REB Engineering: 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.
REB Engineering
Largest movements
- Cash -€147,165
down €147,165 (-59.2%), from €248,433 to €101,268
mainly Other debts (-€118,846) and Contributions, distributions and other (-€83,066)
- Receivables within one year -€29,318
down €29,318 (-87.5%), from €33,522 to €4,204
of which Trade receivables: -€33,322
- Other debts -€118,846
down €118,846 (-58.9%), from €201,912 to €83,066
- Tax, wage and social debts -€48,771
down €48,771 (-81.9%), from €59,547 to €10,776
- Trade debts -€9,844
down €9,844 (-31.5%), from €31,297 to €21,452
- Gross operating margin +€10,181
up €10,181 (+10.4%), from €98,303 to €108,484
- Taxes +€2,573
up €2,573 (+13.2%), from €19,495 to €22,069
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 | €294,755 | €117,294 | -€177,461 | -60.2% |
| Fixed assets | 21/28 | €12,198 | €11,192 | -€1,006 | -8.2% |
| Tangible fixed assets | 22/27 | €11,698 | €10,692 | -€1,006 | -8.6% |
| Plant, machinery and equipment | 23 | - | €788 | +€788 | |
| Furniture and vehicles | 24 | €1,369 | €695 | -€674 | -49.2% |
| Other tangible fixed assets | 26 | €10,329 | €9,209 | -€1,120 | -10.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €282,557 | €106,102 | -€176,455 | -62.4% |
| Amounts receivable within one year | 40/41 | €33,522 | €4,204 | -€29,318 | -87.5% |
| Trade receivables | 40 | €33,322 | - | -€33,322 | |
| Other amounts receivable | 41 | €200 | €4,204 | +€4,004 | +2003.8% |
| Cash at bank and in hand | 54/58 | €248,433 | €101,268 | -€147,165 | -59.2% |
| Deferred charges and accrued income | 490/1 | €602 | €630 | +€27 | +4.5% |
| Total equity and liabilities | 10/49 | €294,755 | €117,294 | -€177,461 | -60.2% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €292,755 | €115,294 | -€177,461 | -60.6% |
| Amounts payable within one year | 42/48 | €292,755 | €115,294 | -€177,461 | -60.6% |
| Trade debts | 44 | €31,297 | €21,452 | -€9,844 | -31.5% |
| Suppliers | 440/4 | €31,297 | €21,452 | -€9,844 | -31.5% |
| Taxes, remuneration and social security | 45 | €59,547 | €10,776 | -€48,771 | -81.9% |
| Taxes | 450/3 | €59,547 | €10,776 | -€48,771 | -81.9% |
| Other amounts payable | 47/48 | €201,912 | €83,066 | -€118,846 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | €1,876 | +€672 | +55.9% |
| Other operating charges | 640/8 | €438 | €1,159 | +€721 | +164.4% |
| Gross operating margin | 9900 | €98,303 | €108,484 | +€10,181 | +10.4% |
| Operating profit (loss) | 9901 | €96,661 | €105,449 | +€8,788 | +9.1% |
| Financial income | 75/76B | €0 | €86 | +€86 | +431750.0% |
| Recurring financial income | 75 | €0 | €86 | +€86 | +431750.0% |
| Financial charges | 65/66B | €551 | €401 | -€150 | -27.2% |
| Recurring financial charges | 65 | €551 | €401 | -€150 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €96,110 | €105,135 | +€9,025 | +9.4% |
| Income taxes | 67/77 | €19,495 | €22,069 | +€2,573 | +13.2% |
| Profit (loss) for the period | 9904 | €76,615 | €83,066 | +€6,451 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,615 | €83,066 | +€6,451 | +8.4% |
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 8 October 2026 via checked.be.