REMCO: 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.
REMCO
Largest movements
- Receivables within one year +€26,630
up €26,630 (+35.6%), from €74,895 to €101,525
of which Trade receivables: +€16,970
- Tangible fixed assets -€19,638
down €19,638 (-1.8%), from €1.1m to €1.1m
of which Furniture and vehicles: -€19,033
- Reserves +€25,600
up €25,600 (+4.4%), from €585,220 to €610,820
- Debts after one year -€15,397
down €15,397 (-3.2%), from €480,216 to €464,818
- Gross operating margin -€13,843
down €13,843 (-7.8%), from €178,328 to €164,485
- Staff costs +€6,676
up €6,676 (+49.0%), from €13,614 to €20,290
- Taxes -€6,344
down €6,344 (-54.3%), from €11,688 to €5,344
- Depreciation +€2,755
up €2,755 (+3.3%), from €82,267 to €85,022
- Financial income -€1,884
down €1,884 (-56.9%), from €3,310 to €1,426
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.
Derived cash bridge
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 | €1,334,663 | €1,338,299 | +€3,637 | +0.3% |
| Fixed assets | 21/28 | €1,122,402 | €1,102,764 | -€19,638 | -1.7% |
| Tangible fixed assets | 22/27 | €1,121,104 | €1,101,466 | -€19,638 | -1.8% |
| Plant, machinery and equipment | 23 | €28,905 | €37,880 | +€8,974 | +31.0% |
| Furniture and vehicles | 24 | €35,667 | €16,634 | -€19,033 | -53.4% |
| Other tangible fixed assets | 26 | €1,056,532 | €1,046,952 | -€9,579 | -0.9% |
| Financial fixed assets | 28 | €1,298 | €1,298 | = | 0.0% |
| Current assets | 29/58 | €212,261 | €235,535 | +€23,274 | +11.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €74,895 | €101,525 | +€26,630 | +35.6% |
| Trade receivables | 40 | €74,895 | €91,865 | +€16,970 | +22.7% |
| Other amounts receivable | 41 | - | €9,660 | +€9,660 | |
| Cash at bank and in hand | 54/58 | €134,108 | €134,011 | -€97 | -0.1% |
| Deferred charges and accrued income | 490/1 | €3,259 | €0 | -€3,259 | -100% |
| Total equity and liabilities | 10/49 | €1,334,663 | €1,338,299 | +€3,637 | +0.3% |
| Equity | 10/15 | €635,976 | €661,666 | +€25,690 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €585,220 | €610,820 | +€25,600 | +4.4% |
| Distributable reserves | 133 | €585,220 | €610,820 | +€25,600 | +4.4% |
| Profit (loss) carried forward | 14 | €26,098 | €26,188 | +€90 | +0.3% |
| Investment grants | 15 | €6,058 | €6,058 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,019 | €2,019 | = | 0.0% |
| Deferred taxes | 168 | €2,019 | €2,019 | = | 0.0% |
| Amounts payable | 17/49 | €696,668 | €674,614 | -€22,053 | -3.2% |
| Amounts payable after more than one year | 17 | €480,216 | €464,818 | -€15,397 | -3.2% |
| Financial debts | 170/4 | €480,216 | €464,818 | -€15,397 | -3.2% |
| Amounts payable within one year | 42/48 | €208,738 | €202,213 | -€6,524 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €57,389 | €49,397 | -€7,991 | -13.9% |
| Trade debts | 44 | €33,124 | €29,349 | -€3,775 | -11.4% |
| Suppliers | 440/4 | €33,124 | €29,349 | -€3,775 | -11.4% |
| Taxes, remuneration and social security | 45 | €17,470 | €10,030 | -€7,440 | -42.6% |
| Taxes | 450/3 | €17,470 | €8,889 | -€8,581 | -49.1% |
| Remuneration and social security | 454/9 | €0 | €1,141 | +€1,141 | |
| Other amounts payable | 47/48 | €100,755 | €113,437 | +€12,683 | +12.6% |
| Accrued charges and deferred income | 492/3 | €7,714 | €7,582 | -€132 | -1.7% |
| Remuneration, social security and pensions | 62 | €13,614 | €20,290 | +€6,676 | +49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,267 | €85,022 | +€2,755 | +3.3% |
| Other operating charges | 640/8 | €7,384 | €7,244 | -€140 | -1.9% |
| Gross operating margin | 9900 | €178,328 | €164,485 | -€13,843 | -7.8% |
| Operating profit (loss) | 9901 | €75,063 | €51,929 | -€23,134 | -30.8% |
| Financial income | 75/76B | €3,310 | €1,426 | -€1,884 | -56.9% |
| Recurring financial income | 75 | €3,310 | €1,426 | -€1,884 | -56.9% |
| Financial charges | 65/66B | €23,133 | €22,321 | -€812 | -3.5% |
| Recurring financial charges | 65 | €23,133 | €22,321 | -€812 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €55,241 | €31,034 | -€24,206 | -43.8% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €11,688 | €5,344 | -€6,344 | -54.3% |
| Profit (loss) for the period | 9904 | €43,553 | €25,690 | -€17,863 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,553 | €25,690 | -€17,863 | -41.0% |
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 17 October 2026 via checked.be.