REMCA: 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.
REMCA
Largest movements
- Tangible fixed assets +€80,132
up €80,132 (+292.4%), from €27,406 to €107,538
of which Furniture and vehicles: +€76,126
- Current investments +€24,178
up €24,178 (+96.7%), from €25,000 to €49,178
- Receivables within one year +€17,866
new in 2025: €17,866
- Cash -€3,979
down €3,979 (-22.9%), from €17,368 to €13,390
mainly Investment in fixed assets (net) (-€94,691) and Current investments (-€24,178)
- Debts after one year +€46,737
new in 2025: €46,737
- Tax, wage and social debts +€27,297
up €27,297 (+158.3%), from €17,242 to €44,540
of which Taxes: +€24,982
- Provisions +€21,361
up €21,361 (+57.9%), from €36,913 to €58,274
- Profit (loss) carried forward +€13,809
up €13,809, from -€7,396 to €6,413
- Current portion of long-term debt +€8,792
new in 2025: €8,792
- Gross operating margin +€68,859
up €68,859 (+132.9%), from €51,821 to €120,680
- Financial charges +€34,944
up €34,944 (+11468.3%), from €305 to €35,249
- Provisions -€15,552
down €15,552 (-42.1%), from €36,913 to €21,361
- Taxes +€6,464
up €6,464 (+70.3%), from €9,201 to €15,665
- Depreciation +€5,034
up €5,034 (+52.8%), from €9,526 to €14,559
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 | €77,772 | €194,728 | +€116,956 | +150.4% |
| Fixed assets | 21/28 | €28,406 | €108,538 | +€80,132 | +282.1% |
| Tangible fixed assets | 22/27 | €27,406 | €107,538 | +€80,132 | +292.4% |
| Furniture and vehicles | 24 | €19,375 | €95,501 | +€76,126 | +392.9% |
| Other tangible fixed assets | 26 | €8,031 | €12,037 | +€4,006 | +49.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €49,366 | €86,190 | +€36,824 | +74.6% |
| Amounts receivable within one year | 40/41 | - | €17,866 | +€17,866 | |
| Other amounts receivable | 41 | - | €17,866 | +€17,866 | |
| Current investments | 50/53 | €25,000 | €49,178 | +€24,178 | +96.7% |
| Cash at bank and in hand | 54/58 | €17,368 | €13,390 | -€3,979 | -22.9% |
| Deferred charges and accrued income | 490/1 | €6,997 | €5,756 | -€1,242 | -17.7% |
| Total equity and liabilities | 10/49 | €77,772 | €194,728 | +€116,956 | +150.4% |
| Equity | 10/15 | €13,604 | €27,413 | +€13,809 | +101.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,396 | €6,413 | +€13,809 | |
| Provisions and deferred taxes | 16 | €36,913 | €58,274 | +€21,361 | +57.9% |
| Provisions for liabilities and charges | 160/5 | €36,913 | €58,274 | +€21,361 | +57.9% |
| Other liabilities and charges | 164/5 | €36,913 | €58,274 | +€21,361 | +57.9% |
| Amounts payable | 17/49 | €27,256 | €109,041 | +€81,785 | +300.1% |
| Amounts payable after more than one year | 17 | - | €46,737 | +€46,737 | |
| Financial debts | 170/4 | - | €46,737 | +€46,737 | |
| Amounts payable within one year | 42/48 | €27,256 | €62,305 | +€35,049 | +128.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,792 | +€8,792 | |
| Trade debts | 44 | €9,828 | €8,973 | -€854 | -8.7% |
| Suppliers | 440/4 | €9,828 | €8,973 | -€854 | -8.7% |
| Taxes, remuneration and social security | 45 | €17,242 | €44,540 | +€27,297 | +158.3% |
| Taxes | 450/3 | €17,242 | €42,224 | +€24,982 | +144.9% |
| Remuneration and social security | 454/9 | - | €2,315 | +€2,315 | |
| Other amounts payable | 47/48 | €186 | €0 | -€186 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,526 | €14,559 | +€5,034 | +52.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €36,913 | €21,361 | -€15,552 | -42.1% |
| Other operating charges | 640/8 | €3,985 | €3,912 | -€73 | -1.8% |
| Non-recurring operating charges | 66A | - | €16,343 | +€16,343 | |
| Gross operating margin | 9900 | €51,821 | €120,680 | +€68,859 | +132.9% |
| Operating profit (loss) | 9901 | €1,398 | €64,505 | +€63,107 | +4515.7% |
| Financial income | 75/76B | €14 | €219 | +€204 | +1418.3% |
| Recurring financial income | 75 | €14 | €219 | +€204 | +1418.3% |
| Financial charges | 65/66B | €305 | €35,249 | +€34,944 | +11468.3% |
| Recurring financial charges | 65 | €305 | €35,249 | +€34,944 | +11468.3% |
| Profit (loss) for the period before taxes | 9903 | €1,107 | €29,475 | +€28,368 | +2562.1% |
| Income taxes | 67/77 | €9,201 | €15,665 | +€6,464 | +70.3% |
| Profit (loss) for the period | 9904 | -€8,094 | €13,809 | +€21,903 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,094 | €13,809 | +€21,903 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.