Reynaerd: 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.
Reynaerd
Largest movements
- Tangible fixed assets +€47,700
up €47,700 (+412.5%), from €11,563 to €59,263
of which Leasing and similar rights: +€50,750
- Cash -€8,946
down €8,946 (-46.7%), from €19,169 to €10,223
mainly Investment in fixed assets (net) (-€65,923) and Receivables within one year (-€5,383)
- Receivables within one year +€5,383
up €5,383 (+34.9%), from €15,428 to €20,810
of which Trade receivables: +€4,368
- Debts after one year +€30,316
up €30,316 (+662.7%), from €4,575 to €34,891
- Current portion of long-term debt +€9,209
up €9,209 (+243.8%), from €3,777 to €12,986
- Reserves +€4,725
up €4,725 (+18.4%), from €25,676 to €30,401
- Gross operating margin +€13,948
up €13,948 (+86.1%), from €16,206 to €30,153
- Depreciation +€11,947
up €11,947 (+190.4%), from €6,276 to €18,223
- Financial charges +€2,343
up €2,343 (+257.1%), from €911 to €3,254
- Other operating charges +€889
up €889 (+144.1%), from €617 to €1,506
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 | €46,333 | €90,470 | +€44,138 | +95.3% |
| Fixed assets | 21/28 | €11,563 | €59,263 | +€47,700 | +412.5% |
| Tangible fixed assets | 22/27 | €11,563 | €59,263 | +€47,700 | +412.5% |
| Plant, machinery and equipment | 23 | €4,849 | €2,446 | -€2,404 | -49.6% |
| Furniture and vehicles | 24 | €2,738 | €2,091 | -€647 | -23.6% |
| Leasing and similar rights | 25 | €3,976 | €54,726 | +€50,750 | +1276.4% |
| Current assets | 29/58 | €34,770 | €31,208 | -€3,562 | -10.2% |
| Amounts receivable within one year | 40/41 | €15,428 | €20,810 | +€5,383 | +34.9% |
| Trade receivables | 40 | €15,428 | €19,796 | +€4,368 | +28.3% |
| Other amounts receivable | 41 | - | €1,014 | +€1,014 | |
| Cash at bank and in hand | 54/58 | €19,169 | €10,223 | -€8,946 | -46.7% |
| Deferred charges and accrued income | 490/1 | €173 | €174 | +€2 | +0.9% |
| Total equity and liabilities | 10/49 | €46,333 | €90,470 | +€44,138 | +95.3% |
| Equity | 10/15 | €28,991 | €33,715 | +€4,725 | +16.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,676 | €30,401 | +€4,725 | +18.4% |
| Distributable reserves | 133 | €25,676 | €30,401 | +€4,725 | +18.4% |
| Profit (loss) carried forward | 14 | €315 | €315 | = | 0.0% |
| Amounts payable | 17/49 | €17,342 | €56,755 | +€39,413 | +227.3% |
| Amounts payable after more than one year | 17 | €4,575 | €34,891 | +€30,316 | +662.7% |
| Financial debts | 170/4 | €4,575 | €34,891 | +€30,316 | +662.7% |
| Amounts payable within one year | 42/48 | €12,767 | €21,864 | +€9,097 | +71.3% |
| Current portion of amounts payable after more than one year | 42 | €3,777 | €12,986 | +€9,209 | +243.8% |
| Trade debts | 44 | €1,122 | €1,772 | +€650 | +58.0% |
| Suppliers | 440/4 | €1,122 | €1,772 | +€650 | +58.0% |
| Taxes, remuneration and social security | 45 | €6,730 | €6,544 | -€187 | -2.8% |
| Taxes | 450/3 | €4,880 | €4,694 | -€187 | -3.8% |
| Remuneration and social security | 454/9 | €1,850 | €1,850 | = | 0.0% |
| Other amounts payable | 47/48 | €1,138 | €563 | -€576 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,276 | €18,223 | +€11,947 | +190.4% |
| Other operating charges | 640/8 | €617 | €1,506 | +€889 | +144.1% |
| Gross operating margin | 9900 | €16,206 | €30,153 | +€13,948 | +86.1% |
| Operating profit (loss) | 9901 | €9,313 | €10,425 | +€1,112 | +11.9% |
| Financial income | 75/76B | €40 | €12 | -€28 | -70.0% |
| Recurring financial income | 75 | €40 | €12 | -€28 | -70.0% |
| Financial charges | 65/66B | €911 | €3,254 | +€2,343 | +257.1% |
| Recurring financial charges | 65 | €911 | €3,254 | +€2,343 | +257.1% |
| Profit (loss) for the period before taxes | 9903 | €8,442 | €7,183 | -€1,259 | -14.9% |
| Income taxes | 67/77 | €2,610 | €2,458 | -€152 | -5.8% |
| Profit (loss) for the period | 9904 | €5,832 | €4,725 | -€1,108 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,832 | €4,725 | -€1,108 | -19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.