REMAD: 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.
REMAD
Largest movements
- Tangible fixed assets -€10,379
down €10,379 (-4.4%), from €234,031 to €223,653
- Debts after one year -€16,133
down €16,133 (-11.8%), from €137,143 to €121,009
- Profit (loss) carried forward +€5,506
up €5,506 (+34.2%), from €16,115 to €21,621
- Financial charges -€1,503
down €1,503 (-22.6%), from €6,659 to €5,157
- Gross operating margin -€878
down €878 (-3.1%), from €28,665 to €27,787
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 | €235,802 | €225,944 | -€9,858 | -4.2% |
| Fixed assets | 21/28 | €234,031 | €223,653 | -€10,379 | -4.4% |
| Tangible fixed assets | 22/27 | €234,031 | €223,653 | -€10,379 | -4.4% |
| Land and buildings | 22 | €234,031 | €223,653 | -€10,379 | -4.4% |
| Current assets | 29/58 | €1,771 | €2,292 | +€521 | +29.4% |
| Cash at bank and in hand | 54/58 | €1,771 | €2,292 | +€521 | +29.4% |
| Total equity and liabilities | 10/49 | €235,802 | €225,944 | -€9,858 | -4.2% |
| Equity | 10/15 | €46,115 | €51,621 | +€5,506 | +11.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,115 | €21,621 | +€5,506 | +34.2% |
| Amounts payable | 17/49 | €189,687 | €174,324 | -€15,363 | -8.1% |
| Amounts payable after more than one year | 17 | €137,143 | €121,009 | -€16,133 | -11.8% |
| Financial debts | 170/4 | €137,143 | €121,009 | -€16,133 | -11.8% |
| Amounts payable within one year | 42/48 | €52,544 | €53,314 | +€770 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €16,911 | €17,520 | +€609 | +3.6% |
| Financial debts | 43 | €33,732 | €33,732 | = | 0.0% |
| Credit institutions | 430/8 | €33,732 | €33,732 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,901 | €2,062 | +€161 | +8.5% |
| Taxes | 450/3 | €1,901 | €2,062 | +€161 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,379 | €10,379 | = | 0.0% |
| Other operating charges | 640/8 | €4,504 | €4,684 | +€180 | +4.0% |
| Gross operating margin | 9900 | €28,665 | €27,787 | -€878 | -3.1% |
| Operating profit (loss) | 9901 | €13,783 | €12,725 | -€1,058 | -7.7% |
| Financial charges | 65/66B | €6,659 | €5,157 | -€1,503 | -22.6% |
| Recurring financial charges | 65 | €6,659 | €5,157 | -€1,503 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €7,124 | €7,568 | +€444 | +6.2% |
| Income taxes | 67/77 | €1,901 | €2,062 | +€161 | +8.5% |
| Profit (loss) for the period | 9904 | €5,223 | €5,506 | +€283 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,223 | €5,506 | +€283 | +5.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.