REMO PROJECT: 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.
REMO PROJECT
Largest movements
- Tangible fixed assets +€131,451
up €131,451 (+747.5%), from €17,585 to €149,036
of which Land and buildings: +€125,806
- Stocks and contracts +€71,582
new in 2025: €71,582
- Receivables within one year +€14,612
up €14,612 (+140.2%), from €10,423 to €25,035
of which Trade receivables: +€15,204
- Cash +€12,847
up €12,847 (+98.9%), from €12,993 to €25,840
mainly Other debts (+€86,031) and Debts after one year (+€83,388)
- Financial fixed assets +€8,000
new in 2025: €8,000
- Other debts +€86,031
up €86,031 (+504.3%), from €17,059 to €103,090
- Debts after one year +€83,388
up €83,388 (+2677.3%), from €3,115 to €86,502
- Advances received +€66,788
new in 2025: €66,788
- Reserves +€6,130
new in 2025: €6,130
- Profit (loss) carried forward -€2,971
down €2,971 (-48.5%), from €6,130 to €3,158
- Gross operating margin +€5,291
up €5,291 (+32.7%), from €16,186 to €21,477
- Financial charges +€1,200
up €1,200 (+298.6%), from €402 to €1,602
- Taxes +€638
up €638 (+47.9%), from €1,332 to €1,970
- Other operating charges +€532
up €532 (+82.7%), from €643 to €1,175
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,667 | €282,678 | +€240,011 | +562.5% |
| Fixed assets | 21/28 | €17,585 | €157,036 | +€139,451 | +793.0% |
| Tangible fixed assets | 22/27 | €17,585 | €149,036 | +€131,451 | +747.5% |
| Land and buildings | 22 | - | €125,806 | +€125,806 | |
| Plant, machinery and equipment | 23 | €2,551 | €4,577 | +€2,026 | +79.4% |
| Furniture and vehicles | 24 | €15,034 | €18,653 | +€3,619 | +24.1% |
| Financial fixed assets | 28 | - | €8,000 | +€8,000 | |
| Current assets | 29/58 | €25,082 | €125,642 | +€100,560 | +400.9% |
| Stocks and contracts in progress | 3 | - | €71,582 | +€71,582 | |
| Contracts in progress | 37 | - | €71,582 | +€71,582 | |
| Amounts receivable within one year | 40/41 | €10,423 | €25,035 | +€14,612 | +140.2% |
| Trade receivables | 40 | €9,637 | €24,840 | +€15,204 | +157.8% |
| Other amounts receivable | 41 | €786 | €195 | -€591 | -75.2% |
| Cash at bank and in hand | 54/58 | €12,993 | €25,840 | +€12,847 | +98.9% |
| Deferred charges and accrued income | 490/1 | €1,667 | €3,186 | +€1,519 | +91.2% |
| Total equity and liabilities | 10/49 | €42,667 | €282,678 | +€240,011 | +562.5% |
| Equity | 10/15 | €11,130 | €14,288 | +€3,158 | +28.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,130 | +€6,130 | |
| Distributable reserves | 133 | - | €6,130 | +€6,130 | |
| Profit (loss) carried forward | 14 | €6,130 | €3,158 | -€2,971 | -48.5% |
| Amounts payable | 17/49 | €31,537 | €268,390 | +€236,853 | +751.0% |
| Amounts payable after more than one year | 17 | €3,115 | €86,502 | +€83,388 | +2677.3% |
| Financial debts | 170/4 | €3,115 | €86,502 | +€83,388 | +2677.3% |
| Amounts payable within one year | 42/48 | €27,122 | €181,850 | +€154,728 | +570.5% |
| Current portion of amounts payable after more than one year | 42 | €4,069 | €6,123 | +€2,053 | +50.5% |
| Trade debts | 44 | €949 | €666 | -€283 | -29.8% |
| Suppliers | 440/4 | €949 | €666 | -€283 | -29.8% |
| Advances received on contracts in progress | 46 | - | €66,788 | +€66,788 | |
| Taxes, remuneration and social security | 45 | €5,046 | €5,183 | +€138 | +2.7% |
| Taxes | 450/3 | €5,046 | €5,183 | +€138 | +2.7% |
| Other amounts payable | 47/48 | €17,059 | €103,090 | +€86,031 | +504.3% |
| Accrued charges and deferred income | 492/3 | €1,300 | €38 | -€1,262 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,648 | €13,572 | -€76 | -0.6% |
| Other operating charges | 640/8 | €643 | €1,175 | +€532 | +82.7% |
| Gross operating margin | 9900 | €16,186 | €21,477 | +€5,291 | +32.7% |
| Operating profit (loss) | 9901 | €1,895 | €6,730 | +€4,835 | +255.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €402 | €1,602 | +€1,200 | +298.6% |
| Recurring financial charges | 65 | €402 | €1,602 | +€1,200 | +298.6% |
| Profit (loss) for the period before taxes | 9903 | €1,498 | €5,128 | +€3,631 | +242.4% |
| Income taxes | 67/77 | €1,332 | €1,970 | +€638 | +47.9% |
| Profit (loss) for the period | 9904 | €166 | €3,158 | +€2,992 | +1800.0% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €3,158 | +€2,992 | +1800.0% |
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.