REYNAERTBEEK: 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.
What changed
REYNAERTBEEK
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€287,634
2024 · -€335,303+€47,669
Equity
€1.7m
2024 · €1.9m-€287,634
Cash
€16,661
2024 · €29,134-€12,473
Balance sheet total
€4.3m
2024 · €4.5m-€228,923
Largest movements
Assets
- Tangible fixed assets -€227,004
down €227,004 (-5.1%), from €4.5m to €4.3m
of which Land and buildings: -€227,515
Equity and liabilities
- Profit (loss) carried forward -€287,634
down €287,634 (-13.5%), from -€2.1m to -€2.4m
- Accrued charges and deferred income +€48,413
up €48,413 (+198%), from €24,406 to €72,819
Income statement
- Depreciation -€45,625
down €45,625 (-13.7%), from €332,273 to €286,648
- Gross operating margin +€2,365
up €2,365 (+3.8%), from €61,880 to €64,244
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.
Result 2024
-€335,303
Gross operating margin
+€2,365
Depreciation
+€45,625
Other operating charges
-€503
Financial charges
+€182
Result 2025
-€287,634
raises the resultlowers the result
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.
From operations
+€47,171
Investment
-€59,644
Financing
€0
Cash 2024
€29,134
From operations (derived)
+€47,171
Net result for the year
-€287,634
Depreciation
+€286,648
Deferred charges and accrued income
-€10,554
Trade debts
+€10,298
Accrued charges and deferred income
+€48,413
Investment (derived)
-€59,644
Investment in fixed assets (net)
-€59,644
Cash 2025
€16,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,533,464 | €4,304,541 | -€228,923 | -5.0% |
| Fixed assets | 21/28 | €4,493,254 | €4,266,249 | -€227,004 | -5.1% |
| Tangible fixed assets | 22/27 | €4,493,254 | €4,266,249 | -€227,004 | -5.1% |
| Land and buildings | 22 | €4,493,051 | €4,265,536 | -€227,515 | -5.1% |
| Plant, machinery and equipment | 23 | €202 | €713 | +€510 | +253% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €40,210 | €38,292 | -€1,919 | -4.8% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €29,134 | €16,661 | -€12,473 | -42.8% |
| Deferred charges and accrued income | 490/1 | €11,076 | €21,630 | +€10,554 | +95.3% |
| Total equity and liabilities | 10/49 | €4,533,464 | €4,304,541 | -€228,923 | -5.0% |
| Equity | 10/15 | €1,947,323 | €1,659,688 | -€287,634 | -14.8% |
| Contributions | 10/11 | €2,001,057 | €2,001,057 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,057 | €1,057 | = | 0.0% |
| Share premium | 1100/10 | €1,057 | €1,057 | = | 0.0% |
| Reserves | 13 | €2,077,025 | €2,077,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €1,877,025 | €1,877,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,130,759 | -€2,418,394 | -€287,634 | -13.5% |
| Amounts payable | 17/49 | €2,586,141 | €2,644,852 | +€58,711 | +2.3% |
| Amounts payable within one year | 42/48 | €2,561,735 | €2,572,034 | +€10,298 | +0.4% |
| Financial debts | 43 | €2,550,000 | €2,550,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,550,000 | - | -€2.6m | |
| Other loans | 439 | - | €2,550,000 | +€2.6m | |
| Trade debts | 44 | €11,735 | €22,034 | +€10,298 | +87.8% |
| Suppliers | 440/4 | €11,735 | €22,034 | +€10,298 | +87.8% |
| Accrued charges and deferred income | 492/3 | €24,406 | €72,819 | +€48,413 | +198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332,273 | €286,648 | -€45,625 | -13.7% |
| Other operating charges | 640/8 | €16,090 | €16,592 | +€503 | +3.1% |
| Gross operating margin | 9900 | €61,880 | €64,244 | +€2,365 | +3.8% |
| Operating profit (loss) | 9901 | -€286,483 | -€238,996 | +€47,487 | +16.6% |
| Financial charges | 65/66B | €48,820 | €48,638 | -€182 | -0.4% |
| Recurring financial charges | 65 | €48,820 | €48,638 | -€182 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€335,303 | -€287,634 | +€47,669 | +14.2% |
| Profit (loss) for the period | 9904 | -€335,303 | -€287,634 | +€47,669 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€335,303 | -€287,634 | +€47,669 | +14.2% |
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 28 October 2026 via checked.be.