REBEL & Co: 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.
REBEL & Co
Largest movements
- Tangible fixed assets -€7,651
down €7,651 (-41.6%), from €18,371 to €10,721
of which Furniture and vehicles: -€7,651
- Cash +€2,314
up €2,314 (+6.1%), from €37,828 to €40,142
mainly Net result for the year (+€11,608) and Depreciation (+€7,651)
- Receivables within one year -€1,434
down €1,434 (-86.3%), from €1,661 to €227
of which Other amounts receivable: -€739
- Current portion of long-term debt -€4,911
down €4,911 (-57.8%), from €8,490 to €3,579
- Debts after one year -€3,579
down €3,579 (-100%), from €3,579 to €0
- Other debts +€2,000
up €2,000 (+19.4%), from €10,312 to €12,312
- Turnover -€18,300
down €18,300 (-33.7%), from €54,300 to €36,000
- Purchases and services -€17,377
down €17,377 (-56.3%), from €30,854 to €13,476
- Gross operating margin -€935
down €935 (-3.5%), from €27,024 to €26,089
- Staff costs -€649
no longer reported in 2025 (was €649)
- Other operating charges +€592
up €592 (+82.5%), from €718 to €1,311
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 | €58,562 | €51,827 | -€6,735 | -11.5% |
| Fixed assets | 21/28 | €18,371 | €10,721 | -€7,651 | -41.6% |
| Tangible fixed assets | 22/27 | €18,371 | €10,721 | -€7,651 | -41.6% |
| Land and buildings | 22 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €18,371 | €10,721 | -€7,651 | -41.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €40,190 | €41,106 | +€916 | +2.3% |
| Amounts receivable within one year | 40/41 | €1,661 | €227 | -€1,434 | -86.3% |
| Trade receivables | 40 | €695 | €0 | -€695 | -100% |
| Other amounts receivable | 41 | €966 | €227 | -€739 | -76.5% |
| Cash at bank and in hand | 54/58 | €37,828 | €40,142 | +€2,314 | +6.1% |
| Deferred charges and accrued income | 490/1 | €701 | €736 | +€35 | +5.0% |
| Total equity and liabilities | 10/49 | €58,562 | €51,827 | -€6,735 | -11.5% |
| Equity | 10/15 | €34,333 | €33,941 | -€392 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,733 | €15,341 | -€392 | -2.5% |
| Amounts payable | 17/49 | €24,229 | €17,886 | -€6,343 | -26.2% |
| Amounts payable after more than one year | 17 | €3,579 | €0 | -€3,579 | -100% |
| Financial debts | 170/4 | €3,579 | €0 | -€3,579 | -100% |
| Amounts payable within one year | 42/48 | €20,650 | €17,886 | -€2,764 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €8,490 | €3,579 | -€4,911 | -57.8% |
| Trade debts | 44 | €190 | €74 | -€116 | -61.0% |
| Suppliers | 440/4 | €190 | €74 | -€116 | -61.0% |
| Taxes, remuneration and social security | 45 | €1,657 | €1,921 | +€263 | +15.9% |
| Taxes | 450/3 | €1,657 | €1,921 | +€263 | +15.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,312 | €12,312 | +€2,000 | +19.4% |
| Turnover | 70 | €54,300 | €36,000 | -€18,300 | -33.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,854 | €13,476 | -€17,377 | -56.3% |
| Remuneration, social security and pensions | 62 | €649 | - | -€649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,961 | €7,651 | -€310 | -3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €718 | €1,311 | +€592 | +82.5% |
| Gross operating margin | 9900 | €27,024 | €26,089 | -€935 | -3.5% |
| Operating profit (loss) | 9901 | €17,696 | €17,128 | -€568 | -3.2% |
| Financial charges | 65/66B | €376 | €244 | -€132 | -35.2% |
| Recurring financial charges | 65 | €376 | €244 | -€132 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €17,320 | €16,884 | -€436 | -2.5% |
| Income taxes | 67/77 | €5,538 | €5,277 | -€261 | -4.7% |
| Profit (loss) for the period | 9904 | €11,783 | €11,608 | -€175 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,783 | €11,608 | -€175 | -1.5% |
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 21 October 2026 via checked.be.