R.E.M. MANAGEMENT: 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.
R.E.M. MANAGEMENT
Largest movements
- Current assets -€4,611
down €4,611 (-17.8%), from €25,847 to €21,236
of which Receivables within one year: -€7,384
- Debts within one year -€12,709
down €12,709 (-67.8%), from €18,743 to €6,034
- Profit (loss) carried forward +€7,905
up €7,905 (+110.0%), from €7,187 to €15,092
- Gross operating margin +€15,664
up €15,664, from -€924 to €14,740
- Taxes +€5,883
new in 2015: €5,883
From the 2014 result to the 2015 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,040 | €21,236 | -€4,804 | -18.4% |
| Fixed assets | 21/28 | €193 | - | -€193 | |
| Tangible fixed assets | 22/27 | €193 | - | -€193 | |
| Current assets | 29/58 | €25,847 | €21,236 | -€4,611 | -17.8% |
| Amounts receivable within one year | 40/41 | €25,836 | €18,452 | -€7,384 | -28.6% |
| Cash at bank and in hand | 54/58 | - | €1,584 | +€1,584 | |
| Total equity and liabilities | 10/49 | €26,040 | €21,236 | -€4,804 | -18.4% |
| Equity | 10/15 | €7,297 | €15,202 | +€7,905 | +108.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,187 | €15,092 | +€7,905 | +110.0% |
| Amounts payable | 17/49 | €18,743 | €6,034 | -€12,709 | -67.8% |
| Amounts payable within one year | 42/48 | €18,743 | €6,034 | -€12,709 | -67.8% |
| Trade debts | 44 | €11,301 | €2,712 | -€8,589 | -76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €193 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€924 | €14,740 | +€15,664 | |
| Operating profit (loss) | 9901 | -€2,354 | €14,027 | +€16,381 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Recurring financial charges | 65 | €382 | €239 | -€144 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,728 | €13,788 | +€16,516 | |
| Income taxes | 67/77 | - | €5,883 | +€5,883 | |
| Profit (loss) for the period | 9904 | -€2,728 | €7,905 | +€10,633 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,728 | €7,905 | +€10,633 |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.