Re-Mind: 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-Mind
Largest movements
- Receivables within one year +€214,358
up €214,358 (+154.9%), from €138,373 to €352,731
of which Other amounts receivable: +€109,842
- Tangible fixed assets -€130,059
down €130,059 (-8.7%), from €1.5m to €1.4m
- Debts after one year -€150,660
down €150,660 (-14.3%), from €1.1m to €901,012
- Other debts +€138,299
up €138,299 (+528.8%), from €26,152 to €164,451
- Tax, wage and social debts +€66,360
up €66,360 (+84.9%), from €78,162 to €144,521
of which Taxes: +€84,466
- Short-term financial debts +€21,459
up €21,459 (+40.2%), from €53,406 to €74,866
- Staff costs -€129,186
down €129,186 (-33.5%), from €385,893 to €256,707
- Gross operating margin -€118,075
down €118,075 (-19.9%), from €594,576 to €476,501
- Depreciation -€7,958
down €7,958 (-4.8%), from €166,762 to €158,805
- Taxes +€6,051
up €6,051 (+56.7%), from €10,672 to €16,723
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,724,673 | €1,799,052 | +€74,378 | +4.3% |
| Fixed assets | 21/28 | €1,579,662 | €1,435,671 | -€143,991 | -9.1% |
| Intangible fixed assets | 21 | €81,101 | €67,169 | -€13,932 | -17.2% |
| Tangible fixed assets | 22/27 | €1,498,354 | €1,368,294 | -€130,059 | -8.7% |
| Land and buildings | 22 | €1,038,903 | €994,887 | -€44,016 | -4.2% |
| Plant, machinery and equipment | 23 | €54,435 | €43,169 | -€11,267 | -20.7% |
| Furniture and vehicles | 24 | €60,095 | €40,040 | -€20,055 | -33.4% |
| Leasing and similar rights | 25 | €10,938 | - | -€10,938 | |
| Other tangible fixed assets | 26 | €333,983 | €290,198 | -€43,784 | -13.1% |
| Financial fixed assets | 28 | €207 | €207 | = | 0.0% |
| Current assets | 29/58 | €145,011 | €363,381 | +€218,370 | +150.6% |
| Amounts receivable within one year | 40/41 | €138,373 | €352,731 | +€214,358 | +154.9% |
| Trade receivables | 40 | €137,609 | €242,125 | +€104,516 | +76.0% |
| Other amounts receivable | 41 | €765 | €110,606 | +€109,842 | +14362.7% |
| Deferred charges and accrued income | 490/1 | €6,638 | €10,650 | +€4,012 | +60.4% |
| Total equity and liabilities | 10/49 | €1,724,673 | €1,799,052 | +€74,378 | +4.3% |
| Equity | 10/15 | €205,194 | €206,003 | +€809 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €198,994 | €199,803 | +€809 | +0.4% |
| Distributable reserves | 133 | €198,994 | €199,803 | +€809 | +0.4% |
| Amounts payable | 17/49 | €1,519,479 | €1,593,049 | +€73,570 | +4.8% |
| Amounts payable after more than one year | 17 | €1,051,672 | €901,012 | -€150,660 | -14.3% |
| Financial debts | 170/4 | €1,051,672 | €901,012 | -€150,660 | -14.3% |
| Amounts payable within one year | 42/48 | €463,165 | €690,065 | +€226,900 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €165,568 | €150,660 | -€14,907 | -9.0% |
| Financial debts | 43 | €53,406 | €74,866 | +€21,459 | +40.2% |
| Credit institutions | 430/8 | €53,406 | €74,866 | +€21,459 | +40.2% |
| Trade debts | 44 | €139,877 | €155,568 | +€15,691 | +11.2% |
| Suppliers | 440/4 | €139,877 | €155,568 | +€15,691 | +11.2% |
| Taxes, remuneration and social security | 45 | €78,162 | €144,521 | +€66,360 | +84.9% |
| Taxes | 450/3 | €27,155 | €111,621 | +€84,466 | +311.0% |
| Remuneration and social security | 454/9 | €51,006 | €32,900 | -€18,106 | -35.5% |
| Other amounts payable | 47/48 | €26,152 | €164,451 | +€138,299 | +528.8% |
| Accrued charges and deferred income | 492/3 | €4,642 | €1,972 | -€2,670 | -57.5% |
| Non-recurring operating income | 76A | - | €8,548 | +€8,548 | |
| Remuneration, social security and pensions | 62 | €385,893 | €256,707 | -€129,186 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,762 | €158,805 | -€7,958 | -4.8% |
| Other operating charges | 640/8 | €7,960 | €12,853 | +€4,893 | +61.5% |
| Gross operating margin | 9900 | €594,576 | €476,501 | -€118,075 | -19.9% |
| Operating profit (loss) | 9901 | €33,960 | €48,136 | +€14,176 | +41.7% |
| Financial income | 75/76B | €93 | €139 | +€46 | +49.6% |
| Recurring financial income | 75 | €93 | €139 | +€46 | +49.6% |
| Financial charges | 65/66B | €33,734 | €30,744 | -€2,990 | -8.9% |
| Recurring financial charges | 65 | €33,734 | €30,744 | -€2,990 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €319 | €17,531 | +€17,212 | +5393.4% |
| Income taxes | 67/77 | €10,672 | €16,723 | +€6,051 | +56.7% |
| Profit (loss) for the period | 9904 | -€10,353 | €809 | +€11,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,353 | €809 | +€11,161 |
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 9 October 2026 via checked.be.