REBOND: 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.
REBOND
Largest movements
- Cash -€38,239
down €38,239 (-15.1%), from €253,184 to €214,945
mainly Tax, wage and social debts (-€40,759) and Other debts (-€6,098)
- Tangible fixed assets -€9,393
down €9,393 (-61.6%), from €15,260 to €5,867
- Tax, wage and social debts -€40,759
down €40,759 (-95.1%), from €42,858 to €2,099
- Other debts -€6,098
down €6,098 (-8.5%), from €71,322 to €65,224
- Profit (loss) carried forward -€3,115
down €3,115 (-13.7%), from €22,710 to €19,595
- Gross operating margin +€7,127
up €7,127 (+97100.0%), from €7 to €7,134
- Financial income -€990
down €990 (-65.9%), from €1,503 to €513
- Taxes -€494
down €494 (-50.6%), from €978 to €483
- Other operating charges +€252
up €252 (+51.0%), from €494 to €746
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 | €271,629 | €221,714 | -€49,915 | -18.4% |
| Fixed assets | 21/28 | €15,309 | €5,917 | -€9,393 | -61.4% |
| Tangible fixed assets | 22/27 | €15,260 | €5,867 | -€9,393 | -61.6% |
| Furniture and vehicles | 24 | €15,260 | €5,867 | -€9,393 | -61.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €256,320 | €215,798 | -€40,523 | -15.8% |
| Amounts receivable within one year | 40/41 | €567 | - | -€567 | |
| Other amounts receivable | 41 | €567 | - | -€567 | |
| Cash at bank and in hand | 54/58 | €253,184 | €214,945 | -€38,239 | -15.1% |
| Deferred charges and accrued income | 490/1 | €2,569 | €852 | -€1,716 | -66.8% |
| Total equity and liabilities | 10/49 | €271,629 | €221,714 | -€49,915 | -18.4% |
| Equity | 10/15 | €156,852 | €153,737 | -€3,115 | -2.0% |
| Contributions | 10/11 | €70,300 | €70,300 | = | 0.0% |
| Reserves | 13 | €63,843 | €63,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,040 | €2,040 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,040 | €2,040 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,803 | €1,803 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,710 | €19,595 | -€3,115 | -13.7% |
| Amounts payable | 17/49 | €114,777 | €67,977 | -€46,800 | -40.8% |
| Amounts payable within one year | 42/48 | €114,752 | €67,802 | -€46,950 | -40.9% |
| Trade debts | 44 | €573 | €480 | -€93 | -16.3% |
| Suppliers | 440/4 | €573 | €480 | -€93 | -16.3% |
| Taxes, remuneration and social security | 45 | €42,858 | €2,099 | -€40,759 | -95.1% |
| Taxes | 450/3 | €42,858 | €2,099 | -€40,759 | -95.1% |
| Other amounts payable | 47/48 | €71,322 | €65,224 | -€6,098 | -8.5% |
| Accrued charges and deferred income | 492/3 | €25 | €175 | +€150 | +602.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,393 | €9,393 | = | 0.0% |
| Other operating charges | 640/8 | €494 | €746 | +€252 | +51.0% |
| Gross operating margin | 9900 | €7 | €7,134 | +€7,127 | +97100.0% |
| Operating profit (loss) | 9901 | -€9,879 | -€3,004 | +€6,875 | +69.6% |
| Financial income | 75/76B | €1,503 | €513 | -€990 | -65.9% |
| Recurring financial income | 75 | €1,503 | €513 | -€990 | -65.9% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,517 | -€2,632 | +€5,885 | +69.1% |
| Income taxes | 67/77 | €978 | €483 | -€494 | -50.6% |
| Profit (loss) for the period | 9904 | -€9,494 | -€3,115 | +€6,379 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,494 | -€3,115 | +€6,379 | +67.2% |
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 3 October 2026 via checked.be.