REHASPORT: 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.
REHASPORT
Largest movements
- Cash -€10,525
down €10,525 (-62.3%), from €16,884 to €6,360
mainly Net result for the year (-€31,848) and Debts after one year (-€14,539)
- Receivables within one year -€10,392
down €10,392 (-52.6%), from €19,763 to €9,371
of which Other amounts receivable: -€7,638
- Tangible fixed assets -€9,995
down €9,995 (-5.4%), from €183,941 to €173,946
of which Land and buildings: -€7,784
- Profit (loss) carried forward -€31,848
down €31,848, from €14,520 to -€17,328
- Other debts +€20,399
new in 2025: €20,399
- Debts after one year -€14,539
down €14,539 (-12.5%), from €116,412 to €101,873
of which Financial debts: -€14,539
- Tax, wage and social debts -€4,046
down €4,046 (-44.6%), from €9,065 to €5,019
of which Remuneration and social security: -€4,572
- Trade debts -€2,465
down €2,465 (-59.4%), from €4,148 to €1,683
- Gross operating margin -€36,524
down €36,524, from €27,138 to -€9,387
- Financial income -€11,293
down €11,293 (-100.0%), from €11,293 to €0
- Taxes -€3,633
down €3,633 (-92.4%), from €3,930 to €297
- Financial charges -€1,462
down €1,462 (-21.6%), from €6,757 to €5,295
- Depreciation -€385
down €385 (-2.6%), from €14,957 to €14,572
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 | €229,267 | €197,375 | -€31,892 | -13.9% |
| Fixed assets | 21/28 | €191,366 | €181,371 | -€9,995 | -5.2% |
| Tangible fixed assets | 22/27 | €183,941 | €173,946 | -€9,995 | -5.4% |
| Land and buildings | 22 | €166,026 | €158,242 | -€7,784 | -4.7% |
| Plant, machinery and equipment | 23 | €12,826 | €13,512 | +€686 | +5.3% |
| Furniture and vehicles | 24 | €5,090 | €2,192 | -€2,898 | -56.9% |
| Financial fixed assets | 28 | €7,425 | €7,425 | = | 0.0% |
| Current assets | 29/58 | €37,901 | €16,004 | -€21,897 | -57.8% |
| Amounts receivable within one year | 40/41 | €19,763 | €9,371 | -€10,392 | -52.6% |
| Trade receivables | 40 | €12,126 | €9,371 | -€2,754 | -22.7% |
| Other amounts receivable | 41 | €7,638 | - | -€7,638 | |
| Cash at bank and in hand | 54/58 | €16,884 | €6,360 | -€10,525 | -62.3% |
| Deferred charges and accrued income | 490/1 | €1,254 | €273 | -€981 | -78.2% |
| Total equity and liabilities | 10/49 | €229,267 | €197,375 | -€31,892 | -13.9% |
| Equity | 10/15 | €85,709 | €53,861 | -€31,848 | -37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,590 | €52,590 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,680 | €1,680 | = | 0.0% |
| Legal reserve | 130 | €1,680 | €1,680 | = | 0.0% |
| Distributable reserves | 133 | €50,909 | €50,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,520 | -€17,328 | -€31,848 | |
| Amounts payable | 17/49 | €143,558 | €143,514 | -€44 | 0.0% |
| Amounts payable after more than one year | 17 | €116,412 | €101,873 | -€14,539 | -12.5% |
| Financial debts | 170/4 | €101,912 | €87,373 | -€14,539 | -14.3% |
| Other amounts payable | 178/9 | €14,500 | €14,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,146 | €41,640 | +€14,495 | +53.4% |
| Current portion of amounts payable after more than one year | 42 | €13,932 | €14,539 | +€606 | +4.4% |
| Trade debts | 44 | €4,148 | €1,683 | -€2,465 | -59.4% |
| Suppliers | 440/4 | €4,148 | €1,683 | -€2,465 | -59.4% |
| Taxes, remuneration and social security | 45 | €9,065 | €5,019 | -€4,046 | -44.6% |
| Taxes | 450/3 | €4,494 | €5,019 | +€526 | +11.7% |
| Remuneration and social security | 454/9 | €4,572 | - | -€4,572 | |
| Other amounts payable | 47/48 | - | €20,399 | +€20,399 | |
| Non-recurring operating income | 76A | €3,125 | - | -€3,125 | |
| Remuneration, social security and pensions | 62 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,957 | €14,572 | -€385 | -2.6% |
| Other operating charges | 640/8 | €2,403 | €2,097 | -€306 | -12.7% |
| Gross operating margin | 9900 | €27,138 | -€9,387 | -€36,524 | |
| Operating profit (loss) | 9901 | €9,778 | -€26,256 | -€36,034 | |
| Financial income | 75/76B | €11,293 | €0 | -€11,293 | -100.0% |
| Recurring financial income | 75 | €11,293 | €0 | -€11,293 | -100.0% |
| Financial charges | 65/66B | €6,757 | €5,295 | -€1,462 | -21.6% |
| Recurring financial charges | 65 | €6,757 | €5,295 | -€1,462 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €14,314 | -€31,551 | -€45,864 | |
| Income taxes | 67/77 | €3,930 | €297 | -€3,633 | -92.4% |
| Profit (loss) for the period | 9904 | €10,384 | -€31,848 | -€42,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,384 | -€31,848 | -€42,232 |
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 31 October 2026 via checked.be.