REJO: 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.
What changed
REJO
NACE 46.389, Wholesale of other food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,666
2024 · €1,652+€13
Equity
€89,295
2024 · €87,629+€1,666
Cash
€19,932
2024 · €17,605+€2,327
Balance sheet total
€285,052
2024 · €285,409-€357
Largest movements
Assets
- Stocks and contracts +€30,367
up €30,367 (+99.1%), from €30,627 to €60,994
- Tangible fixed assets -€29,082
down €29,082 (-17.4%), from €167,242 to €138,161
of which Land and buildings: -€18,107
- Receivables within one year -€3,070
down €3,070 (-4.6%), from €67,427 to €64,358
of which Trade receivables: -€6,556
Equity and liabilities
- Debts after one year -€12,728
down €12,728 (-32.6%), from €39,076 to €26,348
- Trade debts +€8,495
up €8,495 (+19.7%), from €43,223 to €51,719
Income statement
- Staff costs +€4,550
up €4,550 (+57.3%), from €7,947 to €12,497
- Depreciation -€3,730
down €3,730 (-11.1%), from €33,651 to €29,922
- Other operating charges -€787
down €787 (-13.8%), from €5,707 to €4,920
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.
Result 2024
€1,652
Gross operating margin
-€275
Staff costs
-€4,550
Depreciation
+€3,730
Other operating charges
+€787
Financial income
-€184
Financial charges
+€500
Taxes
+€6
Result 2025
€1,666
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.
From operations
+€14,536
Investment
€0
Financing
-€12,209
Cash 2024
€17,605
From operations (derived)
+€14,536
Net result for the year
+€1,666
Depreciation
+€29,922
Stocks and contracts
-€30,367
Receivables within one year
+€3,070
Deferred charges and accrued income
+€59
Trade debts
+€8,495
Tax, wage and social debts
+€1,838
Advances received
+€175
Other debts
-€323
Financing
-€12,209
Debts after one year
-€12,728
Current portion of long-term debt
+€519
Cash 2025
€19,932
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,409 | €285,052 | -€357 | -0.1% |
| Fixed assets | 21/28 | €169,690 | €139,768 | -€29,922 | -17.6% |
| Intangible fixed assets | 21 | €2,448 | €1,608 | -€840 | -34.3% |
| Tangible fixed assets | 22/27 | €167,242 | €138,161 | -€29,082 | -17.4% |
| Land and buildings | 22 | €138,153 | €120,047 | -€18,107 | -13.1% |
| Plant, machinery and equipment | 23 | €649 | €310 | -€339 | -52.2% |
| Furniture and vehicles | 24 | €28,440 | €17,804 | -€10,636 | -37.4% |
| Current assets | 29/58 | €115,719 | €145,284 | +€29,565 | +25.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €30,627 | €60,994 | +€30,367 | +99.1% |
| Stocks | 30/36 | €30,627 | €60,994 | +€30,367 | +99.1% |
| Amounts receivable within one year | 40/41 | €67,427 | €64,358 | -€3,070 | -4.6% |
| Trade receivables | 40 | €63,046 | €56,489 | -€6,556 | -10.4% |
| Other amounts receivable | 41 | €4,382 | €7,868 | +€3,487 | +79.6% |
| Cash at bank and in hand | 54/58 | €17,605 | €19,932 | +€2,327 | +13.2% |
| Deferred charges and accrued income | 490/1 | €59 | €0 | -€59 | -100.0% |
| Total equity and liabilities | 10/49 | €285,409 | €285,052 | -€357 | -0.1% |
| Equity | 10/15 | €87,629 | €89,295 | +€1,666 | +1.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €19,207 | €19,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,009 | €13,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,578 | -€79,912 | +€1,666 | +2.0% |
| Amounts payable | 17/49 | €197,780 | €195,758 | -€2,022 | -1.0% |
| Amounts payable after more than one year | 17 | €39,076 | €26,348 | -€12,728 | -32.6% |
| Financial debts | 170/4 | €39,076 | €26,348 | -€12,728 | -32.6% |
| Amounts payable within one year | 42/48 | €158,704 | €169,410 | +€10,705 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €12,209 | €12,728 | +€519 | +4.3% |
| Trade debts | 44 | €43,223 | €51,719 | +€8,495 | +19.7% |
| Suppliers | 440/4 | €43,223 | €51,719 | +€8,495 | +19.7% |
| Advances received on contracts in progress | 46 | €0 | €175 | +€175 | |
| Taxes, remuneration and social security | 45 | €3,447 | €5,285 | +€1,838 | +53.3% |
| Taxes | 450/3 | €750 | €572 | -€179 | -23.8% |
| Remuneration and social security | 454/9 | €2,696 | €4,714 | +€2,017 | +74.8% |
| Other amounts payable | 47/48 | €99,826 | €99,503 | -€323 | -0.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €452 | +€452 | |
| Remuneration, social security and pensions | 62 | €7,947 | €12,497 | +€4,550 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,651 | €29,922 | -€3,730 | -11.1% |
| Other operating charges | 640/8 | €5,707 | €4,920 | -€787 | -13.8% |
| Gross operating margin | 9900 | €52,899 | €52,624 | -€275 | -0.5% |
| Operating profit (loss) | 9901 | €5,593 | €5,285 | -€309 | -5.5% |
| Financial income | 75/76B | €184 | €0 | -€184 | -99.9% |
| Recurring financial income | 75 | €184 | €0 | -€184 | -99.9% |
| Financial charges | 65/66B | €3,836 | €3,336 | -€500 | -13.0% |
| Recurring financial charges | 65 | €3,836 | €3,336 | -€500 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €1,941 | €1,949 | +€7 | +0.4% |
| Income taxes | 67/77 | €289 | €283 | -€6 | -2.1% |
| Profit (loss) for the period | 9904 | €1,652 | €1,666 | +€13 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,652 | €1,666 | +€13 | +0.8% |
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 9 October 2026 via checked.be.