REYTEC: 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.
REYTEC
Largest movements
- Cash +€79,324
up €79,324 (+49.8%), from €159,372 to €238,696
mainly Stocks and contracts (+€51,003) and Net result for the year (+€43,238)
- Tangible fixed assets +€59,002
up €59,002 (+173.8%), from €33,957 to €92,959
of which Furniture and vehicles: +€59,920
- Stocks and contracts -€51,003
down €51,003 (-10.1%), from €503,504 to €452,501
- Receivables within one year +€24,131
up €24,131 (+577.1%), from €4,182 to €28,313
of which Trade receivables: +€23,842
- Reserves +€43,238
up €43,238 (+34.9%), from €123,947 to €167,185
of which Non-distributable reserves: +€43,238
- Debts after one year +€43,235
up €43,235 (+542.4%), from €7,971 to €51,206
- Profit (loss) carried forward +€12,639
up €12,639 (+14.7%), from €85,848 to €98,487
- Current portion of long-term debt +€9,072
up €9,072 (+67.0%), from €13,542 to €22,614
- Gross operating margin +€57,856
up €57,856 (+76.3%), from €75,834 to €133,689
- Depreciation +€24,569
up €24,569 (+194.4%), from €12,639 to €37,208
- Taxes +€16,547
up €16,547 (+107.3%), from €15,417 to €31,964
- Staff costs +€5,604
new in 2025: €5,604
- Other operating charges -€3,062
down €3,062 (-60.1%), from €5,091 to €2,029
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 | €701,015 | €812,469 | +€111,453 | +15.9% |
| Fixed assets | 21/28 | €33,957 | €92,959 | +€59,002 | +173.8% |
| Tangible fixed assets | 22/27 | €33,957 | €92,959 | +€59,002 | +173.8% |
| Plant, machinery and equipment | 23 | €3,375 | €2,457 | -€918 | -27.2% |
| Furniture and vehicles | 24 | €30,582 | €90,502 | +€59,920 | +195.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €667,058 | €719,509 | +€52,452 | +7.9% |
| Stocks and contracts in progress | 3 | €503,504 | €452,501 | -€51,003 | -10.1% |
| Stocks | 30/36 | €503,504 | €452,501 | -€51,003 | -10.1% |
| Amounts receivable within one year | 40/41 | €4,182 | €28,313 | +€24,131 | +577.1% |
| Trade receivables | 40 | €4,182 | €28,023 | +€23,842 | +570.1% |
| Other amounts receivable | 41 | - | €289 | +€289 | |
| Cash at bank and in hand | 54/58 | €159,372 | €238,696 | +€79,324 | +49.8% |
| Total equity and liabilities | 10/49 | €701,015 | €812,469 | +€111,453 | +15.9% |
| Equity | 10/15 | €274,795 | €330,672 | +€55,877 | +20.3% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €123,947 | €167,185 | +€43,238 | +34.9% |
| Non-distributable reserves | 130/1 | €6,500 | €49,738 | +€43,238 | +665.2% |
| Legal reserve | 130 | €6,500 | €49,738 | +€43,238 | +665.2% |
| Tax-exempt reserves | 132 | €135 | €135 | = | 0.0% |
| Distributable reserves | 133 | €117,312 | €117,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,848 | €98,487 | +€12,639 | +14.7% |
| Amounts payable | 17/49 | €426,220 | €481,796 | +€55,576 | +13.0% |
| Amounts payable after more than one year | 17 | €7,971 | €51,206 | +€43,235 | +542.4% |
| Financial debts | 170/4 | €7,971 | €51,206 | +€43,235 | +542.4% |
| Amounts payable within one year | 42/48 | €411,008 | €423,349 | +€12,342 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €13,542 | €22,614 | +€9,072 | +67.0% |
| Financial debts | 43 | €6,667 | €10,000 | +€3,333 | +50.0% |
| Credit institutions | 430/8 | €6,667 | €10,000 | +€3,333 | +50.0% |
| Trade debts | 44 | €286,752 | €289,945 | +€3,193 | +1.1% |
| Suppliers | 440/4 | €286,752 | €289,945 | +€3,193 | +1.1% |
| Taxes, remuneration and social security | 45 | €23,786 | €21,658 | -€2,128 | -8.9% |
| Taxes | 450/3 | €21,769 | €21,658 | -€110 | -0.5% |
| Remuneration and social security | 454/9 | €2,017 | €0 | -€2,017 | -100.0% |
| Other amounts payable | 47/48 | €80,260 | €79,131 | -€1,129 | -1.4% |
| Accrued charges and deferred income | 492/3 | €7,242 | €7,242 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €5,604 | +€5,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,639 | €37,208 | +€24,569 | +194.4% |
| Other operating charges | 640/8 | €5,091 | €2,029 | -€3,062 | -60.1% |
| Non-recurring operating charges | 66A | - | €2,987 | +€2,987 | |
| Gross operating margin | 9900 | €75,834 | €133,689 | +€57,856 | +76.3% |
| Operating profit (loss) | 9901 | €58,103 | €85,861 | +€27,757 | +47.8% |
| Financial income | 75/76B | €324 | €197 | -€127 | -39.3% |
| Recurring financial income | 75 | €324 | €197 | -€127 | -39.3% |
| Financial charges | 65/66B | €7,989 | €10,855 | +€2,867 | +35.9% |
| Recurring financial charges | 65 | €7,989 | €10,855 | +€2,867 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €50,439 | €75,202 | +€24,763 | +49.1% |
| Income taxes | 67/77 | €15,417 | €31,964 | +€16,547 | +107.3% |
| Profit (loss) for the period | 9904 | €35,022 | €43,238 | +€8,216 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,022 | €43,238 | +€8,216 | +23.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.