REDEMA: 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.
REDEMA
Largest movements
- Tangible fixed assets -€27,096
down €27,096 (-8.3%), from €327,349 to €300,253
- Cash +€15,703
up €15,703 (+48.1%), from €32,652 to €48,355
mainly Depreciation (+€31,687) and Deferred charges and accrued income (+€7,308)
- Deferred charges and accrued income -€7,308
down €7,308 (-61.1%), from €11,965 to €4,657
- Receivables after one year -€7,000
down €7,000 (-7.6%), from €92,000 to €85,000
- Receivables within one year -€5,331
down €5,331 (-57.2%), from €9,322 to €3,991
of which Other amounts receivable: -€5,338
- Reserves -€25,120
down €25,120 (-65.0%), from €38,658 to €13,538
of which Distributable reserves: -€25,120
- Accrued charges and deferred income -€8,384
down €8,384 (-80.2%), from €10,449 to €2,065
- Gross operating margin -€1,955
down €1,955 (-9.0%), from €21,635 to €19,680
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.
Cash bridge derived
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 | €473,288 | €442,256 | -€31,032 | -6.6% |
| Fixed assets | 21/28 | €327,349 | €300,253 | -€27,096 | -8.3% |
| Tangible fixed assets | 22/27 | €327,349 | €300,253 | -€27,096 | -8.3% |
| Land and buildings | 22 | €327,349 | €300,253 | -€27,096 | -8.3% |
| Current assets | 29/58 | €145,939 | €142,003 | -€3,936 | -2.7% |
| Amounts receivable after more than one year | 29 | €92,000 | €85,000 | -€7,000 | -7.6% |
| Other amounts receivable | 291 | €92,000 | €85,000 | -€7,000 | -7.6% |
| Amounts receivable within one year | 40/41 | €9,322 | €3,991 | -€5,331 | -57.2% |
| Trade receivables | 40 | - | €7 | +€7 | |
| Other amounts receivable | 41 | €9,322 | €3,984 | -€5,338 | -57.3% |
| Cash at bank and in hand | 54/58 | €32,652 | €48,355 | +€15,703 | +48.1% |
| Deferred charges and accrued income | 490/1 | €11,965 | €4,657 | -€7,308 | -61.1% |
| Total equity and liabilities | 10/49 | €473,288 | €442,256 | -€31,032 | -6.6% |
| Equity | 10/15 | €57,250 | €32,130 | -€25,120 | -43.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,658 | €13,538 | -€25,120 | -65.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,658 | €13,538 | -€25,120 | -65.0% |
| Amounts payable | 17/49 | €416,037 | €410,126 | -€5,912 | -1.4% |
| Amounts payable within one year | 42/48 | €405,588 | €408,060 | +€2,472 | +0.6% |
| Trade debts | 44 | €4,780 | €4,264 | -€516 | -10.8% |
| Suppliers | 440/4 | €4,780 | €4,264 | -€516 | -10.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €400,808 | €403,796 | +€2,988 | +0.7% |
| Accrued charges and deferred income | 492/3 | €10,449 | €2,065 | -€8,384 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,664 | €31,687 | +€23 | +0.1% |
| Other operating charges | 640/8 | €3,322 | €3,388 | +€66 | +2.0% |
| Gross operating margin | 9900 | €21,635 | €19,680 | -€1,955 | -9.0% |
| Operating profit (loss) | 9901 | -€13,351 | -€15,395 | -€2,044 | -15.3% |
| Financial income | 75/76B | €2,762 | €2,739 | -€24 | -0.9% |
| Recurring financial income | 75 | €2,762 | €2,739 | -€24 | -0.9% |
| Financial charges | 65/66B | €12,475 | €12,464 | -€10 | -0.1% |
| Recurring financial charges | 65 | €12,475 | €12,464 | -€10 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,063 | -€25,120 | -€2,057 | -8.9% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | -€23,063 | -€25,120 | -€2,057 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,063 | -€25,120 | -€2,057 | -8.9% |
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 10 October 2026 via checked.be.