RESTO - R N E: 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.
RESTO - R N E
Largest movements
- Tangible fixed assets +€39,266
up €39,266 (+9.0%), from €434,606 to €473,872
of which Furniture and vehicles: +€55,000
- Cash -€15,498
down €15,498 (-3.4%), from €459,551 to €444,053
mainly Investment in fixed assets (net) (-€83,861) and Contributions, distributions and other (-€72,964)
- Reserves +€42,189
up €42,189 (+6.0%), from €703,979 to €746,168
of which Distributable reserves: +€52,876
- Debts after one year -€17,468
down €17,468 (-16.8%), from €104,286 to €86,818
- Other debts +€13,403
new in 2025: €13,403
- Tax, wage and social debts -€11,222
down €11,222 (-24.4%), from €46,069 to €34,847
- Taxes -€7,256
down €7,256 (-12.1%), from €60,028 to €52,772
- Gross operating margin -€5,391
down €5,391 (-2.5%), from €217,792 to €212,401
- Financial income -€3,594
down €3,594 (-37.4%), from €9,610 to €6,016
- Depreciation +€3,180
up €3,180 (+7.7%), from €41,415 to €44,595
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 | €974,580 | €1,003,010 | +€28,430 | +2.9% |
| Fixed assets | 21/28 | €473,029 | €512,296 | +€39,266 | +8.3% |
| Tangible fixed assets | 22/27 | €434,606 | €473,872 | +€39,266 | +9.0% |
| Land and buildings | 22 | €308,429 | €298,563 | -€9,867 | -3.2% |
| Plant, machinery and equipment | 23 | €98,690 | €92,822 | -€5,867 | -5.9% |
| Furniture and vehicles | 24 | €27,487 | €82,487 | +€55,000 | +200.1% |
| Financial fixed assets | 28 | €38,424 | €38,424 | = | 0.0% |
| Current assets | 29/58 | €501,550 | €490,714 | -€10,836 | -2.2% |
| Stocks and contracts in progress | 3 | €6,741 | €6,709 | -€32 | -0.5% |
| Stocks | 30/36 | €6,741 | €6,709 | -€32 | -0.5% |
| Amounts receivable within one year | 40/41 | €28,383 | €33,905 | +€5,522 | +19.5% |
| Other amounts receivable | 41 | €28,383 | €33,905 | +€5,522 | +19.5% |
| Cash at bank and in hand | 54/58 | €459,551 | €444,053 | -€15,498 | -3.4% |
| Deferred charges and accrued income | 490/1 | €6,876 | €6,048 | -€828 | -12.0% |
| Total equity and liabilities | 10/49 | €974,580 | €1,003,010 | +€28,430 | +2.9% |
| Equity | 10/15 | €722,529 | €764,718 | +€42,189 | +5.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €703,979 | €746,168 | +€42,189 | +6.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €142,196 | €131,509 | -€10,687 | -7.5% |
| Distributable reserves | 133 | €559,928 | €612,804 | +€52,876 | +9.4% |
| Provisions and deferred taxes | 16 | €70,991 | €65,656 | -€5,336 | -7.5% |
| Deferred taxes | 168 | €70,991 | €65,656 | -€5,336 | -7.5% |
| Amounts payable | 17/49 | €181,060 | €172,636 | -€8,424 | -4.7% |
| Amounts payable after more than one year | 17 | €104,286 | €86,818 | -€17,468 | -16.8% |
| Financial debts | 170/4 | €104,286 | €86,818 | -€17,468 | -16.8% |
| Amounts payable within one year | 42/48 | €75,133 | €84,179 | +€9,046 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €17,087 | €17,468 | +€381 | +2.2% |
| Trade debts | 44 | €11,977 | €18,460 | +€6,483 | +54.1% |
| Suppliers | 440/4 | €11,977 | €18,460 | +€6,483 | +54.1% |
| Taxes, remuneration and social security | 45 | €46,069 | €34,847 | -€11,222 | -24.4% |
| Taxes | 450/3 | €46,069 | €34,847 | -€11,222 | -24.4% |
| Other amounts payable | 47/48 | - | €13,403 | +€13,403 | |
| Accrued charges and deferred income | 492/3 | €1,641 | €1,640 | -€1 | -0.1% |
| Non-recurring operating income | 76A | - | €9,736 | +€9,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,415 | €44,595 | +€3,180 | +7.7% |
| Other operating charges | 640/8 | €2,820 | €3,006 | +€186 | +6.6% |
| Gross operating margin | 9900 | €217,792 | €212,401 | -€5,391 | -2.5% |
| Operating profit (loss) | 9901 | €173,557 | €164,800 | -€8,756 | -5.0% |
| Financial income | 75/76B | €9,610 | €6,016 | -€3,594 | -37.4% |
| Recurring financial income | 75 | €9,610 | €6,016 | -€3,594 | -37.4% |
| Financial charges | 65/66B | €8,390 | €8,226 | -€164 | -2.0% |
| Recurring financial charges | 65 | €8,390 | €8,226 | -€164 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €174,777 | €162,590 | -€12,187 | -7.0% |
| Transfer from deferred taxes | 780 | €5,336 | €5,336 | = | 0.0% |
| Income taxes | 67/77 | €60,028 | €52,772 | -€7,256 | -12.1% |
| Profit (loss) for the period | 9904 | €120,085 | €115,153 | -€4,931 | -4.1% |
| Transfer from tax-exempt reserves | 789 | €10,687 | €10,687 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,772 | €125,841 | -€4,931 | -3.8% |
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 9 October 2026 via checked.be.