Remeha: 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.
What changed
Remeha
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€766,207
2024 · -€206,754+€972,960
Equity
€4.7m
2024 · €3.9m+€766,207
Cash
€448,487
2024 · €2.1m-€1.7m
Balance sheet total
€5.9m
2024 · €9.8m-€3.9m
Largest movements
Assets
- Receivables within one year -€4.4m
down €4.4m (-85.7%), from €5.1m to €726,948
of which Other amounts receivable: -€2.7m
- Receivables after one year +€3.5m
new in 2025: €3.5m
- Cash -€1.7m
down €1.7m (-79.0%), from €2.1m to €448,487
mainly Receivables after one year (-€3.5m) and Trade debts (-€2.1m)
- Intangible fixed assets -€509,491
down €509,491 (-52.9%), from €963,355 to €453,864
- Deferred charges and accrued income -€475,949
down €475,949 (-71.0%), from €670,618 to €194,670
Equity and liabilities
- Trade debts -€2.1m
down €2.1m (-90.6%), from €2.3m to €217,728
- Accrued charges and deferred income -€1.9m
down €1.9m (-93.0%), from €2.0m to €142,775
- Profit (loss) carried forward +€759,534
up €759,534 (+22.2%), from -€3.4m to -€2.7m
- Tax, wage and social debts -€699,292
down €699,292 (-46.7%), from €1.5m to €798,333
of which Taxes: -€395,366
Income statement
- Turnover -€26.0m
down €26.0m (-71.4%), from €36.4m to €10.4m
- Goods and materials -€22.9m
no longer reported in 2025 (was €22.9m)
of which Purchases: -€20.5m
- Services and other goods -€2.6m
down €2.6m (-52.1%), from €4.9m to €2.3m
- Staff costs -€1.2m
down €1.2m (-15.1%), from €8.2m to €7.0m
- Other operating income -€1.2m
down €1.2m (-98.3%), from €1.2m to €19,553
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.
Result 2024
-€206,754
Turnover
-€26.0m
Other operating income
-€1.2m
Goods and materials
+€22.9m
Services and other goods
+€2.6m
Staff costs
+€1.2m
Depreciation
+€360,636
Write-downs
-€4,696
Other operating charges
+€267,641
Other operating items
+€161,331
Financial income
+€23,511
Financial charges
+€607,277
Taxes
+€1,591
Result 2025
€766,207
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.9m
Investment
+€224,044
Financing
€0
Cash 2024
€2.1m
From operations (derived)
-€1.9m
Net result for the year
+€766,207
Depreciation
+€373,383
Receivables after one year
-€3.5m
Stocks and contracts
+€298,230
Receivables within one year
+€4.4m
Deferred charges and accrued income
+€475,949
Trade debts
-€2.1m
Tax, wage and social debts
-€699,292
Accrued charges and deferred income
-€1.9m
Investment (derived)
+€224,044
Investment in fixed assets (net)
+€224,044
Cash 2025
€448,487
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,789,701 | €5,866,041 | -€3.9m | -40.1% |
| Fixed assets | 21/28 | €1,601,928 | €1,004,500 | -€597,427 | -37.3% |
| Intangible fixed assets | 21 | €963,355 | €453,864 | -€509,491 | -52.9% |
| Tangible fixed assets | 22/27 | €638,492 | €550,556 | -€87,936 | -13.8% |
| Plant, machinery and equipment | 23 | €189,878 | €163,965 | -€25,913 | -13.6% |
| Furniture and vehicles | 24 | €51,257 | €23,168 | -€28,089 | -54.8% |
| Other tangible fixed assets | 26 | €149,457 | €115,522 | -€33,935 | -22.7% |
| Assets under construction and advance payments | 27 | €247,901 | €247,901 | = | 0.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Other financial fixed assets | 284/8 | €80 | €80 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €8,187,773 | €4,861,540 | -€3.3m | -40.6% |
| Amounts receivable after more than one year | 29 | - | €3,491,436 | +€3.5m | |
| Other amounts receivable | 291 | - | €3,491,436 | +€3.5m | |
| Stocks and contracts in progress | 3 | €298,230 | - | -€298,230 | |
| Stocks | 30/36 | €298,230 | - | -€298,230 | |
| Raw materials and consumables | 30/31 | €26,622 | - | -€26,622 | |
| Goods purchased for resale | 34 | €271,608 | - | -€271,608 | |
| Amounts receivable within one year | 40/41 | €5,081,971 | €726,948 | -€4.4m | -85.7% |
| Trade receivables | 40 | €2,390,285 | €694,272 | -€1.7m | -71.0% |
| Other amounts receivable | 41 | €2,691,686 | €32,676 | -€2.7m | -98.8% |
| Cash at bank and in hand | 54/58 | €2,136,954 | €448,487 | -€1.7m | -79.0% |
| Deferred charges and accrued income | 490/1 | €670,618 | €194,670 | -€475,949 | -71.0% |
| Total equity and liabilities | 10/49 | €9,789,701 | €5,866,041 | -€3.9m | -40.1% |
| Equity | 10/15 | €3,940,998 | €4,707,205 | +€766,207 | +19.4% |
| Contributions | 10/11 | €7,033,087 | €7,033,087 | = | 0.0% |
| Capital | 10 | €7,033,087 | €7,033,087 | = | 0.0% |
| Issued capital | 100 | €7,033,087 | €7,033,087 | = | 0.0% |
| Reserves | 13 | €330,198 | €336,871 | +€6,673 | +2.0% |
| Non-distributable reserves | 130/1 | €77,789 | €77,789 | = | 0.0% |
| Legal reserve | 130 | €77,789 | €77,789 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,861 | €24,533 | +€6,673 | +37.4% |
| Distributable reserves | 133 | €234,549 | €234,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,422,287 | -€2,662,753 | +€759,534 | +22.2% |
| Amounts payable | 17/49 | €5,848,703 | €1,158,836 | -€4.7m | -80.2% |
| Amounts payable within one year | 42/48 | €3,814,615 | €1,016,061 | -€2.8m | -73.4% |
| Trade debts | 44 | €2,316,990 | €217,728 | -€2.1m | -90.6% |
| Suppliers | 440/4 | €2,316,990 | €217,728 | -€2.1m | -90.6% |
| Taxes, remuneration and social security | 45 | €1,497,625 | €798,333 | -€699,292 | -46.7% |
| Taxes | 450/3 | €410,366 | €15,000 | -€395,366 | -96.3% |
| Remuneration and social security | 454/9 | €1,087,259 | €783,333 | -€303,926 | -28.0% |
| Accrued charges and deferred income | 492/3 | €2,034,088 | €142,775 | -€1.9m | -93.0% |
| Operating income | 70/76A | €37,537,212 | €10,846,226 | -€26.7m | -71.1% |
| Turnover | 70 | €36,353,807 | €10,396,641 | -€26.0m | -71.4% |
| Other operating income | 74 | €1,183,405 | €19,553 | -€1.2m | -98.3% |
| Non-recurring operating income | 76A | - | €430,031 | +€430,031 | |
| Operating charges | 60/66A | €37,023,664 | €9,992,096 | -€27.0m | -73.0% |
| Goods for resale, raw materials and consumables | 60 | €22,884,698 | - | -€22.9m | |
| Purchases | 600/8 | €20,475,214 | - | -€20.5m | |
| Change in stocks: decrease (increase) | 609 | €2,409,484 | - | -€2.4m | |
| Services and other goods | 61 | €4,903,185 | €2,348,908 | -€2.6m | -52.1% |
| Remuneration, social security and pensions | 62 | €8,208,751 | €6,971,038 | -€1.2m | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734,018 | €373,383 | -€360,636 | -49.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,696 | - | +€4,696 | |
| Other operating charges | 640/8 | €297,708 | €30,067 | -€267,641 | -89.9% |
| Non-recurring operating charges | 66A | - | €268,700 | +€268,700 | |
| Operating profit (loss) | 9901 | €513,548 | €854,130 | +€340,581 | +66.3% |
| Financial income | 75/76B | €44,628 | €68,139 | +€23,511 | +52.7% |
| Recurring financial income | 75 | €44,628 | €68,139 | +€23,511 | +52.7% |
| Income from current assets | 751 | €34,269 | €59,618 | +€25,349 | +74.0% |
| Other financial income | 752/9 | €10,360 | €8,521 | -€1,838 | -17.7% |
| Financial charges | 65/66B | €754,570 | €147,293 | -€607,277 | -80.5% |
| Recurring financial charges | 65 | €754,570 | €147,293 | -€607,277 | -80.5% |
| Debt charges | 650 | €124,641 | €119,722 | -€4,919 | -3.9% |
| Other financial charges | 652/9 | €629,928 | €27,571 | -€602,357 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | -€196,393 | €774,975 | +€971,369 | |
| Income taxes | 67/77 | €10,360 | €8,769 | -€1,591 | -15.4% |
| Taxes | 670/3 | €10,360 | €8,769 | -€1,591 | -15.4% |
| Profit (loss) for the period | 9904 | -€206,754 | €766,207 | +€972,960 | |
| Transfer to tax-exempt reserves | 689 | €6,673 | €6,673 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€213,426 | €759,534 | +€972,960 |
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 15 October 2026 via checked.be.