REWARD NETWORKS: what changed
REWARD NETWORKS
Largest movements
- Receivables within one year -€19,275
down €19,275 (-97.0%), from €19,862 to €587
of which Trade receivables: -€19,234
- Tangible fixed assets -€9,043
down €9,043 (-23.8%), from €38,007 to €28,964
of which Land and buildings: -€10,135
- Cash -€1,502
down €1,502 (-68.7%), from €2,186 to €684
mainly Other debts (-€38,691) and Current portion of long-term debt (-€16,720)
- Other debts -€38,691
down €38,691 (-33.6%), from €115,075 to €76,384
- Profit (loss) carried forward +€24,500
up €24,500 (+12.7%), from -€193,296 to -€168,796
- Current portion of long-term debt -€16,720
no longer reported in 2026 (was €16,720)
- Accrued charges and deferred income +€2,011
new in 2026: €2,011
- Trade debts -€920
down €920 (-6.8%), from €13,596 to €12,676
- Gross operating margin +€15,577
up €15,577 (+71.5%), from €21,797 to €37,374
- Depreciation -€1,701
down €1,701 (-14.2%), from €11,983 to €10,282
- Financial charges -€1,025
down €1,025 (-72.5%), from €1,413 to €388
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,055 | €30,235 | -€29,820 | -49.7% |
| Fixed assets | 21/28 | €38,007 | €28,964 | -€9,043 | -23.8% |
| Tangible fixed assets | 22/27 | €38,007 | €28,964 | -€9,043 | -23.8% |
| Land and buildings | 22 | €38,007 | €27,872 | -€10,135 | -26.7% |
| Furniture and vehicles | 24 | - | €1,092 | +€1,092 | |
| Current assets | 29/58 | €22,048 | €1,271 | -€20,777 | -94.2% |
| Amounts receivable within one year | 40/41 | €19,862 | €587 | -€19,275 | -97.0% |
| Trade receivables | 40 | €19,234 | - | -€19,234 | |
| Other amounts receivable | 41 | €628 | €587 | -€41 | -6.5% |
| Cash at bank and in hand | 54/58 | €2,186 | €684 | -€1,502 | -68.7% |
| Total equity and liabilities | 10/49 | €60,055 | €30,235 | -€29,820 | -49.7% |
| Equity | 10/15 | -€85,336 | -€60,836 | +€24,500 | +28.7% |
| Contributions | 10/11 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,296 | -€168,796 | +€24,500 | +12.7% |
| Amounts payable | 17/49 | €145,391 | €91,071 | -€54,320 | -37.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €145,391 | €89,060 | -€56,331 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €16,720 | - | -€16,720 | |
| Trade debts | 44 | €13,596 | €12,676 | -€920 | -6.8% |
| Suppliers | 440/4 | €13,596 | €12,676 | -€920 | -6.8% |
| Other amounts payable | 47/48 | €115,075 | €76,384 | -€38,691 | -33.6% |
| Accrued charges and deferred income | 492/3 | - | €2,011 | +€2,011 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,983 | €10,282 | -€1,701 | -14.2% |
| Other operating charges | 640/8 | €2,137 | €2,204 | +€67 | +3.1% |
| Gross operating margin | 9900 | €21,797 | €37,374 | +€15,577 | +71.5% |
| Operating profit (loss) | 9901 | €7,677 | €24,888 | +€17,211 | +224% |
| Financial charges | 65/66B | €1,413 | €388 | -€1,025 | -72.5% |
| Recurring financial charges | 65 | €1,413 | €388 | -€1,025 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €6,264 | €24,500 | +€18,236 | +291% |
| Profit (loss) for the period | 9904 | €6,264 | €24,500 | +€18,236 | +291% |
| Profit (loss) for the period to be appropriated | 9905 | €6,264 | €24,500 | +€18,236 | +291% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.