RemEst-Timber: 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.
RemEst-Timber
Largest movements
- Receivables within one year +€19,587
up €19,587 (+115%), from €17,074 to €36,661
of which Trade receivables: +€14,221
- Cash -€9,019
down €9,019 (-45.8%), from €19,678 to €10,658
mainly Investment in fixed assets (net) (-€27,593) and Receivables within one year (-€19,587)
- Stocks and contracts +€6,148
new in 2025: €6,148
- Trade debts +€29,736
up €29,736 (+155%), from €19,147 to €48,883
- Profit (loss) carried forward -€12,542
down €12,542 (-22.7%), from €55,358 to €42,816
- Current portion of long-term debt +€5,106
up €5,106 (+24.5%), from €20,852 to €25,958
- Tax, wage and social debts -€4,530
down €4,530 (-96.8%), from €4,681 to €151
of which Taxes: -€4,530
- Debts after one year -€3,890
down €3,890 (-2.0%), from €198,341 to €194,451
- Gross operating margin -€9,811
down €9,811 (-29.4%), from €33,408 to €23,597
- Depreciation +€2,968
up €2,968 (+11.4%), from €25,961 to €28,929
- Other operating charges -€1,144
down €1,144 (-42.6%), from €2,689 to €1,544
- Taxes -€621
down €621 (-80.4%), from €773 to €151
- Financial income +€431
up €431 (+107%), from €401 to €832
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 | €300,379 | €314,259 | +€13,880 | +4.6% |
| Fixed assets | 21/28 | €261,639 | €260,303 | -€1,336 | -0.5% |
| Tangible fixed assets | 22/27 | €261,639 | €260,303 | -€1,336 | -0.5% |
| Land and buildings | 22 | €192,331 | €187,519 | -€4,812 | -2.5% |
| Plant, machinery and equipment | 23 | €18,024 | €11,744 | -€6,279 | -34.8% |
| Furniture and vehicles | 24 | €51,284 | €60,141 | +€8,856 | +17.3% |
| Other tangible fixed assets | 26 | €0 | €899 | +€899 | |
| Current assets | 29/58 | €38,740 | €53,956 | +€15,216 | +39.3% |
| Stocks and contracts in progress | 3 | - | €6,148 | +€6,148 | |
| Stocks | 30/36 | - | €6,148 | +€6,148 | |
| Amounts receivable within one year | 40/41 | €17,074 | €36,661 | +€19,587 | +115% |
| Trade receivables | 40 | €8,518 | €22,739 | +€14,221 | +167% |
| Other amounts receivable | 41 | €8,556 | €13,922 | +€5,366 | +62.7% |
| Cash at bank and in hand | 54/58 | €19,678 | €10,658 | -€9,019 | -45.8% |
| Deferred charges and accrued income | 490/1 | €1,988 | €488 | -€1,500 | -75.4% |
| Total equity and liabilities | 10/49 | €300,379 | €314,259 | +€13,880 | +4.6% |
| Equity | 10/15 | €57,358 | €44,816 | -€12,542 | -21.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,358 | €42,816 | -€12,542 | -22.7% |
| Amounts payable | 17/49 | €243,022 | €269,444 | +€26,422 | +10.9% |
| Amounts payable after more than one year | 17 | €198,341 | €194,451 | -€3,890 | -2.0% |
| Financial debts | 170/4 | €198,341 | €194,451 | -€3,890 | -2.0% |
| Amounts payable within one year | 42/48 | €44,680 | €74,992 | +€30,312 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €20,852 | €25,958 | +€5,106 | +24.5% |
| Trade debts | 44 | €19,147 | €48,883 | +€29,736 | +155% |
| Suppliers | 440/4 | €19,147 | €48,883 | +€29,736 | +155% |
| Taxes, remuneration and social security | 45 | €4,681 | €151 | -€4,530 | -96.8% |
| Taxes | 450/3 | €4,681 | €151 | -€4,530 | -96.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,961 | €28,929 | +€2,968 | +11.4% |
| Other operating charges | 640/8 | €2,689 | €1,544 | -€1,144 | -42.6% |
| Gross operating margin | 9900 | €33,408 | €23,597 | -€9,811 | -29.4% |
| Operating profit (loss) | 9901 | €4,758 | -€6,876 | -€11,635 | |
| Financial income | 75/76B | €401 | €832 | +€431 | +107% |
| Recurring financial income | 75 | €401 | €832 | +€431 | +107% |
| Financial charges | 65/66B | €6,643 | €6,347 | -€296 | -4.5% |
| Recurring financial charges | 65 | €6,643 | €6,347 | -€296 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,483 | -€12,391 | -€10,908 | -735% |
| Income taxes | 67/77 | €773 | €151 | -€621 | -80.4% |
| Profit (loss) for the period | 9904 | -€2,256 | -€12,542 | -€10,286 | -456% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,256 | -€12,542 | -€10,286 | -456% |
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.