REMARAIL: 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.
REMARAIL
Largest movements
- Stocks and contracts +€85,021
new in 2025: €85,021
- Cash -€83,387
down €83,387 (-37.7%), from €221,353 to €137,966
mainly Stocks and contracts (-€85,021) and Debts after one year (-€15,065)
- Receivables within one year -€11,433
down €11,433 (-12.3%), from €93,323 to €81,889
of which Trade receivables: -€11,186
- Tangible fixed assets -€9,113
down €9,113 (-7.1%), from €129,226 to €120,114
- Debts after one year -€15,065
down €15,065 (-13.3%), from €113,262 to €98,197
- Trade debts -€5,596
no longer reported in 2025 (was €5,596)
- Gross operating margin +€249,801
up €249,801, from -€208,115 to €41,686
- Financial income -€22,241
down €22,241 (-99.1%), from €22,451 to €210
- Financial charges +€11,913
up €11,913 (+166%), from €7,174 to €19,087
- Other operating charges +€9,509
up €9,509 (+390%), from €2,438 to €11,947
- Depreciation -€7,143
down €7,143 (-43.9%), from €16,256 to €9,113
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 | €443,902 | €424,990 | -€18,912 | -4.3% |
| Fixed assets | 21/28 | €129,226 | €120,114 | -€9,113 | -7.1% |
| Tangible fixed assets | 22/27 | €129,226 | €120,114 | -€9,113 | -7.1% |
| Land and buildings | 22 | €129,226 | €120,114 | -€9,113 | -7.1% |
| Current assets | 29/58 | €314,676 | €304,877 | -€9,799 | -3.1% |
| Stocks and contracts in progress | 3 | - | €85,021 | +€85,021 | |
| Stocks | 30/36 | - | €85,021 | +€85,021 | |
| Amounts receivable within one year | 40/41 | €93,323 | €81,889 | -€11,433 | -12.3% |
| Trade receivables | 40 | €70,567 | €59,381 | -€11,186 | -15.9% |
| Other amounts receivable | 41 | €22,756 | €22,509 | -€247 | -1.1% |
| Cash at bank and in hand | 54/58 | €221,353 | €137,966 | -€83,387 | -37.7% |
| Total equity and liabilities | 10/49 | €443,902 | €424,990 | -€18,912 | -4.3% |
| Equity | 10/15 | -€96,739 | -€95,563 | +€1,176 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,799 | -€103,623 | +€1,176 | +1.1% |
| Amounts payable | 17/49 | €540,641 | €520,553 | -€20,088 | -3.7% |
| Amounts payable after more than one year | 17 | €113,262 | €98,197 | -€15,065 | -13.3% |
| Financial debts | 170/4 | €113,262 | €98,197 | -€15,065 | -13.3% |
| Amounts payable within one year | 42/48 | €138,856 | €133,833 | -€5,022 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €133,260 | €133,260 | = | 0.0% |
| Trade debts | 44 | €5,596 | - | -€5,596 | |
| Suppliers | 440/4 | €5,596 | - | -€5,596 | |
| Taxes, remuneration and social security | 45 | - | €574 | +€574 | |
| Taxes | 450/3 | - | €574 | +€574 | |
| Accrued charges and deferred income | 492/3 | €288,523 | €288,523 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,256 | €9,113 | -€7,143 | -43.9% |
| Other operating charges | 640/8 | €2,438 | €11,947 | +€9,509 | +390% |
| Gross operating margin | 9900 | -€208,115 | €41,686 | +€249,801 | |
| Operating profit (loss) | 9901 | -€226,809 | €20,627 | +€247,435 | |
| Financial income | 75/76B | €22,451 | €210 | -€22,241 | -99.1% |
| Recurring financial income | 75 | €22,451 | €210 | -€22,241 | -99.1% |
| Financial charges | 65/66B | €7,174 | €19,087 | +€11,913 | +166% |
| Recurring financial charges | 65 | €7,174 | €19,087 | +€11,913 | +166% |
| Profit (loss) for the period before taxes | 9903 | -€211,532 | €1,750 | +€213,282 | |
| Income taxes | 67/77 | - | €574 | +€574 | |
| Profit (loss) for the period | 9904 | -€211,532 | €1,176 | +€212,708 | |
| Profit (loss) for the period to be appropriated | 9905 | -€211,532 | €1,176 | +€212,708 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.