REYNDERS R.: 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.
REYNDERS R.
Largest movements
- Receivables within one year +€23,821
up €23,821 (+6841.4%), from €348 to €24,169
- Cash -€19,597
down €19,597 (-65.8%), from €29,787 to €10,190
mainly Receivables within one year (-€23,821) and Current investments (-€581)
- Tangible fixed assets -€1,552
down €1,552 (-39.6%), from €3,921 to €2,369
of which Plant, machinery and equipment: -€847
- Reserves +€2,845
up €2,845 (+4.5%), from €63,721 to €66,566
of which Distributable reserves: +€2,845
- Gross operating margin -€10,037
down €10,037 (-61.0%), from €16,458 to €6,420
- Taxes -€2,795
down €2,795 (-59.7%), from €4,679 to €1,884
- Depreciation -€811
down €811 (-34.3%), from €2,364 to €1,552
- Financial income +€233
up €233 (+54.2%), from €430 to €664
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 | €89,029 | €92,282 | +€3,253 | +3.7% |
| Fixed assets | 21/28 | €3,921 | €2,369 | -€1,552 | -39.6% |
| Tangible fixed assets | 22/27 | €3,921 | €2,369 | -€1,552 | -39.6% |
| Plant, machinery and equipment | 23 | €3,216 | €2,369 | -€847 | -26.3% |
| Furniture and vehicles | 24 | €705 | €0 | -€705 | -100.0% |
| Current assets | 29/58 | €85,107 | €89,912 | +€4,805 | +5.6% |
| Amounts receivable within one year | 40/41 | €348 | €24,169 | +€23,821 | +6841.4% |
| Other amounts receivable | 41 | €348 | €24,169 | +€23,821 | +6841.4% |
| Current investments | 50/53 | €54,972 | €55,553 | +€581 | +1.1% |
| Cash at bank and in hand | 54/58 | €29,787 | €10,190 | -€19,597 | -65.8% |
| Total equity and liabilities | 10/49 | €89,029 | €92,282 | +€3,253 | +3.7% |
| Equity | 10/15 | €82,321 | €85,166 | +€2,845 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,721 | €66,566 | +€2,845 | +4.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,861 | €64,706 | +€2,845 | +4.6% |
| Amounts payable | 17/49 | €6,707 | €7,115 | +€408 | +6.1% |
| Amounts payable within one year | 42/48 | €6,707 | €7,115 | +€408 | +6.1% |
| Trade debts | 44 | €103 | €133 | +€29 | +28.4% |
| Suppliers | 440/4 | €103 | €133 | +€29 | +28.4% |
| Taxes, remuneration and social security | 45 | €9 | €0 | -€9 | -100.0% |
| Taxes | 450/3 | €9 | €0 | -€9 | -100.0% |
| Other amounts payable | 47/48 | €6,595 | €6,983 | +€388 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,364 | €1,552 | -€811 | -34.3% |
| Other operating charges | 640/8 | €574 | €587 | +€12 | +2.2% |
| Gross operating margin | 9900 | €16,458 | €6,420 | -€10,037 | -61.0% |
| Operating profit (loss) | 9901 | €13,520 | €4,282 | -€9,238 | -68.3% |
| Financial income | 75/76B | €430 | €664 | +€233 | +54.2% |
| Recurring financial income | 75 | €430 | €664 | +€233 | +54.2% |
| Financial charges | 65/66B | €269 | €216 | -€52 | -19.5% |
| Recurring financial charges | 65 | €269 | €216 | -€52 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €13,681 | €4,729 | -€8,952 | -65.4% |
| Income taxes | 67/77 | €4,679 | €1,884 | -€2,795 | -59.7% |
| Profit (loss) for the period | 9904 | €9,003 | €2,845 | -€6,158 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,003 | €2,845 | -€6,158 | -68.4% |
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 11 October 2026 via checked.be.