Rehoco: 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.
Rehoco
Largest movements
- Cash -€96,375
down €96,375 (-93.3%), from €103,330 to €6,955
mainly Receivables after one year (-€43,419) and Debts after one year (-€43,229)
- Receivables after one year +€43,419
up €43,419 (+2.6%), from €1.7m to €1.7m
- Debts after one year -€43,229
down €43,229 (-62.6%), from €69,003 to €25,774
- Staff costs +€11,259
up €11,259 (+28.7%), from €39,190 to €50,449
- Gross operating margin -€5,482
down €5,482 (-62.4%), from €8,791 to €3,309
- Taxes +€1,265
up €1,265 (+177%), from €714 to €1,979
- Financial charges -€1,263
down €1,263 (-25.4%), from €4,982 to €3,719
- Other operating charges -€590
down €590 (-31.4%), from €1,879 to €1,289
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 | €2,286,492 | €2,252,424 | -€34,068 | -1.5% |
| Fixed assets | 21/28 | €4,565 | €3,704 | -€861 | -18.9% |
| Tangible fixed assets | 22/27 | €4,094 | €3,233 | -€861 | -21.0% |
| Plant, machinery and equipment | 23 | €162 | €0 | -€162 | -100% |
| Furniture and vehicles | 24 | €1,842 | €1,142 | -€700 | -38.0% |
| Other tangible fixed assets | 26 | €2,091 | €2,091 | = | 0.0% |
| Financial fixed assets | 28 | €471 | €471 | = | 0.0% |
| Current assets | 29/58 | €2,281,926 | €2,248,720 | -€33,207 | -1.5% |
| Amounts receivable after more than one year | 29 | €1,669,942 | €1,713,361 | +€43,419 | +2.6% |
| Other amounts receivable | 291 | €1,669,942 | €1,713,361 | +€43,419 | +2.6% |
| Amounts receivable within one year | 40/41 | €507,912 | €527,527 | +€19,614 | +3.9% |
| Trade receivables | 40 | €276,150 | €257,025 | -€19,125 | -6.9% |
| Other amounts receivable | 41 | €231,762 | €270,502 | +€38,739 | +16.7% |
| Cash at bank and in hand | 54/58 | €103,330 | €6,955 | -€96,375 | -93.3% |
| Deferred charges and accrued income | 490/1 | €741 | €877 | +€135 | +18.3% |
| Total equity and liabilities | 10/49 | €2,286,492 | €2,252,424 | -€34,068 | -1.5% |
| Equity | 10/15 | €2,155,917 | €2,155,917 | -€0 | 0.0% |
| Contributions | 10/11 | €243,161 | €243,161 | = | 0.0% |
| Reserves | 13 | €1,912,756 | €1,912,756 | -€0 | 0.0% |
| Distributable reserves | 133 | €1,912,756 | €1,912,756 | -€0 | 0.0% |
| Amounts payable | 17/49 | €130,575 | €96,507 | -€34,068 | -26.1% |
| Amounts payable after more than one year | 17 | €69,003 | €25,774 | -€43,229 | -62.6% |
| Financial debts | 170/4 | €69,003 | €25,774 | -€43,229 | -62.6% |
| Amounts payable within one year | 42/48 | €61,107 | €70,733 | +€9,626 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €42,050 | €43,229 | +€1,179 | +2.8% |
| Trade debts | 44 | €6,688 | €14,388 | +€7,701 | +115% |
| Suppliers | 440/4 | €6,688 | €14,388 | +€7,701 | +115% |
| Taxes, remuneration and social security | 45 | €8,294 | €9,040 | +€746 | +9.0% |
| Taxes | 450/3 | €1,810 | €2,316 | +€506 | +28.0% |
| Remuneration and social security | 454/9 | €6,484 | €6,724 | +€241 | +3.7% |
| Other amounts payable | 47/48 | €4,076 | €4,076 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €465 | €0 | -€465 | -100% |
| Remuneration, social security and pensions | 62 | €39,190 | €50,449 | +€11,259 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,346 | €861 | -€484 | -36.0% |
| Other operating charges | 640/8 | €1,879 | €1,289 | -€590 | -31.4% |
| Gross operating margin | 9900 | €8,791 | €3,309 | -€5,482 | -62.4% |
| Operating profit (loss) | 9901 | -€33,624 | -€49,290 | -€15,666 | -46.6% |
| Financial income | 75/76B | €55,543 | €54,988 | -€555 | -1.0% |
| Recurring financial income | 75 | €55,543 | €54,988 | -€555 | -1.0% |
| Financial charges | 65/66B | €4,982 | €3,719 | -€1,263 | -25.4% |
| Recurring financial charges | 65 | €4,982 | €3,719 | -€1,263 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €16,937 | €1,979 | -€14,958 | -88.3% |
| Income taxes | 67/77 | €714 | €1,979 | +€1,265 | +177% |
| Profit (loss) for the period | 9904 | €16,223 | -€0 | -€16,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,223 | -€0 | -€16,223 |
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 20 October 2026 via checked.be.