REBATITOIT: 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.
REBATITOIT
Largest movements
- Cash +€39,321
up €39,321 (+24.7%), from €159,448 to €198,768
mainly Depreciation (+€45,244) and Net result for the year (+€40,763)
- Tangible fixed assets -€34,465
down €34,465 (-11.9%), from €290,285 to €255,819
of which Plant, machinery and equipment: -€17,642
- Stocks and contracts -€11,374
down €11,374 (-75.1%), from €15,144 to €3,771
- Receivables within one year -€6,724
down €6,724 (-16.2%), from €41,485 to €34,760
of which Other amounts receivable: -€11,698
- Debts after one year -€52,702
down €52,702 (-22.0%), from €239,408 to €186,705
- Other debts +€32,470
up €32,470 (+547%), from €5,938 to €38,408
- Reserves +€5,953
up €5,953 (+3.4%), from €175,801 to €181,755
of which Tax-exempt reserves: +€16,453
- Staff costs -€43,603
down €43,603 (-21.6%), from €201,764 to €158,161
- Gross operating margin -€43,113
down €43,113 (-14.1%), from €306,065 to €262,952
- Depreciation -€12,473
down €12,473 (-21.6%), from €57,717 to €45,244
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 | €514,486 | €506,163 | -€8,323 | -1.6% |
| Fixed assets | 21/28 | €290,477 | €256,012 | -€34,465 | -11.9% |
| Tangible fixed assets | 22/27 | €290,285 | €255,819 | -€34,465 | -11.9% |
| Land and buildings | 22 | €111,073 | €102,359 | -€8,714 | -7.8% |
| Plant, machinery and equipment | 23 | €83,001 | €65,359 | -€17,642 | -21.3% |
| Furniture and vehicles | 24 | €95,750 | €88,101 | -€7,649 | -8.0% |
| Other tangible fixed assets | 26 | €461 | - | -€461 | |
| Financial fixed assets | 28 | €193 | €193 | = | 0.0% |
| Current assets | 29/58 | €224,008 | €250,151 | +€26,142 | +11.7% |
| Stocks and contracts in progress | 3 | €15,144 | €3,771 | -€11,374 | -75.1% |
| Stocks | 30/36 | €15,144 | €3,771 | -€11,374 | -75.1% |
| Amounts receivable within one year | 40/41 | €41,485 | €34,760 | -€6,724 | -16.2% |
| Trade receivables | 40 | €27,370 | €32,343 | +€4,973 | +18.2% |
| Other amounts receivable | 41 | €14,115 | €2,417 | -€11,698 | -82.9% |
| Cash at bank and in hand | 54/58 | €159,448 | €198,768 | +€39,321 | +24.7% |
| Deferred charges and accrued income | 490/1 | €7,932 | €12,851 | +€4,920 | +62.0% |
| Total equity and liabilities | 10/49 | €514,486 | €506,163 | -€8,323 | -1.6% |
| Equity | 10/15 | €200,621 | €206,366 | +€5,744 | +2.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €175,801 | €181,755 | +€5,953 | +3.4% |
| Tax-exempt reserves | 132 | €5,941 | €22,395 | +€16,453 | +277% |
| Distributable reserves | 133 | €169,860 | €159,360 | -€10,500 | -6.2% |
| Profit (loss) carried forward | 14 | €8,597 | €8,906 | +€309 | +3.6% |
| Investment grants | 15 | €6,223 | €5,704 | -€519 | -8.3% |
| Provisions and deferred taxes | 16 | €1,485 | €5,599 | +€4,113 | +277% |
| Deferred taxes | 168 | €1,485 | €5,599 | +€4,113 | +277% |
| Amounts payable | 17/49 | €312,379 | €294,198 | -€18,181 | -5.8% |
| Amounts payable after more than one year | 17 | €239,408 | €186,705 | -€52,702 | -22.0% |
| Financial debts | 170/4 | €239,408 | €186,705 | -€52,702 | -22.0% |
| Amounts payable within one year | 42/48 | €72,971 | €105,482 | +€32,511 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | €46,553 | €42,695 | -€3,857 | -8.3% |
| Trade debts | 44 | €16,910 | €18,485 | +€1,575 | +9.3% |
| Suppliers | 440/4 | €16,910 | €18,485 | +€1,575 | +9.3% |
| Taxes, remuneration and social security | 45 | €3,570 | €5,894 | +€2,324 | +65.1% |
| Taxes | 450/3 | €3,570 | €3,377 | -€193 | -5.4% |
| Remuneration and social security | 454/9 | - | €2,517 | +€2,517 | |
| Other amounts payable | 47/48 | €5,938 | €38,408 | +€32,470 | +547% |
| Accrued charges and deferred income | 492/3 | - | €2,011 | +€2,011 | |
| Remuneration, social security and pensions | 62 | €201,764 | €158,161 | -€43,603 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,717 | €45,244 | -€12,473 | -21.6% |
| Other operating charges | 640/8 | €4,510 | €2,923 | -€1,587 | -35.2% |
| Gross operating margin | 9900 | €306,065 | €262,952 | -€43,113 | -14.1% |
| Operating profit (loss) | 9901 | €42,074 | €56,624 | +€14,549 | +34.6% |
| Financial income | 75/76B | €4,744 | €5,183 | +€439 | +9.3% |
| Recurring financial income | 75 | €4,744 | €5,183 | +€439 | +9.3% |
| Financial charges | 65/66B | €7,338 | €7,025 | -€313 | -4.3% |
| Recurring financial charges | 65 | €7,338 | €7,025 | -€313 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €39,480 | €54,781 | +€15,301 | +38.8% |
| Transfer from deferred taxes | 780 | €275 | €787 | +€512 | +186% |
| Transfer to deferred taxes | 680 | €1,600 | €4,900 | +€3,300 | +206% |
| Income taxes | 67/77 | €9,754 | €9,905 | +€151 | +1.5% |
| Profit (loss) for the period | 9904 | €28,401 | €40,763 | +€12,362 | +43.5% |
| Transfer from tax-exempt reserves | 789 | €1,099 | €3,147 | +€2,048 | +186% |
| Transfer to tax-exempt reserves | 689 | €6,400 | €19,600 | +€13,200 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €23,099 | €24,309 | +€1,210 | +5.2% |
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 15 October 2026 via checked.be.