9900 | €17,890 | €13,675 | -€4,215 | -23.6% |
| Operating profit (loss) | 9901 | €16,295 | €11,285 | -€5,010 | -30.7% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €165 | €249 | +€84 | +50.9% |
| Recurring financial charges | 65 | €165 | €249 | +€84 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €16,130 | €11,078 | -€5,052 | -31.3% |
| Income taxes | 67/77 | €5,266 | €4,255 | -€1,011 | -19.2% |
| Profit (loss) for the period | 9904 | €10,864 | €6,823 | -€4,041 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,864 | €6,823 | -€4,041 | -37.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.