REYNIER: 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.
REYNIER
Largest movements
- Cash +€76,434
up €76,434 (+368%), from €20,782 to €97,216
mainly Net result for the year (+€111,202) and Depreciation (+€29,744)
- Tangible fixed assets +€39,062
up €39,062 (+9.4%), from €413,931 to €452,993
of which Land and buildings: +€57,358
- Reserves +€111,202
up €111,202 (+106%), from €104,721 to €215,923
- Debts after one year +€11,704
up €11,704 (+25.8%), from €45,421 to €57,125
- Tax, wage and social debts -€10,589
down €10,589 (-17.7%), from €59,868 to €49,279
of which Taxes: -€10,726
- Gross operating margin +€70,870
up €70,870 (+18.7%), from €378,186 to €449,056
- Staff costs +€41,349
up €41,349 (+19.8%), from €208,355 to €249,704
- Taxes +€5,880
up €5,880 (+14.7%), from €39,964 to €45,844
- Financial income -€5,673
down €5,673 (-81.1%), from €6,992 to €1,319
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,764 | €644,602 | +€119,838 | +22.8% |
| Fixed assets | 21/28 | €413,931 | €452,993 | +€39,062 | +9.4% |
| Tangible fixed assets | 22/27 | €413,931 | €452,993 | +€39,062 | +9.4% |
| Land and buildings | 22 | €360,004 | €417,363 | +€57,358 | +15.9% |
| Plant, machinery and equipment | 23 | €30,090 | €24,445 | -€5,645 | -18.8% |
| Furniture and vehicles | 24 | €23,837 | €11,186 | -€12,651 | -53.1% |
| Current assets | 29/58 | €110,833 | €191,609 | +€80,776 | +72.9% |
| Amounts receivable after more than one year | 29 | €11,240 | €14,379 | +€3,139 | +27.9% |
| Other amounts receivable | 291 | €11,240 | €14,379 | +€3,139 | +27.9% |
| Amounts receivable within one year | 40/41 | €76,632 | €78,721 | +€2,089 | +2.7% |
| Trade receivables | 40 | €5,270 | €7,285 | +€2,015 | +38.2% |
| Other amounts receivable | 41 | €71,363 | €71,436 | +€73 | +0.1% |
| Cash at bank and in hand | 54/58 | €20,782 | €97,216 | +€76,434 | +368% |
| Deferred charges and accrued income | 490/1 | €2,179 | €1,293 | -€886 | -40.7% |
| Total equity and liabilities | 10/49 | €524,764 | €644,602 | +€119,838 | +22.8% |
| Equity | 10/15 | €336,442 | €447,644 | +€111,202 | +33.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €181,721 | €181,721 | = | 0.0% |
| Reserves | 13 | €104,721 | €215,923 | +€111,202 | +106% |
| Distributable reserves | 133 | €104,721 | €215,923 | +€111,202 | +106% |
| Amounts payable | 17/49 | €188,322 | €196,958 | +€8,635 | +4.6% |
| Amounts payable after more than one year | 17 | €45,421 | €57,125 | +€11,704 | +25.8% |
| Financial debts | 170/4 | €45,421 | €57,125 | +€11,704 | +25.8% |
| Amounts payable within one year | 42/48 | €142,902 | €139,833 | -€3,069 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €38,609 | €42,418 | +€3,808 | +9.9% |
| Trade debts | 44 | €44,424 | €48,136 | +€3,712 | +8.4% |
| Suppliers | 440/4 | €44,424 | €48,136 | +€3,712 | +8.4% |
| Taxes, remuneration and social security | 45 | €59,868 | €49,279 | -€10,589 | -17.7% |
| Taxes | 450/3 | €34,958 | €24,233 | -€10,726 | -30.7% |
| Remuneration and social security | 454/9 | €24,910 | €25,047 | +€136 | +0.5% |
| Remuneration, social security and pensions | 62 | €208,355 | €249,704 | +€41,349 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,135 | €29,744 | +€3,609 | +13.8% |
| Other operating charges | 640/8 | €8,388 | €8,588 | +€200 | +2.4% |
| Gross operating margin | 9900 | €378,186 | €449,056 | +€70,870 | +18.7% |
| Operating profit (loss) | 9901 | €135,309 | €161,020 | +€25,712 | +19.0% |
| Financial income | 75/76B | €6,992 | €1,319 | -€5,673 | -81.1% |
| Recurring financial income | 75 | €6,992 | €1,319 | -€5,673 | -81.1% |
| Financial charges | 65/66B | €6,815 | €5,293 | -€1,522 | -22.3% |
| Recurring financial charges | 65 | €6,815 | €5,293 | -€1,522 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €135,485 | €157,046 | +€21,561 | +15.9% |
| Income taxes | 67/77 | €39,964 | €45,844 | +€5,880 | +14.7% |
| Profit (loss) for the period | 9904 | €95,521 | €111,202 | +€15,681 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,521 | €111,202 | +€15,681 | +16.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.