Reynassur: 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.
Reynassur
Largest movements
- Cash -€1.7m
down €1.7m (-99.4%), from €1.7m to €10,455
mainly Investment in fixed assets (net) (-€1.6m) and Trade debts (-€239,863)
- Tangible fixed assets +€1.5m
up €1.5m (+45.7%), from €3.3m to €4.8m
of which Land and buildings: +€1.4m
- Trade debts -€239,863
down €239,863 (-81.7%), from €293,474 to €53,612
- Debts after one year -€161,942
down €161,942 (-7.7%), from €2.1m to €1.9m
- Reserves +€123,830
up €123,830 (+7.5%), from €1.6m to €1.8m
of which Distributable reserves: +€153,300
- Other debts +€63,316
up €63,316 (+7.8%), from €807,301 to €870,616
- Other operating charges +€60,926
up €60,926 (+21.6%), from €282,257 to €343,183
- Taxes -€50,488
down €50,488 (-57.1%), from €88,497 to €38,010
- Staff costs +€28,583
up €28,583 (+12.4%), from €230,006 to €258,589
- Gross operating margin +€20,079
up €20,079 (+2.1%), from €971,311 to €991,390
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 | €5,165,094 | €4,953,078 | -€212,016 | -4.1% |
| Fixed assets | 21/28 | €3,297,130 | €4,782,013 | +€1.5m | +45.0% |
| Intangible fixed assets | 21 | €29,449 | €21,032 | -€8,417 | -28.6% |
| Tangible fixed assets | 22/27 | €3,267,681 | €4,760,982 | +€1.5m | +45.7% |
| Land and buildings | 22 | €3,214,703 | €4,625,120 | +€1.4m | +43.9% |
| Plant, machinery and equipment | 23 | €50,352 | €45,273 | -€5,078 | -10.1% |
| Furniture and vehicles | 24 | €2,627 | €90,588 | +€87,961 | +3348.3% |
| Current assets | 29/58 | €1,867,963 | €171,064 | -€1.7m | -90.8% |
| Amounts receivable within one year | 40/41 | €55,995 | €64,485 | +€8,489 | +15.2% |
| Trade receivables | 40 | €22,495 | €3,401 | -€19,094 | -84.9% |
| Other amounts receivable | 41 | €33,500 | €61,083 | +€27,583 | +82.3% |
| Cash at bank and in hand | 54/58 | €1,733,956 | €10,455 | -€1.7m | -99.4% |
| Deferred charges and accrued income | 490/1 | €78,012 | €96,124 | +€18,113 | +23.2% |
| Total equity and liabilities | 10/49 | €5,165,094 | €4,953,078 | -€212,016 | -4.1% |
| Equity | 10/15 | €1,645,198 | €1,769,090 | +€123,892 | +7.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,643,157 | €1,766,987 | +€123,830 | +7.5% |
| Tax-exempt reserves | 132 | €198,057 | €168,587 | -€29,470 | -14.9% |
| Distributable reserves | 133 | €1,445,100 | €1,598,400 | +€153,300 | +10.6% |
| Profit (loss) carried forward | 14 | €1,040 | €1,103 | +€62 | +6.0% |
| Amounts payable | 17/49 | €3,519,896 | €3,183,988 | -€335,909 | -9.5% |
| Amounts payable after more than one year | 17 | €2,090,476 | €1,928,534 | -€161,942 | -7.7% |
| Financial debts | 170/4 | €2,090,476 | €1,928,534 | -€161,942 | -7.7% |
| Amounts payable within one year | 42/48 | €1,326,837 | €1,195,124 | -€131,713 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €158,747 | €161,942 | +€3,195 | +2.0% |
| Trade debts | 44 | €293,474 | €53,612 | -€239,863 | -81.7% |
| Suppliers | 440/4 | €293,474 | €53,612 | -€239,863 | -81.7% |
| Advances received on contracts in progress | 46 | - | €46,485 | +€46,485 | |
| Taxes, remuneration and social security | 45 | €67,315 | €62,469 | -€4,846 | -7.2% |
| Taxes | 450/3 | €43,503 | €23,783 | -€19,720 | -45.3% |
| Remuneration and social security | 454/9 | €23,812 | €38,686 | +€14,874 | +62.5% |
| Other amounts payable | 47/48 | €807,301 | €870,616 | +€63,316 | +7.8% |
| Accrued charges and deferred income | 492/3 | €102,584 | €60,330 | -€42,253 | -41.2% |
| Remuneration, social security and pensions | 62 | €230,006 | €258,589 | +€28,583 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,395 | €142,537 | -€8,858 | -5.9% |
| Other operating charges | 640/8 | €282,257 | €343,183 | +€60,926 | +21.6% |
| Gross operating margin | 9900 | €971,311 | €991,390 | +€20,079 | +2.1% |
| Operating profit (loss) | 9901 | €307,654 | €247,082 | -€60,572 | -19.7% |
| Financial income | 75/76B | €25,850 | €30,963 | +€5,113 | +19.8% |
| Recurring financial income | 75 | €25,850 | €30,963 | +€5,113 | +19.8% |
| Financial charges | 65/66B | €97,847 | €104,893 | +€7,046 | +7.2% |
| Recurring financial charges | 65 | €97,847 | €104,893 | +€7,046 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €235,657 | €173,152 | -€62,505 | -26.5% |
| Income taxes | 67/77 | €88,497 | €38,010 | -€50,488 | -57.1% |
| Profit (loss) for the period | 9904 | €147,159 | €135,142 | -€12,017 | -8.2% |
| Transfer from tax-exempt reserves | 789 | €268,700 | €29,470 | -€239,230 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €415,859 | €164,612 | -€251,247 | -60.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.