REYNAERT TIM: what changed
What changed
REYNAERT TIM
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€46
2025 · -€2,334+€2,288
Equity
€47,741
2025 · €47,787-€46
Cash
€1,992
2025 · €2,195-€203
Balance sheet total
€211,390
2025 · €220,277-€8,887
Largest movements
Assets
- Tangible fixed assets -€8,702
down €8,702 (-4.0%), from €217,330 to €208,627
of which Land and buildings: -€8,260
Equity and liabilities
- Debts after one year -€19,711
down €19,711 (-25.1%), from €78,637 to €58,926
of which Financial debts: -€19,711
- Other debts +€11,305
up €11,305 (+15.7%), from €72,109 to €83,414
Income statement
- Gross operating margin +€1,921
up €1,921 (+19.4%), from €9,910 to €11,831
- Financial charges -€383
down €383 (-17.1%), from €2,239 to €1,856
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€2,334
Gross operating margin
+€1,921
Depreciation
+€23
Other operating charges
-€39
Financial charges
+€383
Result 2026
-€46
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,477
Investment
€0
Financing
-€19,680
Cash 2025
€2,195
From operations (derived)
+€19,477
Net result for the year
-€46
Depreciation
+€8,702
Smaller working-capital items
-€75
Trade debts
-€408
Other debts
+€11,305
Financing
-€19,680
Debts after one year
-€19,711
Current portion of long-term debt
+€31
Cash 2026
€1,992
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,277 | €211,390 | -€8,887 | -4.0% |
| Fixed assets | 21/28 | €217,330 | €208,627 | -€8,702 | -4.0% |
| Tangible fixed assets | 22/27 | €217,330 | €208,627 | -€8,702 | -4.0% |
| Land and buildings | 22 | €216,511 | €208,250 | -€8,260 | -3.8% |
| Plant, machinery and equipment | 23 | €433 | €165 | -€268 | -61.9% |
| Furniture and vehicles | 24 | €386 | €212 | -€174 | -45.1% |
| Current assets | 29/58 | €2,948 | €2,762 | -€185 | -6.3% |
| Cash at bank and in hand | 54/58 | €2,195 | €1,992 | -€203 | -9.2% |
| Deferred charges and accrued income | 490/1 | €753 | €771 | +€18 | +2.3% |
| Total equity and liabilities | 10/49 | €220,277 | €211,390 | -€8,887 | -4.0% |
| Equity | 10/15 | €47,787 | €47,741 | -€46 | -0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,387 | €35,341 | -€46 | -0.1% |
| Distributable reserves | 133 | €35,387 | €35,341 | -€46 | -0.1% |
| Amounts payable | 17/49 | €172,490 | €163,649 | -€8,841 | -5.1% |
| Amounts payable after more than one year | 17 | €78,637 | €58,926 | -€19,711 | -25.1% |
| Financial debts | 170/4 | €77,563 | €57,852 | -€19,711 | -25.4% |
| Other amounts payable | 178/9 | €1,073 | €1,073 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,707 | €104,606 | +€10,899 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €19,680 | €19,711 | +€31 | +0.2% |
| Financial debts | 43 | €1,472 | €1,472 | = | 0.0% |
| Credit institutions | 430/8 | €1,472 | €1,472 | = | 0.0% |
| Trade debts | 44 | €408 | - | -€408 | |
| Suppliers | 440/4 | €408 | - | -€408 | |
| Taxes, remuneration and social security | 45 | €37 | €9 | -€28 | -75.0% |
| Taxes | 450/3 | €37 | €9 | -€28 | -75.0% |
| Other amounts payable | 47/48 | €72,109 | €83,414 | +€11,305 | +15.7% |
| Accrued charges and deferred income | 492/3 | €146 | €117 | -€29 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,725 | €8,702 | -€23 | -0.3% |
| Other operating charges | 640/8 | €1,280 | €1,319 | +€39 | +3.0% |
| Gross operating margin | 9900 | €9,910 | €11,831 | +€1,921 | +19.4% |
| Operating profit (loss) | 9901 | -€95 | €1,810 | +€1,905 | |
| Financial charges | 65/66B | €2,239 | €1,856 | -€383 | -17.1% |
| Recurring financial charges | 65 | €2,239 | €1,856 | -€383 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,334 | -€46 | +€2,288 | +98.0% |
| Profit (loss) for the period | 9904 | -€2,334 | -€46 | +€2,288 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,334 | -€46 | +€2,288 | +98.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.