REST ISLAND: 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.
What changed
REST ISLAND
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€433,526
2024 · €95,137+€338,389
Equity
€2.0m
2024 · €1.6m+€433,526
Cash
€6,890
2024 · €3,834+€3,055
Balance sheet total
€3.6m
2024 · €3.5m+€31,079
Largest movements
Assets
- Receivables within one year +€133,303
up €133,303 (+3.9%), from €3.4m to €3.6m
of which Other amounts receivable: +€133,303
- Stocks and contracts -€105,000
down €105,000 (-100%), from €105,000 to €0
Equity and liabilities
- Profit (loss) carried forward +€433,526
up €433,526 (+45.7%), from €947,971 to €1.4m
- Provisions -€396,413
down €396,413 (-100%), from €396,413 to €0
- Trade debts -€165,007
down €165,007 (-10.9%), from €1.5m to €1.3m
- Tax, wage and social debts +€158,973
up €158,973 (+446%), from €35,636 to €194,608
Income statement
- Provisions -€396,413
new in 2025: -€396,413
- Taxes +€123,337
up €123,337 (+346%), from €35,636 to €158,973
- Other operating income +€90,642
up €90,642 (+125%), from €72,454 to €163,096
- Goods and materials +€87,500
up €87,500 (+500%), from €17,500 to €105,000
- Services and other goods -€57,638
down €57,638 (-83.2%), from €69,273 to €11,635
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
€95,137
Turnover
+€48,500
Other operating income
+€90,642
Goods and materials
-€87,500
Services and other goods
+€57,638
Provisions
+€396,413
Other operating charges
+€2,578
Financial income
-€46,545
Taxes
-€123,337
Result 2025
€433,526
raises the resultlowers the result
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.
From operations
+€2,775
Investment
+€280
Financing
€0
Cash 2024
€3,834
From operations (derived)
+€2,775
Net result for the year
+€433,526
Stocks and contracts
+€105,000
Receivables within one year
-€133,303
Provisions
-€396,413
Trade debts
-€165,007
Tax, wage and social debts
+€158,973
Investment (derived)
+€280
Investment in fixed assets (net)
+€280
Cash 2025
€6,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,531,905 | €3,562,984 | +€31,079 | +0.9% |
| Fixed assets | 21/28 | €280 | €0 | -€280 | -100% |
| Financial fixed assets | 28 | €280 | €0 | -€280 | -100% |
| Other financial fixed assets | 284/8 | €280 | €0 | -€280 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €280 | €0 | -€280 | -100% |
| Current assets | 29/58 | €3,531,625 | €3,562,984 | +€31,359 | +0.9% |
| Stocks and contracts in progress | 3 | €105,000 | €0 | -€105,000 | -100% |
| Stocks | 30/36 | €105,000 | €0 | -€105,000 | -100% |
| Property held for sale | 35 | €105,000 | €0 | -€105,000 | -100% |
| Amounts receivable within one year | 40/41 | €3,422,791 | €3,556,094 | +€133,303 | +3.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €3,422,791 | €3,556,094 | +€133,303 | +3.9% |
| Cash at bank and in hand | 54/58 | €3,834 | €6,890 | +€3,055 | +79.7% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €3,531,905 | €3,562,984 | +€31,079 | +0.9% |
| Equity | 10/15 | €1,590,147 | €2,023,672 | +€433,526 | +27.3% |
| Contributions | 10/11 | €186,930 | €186,930 | = | 0.0% |
| Capital | 10 | €186,930 | €186,930 | = | 0.0% |
| Issued capital | 100 | €186,930 | €186,930 | = | 0.0% |
| Reserves | 13 | €455,245 | €455,245 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,693 | €18,693 | = | 0.0% |
| Legal reserve | 130 | €18,693 | €18,693 | = | 0.0% |
| Distributable reserves | 133 | €436,552 | €436,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €947,971 | €1,381,497 | +€433,526 | +45.7% |
| Provisions and deferred taxes | 16 | €396,413 | €0 | -€396,413 | -100% |
| Provisions for liabilities and charges | 160/5 | €396,413 | €0 | -€396,413 | -100% |
| Other liabilities and charges | 164/5 | €396,413 | €0 | -€396,413 | -100% |
| Amounts payable | 17/49 | €1,545,346 | €1,539,312 | -€6,034 | -0.4% |
| Amounts payable within one year | 42/48 | €1,545,346 | €1,539,312 | -€6,034 | -0.4% |
| Trade debts | 44 | €1,509,710 | €1,344,704 | -€165,007 | -10.9% |
| Suppliers | 440/4 | €1,509,710 | €1,344,704 | -€165,007 | -10.9% |
| Taxes, remuneration and social security | 45 | €35,636 | €194,608 | +€158,973 | +446% |
| Taxes | 450/3 | €35,636 | €194,608 | +€158,973 | +446% |
| Operating income | 70/76A | €89,954 | €229,096 | +€139,142 | +155% |
| Turnover | 70 | €17,500 | €66,000 | +€48,500 | +277% |
| Other operating income | 74 | €72,454 | €163,096 | +€90,642 | +125% |
| Operating charges | 60/66A | €89,351 | -€279,778 | -€369,129 | |
| Goods for resale, raw materials and consumables | 60 | €17,500 | €105,000 | +€87,500 | +500% |
| Change in stocks: decrease (increase) | 609 | €17,500 | €105,000 | +€87,500 | +500% |
| Services and other goods | 61 | €69,273 | €11,635 | -€57,638 | -83.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€396,413 | -€396,413 | |
| Other operating charges | 640/8 | €2,578 | €0 | -€2,578 | -100% |
| Operating profit (loss) | 9901 | €604 | €508,874 | +€508,271 | +84,205% |
| Financial income | 75/76B | €140,861 | €94,316 | -€46,545 | -33.0% |
| Recurring financial income | 75 | €140,861 | €94,316 | -€46,545 | -33.0% |
| Income from current assets | 751 | €140,861 | €94,316 | -€46,545 | -33.0% |
| Financial charges | 65/66B | €10,692 | €10,692 | = | 0.0% |
| Recurring financial charges | 65 | €10,692 | €10,692 | = | 0.0% |
| Other financial charges | 652/9 | €10,692 | €10,692 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €130,773 | €592,498 | +€461,726 | +353% |
| Income taxes | 67/77 | €35,636 | €158,973 | +€123,337 | +346% |
| Taxes | 670/3 | €35,636 | €158,973 | +€123,337 | +346% |
| Profit (loss) for the period | 9904 | €95,137 | €433,526 | +€338,389 | +356% |
| Profit (loss) for the period to be appropriated | 9905 | €95,137 | €433,526 | +€338,389 | +356% |
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 26 October 2026 via checked.be.