Rebel Enterprises: 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 Enterprises
Largest movements
- Cash +€151,468
up €151,468 (+338%), from €44,866 to €196,334
mainly Net result for the year (+€249,152) and Contributions, distributions and other (+€205,000)
- Tangible fixed assets +€135,620
up €135,620 (+11.4%), from €1.2m to €1.3m
of which Land and buildings: +€177,964
- Stocks and contracts -€116,300
down €116,300 (-100%), from €116,300 to €0
- Receivables within one year -€49,868
down €49,868 (-100%), from €49,868 to €0
of which Trade receivables: -€48,675
- Other debts -€477,708
down €477,708 (-95.4%), from €500,977 to €23,269
- Profit (loss) carried forward +€249,152
up €249,152 (+82.5%), from -€301,924 to -€52,772
- Revaluation surpluses +€205,000
up €205,000 (+25.6%), from €800,000 to €1.0m
- Tax, wage and social debts +€139,166
new in 2025: €139,166
- Debts after one year -€77,359
down €77,359 (-100%), from €77,359 to €0
- Gross operating margin +€221,310
up €221,310 (+334%), from €66,252 to €287,562
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 | €1,401,275 | €1,517,373 | +€116,098 | +8.3% |
| Fixed assets | 21/28 | €1,185,420 | €1,321,040 | +€135,620 | +11.4% |
| Tangible fixed assets | 22/27 | €1,185,420 | €1,321,040 | +€135,620 | +11.4% |
| Land and buildings | 22 | €1,143,076 | €1,321,040 | +€177,964 | +15.6% |
| Plant, machinery and equipment | 23 | €1,310 | €0 | -€1,310 | -100% |
| Furniture and vehicles | 24 | €1,034 | €0 | -€1,034 | -100% |
| Other tangible fixed assets | 26 | €40,000 | €0 | -€40,000 | -100% |
| Current assets | 29/58 | €215,855 | €196,334 | -€19,521 | -9.0% |
| Stocks and contracts in progress | 3 | €116,300 | €0 | -€116,300 | -100% |
| Stocks | 30/36 | €116,300 | €0 | -€116,300 | -100% |
| Amounts receivable within one year | 40/41 | €49,868 | €0 | -€49,868 | -100% |
| Trade receivables | 40 | €48,675 | €0 | -€48,675 | -100% |
| Other amounts receivable | 41 | €1,193 | €0 | -€1,193 | -100% |
| Cash at bank and in hand | 54/58 | €44,866 | €196,334 | +€151,468 | +338% |
| Deferred charges and accrued income | 490/1 | €4,821 | €0 | -€4,821 | -100% |
| Total equity and liabilities | 10/49 | €1,401,275 | €1,517,373 | +€116,098 | +8.3% |
| Equity | 10/15 | €804,105 | €1,258,257 | +€454,152 | +56.5% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | - | -€300,000 | |
| Issued capital | 100 | €300,000 | - | -€300,000 | |
| Contributions outside capital | 11 | - | €300,000 | +€300,000 | |
| Other | 1109/19 | - | €300,000 | +€300,000 | |
| Revaluation surpluses | 12 | €800,000 | €1,005,000 | +€205,000 | +25.6% |
| Reserves | 13 | €6,029 | €6,029 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,029 | €6,029 | -€0 | 0.0% |
| Legal reserve | 130 | €6,029 | - | -€6,029 | |
| Reserves not available under the articles | 1311 | - | €6,029 | +€6,029 | |
| Profit (loss) carried forward | 14 | -€301,924 | -€52,772 | +€249,152 | +82.5% |
| Amounts payable | 17/49 | €597,170 | €259,116 | -€338,054 | -56.6% |
| Amounts payable after more than one year | 17 | €77,359 | €0 | -€77,359 | -100% |
| Financial debts | 170/4 | €77,359 | €0 | -€77,359 | -100% |
| Amounts payable within one year | 42/48 | €519,811 | €259,116 | -€260,695 | -50.2% |
| Current portion of amounts payable after more than one year | 42 | €9,228 | €74,618 | +€65,390 | +709% |
| Trade debts | 44 | €9,606 | €22,063 | +€12,457 | +130% |
| Suppliers | 440/4 | €9,606 | €22,063 | +€12,457 | +130% |
| Taxes, remuneration and social security | 45 | - | €139,166 | +€139,166 | |
| Taxes | 450/3 | - | €139,166 | +€139,166 | |
| Other amounts payable | 47/48 | €500,977 | €23,269 | -€477,708 | -95.4% |
| Non-recurring operating income | 76A | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,908 | €13,182 | -€726 | -5.2% |
| Other operating charges | 640/8 | €3,491 | €6,336 | +€2,845 | +81.5% |
| Non-recurring operating charges | 66A | - | €14,309 | +€14,309 | |
| Gross operating margin | 9900 | €66,252 | €287,562 | +€221,310 | +334% |
| Operating profit (loss) | 9901 | €48,853 | €253,734 | +€204,881 | +419% |
| Financial income | 75/76B | €224 | €660 | +€436 | +194% |
| Recurring financial income | 75 | €224 | €660 | +€436 | +194% |
| Financial charges | 65/66B | €3,749 | €3,845 | +€96 | +2.6% |
| Recurring financial charges | 65 | €3,749 | €3,845 | +€96 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €45,328 | €250,549 | +€205,221 | +453% |
| Income taxes | 67/77 | - | €1,397 | +€1,397 | |
| Profit (loss) for the period | 9904 | €45,328 | €249,152 | +€203,824 | +450% |
| Profit (loss) for the period to be appropriated | 9905 | €45,328 | €249,152 | +€203,824 | +450% |
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 31 October 2026 via checked.be.