REMATEC: 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.
REMATEC
Largest movements
- Financial fixed assets +€16,949
up €16,949 (+1.8%), from €944,376 to €961,324
- Receivables within one year +€13,847
up €13,847 (+19.3%), from €71,623 to €85,469
- Tangible fixed assets -€12,643
down €12,643 (-5.7%), from €221,513 to €208,870
- Other debts +€197,896
up €197,896 (+37.4%), from €528,830 to €726,726
- Debts after one year -€187,000
no longer reported in 2024 (was €187,000)
- Reserves +€35,159
up €35,159 (+44.1%), from €79,717 to €114,875
of which Distributable reserves: +€41,359
- Provisions -€35,119
down €35,119 (-9.4%), from €372,510 to €337,391
- Gross operating margin +€111,269
up €111,269, from -€42,995 to €68,274
- Financial charges -€11,711
down €11,711 (-36.6%), from €31,984 to €20,272
- Depreciation +€8,428
up €8,428 (+200.0%), from €4,214 to €12,643
- Write-downs -€5,692
new in 2024: -€5,692
- Other operating charges +€2,081
up €2,081 (+54.6%), from €3,812 to €5,894
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,240,793 | €1,256,638 | +€15,845 | +1.3% |
| Fixed assets | 21/28 | €1,165,888 | €1,170,195 | +€4,306 | +0.4% |
| Tangible fixed assets | 22/27 | €221,513 | €208,870 | -€12,643 | -5.7% |
| Land and buildings | 22 | €221,513 | €208,870 | -€12,643 | -5.7% |
| Financial fixed assets | 28 | €944,376 | €961,324 | +€16,949 | +1.8% |
| Current assets | 29/58 | €74,905 | €86,444 | +€11,539 | +15.4% |
| Amounts receivable within one year | 40/41 | €71,623 | €85,469 | +€13,847 | +19.3% |
| Trade receivables | 40 | €71,623 | €85,469 | +€13,847 | +19.3% |
| Cash at bank and in hand | 54/58 | €3,282 | €974 | -€2,308 | -70.3% |
| Total equity and liabilities | 10/49 | €1,240,793 | €1,256,638 | +€15,845 | +1.3% |
| Equity | 10/15 | €141,717 | €176,875 | +€35,159 | +24.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €79,717 | €114,875 | +€35,159 | +44.1% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €73,517 | €114,875 | +€41,359 | +56.3% |
| Provisions and deferred taxes | 16 | €372,510 | €337,391 | -€35,119 | -9.4% |
| Provisions for liabilities and charges | 160/5 | €372,510 | €337,391 | -€35,119 | -9.4% |
| Pensions and similar obligations | 160 | €372,510 | €337,391 | -€35,119 | -9.4% |
| Amounts payable | 17/49 | €726,566 | €742,372 | +€15,805 | +2.2% |
| Amounts payable after more than one year | 17 | €187,000 | - | -€187,000 | |
| Financial debts | 170/4 | €187,000 | - | -€187,000 | |
| Amounts payable within one year | 42/48 | €539,566 | €742,372 | +€202,805 | +37.6% |
| Trade debts | 44 | €5,256 | €3,122 | -€2,133 | -40.6% |
| Suppliers | 440/4 | €5,256 | €3,122 | -€2,133 | -40.6% |
| Advances received on contracts in progress | 46 | €3,733 | €3,733 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,747 | €8,790 | +€7,043 | +403.0% |
| Taxes | 450/3 | €1,747 | €8,790 | +€7,043 | +403.0% |
| Other amounts payable | 47/48 | €528,830 | €726,726 | +€197,896 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,214 | €12,643 | +€8,428 | +200.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,692 | -€5,692 | |
| Other operating charges | 640/8 | €3,812 | €5,894 | +€2,081 | +54.6% |
| Gross operating margin | 9900 | -€42,995 | €68,274 | +€111,269 | |
| Operating profit (loss) | 9901 | -€51,022 | €55,430 | +€106,452 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €31,984 | €20,272 | -€11,711 | -36.6% |
| Recurring financial charges | 65 | €31,984 | €20,272 | -€11,711 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€83,005 | €35,159 | +€118,164 | |
| Profit (loss) for the period | 9904 | -€83,005 | €35,159 | +€118,164 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,005 | €35,159 | +€118,164 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.