Rebuildz: 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.
Rebuildz
Largest movements
- Tangible fixed assets -€17,502
down €17,502 (-49.6%), from €35,315 to €17,813
of which Furniture and vehicles: -€15,667
- Receivables within one year +€11,186
up €11,186 (+24.9%), from €44,958 to €56,145
of which Trade receivables: +€14,007
- Deferred charges and accrued income +€1,134
new in 2025: €1,134
- Profit (loss) carried forward -€51,199
down €51,199, from €9,936 to -€41,264
- Debts after one year +€29,008
new in 2025: €29,008
- Short-term financial debts +€22,096
new in 2025: €22,096
- Current portion of long-term debt +€14,460
new in 2025: €14,460
- Tax, wage and social debts -€11,134
down €11,134 (-48.2%), from €23,082 to €11,948
of which Remuneration and social security: -€5,953
- Gross operating margin -€61,872
down €61,872, from €33,619 to -€28,253
- Financial charges +€2,651
up €2,651 (+840%), from €315 to €2,966
- Taxes -€2,414
down €2,414 (-97.9%), from €2,465 to €51
- Depreciation -€1,313
down €1,313 (-6.7%), from €19,644 to €18,331
- Other operating charges +€404
up €404 (+32.1%), from €1,259 to €1,663
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 | €80,655 | €75,092 | -€5,563 | -6.9% |
| Fixed assets | 21/28 | €35,315 | €17,813 | -€17,502 | -49.6% |
| Tangible fixed assets | 22/27 | €35,315 | €17,813 | -€17,502 | -49.6% |
| Plant, machinery and equipment | 23 | €5,287 | €3,452 | -€1,836 | -34.7% |
| Furniture and vehicles | 24 | €30,028 | €14,361 | -€15,667 | -52.2% |
| Current assets | 29/58 | €45,340 | €57,279 | +€11,939 | +26.3% |
| Amounts receivable within one year | 40/41 | €44,958 | €56,145 | +€11,186 | +24.9% |
| Trade receivables | 40 | €39,999 | €54,007 | +€14,007 | +35.0% |
| Other amounts receivable | 41 | €4,959 | €2,138 | -€2,821 | -56.9% |
| Cash at bank and in hand | 54/58 | €381 | - | -€381 | |
| Deferred charges and accrued income | 490/1 | - | €1,134 | +€1,134 | |
| Total equity and liabilities | 10/49 | €80,655 | €75,092 | -€5,563 | -6.9% |
| Equity | 10/15 | €11,936 | -€39,264 | -€51,199 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,936 | -€41,264 | -€51,199 | |
| Amounts payable | 17/49 | €68,719 | €114,356 | +€45,636 | +66.4% |
| Amounts payable after more than one year | 17 | - | €29,008 | +€29,008 | |
| Financial debts | 170/4 | - | €29,008 | +€29,008 | |
| Amounts payable within one year | 42/48 | €68,719 | €85,347 | +€16,628 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,460 | +€14,460 | |
| Financial debts | 43 | - | €22,096 | +€22,096 | |
| Credit institutions | 430/8 | - | €22,096 | +€22,096 | |
| Trade debts | 44 | €40,296 | €30,085 | -€10,211 | -25.3% |
| Suppliers | 440/4 | €40,296 | €30,085 | -€10,211 | -25.3% |
| Advances received on contracts in progress | 46 | €5,027 | €5,027 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,082 | €11,948 | -€11,134 | -48.2% |
| Taxes | 450/3 | €13,053 | €7,871 | -€5,182 | -39.7% |
| Remuneration and social security | 454/9 | €10,030 | €4,077 | -€5,953 | -59.4% |
| Other amounts payable | 47/48 | €314 | €1,731 | +€1,417 | +451% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,644 | €18,331 | -€1,313 | -6.7% |
| Other operating charges | 640/8 | €1,259 | €1,663 | +€404 | +32.1% |
| Gross operating margin | 9900 | €33,619 | -€28,253 | -€61,872 | |
| Operating profit (loss) | 9901 | €12,715 | -€48,247 | -€60,963 | |
| Financial income | 75/76B | €0 | €65 | +€65 | +49,831% |
| Recurring financial income | 75 | €0 | €65 | +€65 | +49,831% |
| Financial charges | 65/66B | €315 | €2,966 | +€2,651 | +840% |
| Recurring financial charges | 65 | €315 | €2,966 | +€2,651 | +840% |
| Profit (loss) for the period before taxes | 9903 | €12,400 | -€51,148 | -€63,549 | |
| Income taxes | 67/77 | €2,465 | €51 | -€2,414 | -97.9% |
| Profit (loss) for the period | 9904 | €9,936 | -€51,199 | -€61,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,936 | -€51,199 | -€61,135 |
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 25 October 2026 via checked.be.