REBORN: 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.
REBORN
Largest movements
- Tangible fixed assets -€40,205
down €40,205 (-18.5%), from €217,507 to €177,302
of which Other tangible fixed assets: -€23,002
- Receivables within one year +€17,532
new in 2024: €17,532
- Debts after one year -€31,426
down €31,426 (-13.8%), from €227,061 to €195,635
- Profit (loss) carried forward +€23,972
up €23,972 (+26.5%), from -€90,474 to -€66,502
- Current portion of long-term debt -€15,678
down €15,678 (-70.6%), from €22,203 to €6,524
- Short-term financial debts +€4,020
up €4,020 (+54.5%), from €7,377 to €11,397
- Depreciation -€18,568
down €18,568 (-43.4%), from €42,764 to €24,196
- Financial charges +€4,333
up €4,333 (+40.3%), from €10,758 to €15,091
- Staff costs -€3,724
down €3,724 (-4.5%), from €83,277 to €79,553
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,903 | €200,438 | -€22,465 | -10.1% |
| Fixed assets | 21/28 | €217,507 | €177,302 | -€40,205 | -18.5% |
| Tangible fixed assets | 22/27 | €217,507 | €177,302 | -€40,205 | -18.5% |
| Plant, machinery and equipment | 23 | €1,602 | €408 | -€1,194 | -74.5% |
| Furniture and vehicles | 24 | €16,010 | - | -€16,010 | |
| Other tangible fixed assets | 26 | €199,895 | €176,894 | -€23,002 | -11.5% |
| Current assets | 29/58 | €5,396 | €23,136 | +€17,740 | +328.8% |
| Stocks and contracts in progress | 3 | €2,391 | €4,550 | +€2,159 | +90.3% |
| Stocks | 30/36 | €2,391 | €4,550 | +€2,159 | +90.3% |
| Amounts receivable within one year | 40/41 | - | €17,532 | +€17,532 | |
| Trade receivables | 40 | - | €17,532 | +€17,532 | |
| Cash at bank and in hand | 54/58 | €3,005 | €1,053 | -€1,951 | -64.9% |
| Total equity and liabilities | 10/49 | €222,903 | €200,438 | -€22,465 | -10.1% |
| Equity | 10/15 | -€71,874 | -€47,902 | +€23,972 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,474 | -€66,502 | +€23,972 | +26.5% |
| Amounts payable | 17/49 | €294,777 | €248,340 | -€46,437 | -15.8% |
| Amounts payable after more than one year | 17 | €227,061 | €195,635 | -€31,426 | -13.8% |
| Financial debts | 170/4 | €227,061 | €195,635 | -€31,426 | -13.8% |
| Amounts payable within one year | 42/48 | €65,716 | €52,705 | -€13,011 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €22,203 | €6,524 | -€15,678 | -70.6% |
| Financial debts | 43 | €7,377 | €11,397 | +€4,020 | +54.5% |
| Credit institutions | 430/8 | €7,377 | €11,397 | +€4,020 | +54.5% |
| Trade debts | 44 | €25,778 | €24,012 | -€1,766 | -6.9% |
| Suppliers | 440/4 | €25,778 | €24,012 | -€1,766 | -6.9% |
| Taxes, remuneration and social security | 45 | €10,359 | €10,772 | +€413 | +4.0% |
| Taxes | 450/3 | €4,382 | €4,749 | +€366 | +8.4% |
| Remuneration and social security | 454/9 | €5,976 | €6,023 | +€47 | +0.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €83,277 | €79,553 | -€3,724 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,764 | €24,196 | -€18,568 | -43.4% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €143,533 | €143,355 | -€179 | -0.1% |
| Operating profit (loss) | 9901 | €17,108 | €39,606 | +€22,498 | +131.5% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €10,758 | €15,091 | +€4,333 | +40.3% |
| Recurring financial charges | 65 | €10,758 | €15,091 | +€4,333 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €6,350 | €24,582 | +€18,232 | +287.1% |
| Income taxes | 67/77 | €214 | €610 | +€396 | +184.8% |
| Profit (loss) for the period | 9904 | €6,136 | €23,972 | +€17,836 | +290.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,136 | €23,972 | +€17,836 | +290.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.