REYNS: 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.
REYNS
Largest movements
- Tangible fixed assets -€21,709
down €21,709 (-31.4%), from €69,207 to €47,499
of which Leasing and similar rights: -€12,509
- Cash -€9,336
down €9,336 (-9.6%), from €97,687 to €88,351
mainly Debts after one year (-€24,132) and Net result for the year (-€4,920)
- Receivables within one year +€3,780
up €3,780 (+40.1%), from €9,429 to €13,209
of which Other amounts receivable: +€7,799
- Debts after one year -€24,132
down €24,132 (-36.1%), from €66,871 to €42,738
- Profit (loss) carried forward -€3,060
down €3,060 (-55.0%), from -€5,567 to -€8,627
- Reserves -€1,860
down €1,860 (-2.5%), from €73,692 to €71,832
- Gross operating margin -€42,195
down €42,195 (-64.5%), from €65,455 to €23,260
- Other operating charges -€37,016
down €37,016 (-95.2%), from €38,891 to €1,875
- Taxes -€10,378
no longer reported in 2025 (was €10,378)
- Depreciation +€4,591
up €4,591 (+26.8%), from €17,118 to €21,709
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 | €177,036 | €149,837 | -€27,199 | -15.4% |
| Fixed assets | 21/28 | €69,413 | €47,705 | -€21,709 | -31.3% |
| Tangible fixed assets | 22/27 | €69,207 | €47,499 | -€21,709 | -31.4% |
| Land and buildings | 22 | €29,900 | €20,700 | -€9,200 | -30.8% |
| Leasing and similar rights | 25 | €39,307 | €26,799 | -€12,509 | -31.8% |
| Financial fixed assets | 28 | €206 | €206 | = | 0.0% |
| Current assets | 29/58 | €107,622 | €102,132 | -€5,490 | -5.1% |
| Amounts receivable within one year | 40/41 | €9,429 | €13,209 | +€3,780 | +40.1% |
| Trade receivables | 40 | €6,038 | €2,019 | -€4,019 | -66.6% |
| Other amounts receivable | 41 | €3,391 | €11,191 | +€7,799 | +230.0% |
| Cash at bank and in hand | 54/58 | €97,687 | €88,351 | -€9,336 | -9.6% |
| Deferred charges and accrued income | 490/1 | €507 | €572 | +€65 | +12.9% |
| Total equity and liabilities | 10/49 | €177,036 | €149,837 | -€27,199 | -15.4% |
| Equity | 10/15 | €86,725 | €81,805 | -€4,920 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,692 | €71,832 | -€1,860 | -2.5% |
| Distributable reserves | 133 | €73,692 | €71,832 | -€1,860 | -2.5% |
| Profit (loss) carried forward | 14 | -€5,567 | -€8,627 | -€3,060 | -55.0% |
| Amounts payable | 17/49 | €90,311 | €68,032 | -€22,279 | -24.7% |
| Amounts payable after more than one year | 17 | €66,871 | €42,738 | -€24,132 | -36.1% |
| Financial debts | 170/4 | €66,871 | €42,738 | -€24,132 | -36.1% |
| Amounts payable within one year | 42/48 | €23,440 | €24,559 | +€1,119 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €22,998 | €24,188 | +€1,190 | +5.2% |
| Trade debts | 44 | €418 | €319 | -€99 | -23.7% |
| Suppliers | 440/4 | €418 | €319 | -€99 | -23.7% |
| Taxes, remuneration and social security | 45 | €24 | €52 | +€28 | +114.0% |
| Taxes | 450/3 | €24 | €52 | +€28 | +114.0% |
| Accrued charges and deferred income | 492/3 | - | €735 | +€735 | |
| Non-recurring operating income | 76A | €23,452 | - | -€23,452 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,118 | €21,709 | +€4,591 | +26.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€420 | - | +€420 | |
| Other operating charges | 640/8 | €38,891 | €1,875 | -€37,016 | -95.2% |
| Gross operating margin | 9900 | €65,455 | €23,260 | -€42,195 | -64.5% |
| Operating profit (loss) | 9901 | €9,866 | -€324 | -€10,190 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,055 | €4,596 | -€459 | -9.1% |
| Recurring financial charges | 65 | €5,055 | €4,596 | -€459 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €4,811 | -€4,920 | -€9,731 | |
| Income taxes | 67/77 | €10,378 | - | -€10,378 | |
| Profit (loss) for the period | 9904 | -€5,567 | -€4,920 | +€647 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,567 | -€4,920 | +€647 | +11.6% |
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 9 October 2026 via checked.be.