REMOTECH: 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.
REMOTECH
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+61.8%), from €1.8m to €2.9m
of which Leasing and similar rights: +€1.0m
- Receivables within one year +€301,151
up €301,151 (+16.4%), from €1.8m to €2.1m
of which Other amounts receivable: +€163,033
- Stocks and contracts +€231,906
up €231,906 (+30.2%), from €768,247 to €1.0m
- Cash -€173,704
down €173,704 (-39.9%), from €435,803 to €262,099
mainly Investment in fixed assets (net) (-€1.4m) and Receivables within one year (-€301,151)
- Debts after one year +€870,007
up €870,007 (+74.2%), from €1.2m to €2.0m
- Reserves +€352,491
up €352,491 (+18.9%), from €1.9m to €2.2m
- Trade debts -€257,907
down €257,907 (-21.8%), from €1.2m to €927,256
- Short-term financial debts +€250,000
up €250,000 (+125.0%), from €200,000 to €450,000
- Current portion of long-term debt +€237,467
up €237,467 (+166.9%), from €142,310 to €379,777
- Staff costs +€256,086
up €256,086 (+32.9%), from €778,746 to €1.0m
- Depreciation +€140,775
up €140,775 (+82.0%), from €171,749 to €312,525
- Gross operating margin +€84,515
up €84,515 (+4.6%), from €1.8m to €1.9m
- Taxes -€81,901
down €81,901 (-40.5%), from €202,216 to €120,315
- Financial charges +€20,707
up €20,707 (+29.4%), from €70,516 to €91,224
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 | €4,897,306 | €6,310,611 | +€1.4m | +28.9% |
| Fixed assets | 21/28 | €1,817,201 | €2,889,458 | +€1.1m | +59.0% |
| Intangible fixed assets | 21 | €55,022 | €38,022 | -€17,000 | -30.9% |
| Tangible fixed assets | 22/27 | €1,762,180 | €2,851,436 | +€1.1m | +61.8% |
| Plant, machinery and equipment | 23 | €104,710 | €124,295 | +€19,586 | +18.7% |
| Furniture and vehicles | 24 | €267,670 | €338,355 | +€70,685 | +26.4% |
| Leasing and similar rights | 25 | €1,383,769 | €2,384,203 | +€1.0m | +72.3% |
| Other tangible fixed assets | 26 | €6,031 | €4,583 | -€1,447 | -24.0% |
| Current assets | 29/58 | €3,080,105 | €3,421,154 | +€341,049 | +11.1% |
| Stocks and contracts in progress | 3 | €768,247 | €1,000,153 | +€231,906 | +30.2% |
| Stocks | 30/36 | €768,247 | €1,000,153 | +€231,906 | +30.2% |
| Amounts receivable within one year | 40/41 | €1,838,918 | €2,140,069 | +€301,151 | +16.4% |
| Trade receivables | 40 | €1,774,013 | €1,912,131 | +€138,117 | +7.8% |
| Other amounts receivable | 41 | €64,905 | €227,938 | +€163,033 | +251.2% |
| Cash at bank and in hand | 54/58 | €435,803 | €262,099 | -€173,704 | -39.9% |
| Deferred charges and accrued income | 490/1 | €37,136 | €18,833 | -€18,303 | -49.3% |
| Total equity and liabilities | 10/49 | €4,897,306 | €6,310,611 | +€1.4m | +28.9% |
| Equity | 10/15 | €1,941,901 | €2,293,491 | +€351,590 | +18.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,866,000 | €2,218,491 | +€352,491 | +18.9% |
| Distributable reserves | 133 | €1,866,000 | €2,218,491 | +€352,491 | +18.9% |
| Profit (loss) carried forward | 14 | €901 | €0 | -€901 | -100.0% |
| Amounts payable | 17/49 | €2,955,405 | €4,017,120 | +€1.1m | +35.9% |
| Amounts payable after more than one year | 17 | €1,172,615 | €2,042,622 | +€870,007 | +74.2% |
| Financial debts | 170/4 | €1,172,615 | €2,042,622 | +€870,007 | +74.2% |
| Amounts payable within one year | 42/48 | €1,686,659 | €1,970,165 | +€283,507 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €142,310 | €379,777 | +€237,467 | +166.9% |
| Financial debts | 43 | €200,000 | €450,000 | +€250,000 | +125.0% |
| Credit institutions | 430/8 | €200,000 | €450,000 | +€250,000 | +125.0% |
| Trade debts | 44 | €1,185,163 | €927,256 | -€257,907 | -21.8% |
| Suppliers | 440/4 | €1,185,163 | €927,256 | -€257,907 | -21.8% |
| Taxes, remuneration and social security | 45 | €101,793 | €152,397 | +€50,605 | +49.7% |
| Taxes | 450/3 | €32,519 | €66,162 | +€33,643 | +103.5% |
| Remuneration and social security | 454/9 | €69,274 | €86,236 | +€16,962 | +24.5% |
| Other amounts payable | 47/48 | €57,393 | €60,735 | +€3,342 | +5.8% |
| Accrued charges and deferred income | 492/3 | €96,131 | €4,333 | -€91,798 | -95.5% |
| Non-recurring operating income | 76A | - | €1,339 | +€1,339 | |
| Remuneration, social security and pensions | 62 | €778,746 | €1,034,833 | +€256,086 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,749 | €312,525 | +€140,775 | +82.0% |
| Other operating charges | 640/8 | €4,921 | €18,867 | +€13,946 | +283.4% |
| Non-recurring operating charges | 66A | €0 | €713 | +€713 | |
| Gross operating margin | 9900 | €1,827,003 | €1,911,518 | +€84,515 | +4.6% |
| Operating profit (loss) | 9901 | €871,586 | €544,580 | -€327,006 | -37.5% |
| Financial income | 75/76B | €32,186 | €29,619 | -€2,567 | -8.0% |
| Recurring financial income | 75 | €32,186 | €29,619 | -€2,567 | -8.0% |
| Financial charges | 65/66B | €70,516 | €91,224 | +€20,707 | +29.4% |
| Recurring financial charges | 65 | €70,516 | €91,224 | +€20,707 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €833,256 | €482,976 | -€350,279 | -42.0% |
| Income taxes | 67/77 | €202,216 | €120,315 | -€81,901 | -40.5% |
| Profit (loss) for the period | 9904 | €631,040 | €362,661 | -€268,379 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €631,040 | €362,661 | -€268,379 | -42.5% |
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.