A-REMO: 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.
A-REMO
Largest movements
- Tangible fixed assets -€25,603
down €25,603 (-62.7%), from €40,813 to €15,211
of which Furniture and vehicles: -€24,842
- Receivables within one year +€14,452
up €14,452 (+1169.7%), from €1,236 to €15,688
of which Trade receivables: +€15,388
- Cash +€4,810
new in 2025: €4,810
mainly Investment in fixed assets (net) (+€21,867) and Debts after one year (+€4,139)
- Profit (loss) carried forward -€7,969
down €7,969, from €3,783 to -€4,186
- Debts after one year +€4,139
up €4,139 (+19.4%), from €21,372 to €25,511
of which Other amounts payable: +€10,705
- Tax, wage and social debts -€3,500
down €3,500 (-45.9%), from €7,630 to €4,130
of which Taxes: -€5,006
- Trade debts +€2,282
up €2,282 (+72.5%), from €3,147 to €5,429
- Other debts -€560
no longer reported in 2025 (was €560)
- Other operating charges +€14,987
up €14,987 (+891.8%), from €1,681 to €16,668
- Depreciation -€5,148
down €5,148 (-57.5%), from €8,954 to €3,806
- Staff costs +€1,810
up €1,810 (+493.9%), from €366 to €2,176
- Gross operating margin -€1,724
down €1,724 (-9.0%), from €19,144 to €17,420
- Taxes -€1,397
down €1,397 (-98.1%), from €1,424 to €26
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 | €44,100 | €38,450 | -€5,649 | -12.8% |
| Fixed assets | 21/28 | €41,095 | €15,422 | -€25,673 | -62.5% |
| Intangible fixed assets | 21 | €282 | €212 | -€70 | -24.9% |
| Tangible fixed assets | 22/27 | €40,813 | €15,211 | -€25,603 | -62.7% |
| Plant, machinery and equipment | 23 | €3,635 | €2,874 | -€761 | -20.9% |
| Furniture and vehicles | 24 | €37,178 | €12,337 | -€24,842 | -66.8% |
| Current assets | 29/58 | €3,005 | €23,028 | +€20,023 | +666.4% |
| Stocks and contracts in progress | 3 | €1,073 | €1,431 | +€358 | +33.3% |
| Stocks | 30/36 | €1,073 | €1,431 | +€358 | +33.3% |
| Amounts receivable within one year | 40/41 | €1,236 | €15,688 | +€14,452 | +1169.7% |
| Trade receivables | 40 | - | €15,388 | +€15,388 | |
| Other amounts receivable | 41 | €1,236 | €300 | -€936 | -75.7% |
| Cash at bank and in hand | 54/58 | - | €4,810 | +€4,810 | |
| Deferred charges and accrued income | 490/1 | €696 | €1,099 | +€403 | +57.9% |
| Total equity and liabilities | 10/49 | €44,100 | €38,450 | -€5,649 | -12.8% |
| Equity | 10/15 | €4,783 | -€3,186 | -€7,969 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,783 | -€4,186 | -€7,969 | |
| Amounts payable | 17/49 | €39,316 | €41,636 | +€2,320 | +5.9% |
| Amounts payable after more than one year | 17 | €21,372 | €25,511 | +€4,139 | +19.4% |
| Financial debts | 170/4 | €21,372 | €14,806 | -€6,566 | -30.7% |
| Other amounts payable | 178/9 | - | €10,705 | +€10,705 | |
| Amounts payable within one year | 42/48 | €17,945 | €16,125 | -€1,820 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €6,239 | €6,566 | +€327 | +5.2% |
| Financial debts | 43 | €369 | - | -€369 | |
| Credit institutions | 430/8 | €369 | - | -€369 | |
| Trade debts | 44 | €3,147 | €5,429 | +€2,282 | +72.5% |
| Suppliers | 440/4 | €3,147 | €5,429 | +€2,282 | +72.5% |
| Taxes, remuneration and social security | 45 | €7,630 | €4,130 | -€3,500 | -45.9% |
| Taxes | 450/3 | €7,304 | €2,297 | -€5,006 | -68.5% |
| Remuneration and social security | 454/9 | €326 | €1,833 | +€1,507 | +461.8% |
| Other amounts payable | 47/48 | €560 | - | -€560 | |
| Remuneration, social security and pensions | 62 | €366 | €2,176 | +€1,810 | +493.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,954 | €3,806 | -€5,148 | -57.5% |
| Other operating charges | 640/8 | €1,681 | €16,668 | +€14,987 | +891.8% |
| Non-recurring operating charges | 66A | - | €656 | +€656 | |
| Gross operating margin | 9900 | €19,144 | €17,420 | -€1,724 | -9.0% |
| Operating profit (loss) | 9901 | €8,143 | -€5,886 | -€14,029 | |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.5% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.5% |
| Financial charges | 65/66B | €2,162 | €2,057 | -€105 | -4.9% |
| Recurring financial charges | 65 | €2,162 | €2,057 | -€105 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,007 | -€7,943 | -€13,950 | |
| Income taxes | 67/77 | €1,424 | €26 | -€1,397 | -98.1% |
| Profit (loss) for the period | 9904 | €4,583 | -€7,969 | -€12,552 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,583 | -€7,969 | -€12,552 |
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 5 October 2026 via checked.be.