REBELLE: 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.
REBELLE
Largest movements
- Tangible fixed assets -€21,603
down €21,603 (-13.1%), from €164,400 to €142,797
of which Land and buildings: -€19,950
- Stocks and contracts +€4,485
up €4,485 (+16.3%), from €27,433 to €31,918
- Receivables within one year +€4,056
up €4,056 (+8784.8%), from €46 to €4,102
of which Other amounts receivable: +€4,056
- Debts after one year -€16,545
down €16,545 (-11.4%), from €144,814 to €128,269
- Tax, wage and social debts -€10,863
down €10,863 (-76.8%), from €14,153 to €3,290
- Trade debts +€9,818
up €9,818 (+79.0%), from €12,425 to €22,243
- Reserves +€6,847
up €6,847 (+38.0%), from €18,018 to €24,865
- Profit (loss) carried forward -€5,714
down €5,714 (-28.1%), from €20,366 to €14,652
- Gross operating margin -€15,928
down €15,928 (-30.0%), from €53,022 to €37,094
- Taxes -€6,397
down €6,397 (-59.1%), from €10,826 to €4,429
- Staff costs -€1,200
down €1,200 (-100.0%), from €1,200 to €0
- Other operating charges +€961
up €961 (+54.4%), from €1,769 to €2,730
- Write-downs +€715
up €715, from -€293 to €422
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 | €240,958 | €229,243 | -€11,714 | -4.9% |
| Fixed assets | 21/28 | €164,400 | €142,797 | -€21,603 | -13.1% |
| Tangible fixed assets | 22/27 | €164,400 | €142,797 | -€21,603 | -13.1% |
| Land and buildings | 22 | €161,539 | €141,589 | -€19,950 | -12.4% |
| Furniture and vehicles | 24 | €2,861 | €1,208 | -€1,653 | -57.8% |
| Current assets | 29/58 | €76,557 | €86,446 | +€9,889 | +12.9% |
| Stocks and contracts in progress | 3 | €27,433 | €31,918 | +€4,485 | +16.3% |
| Stocks | 30/36 | €27,433 | €31,918 | +€4,485 | +16.3% |
| Amounts receivable within one year | 40/41 | €46 | €4,102 | +€4,056 | +8784.8% |
| Trade receivables | 40 | €46 | €46 | = | 0.0% |
| Other amounts receivable | 41 | - | €4,056 | +€4,056 | |
| Cash at bank and in hand | 54/58 | €48,188 | €48,812 | +€624 | +1.3% |
| Deferred charges and accrued income | 490/1 | €891 | €1,614 | +€724 | +81.3% |
| Total equity and liabilities | 10/49 | €240,958 | €229,243 | -€11,714 | -4.9% |
| Equity | 10/15 | €51,384 | €52,517 | +€1,132 | +2.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €18,018 | €24,865 | +€6,847 | +38.0% |
| Distributable reserves | 133 | €18,018 | €24,865 | +€6,847 | +38.0% |
| Profit (loss) carried forward | 14 | €20,366 | €14,652 | -€5,714 | -28.1% |
| Amounts payable | 17/49 | €189,573 | €176,727 | -€12,847 | -6.8% |
| Amounts payable after more than one year | 17 | €144,814 | €128,269 | -€16,545 | -11.4% |
| Financial debts | 170/4 | €144,814 | €128,269 | -€16,545 | -11.4% |
| Amounts payable within one year | 42/48 | €44,759 | €48,457 | +€3,698 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €16,280 | €17,209 | +€929 | +5.7% |
| Trade debts | 44 | €12,425 | €22,243 | +€9,818 | +79.0% |
| Suppliers | 440/4 | €12,425 | €22,243 | +€9,818 | +79.0% |
| Taxes, remuneration and social security | 45 | €14,153 | €3,290 | -€10,863 | -76.8% |
| Taxes | 450/3 | €14,153 | €3,290 | -€10,863 | -76.8% |
| Other amounts payable | 47/48 | €1,900 | €5,714 | +€3,814 | +200.8% |
| Remuneration, social security and pensions | 62 | €1,200 | €0 | -€1,200 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,963 | €21,603 | -€360 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€293 | €422 | +€715 | |
| Other operating charges | 640/8 | €1,769 | €2,730 | +€961 | +54.4% |
| Gross operating margin | 9900 | €53,022 | €37,094 | -€15,928 | -30.0% |
| Operating profit (loss) | 9901 | €28,384 | €12,338 | -€16,045 | -56.5% |
| Financial income | 75/76B | €1,822 | €2,039 | +€217 | +11.9% |
| Recurring financial income | 75 | €1,822 | €2,039 | +€217 | +11.9% |
| Financial charges | 65/66B | €3,221 | €3,102 | -€119 | -3.7% |
| Recurring financial charges | 65 | €3,221 | €3,102 | -€119 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €26,984 | €11,275 | -€15,709 | -58.2% |
| Income taxes | 67/77 | €10,826 | €4,429 | -€6,397 | -59.1% |
| Profit (loss) for the period | 9904 | €16,158 | €6,847 | -€9,312 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,158 | €6,847 | -€9,312 | -57.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.