REBELIOT: 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.
REBELIOT
Largest movements
- Receivables within one year +€10,393
up €10,393 (+30.0%), from €34,590 to €44,983
of which Trade receivables: +€10,457
- Cash +€1,157
up €1,157 (+11.4%), from €10,137 to €11,295
mainly Tax, wage and social debts (+€11,596) and Net result for the year (+€10,718)
- Tax, wage and social debts +€11,596
up €11,596 (+81.4%), from €14,244 to €25,840
- Profit (loss) carried forward +€10,718
up €10,718 (+23.0%), from -€46,513 to -€35,794
- Other debts -€8,711
down €8,711 (-20.0%), from €43,625 to €34,914
- Trade debts -€2,271
down €2,271 (-53.5%), from €4,246 to €1,976
- Gross operating margin -€57,538
down €57,538 (-78.1%), from €73,633 to €16,095
- Taxes +€3,495
up €3,495 (+432.8%), from €808 to €4,303
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.
Cash bridge derived
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 | €46,753 | €58,085 | +€11,332 | +24.2% |
| Fixed assets | 21/28 | €1,062 | €531 | -€531 | -50.0% |
| Tangible fixed assets | 22/27 | €1,062 | €531 | -€531 | -50.0% |
| Furniture and vehicles | 24 | €1,062 | €531 | -€531 | -50.0% |
| Current assets | 29/58 | €45,691 | €57,554 | +€11,863 | +26.0% |
| Amounts receivable within one year | 40/41 | €34,590 | €44,983 | +€10,393 | +30.0% |
| Trade receivables | 40 | €34,526 | €44,983 | +€10,457 | +30.3% |
| Other amounts receivable | 41 | €64 | €0 | -€64 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,137 | €11,295 | +€1,157 | +11.4% |
| Deferred charges and accrued income | 490/1 | €964 | €1,277 | +€313 | +32.4% |
| Total equity and liabilities | 10/49 | €46,753 | €58,085 | +€11,332 | +24.2% |
| Equity | 10/15 | -€15,363 | -€4,644 | +€10,718 | +69.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,513 | -€35,794 | +€10,718 | +23.0% |
| Amounts payable | 17/49 | €62,116 | €62,730 | +€614 | +1.0% |
| Amounts payable within one year | 42/48 | €62,116 | €62,730 | +€614 | +1.0% |
| Trade debts | 44 | €4,246 | €1,976 | -€2,271 | -53.5% |
| Suppliers | 440/4 | €4,246 | €1,976 | -€2,271 | -53.5% |
| Taxes, remuneration and social security | 45 | €14,244 | €25,840 | +€11,596 | +81.4% |
| Taxes | 450/3 | €14,244 | €25,840 | +€11,596 | +81.4% |
| Other amounts payable | 47/48 | €43,625 | €34,914 | -€8,711 | -20.0% |
| Non-recurring operating income | 76A | €150 | - | -€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €767 | €531 | -€236 | -30.7% |
| Other operating charges | 640/8 | €785 | €208 | -€576 | -73.4% |
| Gross operating margin | 9900 | €73,633 | €16,095 | -€57,538 | -78.1% |
| Operating profit (loss) | 9901 | €72,081 | €15,355 | -€56,726 | -78.7% |
| Financial charges | 65/66B | €705 | €334 | -€371 | -52.7% |
| Recurring financial charges | 65 | €705 | €334 | -€371 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €71,376 | €15,021 | -€56,355 | -79.0% |
| Income taxes | 67/77 | €808 | €4,303 | +€3,495 | +432.8% |
| Profit (loss) for the period | 9904 | €70,569 | €10,718 | -€59,850 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,569 | €10,718 | -€59,850 | -84.8% |
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 8 October 2026 via checked.be.