REMOCO: 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.
REMOCO
Largest movements
- Receivables within one year -€37,576
down €37,576 (-62.1%), from €60,503 to €22,928
of which Trade receivables: -€34,753
- Tangible fixed assets -€22,671
down €22,671 (-12.2%), from €185,424 to €162,753
of which Furniture and vehicles: -€12,159
- Cash +€14,778
up €14,778 (+88.2%), from €16,764 to €31,542
mainly Receivables within one year (+€37,576) and Depreciation (+€22,671)
- Deferred charges and accrued income +€7,815
up €7,815 (+70.4%), from €11,100 to €18,914
- Reserves -€16,238
down €16,238 (-22.2%), from €73,100 to €56,862
of which Distributable reserves: -€16,238
- Debts after one year -€14,208
down €14,208 (-10.8%), from €131,138 to €116,930
- Current portion of long-term debt -€3,175
down €3,175 (-18.3%), from €17,383 to €14,208
- Gross operating margin -€21,909
down €21,909 (-13.3%), from €164,664 to €142,755
- Staff costs +€7,056
up €7,056 (+5.8%), from €122,515 to €129,571
- Taxes -€4,919
down €4,919 (-94.1%), from €5,225 to €306
- Depreciation +€4,529
up €4,529 (+25.0%), from €18,142 to €22,671
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 | €284,109 | €246,825 | -€37,285 | -13.1% |
| Fixed assets | 21/28 | €185,424 | €162,753 | -€22,671 | -12.2% |
| Tangible fixed assets | 22/27 | €185,424 | €162,753 | -€22,671 | -12.2% |
| Land and buildings | 22 | €134,948 | €126,800 | -€8,148 | -6.0% |
| Plant, machinery and equipment | 23 | €6,339 | €3,975 | -€2,364 | -37.3% |
| Furniture and vehicles | 24 | €44,136 | €31,978 | -€12,159 | -27.5% |
| Current assets | 29/58 | €98,686 | €84,072 | -€14,613 | -14.8% |
| Stocks and contracts in progress | 3 | €10,318 | €10,688 | +€369 | +3.6% |
| Stocks | 30/36 | €10,318 | €10,688 | +€369 | +3.6% |
| Amounts receivable within one year | 40/41 | €60,503 | €22,928 | -€37,576 | -62.1% |
| Trade receivables | 40 | €52,120 | €17,367 | -€34,753 | -66.7% |
| Other amounts receivable | 41 | €8,384 | €5,561 | -€2,823 | -33.7% |
| Cash at bank and in hand | 54/58 | €16,764 | €31,542 | +€14,778 | +88.2% |
| Deferred charges and accrued income | 490/1 | €11,100 | €18,914 | +€7,815 | +70.4% |
| Total equity and liabilities | 10/49 | €284,109 | €246,825 | -€37,285 | -13.1% |
| Equity | 10/15 | €91,800 | €75,562 | -€16,238 | -17.7% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €73,100 | €56,862 | -€16,238 | -22.2% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €71,230 | €54,992 | -€16,238 | -22.8% |
| Amounts payable | 17/49 | €192,310 | €171,263 | -€21,047 | -10.9% |
| Amounts payable after more than one year | 17 | €131,138 | €116,930 | -€14,208 | -10.8% |
| Financial debts | 170/4 | €131,138 | €116,930 | -€14,208 | -10.8% |
| Amounts payable within one year | 42/48 | €60,722 | €54,333 | -€6,389 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €17,383 | €14,208 | -€3,175 | -18.3% |
| Trade debts | 44 | €21,380 | €20,631 | -€749 | -3.5% |
| Suppliers | 440/4 | €21,380 | €20,631 | -€749 | -3.5% |
| Taxes, remuneration and social security | 45 | €21,959 | €19,494 | -€2,465 | -11.2% |
| Taxes | 450/3 | €16,197 | €16,813 | +€616 | +3.8% |
| Remuneration and social security | 454/9 | €5,762 | €2,681 | -€3,080 | -53.5% |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Remuneration, social security and pensions | 62 | €122,515 | €129,571 | +€7,056 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,142 | €22,671 | +€4,529 | +25.0% |
| Other operating charges | 640/8 | €2,873 | €1,445 | -€1,428 | -49.7% |
| Gross operating margin | 9900 | €164,664 | €142,755 | -€21,909 | -13.3% |
| Operating profit (loss) | 9901 | €21,135 | -€10,931 | -€32,066 | |
| Financial income | 75/76B | €678 | €433 | -€246 | -36.2% |
| Recurring financial income | 75 | €678 | €433 | -€246 | -36.2% |
| Financial charges | 65/66B | €4,928 | €5,433 | +€505 | +10.2% |
| Recurring financial charges | 65 | €4,928 | €5,433 | +€505 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €16,885 | -€15,932 | -€32,817 | |
| Income taxes | 67/77 | €5,225 | €306 | -€4,919 | -94.1% |
| Profit (loss) for the period | 9904 | €11,660 | -€16,238 | -€27,897 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,660 | -€16,238 | -€27,897 |
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.