REMISE: 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.
REMISE
Largest movements
- Tangible fixed assets +€46,848
up €46,848 (+10.5%), from €448,135 to €494,982
of which Plant, machinery and equipment: +€54,538
- Cash +€22,024
up €22,024 (+22.0%), from €100,037 to €122,060
mainly Net result for the year (+€45,794) and Depreciation (+€43,613)
- Deferred charges and accrued income -€21,938
down €21,938 (-84.7%), from €25,906 to €3,968
- Receivables within one year -€9,701
down €9,701 (-42.9%), from €22,606 to €12,904
of which Trade receivables: -€9,785
- Reserves +€45,794
up €45,794 (+25.9%), from €176,819 to €222,612
- Debts after one year +€34,457
up €34,457 (+14.1%), from €243,584 to €278,041
- Other debts -€22,709
down €22,709 (-54.2%), from €41,907 to €19,198
- Advances received -€15,416
down €15,416 (-28.9%), from €53,356 to €37,940
- Current portion of long-term debt +€13,825
up €13,825 (+46.5%), from €29,719 to €43,543
- Gross operating margin +€60,358
up €60,358 (+23.1%), from €261,568 to €321,926
- Taxes +€13,432
up €13,432 (+205%), from €6,548 to €19,980
- Staff costs +€11,207
up €11,207 (+5.9%), from €191,176 to €202,383
- Depreciation +€9,227
up €9,227 (+26.8%), from €34,386 to €43,613
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 | €605,427 | €643,198 | +€37,770 | +6.2% |
| Fixed assets | 21/28 | €448,135 | €494,982 | +€46,848 | +10.5% |
| Tangible fixed assets | 22/27 | €448,135 | €494,982 | +€46,848 | +10.5% |
| Land and buildings | 22 | €364,529 | €356,839 | -€7,691 | -2.1% |
| Plant, machinery and equipment | 23 | €83,605 | €138,144 | +€54,538 | +65.2% |
| Current assets | 29/58 | €157,293 | €148,216 | -€9,077 | -5.8% |
| Stocks and contracts in progress | 3 | €8,744 | €9,283 | +€539 | +6.2% |
| Stocks | 30/36 | €8,744 | €9,283 | +€539 | +6.2% |
| Amounts receivable within one year | 40/41 | €22,606 | €12,904 | -€9,701 | -42.9% |
| Trade receivables | 40 | €14,622 | €4,837 | -€9,785 | -66.9% |
| Other amounts receivable | 41 | €7,984 | €8,067 | +€83 | +1.0% |
| Cash at bank and in hand | 54/58 | €100,037 | €122,060 | +€22,024 | +22.0% |
| Deferred charges and accrued income | 490/1 | €25,906 | €3,968 | -€21,938 | -84.7% |
| Total equity and liabilities | 10/49 | €605,427 | €643,198 | +€37,770 | +6.2% |
| Equity | 10/15 | €182,974 | €228,768 | +€45,794 | +25.0% |
| Contributions | 10/11 | €6,155 | €6,155 | = | 0.0% |
| Reserves | 13 | €176,819 | €222,612 | +€45,794 | +25.9% |
| Distributable reserves | 133 | €176,819 | €222,612 | +€45,794 | +25.9% |
| Amounts payable | 17/49 | €422,453 | €414,430 | -€8,023 | -1.9% |
| Amounts payable after more than one year | 17 | €243,584 | €278,041 | +€34,457 | +14.1% |
| Financial debts | 170/4 | €243,584 | €278,041 | +€34,457 | +14.1% |
| Amounts payable within one year | 42/48 | €165,900 | €131,695 | -€34,204 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €29,719 | €43,543 | +€13,825 | +46.5% |
| Trade debts | 44 | €8,012 | €8,703 | +€691 | +8.6% |
| Suppliers | 440/4 | €8,012 | €8,703 | +€691 | +8.6% |
| Advances received on contracts in progress | 46 | €53,356 | €37,940 | -€15,416 | -28.9% |
| Taxes, remuneration and social security | 45 | €32,906 | €22,311 | -€10,595 | -32.2% |
| Taxes | 450/3 | €10,751 | €9,864 | -€887 | -8.2% |
| Remuneration and social security | 454/9 | €22,155 | €12,447 | -€9,708 | -43.8% |
| Other amounts payable | 47/48 | €41,907 | €19,198 | -€22,709 | -54.2% |
| Accrued charges and deferred income | 492/3 | €12,969 | €4,694 | -€8,276 | -63.8% |
| Remuneration, social security and pensions | 62 | €191,176 | €202,383 | +€11,207 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,386 | €43,613 | +€9,227 | +26.8% |
| Other operating charges | 640/8 | €354 | €227 | -€127 | -35.9% |
| Gross operating margin | 9900 | €261,568 | €321,926 | +€60,358 | +23.1% |
| Operating profit (loss) | 9901 | €35,652 | €75,703 | +€40,051 | +112% |
| Financial income | 75/76B | €578 | €989 | +€411 | +71.2% |
| Recurring financial income | 75 | €578 | €989 | +€411 | +71.2% |
| Financial charges | 65/66B | €11,757 | €10,918 | -€839 | -7.1% |
| Recurring financial charges | 65 | €11,757 | €10,918 | -€839 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €24,472 | €65,774 | +€41,301 | +169% |
| Income taxes | 67/77 | €6,548 | €19,980 | +€13,432 | +205% |
| Profit (loss) for the period | 9904 | €17,924 | €45,794 | +€27,870 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €17,924 | €45,794 | +€27,870 | +155% |
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 16 October 2026 via checked.be.