Le Repos: 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 Repos
Largest movements
- Receivables within one year -€8.8m
down €8.8m (-90.3%), from €9.8m to €950,712
of which Other amounts receivable: -€8.8m
- Financial fixed assets +€8.4m
up €8.4m (+77.7%), from €10.8m to €19.3m
- Profit (loss) carried forward -€265,767
down €265,767 (-86.4%), from -€307,756 to -€573,523
- Debts after one year -€264,726
down €264,726 (-4.9%), from €5.4m to €5.2m
- Financial income -€139,929
down €139,929 (-52.3%), from €267,762 to €127,833
- Staff costs +€26,401
up €26,401 (+34.9%), from €75,698 to €102,100
- Financial charges +€4,563
up €4,563 (+1.5%), from €298,332 to €302,895
- Gross operating margin -€4,122
down €4,122 (-23.2%), from €17,751 to €13,629
- Depreciation +€642
up €642 (+108%), from €594 to €1,236
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 | €20,625,258 | €20,228,316 | -€396,941 | -1.9% |
| Fixed assets | 21/28 | €10,834,554 | €19,258,237 | +€8.4m | +77.7% |
| Tangible fixed assets | 22/27 | €619 | €2,039 | +€1,421 | +230% |
| Furniture and vehicles | 24 | €619 | €2,039 | +€1,421 | +230% |
| Financial fixed assets | 28 | €10,833,935 | €19,256,198 | +€8.4m | +77.7% |
| Current assets | 29/58 | €9,790,704 | €970,079 | -€8.8m | -90.1% |
| Amounts receivable within one year | 40/41 | €9,761,574 | €950,712 | -€8.8m | -90.3% |
| Trade receivables | 40 | €10,181 | €5,987 | -€4,194 | -41.2% |
| Other amounts receivable | 41 | €9,751,393 | €944,725 | -€8.8m | -90.3% |
| Cash at bank and in hand | 54/58 | €29,130 | €19,367 | -€9,763 | -33.5% |
| Total equity and liabilities | 10/49 | €20,625,258 | €20,228,316 | -€396,941 | -1.9% |
| Equity | 10/15 | €6,592,244 | €6,326,477 | -€265,767 | -4.0% |
| Contributions | 10/11 | €6,900,000 | €6,900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,756 | -€573,523 | -€265,767 | -86.4% |
| Amounts payable | 17/49 | €14,033,014 | €13,901,839 | -€131,175 | -0.9% |
| Amounts payable after more than one year | 17 | €5,428,407 | €5,163,681 | -€264,726 | -4.9% |
| Financial debts | 170/4 | €5,428,407 | €5,163,681 | -€264,726 | -4.9% |
| Amounts payable within one year | 42/48 | €8,604,607 | €8,738,158 | +€133,551 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €256,727 | €264,726 | +€7,999 | +3.1% |
| Trade debts | 44 | €3,970 | €6,559 | +€2,589 | +65.2% |
| Suppliers | 440/4 | €3,970 | €6,559 | +€2,589 | +65.2% |
| Taxes, remuneration and social security | 45 | €11,608 | €12,547 | +€938 | +8.1% |
| Remuneration and social security | 454/9 | €11,608 | €12,547 | +€938 | +8.1% |
| Other amounts payable | 47/48 | €8,332,302 | €8,454,327 | +€122,025 | +1.5% |
| Remuneration, social security and pensions | 62 | €75,698 | €102,100 | +€26,401 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €1,236 | +€642 | +108% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €17,751 | €13,629 | -€4,122 | -23.2% |
| Operating profit (loss) | 9901 | -€59,509 | -€90,705 | -€31,197 | -52.4% |
| Financial income | 75/76B | €267,762 | €127,833 | -€139,929 | -52.3% |
| Recurring financial income | 75 | €267,762 | €127,833 | -€139,929 | -52.3% |
| Financial charges | 65/66B | €298,332 | €302,895 | +€4,563 | +1.5% |
| Recurring financial charges | 65 | €298,332 | €302,895 | +€4,563 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€90,078 | -€265,767 | -€175,689 | -195% |
| Profit (loss) for the period | 9904 | -€90,078 | -€265,767 | -€175,689 | -195% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,078 | -€265,767 | -€175,689 | -195% |
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 19 October 2026 via checked.be.