REYNACO: 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.
REYNACO
Largest movements
- Cash -€195,838
down €195,838 (-87.8%), from €222,995 to €27,157
mainly Contributions, distributions and other (-€217,000) and Deferred charges and accrued income (-€1,608)
- Receivables within one year -€7,558
down €7,558 (-93.5%), from €8,082 to €524
of which Other amounts receivable: -€7,558
- Reserves -€213,597
down €213,597 (-97.6%), from €218,872 to €5,275
- Tax, wage and social debts +€8,157
up €8,157 (+82.7%), from €9,865 to €18,022
- Gross operating margin -€39,768
down €39,768 (-83.9%), from €47,412 to €7,645
- Taxes -€8,109
down €8,109 (-84.6%), from €9,584 to €1,476
- Financial charges +€706
up €706 (+1,047%), from €67 to €773
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 | €234,254 | €30,995 | -€203,259 | -86.8% |
| Fixed assets | 21/28 | €2,973 | €1,501 | -€1,471 | -49.5% |
| Tangible fixed assets | 22/27 | €2,973 | €1,501 | -€1,471 | -49.5% |
| Land and buildings | 22 | €834 | €704 | -€130 | -15.6% |
| Furniture and vehicles | 24 | €2,138 | €797 | -€1,341 | -62.7% |
| Current assets | 29/58 | €231,282 | €29,494 | -€201,788 | -87.2% |
| Amounts receivable within one year | 40/41 | €8,082 | €524 | -€7,558 | -93.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,082 | €524 | -€7,558 | -93.5% |
| Cash at bank and in hand | 54/58 | €222,995 | €27,157 | -€195,838 | -87.8% |
| Deferred charges and accrued income | 490/1 | €204 | €1,813 | +€1,608 | +787% |
| Total equity and liabilities | 10/49 | €234,254 | €30,995 | -€203,259 | -86.8% |
| Equity | 10/15 | €223,872 | €10,275 | -€213,597 | -95.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €218,872 | €5,275 | -€213,597 | -97.6% |
| Distributable reserves | 133 | €218,872 | €5,275 | -€213,597 | -97.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,382 | €20,720 | +€10,338 | +99.6% |
| Amounts payable within one year | 42/48 | €10,382 | €20,321 | +€9,938 | +95.7% |
| Trade debts | 44 | €517 | €1,953 | +€1,435 | +277% |
| Suppliers | 440/4 | €517 | €1,953 | +€1,435 | +277% |
| Taxes, remuneration and social security | 45 | €9,865 | €18,022 | +€8,157 | +82.7% |
| Taxes | 450/3 | €9,865 | €18,022 | +€8,157 | +82.7% |
| Other amounts payable | 47/48 | - | €346 | +€346 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,552 | €1,471 | -€80 | -5.2% |
| Other operating charges | 640/8 | €628 | €585 | -€43 | -6.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €47,412 | €7,645 | -€39,768 | -83.9% |
| Operating profit (loss) | 9901 | €45,232 | €5,588 | -€39,644 | -87.6% |
| Financial income | 75/76B | €0 | €64 | +€64 | |
| Recurring financial income | 75 | €0 | €64 | +€64 | |
| Financial charges | 65/66B | €67 | €773 | +€706 | +1,047% |
| Recurring financial charges | 65 | €67 | €773 | +€706 | +1,047% |
| Profit (loss) for the period before taxes | 9903 | €45,165 | €4,878 | -€40,287 | -89.2% |
| Income taxes | 67/77 | €9,584 | €1,476 | -€8,109 | -84.6% |
| Profit (loss) for the period | 9904 | €35,581 | €3,403 | -€32,178 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,581 | €3,403 | -€32,178 | -90.4% |
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 21 October 2026 via checked.be.