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.
RESO
Largest movements
- Tangible fixed assets -€22,682
down €22,682 (-25.7%), from €88,416 to €65,734
of which Furniture and vehicles: -€14,186
- Cash -€4,158
down €4,158 (-13.5%), from €30,878 to €26,719
mainly Debts after one year (-€11,338) and Other debts (-€7,865)
- Receivables within one year +€1,297
up €1,297 (+95.9%), from €1,352 to €2,649
of which Trade receivables: +€1,297
- Debts after one year -€11,338
down €11,338 (-56.5%), from €20,071 to €8,733
- Other debts -€7,865
down €7,865 (-25.7%), from €30,595 to €22,730
- Profit (loss) carried forward -€3,712
down €3,712 (-32.5%), from -€11,412 to -€15,124
- Accrued charges and deferred income -€2,774
down €2,774 (-100.0%), from €2,774 to €0
- Gross operating margin -€17,596
down €17,596 (-42.1%), from €41,836 to €24,239
- Depreciation -€6,441
down €6,441 (-22.1%), from €29,123 to €22,682
- Financial charges -€1,399
down €1,399 (-33.8%), from €4,136 to €2,737
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 | €124,850 | €99,378 | -€25,471 | -20.4% |
| Fixed assets | 21/28 | €88,416 | €65,734 | -€22,682 | -25.7% |
| Tangible fixed assets | 22/27 | €88,416 | €65,734 | -€22,682 | -25.7% |
| Land and buildings | 22 | €74,230 | €65,734 | -€8,496 | -11.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €14,186 | €0 | -€14,186 | -100.0% |
| Current assets | 29/58 | €36,434 | €33,645 | -€2,789 | -7.7% |
| Amounts receivable within one year | 40/41 | €1,352 | €2,649 | +€1,297 | +95.9% |
| Trade receivables | 40 | €1,297 | €2,593 | +€1,297 | +100.0% |
| Other amounts receivable | 41 | €56 | €56 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,878 | €26,719 | -€4,158 | -13.5% |
| Deferred charges and accrued income | 490/1 | €4,204 | €4,276 | +€72 | +1.7% |
| Total equity and liabilities | 10/49 | €124,850 | €99,378 | -€25,471 | -20.4% |
| Equity | 10/15 | €53,768 | €50,056 | -€3,712 | -6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €46,589 | €46,589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,100 | €7,100 | = | 0.0% |
| Distributable reserves | 133 | €39,489 | €39,489 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,412 | -€15,124 | -€3,712 | -32.5% |
| Amounts payable | 17/49 | €71,081 | €49,322 | -€21,759 | -30.6% |
| Amounts payable after more than one year | 17 | €20,071 | €8,733 | -€11,338 | -56.5% |
| Financial debts | 170/4 | €20,071 | €8,733 | -€11,338 | -56.5% |
| Amounts payable within one year | 42/48 | €48,237 | €40,590 | -€7,647 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €10,999 | €11,338 | +€339 | +3.1% |
| Trade debts | 44 | €3,107 | €2,254 | -€853 | -27.5% |
| Suppliers | 440/4 | €3,107 | €2,254 | -€853 | -27.5% |
| Taxes, remuneration and social security | 45 | €3,536 | €4,268 | +€732 | +20.7% |
| Taxes | 450/3 | €3,536 | €4,268 | +€732 | +20.7% |
| Other amounts payable | 47/48 | €30,595 | €22,730 | -€7,865 | -25.7% |
| Accrued charges and deferred income | 492/3 | €2,774 | €0 | -€2,774 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,123 | €22,682 | -€6,441 | -22.1% |
| Other operating charges | 640/8 | €2,339 | €2,450 | +€111 | +4.7% |
| Gross operating margin | 9900 | €41,836 | €24,239 | -€17,596 | -42.1% |
| Operating profit (loss) | 9901 | €10,374 | -€893 | -€11,266 | |
| Financial income | 75/76B | €80 | €98 | +€18 | +22.6% |
| Recurring financial income | 75 | €80 | €98 | +€18 | +22.6% |
| Financial charges | 65/66B | €4,136 | €2,737 | -€1,399 | -33.8% |
| Recurring financial charges | 65 | €4,136 | €2,737 | -€1,399 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €6,317 | -€3,532 | -€9,849 | |
| Income taxes | 67/77 | €198 | €180 | -€18 | -9.1% |
| Profit (loss) for the period | 9904 | €6,119 | -€3,712 | -€9,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,119 | -€3,712 | -€9,831 |
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 2 October 2026 via checked.be.