RESTO 87: 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.
RESTO 87
Largest movements
- Cash -€62,909
down €62,909 (-24.6%), from €256,202 to €193,293
mainly Investment in fixed assets (net) (-€24,930) and Debts after one year (-€24,499)
- Debts after one year -€24,499
down €24,499 (-14.3%), from €171,182 to €146,684
- Reserves -€21,638
down €21,638 (-3.8%), from €564,775 to €543,137
of which Distributable reserves: -€12,260
- Tax, wage and social debts -€20,700
down €20,700 (-16.7%), from €123,665 to €102,965
- Taxes -€123,665
no longer reported in 2025 (was €123,665)
- Financial charges -€72,668
down €72,668 (-95.0%), from €76,484 to €3,816
of which Non-recurring financial charges: -€60,000
- Depreciation +€2,487
up €2,487 (+7.4%), from €33,802 to €36,289
- Gross operating margin -€1,405
down €1,405 (-6.4%), from €21,858 to €20,453
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 | €1,140,886 | €1,073,810 | -€67,076 | -5.9% |
| Fixed assets | 21/28 | €738,472 | €727,113 | -€11,359 | -1.5% |
| Tangible fixed assets | 22/27 | €738,472 | €727,113 | -€11,359 | -1.5% |
| Land and buildings | 22 | €737,355 | €726,456 | -€10,899 | -1.5% |
| Furniture and vehicles | 24 | €1,117 | €657 | -€460 | -41.2% |
| Current assets | 29/58 | €402,414 | €346,697 | -€55,717 | -13.8% |
| Amounts receivable within one year | 40/41 | €140,310 | €147,310 | +€7,001 | +5.0% |
| Trade receivables | 40 | - | €2,578 | +€2,578 | |
| Other amounts receivable | 41 | €140,310 | €144,732 | +€4,423 | +3.2% |
| Cash at bank and in hand | 54/58 | €256,202 | €193,293 | -€62,909 | -24.6% |
| Deferred charges and accrued income | 490/1 | €5,902 | €6,093 | +€191 | +3.2% |
| Total equity and liabilities | 10/49 | €1,140,886 | €1,073,810 | -€67,076 | -5.9% |
| Equity | 10/15 | €583,375 | €561,737 | -€21,638 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,775 | €543,137 | -€21,638 | -3.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €195,001 | €185,623 | -€9,378 | -4.8% |
| Distributable reserves | 133 | €367,914 | €355,654 | -€12,260 | -3.3% |
| Provisions and deferred taxes | 16 | €65,000 | €61,874 | -€3,126 | -4.8% |
| Deferred taxes | 168 | €65,000 | €61,874 | -€3,126 | -4.8% |
| Amounts payable | 17/49 | €492,511 | €450,199 | -€42,312 | -8.6% |
| Amounts payable after more than one year | 17 | €171,182 | €146,684 | -€24,499 | -14.3% |
| Financial debts | 170/4 | €171,182 | €146,684 | -€24,499 | -14.3% |
| Amounts payable within one year | 42/48 | €321,329 | €303,515 | -€17,814 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €24,100 | €24,499 | +€399 | +1.7% |
| Financial debts | 43 | €162,116 | €162,116 | = | 0.0% |
| Other loans | 439 | €162,116 | €162,116 | = | 0.0% |
| Trade debts | 44 | €6,749 | €9,236 | +€2,487 | +36.9% |
| Suppliers | 440/4 | €6,749 | €9,236 | +€2,487 | +36.9% |
| Taxes, remuneration and social security | 45 | €123,665 | €102,965 | -€20,700 | -16.7% |
| Taxes | 450/3 | €123,665 | €102,965 | -€20,700 | -16.7% |
| Other amounts payable | 47/48 | €4,700 | €4,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,802 | €36,289 | +€2,487 | +7.4% |
| Other operating charges | 640/8 | €5,207 | €5,122 | -€85 | -1.6% |
| Gross operating margin | 9900 | €21,858 | €20,453 | -€1,405 | -6.4% |
| Operating profit (loss) | 9901 | -€17,151 | -€20,958 | -€3,807 | -22.2% |
| Financial income | 75/76B | €0 | €10 | +€10 | +2677.8% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +2677.8% |
| Financial charges | 65/66B | €76,484 | €3,816 | -€72,668 | -95.0% |
| Recurring financial charges | 65 | €16,484 | €3,816 | -€12,668 | -76.9% |
| Non-recurring financial charges | 66B | €60,000 | - | -€60,000 | |
| Profit (loss) for the period before taxes | 9903 | -€93,634 | -€24,764 | +€68,870 | +73.6% |
| Transfer from deferred taxes | 780 | €139,316 | €3,126 | -€136,190 | -97.8% |
| Income taxes | 67/77 | €123,665 | - | -€123,665 | |
| Profit (loss) for the period | 9904 | -€77,983 | -€21,638 | +€56,345 | +72.3% |
| Transfer from tax-exempt reserves | 789 | €417,947 | €9,378 | -€408,570 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €339,965 | -€12,260 | -€352,224 |
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 9 October 2026 via checked.be.