REMUS: 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.
REMUS
Largest movements
- Cash +€108,647
up €108,647 (+67.6%), from €160,690 to €269,338
mainly Net result for the year (+€294,994) and Depreciation (+€117,183)
- Tangible fixed assets -€79,183
down €79,183 (-26.1%), from €303,212 to €224,029
of which Furniture and vehicles: -€81,752
- Receivables after one year -€42,200
no longer reported in 2025 (was €42,200)
- Intangible fixed assets -€29,000
down €29,000 (-16.7%), from €174,000 to €145,000
- Financial fixed assets -€10,000
no longer reported in 2025 (was €10,000)
- Reserves -€86,000
no longer reported in 2025 (was €86,000)
- Other debts +€56,911
new in 2025: €56,911
- Trade debts -€9,662
down €9,662 (-93.5%), from €10,334 to €672
- Tax, wage and social debts -€9,626
down €9,626 (-17.2%), from €55,805 to €46,179
of which Remuneration and social security: -€5,146
- Gross operating margin +€56,822
up €56,822 (+11.5%), from €493,506 to €550,328
- Taxes +€12,941
up €12,941 (+12.7%), from €101,801 to €114,742
- Other operating charges -€7,061
down €7,061 (-85.9%), from €8,221 to €1,161
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 | €802,712 | €753,863 | -€48,849 | -6.1% |
| Fixed assets | 21/28 | €487,212 | €369,029 | -€118,183 | -24.3% |
| Intangible fixed assets | 21 | €174,000 | €145,000 | -€29,000 | -16.7% |
| Tangible fixed assets | 22/27 | €303,212 | €224,029 | -€79,183 | -26.1% |
| Plant, machinery and equipment | 23 | €8,498 | €3,353 | -€5,145 | -60.5% |
| Furniture and vehicles | 24 | €211,626 | €129,874 | -€81,752 | -38.6% |
| Other tangible fixed assets | 26 | €83,087 | €90,802 | +€7,715 | +9.3% |
| Financial fixed assets | 28 | €10,000 | - | -€10,000 | |
| Current assets | 29/58 | €315,500 | €384,833 | +€69,334 | +22.0% |
| Amounts receivable after more than one year | 29 | €42,200 | - | -€42,200 | |
| Other amounts receivable | 291 | €42,200 | - | -€42,200 | |
| Amounts receivable within one year | 40/41 | €108,830 | €111,601 | +€2,772 | +2.5% |
| Trade receivables | 40 | €77,182 | €111,601 | +€34,420 | +44.6% |
| Other amounts receivable | 41 | €31,648 | - | -€31,648 | |
| Cash at bank and in hand | 54/58 | €160,690 | €269,338 | +€108,647 | +67.6% |
| Deferred charges and accrued income | 490/1 | €3,780 | €3,894 | +€114 | +3.0% |
| Total equity and liabilities | 10/49 | €802,712 | €753,863 | -€48,849 | -6.1% |
| Equity | 10/15 | €86,572 | €100 | -€86,472 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €86,000 | - | -€86,000 | |
| Distributable reserves | 133 | €86,000 | - | -€86,000 | |
| Profit (loss) carried forward | 14 | €472 | - | -€472 | |
| Amounts payable | 17/49 | €716,139 | €753,763 | +€37,623 | +5.3% |
| Amounts payable after more than one year | 17 | €650,000 | €650,000 | = | 0.0% |
| Financial debts | 170/4 | €650,000 | €650,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,139 | €103,763 | +€37,623 | +56.9% |
| Trade debts | 44 | €10,334 | €672 | -€9,662 | -93.5% |
| Suppliers | 440/4 | €10,334 | €672 | -€9,662 | -93.5% |
| Taxes, remuneration and social security | 45 | €55,805 | €46,179 | -€9,626 | -17.2% |
| Taxes | 450/3 | €48,432 | €43,952 | -€4,480 | -9.2% |
| Remuneration and social security | 454/9 | €7,373 | €2,227 | -€5,146 | -69.8% |
| Other amounts payable | 47/48 | - | €56,911 | +€56,911 | |
| Remuneration, social security and pensions | 62 | €24,363 | €23,417 | -€946 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,208 | €117,183 | +€3,974 | +3.5% |
| Other operating charges | 640/8 | €8,221 | €1,161 | -€7,061 | -85.9% |
| Gross operating margin | 9900 | €493,506 | €550,328 | +€56,822 | +11.5% |
| Operating profit (loss) | 9901 | €347,713 | €408,567 | +€60,854 | +17.5% |
| Financial income | 75/76B | €474 | €1,267 | +€794 | +167% |
| Recurring financial income | 75 | €474 | €1,267 | +€794 | +167% |
| Financial charges | 65/66B | €218 | €98 | -€119 | -54.9% |
| Recurring financial charges | 65 | €218 | €98 | -€119 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €347,969 | €409,736 | +€61,767 | +17.8% |
| Income taxes | 67/77 | €101,801 | €114,742 | +€12,941 | +12.7% |
| Profit (loss) for the period | 9904 | €246,168 | €294,994 | +€48,826 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €246,168 | €294,994 | +€48,826 | +19.8% |
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 25 October 2026 via checked.be.