GROUP REMOTEC: 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.
GROUP REMOTEC
Largest movements
- Receivables within one year -€790,030
down €790,030 (-64.0%), from €1.2m to €443,955
of which Trade receivables: -€837,458
- Tangible fixed assets +€161,350
up €161,350 (+712.7%), from €22,640 to €183,990
of which Other tangible fixed assets: +€183,990
- Cash +€48,937
up €48,937 (+442.9%), from €11,048 to €59,986
mainly Receivables within one year (+€790,030) and Trade debts (+€254,565)
- Other debts -€807,695
down €807,695 (-76.4%), from €1.1m to €249,576
- Trade debts +€254,565
up €254,565 (+110.3%), from €230,831 to €485,396
- Tax, wage and social debts -€175,248
down €175,248 (-86.3%), from €203,079 to €27,832
of which Taxes: -€143,762
- Debts after one year +€107,370
up €107,370 (+15.0%), from €716,560 to €823,930
of which Financial debts: +€160,071
- Contributions +€60,000
up €60,000 (+2.4%), from €2.5m to €2.6m
- Services and other goods +€383,584
up €383,584 (+38.7%), from €991,653 to €1.4m
- Turnover +€326,088
up €326,088 (+25.1%), from €1.3m to €1.6m
- Staff costs -€143,353
down €143,353 (-47.4%), from €302,708 to €159,355
- Depreciation +€46,646
up €46,646 (+693.9%), from €6,722 to €53,368
- Financial charges +€33,779
up €33,779 (+75.7%), from €44,634 to €78,412
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 | €4,777,653 | €4,195,792 | -€581,862 | -12.2% |
| Fixed assets | 21/28 | €3,529,896 | €3,686,443 | +€156,547 | +4.4% |
| Intangible fixed assets | 21 | €112,256 | €107,453 | -€4,803 | -4.3% |
| Tangible fixed assets | 22/27 | €22,640 | €183,990 | +€161,350 | +712.7% |
| Other tangible fixed assets | 26 | - | €183,990 | +€183,990 | |
| Assets under construction and advance payments | 27 | €22,640 | €0 | -€22,640 | -100.0% |
| Financial fixed assets | 28 | €3,395,000 | €3,395,000 | = | 0.0% |
| Affiliated companies | 280/1 | €3,395,000 | €3,395,000 | = | 0.0% |
| Participating interests | 280 | €3,395,000 | €3,395,000 | = | 0.0% |
| Current assets | 29/58 | €1,247,757 | €509,348 | -€738,408 | -59.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,233,985 | €443,955 | -€790,030 | -64.0% |
| Trade receivables | 40 | €1,139,817 | €302,359 | -€837,458 | -73.5% |
| Other amounts receivable | 41 | €94,168 | €141,596 | +€47,428 | +50.4% |
| Cash at bank and in hand | 54/58 | €11,048 | €59,986 | +€48,937 | +442.9% |
| Deferred charges and accrued income | 490/1 | €2,724 | €5,408 | +€2,684 | +98.5% |
| Total equity and liabilities | 10/49 | €4,777,653 | €4,195,792 | -€581,862 | -12.2% |
| Equity | 10/15 | €2,489,788 | €2,498,640 | +€8,852 | +0.4% |
| Contributions | 10/11 | €2,493,524 | €2,553,524 | +€60,000 | +2.4% |
| Capital | 10 | €2,493,524 | €2,553,524 | +€60,000 | +2.4% |
| Issued capital | 100 | €2,643,524 | €2,643,524 | = | 0.0% |
| Uncalled capital | 101 | €150,000 | €90,000 | -€60,000 | -40.0% |
| Reserves | 13 | €1,263 | €1,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,263 | €1,263 | = | 0.0% |
| Legal reserve | 130 | €1,263 | €1,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,999 | -€56,147 | -€51,148 | -1023.2% |
| Amounts payable | 17/49 | €2,287,865 | €1,697,152 | -€590,714 | -25.8% |
| Amounts payable after more than one year | 17 | €716,560 | €823,930 | +€107,370 | +15.0% |
| Financial debts | 170/4 | €510,000 | €670,071 | +€160,071 | +31.4% |
| Other loans | 174 | €510,000 | €670,071 | +€160,071 | +31.4% |
| Other amounts payable | 178/9 | €206,560 | €153,859 | -€52,701 | -25.5% |
| Amounts payable within one year | 42/48 | €1,541,821 | €815,505 | -€726,316 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €50,639 | €52,701 | +€2,062 | +4.1% |
| Trade debts | 44 | €230,831 | €485,396 | +€254,565 | +110.3% |
| Suppliers | 440/4 | €230,831 | €485,396 | +€254,565 | +110.3% |
| Taxes, remuneration and social security | 45 | €203,079 | €27,832 | -€175,248 | -86.3% |
| Taxes | 450/3 | €151,095 | €7,333 | -€143,762 | -95.1% |
| Remuneration and social security | 454/9 | €51,985 | €20,499 | -€31,486 | -60.6% |
| Other amounts payable | 47/48 | €1,057,271 | €249,576 | -€807,695 | -76.4% |
| Accrued charges and deferred income | 492/3 | €29,484 | €57,717 | +€28,233 | +95.8% |
| Operating income | 70/76A | €1,317,846 | €1,639,773 | +€321,927 | +24.4% |
| Turnover | 70 | €1,297,942 | €1,624,030 | +€326,088 | +25.1% |
| Other operating income | 74 | €19,904 | €15,743 | -€4,161 | -20.9% |
| Operating charges | 60/66A | €1,302,240 | €1,616,299 | +€314,059 | +24.1% |
| Services and other goods | 61 | €991,653 | €1,375,237 | +€383,584 | +38.7% |
| Remuneration, social security and pensions | 62 | €302,708 | €159,355 | -€143,353 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,722 | €53,368 | +€46,646 | +693.9% |
| Other operating charges | 640/8 | €1,157 | €1,248 | +€91 | +7.9% |
| Non-recurring operating charges | 66A | - | €27,091 | +€27,091 | |
| Operating profit (loss) | 9901 | €15,606 | €23,474 | +€7,868 | +50.4% |
| Financial income | 75/76B | €1,151 | €4,290 | +€3,139 | +272.7% |
| Recurring financial income | 75 | €1,151 | €4,290 | +€3,139 | +272.7% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €1,151 | €4,287 | +€3,137 | +272.6% |
| Other financial income | 752/9 | €0 | €3 | +€3 | +639.0% |
| Financial charges | 65/66B | €44,634 | €78,412 | +€33,779 | +75.7% |
| Recurring financial charges | 65 | €44,634 | €78,412 | +€33,779 | +75.7% |
| Debt charges | 650 | €44,333 | €78,330 | +€33,997 | +76.7% |
| Other financial charges | 652/9 | €301 | €83 | -€218 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,876 | -€50,648 | -€22,771 | -81.7% |
| Income taxes | 67/77 | €1,112 | €500 | -€612 | -55.0% |
| Taxes | 670/3 | €1,115 | €500 | -€615 | -55.1% |
| Tax adjustments and reversals of tax provisions | 77 | €3 | €0 | -€3 | -100.0% |
| Profit (loss) for the period | 9904 | -€28,988 | -€51,148 | -€22,160 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,988 | -€51,148 | -€22,160 | -76.4% |
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 7 October 2026 via checked.be.