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Rebati: 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.

What changed

Rebati

BE 0803.109.124
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,455
2024 · €21,042-€18,587
Equity
€25,997
2024 · €23,542+€2,455
Cash
€9,615
2024 · €8,874+€740
Balance sheet total
€65,158
2024 · €34,962+€30,196

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€14,145

    up €14,145 (+109.1%), from €12,969 to €27,115

    of which Trade receivables: +€7,777

  • Deferred charges and accrued income +€9,669

    up €9,669 (+601.0%), from €1,609 to €11,278

  • Stocks and contracts +€3,458

    new in 2025: €3,458

  • Tangible fixed assets +€2,183

    up €2,183 (+19.0%), from €11,510 to €13,693

    of which Furniture and vehicles: +€2,923

  • Cash +€740

    up €740 (+8.3%), from €8,874 to €9,615

    mainly Trade debts (+€25,880) and Net result for the year (+€2,455)

Equity and liabilities
  • Trade debts +€25,880

    up €25,880 (+1306.6%), from €1,981 to €27,861

  • Tax, wage and social debts -€4,590

    down €4,590 (-66.6%), from €6,890 to €2,300

  • Reserves +€2,455

    up €2,455 (+11.7%), from €21,042 to €23,497

  • Debts after one year +€2,384

    up €2,384 (+191.7%), from €1,243 to €3,628

  • Current portion of long-term debt +€2,203

    up €2,203 (+252.1%), from €874 to €3,076

Income statement
  • Gross operating margin -€27,206

    down €27,206 (-79.3%), from €34,322 to €7,115

  • Taxes -€4,834

    down €4,834 (-68.1%), from €7,100 to €2,266

  • Other operating charges -€3,678

    down €3,678 (-82.1%), from €4,482 to €803

  • Financial income +€834

    up €834 (+396.7%), from €210 to €1,044

  • Depreciation +€517

    up €517 (+30.5%), from €1,691 to €2,208

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €21,042
Gross operating margin -€27,206
Depreciation -€517
Other operating charges +€3,678
Financial income +€834
Financial charges -€211
Taxes +€4,834
Result 2025 €2,455

Cash bridge derived

cash 2024 to 2025

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.

From operations +€544
Investment -€4,391
Financing +€4,587
Cash 2024 €8,874
Net result for the year +€2,455
Depreciation +€2,208
Stocks and contracts -€3,458
Receivables within one year -€14,145
Deferred charges and accrued income -€9,669
Trade debts +€25,880
Tax, wage and social debts -€4,590
Other debts +€1,865
Investment in fixed assets (net) -€4,391
Debts after one year +€2,384
Current portion of long-term debt +€2,203
Cash 2025 €9,615
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €34,962 €65,158 +€30,196 +86.4%
Fixed assets 21/28 €11,510 €13,693 +€2,183 +19.0%
Tangible fixed assets 22/27 €11,510 €13,693 +€2,183 +19.0%
Furniture and vehicles 24 €4,499 €7,422 +€2,923 +65.0%
Other tangible fixed assets 26 €7,011 €6,270 -€740 -10.6%
Current assets 29/58 €23,453 €51,466 +€28,013 +119.4%
Stocks and contracts in progress 3 - €3,458 +€3,458
Stocks 30/36 - €3,458 +€3,458
Amounts receivable within one year 40/41 €12,969 €27,115 +€14,145 +109.1%
Trade receivables 40 €12,969 €20,746 +€7,777 +60.0%
Other amounts receivable 41 - €6,368 +€6,368
Cash at bank and in hand 54/58 €8,874 €9,615 +€740 +8.3%
Deferred charges and accrued income 490/1 €1,609 €11,278 +€9,669 +601.0%
Total equity and liabilities 10/49 €34,962 €65,158 +€30,196 +86.4%
Equity 10/15 €23,542 €25,997 +€2,455 +10.4%
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 €21,042 €23,497 +€2,455 +11.7%
Distributable reserves 133 €21,042 €23,497 +€2,455 +11.7%
Amounts payable 17/49 €11,420 €39,161 +€27,741 +242.9%
Amounts payable after more than one year 17 €1,243 €3,628 +€2,384 +191.7%
Financial debts 170/4 €1,243 €3,628 +€2,384 +191.7%
Amounts payable within one year 42/48 €10,177 €35,534 +€25,357 +249.2%
Current portion of amounts payable after more than one year 42 €874 €3,076 +€2,203 +252.1%
Trade debts 44 €1,981 €27,861 +€25,880 +1306.6%
Suppliers 440/4 €1,981 €27,861 +€25,880 +1306.6%
Taxes, remuneration and social security 45 €6,890 €2,300 -€4,590 -66.6%
Taxes 450/3 €6,890 €2,300 -€4,590 -66.6%
Other amounts payable 47/48 €432 €2,297 +€1,865 +431.5%
Non-recurring operating income 76A - €6,426 +€6,426
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,691 €2,208 +€517 +30.5%
Other operating charges 640/8 €4,482 €803 -€3,678 -82.1%
Gross operating margin 9900 €34,322 €7,115 -€27,206 -79.3%
Operating profit (loss) 9901 €28,149 €4,104 -€24,044 -85.4%
Financial income 75/76B €210 €1,044 +€834 +396.7%
Recurring financial income 75 €210 €1,044 +€834 +396.7%
Financial charges 65/66B €217 €428 +€211 +97.3%
Recurring financial charges 65 €217 €428 +€211 +97.3%
Profit (loss) for the period before taxes 9903 €28,142 €4,721 -€23,421 -83.2%
Income taxes 67/77 €7,100 €2,266 -€4,834 -68.1%
Profit (loss) for the period 9904 €21,042 €2,455 -€18,587 -88.3%
Profit (loss) for the period to be appropriated 9905 €21,042 €2,455 -€18,587 -88.3%

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 29 September 2026 via checked.be.