REYKJAVIK: 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.
REYKJAVIK
Largest movements
- Deferred charges and accrued income -€4,200
no longer reported in 2025 (was €4,200)
- Cash -€2,383
no longer reported in 2025 (was €2,383)
mainly Net result for the year (-€11,105) and Accrued charges and deferred income (-€775)
- Receivables within one year +€712
up €712 (+58.7%), from €1,214 to €1,926
of which Other amounts receivable: +€712
- Profit (loss) carried forward -€11,105
down €11,105 (-223%), from -€4,978 to -€16,083
- Short-term financial debts +€4,987
new in 2025: €4,987
- Accrued charges and deferred income -€775
no longer reported in 2025 (was €775)
- Trade debts +€672
new in 2025: €672
- Other debts +€350
up €350 (+17.5%), from €2,000 to €2,350
- Gross operating margin -€11,445
down €11,445, from €886 to -€10,559
- Other operating charges +€153
up €153 (+39.5%), from €387 to €540
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.
Derived cash bridge
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 | €7,797 | €1,926 | -€5,871 | -75.3% |
| Current assets | 29/58 | €7,797 | €1,926 | -€5,871 | -75.3% |
| Amounts receivable within one year | 40/41 | €1,214 | €1,926 | +€712 | +58.7% |
| Trade receivables | 40 | €672 | €672 | = | 0.0% |
| Other amounts receivable | 41 | €542 | €1,254 | +€712 | +131% |
| Cash at bank and in hand | 54/58 | €2,383 | - | -€2,383 | |
| Deferred charges and accrued income | 490/1 | €4,200 | - | -€4,200 | |
| Total equity and liabilities | 10/49 | €7,797 | €1,926 | -€5,871 | -75.3% |
| Equity | 10/15 | €5,022 | -€6,083 | -€11,105 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,978 | -€16,083 | -€11,105 | -223% |
| Amounts payable | 17/49 | €2,775 | €8,009 | +€5,234 | +189% |
| Amounts payable within one year | 42/48 | €2,000 | €8,009 | +€6,009 | +300% |
| Financial debts | 43 | - | €4,987 | +€4,987 | |
| Credit institutions | 430/8 | - | €4,987 | +€4,987 | |
| Trade debts | 44 | - | €672 | +€672 | |
| Suppliers | 440/4 | - | €672 | +€672 | |
| Other amounts payable | 47/48 | €2,000 | €2,350 | +€350 | +17.5% |
| Accrued charges and deferred income | 492/3 | €775 | - | -€775 | |
| Other operating charges | 640/8 | €387 | €540 | +€153 | +39.5% |
| Gross operating margin | 9900 | €886 | -€10,559 | -€11,445 | |
| Operating profit (loss) | 9901 | €498 | -€11,099 | -€11,597 | |
| Financial charges | 65/66B | €59 | €6 | -€53 | -90.3% |
| Recurring financial charges | 65 | €59 | €6 | -€53 | -90.3% |
| Profit (loss) for the period before taxes | 9903 | €440 | -€11,105 | -€11,545 | |
| Profit (loss) for the period | 9904 | €440 | -€11,105 | -€11,545 | |
| Profit (loss) for the period to be appropriated | 9905 | €440 | -€11,105 | -€11,545 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.