REMAGRO: 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.
REMAGRO
Largest movements
- Cash +€12,198
up €12,198 (+36.3%), from €33,630 to €45,827
mainly Net result for the year (+€13,373) and Depreciation (+€10,349)
- Tangible fixed assets -€10,349
down €10,349 (-1.3%), from €803,776 to €793,427
- Reserves +€13,373
up €13,373 (+3.8%), from €355,505 to €368,878
of which Distributable reserves: +€19,188
- Financial charges +€19,123
up €19,123 (+90.1%), from -€21,229 to -€2,106
- Gross operating margin +€6,485
up €6,485 (+42.5%), from €15,266 to €21,751
- Depreciation +€5,968
up €5,968 (+136.2%), from €4,381 to €10,349
- Financial income +€2,527
up €2,527 (+152.3%), from €1,659 to €4,186
- Taxes -€1,062
down €1,062 (-35.6%), from €2,980 to €1,919
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 | €1,024,435 | €1,028,722 | +€4,287 | +0.4% |
| Fixed assets | 21/28 | €803,776 | €793,427 | -€10,349 | -1.3% |
| Tangible fixed assets | 22/27 | €803,776 | €793,427 | -€10,349 | -1.3% |
| Land and buildings | 22 | €803,776 | €793,427 | -€10,349 | -1.3% |
| Current assets | 29/58 | €220,659 | €235,295 | +€14,636 | +6.6% |
| Amounts receivable within one year | 40/41 | €741 | €660 | -€81 | -10.9% |
| Trade receivables | 40 | €741 | €660 | -€81 | -10.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €186,009 | €188,362 | +€2,353 | +1.3% |
| Cash at bank and in hand | 54/58 | €33,630 | €45,827 | +€12,198 | +36.3% |
| Deferred charges and accrued income | 490/1 | €279 | €445 | +€166 | +59.3% |
| Total equity and liabilities | 10/49 | €1,024,435 | €1,028,722 | +€4,287 | +0.4% |
| Equity | 10/15 | €764,268 | €777,641 | +€13,373 | +1.7% |
| Contributions | 10/11 | €245,000 | €245,000 | = | 0.0% |
| Capital | 10 | €245,000 | €245,000 | = | 0.0% |
| Issued capital | 100 | €245,000 | €245,000 | = | 0.0% |
| Revaluation surpluses | 12 | €361,168 | €361,168 | = | 0.0% |
| Reserves | 13 | €355,505 | €368,878 | +€13,373 | +3.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,360 | €183,545 | -€5,815 | -3.1% |
| Distributable reserves | 133 | €159,948 | €179,136 | +€19,188 | +12.0% |
| Profit (loss) carried forward | 14 | -€197,405 | -€197,405 | = | 0.0% |
| Provisions and deferred taxes | 16 | €63,120 | €61,182 | -€1,938 | -3.1% |
| Deferred taxes | 168 | €63,120 | €61,182 | -€1,938 | -3.1% |
| Amounts payable | 17/49 | €197,047 | €189,899 | -€7,148 | -3.6% |
| Amounts payable within one year | 42/48 | €195,954 | €188,773 | -€7,181 | -3.7% |
| Trade debts | 44 | - | €4,740 | +€4,740 | |
| Suppliers | 440/4 | - | €4,740 | +€4,740 | |
| Taxes, remuneration and social security | 45 | €2,497 | €674 | -€1,822 | -73.0% |
| Taxes | 450/3 | €2,497 | €674 | -€1,822 | -73.0% |
| Other amounts payable | 47/48 | €193,457 | €183,358 | -€10,099 | -5.2% |
| Accrued charges and deferred income | 492/3 | €1,094 | €1,126 | +€33 | +3.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,381 | €10,349 | +€5,968 | +136.2% |
| Other operating charges | 640/8 | €4,356 | €4,340 | -€15 | -0.4% |
| Gross operating margin | 9900 | €15,266 | €21,751 | +€6,485 | +42.5% |
| Operating profit (loss) | 9901 | €6,529 | €7,062 | +€533 | +8.2% |
| Financial income | 75/76B | €1,659 | €4,186 | +€2,527 | +152.3% |
| Recurring financial income | 75 | €1,659 | €4,186 | +€2,527 | +152.3% |
| Financial charges | 65/66B | -€21,229 | -€2,106 | +€19,123 | +90.1% |
| Recurring financial charges | 65 | -€21,229 | -€2,106 | +€19,123 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €29,417 | €13,354 | -€16,064 | -54.6% |
| Transfer from deferred taxes | 780 | €842 | €1,938 | +€1,097 | +130.3% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €2,980 | €1,919 | -€1,062 | -35.6% |
| Profit (loss) for the period | 9904 | €27,279 | €13,373 | -€13,905 | -51.0% |
| Transfer from tax-exempt reserves | 789 | €2,525 | €5,815 | +€3,290 | +130.3% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €29,804 | €19,188 | -€10,616 | -35.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.