REJO FRESH: 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.
REJO FRESH
Largest movements
- Tangible fixed assets +€73,705
up €73,705 (+19.6%), from €376,901 to €450,606
of which Furniture and vehicles: +€67,611
- Cash -€42,449
down €42,449 (-31.7%), from €133,956 to €91,507
mainly Investment in fixed assets (net) (-€176,129) and Trade debts (-€77,919)
- Receivables within one year -€11,489
down €11,489 (-2.7%), from €418,428 to €406,939
of which Other amounts receivable: -€17,500
- Trade debts -€77,919
down €77,919 (-69.0%), from €112,859 to €34,940
- Debts after one year +€51,729
up €51,729 (+28.8%), from €179,690 to €231,420
- Profit (loss) carried forward +€48,103
up €48,103 (+32.3%), from €149,038 to €197,141
- Tax, wage and social debts -€10,269
down €10,269 (-16.0%), from €64,219 to €53,951
of which Taxes: -€11,032
- Gross operating margin +€102,503
up €102,503 (+18.5%), from €553,875 to €656,378
- Staff costs +€36,793
up €36,793 (+8.8%), from €416,264 to €453,057
- Depreciation +€13,897
up €13,897 (+15.7%), from €88,527 to €102,424
- Taxes +€13,501
up €13,501 (+131%), from €10,319 to €23,819
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 | €929,285 | €949,052 | +€19,767 | +2.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €376,901 | €450,606 | +€73,705 | +19.6% |
| Tangible fixed assets | 22/27 | €376,901 | €450,606 | +€73,705 | +19.6% |
| Plant, machinery and equipment | 23 | €0 | €6,094 | +€6,094 | |
| Furniture and vehicles | 24 | €376,901 | €444,512 | +€67,611 | +17.9% |
| Current assets | 29/58 | €552,384 | €498,446 | -€53,938 | -9.8% |
| Amounts receivable within one year | 40/41 | €418,428 | €406,939 | -€11,489 | -2.7% |
| Trade receivables | 40 | €400,928 | €406,939 | +€6,011 | +1.5% |
| Other amounts receivable | 41 | €17,500 | €0 | -€17,500 | -100% |
| Cash at bank and in hand | 54/58 | €133,956 | €91,507 | -€42,449 | -31.7% |
| Total equity and liabilities | 10/49 | €929,285 | €949,052 | +€19,767 | +2.1% |
| Equity | 10/15 | €303,779 | €351,883 | +€48,103 | +15.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €104,741 | €104,741 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €99,741 | €99,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,038 | €197,141 | +€48,103 | +32.3% |
| Amounts payable | 17/49 | €625,506 | €597,169 | -€28,337 | -4.5% |
| Amounts payable after more than one year | 17 | €179,690 | €231,420 | +€51,729 | +28.8% |
| Financial debts | 170/4 | €179,690 | €231,420 | +€51,729 | +28.8% |
| Amounts payable within one year | 42/48 | €445,816 | €365,750 | -€80,066 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €93,737 | €101,859 | +€8,122 | +8.7% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €112,859 | €34,940 | -€77,919 | -69.0% |
| Suppliers | 440/4 | €112,859 | €34,940 | -€77,919 | -69.0% |
| Taxes, remuneration and social security | 45 | €64,219 | €53,951 | -€10,269 | -16.0% |
| Taxes | 450/3 | €29,378 | €18,347 | -€11,032 | -37.6% |
| Remuneration and social security | 454/9 | €34,841 | €35,604 | +€763 | +2.2% |
| Non-recurring operating income | 76A | €61,000 | €15,000 | -€46,000 | -75.4% |
| Remuneration, social security and pensions | 62 | €416,264 | €453,057 | +€36,793 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,527 | €102,424 | +€13,897 | +15.7% |
| Other operating charges | 640/8 | €4,807 | €3,975 | -€832 | -17.3% |
| Gross operating margin | 9900 | €553,875 | €656,378 | +€102,503 | +18.5% |
| Operating profit (loss) | 9901 | €44,277 | €96,922 | +€52,645 | +119% |
| Financial charges | 65/66B | €18,955 | €24,999 | +€6,044 | +31.9% |
| Recurring financial charges | 65 | €18,955 | €24,999 | +€6,044 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €25,322 | €71,923 | +€46,601 | +184% |
| Income taxes | 67/77 | €10,319 | €23,819 | +€13,501 | +131% |
| Profit (loss) for the period | 9904 | €15,003 | €48,103 | +€33,100 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €15,003 | €48,103 | +€33,100 | +221% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.