REM. B: 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.
What changed
REM. B
NACE 28.120, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.4m+€101,698
Equity
€7.5m
2024 · €6.3m+€1.3m
Cash
€1.3m
2024 · €696,504+€632,479
Balance sheet total
€19.7m
2024 · €14.9m+€4.8m
Largest movements
Assets
- Financial fixed assets +€3.1m
up €3.1m (+610248.1%), from €500 to €3.1m
of which Affiliated companies: +€3.1m
- Stocks and contracts +€911,630
up €911,630 (+20.1%), from €4.5m to €5.4m
of which Stocks: +€760,755
- Cash +€632,479
up €632,479 (+90.8%), from €696,504 to €1.3m
mainly Debts after one year (+€1.8m) and Net result for the year (+€1.5m)
- Receivables within one year +€299,569
up €299,569 (+4.5%), from €6.7m to €7.0m
of which Trade receivables: +€1.2m
Equity and liabilities
- Debts after one year +€1.8m
up €1.8m (+164.4%), from €1.1m to €2.9m
- Short-term financial debts +€1.1m
up €1.1m (+86.5%), from €1.3m to €2.4m
- Profit (loss) carried forward +€1.1m
up €1.1m (+20.2%), from €5.5m to €6.6m
- Trade debts +€507,808
up €507,808 (+11.8%), from €4.3m to €4.8m
- Contributions +€200,000
up €200,000 (+43.9%), from €455,600 to €655,600
Income statement
- Turnover +€1.6m
up €1.6m (+5.3%), from €29.6m to €31.2m
- Goods and materials +€1.0m
up €1.0m (+4.9%), from €20.4m to €21.4m
of which Purchases: +€1.9m
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
€1.4m
Turnover
+€1.6m
Other operating income
-€14,375
Goods and materials
-€1.0m
Services and other goods
-€94,909
Staff costs
-€145,269
Depreciation
+€13,303
Write-downs
-€7,842
Provisions
-€2,640
Other operating charges
+€1,816
Other operating items
+€118,264
Financial income
-€46,227
Financial charges
-€224,592
Taxes
-€61,218
Result 2025
€1.5m
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
+€1.3m
Investment
-€3.5m
Financing
+€2.8m
Cash 2024
€696,504
From operations (derived)
+€1.3m
Net result for the year
+€1.5m
Depreciation
+€536,366
Stocks and contracts
-€911,630
Receivables within one year
-€299,569
Deferred charges and accrued income
-€24,417
Provisions
-€12,886
Trade debts
+€507,808
Tax, wage and social debts
-€33,322
Advances received
-€39,280
Other debts
+€21,997
Accrued charges and deferred income
-€2,569
Investment (derived)
-€3.5m
Investment in fixed assets (net)
-€3.5m
Financing
+€2.8m
Debts after one year
+€1.8m
Current portion of long-term debt
+€131,633
Short-term financial debts
+€1.1m
Contributions, distributions and other
-€240,959
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,862,365 | €19,651,079 | +€4.8m | +32.2% |
| Fixed assets | 21/28 | €2,955,345 | €5,875,964 | +€2.9m | +98.8% |
| Intangible fixed assets | 21 | €118,382 | €146,498 | +€28,116 | +23.8% |
| Tangible fixed assets | 22/27 | €2,836,463 | €2,677,726 | -€158,737 | -5.6% |
| Land and buildings | 22 | €941,831 | €888,958 | -€52,873 | -5.6% |
| Plant, machinery and equipment | 23 | €1,030,022 | €1,055,892 | +€25,870 | +2.5% |
| Furniture and vehicles | 24 | €89,953 | €58,151 | -€31,803 | -35.4% |
| Leasing and similar rights | 25 | €708,929 | €591,129 | -€117,800 | -16.6% |
| Assets under construction and advance payments | 27 | €65,727 | €83,597 | +€17,869 | +27.2% |
| Financial fixed assets | 28 | €500 | €3,051,741 | +€3.1m | +610248.1% |
| Affiliated companies | 280/1 | - | €3,051,241 | +€3.1m | |
| Participating interests | 280 | - | €2,751,241 | +€2.8m | |
| Amounts receivable | 281 | - | €300,000 | +€300,000 | |
| Other financial fixed assets | 284/8 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €11,907,020 | €13,775,115 | +€1.9m | +15.7% |
| Stocks and contracts in progress | 3 | €4,534,534 | €5,446,164 | +€911,630 | +20.1% |
| Stocks | 30/36 | €4,038,926 | €4,799,680 | +€760,755 | +18.8% |
| Goods purchased for resale | 34 | €4,038,926 | €4,799,680 | +€760,755 | +18.8% |
| Contracts in progress | 37 | €495,609 | €646,484 | +€150,875 | +30.4% |
| Amounts receivable within one year | 40/41 | €6,664,122 | €6,963,691 | +€299,569 | +4.5% |
| Trade receivables | 40 | €5,587,411 | €6,785,237 | +€1.2m | +21.4% |
| Other amounts receivable | 41 | €1,076,711 | €178,454 | -€898,257 | -83.4% |
| Cash at bank and in hand | 54/58 | €696,504 | €1,328,984 | +€632,479 | +90.8% |
| Deferred charges and accrued income | 490/1 | €11,859 | €36,276 | +€24,417 | +205.9% |
| Total equity and liabilities | 10/49 | €14,862,365 | €19,651,079 | +€4.8m | +32.2% |
| Equity | 10/15 | €6,272,942 | €7,547,648 | +€1.3m | +20.3% |
| Contributions | 10/11 | €455,600 | €655,600 | +€200,000 | +43.9% |
| Reserves | 13 | €321,651 | €286,433 | -€35,218 | -10.9% |
| Tax-exempt reserves | 132 | €276,091 | €220,873 | -€55,218 | -20.0% |
| Distributable reserves | 133 | €45,560 | €65,560 | +€20,000 | +43.9% |
| Profit (loss) carried forward | 14 | €5,495,691 | €6,605,616 | +€1.1m | +20.2% |
| Provisions and deferred taxes | 16 | €150,785 | €137,899 | -€12,886 | -8.5% |
| Provisions for liabilities and charges | 160/5 | €58,755 | €64,275 | +€5,520 | +9.4% |
| Pensions and similar obligations | 160 | €58,755 | €64,275 | +€5,520 | +9.4% |
| Deferred taxes | 168 | €92,030 | €73,624 | -€18,406 | -20.0% |
| Amounts payable | 17/49 | €8,438,637 | €11,965,532 | +€3.5m | +41.8% |
| Amounts payable after more than one year | 17 | €1,104,585 | €2,920,213 | +€1.8m | +164.4% |
| Financial debts | 170/4 | €1,104,585 | €2,920,213 | +€1.8m | +164.4% |
| Leasing and similar obligations | 172 | €768,244 | €616,525 | -€151,720 | -19.7% |
| Credit institutions | 173 | €336,340 | €2,303,689 | +€2.0m | +584.9% |
| Amounts payable within one year | 42/48 | €7,331,483 | €9,045,319 | +€1.7m | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €369,421 | €501,054 | +€131,633 | +35.6% |
| Financial debts | 43 | €1,300,000 | €2,425,000 | +€1.1m | +86.5% |
| Credit institutions | 430/8 | €1,300,000 | €2,425,000 | +€1.1m | +86.5% |
| Trade debts | 44 | €4,292,762 | €4,800,570 | +€507,808 | +11.8% |
| Suppliers | 440/4 | €4,292,762 | €4,800,570 | +€507,808 | +11.8% |
| Advances received on contracts in progress | 46 | €39,280 | - | -€39,280 | |
| Taxes, remuneration and social security | 45 | €1,064,102 | €1,030,780 | -€33,322 | -3.1% |
| Taxes | 450/3 | €101,178 | €141,540 | +€40,362 | +39.9% |
| Remuneration and social security | 454/9 | €962,925 | €889,240 | -€73,685 | -7.7% |
| Other amounts payable | 47/48 | €265,918 | €287,915 | +€21,997 | +8.3% |
| Accrued charges and deferred income | 492/3 | €2,569 | - | -€2,569 | |
| Operating income | 70/76A | €29,627,487 | €31,481,763 | +€1.9m | +6.3% |
| Turnover | 70 | €29,608,018 | €31,180,530 | +€1.6m | +5.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€124,919 | €150,875 | +€275,795 | |
| Own construction capitalised | 72 | €965 | €21,310 | +€20,344 | +2107.7% |
| Other operating income | 74 | €143,423 | €129,048 | -€14,375 | -10.0% |
| Operating charges | 60/66A | €27,699,526 | €29,120,067 | +€1.4m | +5.1% |
| Goods for resale, raw materials and consumables | 60 | €20,373,861 | €21,380,984 | +€1.0m | +4.9% |
| Purchases | 600/8 | €20,244,888 | €22,166,784 | +€1.9m | +9.5% |
| Change in stocks: decrease (increase) | 609 | €128,972 | -€785,800 | -€914,773 | |
| Services and other goods | 61 | €1,630,763 | €1,725,672 | +€94,909 | +5.8% |
| Remuneration, social security and pensions | 62 | €5,100,087 | €5,245,356 | +€145,269 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €549,669 | €536,366 | -€13,303 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,784 | €13,626 | +€7,842 | +135.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,879 | €5,520 | +€2,640 | +91.7% |
| Other operating charges | 640/8 | €36,483 | €34,668 | -€1,816 | -5.0% |
| Non-recurring operating charges | 66A | - | €177,875 | +€177,875 | |
| Operating profit (loss) | 9901 | €1,927,961 | €2,361,696 | +€433,735 | +22.5% |
| Financial income | 75/76B | €95,509 | €49,281 | -€46,227 | -48.4% |
| Recurring financial income | 75 | €95,509 | €49,281 | -€46,227 | -48.4% |
| Income from financial fixed assets | 750 | €88,426 | €12,750 | -€75,676 | -85.6% |
| Other financial income | 752/9 | €7,082 | €36,531 | +€29,449 | +415.8% |
| Financial charges | 65/66B | €126,623 | €351,215 | +€224,592 | +177.4% |
| Recurring financial charges | 65 | €126,623 | €351,215 | +€224,592 | +177.4% |
| Debt charges | 650 | €101,739 | €202,315 | +€100,576 | +98.9% |
| Other financial charges | 652/9 | €24,884 | €148,900 | +€124,016 | +498.4% |
| Profit (loss) for the period before taxes | 9903 | €1,896,847 | €2,059,763 | +€162,916 | +8.6% |
| Transfer from deferred taxes | 780 | €18,406 | €18,406 | = | 0.0% |
| Income taxes | 67/77 | €501,285 | €562,503 | +€61,218 | +12.2% |
| Taxes | 670/3 | €501,285 | €562,503 | +€61,218 | +12.2% |
| Profit (loss) for the period | 9904 | €1,413,968 | €1,515,666 | +€101,698 | +7.2% |
| Transfer from tax-exempt reserves | 789 | €55,218 | €55,218 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,469,186 | €1,570,884 | +€101,698 | +6.9% |
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 8 October 2026 via checked.be.