REJKO: 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.
REJKO
Largest movements
- Receivables within one year -€20,535
down €20,535 (-20.4%), from €100,829 to €80,294
of which Trade receivables: -€30,528
- Tangible fixed assets -€12,595
down €12,595 (-87.3%), from €14,432 to €1,837
of which Furniture and vehicles: -€11,035
- Profit (loss) carried forward -€26,918
down €26,918 (-24.5%), from €109,753 to €82,835
- Trade debts -€3,152
down €3,152 (-99.5%), from €3,167 to €16
- Other debts -€2,192
no longer reported in 2025 (was €2,192)
- Gross operating margin -€37,227
down €37,227, from €16,435 to -€20,792
- Taxes -€6,318
down €6,318 (-94.4%), from €6,696 to €378
- Depreciation -€3,397
down €3,397 (-51.0%), from €6,657 to €3,260
- Financial income +€482
up €482 (+18.4%), from €2,627 to €3,109
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 | €127,301 | €95,039 | -€32,262 | -25.3% |
| Fixed assets | 21/28 | €14,432 | €1,837 | -€12,595 | -87.3% |
| Tangible fixed assets | 22/27 | €14,432 | €1,837 | -€12,595 | -87.3% |
| Plant, machinery and equipment | 23 | €2,428 | €868 | -€1,560 | -64.2% |
| Furniture and vehicles | 24 | €12,004 | €969 | -€11,035 | -91.9% |
| Current assets | 29/58 | €112,868 | €93,202 | -€19,667 | -17.4% |
| Amounts receivable within one year | 40/41 | €100,829 | €80,294 | -€20,535 | -20.4% |
| Trade receivables | 40 | €40,634 | €10,106 | -€30,528 | -75.1% |
| Other amounts receivable | 41 | €60,194 | €70,187 | +€9,993 | +16.6% |
| Cash at bank and in hand | 54/58 | €12,040 | €12,908 | +€868 | +7.2% |
| Total equity and liabilities | 10/49 | €127,301 | €95,039 | -€32,262 | -25.3% |
| Equity | 10/15 | €121,942 | €95,023 | -€26,918 | -22.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,188 | €2,188 | = | 0.0% |
| Distributable reserves | 133 | €2,188 | €2,188 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,753 | €82,835 | -€26,918 | -24.5% |
| Amounts payable | 17/49 | €5,359 | €16 | -€5,344 | -99.7% |
| Amounts payable within one year | 42/48 | €5,359 | €16 | -€5,344 | -99.7% |
| Trade debts | 44 | €3,167 | €16 | -€3,152 | -99.5% |
| Suppliers | 440/4 | €3,167 | €16 | -€3,152 | -99.5% |
| Other amounts payable | 47/48 | €2,192 | - | -€2,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,657 | €3,260 | -€3,397 | -51.0% |
| Other operating charges | 640/8 | €1,362 | €1,389 | +€28 | +2.0% |
| Non-recurring operating charges | 66A | - | €3,963 | +€3,963 | |
| Gross operating margin | 9900 | €16,435 | -€20,792 | -€37,227 | |
| Operating profit (loss) | 9901 | €8,416 | -€29,405 | -€37,821 | |
| Financial income | 75/76B | €2,627 | €3,109 | +€482 | +18.4% |
| Recurring financial income | 75 | €2,627 | €3,109 | +€482 | +18.4% |
| Financial charges | 65/66B | €417 | €245 | -€172 | -41.3% |
| Recurring financial charges | 65 | €417 | €245 | -€172 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €10,626 | -€26,541 | -€37,166 | |
| Income taxes | 67/77 | €6,696 | €378 | -€6,318 | -94.4% |
| Profit (loss) for the period | 9904 | €3,930 | -€26,918 | -€30,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,930 | -€26,918 | -€30,848 |
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 15 October 2026 via checked.be.