REUSE: 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.
What changed
REUSE
NACE 52.250, Logistics services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€68,183
2024 · €2.1m-€2.0m
Equity
€2.0m
2024 · €1.9m+€68,183
Cash
€412,450
2024 · €316,264+€96,186
Balance sheet total
€3.0m
2024 · €5.4m-€2.4m
Largest movements
Assets
- Receivables after one year -€1.6m
no longer reported in 2025 (was €1.6m)
- Receivables within one year -€839,807
down €839,807 (-26.7%), from €3.1m to €2.3m
of which Trade receivables: -€678,661
- Cash +€96,186
up €96,186 (+30.4%), from €316,264 to €412,450
mainly Receivables after one year (+€1.6m) and Receivables within one year (+€839,807)
Equity and liabilities
- Other debts -€2.0m
no longer reported in 2025 (was €2.0m)
- Trade debts -€478,690
down €478,690 (-37.1%), from €1.3m to €810,967
- Reserves +€68,183
up €68,183 (+4.8%), from €1.4m to €1.5m
of which Distributable reserves: +€68,183
Income statement
- Goods and materials -€2.3m
down €2.3m (-17.6%), from €13.1m to €10.8m
- Financial income -€2.1m
down €2.1m (-99.6%), from €2.1m to €8,253
of which Non-recurring financial income: -€2.1m
- Turnover -€1.5m
down €1.5m (-16.6%), from €8.8m to €7.4m
- Other operating income -€582,385
down €582,385 (-10.4%), from €5.6m to €5.0m
- Services and other goods +€160,059
up €160,059 (+37.2%), from €430,076 to €590,135
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
€2.1m
Turnover
-€1.5m
Other operating income
-€582,385
Goods and materials
+€2.3m
Services and other goods
-€160,059
Staff costs
+€114,396
Depreciation
-€4,083
Write-downs
-€39,884
Other operating charges
-€10,764
Other operating items
-€90,546
Financial income
-€2.1m
Financial charges
-€4,786
Taxes
-€7,988
Result 2025
€68,183
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.
From operations
+€174,923
Investment
-€38,941
Financing
-€39,796
Cash 2024
€316,264
From operations (derived)
+€174,923
Net result for the year
+€68,183
Depreciation
+€35,250
Receivables after one year
+€1.6m
Receivables within one year
+€839,807
Deferred charges and accrued income
+€25,363
Trade debts
-€478,690
Tax, wage and social debts
+€48,732
Other debts
-€2.0m
Accrued charges and deferred income
+€8,831
Investment (derived)
-€38,941
Investment in fixed assets (net)
-€38,941
Financing
-€39,796
Current portion of long-term debt
-€22,932
Short-term financial debts
-€16,865
Cash 2025
€412,450
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,354,938 | €2,962,197 | -€2.4m | -44.7% |
| Fixed assets | 21/28 | €194,937 | €198,627 | +€3,691 | +1.9% |
| Tangible fixed assets | 22/27 | €194,517 | €198,207 | +€3,691 | +1.9% |
| Plant, machinery and equipment | 23 | €164,769 | €153,728 | -€11,042 | -6.7% |
| Furniture and vehicles | 24 | - | €14,732 | +€14,732 | |
| Other tangible fixed assets | 26 | €29,747 | €29,747 | = | 0.0% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Other financial fixed assets | 284/8 | €420 | €420 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €5,160,001 | €2,763,570 | -€2.4m | -46.4% |
| Amounts receivable after more than one year | 29 | €1,627,447 | - | -€1.6m | |
| Other amounts receivable | 291 | €1,627,447 | - | -€1.6m | |
| Amounts receivable within one year | 40/41 | €3,149,364 | €2,309,557 | -€839,807 | -26.7% |
| Trade receivables | 40 | €2,937,321 | €2,258,661 | -€678,661 | -23.1% |
| Other amounts receivable | 41 | €212,043 | €50,897 | -€161,146 | -76.0% |
| Cash at bank and in hand | 54/58 | €316,264 | €412,450 | +€96,186 | +30.4% |
| Deferred charges and accrued income | 490/1 | €66,925 | €41,562 | -€25,363 | -37.9% |
| Total equity and liabilities | 10/49 | €5,354,938 | €2,962,197 | -€2.4m | -44.7% |
| Equity | 10/15 | €1,922,986 | €1,991,168 | +€68,183 | +3.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €1,422,986 | €1,491,168 | +€68,183 | +4.8% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,317 | €35,317 | = | 0.0% |
| Distributable reserves | 133 | €1,337,668 | €1,405,851 | +€68,183 | +5.1% |
| Amounts payable | 17/49 | €3,431,952 | €971,028 | -€2.5m | -71.7% |
| Amounts payable within one year | 42/48 | €3,431,952 | €962,197 | -€2.5m | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €22,932 | - | -€22,932 | |
| Financial debts | 43 | €16,865 | - | -€16,865 | |
| Credit institutions | 430/8 | €16,865 | - | -€16,865 | |
| Trade debts | 44 | €1,289,657 | €810,967 | -€478,690 | -37.1% |
| Suppliers | 440/4 | €1,289,657 | €810,967 | -€478,690 | -37.1% |
| Taxes, remuneration and social security | 45 | €102,498 | €151,230 | +€48,732 | +47.5% |
| Taxes | 450/3 | €5,926 | €36,795 | +€30,869 | +520.9% |
| Remuneration and social security | 454/9 | €96,572 | €114,435 | +€17,863 | +18.5% |
| Other amounts payable | 47/48 | €2,000,000 | - | -€2.0m | |
| Accrued charges and deferred income | 492/3 | - | €8,831 | +€8,831 | |
| Operating income | 70/76A | €14,568,812 | €12,427,498 | -€2.1m | -14.7% |
| Turnover | 70 | €8,849,624 | €7,381,241 | -€1.5m | -16.6% |
| Other operating income | 74 | €5,624,615 | €5,042,229 | -€582,385 | -10.4% |
| Non-recurring operating income | 76A | €94,573 | €4,027 | -€90,546 | -95.7% |
| Operating charges | 60/66A | €14,523,162 | €12,306,630 | -€2.2m | -15.3% |
| Goods for resale, raw materials and consumables | 60 | €13,137,454 | €10,820,527 | -€2.3m | -17.6% |
| Purchases | 600/8 | €13,137,454 | €10,820,527 | -€2.3m | -17.6% |
| Services and other goods | 61 | €430,076 | €590,135 | +€160,059 | +37.2% |
| Remuneration, social security and pensions | 62 | €968,696 | €854,300 | -€114,396 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,167 | €35,250 | +€4,083 | +13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€44,653 | -€4,768 | +€39,884 | +89.3% |
| Other operating charges | 640/8 | €421 | €11,185 | +€10,764 | +2556.7% |
| Operating profit (loss) | 9901 | €45,650 | €120,868 | +€75,218 | +164.8% |
| Financial income | 75/76B | €2,101,175 | €8,253 | -€2.1m | -99.6% |
| Recurring financial income | 75 | €37,574 | €8,253 | -€29,321 | -78.0% |
| Income from current assets | 751 | €3,918 | - | -€3,918 | |
| Other financial income | 752/9 | €33,655 | €8,253 | -€25,403 | -75.5% |
| Non-recurring financial income | 76B | €2,063,602 | - | -€2.1m | |
| Financial charges | 65/66B | €25,849 | €30,635 | +€4,786 | +18.5% |
| Recurring financial charges | 65 | €25,849 | €30,635 | +€4,786 | +18.5% |
| Debt charges | 650 | €15,616 | €13,916 | -€1,700 | -10.9% |
| Other financial charges | 652/9 | €10,233 | €16,719 | +€6,486 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €2,120,976 | €98,486 | -€2.0m | -95.4% |
| Income taxes | 67/77 | €22,315 | €30,303 | +€7,988 | +35.8% |
| Taxes | 670/3 | €27,940 | €36,795 | +€8,854 | +31.7% |
| Tax adjustments and reversals of tax provisions | 77 | €5,626 | €6,492 | +€866 | +15.4% |
| Profit (loss) for the period | 9904 | €2,098,661 | €68,183 | -€2.0m | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,098,661 | €68,183 | -€2.0m | -96.8% |
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 29 September 2026 via checked.be.