REHAB: 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.
REHAB
Largest movements
- Receivables within one year -€227,847
down €227,847 (-59.2%), from €384,867 to €157,020
of which Other amounts receivable: -€229,136
- Tangible fixed assets -€54,615
down €54,615 (-31.7%), from €172,362 to €117,747
of which Plant, machinery and equipment: -€36,029
- Deferred charges and accrued income -€26,597
down €26,597 (-56.0%), from €47,480 to €20,884
- Current investments -€19,525
down €19,525 (-16.3%), from €120,145 to €100,620
- Cash -€9,840
down €9,840 (-46.3%), from €21,262 to €11,423
mainly Contributions, distributions and other (-€318,957) and Net result for the year (-€30,561)
- Reserves -€349,518
down €349,518 (-55.9%), from €625,080 to €275,562
- Debts after one year -€28,948
down €28,948 (-34.5%), from €83,857 to €54,908
- Tax, wage and social debts +€19,139
new in 2025: €19,139
- Other debts +€13,506
up €13,506 (+326%), from €4,140 to €17,645
- Gross operating margin -€31,016
down €31,016 (-57.0%), from €54,396 to €23,380
- Depreciation +€6,573
up €6,573 (+11.2%), from €58,666 to €65,239
- Financial income +€6,314
up €6,314 (+39.3%), from €16,083 to €22,397
- Taxes -€3,950
down €3,950 (-89.0%), from €4,438 to €488
- Other operating charges +€3,909
up €3,909 (+99.6%), from €3,927 to €7,836
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 | €749,018 | €408,998 | -€340,021 | -45.4% |
| Fixed assets | 21/28 | €175,264 | €119,051 | -€56,213 | -32.1% |
| Intangible fixed assets | 21 | €2,901 | €1,304 | -€1,597 | -55.1% |
| Tangible fixed assets | 22/27 | €172,362 | €117,747 | -€54,615 | -31.7% |
| Plant, machinery and equipment | 23 | €71,514 | €35,485 | -€36,029 | -50.4% |
| Furniture and vehicles | 24 | €2,155 | €2,167 | +€12 | +0.5% |
| Leasing and similar rights | 25 | €85,752 | €67,684 | -€18,069 | -21.1% |
| Other tangible fixed assets | 26 | €12,941 | €12,412 | -€529 | -4.1% |
| Current assets | 29/58 | €573,755 | €289,947 | -€283,808 | -49.5% |
| Amounts receivable within one year | 40/41 | €384,867 | €157,020 | -€227,847 | -59.2% |
| Trade receivables | 40 | €24,934 | €26,223 | +€1,289 | +5.2% |
| Other amounts receivable | 41 | €359,933 | €130,797 | -€229,136 | -63.7% |
| Current investments | 50/53 | €120,145 | €100,620 | -€19,525 | -16.3% |
| Cash at bank and in hand | 54/58 | €21,262 | €11,423 | -€9,840 | -46.3% |
| Deferred charges and accrued income | 490/1 | €47,480 | €20,884 | -€26,597 | -56.0% |
| Total equity and liabilities | 10/49 | €749,018 | €408,998 | -€340,021 | -45.4% |
| Equity | 10/15 | €631,280 | €281,762 | -€349,518 | -55.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €625,080 | €275,562 | -€349,518 | -55.9% |
| Distributable reserves | 133 | €625,080 | €275,562 | -€349,518 | -55.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,738 | €127,236 | +€9,498 | +8.1% |
| Amounts payable after more than one year | 17 | €83,857 | €54,908 | -€28,948 | -34.5% |
| Financial debts | 170/4 | €83,857 | €54,908 | -€28,948 | -34.5% |
| Amounts payable within one year | 42/48 | €33,882 | €72,327 | +€38,446 | +113% |
| Current portion of amounts payable after more than one year | 42 | €28,255 | €28,948 | +€693 | +2.5% |
| Trade debts | 44 | €1,487 | €6,595 | +€5,108 | +344% |
| Suppliers | 440/4 | €1,487 | €6,595 | +€5,108 | +344% |
| Taxes, remuneration and social security | 45 | - | €19,139 | +€19,139 | |
| Taxes | 450/3 | - | €19,139 | +€19,139 | |
| Other amounts payable | 47/48 | €4,140 | €17,645 | +€13,506 | +326% |
| Non-recurring operating income | 76A | €10,600 | €0 | -€10,600 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,666 | €65,239 | +€6,573 | +11.2% |
| Other operating charges | 640/8 | €3,927 | €7,836 | +€3,909 | +99.6% |
| Gross operating margin | 9900 | €54,396 | €23,380 | -€31,016 | -57.0% |
| Operating profit (loss) | 9901 | -€8,197 | -€49,695 | -€41,498 | -506% |
| Financial income | 75/76B | €16,083 | €22,397 | +€6,314 | +39.3% |
| Recurring financial income | 75 | €16,083 | €22,397 | +€6,314 | +39.3% |
| Financial charges | 65/66B | €1,696 | €2,776 | +€1,080 | +63.7% |
| Recurring financial charges | 65 | €1,696 | €2,776 | +€1,080 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €6,190 | -€30,073 | -€36,264 | |
| Income taxes | 67/77 | €4,438 | €488 | -€3,950 | -89.0% |
| Profit (loss) for the period | 9904 | €1,753 | -€30,561 | -€32,314 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,753 | -€30,561 | -€32,314 |
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 14 October 2026 via checked.be.