V. REYNDERS: 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.
V. REYNDERS
Largest movements
- Tangible fixed assets -€18,626
down €18,626 (-8.5%), from €218,852 to €200,226
of which Land and buildings: -€18,500
- Profit (loss) carried forward -€20,268
down €20,268 (-15.7%), from -€129,156 to -€149,424
- Depreciation -€10,658
down €10,658 (-36.4%), from €29,284 to €18,626
- Gross operating margin +€2,628
up €2,628 (+176%), from €1,493 to €4,121
- Financial income +€1,166
up €1,166 (+5,831,850%), from €0 to €1,166
- Other operating charges +€703
up €703 (+12.0%), from €5,871 to €6,575
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.
Derived cash bridge
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 | €826,683 | €807,080 | -€19,603 | -2.4% |
| Fixed assets | 21/28 | €219,852 | €201,226 | -€18,626 | -8.5% |
| Tangible fixed assets | 22/27 | €218,852 | €200,226 | -€18,626 | -8.5% |
| Land and buildings | 22 | €218,726 | €200,226 | -€18,500 | -8.5% |
| Furniture and vehicles | 24 | €126 | - | -€126 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €606,830 | €605,853 | -€977 | -0.2% |
| Amounts receivable within one year | 40/41 | €3,367 | €3,790 | +€423 | +12.6% |
| Other amounts receivable | 41 | €3,367 | €3,790 | +€423 | +12.6% |
| Current investments | 50/53 | €535,889 | €535,889 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,004 | €63,028 | -€976 | -1.5% |
| Deferred charges and accrued income | 490/1 | €3,570 | €3,146 | -€424 | -11.9% |
| Total equity and liabilities | 10/49 | €826,683 | €807,080 | -€19,603 | -2.4% |
| Equity | 10/15 | €809,573 | €789,305 | -€20,268 | -2.5% |
| Contributions | 10/11 | €570,105 | €570,105 | = | 0.0% |
| Reserves | 13 | €368,624 | €368,624 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61,448 | €61,448 | = | 0.0% |
| Reserves not available under the articles | 1311 | €61,448 | €61,448 | = | 0.0% |
| Distributable reserves | 133 | €307,175 | €307,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,156 | -€149,424 | -€20,268 | -15.7% |
| Amounts payable | 17/49 | €17,110 | €17,775 | +€664 | +3.9% |
| Amounts payable within one year | 42/48 | €17,110 | €17,775 | +€664 | +3.9% |
| Taxes, remuneration and social security | 45 | €321 | - | -€321 | |
| Taxes | 450/3 | €321 | - | -€321 | |
| Other amounts payable | 47/48 | €16,789 | €17,775 | +€986 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,284 | €18,626 | -€10,658 | -36.4% |
| Other operating charges | 640/8 | €5,871 | €6,575 | +€703 | +12.0% |
| Gross operating margin | 9900 | €1,493 | €4,121 | +€2,628 | +176% |
| Operating profit (loss) | 9901 | -€33,662 | -€21,079 | +€12,582 | +37.4% |
| Financial income | 75/76B | €0 | €1,166 | +€1,166 | +5,831,850% |
| Recurring financial income | 75 | €0 | €1,166 | +€1,166 | +5,831,850% |
| Financial charges | 65/66B | €68 | €58 | -€10 | -14.6% |
| Recurring financial charges | 65 | €68 | €58 | -€10 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,730 | -€19,971 | +€13,759 | +40.8% |
| Income taxes | 67/77 | €321 | €296 | -€25 | -7.8% |
| Profit (loss) for the period | 9904 | -€34,051 | -€20,268 | +€13,784 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,051 | -€20,268 | +€13,784 | +40.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.