REYERS 201: 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.
REYERS 201
Largest movements
- Stocks and contracts -€2.9m
down €2.9m (-61.9%), from €4.6m to €1.8m
- Other debts -€1.9m
down €1.9m (-79.5%), from €2.4m to €495,143
- Debts after one year -€918,842
down €918,842 (-42.2%), from €2.2m to €1.3m
of which Financial debts: -€2.2m
- Profit (loss) carried forward -€213,018
down €213,018 (-142%), from -€149,679 to -€362,696
- Accrued charges and deferred income +€119,836
new in 2024: €119,836
- Short-term financial debts +€66,452
new in 2024: €66,452
- Gross operating margin -€113,501
down €113,501, from €73,440 to -€40,060
- Financial charges -€54,734
down €54,734 (-27.0%), from €202,870 to €148,137
- Other operating charges +€16,458
up €16,458 (+187%), from €8,805 to €25,264
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,662,969 | €1,779,885 | -€2.9m | -61.8% |
| Current assets | 29/58 | €4,662,969 | €1,779,885 | -€2.9m | -61.8% |
| Stocks and contracts in progress | 3 | €4,623,193 | €1,760,305 | -€2.9m | -61.9% |
| Stocks | 30/36 | €4,623,193 | €1,760,305 | -€2.9m | -61.9% |
| Amounts receivable within one year | 40/41 | €4,609 | - | -€4,609 | |
| Trade receivables | 40 | €4,582 | - | -€4,582 | |
| Other amounts receivable | 41 | €27 | - | -€27 | |
| Cash at bank and in hand | 54/58 | €30,520 | €5,122 | -€25,397 | -83.2% |
| Deferred charges and accrued income | 490/1 | €4,648 | €14,458 | +€9,811 | +211% |
| Total equity and liabilities | 10/49 | €4,662,969 | €1,779,885 | -€2.9m | -61.8% |
| Equity | 10/15 | -€124,679 | -€337,696 | -€213,018 | -171% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,679 | -€362,696 | -€213,018 | -142% |
| Provisions and deferred taxes | 16 | €150,000 | €150,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €150,000 | €150,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable | 17/49 | €4,637,647 | €1,967,582 | -€2.7m | -57.6% |
| Amounts payable after more than one year | 17 | €2,176,048 | €1,257,206 | -€918,842 | -42.2% |
| Financial debts | 170/4 | €2,176,048 | - | -€2.2m | |
| Other amounts payable | 178/9 | - | €1,257,206 | +€1.3m | |
| Amounts payable within one year | 42/48 | €2,461,599 | €590,539 | -€1.9m | -76.0% |
| Financial debts | 43 | - | €66,452 | +€66,452 | |
| Other loans | 439 | - | €66,452 | +€66,452 | |
| Trade debts | 44 | €12,191 | - | -€12,191 | |
| Suppliers | 440/4 | €12,191 | - | -€12,191 | |
| Taxes, remuneration and social security | 45 | €30,481 | €28,944 | -€1,537 | -5.0% |
| Taxes | 450/3 | €30,481 | €28,944 | -€1,537 | -5.0% |
| Other amounts payable | 47/48 | €2,418,927 | €495,143 | -€1.9m | -79.5% |
| Accrued charges and deferred income | 492/3 | - | €119,836 | +€119,836 | |
| Other operating charges | 640/8 | €8,805 | €25,264 | +€16,458 | +187% |
| Gross operating margin | 9900 | €73,440 | -€40,060 | -€113,501 | |
| Operating profit (loss) | 9901 | €64,635 | -€65,324 | -€129,959 | |
| Financial income | 75/76B | - | €443 | +€443 | |
| Recurring financial income | 75 | - | €443 | +€443 | |
| Financial charges | 65/66B | €202,870 | €148,137 | -€54,734 | -27.0% |
| Recurring financial charges | 65 | €202,870 | €148,137 | -€54,734 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€138,235 | -€213,018 | -€74,783 | -54.1% |
| Profit (loss) for the period | 9904 | -€138,235 | -€213,018 | -€74,783 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€138,235 | -€213,018 | -€74,783 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.