RESPIGRIL: 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.
RESPIGRIL
Largest movements
- Tangible fixed assets -€27,426
down €27,426 (-15.9%), from €172,331 to €144,905
of which Land and buildings: -€16,230
- Cash +€5,651
up €5,651 (+151%), from €3,743 to €9,394
mainly Depreciation (+€27,426) and Short-term financial debts (+€4,129)
- Debts after one year -€23,768
down €23,768 (-15.5%), from €153,329 to €129,562
- Other debts -€8,114
down €8,114 (-86.7%), from €9,356 to €1,241
- Short-term financial debts +€4,129
up €4,129 (+132%), from €3,132 to €7,261
- Staff costs -€18,419
down €18,419 (-45.4%), from €40,580 to €22,160
- Depreciation +€906
up €906 (+3.4%), from €26,520 to €27,426
- Financial charges -€838
down €838 (-10.8%), from €7,791 to €6,953
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.
Derived cash bridge
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 | €192,960 | €168,539 | -€24,422 | -12.7% |
| Fixed assets | 21/28 | €173,618 | €146,192 | -€27,426 | -15.8% |
| Tangible fixed assets | 22/27 | €172,331 | €144,905 | -€27,426 | -15.9% |
| Land and buildings | 22 | €121,728 | €105,497 | -€16,230 | -13.3% |
| Furniture and vehicles | 24 | €28,108 | €19,981 | -€8,128 | -28.9% |
| Other tangible fixed assets | 26 | €22,495 | €19,427 | -€3,068 | -13.6% |
| Financial fixed assets | 28 | €1,287 | €1,287 | = | 0.0% |
| Current assets | 29/58 | €19,343 | €22,347 | +€3,004 | +15.5% |
| Stocks and contracts in progress | 3 | €5,217 | €4,237 | -€981 | -18.8% |
| Stocks | 30/36 | €5,217 | €4,237 | -€981 | -18.8% |
| Amounts receivable within one year | 40/41 | €4,329 | €3,149 | -€1,180 | -27.3% |
| Trade receivables | 40 | €3,944 | €3,149 | -€795 | -20.2% |
| Other amounts receivable | 41 | €385 | - | -€385 | |
| Cash at bank and in hand | 54/58 | €3,743 | €9,394 | +€5,651 | +151% |
| Deferred charges and accrued income | 490/1 | €6,053 | €5,567 | -€486 | -8.0% |
| Total equity and liabilities | 10/49 | €192,960 | €168,539 | -€24,422 | -12.7% |
| Equity | 10/15 | -€865 | €781 | +€1,646 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,365 | -€26,719 | +€1,646 | +5.8% |
| Amounts payable | 17/49 | €193,825 | €167,758 | -€26,067 | -13.4% |
| Amounts payable after more than one year | 17 | €153,329 | €129,562 | -€23,768 | -15.5% |
| Financial debts | 170/4 | €153,329 | €129,562 | -€23,768 | -15.5% |
| Amounts payable within one year | 42/48 | €40,496 | €38,196 | -€2,300 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €23,040 | €24,272 | +€1,233 | +5.4% |
| Financial debts | 43 | €3,132 | €7,261 | +€4,129 | +132% |
| Credit institutions | 430/8 | €3,132 | €7,261 | +€4,129 | +132% |
| Trade debts | 44 | €4,905 | €4,637 | -€269 | -5.5% |
| Suppliers | 440/4 | €4,905 | €4,637 | -€269 | -5.5% |
| Taxes, remuneration and social security | 45 | €63 | €784 | +€721 | +1,145% |
| Taxes | 450/3 | €63 | €784 | +€721 | +1,145% |
| Other amounts payable | 47/48 | €9,356 | €1,241 | -€8,114 | -86.7% |
| Remuneration, social security and pensions | 62 | €40,580 | €22,160 | -€18,419 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,520 | €27,426 | +€906 | +3.4% |
| Other operating charges | 640/8 | €1,590 | €1,502 | -€88 | -5.5% |
| Non-recurring operating charges | 66A | - | €985 | +€985 | |
| Gross operating margin | 9900 | €60,997 | €60,595 | -€402 | -0.7% |
| Operating profit (loss) | 9901 | -€7,692 | €8,521 | +€16,213 | |
| Financial income | 75/76B | €154 | €77 | -€77 | -49.9% |
| Recurring financial income | 75 | €154 | €77 | -€77 | -49.9% |
| Financial charges | 65/66B | €7,791 | €6,953 | -€838 | -10.8% |
| Recurring financial charges | 65 | €7,791 | €6,953 | -€838 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,329 | €1,646 | +€16,974 | |
| Income taxes | 67/77 | €462 | - | -€462 | |
| Profit (loss) for the period | 9904 | -€15,791 | €1,646 | +€17,436 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,791 | €1,646 | +€17,436 |
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 16 October 2026 via checked.be.