REJOTEX: 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.
REJOTEX
Largest movements
- Deferred charges and accrued income +€43,371
up €43,371 (+979%), from €4,429 to €47,801
- Tangible fixed assets -€12,007
down €12,007 (-7.0%), from €170,461 to €158,453
of which Land and buildings: -€10,910
- Stocks and contracts +€10,264
up €10,264 (+132%), from €7,777 to €18,041
- Receivables within one year -€7,039
down €7,039 (-12.8%), from €55,145 to €48,106
of which Other amounts receivable: -€17,698
- Cash -€5,239
down €5,239 (-4.4%), from €117,866 to €112,627
mainly Deferred charges and accrued income (-€43,371) and Debts after one year (-€22,448)
- Reserves +€51,792
up €51,792 (+18.5%), from €280,192 to €331,984
- Debts after one year -€22,448
down €22,448 (-79.3%), from €28,311 to €5,863
- Advances received -€8,869
down €8,869 (-43.6%), from €20,346 to €11,477
- Tax, wage and social debts +€6,262
up €6,262 (+50.8%), from €12,329 to €18,591
of which Taxes: +€9,456
- Accrued charges and deferred income +€6,111
up €6,111 (+204%), from €2,995 to €9,106
- Gross operating margin +€110,577
up €110,577 (+209%), from €52,836 to €163,413
- Financial charges +€33,625
up €33,625 (+586%), from €5,739 to €39,364
of which Non-recurring financial charges: +€36,814
- Taxes +€22,257
up €22,257 (+773%), from €2,880 to €25,137
- Staff costs +€4,994
up €4,994 (+18.2%), from €27,465 to €32,459
- Other operating charges +€3,348
up €3,348 (+2,501%), from €134 to €3,482
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 | €437,726 | €465,525 | +€27,800 | +6.4% |
| Fixed assets | 21/28 | €172,011 | €158,453 | -€13,557 | -7.9% |
| Tangible fixed assets | 22/27 | €170,461 | €158,453 | -€12,007 | -7.0% |
| Land and buildings | 22 | €165,056 | €154,146 | -€10,910 | -6.6% |
| Plant, machinery and equipment | 23 | €561 | €91 | -€470 | -83.9% |
| Furniture and vehicles | 24 | €4,844 | €4,217 | -€627 | -12.9% |
| Financial fixed assets | 28 | €1,550 | - | -€1,550 | |
| Current assets | 29/58 | €265,715 | €307,072 | +€41,357 | +15.6% |
| Stocks and contracts in progress | 3 | €7,777 | €18,041 | +€10,264 | +132% |
| Stocks | 30/36 | €7,777 | €18,041 | +€10,264 | +132% |
| Amounts receivable within one year | 40/41 | €55,145 | €48,106 | -€7,039 | -12.8% |
| Trade receivables | 40 | €37,415 | €48,075 | +€10,659 | +28.5% |
| Other amounts receivable | 41 | €17,729 | €31 | -€17,698 | -99.8% |
| Current investments | 50/53 | €80,498 | €80,498 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,866 | €112,627 | -€5,239 | -4.4% |
| Deferred charges and accrued income | 490/1 | €4,429 | €47,801 | +€43,371 | +979% |
| Total equity and liabilities | 10/49 | €437,726 | €465,525 | +€27,800 | +6.4% |
| Equity | 10/15 | €298,742 | €350,534 | +€51,792 | +17.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €280,192 | €331,984 | +€51,792 | +18.5% |
| Distributable reserves | 133 | €280,192 | €331,984 | +€51,792 | +18.5% |
| Amounts payable | 17/49 | €138,984 | €114,991 | -€23,992 | -17.3% |
| Amounts payable after more than one year | 17 | €28,311 | €5,863 | -€22,448 | -79.3% |
| Financial debts | 170/4 | €28,311 | €5,863 | -€22,448 | -79.3% |
| Amounts payable within one year | 42/48 | €107,678 | €100,023 | -€7,655 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,341 | €22,818 | +€477 | +2.1% |
| Trade debts | 44 | €29,087 | €27,459 | -€1,628 | -5.6% |
| Suppliers | 440/4 | €29,087 | €27,459 | -€1,628 | -5.6% |
| Advances received on contracts in progress | 46 | €20,346 | €11,477 | -€8,869 | -43.6% |
| Taxes, remuneration and social security | 45 | €12,329 | €18,591 | +€6,262 | +50.8% |
| Taxes | 450/3 | €4,700 | €14,156 | +€9,456 | +201% |
| Remuneration and social security | 454/9 | €7,629 | €4,435 | -€3,194 | -41.9% |
| Other amounts payable | 47/48 | €23,576 | €19,679 | -€3,897 | -16.5% |
| Accrued charges and deferred income | 492/3 | €2,995 | €9,106 | +€6,111 | +204% |
| Remuneration, social security and pensions | 62 | €27,465 | €32,459 | +€4,994 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,152 | €13,308 | +€156 | +1.2% |
| Other operating charges | 640/8 | €134 | €3,482 | +€3,348 | +2,501% |
| Gross operating margin | 9900 | €52,836 | €163,413 | +€110,577 | +209% |
| Operating profit (loss) | 9901 | €12,086 | €114,165 | +€102,079 | +845% |
| Financial income | 75/76B | €2,455 | €2,128 | -€327 | -13.3% |
| Recurring financial income | 75 | €2,455 | €2,128 | -€327 | -13.3% |
| Financial charges | 65/66B | €5,739 | €39,364 | +€33,625 | +586% |
| Recurring financial charges | 65 | €5,739 | €2,549 | -€3,189 | -55.6% |
| Non-recurring financial charges | 66B | - | €36,814 | +€36,814 | |
| Profit (loss) for the period before taxes | 9903 | €8,803 | €76,929 | +€68,126 | +774% |
| Income taxes | 67/77 | €2,880 | €25,137 | +€22,257 | +773% |
| Profit (loss) for the period | 9904 | €5,923 | €51,792 | +€45,869 | +774% |
| Profit (loss) for the period to be appropriated | 9905 | €5,923 | €51,792 | +€45,869 | +774% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.