REMIGO: 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.
REMIGO
Largest movements
- Receivables within one year +€283,120
up €283,120 (+159.9%), from €177,085 to €460,205
- Cash +€30,505
up €30,505 (+39.7%), from €76,855 to €107,360
mainly Trade debts (+€346,025) and Depreciation (+€210,617)
- Tangible fixed assets +€29,627
up €29,627 (+2.4%), from €1.2m to €1.3m
of which Land and buildings: +€98,692
- Trade debts +€346,025
up €346,025 (+332.9%), from €103,956 to €449,981
- Current portion of long-term debt -€21,318
down €21,318 (-16.6%), from €128,046 to €106,728
- Gross operating margin +€66,757
up €66,757 (+13.9%), from €479,275 to €546,031
- Other operating charges +€29,436
up €29,436 (+18.3%), from €160,807 to €190,243
- Depreciation +€13,359
up €13,359 (+6.8%), from €197,258 to €210,617
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,487,236 | €1,826,536 | +€339,300 | +22.8% |
| Fixed assets | 21/28 | €1,225,890 | €1,255,516 | +€29,627 | +2.4% |
| Tangible fixed assets | 22/27 | €1,225,890 | €1,255,516 | +€29,627 | +2.4% |
| Land and buildings | 22 | €945,034 | €1,043,726 | +€98,692 | +10.4% |
| Plant, machinery and equipment | 23 | €233,823 | €203,011 | -€30,812 | -13.2% |
| Furniture and vehicles | 24 | €47,033 | €8,780 | -€38,253 | -81.3% |
| Current assets | 29/58 | €261,347 | €571,020 | +€309,673 | +118.5% |
| Amounts receivable within one year | 40/41 | €177,085 | €460,205 | +€283,120 | +159.9% |
| Trade receivables | 40 | €177,085 | €460,205 | +€283,120 | +159.9% |
| Cash at bank and in hand | 54/58 | €76,855 | €107,360 | +€30,505 | +39.7% |
| Deferred charges and accrued income | 490/1 | €7,407 | €3,455 | -€3,952 | -53.4% |
| Total equity and liabilities | 10/49 | €1,487,236 | €1,826,536 | +€339,300 | +22.8% |
| Equity | 10/15 | -€493,126 | -€483,555 | +€9,570 | +1.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€494,126 | -€484,555 | +€9,570 | +1.9% |
| Amounts payable | 17/49 | €1,980,362 | €2,310,092 | +€329,730 | +16.6% |
| Amounts payable after more than one year | 17 | €1,682,457 | €1,682,376 | -€81 | 0.0% |
| Financial debts | 170/4 | €1,682,457 | €1,682,376 | -€81 | 0.0% |
| Amounts payable within one year | 42/48 | €293,600 | €621,297 | +€327,697 | +111.6% |
| Current portion of amounts payable after more than one year | 42 | €128,046 | €106,728 | -€21,318 | -16.6% |
| Financial debts | 43 | - | €5,834 | +€5,834 | |
| Credit institutions | 430/8 | - | €5,834 | +€5,834 | |
| Trade debts | 44 | €103,956 | €449,981 | +€346,025 | +332.9% |
| Suppliers | 440/4 | €103,956 | €449,981 | +€346,025 | +332.9% |
| Taxes, remuneration and social security | 45 | €61,598 | €58,754 | -€2,844 | -4.6% |
| Taxes | 450/3 | €29,946 | €39,132 | +€9,186 | +30.7% |
| Remuneration and social security | 454/9 | €31,653 | €19,623 | -€12,030 | -38.0% |
| Accrued charges and deferred income | 492/3 | €4,305 | €6,419 | +€2,114 | +49.1% |
| Remuneration, social security and pensions | 62 | €128,952 | €127,663 | -€1,289 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,258 | €210,617 | +€13,359 | +6.8% |
| Other operating charges | 640/8 | €160,807 | €190,243 | +€29,436 | +18.3% |
| Gross operating margin | 9900 | €479,275 | €546,031 | +€66,757 | +13.9% |
| Operating profit (loss) | 9901 | -€7,743 | €17,509 | +€25,251 | |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.9% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.9% |
| Financial charges | 65/66B | €7,511 | €7,938 | +€427 | +5.7% |
| Recurring financial charges | 65 | €7,511 | €7,938 | +€427 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,236 | €9,570 | +€24,806 | |
| Profit (loss) for the period | 9904 | -€15,236 | €9,570 | +€24,806 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,236 | €9,570 | +€24,806 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.