LE REMPART: 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.
LE REMPART
Largest movements
- Receivables within one year -€5.0m
down €5.0m (-100%), from €5.0m to €0
- Receivables after one year -€3.1m
down €3.1m (-100%), from €3.1m to €0
- Deferred charges and accrued income -€625,341
down €625,341 (-100%), from €625,341 to €0
- Profit (loss) carried forward -€11.2m
down €11.2m (-206%), from -€5.5m to -€16.7m
- Short-term financial debts +€2.4m
up €2.4m (+17.8%), from €13.6m to €16.1m
- Financial charges +€9.0m
up €9.0m (+392%), from €2.3m to €11.3m
of which Financial charges: +€8.9m
- Financial income -€597,795
down €597,795 (-95.6%), from €625,341 to €27,546
of which Financial income: -€625,341
- Other operating charges -€1,498
down €1,498 (-59.7%), from €2,511 to €1,013
- Gross operating margin +€629
up €629 (+36.2%), from -€1,739 to -€1,110
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 | €8,800,221 | €116 | -€8.8m | -100.0% |
| Current assets | 29/58 | €8,800,221 | €116 | -€8.8m | -100.0% |
| Amounts receivable after more than one year | 29 | €3,138,582 | €0 | -€3.1m | -100% |
| Other amounts receivable | 291 | €3,138,582 | €0 | -€3.1m | -100% |
| Amounts receivable within one year | 40/41 | €5,036,298 | €0 | -€5.0m | -100% |
| Other amounts receivable | 41 | €5,036,298 | €0 | -€5.0m | -100% |
| Cash at bank and in hand | 54/58 | - | €116 | +€116 | |
| Deferred charges and accrued income | 490/1 | €625,341 | €0 | -€625,341 | -100% |
| Total equity and liabilities | 10/49 | €8,800,221 | €116 | -€8.8m | -100.0% |
| Equity | 10/15 | -€5,387,978 | -€16,635,278 | -€11.2m | -209% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,455,628 | -€16,702,928 | -€11.2m | -206% |
| Provisions and deferred taxes | 16 | - | €10,000 | +€10,000 | |
| Provisions for liabilities and charges | 160/5 | - | €10,000 | +€10,000 | |
| Other liabilities and charges | 164/5 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €14,188,198 | €16,625,394 | +€2.4m | +17.2% |
| Amounts payable within one year | 42/48 | €14,188,198 | €16,624,074 | +€2.4m | +17.2% |
| Financial debts | 43 | €13,630,879 | €16,061,978 | +€2.4m | +17.8% |
| Credit institutions | 430/8 | €13,630,879 | €16,061,978 | +€2.4m | +17.8% |
| Trade debts | 44 | €983 | €1,528 | +€544 | +55.4% |
| Suppliers | 440/4 | €983 | €1,528 | +€544 | +55.4% |
| Other amounts payable | 47/48 | €556,336 | €560,568 | +€4,232 | +0.8% |
| Accrued charges and deferred income | 492/3 | - | €1,320 | +€1,320 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,511 | €1,013 | -€1,498 | -59.7% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | -€1,739 | -€1,110 | +€629 | +36.2% |
| Operating profit (loss) | 9901 | -€4,250 | -€12,123 | -€7,873 | -185% |
| Financial income | 75/76B | €625,341 | €27,546 | -€597,795 | -95.6% |
| Recurring financial income | 75 | €625,341 | €0 | -€625,341 | -100% |
| Non-recurring financial income | 76B | - | €27,546 | +€27,546 | |
| Financial charges | 65/66B | €2,288,616 | €11,262,723 | +€9.0m | +392% |
| Recurring financial charges | 65 | €2,288,616 | €11,235,177 | +€8.9m | +391% |
| Non-recurring financial charges | 66B | €0 | €27,546 | +€27,546 | |
| Profit (loss) for the period before taxes | 9903 | -€1,667,526 | -€11,247,300 | -€9.6m | -574% |
| Profit (loss) for the period | 9904 | -€1,667,526 | -€11,247,300 | -€9.6m | -574% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,667,526 | -€11,247,300 | -€9.6m | -574% |
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 17 October 2026 via checked.be.