Resman: 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.
Resman
Largest movements
- Current investments +€92,401
new in 2025: €92,401
- Cash -€82,459
down €82,459 (-97.4%), from €84,703 to €2,244
mainly Current investments (-€92,401) and Debts after one year (-€31,359)
- Tangible fixed assets -€12,779
down €12,779 (-2.9%), from €442,013 to €429,234
of which Land and buildings: -€33,110
- Receivables within one year +€11,410
up €11,410 (+1135.8%), from €1,005 to €12,414
of which Trade receivables: +€10,979
- Debts after one year -€31,359
down €31,359 (-8.3%), from €376,808 to €345,448
of which Financial debts: -€31,359
- Reserves +€27,661
up €27,661 (+28.9%), from €95,860 to €123,521
of which Distributable reserves: +€29,521
- Profit (loss) carried forward +€13,066
up €13,066, from -€13,066 to €0
- Tax, wage and social debts +€5,618
new in 2025: €5,618
- Gross operating margin +€49,200
up €49,200 (+94.5%), from €52,072 to €101,272
- Taxes +€14,120
new in 2025: €14,120
- Depreciation +€4,089
up €4,089 (+12.3%), from €33,110 to €37,199
- Financial income +€1,618
new in 2025: €1,618
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 | €528,439 | €537,667 | +€9,228 | +1.7% |
| Fixed assets | 21/28 | €442,013 | €429,234 | -€12,779 | -2.9% |
| Tangible fixed assets | 22/27 | €442,013 | €429,234 | -€12,779 | -2.9% |
| Land and buildings | 22 | €442,013 | €408,902 | -€33,110 | -7.5% |
| Furniture and vehicles | 24 | - | €20,332 | +€20,332 | |
| Current assets | 29/58 | €86,426 | €108,433 | +€22,007 | +25.5% |
| Amounts receivable within one year | 40/41 | €1,005 | €12,414 | +€11,410 | +1135.8% |
| Trade receivables | 40 | €996 | €11,975 | +€10,979 | +1102.1% |
| Other amounts receivable | 41 | €8 | €439 | +€431 | +5127.7% |
| Current investments | 50/53 | - | €92,401 | +€92,401 | |
| Cash at bank and in hand | 54/58 | €84,703 | €2,244 | -€82,459 | -97.4% |
| Deferred charges and accrued income | 490/1 | €719 | €1,374 | +€656 | +91.2% |
| Total equity and liabilities | 10/49 | €528,439 | €537,667 | +€9,228 | +1.7% |
| Equity | 10/15 | €88,994 | €129,721 | +€40,727 | +45.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,860 | €123,521 | +€27,661 | +28.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €94,000 | €123,521 | +€29,521 | +31.4% |
| Profit (loss) carried forward | 14 | -€13,066 | €0 | +€13,066 | |
| Amounts payable | 17/49 | €439,445 | €407,946 | -€31,498 | -7.2% |
| Amounts payable after more than one year | 17 | €376,808 | €345,448 | -€31,359 | -8.3% |
| Financial debts | 170/4 | €375,508 | €344,148 | -€31,359 | -8.4% |
| Other amounts payable | 178/9 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €62,522 | €60,682 | -€1,840 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €36,779 | €34,359 | -€2,419 | -6.6% |
| Financial debts | 43 | - | €72 | +€72 | |
| Credit institutions | 430/8 | - | €72 | +€72 | |
| Trade debts | 44 | €5,503 | €2,562 | -€2,941 | -53.4% |
| Suppliers | 440/4 | €5,503 | €2,562 | -€2,941 | -53.4% |
| Taxes, remuneration and social security | 45 | - | €5,618 | +€5,618 | |
| Taxes | 450/3 | - | €5,618 | +€5,618 | |
| Other amounts payable | 47/48 | €20,240 | €18,070 | -€2,170 | -10.7% |
| Accrued charges and deferred income | 492/3 | €115 | €1,816 | +€1,701 | +1480.7% |
| Non-recurring operating income | 76A | - | €753 | +€753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,110 | €37,199 | +€4,089 | +12.3% |
| Other operating charges | 640/8 | €3,932 | €3,538 | -€394 | -10.0% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €52,072 | €101,272 | +€49,200 | +94.5% |
| Operating profit (loss) | 9901 | €15,030 | €60,534 | +€45,504 | +302.8% |
| Financial income | 75/76B | - | €1,618 | +€1,618 | |
| Recurring financial income | 75 | - | €1,618 | +€1,618 | |
| Financial charges | 65/66B | €7,584 | €7,305 | -€278 | -3.7% |
| Recurring financial charges | 65 | €7,369 | €7,305 | -€63 | -0.9% |
| Non-recurring financial charges | 66B | €215 | - | -€215 | |
| Profit (loss) for the period before taxes | 9903 | €7,446 | €54,846 | +€47,401 | +636.6% |
| Income taxes | 67/77 | - | €14,120 | +€14,120 | |
| Profit (loss) for the period | 9904 | €7,446 | €40,727 | +€33,281 | +447.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,446 | €40,727 | +€33,281 | +447.0% |
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 10 October 2026 via checked.be.