RESTIN: 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.
RESTIN
Largest movements
- Cash +€35,440
up €35,440 (+32.1%), from €110,357 to €145,797
mainly Net result for the year (+€50,920) and Depreciation (+€25,601)
- Tangible fixed assets -€9,876
down €9,876 (-4.3%), from €229,085 to €219,209
- Deferred charges and accrued income +€8,444
new in 2025: €8,444
- Reserves +€50,920
up €50,920 (+16.2%), from €314,039 to €364,959
- Current portion of long-term debt -€15,474
down €15,474 (-100.0%), from €15,474 to €0
- Gross operating margin -€4,448
down €4,448 (-4.5%), from €98,221 to €93,773
- Taxes -€1,647
down €1,647 (-9.1%), from €18,096 to €16,449
- Depreciation +€1,181
up €1,181 (+4.8%), from €24,420 to €25,601
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 | €339,442 | €374,501 | +€35,059 | +10.3% |
| Fixed assets | 21/28 | €229,085 | €219,209 | -€9,876 | -4.3% |
| Tangible fixed assets | 22/27 | €229,085 | €219,209 | -€9,876 | -4.3% |
| Land and buildings | 22 | €229,085 | €219,209 | -€9,876 | -4.3% |
| Current assets | 29/58 | €110,357 | €155,292 | +€44,935 | +40.7% |
| Amounts receivable within one year | 40/41 | - | €1,051 | +€1,051 | |
| Other amounts receivable | 41 | - | €1,051 | +€1,051 | |
| Cash at bank and in hand | 54/58 | €110,357 | €145,797 | +€35,440 | +32.1% |
| Deferred charges and accrued income | 490/1 | - | €8,444 | +€8,444 | |
| Total equity and liabilities | 10/49 | €339,442 | €374,501 | +€35,059 | +10.3% |
| Equity | 10/15 | €320,239 | €371,159 | +€50,920 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €314,039 | €364,959 | +€50,920 | +16.2% |
| Distributable reserves | 133 | €314,039 | €364,959 | +€50,920 | +16.2% |
| Amounts payable | 17/49 | €19,203 | €3,342 | -€15,861 | -82.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €19,203 | €3,342 | -€15,861 | -82.6% |
| Current portion of amounts payable after more than one year | 42 | €15,474 | €0 | -€15,474 | -100.0% |
| Trade debts | 44 | €387 | €0 | -€387 | -100.0% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,096 | €3,096 | = | 0.0% |
| Taxes | 450/3 | €3,096 | €3,096 | = | 0.0% |
| Other amounts payable | 47/48 | €246 | €246 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,420 | €25,601 | +€1,181 | +4.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €98,221 | €93,773 | -€4,448 | -4.5% |
| Operating profit (loss) | 9901 | €73,413 | €67,772 | -€5,641 | -7.7% |
| Financial charges | 65/66B | €1,029 | €403 | -€626 | -60.9% |
| Recurring financial charges | 65 | €1,029 | €403 | -€626 | -60.9% |
| Profit (loss) for the period before taxes | 9903 | €72,384 | €67,369 | -€5,015 | -6.9% |
| Income taxes | 67/77 | €18,096 | €16,449 | -€1,647 | -9.1% |
| Profit (loss) for the period | 9904 | €54,288 | €50,920 | -€3,368 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,288 | €50,920 | -€3,368 | -6.2% |
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 11 October 2026 via checked.be.