RELEX COMPUTER SERVICES: what changed
Two fiscal 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.
RELEX COMPUTER SERVICES
Largest movements
- Receivables within one year +€8,787
up €8,787 (+306.8%), from €2,864 to €11,650
of which Other amounts receivable: +€5,042
- Stocks and contracts +€6,632
up €6,632 (+62.8%), from €10,555 to €17,187
- Cash +€1,079
up €1,079 (+69.2%), from €1,560 to €2,639
mainly Net result for the year (+€15,066) and Tax, wage and social debts (+€3,772)
- Profit (loss) carried forward +€15,066
up €15,066 (+54.6%), from -€27,575 to -€12,509
- Tax, wage and social debts +€3,772
up €3,772 (+939.2%), from €402 to €4,174
- Short-term financial debts -€1,744
down €1,744 (-7.6%), from €22,956 to €21,212
of which Other loans: -€1,460
- Trade debts -€533
no longer reported in 2025 (was €533)
- Turnover +€50,969
up €50,969 (+166.4%), from €30,639 to €81,607
- Purchases and services +€30,408
up €30,408 (+88.3%), from €34,450 to €64,858
- Gross operating margin +€20,880
up €20,880, from -€3,811 to €17,069
- Write-downs +€821
new in 2025: €821
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,979 | €31,477 | +€16,498 | +110.1% |
| Current assets | 29/58 | €14,979 | €31,477 | +€16,498 | +110.1% |
| Stocks and contracts in progress | 3 | €10,555 | €17,187 | +€6,632 | +62.8% |
| Stocks | 30/36 | €10,555 | €17,187 | +€6,632 | +62.8% |
| Amounts receivable within one year | 40/41 | €2,864 | €11,650 | +€8,787 | +306.8% |
| Trade receivables | 40 | €2,864 | €6,609 | +€3,745 | +130.8% |
| Other amounts receivable | 41 | - | €5,042 | +€5,042 | |
| Cash at bank and in hand | 54/58 | €1,560 | €2,639 | +€1,079 | +69.2% |
| Total equity and liabilities | 10/49 | €14,979 | €31,477 | +€16,498 | +110.1% |
| Equity | 10/15 | -€8,975 | €6,091 | +€15,066 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,575 | -€12,509 | +€15,066 | +54.6% |
| Amounts payable | 17/49 | €23,954 | €25,385 | +€1,431 | +6.0% |
| Amounts payable within one year | 42/48 | €23,954 | €25,385 | +€1,431 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €64 | - | -€64 | |
| Financial debts | 43 | €22,956 | €21,212 | -€1,744 | -7.6% |
| Credit institutions | 430/8 | €849 | €565 | -€284 | -33.5% |
| Other loans | 439 | €22,107 | €20,647 | -€1,460 | -6.6% |
| Trade debts | 44 | €533 | - | -€533 | |
| Suppliers | 440/4 | €533 | - | -€533 | |
| Taxes, remuneration and social security | 45 | €402 | €4,174 | +€3,772 | +939.2% |
| Taxes | 450/3 | €402 | €4,174 | +€3,772 | +939.2% |
| Turnover | 70 | €30,639 | €81,607 | +€50,969 | +166.4% |
| Non-recurring operating income | 76A | - | €320 | +€320 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,450 | €64,858 | +€30,408 | +88.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €821 | +€821 | |
| Other operating charges | 640/8 | €873 | €1,099 | +€227 | +26.0% |
| Gross operating margin | 9900 | -€3,811 | €17,069 | +€20,880 | |
| Operating profit (loss) | 9901 | -€4,683 | €15,149 | +€19,832 | |
| Financial income | 75/76B | €0 | €8 | +€8 | +7500.0% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +7500.0% |
| Financial charges | 65/66B | €90 | €90 | +€0 | +0.1% |
| Recurring financial charges | 65 | €90 | €90 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,773 | €15,066 | +€19,839 | |
| Profit (loss) for the period | 9904 | -€4,773 | €15,066 | +€19,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,773 | €15,066 | +€19,839 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.