REYCO: 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.
REYCO
Largest movements
- Receivables within one year -€24,517
down €24,517 (-93.7%), from €26,170 to €1,652
- Tangible fixed assets +€4,881
new in 2025: €4,881
- Cash -€4,601
down €4,601 (-1.9%), from €244,876 to €240,275
mainly Other debts (-€14,184) and Investment in fixed assets (net) (-€9,761)
- Other debts -€14,184
down €14,184 (-22.1%), from €64,075 to €49,891
- Profit (loss) carried forward -€4,030
down €4,030 (-2.6%), from €152,567 to €148,538
- Tax, wage and social debts -€3,144
down €3,144 (-53.0%), from €5,932 to €2,789
- Trade debts -€2,971
down €2,971 (-12.9%), from €23,062 to €20,091
- Gross operating margin -€67,025
down €67,025 (-85.3%), from €78,559 to €11,535
- Taxes -€13,828
down €13,828 (-67.6%), from €20,465 to €6,637
- Depreciation +€3,440
up €3,440 (+238.9%), from €1,440 to €4,881
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 | €271,137 | €246,808 | -€24,329 | -9.0% |
| Fixed assets | 21/28 | - | €4,881 | +€4,881 | |
| Tangible fixed assets | 22/27 | - | €4,881 | +€4,881 | |
| Furniture and vehicles | 24 | - | €4,881 | +€4,881 | |
| Current assets | 29/58 | €271,137 | €241,927 | -€29,210 | -10.8% |
| Amounts receivable within one year | 40/41 | €26,170 | €1,652 | -€24,517 | -93.7% |
| Trade receivables | 40 | €26,170 | €1,652 | -€24,517 | -93.7% |
| Cash at bank and in hand | 54/58 | €244,876 | €240,275 | -€4,601 | -1.9% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €271,137 | €246,808 | -€24,329 | -9.0% |
| Equity | 10/15 | €172,567 | €168,538 | -€4,030 | -2.3% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,725 | €1,725 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,725 | €1,725 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,275 | €18,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,567 | €148,538 | -€4,030 | -2.6% |
| Provisions and deferred taxes | 16 | €5,500 | €5,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,500 | €5,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,500 | €5,500 | = | 0.0% |
| Amounts payable | 17/49 | €93,069 | €72,770 | -€20,299 | -21.8% |
| Amounts payable within one year | 42/48 | €93,069 | €72,770 | -€20,299 | -21.8% |
| Trade debts | 44 | €23,062 | €20,091 | -€2,971 | -12.9% |
| Suppliers | 440/4 | €23,062 | €20,091 | -€2,971 | -12.9% |
| Taxes, remuneration and social security | 45 | €5,932 | €2,789 | -€3,144 | -53.0% |
| Taxes | 450/3 | €5,932 | €2,789 | -€3,144 | -53.0% |
| Other amounts payable | 47/48 | €64,075 | €49,891 | -€14,184 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,440 | €4,881 | +€3,440 | +238.9% |
| Other operating charges | 640/8 | €4,607 | €3,943 | -€663 | -14.4% |
| Gross operating margin | 9900 | €78,559 | €11,535 | -€67,025 | -85.3% |
| Operating profit (loss) | 9901 | €72,512 | €2,710 | -€69,802 | -96.3% |
| Financial charges | 65/66B | €147 | €103 | -€44 | -29.9% |
| Recurring financial charges | 65 | €147 | €103 | -€44 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €72,365 | €2,607 | -€69,758 | -96.4% |
| Income taxes | 67/77 | €20,465 | €6,637 | -€13,828 | -67.6% |
| Profit (loss) for the period | 9904 | €51,900 | -€4,030 | -€55,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,900 | -€4,030 | -€55,930 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.