RESMA: 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.
RESMA
Largest movements
- Current investments -€700,000
down €700,000 (-100.0%), from €700,000 to €0
- Receivables within one year +€597,904
up €597,904 (+91.2%), from €655,432 to €1.3m
- Cash +€117,286
up €117,286 (+398.1%), from €29,465 to €146,750
mainly Current investments (+€700,000) and Net result for the year (+€22,854)
- Reserves +€22,854
up €22,854 (+4.3%), from €535,162 to €558,016
- Financial income +€5,046
up €5,046 (+12.9%), from €39,009 to €44,055
- Gross operating margin +€3,553
up €3,553, from -€2,090 to €1,463
- Taxes +€2,790
up €2,790 (+48.3%), from €5,780 to €8,570
- Depreciation -€2,540
down €2,540 (-17.7%), from €14,325 to €11,785
- Other operating charges +€703
up €703 (+51.4%), from €1,366 to €2,069
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 | €1,723,146 | €1,746,223 | +€23,077 | +1.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €329,005 | €320,422 | -€8,584 | -2.6% |
| Tangible fixed assets | 22/27 | €329,005 | €320,422 | -€8,584 | -2.6% |
| Land and buildings | 22 | €329,005 | €320,422 | -€8,584 | -2.6% |
| Current assets | 29/58 | €1,394,140 | €1,425,801 | +€31,661 | +2.3% |
| Amounts receivable within one year | 40/41 | €655,432 | €1,253,337 | +€597,904 | +91.2% |
| Other amounts receivable | 41 | €655,432 | €1,253,337 | +€597,904 | +91.2% |
| Current investments | 50/53 | €700,000 | €0 | -€700,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €29,465 | €146,750 | +€117,286 | +398.1% |
| Deferred charges and accrued income | 490/1 | €9,243 | €25,714 | +€16,471 | +178.2% |
| Total equity and liabilities | 10/49 | €1,723,146 | €1,746,223 | +€23,077 | +1.3% |
| Equity | 10/15 | €1,336,489 | €1,359,343 | +€22,854 | +1.7% |
| Contributions | 10/11 | €801,327 | €801,327 | = | 0.0% |
| Reserves | 13 | €535,162 | €558,016 | +€22,854 | +4.3% |
| Distributable reserves | 133 | €535,162 | €558,016 | +€22,854 | +4.3% |
| Amounts payable | 17/49 | €386,656 | €386,880 | +€224 | +0.1% |
| Amounts payable within one year | 42/48 | €385,072 | €385,211 | +€140 | 0.0% |
| Trade debts | 44 | €2,926 | €790 | -€2,136 | -73.0% |
| Suppliers | 440/4 | €2,926 | €790 | -€2,136 | -73.0% |
| Taxes, remuneration and social security | 45 | €187 | €8,282 | +€8,095 | +4326.2% |
| Taxes | 450/3 | €187 | €8,282 | +€8,095 | +4326.2% |
| Other amounts payable | 47/48 | €381,959 | €376,139 | -€5,819 | -1.5% |
| Accrued charges and deferred income | 492/3 | €1,585 | €1,669 | +€84 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,325 | €11,785 | -€2,540 | -17.7% |
| Other operating charges | 640/8 | €1,366 | €2,069 | +€703 | +51.4% |
| Gross operating margin | 9900 | -€2,090 | €1,463 | +€3,553 | |
| Operating profit (loss) | 9901 | -€17,781 | -€12,390 | +€5,391 | +30.3% |
| Financial income | 75/76B | €39,009 | €44,055 | +€5,046 | +12.9% |
| Recurring financial income | 75 | €39,009 | €44,055 | +€5,046 | +12.9% |
| Financial charges | 65/66B | €34 | €241 | +€207 | +612.4% |
| Recurring financial charges | 65 | €34 | €241 | +€207 | +612.4% |
| Profit (loss) for the period before taxes | 9903 | €21,195 | €31,424 | +€10,229 | +48.3% |
| Income taxes | 67/77 | €5,780 | €8,570 | +€2,790 | +48.3% |
| Profit (loss) for the period | 9904 | €15,414 | €22,854 | +€7,439 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,414 | €22,854 | +€7,439 | +48.3% |
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 3 October 2026 via checked.be.