RESENGO: 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.
RESENGO
Largest movements
- Cash -€392,082
down €392,082 (-62.0%), from €632,781 to €240,699
mainly Other debts (-€483,008) and Accrued charges and deferred income (-€465,575)
- Receivables within one year -€158,191
down €158,191 (-12.0%), from €1.3m to €1.2m
of which Other amounts receivable: -€156,655
- Other debts -€483,008
down €483,008 (-46.8%), from €1.0m to €549,380
- Accrued charges and deferred income -€465,575
down €465,575 (-96.1%), from €484,283 to €18,707
- Profit (loss) carried forward +€322,073
up €322,073 (+17.9%), from -€1.8m to -€1.5m
- Trade debts +€156,590
up €156,590 (+205.0%), from €76,378 to €232,968
- Tax, wage and social debts -€100,589
down €100,589 (-92.9%), from €108,261 to €7,672
of which Taxes: -€67,741
- Gross operating margin -€1.5m
down €1.5m (-70.0%), from €2.1m to €637,784
- Staff costs -€1.1m
down €1.1m (-88.3%), from €1.2m to €144,640
- Other operating charges +€111,668
up €111,668 (+117.1%), from €95,395 to €207,063
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 | €2,269,858 | €1,699,347 | -€570,511 | -25.1% |
| Fixed assets | 21/28 | €313,624 | €301,673 | -€11,950 | -3.8% |
| Tangible fixed assets | 22/27 | €7,047 | €195 | -€6,852 | -97.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €6,052 | €195 | -€5,857 | -96.8% |
| Furniture and vehicles | 24 | €995 | €0 | -€995 | -100.0% |
| Financial fixed assets | 28 | €306,577 | €301,478 | -€5,099 | -1.7% |
| Current assets | 29/58 | €1,956,234 | €1,397,674 | -€558,560 | -28.6% |
| Amounts receivable within one year | 40/41 | €1,314,738 | €1,156,546 | -€158,191 | -12.0% |
| Trade receivables | 40 | €341,070 | €339,533 | -€1,537 | -0.5% |
| Other amounts receivable | 41 | €973,668 | €817,013 | -€156,655 | -16.1% |
| Cash at bank and in hand | 54/58 | €632,781 | €240,699 | -€392,082 | -62.0% |
| Deferred charges and accrued income | 490/1 | €8,715 | €428 | -€8,287 | -95.1% |
| Total equity and liabilities | 10/49 | €2,269,858 | €1,699,347 | -€570,511 | -25.1% |
| Equity | 10/15 | -€174,453 | €147,620 | +€322,073 | |
| Contributions | 10/11 | €1,428,167 | €1,428,167 | = | 0.0% |
| Capital | 10 | €1,428,167 | €1,428,167 | = | 0.0% |
| Issued capital | 100 | €1,428,167 | €1,428,167 | = | 0.0% |
| Reserves | 13 | €197,152 | €197,152 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,933 | €10,933 | = | 0.0% |
| Legal reserve | 130 | €10,933 | €10,933 | = | 0.0% |
| Distributable reserves | 133 | €186,219 | €186,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,799,772 | -€1,477,699 | +€322,073 | +17.9% |
| Amounts payable | 17/49 | €2,444,311 | €1,551,727 | -€892,583 | -36.5% |
| Amounts payable after more than one year | 17 | €743,000 | €743,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €743,000 | €743,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,217,028 | €790,020 | -€427,008 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €76,378 | €232,968 | +€156,590 | +205.0% |
| Suppliers | 440/4 | €76,378 | €232,968 | +€156,590 | +205.0% |
| Taxes, remuneration and social security | 45 | €108,261 | €7,672 | -€100,589 | -92.9% |
| Taxes | 450/3 | €67,858 | €117 | -€67,741 | -99.8% |
| Remuneration and social security | 454/9 | €40,403 | €7,555 | -€32,848 | -81.3% |
| Other amounts payable | 47/48 | €1,032,389 | €549,380 | -€483,008 | -46.8% |
| Accrued charges and deferred income | 492/3 | €484,283 | €18,707 | -€465,575 | -96.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,231,985 | €144,640 | -€1.1m | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,536 | €317 | -€10,219 | -97.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€15,000 | -€15,000 | |
| Other operating charges | 640/8 | €95,395 | €207,063 | +€111,668 | +117.1% |
| Non-recurring operating charges | 66A | €327,316 | €4,501 | -€322,815 | -98.6% |
| Gross operating margin | 9900 | €2,123,802 | €637,784 | -€1.5m | -70.0% |
| Operating profit (loss) | 9901 | €458,569 | €296,263 | -€162,306 | -35.4% |
| Financial income | 75/76B | €21,572 | €33,050 | +€11,478 | +53.2% |
| Recurring financial income | 75 | €21,188 | €33,050 | +€11,862 | +56.0% |
| Non-recurring financial income | 76B | €384 | €0 | -€384 | -100.0% |
| Financial charges | 65/66B | €15,503 | €7,240 | -€8,263 | -53.3% |
| Recurring financial charges | 65 | €15,503 | €7,240 | -€8,263 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €464,638 | €322,073 | -€142,565 | -30.7% |
| Income taxes | 67/77 | €2,356 | €0 | -€2,356 | -100.0% |
| Profit (loss) for the period | 9904 | €462,281 | €322,073 | -€140,209 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €462,281 | €322,073 | -€140,209 | -30.3% |
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.