RESACH: 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.
RESACH
Largest movements
- Receivables within one year -€9,950
down €9,950 (-57.6%), from €17,287 to €7,337
of which Trade receivables: -€7,937
- Cash -€5,223
no longer reported in 2025 (was €5,223)
mainly Other debts (-€7,587) and Trade debts (-€4,098)
- Stocks and contracts +€2,143
new in 2025: €2,143
- Tangible fixed assets -€707
down €707 (-14.2%), from €4,994 to €4,287
- Other debts -€7,587
down €7,587 (-98.7%), from €7,689 to €102
- Trade debts -€4,098
down €4,098 (-59.2%), from €6,919 to €2,821
- Profit (loss) carried forward -€2,782
down €2,782 (-402.5%), from -€691 to -€3,473
- Short-term financial debts +€1,717
new in 2025: €1,717
- Tax, wage and social debts -€1,306
no longer reported in 2025 (was €1,306)
- Gross operating margin -€17,793
down €17,793 (-99.5%), from €17,881 to €88
- Depreciation -€1,841
down €1,841 (-42.4%), from €4,343 to €2,502
- Taxes -€1,306
no longer reported in 2025 (was €1,306)
- Other operating charges -€197
down €197 (-41.5%), from €473 to €277
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 | €27,582 | €13,767 | -€13,815 | -50.1% |
| Formation expenses | 20 | €77 | - | -€77 | |
| Fixed assets | 21/28 | €4,994 | €4,287 | -€707 | -14.2% |
| Tangible fixed assets | 22/27 | €4,994 | €4,287 | -€707 | -14.2% |
| Plant, machinery and equipment | 23 | €4,994 | €4,287 | -€707 | -14.2% |
| Current assets | 29/58 | €22,511 | €9,480 | -€13,031 | -57.9% |
| Stocks and contracts in progress | 3 | - | €2,143 | +€2,143 | |
| Stocks | 30/36 | - | €2,143 | +€2,143 | |
| Amounts receivable within one year | 40/41 | €17,287 | €7,337 | -€9,950 | -57.6% |
| Trade receivables | 40 | €13,563 | €5,626 | -€7,937 | -58.5% |
| Other amounts receivable | 41 | €3,724 | €1,711 | -€2,013 | -54.1% |
| Cash at bank and in hand | 54/58 | €5,223 | - | -€5,223 | |
| Total equity and liabilities | 10/49 | €27,582 | €13,767 | -€13,815 | -50.1% |
| Equity | 10/15 | €11,509 | €8,727 | -€2,782 | -24.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,200 | €10,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€691 | -€3,473 | -€2,782 | -402.5% |
| Amounts payable | 17/49 | €16,073 | €5,040 | -€11,033 | -68.6% |
| Amounts payable within one year | 42/48 | €15,913 | €4,640 | -€11,273 | -70.8% |
| Financial debts | 43 | - | €1,717 | +€1,717 | |
| Credit institutions | 430/8 | - | €1,717 | +€1,717 | |
| Trade debts | 44 | €6,919 | €2,821 | -€4,098 | -59.2% |
| Suppliers | 440/4 | €6,919 | €2,821 | -€4,098 | -59.2% |
| Taxes, remuneration and social security | 45 | €1,306 | - | -€1,306 | |
| Taxes | 450/3 | €1,306 | - | -€1,306 | |
| Other amounts payable | 47/48 | €7,689 | €102 | -€7,587 | -98.7% |
| Accrued charges and deferred income | 492/3 | €160 | €400 | +€240 | +150.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,343 | €2,502 | -€1,841 | -42.4% |
| Other operating charges | 640/8 | €473 | €277 | -€197 | -41.5% |
| Gross operating margin | 9900 | €17,881 | €88 | -€17,793 | -99.5% |
| Operating profit (loss) | 9901 | €13,065 | -€2,690 | -€15,755 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -97.2% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -97.2% |
| Financial charges | 65/66B | €135 | €92 | -€43 | -32.0% |
| Recurring financial charges | 65 | €135 | €92 | -€43 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €12,936 | -€2,782 | -€15,719 | |
| Income taxes | 67/77 | €1,306 | - | -€1,306 | |
| Profit (loss) for the period | 9904 | €11,631 | -€2,782 | -€14,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,631 | -€2,782 | -€14,413 |
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 10 October 2026 via checked.be.