REUS: 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.
REUS
Largest movements
- Cash +€47,124
up €47,124 (+1029.8%), from €4,576 to €51,700
mainly Trade debts (+€76,521) and Depreciation (+€39,671)
- Intangible fixed assets -€11,620
down €11,620 (-33.4%), from €34,786 to €23,165
- Stocks and contracts +€11,573
up €11,573 (+39.0%), from €29,694 to €41,268
- Receivables within one year +€10,748
up €10,748 (+7.7%), from €140,219 to €150,967
of which Trade receivables: +€26,384
- Trade debts +€76,521
up €76,521 (+245.3%), from €31,192 to €107,713
- Reserves +€18,400
up €18,400 (+55.1%), from €33,408 to €51,808
- Other debts -€18,262
down €18,262 (-26.4%), from €69,288 to €51,026
- Current portion of long-term debt -€17,563
down €17,563 (-39.9%), from €44,049 to €26,486
- Staff costs -€49,007
down €49,007 (-47.7%), from €102,785 to €53,778
- Write-downs +€30,276
up €30,276, from -€30,276 to €0
- Financial income +€6,643
up €6,643 (+45.3%), from €14,664 to €21,307
- Taxes +€6,542
up €6,542 (+231.5%), from €2,826 to €9,369
- Other operating charges +€4,816
up €4,816 (+71.3%), from €6,753 to €11,569
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 | €336,691 | €395,224 | +€58,534 | +17.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €161,308 | €151,290 | -€10,018 | -6.2% |
| Intangible fixed assets | 21 | €34,786 | €23,165 | -€11,620 | -33.4% |
| Tangible fixed assets | 22/27 | €126,402 | €128,004 | +€1,602 | +1.3% |
| Plant, machinery and equipment | 23 | €2,501 | €1,377 | -€1,124 | -45.0% |
| Furniture and vehicles | 24 | €10,225 | €35,076 | +€24,851 | +243.0% |
| Other tangible fixed assets | 26 | €113,676 | €91,551 | -€22,124 | -19.5% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €175,383 | €243,935 | +€68,552 | +39.1% |
| Stocks and contracts in progress | 3 | €29,694 | €41,268 | +€11,573 | +39.0% |
| Stocks | 30/36 | €29,694 | €41,268 | +€11,573 | +39.0% |
| Amounts receivable within one year | 40/41 | €140,219 | €150,967 | +€10,748 | +7.7% |
| Trade receivables | 40 | €111,083 | €137,467 | +€26,384 | +23.8% |
| Other amounts receivable | 41 | €29,137 | €13,500 | -€15,637 | -53.7% |
| Cash at bank and in hand | 54/58 | €4,576 | €51,700 | +€47,124 | +1029.8% |
| Deferred charges and accrued income | 490/1 | €893 | €0 | -€893 | -100.0% |
| Total equity and liabilities | 10/49 | €336,691 | €395,224 | +€58,534 | +17.4% |
| Equity | 10/15 | €146,857 | €165,257 | +€18,400 | +12.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €33,408 | €51,808 | +€18,400 | +55.1% |
| Distributable reserves | 133 | €33,408 | €51,808 | +€18,400 | +55.1% |
| Profit (loss) carried forward | 14 | €13,449 | €13,449 | = | 0.0% |
| Amounts payable | 17/49 | €189,834 | €229,967 | +€40,133 | +21.1% |
| Amounts payable after more than one year | 17 | €19,894 | €21,491 | +€1,598 | +8.0% |
| Financial debts | 170/4 | €19,894 | €21,491 | +€1,598 | +8.0% |
| Amounts payable within one year | 42/48 | €169,940 | €208,476 | +€38,536 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €44,049 | €26,486 | -€17,563 | -39.9% |
| Trade debts | 44 | €31,192 | €107,713 | +€76,521 | +245.3% |
| Suppliers | 440/4 | €31,192 | €107,713 | +€76,521 | +245.3% |
| Taxes, remuneration and social security | 45 | €25,412 | €23,250 | -€2,162 | -8.5% |
| Taxes | 450/3 | €422 | €5,639 | +€5,217 | +1235.1% |
| Remuneration and social security | 454/9 | €24,989 | €17,611 | -€7,378 | -29.5% |
| Other amounts payable | 47/48 | €69,288 | €51,026 | -€18,262 | -26.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €102,785 | €53,778 | -€49,007 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,598 | €39,671 | +€3,073 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€30,276 | €0 | +€30,276 | |
| Other operating charges | 640/8 | €6,753 | €11,569 | +€4,816 | +71.3% |
| Gross operating margin | 9900 | €111,584 | €113,193 | +€1,609 | +1.4% |
| Operating profit (loss) | 9901 | -€4,277 | €8,175 | +€12,452 | |
| Financial income | 75/76B | €14,664 | €21,307 | +€6,643 | +45.3% |
| Recurring financial income | 75 | €14,664 | €21,307 | +€6,643 | +45.3% |
| Financial charges | 65/66B | €2,422 | €1,713 | -€709 | -29.3% |
| Recurring financial charges | 65 | €2,422 | €1,713 | -€709 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €7,965 | €27,769 | +€19,804 | +248.6% |
| Income taxes | 67/77 | €2,826 | €9,369 | +€6,542 | +231.5% |
| Profit (loss) for the period | 9904 | €5,139 | €18,400 | +€13,262 | +258.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,139 | €18,400 | +€13,262 | +258.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.