REBUILDIT: 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.
REBUILDIT
Largest movements
- Receivables after one year -€116,127
no longer reported in 2025 (was €116,127)
of which Trade receivables: -€112,882
- Receivables within one year +€47,833
new in 2025: €47,833
- Tangible fixed assets -€8,840
down €8,840 (-39.7%), from €22,246 to €13,406
of which Furniture and vehicles: -€7,202
- Cash +€2,487
new in 2025: €2,487
mainly Receivables after one year (+€116,127) and Depreciation (+€8,840)
- Short-term financial debts -€49,808
no longer reported in 2025 (was €49,808)
- Trade debts -€25,919
down €25,919 (-47.0%), from €55,136 to €29,217
- Gross operating margin -€5,203
down €5,203 (-30.9%), from €16,835 to €11,632
- Taxes -€1,532
down €1,532 (-80.2%), from €1,911 to €379
- Financial charges +€502
up €502 (+150%), from €335 to €837
of which Financial charges: +€476
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 | €140,300 | €65,229 | -€75,071 | -53.5% |
| Fixed assets | 21/28 | €22,246 | €13,406 | -€8,840 | -39.7% |
| Tangible fixed assets | 22/27 | €22,246 | €13,406 | -€8,840 | -39.7% |
| Plant, machinery and equipment | 23 | €2,978 | €1,340 | -€1,638 | -55.0% |
| Furniture and vehicles | 24 | €19,268 | €12,066 | -€7,202 | -37.4% |
| Current assets | 29/58 | €118,054 | €51,823 | -€66,231 | -56.1% |
| Amounts receivable after more than one year | 29 | €116,127 | - | -€116,127 | |
| Trade receivables | 290 | €112,882 | - | -€112,882 | |
| Other amounts receivable | 291 | €3,245 | - | -€3,245 | |
| Amounts receivable within one year | 40/41 | - | €47,833 | +€47,833 | |
| Trade receivables | 40 | - | €47,833 | +€47,833 | |
| Cash at bank and in hand | 54/58 | - | €2,487 | +€2,487 | |
| Deferred charges and accrued income | 490/1 | €1,928 | €1,503 | -€425 | -22.0% |
| Total equity and liabilities | 10/49 | €140,300 | €65,229 | -€75,071 | -53.5% |
| Equity | 10/15 | €33,380 | €34,267 | +€887 | +2.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €24,525 | €24,525 | = | 0.0% |
| Distributable reserves | 133 | €24,525 | €24,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,144 | -€257 | +€887 | +77.5% |
| Amounts payable | 17/49 | €106,920 | €30,961 | -€75,959 | -71.0% |
| Amounts payable within one year | 42/48 | €106,920 | €30,961 | -€75,959 | -71.0% |
| Financial debts | 43 | €49,808 | - | -€49,808 | |
| Credit institutions | 430/8 | €49,808 | - | -€49,808 | |
| Trade debts | 44 | €55,136 | €29,217 | -€25,919 | -47.0% |
| Suppliers | 440/4 | €55,136 | €29,217 | -€25,919 | -47.0% |
| Taxes, remuneration and social security | 45 | €1,878 | €1,744 | -€135 | -7.2% |
| Taxes | 450/3 | €1,878 | €1,744 | -€135 | -7.2% |
| Other amounts payable | 47/48 | €97 | - | -€97 | |
| Non-recurring operating income | 76A | €1,566 | €34 | -€1,532 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,922 | €8,840 | -€82 | -0.9% |
| Other operating charges | 640/8 | €744 | €688 | -€56 | -7.5% |
| Non-recurring operating charges | 66A | €3 | - | -€3 | |
| Gross operating margin | 9900 | €16,835 | €11,632 | -€5,203 | -30.9% |
| Operating profit (loss) | 9901 | €7,165 | €2,104 | -€5,062 | -70.6% |
| Financial charges | 65/66B | €335 | €837 | +€502 | +150% |
| Recurring financial charges | 65 | €335 | €812 | +€476 | +142% |
| Non-recurring financial charges | 66B | - | €26 | +€26 | |
| Profit (loss) for the period before taxes | 9903 | €6,830 | €1,267 | -€5,563 | -81.5% |
| Income taxes | 67/77 | €1,911 | €379 | -€1,532 | -80.2% |
| Profit (loss) for the period | 9904 | €4,919 | €887 | -€4,032 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,919 | €887 | -€4,032 | -82.0% |
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 16 October 2026 via checked.be.