REMO: 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.
REMO
Largest movements
- Tangible fixed assets -€39,500
down €39,500 (-10.6%), from €373,221 to €333,721
of which Land and buildings: -€37,500
- Receivables within one year -€4,755
down €4,755 (-20.5%), from €23,239 to €18,484
- Debts after one year -€53,581
down €53,581 (-20.9%), from €256,411 to €202,831
of which Financial debts: -€64,161
- Trade debts +€51,076
up €51,076 (+160%), from €31,893 to €82,969
- Current portion of long-term debt -€34,811
no longer reported in 2025 (was €34,811)
- Reserves -€4,053
down €4,053 (-8.6%), from €47,179 to €43,126
- Financial charges +€28,522
up €28,522 (+297%), from €9,593 to €38,115
- Depreciation -€8,613
down €8,613 (-17.9%), from €48,113 to €39,500
- Taxes -€4,789
no longer reported in 2025 (was €4,789)
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 | €396,553 | €352,219 | -€44,333 | -11.2% |
| Fixed assets | 21/28 | €373,221 | €333,721 | -€39,500 | -10.6% |
| Tangible fixed assets | 22/27 | €373,221 | €333,721 | -€39,500 | -10.6% |
| Land and buildings | 22 | €368,750 | €331,250 | -€37,500 | -10.2% |
| Plant, machinery and equipment | 23 | €4,471 | €2,471 | -€2,000 | -44.7% |
| Current assets | 29/58 | €23,331 | €18,498 | -€4,833 | -20.7% |
| Amounts receivable within one year | 40/41 | €23,239 | €18,484 | -€4,755 | -20.5% |
| Other amounts receivable | 41 | €23,239 | €18,484 | -€4,755 | -20.5% |
| Cash at bank and in hand | 54/58 | €92 | €14 | -€78 | -84.6% |
| Total equity and liabilities | 10/49 | €396,553 | €352,219 | -€44,333 | -11.2% |
| Equity | 10/15 | €54,179 | €50,126 | -€4,053 | -7.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €47,179 | €43,126 | -€4,053 | -8.6% |
| Distributable reserves | 133 | €47,179 | €43,126 | -€4,053 | -8.6% |
| Amounts payable | 17/49 | €342,374 | €302,094 | -€40,280 | -11.8% |
| Amounts payable after more than one year | 17 | €256,411 | €202,831 | -€53,581 | -20.9% |
| Financial debts | 170/4 | €152,411 | €88,250 | -€64,161 | -42.1% |
| Other amounts payable | 178/9 | €104,001 | €114,581 | +€10,580 | +10.2% |
| Amounts payable within one year | 42/48 | €85,963 | €99,263 | +€13,300 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €34,811 | - | -€34,811 | |
| Trade debts | 44 | €31,893 | €82,969 | +€51,076 | +160% |
| Suppliers | 440/4 | €31,893 | €82,969 | +€51,076 | +160% |
| Taxes, remuneration and social security | 45 | €7,753 | €4,789 | -€2,964 | -38.2% |
| Taxes | 450/3 | €7,753 | €4,789 | -€2,964 | -38.2% |
| Other amounts payable | 47/48 | €11,505 | €11,505 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,113 | €39,500 | -€8,613 | -17.9% |
| Other operating charges | 640/8 | €7,709 | €7,942 | +€233 | +3.0% |
| Gross operating margin | 9900 | €81,623 | €81,504 | -€119 | -0.1% |
| Operating profit (loss) | 9901 | €25,801 | €34,062 | +€8,261 | +32.0% |
| Financial charges | 65/66B | €9,593 | €38,115 | +€28,522 | +297% |
| Recurring financial charges | 65 | €9,593 | €38,115 | +€28,522 | +297% |
| Profit (loss) for the period before taxes | 9903 | €16,208 | -€4,053 | -€20,261 | |
| Income taxes | 67/77 | €4,789 | - | -€4,789 | |
| Profit (loss) for the period | 9904 | €11,419 | -€4,053 | -€15,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,419 | -€4,053 | -€15,472 |
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.