REBATIM: 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.
REBATIM
Largest movements
- Cash -€40,819
down €40,819 (-90.3%), from €45,217 to €4,398
mainly Net result for the year (-€29,272) and Trade debts (-€11,315)
- Tangible fixed assets -€12,662
down €12,662 (-47.8%), from €26,494 to €13,832
of which Furniture and vehicles: -€12,257
- Receivables within one year +€1,025
up €1,025 (+16.6%), from €6,172 to €7,197
of which Other amounts receivable: +€6,404
- Profit (loss) carried forward -€29,272
down €29,272, from €5 to -€29,267
- Trade debts -€11,315
down €11,315 (-81.7%), from €13,850 to €2,535
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts -€1,574
down €1,574 (-16.8%), from €9,355 to €7,781
- Gross operating margin -€46,277
down €46,277, from €33,152 to -€13,125
- Taxes -€3,165
down €3,165 (-47.1%), from €6,716 to €3,552
- Financial income +€1,240
new in 2025: €1,240
of which Financial income: +€1,240
- Depreciation +€458
up €458 (+3.8%), from €12,204 to €12,662
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 | €79,461 | €27,100 | -€52,361 | -65.9% |
| Fixed assets | 21/28 | €26,494 | €13,832 | -€12,662 | -47.8% |
| Tangible fixed assets | 22/27 | €26,494 | €13,832 | -€12,662 | -47.8% |
| Plant, machinery and equipment | 23 | €1,683 | €1,278 | -€405 | -24.1% |
| Furniture and vehicles | 24 | €24,811 | €12,554 | -€12,257 | -49.4% |
| Current assets | 29/58 | €52,967 | €13,268 | -€39,700 | -75.0% |
| Amounts receivable within one year | 40/41 | €6,172 | €7,197 | +€1,025 | +16.6% |
| Trade receivables | 40 | €5,834 | €455 | -€5,379 | -92.2% |
| Other amounts receivable | 41 | €338 | €6,742 | +€6,404 | +1,894% |
| Cash at bank and in hand | 54/58 | €45,217 | €4,398 | -€40,819 | -90.3% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,673 | +€95 | +6.0% |
| Total equity and liabilities | 10/49 | €79,461 | €27,100 | -€52,361 | -65.9% |
| Equity | 10/15 | €45,456 | €16,184 | -€29,272 | -64.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,859 | €26,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5 | -€29,267 | -€29,272 | |
| Amounts payable | 17/49 | €34,005 | €10,916 | -€23,089 | -67.9% |
| Amounts payable within one year | 42/48 | €34,005 | €10,916 | -€23,089 | -67.9% |
| Trade debts | 44 | €13,850 | €2,535 | -€11,315 | -81.7% |
| Suppliers | 440/4 | €13,850 | €2,535 | -€11,315 | -81.7% |
| Advances received on contracts in progress | 46 | €800 | €600 | -€200 | -25.0% |
| Taxes, remuneration and social security | 45 | €9,355 | €7,781 | -€1,574 | -16.8% |
| Taxes | 450/3 | €9,355 | €7,781 | -€1,574 | -16.8% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Non-recurring operating income | 76A | €4 | €617 | +€613 | +15,331% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,204 | €12,662 | +€458 | +3.8% |
| Other operating charges | 640/8 | €535 | €366 | -€169 | -31.6% |
| Non-recurring operating charges | 66A | €85 | - | -€85 | |
| Gross operating margin | 9900 | €33,152 | -€13,125 | -€46,277 | |
| Operating profit (loss) | 9901 | €20,328 | -€26,153 | -€46,481 | |
| Financial income | 75/76B | - | €1,240 | +€1,240 | |
| Recurring financial income | 75 | - | €1,240 | +€1,240 | |
| Non-recurring financial income | 76B | - | €1,240 | +€1,240 | |
| Financial charges | 65/66B | €882 | €807 | -€75 | -8.5% |
| Recurring financial charges | 65 | €882 | €807 | -€75 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €19,446 | -€25,720 | -€45,167 | |
| Income taxes | 67/77 | €6,716 | €3,552 | -€3,165 | -47.1% |
| Profit (loss) for the period | 9904 | €12,730 | -€29,272 | -€42,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,730 | -€29,272 | -€42,002 |
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 18 October 2026 via checked.be.