Reyn: 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.
Reyn
Largest movements
- Current investments +€46,011
up €46,011 (+21.4%), from €215,455 to €261,466
- Cash -€32,869
down €32,869 (-21.6%), from €151,923 to €119,054
mainly Contributions, distributions and other (-€69,512) and Current investments (-€46,011)
- Tangible fixed assets -€11,473
down €11,473 (-9.3%), from €123,497 to €112,024
of which Land and buildings: -€10,766
- Receivables within one year +€5,872
up €5,872 (+75.9%), from €7,734 to €13,607
of which Other amounts receivable: +€5,579
- Deferred charges and accrued income +€5,388
new in 2025: €5,388
- Other debts +€30,443
up €30,443 (+433.6%), from €7,022 to €37,465
- Reserves -€27,004
down €27,004 (-6.3%), from €427,082 to €400,078
of which Distributable reserves: -€27,004
- Trade debts +€8,293
up €8,293 (+594.1%), from €1,396 to €9,689
- Financial charges +€5,324
up €5,324 (+395.8%), from €1,345 to €6,668
- Other operating charges -€1,736
down €1,736 (-12.2%), from €14,200 to €12,463
- Taxes -€968
down €968 (-4.5%), from €21,724 to €20,755
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 | €498,610 | €511,539 | +€12,930 | +2.6% |
| Fixed assets | 21/28 | €123,497 | €112,024 | -€11,473 | -9.3% |
| Tangible fixed assets | 22/27 | €123,497 | €112,024 | -€11,473 | -9.3% |
| Land and buildings | 22 | €122,780 | €112,014 | -€10,766 | -8.8% |
| Furniture and vehicles | 24 | €716 | €10 | -€707 | -98.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €375,113 | €399,515 | +€24,402 | +6.5% |
| Amounts receivable within one year | 40/41 | €7,734 | €13,607 | +€5,872 | +75.9% |
| Trade receivables | 40 | €1,488 | €1,781 | +€294 | +19.7% |
| Other amounts receivable | 41 | €6,246 | €11,825 | +€5,579 | +89.3% |
| Current investments | 50/53 | €215,455 | €261,466 | +€46,011 | +21.4% |
| Cash at bank and in hand | 54/58 | €151,923 | €119,054 | -€32,869 | -21.6% |
| Deferred charges and accrued income | 490/1 | - | €5,388 | +€5,388 | |
| Total equity and liabilities | 10/49 | €498,610 | €511,539 | +€12,930 | +2.6% |
| Equity | 10/15 | €488,582 | €461,578 | -€27,004 | -5.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €427,082 | €400,078 | -€27,004 | -6.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,484 | €3,484 | = | 0.0% |
| Distributable reserves | 133 | €417,448 | €390,443 | -€27,004 | -6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,028 | €49,962 | +€39,934 | +398.2% |
| Amounts payable within one year | 42/48 | €8,725 | €47,990 | +€39,265 | +450.1% |
| Trade debts | 44 | €1,396 | €9,689 | +€8,293 | +594.1% |
| Suppliers | 440/4 | €1,396 | €9,689 | +€8,293 | +594.1% |
| Taxes, remuneration and social security | 45 | €307 | €836 | +€529 | +172.2% |
| Taxes | 450/3 | €307 | €836 | +€529 | +172.2% |
| Other amounts payable | 47/48 | €7,022 | €37,465 | +€30,443 | +433.6% |
| Accrued charges and deferred income | 492/3 | €1,303 | €1,972 | +€669 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,129 | €14,046 | -€83 | -0.6% |
| Other operating charges | 640/8 | €14,200 | €12,463 | -€1,736 | -12.2% |
| Gross operating margin | 9900 | €88,207 | €88,169 | -€38 | 0.0% |
| Operating profit (loss) | 9901 | €59,879 | €61,659 | +€1,780 | +3.0% |
| Financial income | 75/76B | €7,743 | €8,272 | +€529 | +6.8% |
| Recurring financial income | 75 | €7,743 | €8,272 | +€529 | +6.8% |
| Financial charges | 65/66B | €1,345 | €6,668 | +€5,324 | +395.8% |
| Recurring financial charges | 65 | €1,345 | €6,668 | +€5,324 | +395.8% |
| Profit (loss) for the period before taxes | 9903 | €66,277 | €63,263 | -€3,014 | -4.5% |
| Income taxes | 67/77 | €21,724 | €20,755 | -€968 | -4.5% |
| Profit (loss) for the period | 9904 | €44,553 | €42,508 | -€2,045 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,553 | €42,508 | -€2,045 | -4.6% |
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 12 October 2026 via checked.be.