RESIDEAU: 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.
RESIDEAU
Largest movements
- Stocks and contracts +€2.1m
up €2.1m (+113.7%), from €1.9m to €4.0m
- Deferred charges and accrued income +€560,000
new in 2025: €560,000
- Cash +€230,069
up €230,069 (+227.9%), from €100,935 to €331,004
mainly Other debts (+€1.6m) and Trade debts (+€1.3m)
- Receivables within one year -€118,457
down €118,457 (-34.4%), from €343,863 to €225,407
of which Other amounts receivable: -€65,732
- Other debts +€1.6m
up €1.6m (+77.9%), from €2.0m to €3.6m
- Trade debts +€1.3m
up €1.3m (+1082.7%), from €115,999 to €1.4m
- Gross operating margin +€30,783
up €30,783 (+44.7%), from -€68,865 to -€38,082
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 | €2,326,996 | €5,138,861 | +€2.8m | +120.8% |
| Current assets | 29/58 | €2,326,996 | €5,138,861 | +€2.8m | +120.8% |
| Stocks and contracts in progress | 3 | €1,882,199 | €4,022,451 | +€2.1m | +113.7% |
| Contracts in progress | 37 | €1,882,199 | €4,022,451 | +€2.1m | +113.7% |
| Amounts receivable within one year | 40/41 | €343,863 | €225,407 | -€118,457 | -34.4% |
| Trade receivables | 40 | €84,272 | €31,547 | -€52,725 | -62.6% |
| Other amounts receivable | 41 | €259,591 | €193,859 | -€65,732 | -25.3% |
| Cash at bank and in hand | 54/58 | €100,935 | €331,004 | +€230,069 | +227.9% |
| Deferred charges and accrued income | 490/1 | - | €560,000 | +€560,000 | |
| Total equity and liabilities | 10/49 | €2,326,996 | €5,138,861 | +€2.8m | +120.8% |
| Equity | 10/15 | €161,338 | €120,126 | -€41,212 | -25.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €99,338 | €58,126 | -€41,212 | -41.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €93,138 | €51,926 | -€41,212 | -44.2% |
| Amounts payable | 17/49 | €2,165,658 | €5,018,735 | +€2.9m | +131.7% |
| Amounts payable within one year | 42/48 | €2,165,615 | €5,018,283 | +€2.9m | +131.7% |
| Trade debts | 44 | €115,999 | €1,371,926 | +€1.3m | +1082.7% |
| Suppliers | 440/4 | €115,999 | €1,371,926 | +€1.3m | +1082.7% |
| Other amounts payable | 47/48 | €2,049,616 | €3,646,357 | +€1.6m | +77.9% |
| Accrued charges and deferred income | 492/3 | €44 | €451 | +€408 | +933.8% |
| Non-recurring operating income | 76A | - | €18,669 | +€18,669 | |
| Other operating charges | 640/8 | €1,098 | €998 | -€99 | -9.0% |
| Gross operating margin | 9900 | -€68,865 | -€38,082 | +€30,783 | +44.7% |
| Operating profit (loss) | 9901 | -€69,962 | -€39,081 | +€30,882 | +44.1% |
| Financial charges | 65/66B | €2,013 | €2,131 | +€118 | +5.9% |
| Recurring financial charges | 65 | €2,013 | €2,131 | +€118 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€71,975 | -€41,212 | +€30,763 | +42.7% |
| Profit (loss) for the period | 9904 | -€71,975 | -€41,212 | +€30,763 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,975 | -€41,212 | +€30,763 | +42.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.