Reynco: 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.
What changed
Reynco
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16.6m
2024 · €8,084+€16.6m
Equity
€236.4m
2024 · €219.7m+€16.6m
Cash
€687,399
2024 · €976,643-€289,244
Balance sheet total
€236.4m
2024 · €234.6m+€1.8m
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€16.6m
up €16.6m (+29.4%), from €56.5m to €73.2m
- Short-term financial debts -€11.8m
down €11.8m (-100.0%), from €11.8m to €0
- Other debts -€3.0m
down €3.0m (-100.0%), from €3.0m to €0
Income statement
- Financial income +€16.3m
up €16.3m, from €0 to €16.3m
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
€8,084
Other operating charges
-€613
Other operating items
-€297,741
Financial income
+€16.3m
Financial charges
+€589,384
Result 2025
€16.6m
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.
From operations
+€11.5m
Investment
€0
Financing
-€11.8m
Cash 2024
€976,643
From operations (derived)
+€11.5m
Net result for the year
+€16.6m
Receivables within one year
-€2.1m
Smaller working-capital items
-€25,859
Other debts
-€3.0m
Financing
-€11.8m
Short-term financial debts
-€11.8m
Cash 2025
€687,399
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,604,978 | €236,414,009 | +€1.8m | +0.8% |
| Fixed assets | 21/28 | €233,142,660 | €233,142,660 | = | 0.0% |
| Financial fixed assets | 28 | €233,142,660 | €233,142,660 | = | 0.0% |
| Affiliated companies | 280/1 | €233,142,660 | €233,142,660 | = | 0.0% |
| Participating interests | 280 | €233,142,660 | €233,142,660 | = | 0.0% |
| Current assets | 29/58 | €1,462,318 | €3,271,349 | +€1.8m | +123.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €485,675 | €2,583,950 | +€2.1m | +432.0% |
| Other amounts receivable | 41 | €485,675 | €2,583,950 | +€2.1m | +432.0% |
| Cash at bank and in hand | 54/58 | €976,643 | €687,399 | -€289,244 | -29.6% |
| Total equity and liabilities | 10/49 | €234,604,978 | €236,414,009 | +€1.8m | +0.8% |
| Equity | 10/15 | €219,739,118 | €236,386,508 | +€16.6m | +7.6% |
| Contributions | 10/11 | €163,207,660 | €163,207,660 | = | 0.0% |
| Reserves | 13 | €56,531,458 | €73,178,848 | +€16.6m | +29.4% |
| Distributable reserves | 133 | €56,531,458 | €73,178,848 | +€16.6m | +29.4% |
| Amounts payable | 17/49 | €14,865,860 | €27,501 | -€14.8m | -99.8% |
| Amounts payable within one year | 42/48 | €14,865,860 | €27,501 | -€14.8m | -99.8% |
| Financial debts | 43 | €11,812,500 | €0 | -€11.8m | -100.0% |
| Credit institutions | 430/8 | €11,812,500 | €0 | -€11.8m | -100.0% |
| Trade debts | 44 | €1,554 | €2,073 | +€519 | +33.4% |
| Suppliers | 440/4 | €1,554 | €2,073 | +€519 | +33.4% |
| Taxes, remuneration and social security | 45 | €51,805 | €25,428 | -€26,378 | -50.9% |
| Taxes | 450/3 | €51,805 | €25,428 | -€26,378 | -50.9% |
| Other amounts payable | 47/48 | €3,000,000 | €0 | -€3.0m | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €800,000 | €500,000 | -€300,000 | -37.5% |
| Other operating income | 74 | €800,000 | €500,000 | -€300,000 | -37.5% |
| Operating charges | 60/66A | €30,518 | €28,872 | -€1,646 | -5.4% |
| Services and other goods | 61 | €30,013 | €27,753 | -€2,259 | -7.5% |
| Other operating charges | 640/8 | €505 | €1,118 | +€613 | +121.3% |
| Operating profit (loss) | 9901 | €769,482 | €471,128 | -€298,354 | -38.8% |
| Financial income | 75/76B | €0 | €16,348,275 | +€16.3m | |
| Recurring financial income | 75 | €0 | €16,348,275 | +€16.3m | |
| Income from current assets | 751 | €0 | €16,348,275 | +€16.3m | |
| Financial charges | 65/66B | €761,398 | €172,013 | -€589,384 | -77.4% |
| Recurring financial charges | 65 | €761,398 | €172,013 | -€589,384 | -77.4% |
| Debt charges | 650 | €758,719 | €171,499 | -€587,220 | -77.4% |
| Other financial charges | 652/9 | €2,679 | €515 | -€2,164 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €8,084 | €16,647,390 | +€16.6m | +205819.9% |
| Profit (loss) for the period | 9904 | €8,084 | €16,647,390 | +€16.6m | +205819.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,084 | €16,647,390 | +€16.6m | +205819.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.