Re.work: 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.work
Largest movements
- Receivables within one year -€47,958
down €47,958 (-63.0%), from €76,094 to €28,136
of which Other amounts receivable: -€69,645
- Profit (loss) carried forward -€188,863
down €188,863, from €521 to -€188,342
- Other debts +€130,313
new in 2025: €130,313
- Trade debts +€17,873
up €17,873 (+550%), from €3,247 to €21,120
- Reserves -€6,800
down €6,800 (-52.3%), from €13,000 to €6,200
of which Distributable reserves: -€6,800
- Purchases and services +€285,194
up €285,194 (+3,625%), from €7,868 to €293,062
- Gross operating margin -€192,121
down €192,121, from €2,395 to -€189,726
- Turnover +€78,311
new in 2025: €78,311
- Financial income -€9,122
down €9,122 (-98.8%), from €9,232 to €110
- Taxes -€2,461
no longer reported in 2025 (was €2,461)
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 | €81,648 | €33,752 | -€47,896 | -58.7% |
| Current assets | 29/58 | €81,648 | €33,752 | -€47,896 | -58.7% |
| Amounts receivable within one year | 40/41 | €76,094 | €28,136 | -€47,958 | -63.0% |
| Trade receivables | 40 | €3,000 | €24,687 | +€21,687 | +723% |
| Other amounts receivable | 41 | €73,094 | €3,449 | -€69,645 | -95.3% |
| Cash at bank and in hand | 54/58 | €5,554 | €5,564 | +€10 | +0.2% |
| Deferred charges and accrued income | 490/1 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €81,648 | €33,752 | -€47,896 | -58.7% |
| Equity | 10/15 | €75,521 | -€120,142 | -€195,663 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €6,200 | -€6,800 | -52.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,800 | - | -€6,800 | |
| Profit (loss) carried forward | 14 | €521 | -€188,342 | -€188,863 | |
| Amounts payable | 17/49 | €6,127 | €153,894 | +€147,767 | +2,412% |
| Amounts payable within one year | 42/48 | €6,127 | €153,894 | +€147,767 | +2,412% |
| Trade debts | 44 | €3,247 | €21,120 | +€17,873 | +550% |
| Suppliers | 440/4 | €3,247 | €21,120 | +€17,873 | +550% |
| Taxes, remuneration and social security | 45 | €2,881 | €2,461 | -€419 | -14.6% |
| Taxes | 450/3 | €2,881 | €2,461 | -€419 | -14.6% |
| Other amounts payable | 47/48 | - | €130,313 | +€130,313 | |
| Turnover | 70 | - | €78,311 | +€78,311 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,868 | €293,062 | +€285,194 | +3,625% |
| Other operating charges | 640/8 | €1,400 | €2,433 | +€1,033 | +73.8% |
| Gross operating margin | 9900 | €2,395 | -€189,726 | -€192,121 | |
| Operating profit (loss) | 9901 | €996 | -€192,158 | -€193,154 | |
| Financial income | 75/76B | €9,232 | €110 | -€9,122 | -98.8% |
| Recurring financial income | 75 | €9,232 | €110 | -€9,122 | -98.8% |
| Financial charges | 65/66B | €1,296 | €3,614 | +€2,319 | +179% |
| Recurring financial charges | 65 | €1,296 | €3,614 | +€2,319 | +179% |
| Profit (loss) for the period before taxes | 9903 | €8,932 | -€195,663 | -€204,595 | |
| Income taxes | 67/77 | €2,461 | - | -€2,461 | |
| Profit (loss) for the period | 9904 | €6,471 | -€195,663 | -€202,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,471 | -€195,663 | -€202,134 |
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 14 October 2026 via checked.be.