REMANS: 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.
REMANS
Largest movements
- Tangible fixed assets +€131,672
up €131,672 (+61.3%), from €214,955 to €346,627
of which Land and buildings: +€117,844
- Receivables within one year -€14,889
down €14,889 (-29.8%), from €49,915 to €35,026
of which Trade receivables: -€17,454
- Cash +€12,842
up €12,842 (+76.1%), from €16,876 to €29,718
mainly Debts after one year (+€51,416) and Trade debts (+€50,942)
- Debts after one year +€51,416
new in 2025: €51,416
- Trade debts +€50,942
up €50,942 (+47.9%), from €106,352 to €157,294
- Reserves +€14,661
up €14,661 (+16.4%), from €89,575 to €104,236
of which Distributable reserves: +€14,661
- Current portion of long-term debt +€14,312
new in 2025: €14,312
- Staff costs +€13,157
up €13,157 (+14.9%), from €88,350 to €101,508
- Gross operating margin -€10,115
down €10,115 (-5.2%), from €196,012 to €185,897
- Taxes -€8,342
down €8,342 (-52.7%), from €15,821 to €7,479
- Depreciation +€4,175
up €4,175 (+9.0%), from €46,355 to €50,530
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.
Derived cash bridge
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 | €301,080 | €428,836 | +€127,756 | +42.4% |
| Fixed assets | 21/28 | €214,955 | €346,627 | +€131,672 | +61.3% |
| Tangible fixed assets | 22/27 | €214,955 | €346,627 | +€131,672 | +61.3% |
| Land and buildings | 22 | €91,354 | €209,197 | +€117,844 | +129% |
| Plant, machinery and equipment | 23 | €12,775 | €11,612 | -€1,163 | -9.1% |
| Furniture and vehicles | 24 | €78,150 | €125,818 | +€47,668 | +61.0% |
| Assets under construction and advance payments | 27 | €32,676 | €0 | -€32,676 | -100% |
| Current assets | 29/58 | €86,125 | €82,209 | -€3,916 | -4.5% |
| Amounts receivable within one year | 40/41 | €49,915 | €35,026 | -€14,889 | -29.8% |
| Trade receivables | 40 | €34,777 | €17,323 | -€17,454 | -50.2% |
| Other amounts receivable | 41 | €15,138 | €17,703 | +€2,565 | +16.9% |
| Cash at bank and in hand | 54/58 | €16,876 | €29,718 | +€12,842 | +76.1% |
| Deferred charges and accrued income | 490/1 | €19,334 | €17,465 | -€1,870 | -9.7% |
| Total equity and liabilities | 10/49 | €301,080 | €428,836 | +€127,756 | +42.4% |
| Equity | 10/15 | €169,462 | €184,123 | +€14,661 | +8.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €89,575 | €104,236 | +€14,661 | +16.4% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €82,075 | €96,736 | +€14,661 | +17.9% |
| Profit (loss) carried forward | 14 | €4,887 | €4,887 | = | 0.0% |
| Amounts payable | 17/49 | €131,617 | €244,713 | +€113,096 | +85.9% |
| Amounts payable after more than one year | 17 | - | €51,416 | +€51,416 | |
| Financial debts | 170/4 | - | €51,416 | +€51,416 | |
| Amounts payable within one year | 42/48 | €131,326 | €193,006 | +€61,680 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | - | €14,312 | +€14,312 | |
| Trade debts | 44 | €106,352 | €157,294 | +€50,942 | +47.9% |
| Suppliers | 440/4 | €106,352 | €157,294 | +€50,942 | +47.9% |
| Taxes, remuneration and social security | 45 | €24,007 | €21,400 | -€2,607 | -10.9% |
| Taxes | 450/3 | €5,821 | €7,487 | +€1,666 | +28.6% |
| Remuneration and social security | 454/9 | €18,185 | €13,913 | -€4,273 | -23.5% |
| Other amounts payable | 47/48 | €968 | €0 | -€968 | -100% |
| Accrued charges and deferred income | 492/3 | €291 | €291 | +€0 | 0.0% |
| Non-recurring operating income | 76A | €56,189 | €16,000 | -€40,189 | -71.5% |
| Remuneration, social security and pensions | 62 | €88,350 | €101,508 | +€13,157 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,355 | €50,530 | +€4,175 | +9.0% |
| Other operating charges | 640/8 | €10,121 | €11,268 | +€1,147 | +11.3% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €196,012 | €185,897 | -€10,115 | -5.2% |
| Operating profit (loss) | 9901 | €51,185 | €22,341 | -€28,844 | -56.4% |
| Financial income | 75/76B | €790 | €2,525 | +€1,734 | +219% |
| Recurring financial income | 75 | €790 | €2,525 | +€1,734 | +219% |
| Financial charges | 65/66B | €919 | €2,726 | +€1,807 | +197% |
| Recurring financial charges | 65 | €919 | €2,726 | +€1,807 | +197% |
| Profit (loss) for the period before taxes | 9903 | €51,057 | €22,140 | -€28,917 | -56.6% |
| Income taxes | 67/77 | €15,821 | €7,479 | -€8,342 | -52.7% |
| Profit (loss) for the period | 9904 | €35,235 | €14,661 | -€20,575 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,235 | €14,661 | -€20,575 | -58.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.