BART REWEGHS: 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.
BART REWEGHS
Largest movements
- Receivables within one year +€213,294
up €213,294 (+555%), from €38,401 to €251,695
of which Other amounts receivable: +€213,407
- Cash -€144,158
no longer reported in 2025 (was €144,158)
mainly Investment in fixed assets (net) (-€220,698) and Receivables within one year (-€213,294)
- Tangible fixed assets +€143,747
up €143,747 (+95.4%), from €150,727 to €294,474
of which Land and buildings: +€209,121
- Debts after one year +€192,363
new in 2025: €192,363
- Trade debts -€21,622
down €21,622 (-89.6%), from €24,122 to €2,500
- Accrued charges and deferred income +€16,859
up €16,859 (+2,810%), from €600 to €17,459
- Current portion of long-term debt +€14,515
up €14,515 (+1,024%), from €1,418 to €15,933
- Depreciation +€32,921
up €32,921 (+74.8%), from €44,029 to €76,951
- Taxes -€11,240
down €11,240 (-64.9%), from €17,324 to €6,084
- Financial charges +€5,649
up €5,649 (+17.8%), from €31,670 to €37,318
- Financial income +€5,121
up €5,121 (+17,752%), from €29 to €5,150
- Gross operating margin -€4,773
down €4,773 (-3.8%), from €123,987 to €119,214
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.
Derived cash bridge
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 | €622,397 | €835,280 | +€212,883 | +34.2% |
| Fixed assets | 21/28 | €150,727 | €294,474 | +€143,747 | +95.4% |
| Tangible fixed assets | 22/27 | €150,727 | €294,474 | +€143,747 | +95.4% |
| Land and buildings | 22 | - | €209,121 | +€209,121 | |
| Furniture and vehicles | 24 | €121,667 | €78,233 | -€43,435 | -35.7% |
| Other tangible fixed assets | 26 | €8,559 | €7,120 | -€1,440 | -16.8% |
| Assets under construction and advance payments | 27 | €20,500 | - | -€20,500 | |
| Current assets | 29/58 | €471,670 | €540,806 | +€69,136 | +14.7% |
| Amounts receivable after more than one year | 29 | €289,110 | €289,110 | = | 0.0% |
| Other amounts receivable | 291 | €289,110 | €289,110 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,401 | €251,695 | +€213,294 | +555% |
| Trade receivables | 40 | €20,677 | €20,564 | -€114 | -0.5% |
| Other amounts receivable | 41 | €17,724 | €231,131 | +€213,407 | +1,204% |
| Cash at bank and in hand | 54/58 | €144,158 | - | -€144,158 | |
| Total equity and liabilities | 10/49 | €622,397 | €835,280 | +€212,883 | +34.2% |
| Equity | 10/15 | €134,950 | €138,130 | +€3,180 | +2.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €116,121 | €116,121 | = | 0.0% |
| Distributable reserves | 133 | €116,121 | €116,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279 | €3,460 | +€3,180 | +1,138% |
| Provisions and deferred taxes | 16 | €447,025 | €445,391 | -€1,634 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €447,025 | €445,391 | -€1,634 | -0.4% |
| Other liabilities and charges | 164/5 | €447,025 | €445,391 | -€1,634 | -0.4% |
| Amounts payable | 17/49 | €40,421 | €251,758 | +€211,337 | +523% |
| Amounts payable after more than one year | 17 | - | €192,363 | +€192,363 | |
| Financial debts | 170/4 | - | €192,363 | +€192,363 | |
| Amounts payable within one year | 42/48 | €39,821 | €41,936 | +€2,115 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €1,418 | €15,933 | +€14,515 | +1,024% |
| Financial debts | 43 | - | €3,267 | +€3,267 | |
| Credit institutions | 430/8 | - | €3,267 | +€3,267 | |
| Trade debts | 44 | €24,122 | €2,500 | -€21,622 | -89.6% |
| Suppliers | 440/4 | €24,122 | €2,500 | -€21,622 | -89.6% |
| Taxes, remuneration and social security | 45 | €14,281 | €20,236 | +€5,956 | +41.7% |
| Taxes | 450/3 | €14,281 | €20,236 | +€5,956 | +41.7% |
| Accrued charges and deferred income | 492/3 | €600 | €17,459 | +€16,859 | +2,810% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,029 | €76,951 | +€32,921 | +74.8% |
| Other operating charges | 640/8 | €3,899 | €831 | -€3,067 | -78.7% |
| Gross operating margin | 9900 | €123,987 | €119,214 | -€4,773 | -3.8% |
| Operating profit (loss) | 9901 | €76,059 | €41,432 | -€34,627 | -45.5% |
| Financial income | 75/76B | €29 | €5,150 | +€5,121 | +17,752% |
| Recurring financial income | 75 | €29 | €5,150 | +€5,121 | +17,752% |
| Financial charges | 65/66B | €31,670 | €37,318 | +€5,649 | +17.8% |
| Recurring financial charges | 65 | €31,670 | €37,318 | +€5,649 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €44,419 | €9,264 | -€35,155 | -79.1% |
| Income taxes | 67/77 | €17,324 | €6,084 | -€11,240 | -64.9% |
| Profit (loss) for the period | 9904 | €27,095 | €3,180 | -€23,914 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,095 | €3,180 | -€23,914 | -88.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.