Rebovest: 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.
Rebovest
Largest movements
- Deferred charges and accrued income -€37,771
down €37,771 (-82.8%), from €45,621 to €7,850
- Tangible fixed assets +€15,928
up €15,928 (+51.5%), from €30,934 to €46,862
of which Furniture and vehicles: +€13,299
- Cash +€7,491
up €7,491 (+319%), from €2,345 to €9,837
mainly Deferred charges and accrued income (+€37,771) and Accrued charges and deferred income (+€16,988)
- Other debts -€59,914
down €59,914 (-70.1%), from €85,507 to €25,594
- Accrued charges and deferred income +€16,988
new in 2025: €16,988
- Reserves +€13,160
up €13,160 (+207%), from €6,366 to €19,526
- Debts after one year +€9,955
up €9,955 (+58.9%), from €16,914 to €26,868
- Tax, wage and social debts +€6,775
up €6,775 (+422%), from €1,604 to €8,379
- Gross operating margin +€28,008
up €28,008 (+170%), from €16,459 to €44,468
- Depreciation +€7,318
up €7,318 (+188%), from €3,888 to €11,206
- Financial charges +€6,519
up €6,519 (+210%), from €3,102 to €9,621
- Taxes +€6,174
up €6,174 (+406%), from €1,519 to €7,693
- Other operating charges +€1,050
up €1,050 (+66.4%), from €1,582 to €2,632
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 | €418,227 | €404,624 | -€13,603 | -3.3% |
| Fixed assets | 21/28 | €35,284 | €51,212 | +€15,928 | +45.1% |
| Tangible fixed assets | 22/27 | €30,934 | €46,862 | +€15,928 | +51.5% |
| Plant, machinery and equipment | 23 | €6,126 | €8,756 | +€2,630 | +42.9% |
| Furniture and vehicles | 24 | €24,807 | €38,106 | +€13,299 | +53.6% |
| Financial fixed assets | 28 | €4,350 | €4,350 | = | 0.0% |
| Current assets | 29/58 | €382,943 | €353,412 | -€29,531 | -7.7% |
| Stocks and contracts in progress | 3 | €27,500 | €27,500 | = | 0.0% |
| Stocks | 30/36 | €27,500 | €27,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €307,477 | €308,225 | +€748 | +0.2% |
| Trade receivables | 40 | €302,228 | €281,911 | -€20,317 | -6.7% |
| Other amounts receivable | 41 | €5,249 | €26,314 | +€21,065 | +401% |
| Cash at bank and in hand | 54/58 | €2,345 | €9,837 | +€7,491 | +319% |
| Deferred charges and accrued income | 490/1 | €45,621 | €7,850 | -€37,771 | -82.8% |
| Total equity and liabilities | 10/49 | €418,227 | €404,624 | -€13,603 | -3.3% |
| Equity | 10/15 | €36,366 | €49,526 | +€13,160 | +36.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €6,366 | €19,526 | +€13,160 | +207% |
| Distributable reserves | 133 | €6,366 | €19,526 | +€13,160 | +207% |
| Amounts payable | 17/49 | €381,860 | €355,097 | -€26,763 | -7.0% |
| Amounts payable after more than one year | 17 | €16,914 | €26,868 | +€9,955 | +58.9% |
| Financial debts | 170/4 | €16,914 | €26,868 | +€9,955 | +58.9% |
| Amounts payable within one year | 42/48 | €364,947 | €311,241 | -€53,705 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €4,371 | €8,492 | +€4,121 | +94.3% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €147,557 | €143,777 | -€3,780 | -2.6% |
| Suppliers | 440/4 | €147,557 | €143,777 | -€3,780 | -2.6% |
| Advances received on contracts in progress | 46 | €908 | - | -€908 | |
| Taxes, remuneration and social security | 45 | €1,604 | €8,379 | +€6,775 | +422% |
| Taxes | 450/3 | €1,604 | €8,379 | +€6,775 | +422% |
| Other amounts payable | 47/48 | €85,507 | €25,594 | -€59,914 | -70.1% |
| Accrued charges and deferred income | 492/3 | - | €16,988 | +€16,988 | |
| Remuneration, social security and pensions | 62 | €339 | €194 | -€145 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,888 | €11,206 | +€7,318 | +188% |
| Other operating charges | 640/8 | €1,582 | €2,632 | +€1,050 | +66.4% |
| Non-recurring operating charges | 66A | €145 | - | -€145 | |
| Gross operating margin | 9900 | €16,459 | €44,468 | +€28,008 | +170% |
| Operating profit (loss) | 9901 | €10,505 | €30,436 | +€19,931 | +190% |
| Financial income | 75/76B | €49 | €39 | -€10 | -20.2% |
| Recurring financial income | 75 | €49 | €39 | -€10 | -20.2% |
| Financial charges | 65/66B | €3,102 | €9,621 | +€6,519 | +210% |
| Recurring financial charges | 65 | €3,102 | €9,621 | +€6,519 | +210% |
| Profit (loss) for the period before taxes | 9903 | €7,451 | €20,853 | +€13,402 | +180% |
| Income taxes | 67/77 | €1,519 | €7,693 | +€6,174 | +406% |
| Profit (loss) for the period | 9904 | €5,932 | €13,160 | +€7,228 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €5,932 | €13,160 | +€7,228 | +122% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.