REMCO: 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.
REMCO
Largest movements
- Cash +€17,533
up €17,533 (+199.9%), from €8,769 to €26,302
mainly Trade debts (+€22,010) and Depreciation (+€17,034)
- Deferred charges and accrued income +€3,298
new in 2025: €3,298
- Tangible fixed assets -€2,460
down €2,460 (-2.9%), from €84,411 to €81,951
of which Furniture and vehicles: -€2,721
- Stocks and contracts +€1,426
up €1,426 (+10.4%), from €13,681 to €15,106
- Trade debts +€22,010
up €22,010 (+681.7%), from €3,229 to €25,239
- Other debts -€7,383
down €7,383 (-21.9%), from €33,647 to €26,264
- Reserves +€3,313
up €3,313 (+32.5%), from €10,181 to €13,495
- Tax, wage and social debts +€1,849
up €1,849 (+51.4%), from €3,595 to €5,444
of which Taxes: +€1,873
- Gross operating margin -€14,581
down €14,581 (-36.2%), from €40,299 to €25,718
- Depreciation -€7,886
down €7,886 (-31.6%), from €24,920 to €17,034
- Financial charges -€588
down €588 (-17.1%), from €3,446 to €2,857
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 | €116,138 | €136,737 | +€20,598 | +17.7% |
| Fixed assets | 21/28 | €84,411 | €81,951 | -€2,460 | -2.9% |
| Tangible fixed assets | 22/27 | €84,411 | €81,951 | -€2,460 | -2.9% |
| Plant, machinery and equipment | 23 | €7,407 | €7,668 | +€261 | +3.5% |
| Furniture and vehicles | 24 | €77,005 | €74,283 | -€2,721 | -3.5% |
| Current assets | 29/58 | €31,727 | €54,786 | +€23,059 | +72.7% |
| Stocks and contracts in progress | 3 | €13,681 | €15,106 | +€1,426 | +10.4% |
| Stocks | 30/36 | €13,681 | €15,106 | +€1,426 | +10.4% |
| Amounts receivable within one year | 40/41 | €9,277 | €10,079 | +€802 | +8.6% |
| Trade receivables | 40 | €4,175 | €2,368 | -€1,807 | -43.3% |
| Other amounts receivable | 41 | €5,102 | €7,711 | +€2,609 | +51.1% |
| Cash at bank and in hand | 54/58 | €8,769 | €26,302 | +€17,533 | +199.9% |
| Deferred charges and accrued income | 490/1 | - | €3,298 | +€3,298 | |
| Total equity and liabilities | 10/49 | €116,138 | €136,737 | +€20,598 | +17.7% |
| Equity | 10/15 | €12,181 | €15,495 | +€3,313 | +27.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,181 | €13,495 | +€3,313 | +32.5% |
| Distributable reserves | 133 | €10,181 | €13,495 | +€3,313 | +32.5% |
| Amounts payable | 17/49 | €103,957 | €121,242 | +€17,285 | +16.6% |
| Amounts payable after more than one year | 17 | €49,419 | €49,597 | +€178 | +0.4% |
| Financial debts | 170/4 | €49,419 | €49,597 | +€178 | +0.4% |
| Amounts payable within one year | 42/48 | €54,538 | €71,645 | +€17,107 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €14,067 | €14,698 | +€630 | +4.5% |
| Trade debts | 44 | €3,229 | €25,239 | +€22,010 | +681.7% |
| Suppliers | 440/4 | €3,229 | €25,239 | +€22,010 | +681.7% |
| Taxes, remuneration and social security | 45 | €3,595 | €5,444 | +€1,849 | +51.4% |
| Taxes | 450/3 | €1,795 | €3,668 | +€1,873 | +104.4% |
| Remuneration and social security | 454/9 | €1,800 | €1,776 | -€24 | -1.3% |
| Other amounts payable | 47/48 | €33,647 | €26,264 | -€7,383 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,920 | €17,034 | -€7,886 | -31.6% |
| Other operating charges | 640/8 | €382 | €442 | +€60 | +15.8% |
| Non-recurring operating charges | 66A | - | €821 | +€821 | |
| Gross operating margin | 9900 | €40,299 | €25,718 | -€14,581 | -36.2% |
| Operating profit (loss) | 9901 | €14,997 | €7,422 | -€7,576 | -50.5% |
| Financial income | 75/76B | €425 | €613 | +€188 | +44.4% |
| Recurring financial income | 75 | €425 | €613 | +€188 | +44.4% |
| Financial charges | 65/66B | €3,446 | €2,857 | -€588 | -17.1% |
| Recurring financial charges | 65 | €3,446 | €2,857 | -€588 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €11,976 | €5,177 | -€6,799 | -56.8% |
| Income taxes | 67/77 | €1,795 | €1,864 | +€69 | +3.9% |
| Profit (loss) for the period | 9904 | €10,181 | €3,313 | -€6,868 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,181 | €3,313 | -€6,868 | -67.5% |
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 8 October 2026 via checked.be.