RESIGRASS: 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.
RESIGRASS
Largest movements
- Intangible fixed assets -€127,447
down €127,447 (-17.1%), from €743,581 to €616,134
- Cash -€92,812
down €92,812 (-51.2%), from €181,151 to €88,339
mainly Trade debts (-€351,259) and Net result for the year (-€158,470)
- Receivables within one year +€66,479
up €66,479 (+49.6%), from €134,073 to €200,553
of which Trade receivables: +€67,066
- Financial fixed assets +€33,696
up €33,696 (+179.7%), from €18,750 to €52,446
- Stocks and contracts +€25,006
up €25,006 (+20.7%), from €120,584 to €145,590
- Debts after one year +€391,750
up €391,750 (+136.8%), from €286,361 to €678,111
of which Other amounts payable: +€395,692
- Trade debts -€351,259
down €351,259 (-90.8%), from €386,820 to €35,560
- Revaluation surpluses -€120,424
down €120,424 (-16.7%), from €722,546 to €602,122
- Profit (loss) carried forward -€36,952
down €36,952 (-17.7%), from -€208,646 to -€245,598
- Current portion of long-term debt -€16,783
down €16,783 (-81.0%), from €20,725 to €3,942
- Gross operating margin -€41,720
down €41,720 (-25.9%), from €161,322 to €119,602
- Other operating charges +€13,155
up €13,155 (+304.4%), from €4,321 to €17,476
- Staff costs +€5,039
up €5,039 (+5.3%), from €95,745 to €100,783
- Depreciation -€3,072
down €3,072 (-2.0%), from €152,426 to €149,355
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 | €1,229,064 | €1,110,699 | -€118,365 | -9.6% |
| Fixed assets | 21/28 | €787,248 | €674,786 | -€112,462 | -14.3% |
| Intangible fixed assets | 21 | €743,581 | €616,134 | -€127,447 | -17.1% |
| Tangible fixed assets | 22/27 | €24,918 | €6,206 | -€18,711 | -75.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €1,598 | +€1,598 | |
| Leasing and similar rights | 25 | €24,918 | €4,608 | -€20,310 | -81.5% |
| Financial fixed assets | 28 | €18,750 | €52,446 | +€33,696 | +179.7% |
| Current assets | 29/58 | €441,816 | €435,913 | -€5,903 | -1.3% |
| Stocks and contracts in progress | 3 | €120,584 | €145,590 | +€25,006 | +20.7% |
| Stocks | 30/36 | €120,584 | €145,590 | +€25,006 | +20.7% |
| Amounts receivable within one year | 40/41 | €134,073 | €200,553 | +€66,479 | +49.6% |
| Trade receivables | 40 | €133,486 | €200,553 | +€67,066 | +50.2% |
| Other amounts receivable | 41 | €587 | €0 | -€587 | -100.0% |
| Cash at bank and in hand | 54/58 | €181,151 | €88,339 | -€92,812 | -51.2% |
| Deferred charges and accrued income | 490/1 | €6,008 | €1,432 | -€4,576 | -76.2% |
| Total equity and liabilities | 10/49 | €1,229,064 | €1,110,699 | -€118,365 | -9.6% |
| Equity | 10/15 | €514,994 | €356,524 | -€158,470 | -30.8% |
| Revaluation surpluses | 12 | €722,546 | €602,122 | -€120,424 | -16.7% |
| Reserves | 13 | €1,094 | €0 | -€1,094 | -100.0% |
| Tax-exempt reserves | 132 | €1,094 | €0 | -€1,094 | -100.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€208,646 | -€245,598 | -€36,952 | -17.7% |
| Provisions and deferred taxes | 16 | €365 | €0 | -€365 | -100.0% |
| Deferred taxes | 168 | €365 | €0 | -€365 | -100.0% |
| Amounts payable | 17/49 | €713,706 | €754,175 | +€40,469 | +5.7% |
| Amounts payable after more than one year | 17 | €286,361 | €678,111 | +€391,750 | +136.8% |
| Financial debts | 170/4 | €3,942 | €0 | -€3,942 | -100.0% |
| Other amounts payable | 178/9 | €282,420 | €678,111 | +€395,692 | +140.1% |
| Amounts payable within one year | 42/48 | €423,673 | €72,347 | -€351,326 | -82.9% |
| Current portion of amounts payable after more than one year | 42 | €20,725 | €3,942 | -€16,783 | -81.0% |
| Trade debts | 44 | €386,820 | €35,560 | -€351,259 | -90.8% |
| Suppliers | 440/4 | €386,820 | €35,560 | -€351,259 | -90.8% |
| Taxes, remuneration and social security | 45 | €16,128 | €32,845 | +€16,717 | +103.7% |
| Taxes | 450/3 | €3,390 | €14,075 | +€10,685 | +315.2% |
| Remuneration and social security | 454/9 | €12,738 | €18,770 | +€6,032 | +47.4% |
| Accrued charges and deferred income | 492/3 | €3,672 | €3,717 | +€45 | +1.2% |
| Remuneration, social security and pensions | 62 | €95,745 | €100,783 | +€5,039 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,426 | €149,355 | -€3,072 | -2.0% |
| Other operating charges | 640/8 | €4,321 | €17,476 | +€13,155 | +304.4% |
| Gross operating margin | 9900 | €161,322 | €119,602 | -€41,720 | -25.9% |
| Operating profit (loss) | 9901 | -€91,170 | -€148,012 | -€56,842 | -62.3% |
| Financial income | 75/76B | €49 | €5 | -€43 | -88.8% |
| Recurring financial income | 75 | €49 | €5 | -€43 | -88.8% |
| Financial charges | 65/66B | €9,546 | €10,588 | +€1,043 | +10.9% |
| Recurring financial charges | 65 | €9,546 | €10,588 | +€1,043 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€100,667 | -€158,595 | -€57,928 | -57.5% |
| Transfer from deferred taxes | 780 | €625 | €365 | -€260 | -41.7% |
| Income taxes | 67/77 | €237 | €239 | +€2 | +0.9% |
| Profit (loss) for the period | 9904 | -€100,279 | -€158,470 | -€58,191 | -58.0% |
| Transfer from tax-exempt reserves | 789 | €1,875 | €1,094 | -€781 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,404 | -€157,376 | -€58,972 | -59.9% |
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 3 October 2026 via checked.be.