REYGA: 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.
REYGA
Largest movements
- Cash -€60,467
down €60,467 (-52.4%), from €115,364 to €54,897
mainly Contributions, distributions and other (-€130,000) and Current investments (-€58,500)
- Current investments +€58,500
new in 2025: €58,500
- Tangible fixed assets +€11,104
up €11,104 (+3453.0%), from €322 to €11,425
- Receivables within one year +€2,376
up €2,376 (+371.3%), from €640 to €3,016
of which Other amounts receivable: +€2,866
- Other debts +€95,807
up €95,807 (+1494.2%), from €6,412 to €102,219
- Profit (loss) carried forward -€89,141
down €89,141 (-91.5%), from €97,372 to €8,232
- Tax, wage and social debts +€3,692
up €3,692 (+55.7%), from €6,626 to €10,318
of which Taxes: +€2,022
- Trade debts +€1,346
up €1,346 (+134.7%), from €999 to €2,344
- Gross operating margin -€13,176
down €13,176 (-18.3%), from €72,168 to €58,992
- Taxes +€1,557
up €1,557 (+10.6%), from €14,661 to €16,218
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 | €117,409 | €129,113 | +€11,704 | +10.0% |
| Fixed assets | 21/28 | €322 | €11,425 | +€11,104 | +3453.0% |
| Tangible fixed assets | 22/27 | €322 | €11,425 | +€11,104 | +3453.0% |
| Furniture and vehicles | 24 | €322 | €11,425 | +€11,104 | +3453.0% |
| Current assets | 29/58 | €117,087 | €117,687 | +€600 | +0.5% |
| Amounts receivable within one year | 40/41 | €640 | €3,016 | +€2,376 | +371.3% |
| Trade receivables | 40 | €605 | €115 | -€490 | -81.0% |
| Other amounts receivable | 41 | €35 | €2,901 | +€2,866 | +8215.0% |
| Current investments | 50/53 | - | €58,500 | +€58,500 | |
| Cash at bank and in hand | 54/58 | €115,364 | €54,897 | -€60,467 | -52.4% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,274 | +€190 | +17.6% |
| Total equity and liabilities | 10/49 | €117,409 | €129,113 | +€11,704 | +10.0% |
| Equity | 10/15 | €103,372 | €14,232 | -€89,141 | -86.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,372 | €8,232 | -€89,141 | -91.5% |
| Amounts payable | 17/49 | €14,037 | €114,881 | +€100,844 | +718.4% |
| Amounts payable within one year | 42/48 | €14,037 | €114,881 | +€100,844 | +718.4% |
| Trade debts | 44 | €999 | €2,344 | +€1,346 | +134.7% |
| Suppliers | 440/4 | €999 | €2,344 | +€1,346 | +134.7% |
| Taxes, remuneration and social security | 45 | €6,626 | €10,318 | +€3,692 | +55.7% |
| Taxes | 450/3 | €6,626 | €8,648 | +€2,022 | +30.5% |
| Remuneration and social security | 454/9 | - | €1,670 | +€1,670 | |
| Other amounts payable | 47/48 | €6,412 | €102,219 | +€95,807 | +1494.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €621 | +€284 | +84.2% |
| Other operating charges | 640/8 | €951 | €317 | -€634 | -66.7% |
| Gross operating margin | 9900 | €72,168 | €58,992 | -€13,176 | -18.3% |
| Operating profit (loss) | 9901 | €70,879 | €58,054 | -€12,825 | -18.1% |
| Financial income | 75/76B | €25 | €197 | +€172 | +679.3% |
| Recurring financial income | 75 | €25 | €197 | +€172 | +679.3% |
| Financial charges | 65/66B | €827 | €1,174 | +€347 | +41.9% |
| Recurring financial charges | 65 | €827 | €1,174 | +€347 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €70,077 | €57,077 | -€13,000 | -18.6% |
| Income taxes | 67/77 | €14,661 | €16,218 | +€1,557 | +10.6% |
| Profit (loss) for the period | 9904 | €55,416 | €40,859 | -€14,557 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,416 | €40,859 | -€14,557 | -26.3% |
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 6 October 2026 via checked.be.