RESINIT: 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.
What changed
RESINIT
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€868,876
2024 · €1.2m-€300,852
Equity
€5.8m
2024 · €5.5m+€258,047
Cash
€842,768
2024 · €893,586-€50,819
Balance sheet total
€7.9m
2024 · €7.8m+€86,702
Largest movements
Assets
- Current investments +€423,960
up €423,960 (+7.0%), from €6.0m to €6.5m
- Receivables within one year -€231,145
down €231,145 (-35.3%), from €653,897 to €422,752
of which Trade receivables: -€158,935
Equity and liabilities
- Reserves +€258,047
up €258,047 (+4.9%), from €5.3m to €5.5m
of which Distributable reserves: +€258,047
- Trade debts -€131,850
down €131,850 (-41.7%), from €315,917 to €184,067
Income statement
- Gross operating margin -€340,284
down €340,284 (-15.4%), from €2.2m to €1.9m
- Taxes -€145,090
down €145,090 (-26.2%), from €553,260 to €408,170
- Financial income -€78,411
down €78,411 (-34.7%), from €226,199 to €147,787
- Staff costs +€40,973
up €40,973 (+7.5%), from €544,973 to €585,946
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.
Result 2024
€1.2m
Gross operating margin
-€340,284
Staff costs
-€40,973
Depreciation
-€16,193
Write-downs
+€9,319
Provisions
+€19,146
Other operating charges
-€220
Other operating items
+€500
Financial income
-€78,411
Financial charges
+€1,176
Taxes
+€145,090
Result 2025
€868,876
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.
From operations
+€983,970
Investment
-€423,960
Financing
-€610,828
Cash 2024
€893,586
From operations (derived)
+€983,970
Net result for the year
+€868,876
Depreciation
+€45,674
Stocks and contracts
-€3,844
Receivables within one year
+€231,145
Deferred charges and accrued income
+€13,464
Provisions
-€12,350
Trade debts
-€131,850
Tax, wage and social debts
-€14,760
Other debts
-€4,134
Accrued charges and deferred income
-€8,251
Investment (derived)
-€423,960
Current investments
-€423,960
Financing
-€610,828
Contributions, distributions and other
-€610,828
Cash 2025
€842,768
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,809,779 | €7,896,481 | +€86,702 | +1.1% |
| Fixed assets | 21/28 | €146,384 | €100,710 | -€45,674 | -31.2% |
| Tangible fixed assets | 22/27 | €146,384 | €100,710 | -€45,674 | -31.2% |
| Plant, machinery and equipment | 23 | €2,856 | €2,079 | -€777 | -27.2% |
| Furniture and vehicles | 24 | €141,626 | €97,636 | -€43,990 | -31.1% |
| Other tangible fixed assets | 26 | €1,902 | €995 | -€907 | -47.7% |
| Current assets | 29/58 | €7,663,395 | €7,795,772 | +€132,377 | +1.7% |
| Stocks and contracts in progress | 3 | €42,862 | €46,707 | +€3,844 | +9.0% |
| Stocks | 30/36 | €42,862 | €46,707 | +€3,844 | +9.0% |
| Amounts receivable within one year | 40/41 | €653,897 | €422,752 | -€231,145 | -35.3% |
| Trade receivables | 40 | €476,443 | €317,508 | -€158,935 | -33.4% |
| Other amounts receivable | 41 | €177,454 | €105,244 | -€72,210 | -40.7% |
| Current investments | 50/53 | €6,031,752 | €6,455,713 | +€423,960 | +7.0% |
| Cash at bank and in hand | 54/58 | €893,586 | €842,768 | -€50,819 | -5.7% |
| Deferred charges and accrued income | 490/1 | €41,297 | €27,833 | -€13,464 | -32.6% |
| Total equity and liabilities | 10/49 | €7,809,779 | €7,896,481 | +€86,702 | +1.1% |
| Equity | 10/15 | €5,546,000 | €5,804,047 | +€258,047 | +4.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €5,278,689 | €5,536,737 | +€258,047 | +4.9% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €5,271,253 | €5,529,300 | +€258,047 | +4.9% |
| Profit (loss) carried forward | 14 | €192,942 | €192,942 | = | 0.0% |
| Provisions and deferred taxes | 16 | €73,691 | €61,342 | -€12,350 | -16.8% |
| Provisions for liabilities and charges | 160/5 | €73,691 | €61,342 | -€12,350 | -16.8% |
| Other liabilities and charges | 164/5 | €73,691 | €61,342 | -€12,350 | -16.8% |
| Amounts payable | 17/49 | €2,190,088 | €2,031,092 | -€158,996 | -7.3% |
| Amounts payable after more than one year | 17 | €900,000 | €900,000 | = | 0.0% |
| Financial debts | 170/4 | €900,000 | €900,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,167,601 | €1,016,857 | -€150,744 | -12.9% |
| Trade debts | 44 | €315,917 | €184,067 | -€131,850 | -41.7% |
| Suppliers | 440/4 | €315,917 | €184,067 | -€131,850 | -41.7% |
| Taxes, remuneration and social security | 45 | €168,742 | €153,982 | -€14,760 | -8.7% |
| Taxes | 450/3 | €117,616 | €87,531 | -€30,085 | -25.6% |
| Remuneration and social security | 454/9 | €51,127 | €66,452 | +€15,325 | +30.0% |
| Other amounts payable | 47/48 | €682,941 | €678,807 | -€4,134 | -0.6% |
| Accrued charges and deferred income | 492/3 | €122,487 | €114,236 | -€8,251 | -6.7% |
| Non-recurring operating income | 76A | €1,033 | €0 | -€1,033 | -100.0% |
| Remuneration, social security and pensions | 62 | €544,973 | €585,946 | +€40,973 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,481 | €45,674 | +€16,193 | +54.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,319 | €0 | -€9,319 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,796 | -€12,350 | -€19,146 | |
| Other operating charges | 640/8 | €13,397 | €13,617 | +€220 | +1.6% |
| Non-recurring operating charges | 66A | €500 | €0 | -€500 | -100.0% |
| Gross operating margin | 9900 | €2,206,007 | €1,865,722 | -€340,284 | -15.4% |
| Operating profit (loss) | 9901 | €1,601,541 | €1,232,835 | -€368,706 | -23.0% |
| Financial income | 75/76B | €226,199 | €147,787 | -€78,411 | -34.7% |
| Recurring financial income | 75 | €226,199 | €147,787 | -€78,411 | -34.7% |
| Financial charges | 65/66B | €104,752 | €103,577 | -€1,176 | -1.1% |
| Recurring financial charges | 65 | €104,752 | €93,935 | -€10,817 | -10.3% |
| Non-recurring financial charges | 66B | - | €9,642 | +€9,642 | |
| Profit (loss) for the period before taxes | 9903 | €1,722,987 | €1,277,046 | -€445,941 | -25.9% |
| Income taxes | 67/77 | €553,260 | €408,170 | -€145,090 | -26.2% |
| Profit (loss) for the period | 9904 | €1,169,728 | €868,876 | -€300,852 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,169,728 | €868,876 | -€300,852 | -25.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.