REMIND WALLONIA: 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.
REMIND WALLONIA
Largest movements
- Receivables within one year +€30,118
up €30,118 (+36.5%), from €82,424 to €112,542
of which Trade receivables: +€31,421
- Cash -€12,808
down €12,808 (-5.6%), from €227,326 to €214,518
mainly Debts after one year (-€95,000) and Receivables within one year (-€30,118)
- Deferred charges and accrued income -€11,212
down €11,212 (-32.3%), from €34,705 to €23,494
- Tangible fixed assets -€6,551
down €6,551 (-35.3%), from €18,552 to €12,000
of which Furniture and vehicles: -€5,843
- Debts after one year -€95,000
down €95,000 (-100%), from €95,000 to €0
- Current portion of long-term debt +€95,000
up €95,000, from €0 to €95,000
- Tax, wage and social debts +€21,040
up €21,040 (+108%), from €19,539 to €40,580
of which Taxes: +€17,979
- Reserves -€8,944
down €8,944 (-100%), from €8,944 to €0
- Profit (loss) carried forward -€6,467
new in 2025: -€6,467
- Staff costs +€8,234
up €8,234 (+8.2%), from €100,347 to €108,581
- Taxes -€7,023
down €7,023 (-94.0%), from €7,473 to €450
- Gross operating margin -€5,449
down €5,449 (-4.2%), from €129,117 to €123,668
- Write-downs -€3,058
down €3,058 (-100%), from €3,058 to €0
- Depreciation +€2,934
up €2,934 (+91.3%), from €3,215 to €6,150
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 | €363,006 | €363,906 | +€900 | +0.2% |
| Fixed assets | 21/28 | €18,552 | €13,353 | -€5,199 | -28.0% |
| Intangible fixed assets | 21 | - | €1,352 | +€1,352 | |
| Tangible fixed assets | 22/27 | €18,552 | €12,000 | -€6,551 | -35.3% |
| Plant, machinery and equipment | 23 | €3,224 | €2,516 | -€708 | -22.0% |
| Furniture and vehicles | 24 | €15,328 | €9,485 | -€5,843 | -38.1% |
| Current assets | 29/58 | €344,455 | €350,554 | +€6,099 | +1.8% |
| Amounts receivable within one year | 40/41 | €82,424 | €112,542 | +€30,118 | +36.5% |
| Trade receivables | 40 | €81,121 | €112,542 | +€31,421 | +38.7% |
| Other amounts receivable | 41 | €1,303 | €0 | -€1,303 | -100% |
| Cash at bank and in hand | 54/58 | €227,326 | €214,518 | -€12,808 | -5.6% |
| Deferred charges and accrued income | 490/1 | €34,705 | €23,494 | -€11,212 | -32.3% |
| Total equity and liabilities | 10/49 | €363,006 | €363,906 | +€900 | +0.2% |
| Equity | 10/15 | €48,944 | €33,533 | -€15,411 | -31.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €8,944 | €0 | -€8,944 | -100% |
| Distributable reserves | 133 | €8,944 | €0 | -€8,944 | -100% |
| Profit (loss) carried forward | 14 | - | -€6,467 | -€6,467 | |
| Provisions and deferred taxes | 16 | €2,355 | €2,132 | -€223 | -9.5% |
| Provisions for liabilities and charges | 160/5 | €2,355 | €2,132 | -€223 | -9.5% |
| Other liabilities and charges | 164/5 | €2,355 | €2,132 | -€223 | -9.5% |
| Amounts payable | 17/49 | €311,707 | €328,241 | +€16,534 | +5.3% |
| Amounts payable after more than one year | 17 | €95,000 | €0 | -€95,000 | -100% |
| Financial debts | 170/4 | €95,000 | €0 | -€95,000 | -100% |
| Amounts payable within one year | 42/48 | €216,674 | €328,101 | +€111,426 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €95,000 | +€95,000 | |
| Trade debts | 44 | €19,009 | €14,395 | -€4,614 | -24.3% |
| Suppliers | 440/4 | €19,009 | €14,395 | -€4,614 | -24.3% |
| Advances received on contracts in progress | 46 | €178,126 | €178,126 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,539 | €40,580 | +€21,040 | +108% |
| Taxes | 450/3 | €7,153 | €25,132 | +€17,979 | +251% |
| Remuneration and social security | 454/9 | €12,386 | €15,447 | +€3,061 | +24.7% |
| Accrued charges and deferred income | 492/3 | €32 | €140 | +€108 | +332% |
| Remuneration, social security and pensions | 62 | €100,347 | €108,581 | +€8,234 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €6,150 | +€2,934 | +91.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,058 | €0 | -€3,058 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,355 | €0 | -€2,355 | -100% |
| Other operating charges | 640/8 | €293 | €414 | +€122 | +41.6% |
| Non-recurring operating charges | 66A | - | €19,321 | +€19,321 | |
| Gross operating margin | 9900 | €129,117 | €123,668 | -€5,449 | -4.2% |
| Operating profit (loss) | 9901 | €19,849 | -€10,798 | -€30,648 | |
| Financial income | 75/76B | €1,064 | €1,667 | +€603 | +56.6% |
| Recurring financial income | 75 | €1,064 | €1,667 | +€603 | +56.6% |
| Financial charges | 65/66B | €6,013 | €5,830 | -€183 | -3.0% |
| Recurring financial charges | 65 | €6,013 | €5,830 | -€183 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €14,900 | -€14,961 | -€29,862 | |
| Income taxes | 67/77 | €7,473 | €450 | -€7,023 | -94.0% |
| Profit (loss) for the period | 9904 | €7,428 | -€15,411 | -€22,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,428 | -€15,411 | -€22,839 |
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 27 October 2026 via checked.be.