REYNAERT: 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.
REYNAERT
Largest movements
- Receivables within one year +€527,409
up €527,409 (+303.8%), from €173,607 to €701,016
of which Other amounts receivable: +€522,503
- Receivables after one year +€200,000
up €200,000 (+133.3%), from €150,000 to €350,000
- Deferred charges and accrued income -€83,483
down €83,483 (-74.1%), from €112,723 to €29,241
- Tangible fixed assets -€47,003
down €47,003 (-7.4%), from €635,004 to €588,001
of which Land and buildings: -€40,242
- Current investments +€30,358
up €30,358 (+37.3%), from €81,466 to €111,825
- Other debts +€561,300
up €561,300 (+201.9%), from €277,991 to €839,290
- Profit (loss) carried forward +€68,885
up €68,885 (+284.6%), from €24,204 to €93,089
- Gross operating margin +€46,827
up €46,827 (+24.1%), from €194,341 to €241,169
- Depreciation -€31,245
down €31,245 (-39.9%), from €78,248 to €47,003
- Taxes +€20,526
up €20,526 (+269.8%), from €7,608 to €28,134
- Financial income +€6,246
up €6,246 (+53.1%), from €11,756 to €18,002
- Financial charges +€3,646
up €3,646 (+26.6%), from €13,695 to €17,341
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,153,800 | €1,794,357 | +€640,556 | +55.5% |
| Fixed assets | 21/28 | €635,004 | €588,001 | -€47,003 | -7.4% |
| Tangible fixed assets | 22/27 | €635,004 | €588,001 | -€47,003 | -7.4% |
| Land and buildings | 22 | €568,243 | €528,001 | -€40,242 | -7.1% |
| Furniture and vehicles | 24 | €66,761 | €60,000 | -€6,761 | -10.1% |
| Current assets | 29/58 | €518,796 | €1,206,356 | +€687,559 | +132.5% |
| Amounts receivable after more than one year | 29 | €150,000 | €350,000 | +€200,000 | +133.3% |
| Other amounts receivable | 291 | €150,000 | €350,000 | +€200,000 | +133.3% |
| Amounts receivable within one year | 40/41 | €173,607 | €701,016 | +€527,409 | +303.8% |
| Trade receivables | 40 | €8,123 | €13,029 | +€4,905 | +60.4% |
| Other amounts receivable | 41 | €165,484 | €687,987 | +€522,503 | +315.7% |
| Current investments | 50/53 | €81,466 | €111,825 | +€30,358 | +37.3% |
| Cash at bank and in hand | 54/58 | €999 | €14,274 | +€13,275 | +1328.4% |
| Deferred charges and accrued income | 490/1 | €112,723 | €29,241 | -€83,483 | -74.1% |
| Total equity and liabilities | 10/49 | €1,153,800 | €1,794,357 | +€640,556 | +55.5% |
| Equity | 10/15 | €752,294 | €826,078 | +€73,784 | +9.8% |
| Contributions | 10/11 | €725,000 | €725,000 | = | 0.0% |
| Capital | 10 | €725,000 | €725,000 | = | 0.0% |
| Issued capital | 100 | €725,000 | €725,000 | = | 0.0% |
| Reserves | 13 | €3,090 | €7,989 | +€4,899 | +158.6% |
| Non-distributable reserves | 130/1 | €3,090 | €7,989 | +€4,899 | +158.6% |
| Legal reserve | 130 | €3,090 | €7,989 | +€4,899 | +158.6% |
| Profit (loss) carried forward | 14 | €24,204 | €93,089 | +€68,885 | +284.6% |
| Amounts payable | 17/49 | €401,506 | €968,279 | +€566,773 | +141.2% |
| Amounts payable after more than one year | 17 | €52,049 | €43,133 | -€8,916 | -17.1% |
| Financial debts | 170/4 | €52,049 | €43,133 | -€8,916 | -17.1% |
| Amounts payable within one year | 42/48 | €334,319 | €903,134 | +€568,816 | +170.1% |
| Current portion of amounts payable after more than one year | 42 | €18,969 | €11,832 | -€7,137 | -37.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,951 | €11,277 | -€675 | -5.6% |
| Suppliers | 440/4 | €11,951 | €11,277 | -€675 | -5.6% |
| Taxes, remuneration and social security | 45 | €25,408 | €40,735 | +€15,327 | +60.3% |
| Taxes | 450/3 | €18,761 | €33,897 | +€15,135 | +80.7% |
| Remuneration and social security | 454/9 | €6,647 | €6,838 | +€192 | +2.9% |
| Other amounts payable | 47/48 | €277,991 | €839,290 | +€561,300 | +201.9% |
| Accrued charges and deferred income | 492/3 | €15,139 | €22,011 | +€6,873 | +45.4% |
| Remuneration, social security and pensions | 62 | €77,886 | €80,734 | +€2,848 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,248 | €47,003 | -€31,245 | -39.9% |
| Other operating charges | 640/8 | €12,303 | €12,175 | -€128 | -1.0% |
| Gross operating margin | 9900 | €194,341 | €241,169 | +€46,827 | +24.1% |
| Operating profit (loss) | 9901 | €25,904 | €101,256 | +€75,352 | +290.9% |
| Financial income | 75/76B | €11,756 | €18,002 | +€6,246 | +53.1% |
| Recurring financial income | 75 | €11,756 | €18,002 | +€6,246 | +53.1% |
| Financial charges | 65/66B | €13,695 | €17,341 | +€3,646 | +26.6% |
| Recurring financial charges | 65 | €13,695 | €17,341 | +€3,646 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €23,965 | €101,918 | +€77,952 | +325.3% |
| Income taxes | 67/77 | €7,608 | €28,134 | +€20,526 | +269.8% |
| Profit (loss) for the period | 9904 | €16,358 | €73,784 | +€57,426 | +351.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,358 | €73,784 | +€57,426 | +351.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.