REYGAERT: 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
REYGAERT
NACE 01.500, Mixed farming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,659
2024 · -€21,310+€22,968
Equity
€1.1m
2024 · €1.1m+€1,659
Cash
€21,659
2024 · €1,633+€20,027
Balance sheet total
€1.3m
2024 · €1.4m-€85,708
Largest movements
Assets
- Tangible fixed assets -€100,977
down €100,977 (-7.5%), from €1.4m to €1.2m
of which Land and buildings: -€101,575
- Cash +€20,027
up €20,027 (+1226.6%), from €1,633 to €21,659
mainly Depreciation (+€105,268) and Receivables within one year (+€7,521)
Equity and liabilities
- Debts after one year -€85,524
down €85,524 (-46.0%), from €186,109 to €100,586
Income statement
- Gross operating margin +€14,327
up €14,327 (+9.7%), from €147,842 to €162,169
- Staff costs -€9,179
down €9,179 (-19.6%), from €46,914 to €37,735
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
-€21,310
Gross operating margin
+€14,327
Staff costs
+€9,179
Depreciation
-€361
Other operating charges
-€768
Financial income
-€1
Financial charges
+€592
Result 2025
€1,659
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
+€111,012
Investment
-€4,291
Financing
-€86,694
Cash 2024
€1,633
From operations (derived)
+€111,012
Net result for the year
+€1,659
Depreciation
+€105,268
Stocks and contracts
-€2,100
Receivables within one year
+€7,521
Deferred charges and accrued income
-€663
Trade debts
+€4,040
Tax, wage and social debts
-€650
Other debts
-€1,295
Accrued charges and deferred income
-€2,768
Investment (derived)
-€4,291
Investment in fixed assets (net)
-€4,291
Financing
-€86,694
Debts after one year
-€85,524
Current portion of long-term debt
+€2,059
Short-term financial debts
-€3,229
Cash 2025
€21,659
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,256 | €1,282,549 | -€85,708 | -6.3% |
| Fixed assets | 21/28 | €1,351,214 | €1,250,238 | -€100,977 | -7.5% |
| Tangible fixed assets | 22/27 | €1,350,704 | €1,249,728 | -€100,977 | -7.5% |
| Land and buildings | 22 | €1,337,881 | €1,236,306 | -€101,575 | -7.6% |
| Plant, machinery and equipment | 23 | €12,823 | €11,817 | -€1,006 | -7.8% |
| Furniture and vehicles | 24 | - | €1,605 | +€1,605 | |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €17,042 | €32,311 | +€15,269 | +89.6% |
| Stocks and contracts in progress | 3 | €2,650 | €4,750 | +€2,100 | +79.2% |
| Stocks | 30/36 | €2,650 | €4,750 | +€2,100 | +79.2% |
| Amounts receivable within one year | 40/41 | €10,141 | €2,619 | -€7,521 | -74.2% |
| Trade receivables | 40 | €7,374 | €1,793 | -€5,580 | -75.7% |
| Other amounts receivable | 41 | €2,767 | €826 | -€1,941 | -70.2% |
| Cash at bank and in hand | 54/58 | €1,633 | €21,659 | +€20,027 | +1226.6% |
| Deferred charges and accrued income | 490/1 | €2,619 | €3,282 | +€663 | +25.3% |
| Total equity and liabilities | 10/49 | €1,368,256 | €1,282,549 | -€85,708 | -6.3% |
| Equity | 10/15 | €1,074,885 | €1,076,543 | +€1,659 | +0.2% |
| Contributions | 10/11 | €1,618,600 | €1,618,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€543,715 | -€542,057 | +€1,659 | +0.3% |
| Amounts payable | 17/49 | €293,372 | €206,005 | -€87,366 | -29.8% |
| Amounts payable after more than one year | 17 | €186,109 | €100,586 | -€85,524 | -46.0% |
| Financial debts | 170/4 | €186,109 | €100,586 | -€85,524 | -46.0% |
| Amounts payable within one year | 42/48 | €103,935 | €104,860 | +€925 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €77,175 | €79,234 | +€2,059 | +2.7% |
| Financial debts | 43 | €3,229 | - | -€3,229 | |
| Credit institutions | 430/8 | €3,229 | - | -€3,229 | |
| Trade debts | 44 | €411 | €4,451 | +€4,040 | +983.3% |
| Suppliers | 440/4 | €411 | €4,451 | +€4,040 | +983.3% |
| Taxes, remuneration and social security | 45 | €18,858 | €18,208 | -€650 | -3.4% |
| Taxes | 450/3 | €13,059 | €13,989 | +€930 | +7.1% |
| Remuneration and social security | 454/9 | €5,799 | €4,219 | -€1,580 | -27.2% |
| Other amounts payable | 47/48 | €4,262 | €2,967 | -€1,295 | -30.4% |
| Accrued charges and deferred income | 492/3 | €3,328 | €560 | -€2,768 | -83.2% |
| Remuneration, social security and pensions | 62 | €46,914 | €37,735 | -€9,179 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,907 | €105,268 | +€361 | +0.3% |
| Other operating charges | 640/8 | €4,825 | €5,592 | +€768 | +15.9% |
| Gross operating margin | 9900 | €147,842 | €162,169 | +€14,327 | +9.7% |
| Operating profit (loss) | 9901 | -€8,803 | €13,574 | +€22,377 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €12,507 | €11,915 | -€592 | -4.7% |
| Recurring financial charges | 65 | €12,507 | €11,915 | -€592 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,310 | €1,659 | +€22,968 | |
| Profit (loss) for the period | 9904 | -€21,310 | €1,659 | +€22,968 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,310 | €1,659 | +€22,968 |
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 30 September 2026 via checked.be.