REYJAN: 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.
REYJAN
Largest movements
- Receivables within one year +€122,797
up €122,797 (+115.0%), from €106,765 to €229,562
of which Other amounts receivable: +€125,575
- Tangible fixed assets +€27,598
up €27,598 (+52.0%), from €53,119 to €80,717
of which Furniture and vehicles: +€39,767
- Cash -€24,592
down €24,592 (-57.3%), from €42,882 to €18,291
mainly Receivables within one year (-€122,797) and Investment in fixed assets (net) (-€59,852)
- Profit (loss) carried forward +€81,079
up €81,079 (+38.3%), from €211,782 to €292,861
- Debts after one year +€39,634
new in 2025: €39,634
- Current portion of long-term debt +€7,754
up €7,754 (+28.1%), from €27,638 to €35,391
- Staff costs +€11,258
up €11,258 (+9.6%), from €117,701 to €128,959
- Depreciation +€8,713
up €8,713 (+35.9%), from €24,239 to €32,951
- Financial income +€7,812
up €7,812 (+163.6%), from €4,776 to €12,588
- Taxes -€4,688
down €4,688 (-18.2%), from €25,813 to €21,125
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 | €311,875 | €436,625 | +€124,750 | +40.0% |
| Formation expenses | 20 | €2,117 | €1,419 | -€698 | -33.0% |
| Fixed assets | 21/28 | €53,119 | €80,717 | +€27,598 | +52.0% |
| Tangible fixed assets | 22/27 | €53,119 | €80,717 | +€27,598 | +52.0% |
| Plant, machinery and equipment | 23 | €12,191 | €5,462 | -€6,729 | -55.2% |
| Furniture and vehicles | 24 | €24,607 | €64,375 | +€39,767 | +161.6% |
| Other tangible fixed assets | 26 | €16,320 | €10,880 | -€5,440 | -33.3% |
| Current assets | 29/58 | €256,639 | €354,489 | +€97,850 | +38.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,753 | €3,012 | -€741 | -19.8% |
| Stocks | 30/36 | €3,753 | €3,012 | -€741 | -19.8% |
| Amounts receivable within one year | 40/41 | €106,765 | €229,562 | +€122,797 | +115.0% |
| Trade receivables | 40 | €4,213 | €1,435 | -€2,778 | -65.9% |
| Other amounts receivable | 41 | €102,552 | €228,127 | +€125,575 | +122.4% |
| Cash at bank and in hand | 54/58 | €42,882 | €18,291 | -€24,592 | -57.3% |
| Deferred charges and accrued income | 490/1 | €3,239 | €3,625 | +€386 | +11.9% |
| Total equity and liabilities | 10/49 | €311,875 | €436,625 | +€124,750 | +40.0% |
| Equity | 10/15 | €221,782 | €302,861 | +€81,079 | +36.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,782 | €292,861 | +€81,079 | +38.3% |
| Amounts payable | 17/49 | €90,093 | €133,765 | +€43,671 | +48.5% |
| Amounts payable after more than one year | 17 | - | €39,634 | +€39,634 | |
| Financial debts | 170/4 | - | €39,634 | +€39,634 | |
| Amounts payable within one year | 42/48 | €89,752 | €92,797 | +€3,045 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €27,638 | €35,391 | +€7,754 | +28.1% |
| Financial debts | 43 | €3,576 | €2,220 | -€1,356 | -37.9% |
| Other loans | 439 | €3,576 | €2,220 | -€1,356 | -37.9% |
| Trade debts | 44 | €22,811 | €23,096 | +€285 | +1.3% |
| Suppliers | 440/4 | €22,811 | €23,096 | +€285 | +1.3% |
| Taxes, remuneration and social security | 45 | €35,727 | €32,089 | -€3,638 | -10.2% |
| Taxes | 450/3 | €17,967 | €18,544 | +€576 | +3.2% |
| Remuneration and social security | 454/9 | €17,760 | €13,546 | -€4,214 | -23.7% |
| Accrued charges and deferred income | 492/3 | €341 | €1,334 | +€992 | +290.6% |
| Remuneration, social security and pensions | 62 | €117,701 | €128,959 | +€11,258 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,239 | €32,951 | +€8,713 | +35.9% |
| Other operating charges | 640/8 | €2,667 | €2,399 | -€268 | -10.0% |
| Gross operating margin | 9900 | €258,844 | €259,378 | +€534 | +0.2% |
| Operating profit (loss) | 9901 | €114,237 | €95,068 | -€19,169 | -16.8% |
| Financial income | 75/76B | €4,776 | €12,588 | +€7,812 | +163.6% |
| Recurring financial income | 75 | €4,776 | €12,588 | +€7,812 | +163.6% |
| Financial charges | 65/66B | €4,023 | €5,452 | +€1,429 | +35.5% |
| Recurring financial charges | 65 | €4,023 | €5,452 | +€1,429 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €114,990 | €102,204 | -€12,786 | -11.1% |
| Income taxes | 67/77 | €25,813 | €21,125 | -€4,688 | -18.2% |
| Profit (loss) for the period | 9904 | €89,177 | €81,079 | -€8,098 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,177 | €81,079 | -€8,098 | -9.1% |
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 5 October 2026 via checked.be.