REMAD3: 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.
REMAD3
Largest movements
- Tangible fixed assets -€3,298
down €3,298 (-18.2%), from €18,140 to €14,842
- Cash -€1,897
down €1,897 (-66.3%), from €2,860 to €963
mainly Other debts (-€7,500) and Net result for the year (-€5,195)
- Debts after one year +€7,500
up €7,500 (+7.3%), from €102,500 to €110,000
- Other debts -€7,500
down €7,500 (-41.3%), from €18,164 to €10,664
- Profit (loss) carried forward -€5,195
down €5,195 (-4.4%), from -€118,264 to -€123,459
- Gross operating margin -€3,772
down €3,772, from €2,601 to -€1,170
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 | €21,000 | €15,805 | -€5,195 | -24.7% |
| Fixed assets | 21/28 | €18,140 | €14,842 | -€3,298 | -18.2% |
| Tangible fixed assets | 22/27 | €18,140 | €14,842 | -€3,298 | -18.2% |
| Land and buildings | 22 | €18,140 | €14,842 | -€3,298 | -18.2% |
| Current assets | 29/58 | €2,860 | €963 | -€1,897 | -66.3% |
| Cash at bank and in hand | 54/58 | €2,860 | €963 | -€1,897 | -66.3% |
| Total equity and liabilities | 10/49 | €21,000 | €15,805 | -€5,195 | -24.7% |
| Equity | 10/15 | -€99,664 | -€104,859 | -€5,195 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,264 | -€123,459 | -€5,195 | -4.4% |
| Amounts payable | 17/49 | €120,664 | €120,664 | = | 0.0% |
| Amounts payable after more than one year | 17 | €102,500 | €110,000 | +€7,500 | +7.3% |
| Other amounts payable | 178/9 | €102,500 | €110,000 | +€7,500 | +7.3% |
| Amounts payable within one year | 42/48 | €18,164 | €10,664 | -€7,500 | -41.3% |
| Other amounts payable | 47/48 | €18,164 | €10,664 | -€7,500 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,298 | €3,298 | = | 0.0% |
| Other operating charges | 640/8 | €672 | €697 | +€25 | +3.7% |
| Gross operating margin | 9900 | €2,601 | -€1,170 | -€3,772 | |
| Operating profit (loss) | 9901 | -€1,369 | -€5,165 | -€3,796 | -277.3% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,399 | -€5,195 | -€3,796 | -271.4% |
| Profit (loss) for the period | 9904 | -€1,399 | -€5,195 | -€3,796 | -271.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,399 | -€5,195 | -€3,796 | -271.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.