REMATICS: 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.
REMATICS
Largest movements
- Intangible fixed assets +€311,368
up €311,368 (+91.3%), from €341,203 to €652,571
- Stocks and contracts +€42,221
new in 2025: €42,221
of which Stocks: +€42,038
- Tangible fixed assets +€32,189
up €32,189 (+100.6%), from €31,985 to €64,174
of which Furniture and vehicles: +€64,174
- Receivables within one year +€31,684
up €31,684 (+62.5%), from €50,706 to €82,390
of which Trade receivables: +€45,712
- Cash -€14,732
down €14,732 (-15.6%), from €94,183 to €79,450
mainly Investment in fixed assets (net) (-€431,483) and Net result for the year (-€195,783)
- Contributions +€678,989
up €678,989 (+6789.9%), from €10,000 to €688,989
- Profit (loss) carried forward -€195,783
down €195,783 (-8666.3%), from -€2,259 to -€198,042
- Accrued charges and deferred income -€81,786
down €81,786 (-92.7%), from €88,186 to €6,400
- Tax, wage and social debts +€19,666
up €19,666 (+502.1%), from €3,917 to €23,583
- Trade debts -€14,796
down €14,796 (-18.4%), from €80,448 to €65,651
- Turnover +€307,470
new in 2025: €307,470
- Other operating income -€266,271
down €266,271 (-91.6%), from €290,605 to €24,334
- Goods and materials +€188,967
up €188,967 (+2703386.7%), from €7 to €188,974
of which Purchases: +€231,005
- Staff costs +€181,136
up €181,136 (+600.2%), from €30,178 to €211,314
- Depreciation +€82,681
up €82,681 (+6213.8%), from €1,331 to €84,012
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 | €529,458 | €928,832 | +€399,374 | +75.4% |
| Formation expenses | 20 | €848 | €4,762 | +€3,914 | +461.5% |
| Fixed assets | 21/28 | €373,188 | €716,745 | +€343,557 | +92.1% |
| Intangible fixed assets | 21 | €341,203 | €652,571 | +€311,368 | +91.3% |
| Tangible fixed assets | 22/27 | €31,985 | €64,174 | +€32,189 | +100.6% |
| Plant, machinery and equipment | 23 | €31,985 | - | -€31,985 | |
| Furniture and vehicles | 24 | - | €64,174 | +€64,174 | |
| Current assets | 29/58 | €155,422 | €207,325 | +€51,903 | +33.4% |
| Stocks and contracts in progress | 3 | - | €42,221 | +€42,221 | |
| Stocks | 30/36 | - | €42,038 | +€42,038 | |
| Goods purchased for resale | 34 | - | €42,038 | +€42,038 | |
| Contracts in progress | 37 | - | €183 | +€183 | |
| Amounts receivable within one year | 40/41 | €50,706 | €82,390 | +€31,684 | +62.5% |
| Trade receivables | 40 | €1,920 | €47,632 | +€45,712 | +2380.8% |
| Other amounts receivable | 41 | €48,786 | €34,758 | -€14,027 | -28.8% |
| Cash at bank and in hand | 54/58 | €94,183 | €79,450 | -€14,732 | -15.6% |
| Deferred charges and accrued income | 490/1 | €10,534 | €3,264 | -€7,270 | -69.0% |
| Total equity and liabilities | 10/49 | €529,458 | €928,832 | +€399,374 | +75.4% |
| Equity | 10/15 | €7,741 | €490,947 | +€483,206 | +6242.3% |
| Contributions | 10/11 | €10,000 | €688,989 | +€678,989 | +6789.9% |
| Profit (loss) carried forward | 14 | -€2,259 | -€198,042 | -€195,783 | -8666.3% |
| Amounts payable | 17/49 | €521,717 | €437,885 | -€83,832 | -16.1% |
| Amounts payable after more than one year | 17 | €349,167 | €342,250 | -€6,917 | -2.0% |
| Financial debts | 170/4 | €349,167 | €342,250 | -€6,917 | -2.0% |
| Other loans | 174 | €349,167 | €342,250 | -€6,917 | -2.0% |
| Amounts payable within one year | 42/48 | €84,365 | €89,235 | +€4,870 | +5.8% |
| Trade debts | 44 | €80,448 | €65,651 | -€14,796 | -18.4% |
| Suppliers | 440/4 | €80,448 | €65,651 | -€14,796 | -18.4% |
| Taxes, remuneration and social security | 45 | €3,917 | €23,583 | +€19,666 | +502.1% |
| Remuneration and social security | 454/9 | €3,917 | €23,583 | +€19,666 | +502.1% |
| Accrued charges and deferred income | 492/3 | €88,186 | €6,400 | -€81,786 | -92.7% |
| Operating income | 70/76A | €290,605 | €538,590 | +€247,985 | +85.3% |
| Turnover | 70 | - | €307,470 | +€307,470 | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €183 | +€183 | |
| Own construction capitalised | 72 | - | €206,604 | +€206,604 | |
| Other operating income | 74 | €290,605 | €24,334 | -€266,271 | -91.6% |
| Operating charges | 60/66A | €283,078 | €700,234 | +€417,156 | +147.4% |
| Goods for resale, raw materials and consumables | 60 | €7 | €188,974 | +€188,967 | +2703386.7% |
| Purchases | 600/8 | €7 | €231,012 | +€231,005 | +3304788.7% |
| Change in stocks: decrease (increase) | 609 | - | -€42,038 | -€42,038 | |
| Services and other goods | 61 | €251,178 | €214,735 | -€36,443 | -14.5% |
| Remuneration, social security and pensions | 62 | €30,178 | €211,314 | +€181,136 | +600.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,331 | €84,012 | +€82,681 | +6213.8% |
| Other operating charges | 640/8 | €384 | €1,200 | +€816 | +212.2% |
| Operating profit (loss) | 9901 | €7,527 | -€161,644 | -€169,171 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,679 | €33,716 | +€24,037 | +248.3% |
| Recurring financial charges | 65 | €9,679 | €33,716 | +€24,037 | +248.3% |
| Debt charges | 650 | €9,256 | €33,401 | +€24,144 | +260.8% |
| Other financial charges | 652/9 | €422 | €315 | -€108 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,152 | -€195,360 | -€193,208 | -8977.6% |
| Income taxes | 67/77 | €107 | €423 | +€316 | +295.3% |
| Taxes | 670/3 | €107 | €423 | +€316 | +295.3% |
| Profit (loss) for the period | 9904 | -€2,259 | -€195,783 | -€193,524 | -8566.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,259 | -€195,783 | -€193,524 | -8566.3% |
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 11 October 2026 via checked.be.