REMIC: 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.
What changed
REMIC
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17.1m
2024 · €75,513+€17.0m
Equity
€2.9m
2024 · €5.9m-€2.9m
Cash
€63,628
2024 · €54,075+€9,553
Balance sheet total
€7.1m
2024 · €7.0m+€86,083
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€3.0m
new in 2025: €3.0m
- Reserves -€2.9m
down €2.9m (-75.6%), from €3.9m to €946,740
of which Distributable reserves: -€2.9m
Income statement
- Financial income +€17.0m
up €17.0m (+5412692.0%), from €314 to €17.0m
- Other operating charges -€137,138
down €137,138 (-54.3%), from €252,578 to €115,440
- Other operating income -€132,951
down €132,951 (-44.1%), from €301,505 to €168,554
- Turnover +€35,277
up €35,277 (+3.6%), from €986,542 to €1.0m
- Staff costs +€28,397
up €28,397 (+7.4%), from €386,262 to €414,659
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
€75,513
Turnover
+€35,277
Other operating income
-€132,951
Services and other goods
-€8,113
Staff costs
-€28,397
Depreciation
+€901
Other operating charges
+€137,138
Financial income
+€17.0m
Financial charges
-€334
Taxes
-€2,621
Result 2025
€17.1m
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.
From operations
+€20.0m
Investment
-€24,729
Financing
-€20.0m
Cash 2024
€54,075
From operations (derived)
+€20.0m
Net result for the year
+€17.1m
Depreciation
+€3,257
Receivables within one year
-€55,035
Smaller working-capital items
+€13,794
Other debts
+€3.0m
Investment (derived)
-€24,729
Investment in fixed assets (net)
-€1,520
Current investments
-€23,209
Financing
-€20.0m
Contributions, distributions and other
-€20.0m
Cash 2025
€63,628
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,972,365 | €7,058,448 | +€86,083 | +1.2% |
| Fixed assets | 21/28 | €5,841,519 | €5,839,782 | -€1,737 | 0.0% |
| Tangible fixed assets | 22/27 | €4,917 | €3,180 | -€1,737 | -35.3% |
| Furniture and vehicles | 24 | €4,917 | €3,180 | -€1,737 | -35.3% |
| Financial fixed assets | 28 | €5,836,602 | €5,836,602 | = | 0.0% |
| Affiliated companies | 280/1 | €5,836,602 | €5,836,602 | = | 0.0% |
| Participating interests | 280 | €5,836,602 | €5,836,602 | = | 0.0% |
| Current assets | 29/58 | €1,130,846 | €1,218,666 | +€87,820 | +7.8% |
| Amounts receivable within one year | 40/41 | €426,950 | €481,985 | +€55,035 | +12.9% |
| Trade receivables | 40 | €407,735 | €461,386 | +€53,651 | +13.2% |
| Other amounts receivable | 41 | €19,215 | €20,599 | +€1,384 | +7.2% |
| Current investments | 50/53 | €649,762 | €672,971 | +€23,209 | +3.6% |
| Other investments | 51/53 | €649,762 | €672,971 | +€23,209 | +3.6% |
| Cash at bank and in hand | 54/58 | €54,075 | €63,628 | +€9,553 | +17.7% |
| Deferred charges and accrued income | 490/1 | €59 | €82 | +€23 | +39.0% |
| Total equity and liabilities | 10/49 | €6,972,365 | €7,058,448 | +€86,083 | +1.2% |
| Equity | 10/15 | €5,874,474 | €2,946,740 | -€2.9m | -49.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €3,874,474 | €946,740 | -€2.9m | -75.6% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €3,674,474 | €746,740 | -€2.9m | -79.7% |
| Amounts payable | 17/49 | €1,097,891 | €4,111,708 | +€3.0m | +274.5% |
| Amounts payable within one year | 42/48 | €1,097,891 | €4,111,708 | +€3.0m | +274.5% |
| Trade debts | 44 | €383,288 | €380,754 | -€2,534 | -0.7% |
| Suppliers | 440/4 | €383,288 | €380,754 | -€2,534 | -0.7% |
| Taxes, remuneration and social security | 45 | €714,603 | €730,954 | +€16,351 | +2.3% |
| Taxes | 450/3 | €11,718 | €14,415 | +€2,697 | +23.0% |
| Remuneration and social security | 454/9 | €702,885 | €716,539 | +€13,654 | +1.9% |
| Other amounts payable | 47/48 | - | €3,000,000 | +€3.0m | |
| Operating income | 70/76A | €1,288,047 | €1,190,373 | -€97,674 | -7.6% |
| Turnover | 70 | €986,542 | €1,021,819 | +€35,277 | +3.6% |
| Other operating income | 74 | €301,505 | €168,554 | -€132,951 | -44.1% |
| Operating charges | 60/66A | €1,172,890 | €1,071,361 | -€101,529 | -8.7% |
| Services and other goods | 61 | €529,892 | €538,005 | +€8,113 | +1.5% |
| Remuneration, social security and pensions | 62 | €386,262 | €414,659 | +€28,397 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,158 | €3,257 | -€901 | -21.7% |
| Other operating charges | 640/8 | €252,578 | €115,440 | -€137,138 | -54.3% |
| Operating profit (loss) | 9901 | €115,157 | €119,012 | +€3,855 | +3.3% |
| Financial income | 75/76B | €314 | €16,996,167 | +€17.0m | +5412692.0% |
| Recurring financial income | 75 | €314 | €16,996,167 | +€17.0m | +5412692.0% |
| Income from financial fixed assets | 750 | €314 | €16,996,167 | +€17.0m | +5412692.0% |
| Financial charges | 65/66B | €9,532 | €9,866 | +€334 | +3.5% |
| Recurring financial charges | 65 | €9,532 | €9,866 | +€334 | +3.5% |
| Other financial charges | 652/9 | €9,532 | €9,866 | +€334 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €105,939 | €17,105,313 | +€17.0m | +16046.4% |
| Income taxes | 67/77 | €30,426 | €33,047 | +€2,621 | +8.6% |
| Taxes | 670/3 | €30,426 | €33,047 | +€2,621 | +8.6% |
| Profit (loss) for the period | 9904 | €75,513 | €17,072,266 | +€17.0m | +22508.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,513 | €17,072,266 | +€17.0m | +22508.4% |
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.