REYNDERS & C°: 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.
REYNDERS & C°
Largest movements
- Receivables within one year +€83,409
up €83,409 (+15.2%), from €547,196 to €630,605
of which Trade receivables: +€92,625
- Cash +€50,294
up €50,294 (+20.3%), from €247,374 to €297,668
mainly Other debts (+€205,700) and Trade debts (+€68,772)
- Tangible fixed assets -€14,966
down €14,966 (-19.0%), from €78,751 to €63,784
of which Furniture and vehicles: -€16,681
- Debts after one year -€205,700
no longer reported in 2025 (was €205,700)
- Other debts +€205,700
new in 2025: €205,700
- Trade debts +€68,772
up €68,772 (+14.5%), from €472,860 to €541,632
- Profit (loss) carried forward +€23,726
up €23,726 (+13.6%), from €174,780 to €198,506
- Tax, wage and social debts +€17,140
up €17,140 (+77.7%), from €22,060 to €39,199
of which Taxes: +€19,669
- Gross operating margin +€156,982
up €156,982 (+245.0%), from €64,062 to €221,044
- Staff costs +€44,580
up €44,580 (+35.1%), from €126,856 to €171,436
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 | €914,255 | €1,025,731 | +€111,476 | +12.2% |
| Fixed assets | 21/28 | €91,370 | €67,354 | -€24,015 | -26.3% |
| Intangible fixed assets | 21 | €12,619 | €3,570 | -€9,049 | -71.7% |
| Tangible fixed assets | 22/27 | €78,751 | €63,784 | -€14,966 | -19.0% |
| Furniture and vehicles | 24 | €54,589 | €37,908 | -€16,681 | -30.6% |
| Other tangible fixed assets | 26 | €24,161 | €25,876 | +€1,715 | +7.1% |
| Current assets | 29/58 | €822,885 | €958,376 | +€135,491 | +16.5% |
| Amounts receivable within one year | 40/41 | €547,196 | €630,605 | +€83,409 | +15.2% |
| Trade receivables | 40 | €309,457 | €402,083 | +€92,625 | +29.9% |
| Other amounts receivable | 41 | €237,739 | €228,522 | -€9,217 | -3.9% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €247,374 | €297,668 | +€50,294 | +20.3% |
| Deferred charges and accrued income | 490/1 | €13,314 | €15,103 | +€1,789 | +13.4% |
| Total equity and liabilities | 10/49 | €914,255 | €1,025,731 | +€111,476 | +12.2% |
| Equity | 10/15 | €210,240 | €233,966 | +€23,726 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,860 | €16,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,780 | €198,506 | +€23,726 | +13.6% |
| Amounts payable | 17/49 | €704,015 | €791,765 | +€87,750 | +12.5% |
| Amounts payable after more than one year | 17 | €205,700 | - | -€205,700 | |
| Trade debts | 175 | €205,700 | - | -€205,700 | |
| Amounts payable within one year | 42/48 | €494,920 | €786,531 | +€291,611 | +58.9% |
| Trade debts | 44 | €472,860 | €541,632 | +€68,772 | +14.5% |
| Suppliers | 440/4 | €472,860 | €541,632 | +€68,772 | +14.5% |
| Taxes, remuneration and social security | 45 | €22,060 | €39,199 | +€17,140 | +77.7% |
| Taxes | 450/3 | - | €19,669 | +€19,669 | |
| Remuneration and social security | 454/9 | €22,060 | €19,530 | -€2,529 | -11.5% |
| Other amounts payable | 47/48 | - | €205,700 | +€205,700 | |
| Accrued charges and deferred income | 492/3 | €3,395 | €5,234 | +€1,839 | +54.2% |
| Non-recurring operating income | 76A | €557 | - | -€557 | |
| Remuneration, social security and pensions | 62 | €126,856 | €171,436 | +€44,580 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,137 | €29,889 | +€1,752 | +6.2% |
| Other operating charges | 640/8 | €1,284 | €1,051 | -€233 | -18.1% |
| Gross operating margin | 9900 | €64,062 | €221,044 | +€156,982 | +245.0% |
| Operating profit (loss) | 9901 | -€92,215 | €18,668 | +€110,883 | |
| Financial income | 75/76B | €5,534 | €5,591 | +€57 | +1.0% |
| Recurring financial income | 75 | €5,534 | €5,591 | +€57 | +1.0% |
| Financial charges | 65/66B | €654 | €533 | -€122 | -18.6% |
| Recurring financial charges | 65 | €654 | €533 | -€122 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€87,335 | €23,726 | +€111,061 | |
| Income taxes | 67/77 | -€28 | - | +€28 | |
| Profit (loss) for the period | 9904 | -€87,308 | €23,726 | +€111,034 | |
| Profit (loss) for the period to be appropriated | 9905 | -€87,308 | €23,726 | +€111,034 |
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 8 October 2026 via checked.be.