RESERVOIR MAG: 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.
RESERVOIR MAG
Largest movements
- Receivables within one year -€8,243
down €8,243 (-20.0%), from €41,220 to €32,977
of which Trade receivables: -€5,197
- Profit (loss) carried forward -€13,711
down €13,711 (-76.6%), from -€17,888 to -€31,599
- Other debts +€8,436
up €8,436 (+23.9%), from €35,320 to €43,756
- Tax, wage and social debts -€2,497
down €2,497 (-96.6%), from €2,586 to €89
of which Remuneration and social security: -€2,500
- Gross operating margin +€5,187
up €5,187 (+43.3%), from -€11,984 to -€6,797
- Depreciation -€4,747
down €4,747 (-84.6%), from €5,608 to €861
- Financial charges +€626
up €626 (+59.3%), from €1,056 to €1,682
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 | €162,505 | €154,106 | -€8,399 | -5.2% |
| Fixed assets | 21/28 | €1,052 | €190 | -€862 | -81.9% |
| Tangible fixed assets | 22/27 | €1,052 | €190 | -€862 | -81.9% |
| Furniture and vehicles | 24 | €151 | €23 | -€128 | -84.7% |
| Other tangible fixed assets | 26 | €901 | €167 | -€734 | -81.5% |
| Current assets | 29/58 | €161,453 | €153,916 | -€7,537 | -4.7% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,220 | €32,977 | -€8,243 | -20.0% |
| Trade receivables | 40 | €6,390 | €1,193 | -€5,197 | -81.3% |
| Other amounts receivable | 41 | €34,830 | €31,784 | -€3,046 | -8.7% |
| Cash at bank and in hand | 54/58 | €5 | €666 | +€661 | +13,219% |
| Deferred charges and accrued income | 490/1 | €228 | €273 | +€45 | +19.7% |
| Total equity and liabilities | 10/49 | €162,505 | €154,106 | -€8,399 | -5.2% |
| Equity | 10/15 | €123,972 | €110,261 | -€13,711 | -11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €129,460 | €129,460 | = | 0.0% |
| Distributable reserves | 133 | €129,460 | €129,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,888 | -€31,599 | -€13,711 | -76.6% |
| Amounts payable | 17/49 | €38,533 | €43,845 | +€5,312 | +13.8% |
| Amounts payable within one year | 42/48 | €38,533 | €43,845 | +€5,312 | +13.8% |
| Trade debts | 44 | €627 | - | -€627 | |
| Suppliers | 440/4 | €627 | - | -€627 | |
| Taxes, remuneration and social security | 45 | €2,586 | €89 | -€2,497 | -96.6% |
| Taxes | 450/3 | €86 | €89 | +€3 | +3.2% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €35,320 | €43,756 | +€8,436 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,608 | €861 | -€4,747 | -84.6% |
| Other operating charges | 640/8 | €95 | - | -€95 | |
| Non-recurring operating charges | 66A | - | €4,282 | +€4,282 | |
| Gross operating margin | 9900 | -€11,984 | -€6,797 | +€5,187 | +43.3% |
| Operating profit (loss) | 9901 | -€17,687 | -€11,940 | +€5,747 | +32.5% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €1,056 | €1,682 | +€626 | +59.3% |
| Recurring financial charges | 65 | €1,056 | €1,682 | +€626 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,713 | -€13,622 | +€5,091 | +27.2% |
| Income taxes | 67/77 | €85 | €89 | +€4 | +4.4% |
| Profit (loss) for the period | 9904 | -€18,798 | -€13,711 | +€5,087 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,798 | -€13,711 | +€5,087 | +27.1% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.