REBUILDEX: 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.
REBUILDEX
Largest movements
- Receivables within one year +€96,891
up €96,891 (+782%), from €12,397 to €109,288
of which Other amounts receivable: +€70,518
- Tangible fixed assets +€22,319
up €22,319 (+162%), from €13,752 to €36,071
of which Furniture and vehicles: +€23,126
- Cash +€21,019
up €21,019 (+2,865%), from €734 to €21,753
mainly Trade debts (+€101,322) and Net result for the year (+€33,189)
- Trade debts +€101,322
up €101,322 (+1,633%), from €6,205 to €107,527
- Profit (loss) carried forward +€33,189
up €33,189 (+400%), from €8,289 to €41,477
- Tax, wage and social debts +€6,225
up €6,225 (+300%), from €2,072 to €8,297
- Turnover -€329,827
no longer reported in 2025 (was €329,827)
- Purchases and services -€311,963
no longer reported in 2025 (was €311,963)
- Gross operating margin +€34,247
up €34,247 (+192%), from €17,864 to €52,111
- Taxes +€6,930
up €6,930 (+334%), from €2,072 to €9,003
- Depreciation +€3,449
up €3,449 (+95.3%), from €3,619 to €7,068
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 | €26,883 | €168,113 | +€141,230 | +525% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,752 | €37,071 | +€23,319 | +170% |
| Tangible fixed assets | 22/27 | €13,752 | €36,071 | +€22,319 | +162% |
| Plant, machinery and equipment | 23 | €2,638 | €1,831 | -€807 | -30.6% |
| Furniture and vehicles | 24 | €11,114 | €34,240 | +€23,126 | +208% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €13,131 | €131,041 | +€117,911 | +898% |
| Amounts receivable within one year | 40/41 | €12,397 | €109,288 | +€96,891 | +782% |
| Trade receivables | 40 | €12,000 | €38,373 | +€26,373 | +220% |
| Other amounts receivable | 41 | €397 | €70,915 | +€70,518 | +17,757% |
| Cash at bank and in hand | 54/58 | €734 | €21,753 | +€21,019 | +2,865% |
| Total equity and liabilities | 10/49 | €26,883 | €168,113 | +€141,230 | +525% |
| Equity | 10/15 | €10,789 | €43,977 | +€33,189 | +308% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,289 | €41,477 | +€33,189 | +400% |
| Amounts payable | 17/49 | €16,094 | €124,135 | +€108,041 | +671% |
| Amounts payable within one year | 42/48 | €16,094 | €124,135 | +€108,041 | +671% |
| Trade debts | 44 | €6,205 | €107,527 | +€101,322 | +1,633% |
| Suppliers | 440/4 | €6,205 | €107,527 | +€101,322 | +1,633% |
| Taxes, remuneration and social security | 45 | €2,072 | €8,297 | +€6,225 | +300% |
| Taxes | 450/3 | €2,072 | €8,297 | +€6,225 | +300% |
| Other amounts payable | 47/48 | €7,817 | €8,311 | +€494 | +6.3% |
| Turnover | 70 | €329,827 | - | -€329,827 | |
| Goods, raw materials, services and sundry goods | 60/61 | €311,963 | - | -€311,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,619 | €7,068 | +€3,449 | +95.3% |
| Other operating charges | 640/8 | €732 | €189 | -€542 | -74.1% |
| Gross operating margin | 9900 | €17,864 | €52,111 | +€34,247 | +192% |
| Operating profit (loss) | 9901 | €13,513 | €44,853 | +€31,340 | +232% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €3,152 | €2,668 | -€484 | -15.3% |
| Recurring financial charges | 65 | €3,152 | €2,668 | -€484 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €10,361 | €42,191 | +€31,830 | +307% |
| Income taxes | 67/77 | €2,072 | €9,003 | +€6,930 | +334% |
| Profit (loss) for the period | 9904 | €8,289 | €33,189 | +€24,900 | +300% |
| Profit (loss) for the period to be appropriated | 9905 | €8,289 | €33,189 | +€24,900 | +300% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.