REYTER PASCAL: 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.
REYTER PASCAL
Largest movements
- Receivables within one year +€65,535
up €65,535 (+134.1%), from €48,880 to €114,415
of which Trade receivables: +€66,161
- Stocks and contracts -€18,592
down €18,592 (-44.5%), from €41,776 to €23,184
- Tangible fixed assets -€8,468
down €8,468 (-10.8%), from €78,362 to €69,894
of which Leasing and similar rights: -€11,771
- Deferred charges and accrued income -€7,769
down €7,769 (-85.9%), from €9,041 to €1,272
- Profit (loss) carried forward +€15,713
up €15,713 (+40.1%), from €39,169 to €54,882
- Short-term financial debts +€13,527
up €13,527 (+222.4%), from €6,082 to €19,609
- Trade debts -€5,916
down €5,916 (-11.7%), from €50,366 to €44,450
- Other debts +€5,738
up €5,738 (+673.5%), from €852 to €6,590
- Debts after one year +€2,145
up €2,145 (+8.0%), from €26,934 to €29,079
- Gross operating margin +€30,930
up €30,930 (+18.9%), from €163,953 to €194,883
- Staff costs -€4,131
down €4,131 (-2.8%), from €145,992 to €141,861
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,826 | €212,735 | +€31,909 | +17.6% |
| Fixed assets | 21/28 | €80,208 | €71,740 | -€8,468 | -10.6% |
| Tangible fixed assets | 22/27 | €78,362 | €69,894 | -€8,468 | -10.8% |
| Plant, machinery and equipment | 23 | €14,999 | €7,581 | -€7,418 | -49.5% |
| Furniture and vehicles | 24 | €27,921 | €38,642 | +€10,721 | +38.4% |
| Leasing and similar rights | 25 | €35,442 | €23,671 | -€11,771 | -33.2% |
| Financial fixed assets | 28 | €1,846 | €1,846 | = | 0.0% |
| Current assets | 29/58 | €100,618 | €140,995 | +€40,377 | +40.1% |
| Stocks and contracts in progress | 3 | €41,776 | €23,184 | -€18,592 | -44.5% |
| Stocks | 30/36 | €41,776 | €23,184 | -€18,592 | -44.5% |
| Amounts receivable within one year | 40/41 | €48,880 | €114,415 | +€65,535 | +134.1% |
| Trade receivables | 40 | €34,430 | €100,591 | +€66,161 | +192.2% |
| Other amounts receivable | 41 | €14,450 | €13,824 | -€626 | -4.3% |
| Cash at bank and in hand | 54/58 | €921 | €2,124 | +€1,203 | +130.6% |
| Deferred charges and accrued income | 490/1 | €9,041 | €1,272 | -€7,769 | -85.9% |
| Total equity and liabilities | 10/49 | €180,826 | €212,735 | +€31,909 | +17.6% |
| Equity | 10/15 | €64,678 | €80,391 | +€15,713 | +24.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,509 | €5,509 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €3,509 | €5,509 | +€2,000 | +57.0% |
| Profit (loss) carried forward | 14 | €39,169 | €54,882 | +€15,713 | +40.1% |
| Amounts payable | 17/49 | €116,148 | €132,344 | +€16,196 | +13.9% |
| Amounts payable after more than one year | 17 | €26,934 | €29,079 | +€2,145 | +8.0% |
| Financial debts | 170/4 | €26,934 | €29,079 | +€2,145 | +8.0% |
| Amounts payable within one year | 42/48 | €89,214 | €103,265 | +€14,051 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €16,409 | €18,208 | +€1,799 | +11.0% |
| Financial debts | 43 | €6,082 | €19,609 | +€13,527 | +222.4% |
| Credit institutions | 430/8 | €6,082 | €19,609 | +€13,527 | +222.4% |
| Trade debts | 44 | €50,366 | €44,450 | -€5,916 | -11.7% |
| Suppliers | 440/4 | €50,366 | €44,450 | -€5,916 | -11.7% |
| Advances received on contracts in progress | 46 | €2,065 | - | -€2,065 | |
| Taxes, remuneration and social security | 45 | €13,440 | €14,408 | +€968 | +7.2% |
| Taxes | 450/3 | €1,251 | €2,256 | +€1,005 | +80.3% |
| Remuneration and social security | 454/9 | €12,189 | €12,152 | -€37 | -0.3% |
| Other amounts payable | 47/48 | €852 | €6,590 | +€5,738 | +673.5% |
| Remuneration, social security and pensions | 62 | €145,992 | €141,861 | -€4,131 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,738 | €30,468 | +€1,730 | +6.0% |
| Other operating charges | 640/8 | €2,184 | €2,055 | -€129 | -5.9% |
| Non-recurring operating charges | 66A | €1,820 | €128 | -€1,692 | -93.0% |
| Gross operating margin | 9900 | €163,953 | €194,883 | +€30,930 | +18.9% |
| Operating profit (loss) | 9901 | -€14,781 | €20,371 | +€35,152 | |
| Financial income | 75/76B | €545 | €869 | +€324 | +59.4% |
| Recurring financial income | 75 | €545 | €869 | +€324 | +59.4% |
| Financial charges | 65/66B | €5,161 | €5,021 | -€140 | -2.7% |
| Recurring financial charges | 65 | €5,161 | €5,021 | -€140 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,397 | €16,219 | +€35,616 | |
| Income taxes | 67/77 | - | €506 | +€506 | |
| Profit (loss) for the period | 9904 | -€19,397 | €15,713 | +€35,110 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,397 | €15,713 | +€35,110 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.