RESO: 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
RESO
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€219,252
2024 · €167,708+€51,544
Equity
€15.7m
2024 · €15.5m+€219,252
Cash
€254,080
2024 · €121,614+€132,466
Balance sheet total
€22.8m
2024 · €22.4m+€405,313
Largest movements
Assets
- Current investments +€600,000
up €600,000 (+30.0%), from €2.0m to €2.6m
- Tangible fixed assets -€271,016
down €271,016 (-2.6%), from €10.4m to €10.1m
of which Land and buildings: -€254,912
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
No income-statement line moved by more than 1% of the activity.
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
€167,708
Depreciation
+€4,091
Other operating charges
-€3,862
Other operating items
+€46,658
Financial income
-€8,014
Financial charges
+€28,674
Taxes
-€16,002
Result 2025
€219,252
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
+€750,254
Investment
-€619,423
Financing
+€1,635
Cash 2024
€121,614
From operations (derived)
+€750,254
Net result for the year
+€219,252
Depreciation
+€290,439
Receivables within one year
+€57,273
Deferred charges and accrued income
-€1,135
Trade debts
-€7,880
Tax, wage and social debts
+€10,197
Other debts
+€178,981
Accrued charges and deferred income
+€3,128
Investment (derived)
-€619,423
Investment in fixed assets (net)
-€19,423
Current investments
-€600,000
Financing
+€1,635
Debts after one year
+€1,635
Cash 2025
€254,080
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,441,131 | €22,846,444 | +€405,313 | +1.8% |
| Fixed assets | 21/28 | €20,242,051 | €19,971,035 | -€271,016 | -1.3% |
| Tangible fixed assets | 22/27 | €10,402,976 | €10,131,960 | -€271,016 | -2.6% |
| Land and buildings | 22 | €10,285,889 | €10,030,977 | -€254,912 | -2.5% |
| Plant, machinery and equipment | 23 | €87,710 | €100,983 | +€13,273 | +15.1% |
| Assets under construction and advance payments | 27 | €29,377 | - | -€29,377 | |
| Financial fixed assets | 28 | €9,839,075 | €9,839,075 | = | 0.0% |
| Affiliated companies | 280/1 | €9,838,088 | €9,838,088 | = | 0.0% |
| Participating interests | 280 | €9,838,088 | €9,838,088 | = | 0.0% |
| Other financial fixed assets | 284/8 | €987 | €987 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €987 | €987 | = | 0.0% |
| Current assets | 29/58 | €2,199,080 | €2,875,408 | +€676,328 | +30.8% |
| Amounts receivable within one year | 40/41 | €73,370 | €16,098 | -€57,273 | -78.1% |
| Trade receivables | 40 | €6,195 | €6,195 | = | 0.0% |
| Other amounts receivable | 41 | €67,175 | €9,902 | -€57,273 | -85.3% |
| Current investments | 50/53 | €2,000,000 | €2,600,000 | +€600,000 | +30.0% |
| Other investments | 51/53 | €2,000,000 | €2,600,000 | +€600,000 | +30.0% |
| Cash at bank and in hand | 54/58 | €121,614 | €254,080 | +€132,466 | +108.9% |
| Deferred charges and accrued income | 490/1 | €4,095 | €5,230 | +€1,135 | +27.7% |
| Total equity and liabilities | 10/49 | €22,441,131 | €22,846,444 | +€405,313 | +1.8% |
| Equity | 10/15 | €15,489,876 | €15,709,128 | +€219,252 | +1.4% |
| Contributions | 10/11 | €1,265,000 | €1,265,000 | = | 0.0% |
| Capital | 10 | €1,265,000 | €1,265,000 | = | 0.0% |
| Issued capital | 100 | €1,265,000 | €1,265,000 | = | 0.0% |
| Reserves | 13 | €14,224,876 | €14,444,128 | +€219,252 | +1.5% |
| Non-distributable reserves | 130/1 | €127,005 | €127,005 | = | 0.0% |
| Legal reserve | 130 | €126,500 | €126,500 | = | 0.0% |
| Other | 1319 | €505 | €505 | = | 0.0% |
| Distributable reserves | 133 | €14,097,871 | €14,317,123 | +€219,252 | +1.6% |
| Amounts payable | 17/49 | €6,951,255 | €7,137,315 | +€186,060 | +2.7% |
| Amounts payable after more than one year | 17 | €4,545,435 | €4,547,070 | +€1,635 | 0.0% |
| Financial debts | 170/4 | €4,545,000 | €4,545,000 | = | 0.0% |
| Subordinated loans | 170 | €1,545,000 | €1,545,000 | = | 0.0% |
| Other loans | 174 | €3,000,000 | €3,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €435 | €2,070 | +€1,635 | +375.9% |
| Amounts payable within one year | 42/48 | €2,399,535 | €2,580,833 | +€181,298 | +7.6% |
| Trade debts | 44 | €15,517 | €7,637 | -€7,880 | -50.8% |
| Suppliers | 440/4 | €15,517 | €7,637 | -€7,880 | -50.8% |
| Taxes, remuneration and social security | 45 | €22,977 | €33,174 | +€10,197 | +44.4% |
| Taxes | 450/3 | €22,977 | €33,174 | +€10,197 | +44.4% |
| Other amounts payable | 47/48 | €2,361,041 | €2,540,022 | +€178,981 | +7.6% |
| Accrued charges and deferred income | 492/3 | €6,285 | €9,412 | +€3,128 | +49.8% |
| Operating income | 70/76A | €1,123,225 | €1,223,328 | +€100,103 | +8.9% |
| Other operating income | 74 | €1,123,225 | €1,223,328 | +€100,103 | +8.9% |
| Operating charges | 60/66A | €565,702 | €618,918 | +€53,216 | +9.4% |
| Services and other goods | 61 | €140,669 | €194,114 | +€53,445 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294,530 | €290,439 | -€4,091 | -1.4% |
| Other operating charges | 640/8 | €130,503 | €134,365 | +€3,862 | +3.0% |
| Operating profit (loss) | 9901 | €557,523 | €604,410 | +€46,887 | +8.4% |
| Financial income | 75/76B | €53,319 | €45,305 | -€8,014 | -15.0% |
| Recurring financial income | 75 | €53,319 | €45,305 | -€8,014 | -15.0% |
| Income from current assets | 751 | €53,319 | €45,304 | -€8,015 | -15.0% |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €386,469 | €357,796 | -€28,674 | -7.4% |
| Recurring financial charges | 65 | €386,469 | €357,796 | -€28,674 | -7.4% |
| Debt charges | 650 | €386,063 | €357,687 | -€28,376 | -7.4% |
| Other financial charges | 652/9 | €407 | €109 | -€297 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €224,373 | €291,919 | +€67,547 | +30.1% |
| Income taxes | 67/77 | €56,665 | €72,667 | +€16,002 | +28.2% |
| Taxes | 670/3 | €56,665 | €72,667 | +€16,002 | +28.2% |
| Profit (loss) for the period | 9904 | €167,708 | €219,252 | +€51,544 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €167,708 | €219,252 | +€51,544 | +30.7% |
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 8 October 2026 via checked.be.