REMBRANDT: what changed
What changed
REMBRANDT
filed annual accounts (NBB)
Net result for the year
€271,305
2023 · -€153,746+€425,051
Equity
€235,866
2023 · -€35,439+€271,305
Cash
€6,841
2023 · €7,336-€495
Balance sheet total
€4.5m
2023 · €4.4m+€143,086
Largest movements
Assets
- Tangible fixed assets +€136,081
up €136,081 (+3.2%), from €4.2m to €4.3m
of which Land and buildings: +€128,485
Equity and liabilities
- Debts after one year +€2.4m
up €2.4m (+159%), from €1.5m to €4.0m
- Short-term financial debts -€1.8m
no longer reported in 2024 (was €1.8m)
- Other debts -€639,529
no longer reported in 2024 (was €639,529)
- Profit (loss) carried forward +€271,305
up €271,305 (+45.6%), from -€594,745 to -€323,440
- Trade debts -€73,676
down €73,676 (-26.3%), from €280,019 to €206,343
Income statement
- Gross operating margin +€659,328
up €659,328, from -€20,157 to €639,171
- Depreciation +€132,064
up €132,064 (+352%), from €37,500 to €169,564
- Financial charges +€102,044
up €102,044 (+112%), from €91,213 to €193,257
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€153,746
Gross operating margin
+€659,328
Depreciation
-€132,064
Other operating charges
-€169
Financial charges
-€102,044
Result 2024
€271,305
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€279,836
Investment
-€305,644
Financing
+€584,986
Cash 2023
€7,336
From operations (derived)
-€279,836
Net result for the year
+€271,305
Depreciation
+€169,564
Receivables within one year
-€6,999
Deferred charges and accrued income
-€502
Trade debts
-€73,676
Other debts
-€639,529
Investment (derived)
-€305,644
Investment in fixed assets (net)
-€305,644
Financing
+€584,986
Debts after one year
+€2.4m
Current portion of long-term debt
-€1,000
Short-term financial debts
-€1.8m
Cash 2024
€6,841
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,404,723 | €4,547,809 | +€143,086 | +3.2% |
| Fixed assets | 21/28 | €4,194,867 | €4,330,948 | +€136,081 | +3.2% |
| Tangible fixed assets | 22/27 | €4,194,867 | €4,330,948 | +€136,081 | +3.2% |
| Land and buildings | 22 | €4,194,867 | €4,323,352 | +€128,485 | +3.1% |
| Plant, machinery and equipment | 23 | - | €7,596 | +€7,596 | |
| Current assets | 29/58 | €209,855 | €216,861 | +€7,006 | +3.3% |
| Amounts receivable within one year | 40/41 | €200,000 | €206,999 | +€6,999 | +3.5% |
| Trade receivables | 40 | €200,000 | €206,250 | +€6,250 | +3.1% |
| Other amounts receivable | 41 | - | €749 | +€749 | |
| Cash at bank and in hand | 54/58 | €7,336 | €6,841 | -€495 | -6.7% |
| Deferred charges and accrued income | 490/1 | €2,520 | €3,022 | +€502 | +19.9% |
| Total equity and liabilities | 10/49 | €4,404,723 | €4,547,809 | +€143,086 | +3.2% |
| Equity | 10/15 | -€35,439 | €235,866 | +€271,305 | |
| Contributions | 10/11 | €169,807 | €169,807 | = | 0.0% |
| Capital | 10 | €169,807 | €169,807 | = | 0.0% |
| Issued capital | 100 | €169,807 | €169,807 | = | 0.0% |
| Reserves | 13 | €389,499 | €389,499 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,981 | €16,981 | = | 0.0% |
| Legal reserve | 130 | €16,981 | €16,981 | = | 0.0% |
| Distributable reserves | 133 | €372,518 | €372,518 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€594,745 | -€323,440 | +€271,305 | +45.6% |
| Amounts payable | 17/49 | €4,440,162 | €4,311,943 | -€128,219 | -2.9% |
| Amounts payable after more than one year | 17 | €1,532,628 | €3,963,889 | +€2.4m | +159% |
| Financial debts | 170/4 | €1,532,628 | €3,963,889 | +€2.4m | +159% |
| Amounts payable within one year | 42/48 | €2,907,534 | €348,054 | -€2.6m | -88.0% |
| Current portion of amounts payable after more than one year | 42 | €142,711 | €141,711 | -€1,000 | -0.7% |
| Financial debts | 43 | €1,845,276 | - | -€1.8m | |
| Other loans | 439 | €1,845,276 | - | -€1.8m | |
| Trade debts | 44 | €280,019 | €206,343 | -€73,676 | -26.3% |
| Suppliers | 440/4 | €280,019 | €206,343 | -€73,676 | -26.3% |
| Other amounts payable | 47/48 | €639,529 | - | -€639,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,500 | €169,564 | +€132,064 | +352% |
| Other operating charges | 640/8 | €4,875 | €5,044 | +€169 | +3.5% |
| Gross operating margin | 9900 | -€20,157 | €639,171 | +€659,328 | |
| Operating profit (loss) | 9901 | -€62,533 | €464,563 | +€527,096 | |
| Financial charges | 65/66B | €91,213 | €193,257 | +€102,044 | +112% |
| Recurring financial charges | 65 | €91,213 | €193,257 | +€102,044 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€153,746 | €271,305 | +€425,051 | |
| Profit (loss) for the period | 9904 | -€153,746 | €271,305 | +€425,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€153,746 | €271,305 | +€425,051 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.