Rema: 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.
Rema
Largest movements
- Cash +€63,094
up €63,094 (+14.9%), from €422,413 to €485,507
mainly Net result for the year (+€137,076) and Depreciation (+€34,172)
- Tangible fixed assets +€27,783
up €27,783 (+9.0%), from €310,298 to €338,081
of which Land and buildings: +€28,468
- Deferred charges and accrued income +€12,457
up €12,457 (+30.7%), from €40,538 to €52,994
- Receivables within one year -€11,257
down €11,257 (-100.0%), from €11,257 to €0
of which Other amounts receivable: -€9,691
- Reserves +€82,482
up €82,482 (+15.0%), from €549,553 to €632,036
of which Distributable reserves: +€82,482
- Trade debts +€18,370
up €18,370 (+25.1%), from €73,198 to €91,568
- Current portion of long-term debt -€9,634
down €9,634 (-51.2%), from €18,829 to €9,195
- Gross operating margin +€16,607
up €16,607 (+6.3%), from €263,205 to €279,811
- Depreciation -€15,032
down €15,032 (-30.5%), from €49,204 to €34,172
- Taxes +€8,157
up €8,157 (+14.3%), from €57,196 to €65,353
- Other operating charges -€2,934
down €2,934 (-6.6%), from €44,632 to €41,698
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 | €784,506 | €876,583 | +€92,077 | +11.7% |
| Fixed assets | 21/28 | €310,298 | €338,081 | +€27,783 | +9.0% |
| Tangible fixed assets | 22/27 | €310,298 | €338,081 | +€27,783 | +9.0% |
| Land and buildings | 22 | €308,728 | €337,197 | +€28,468 | +9.2% |
| Plant, machinery and equipment | 23 | €53 | €0 | -€53 | -100.0% |
| Furniture and vehicles | 24 | €1,517 | €885 | -€632 | -41.7% |
| Current assets | 29/58 | €474,208 | €538,502 | +€64,293 | +13.6% |
| Amounts receivable within one year | 40/41 | €11,257 | €0 | -€11,257 | -100.0% |
| Trade receivables | 40 | €1,567 | €0 | -€1,567 | -100.0% |
| Other amounts receivable | 41 | €9,691 | €0 | -€9,691 | -100.0% |
| Cash at bank and in hand | 54/58 | €422,413 | €485,507 | +€63,094 | +14.9% |
| Deferred charges and accrued income | 490/1 | €40,538 | €52,994 | +€12,457 | +30.7% |
| Total equity and liabilities | 10/49 | €784,506 | €876,583 | +€92,077 | +11.7% |
| Equity | 10/15 | €611,053 | €693,536 | +€82,482 | +13.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €549,553 | €632,036 | +€82,482 | +15.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €543,403 | €625,886 | +€82,482 | +15.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €173,453 | €183,047 | +€9,594 | +5.5% |
| Amounts payable after more than one year | 17 | €46,868 | €47,522 | +€653 | +1.4% |
| Financial debts | 170/4 | €46,868 | €47,522 | +€653 | +1.4% |
| Amounts payable within one year | 42/48 | €115,250 | €128,342 | +€13,092 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €18,829 | €9,195 | -€9,634 | -51.2% |
| Financial debts | 43 | €16,890 | €16,819 | -€71 | -0.4% |
| Credit institutions | 430/8 | €16,890 | €16,819 | -€71 | -0.4% |
| Trade debts | 44 | €73,198 | €91,568 | +€18,370 | +25.1% |
| Suppliers | 440/4 | €73,198 | €91,568 | +€18,370 | +25.1% |
| Taxes, remuneration and social security | 45 | €6,133 | €9,887 | +€3,755 | +61.2% |
| Taxes | 450/3 | €6,133 | €9,887 | +€3,755 | +61.2% |
| Other amounts payable | 47/48 | €200 | €873 | +€673 | +336.4% |
| Accrued charges and deferred income | 492/3 | €11,335 | €7,184 | -€4,151 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,204 | €34,172 | -€15,032 | -30.5% |
| Other operating charges | 640/8 | €44,632 | €41,698 | -€2,934 | -6.6% |
| Gross operating margin | 9900 | €263,205 | €279,811 | +€16,607 | +6.3% |
| Operating profit (loss) | 9901 | €169,369 | €203,941 | +€34,572 | +20.4% |
| Financial income | 75/76B | €3,547 | €1,549 | -€1,998 | -56.3% |
| Recurring financial income | 75 | €3,547 | €1,549 | -€1,998 | -56.3% |
| Financial charges | 65/66B | €3,273 | €3,061 | -€211 | -6.5% |
| Recurring financial charges | 65 | €3,273 | €3,061 | -€211 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €169,643 | €202,429 | +€32,785 | +19.3% |
| Transfer from deferred taxes | 780 | €2,253 | €0 | -€2,253 | -100.0% |
| Income taxes | 67/77 | €57,196 | €65,353 | +€8,157 | +14.3% |
| Profit (loss) for the period | 9904 | €114,700 | €137,076 | +€22,376 | +19.5% |
| Transfer from tax-exempt reserves | 789 | €6,762 | €0 | -€6,762 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,462 | €137,076 | +€15,613 | +12.9% |
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 6 October 2026 via checked.be.