RE-MAT: 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.
RE-MAT
Largest movements
- Receivables within one year -€6,378
down €6,378 (-49.2%), from €12,952 to €6,574
of which Trade receivables: -€7,138
- Cash -€4,890
down €4,890 (-98.4%), from €4,972 to €81
mainly Net result for the year (-€5,641) and Advances received (-€4,034)
- Deferred charges and accrued income +€486
new in 2025: €486
- Tangible fixed assets -€319
down €319 (-61.7%), from €517 to €198
of which Plant, machinery and equipment: -€517
- Profit (loss) carried forward -€5,641
down €5,641, from €3,602 to -€2,039
- Advances received -€4,034
down €4,034 (-90.7%), from €4,448 to €413
- Tax, wage and social debts -€867
down €867 (-17.5%), from €4,940 to €4,074
- Trade debts -€567
down €567 (-25.1%), from €2,260 to €1,692
- Gross operating margin -€8,088
down €8,088, from €3,050 to -€5,038
- Financial charges -€2,851
down €2,851 (-63.0%), from €4,526 to €1,675
- Financial income +€2,166
new in 2025: €2,166
- Other operating charges +€505
new in 2025: €505
- Taxes +€213
up €213 (+367%), from €58 to €271
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 | €18,441 | €7,340 | -€11,101 | -60.2% |
| Fixed assets | 21/28 | €517 | €198 | -€319 | -61.7% |
| Tangible fixed assets | 22/27 | €517 | €198 | -€319 | -61.7% |
| Plant, machinery and equipment | 23 | €517 | - | -€517 | |
| Furniture and vehicles | 24 | - | €198 | +€198 | |
| Current assets | 29/58 | €17,924 | €7,141 | -€10,782 | -60.2% |
| Amounts receivable within one year | 40/41 | €12,952 | €6,574 | -€6,378 | -49.2% |
| Trade receivables | 40 | €7,138 | - | -€7,138 | |
| Other amounts receivable | 41 | €5,814 | €6,574 | +€760 | +13.1% |
| Cash at bank and in hand | 54/58 | €4,972 | €81 | -€4,890 | -98.4% |
| Deferred charges and accrued income | 490/1 | - | €486 | +€486 | |
| Total equity and liabilities | 10/49 | €18,441 | €7,340 | -€11,101 | -60.2% |
| Equity | 10/15 | €6,793 | €1,152 | -€5,641 | -83.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €191 | €191 | = | 0.0% |
| Distributable reserves | 133 | €191 | €191 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,602 | -€2,039 | -€5,641 | |
| Amounts payable | 17/49 | €11,648 | €6,188 | -€5,460 | -46.9% |
| Amounts payable within one year | 42/48 | €11,648 | €6,179 | -€5,468 | -46.9% |
| Trade debts | 44 | €2,260 | €1,692 | -€567 | -25.1% |
| Suppliers | 440/4 | €2,260 | €1,692 | -€567 | -25.1% |
| Advances received on contracts in progress | 46 | €4,448 | €413 | -€4,034 | -90.7% |
| Taxes, remuneration and social security | 45 | €4,940 | €4,074 | -€867 | -17.5% |
| Taxes | 450/3 | €4,940 | €4,074 | -€867 | -17.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €319 | = | 0.0% |
| Other operating charges | 640/8 | - | €505 | +€505 | |
| Gross operating margin | 9900 | €3,050 | -€5,038 | -€8,088 | |
| Operating profit (loss) | 9901 | €2,731 | -€5,861 | -€8,593 | |
| Financial income | 75/76B | - | €2,166 | +€2,166 | |
| Recurring financial income | 75 | - | €2,166 | +€2,166 | |
| Financial charges | 65/66B | €4,526 | €1,675 | -€2,851 | -63.0% |
| Recurring financial charges | 65 | €4,526 | €1,675 | -€2,851 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,795 | -€5,370 | -€3,575 | -199% |
| Income taxes | 67/77 | €58 | €271 | +€213 | +367% |
| Profit (loss) for the period | 9904 | -€1,853 | -€5,641 | -€3,788 | -204% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,853 | -€5,641 | -€3,788 | -204% |
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.