REMAVO: 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.
REMAVO
Largest movements
- Tangible fixed assets -€96,412
down €96,412 (-26.1%), from €369,432 to €273,020
- Receivables within one year +€64,808
up €64,808 (+79.8%), from €81,236 to €146,044
of which Trade receivables: +€64,808
- Cash -€34,289
down €34,289 (-84.0%), from €40,827 to €6,537
mainly Debts after one year (-€79,021) and Receivables within one year (-€64,808)
- Debts after one year -€79,021
down €79,021 (-24.3%), from €325,363 to €246,341
- Reserves +€6,953
up €6,953 (+10.3%), from €67,617 to €74,570
- Trade debts +€5,358
up €5,358 (+81.6%), from €6,565 to €11,923
of which Suppliers: +€6,562
- Gross operating margin -€5,099
down €5,099 (-4.1%), from €122,992 to €117,893
- Financial charges -€4,439
down €4,439 (-24.0%), from €18,461 to €14,022
- Taxes -€4,000
down €4,000, from €2,000 to -€2,000
- Other operating charges +€1,476
up €1,476 (+143.3%), from €1,029 to €2,505
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 | €496,367 | €431,128 | -€65,240 | -13.1% |
| Fixed assets | 21/28 | €369,432 | €273,520 | -€95,912 | -26.0% |
| Tangible fixed assets | 22/27 | €369,432 | €273,020 | -€96,412 | -26.1% |
| Plant, machinery and equipment | 23 | €369,432 | €273,020 | -€96,412 | -26.1% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €126,935 | €157,608 | +€30,673 | +24.2% |
| Amounts receivable within one year | 40/41 | €81,236 | €146,044 | +€64,808 | +79.8% |
| Trade receivables | 40 | €80,015 | €144,823 | +€64,808 | +81.0% |
| Other amounts receivable | 41 | €1,220 | €1,220 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,827 | €6,537 | -€34,289 | -84.0% |
| Deferred charges and accrued income | 490/1 | €4,873 | €5,027 | +€154 | +3.2% |
| Total equity and liabilities | 10/49 | €496,367 | €431,128 | -€65,240 | -13.1% |
| Equity | 10/15 | €86,217 | €93,170 | +€6,953 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,617 | €74,570 | +€6,953 | +10.3% |
| Distributable reserves | 133 | €67,617 | €74,570 | +€6,953 | +10.3% |
| Amounts payable | 17/49 | €410,150 | €337,958 | -€72,193 | -17.6% |
| Amounts payable after more than one year | 17 | €325,363 | €246,341 | -€79,021 | -24.3% |
| Financial debts | 170/4 | €325,363 | €246,341 | -€79,021 | -24.3% |
| Amounts payable within one year | 42/48 | €84,787 | €91,616 | +€6,829 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €76,193 | €79,021 | +€2,828 | +3.7% |
| Trade debts | 44 | €6,565 | €11,923 | +€5,358 | +81.6% |
| Suppliers | 440/4 | €3,324 | €9,886 | +€6,562 | +197.4% |
| Bills of exchange payable | 441 | €3,240 | €2,037 | -€1,204 | -37.2% |
| Taxes, remuneration and social security | 45 | €2,030 | €672 | -€1,357 | -66.9% |
| Taxes | 450/3 | €2,030 | €672 | -€1,357 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,412 | €96,412 | = | 0.0% |
| Other operating charges | 640/8 | €1,029 | €2,505 | +€1,476 | +143.3% |
| Gross operating margin | 9900 | €122,992 | €117,893 | -€5,099 | -4.1% |
| Operating profit (loss) | 9901 | €25,550 | €18,975 | -€6,575 | -25.7% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €18,461 | €14,022 | -€4,439 | -24.0% |
| Recurring financial charges | 65 | €18,461 | €14,022 | -€4,439 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €7,093 | €4,953 | -€2,140 | -30.2% |
| Income taxes | 67/77 | €2,000 | -€2,000 | -€4,000 | |
| Profit (loss) for the period | 9904 | €5,093 | €6,953 | +€1,860 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,093 | €6,953 | +€1,860 | +36.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.