REBASTION: 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.
REBASTION
Largest movements
- Cash +€29,695
up €29,695 (+64.6%), from €45,942 to €75,637
mainly Net result for the year (+€23,937) and Receivables within one year (+€21,628)
- Receivables within one year -€21,628
down €21,628 (-13.9%), from €155,962 to €134,334
of which Trade receivables: -€22,795
- Tangible fixed assets -€11,189
down €11,189 (-42.5%), from €26,353 to €15,164
of which Furniture and vehicles: -€10,755
- Reserves +€23,937
up €23,937 (+4.0%), from €594,703 to €618,640
of which Distributable reserves: +€23,937
- Other debts -€13,467
down €13,467 (-29.4%), from €45,773 to €32,306
- Current portion of long-term debt -€11,667
no longer reported in 2025 (was €11,667)
- Financial charges -€88,002
down €88,002 (-96.7%), from €91,024 to €3,022
- Financial income -€20,643
down €20,643 (-38.8%), from €53,174 to €32,531
- Taxes -€4,803
down €4,803 (-35.8%), from €13,398 to €8,595
- Other operating charges +€623
up €623 (+40.5%), from €1,537 to €2,160
- Gross operating margin -€476
down €476 (-2.8%), from €16,850 to €16,373
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 | €723,637 | €719,987 | -€3,650 | -0.5% |
| Fixed assets | 21/28 | €26,353 | €15,164 | -€11,189 | -42.5% |
| Tangible fixed assets | 22/27 | €26,353 | €15,164 | -€11,189 | -42.5% |
| Plant, machinery and equipment | 23 | €1,301 | €867 | -€434 | -33.3% |
| Furniture and vehicles | 24 | €25,053 | €14,297 | -€10,755 | -42.9% |
| Current assets | 29/58 | €697,284 | €704,822 | +€7,539 | +1.1% |
| Amounts receivable within one year | 40/41 | €155,962 | €134,334 | -€21,628 | -13.9% |
| Trade receivables | 40 | €46,895 | €24,100 | -€22,795 | -48.6% |
| Other amounts receivable | 41 | €109,067 | €110,234 | +€1,167 | +1.1% |
| Current investments | 50/53 | €494,852 | €494,852 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,942 | €75,637 | +€29,695 | +64.6% |
| Deferred charges and accrued income | 490/1 | €528 | - | -€528 | |
| Total equity and liabilities | 10/49 | €723,637 | €719,987 | -€3,650 | -0.5% |
| Equity | 10/15 | €656,703 | €680,640 | +€23,937 | +3.6% |
| 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 | €594,703 | €618,640 | +€23,937 | +4.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €588,503 | €612,440 | +€23,937 | +4.1% |
| Amounts payable | 17/49 | €66,934 | €39,347 | -€27,588 | -41.2% |
| Amounts payable within one year | 42/48 | €65,653 | €39,347 | -€26,306 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | - | -€11,667 | |
| Trade debts | 44 | €3,669 | €2,986 | -€684 | -18.6% |
| Suppliers | 440/4 | €3,669 | €2,986 | -€684 | -18.6% |
| Taxes, remuneration and social security | 45 | €4,543 | €4,056 | -€488 | -10.7% |
| Taxes | 450/3 | €4,543 | €4,056 | -€488 | -10.7% |
| Other amounts payable | 47/48 | €45,773 | €32,306 | -€13,467 | -29.4% |
| Accrued charges and deferred income | 492/3 | €1,282 | - | -€1,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,189 | €11,189 | = | 0.0% |
| Other operating charges | 640/8 | €1,537 | €2,160 | +€623 | +40.5% |
| Gross operating margin | 9900 | €16,850 | €16,373 | -€476 | -2.8% |
| Operating profit (loss) | 9901 | €4,123 | €3,024 | -€1,099 | -26.7% |
| Financial income | 75/76B | €53,174 | €32,531 | -€20,643 | -38.8% |
| Recurring financial income | 75 | €53,174 | €32,531 | -€20,643 | -38.8% |
| Financial charges | 65/66B | €91,024 | €3,022 | -€88,002 | -96.7% |
| Recurring financial charges | 65 | €91,024 | €3,022 | -€88,002 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,727 | €32,533 | +€66,260 | |
| Income taxes | 67/77 | €13,398 | €8,595 | -€4,803 | -35.8% |
| Profit (loss) for the period | 9904 | -€47,125 | €23,937 | +€71,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,125 | €23,937 | +€71,063 |
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 11 October 2026 via checked.be.