RE-MI: 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.
RE-MI
Largest movements
- Cash +€30,971
up €30,971 (+37.4%), from €82,840 to €113,811
mainly Other debts (+€263,523) and Net result for the year (+€98,754)
- Receivables within one year +€7,739
up €7,739 (+28.9%), from €26,758 to €34,497
- Other debts +€263,523
up €263,523 (+9092.3%), from €2,898 to €266,421
- Reserves -€166,246
down €166,246 (-88.6%), from €187,674 to €21,427
- Debts after one year -€43,396
down €43,396 (-30.2%), from €143,827 to €100,431
- Tax, wage and social debts -€16,609
down €16,609 (-51.6%), from €32,167 to €15,558
- Gross operating margin +€43,699
up €43,699 (+46.6%), from €93,819 to €137,518
- Taxes +€11,210
up €11,210 (+48.9%), from €22,947 to €34,157
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.
Cash bridge derived
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 | €411,905 | €449,687 | +€37,782 | +9.2% |
| Fixed assets | 21/28 | €302,047 | €301,042 | -€1,005 | -0.3% |
| Tangible fixed assets | 22/27 | €2,047 | €1,042 | -€1,005 | -49.1% |
| Furniture and vehicles | 24 | €2,047 | €1,042 | -€1,005 | -49.1% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €109,858 | €148,645 | +€38,787 | +35.3% |
| Amounts receivable within one year | 40/41 | €26,758 | €34,497 | +€7,739 | +28.9% |
| Trade receivables | 40 | €26,758 | €34,497 | +€7,739 | +28.9% |
| Cash at bank and in hand | 54/58 | €82,840 | €113,811 | +€30,971 | +37.4% |
| Deferred charges and accrued income | 490/1 | €261 | €337 | +€76 | +29.2% |
| Total equity and liabilities | 10/49 | €411,905 | €449,687 | +€37,782 | +9.2% |
| Equity | 10/15 | €189,674 | €23,427 | -€166,246 | -87.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €187,674 | €21,427 | -€166,246 | -88.6% |
| Distributable reserves | 133 | €187,674 | €21,427 | -€166,246 | -88.6% |
| Amounts payable | 17/49 | €222,231 | €426,260 | +€204,028 | +91.8% |
| Amounts payable after more than one year | 17 | €143,827 | €100,431 | -€43,396 | -30.2% |
| Financial debts | 170/4 | €143,827 | €100,431 | -€43,396 | -30.2% |
| Amounts payable within one year | 42/48 | €78,335 | €325,828 | +€247,493 | +315.9% |
| Current portion of amounts payable after more than one year | 42 | €42,651 | €43,396 | +€745 | +1.7% |
| Financial debts | 43 | €565 | €419 | -€146 | -25.8% |
| Credit institutions | 430/8 | €565 | €419 | -€146 | -25.8% |
| Trade debts | 44 | €54 | €34 | -€20 | -37.1% |
| Suppliers | 440/4 | €54 | €34 | -€20 | -37.1% |
| Taxes, remuneration and social security | 45 | €32,167 | €15,558 | -€16,609 | -51.6% |
| Taxes | 450/3 | €32,167 | €15,558 | -€16,609 | -51.6% |
| Other amounts payable | 47/48 | €2,898 | €266,421 | +€263,523 | +9092.3% |
| Accrued charges and deferred income | 492/3 | €69 | - | -€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €633 | €1,005 | +€371 | +58.6% |
| Other operating charges | 640/8 | €132 | €528 | +€396 | +301.0% |
| Gross operating margin | 9900 | €93,819 | €137,518 | +€43,699 | +46.6% |
| Operating profit (loss) | 9901 | €93,054 | €135,986 | +€42,932 | +46.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,887 | €3,076 | -€812 | -20.9% |
| Recurring financial charges | 65 | €3,887 | €3,076 | -€812 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €89,167 | €132,910 | +€43,744 | +49.1% |
| Income taxes | 67/77 | €22,947 | €34,157 | +€11,210 | +48.9% |
| Profit (loss) for the period | 9904 | €66,220 | €98,754 | +€32,534 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,220 | €98,754 | +€32,534 | +49.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.