Remvic: 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.
Remvic
Largest movements
- Financial fixed assets +€1.4m
up €1.4m (+139%), from €1.0m to €2.5m
- Cash +€546,964
up €546,964 (+297%), from €184,272 to €731,236
- Tangible fixed assets -€112,864
down €112,864 (-5.3%), from €2.1m to €2.0m
of which Land and buildings: -€112,453
- Reserves +€1.4m
up €1.4m (+57.0%), from €2.5m to €3.9m
of which Distributable reserves: +€1.4m
- Other debts +€510,334
up €510,334 (+180%), from €282,866 to €793,200
- Debts after one year -€137,957
down €137,957 (-33.1%), from €416,667 to €278,710
- Current portion of long-term debt +€62,823
up €62,823 (+24.2%), from €259,405 to €322,228
- Gross operating margin +€940,954
up €940,954 (+111%), from €847,865 to €1.8m
- Financial income +€283,299
up €283,299 (+3,523%), from €8,041 to €291,341
- Taxes +€237,579
up €237,579 (+130%), from €182,289 to €419,868
- Depreciation +€30,312
up €30,312 (+27.8%), from €108,968 to €139,280
- Financial charges +€28,889
up €28,889 (+62.6%), from €46,170 to €75,060
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,564,805 | €5,422,402 | +€1.9m | +52.1% |
| Fixed assets | 21/28 | €3,176,050 | €4,496,592 | +€1.3m | +41.6% |
| Tangible fixed assets | 22/27 | €2,146,050 | €2,033,186 | -€112,864 | -5.3% |
| Land and buildings | 22 | €2,112,600 | €2,000,147 | -€112,453 | -5.3% |
| Furniture and vehicles | 24 | €33,450 | €33,039 | -€411 | -1.2% |
| Financial fixed assets | 28 | €1,030,000 | €2,463,406 | +€1.4m | +139% |
| Current assets | 29/58 | €388,755 | €925,810 | +€537,055 | +138% |
| Amounts receivable within one year | 40/41 | €203,141 | €193,111 | -€10,030 | -4.9% |
| Trade receivables | 40 | €203,141 | €93,111 | -€110,030 | -54.2% |
| Other amounts receivable | 41 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €184,272 | €731,236 | +€546,964 | +297% |
| Deferred charges and accrued income | 490/1 | €1,342 | €1,463 | +€121 | +9.0% |
| Total equity and liabilities | 10/49 | €3,564,805 | €5,422,402 | +€1.9m | +52.1% |
| Equity | 10/15 | €2,527,019 | €3,957,694 | +€1.4m | +56.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,508,419 | €3,939,094 | +€1.4m | +57.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,506,559 | €3,937,234 | +€1.4m | +57.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,037,786 | €1,464,708 | +€426,922 | +41.1% |
| Amounts payable after more than one year | 17 | €416,667 | €278,710 | -€137,957 | -33.1% |
| Financial debts | 170/4 | €416,667 | €278,710 | -€137,957 | -33.1% |
| Amounts payable within one year | 42/48 | €607,558 | €1,146,120 | +€538,562 | +88.6% |
| Current portion of amounts payable after more than one year | 42 | €259,405 | €322,228 | +€62,823 | +24.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,811 | €4,994 | -€3,817 | -43.3% |
| Suppliers | 440/4 | €8,811 | €4,994 | -€3,817 | -43.3% |
| Taxes, remuneration and social security | 45 | €56,476 | €25,698 | -€30,778 | -54.5% |
| Taxes | 450/3 | €56,476 | €25,698 | -€30,778 | -54.5% |
| Other amounts payable | 47/48 | €282,866 | €793,200 | +€510,334 | +180% |
| Accrued charges and deferred income | 492/3 | €13,561 | €39,878 | +€26,317 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,968 | €139,280 | +€30,312 | +27.8% |
| Other operating charges | 640/8 | €6,658 | €15,277 | +€8,619 | +129% |
| Gross operating margin | 9900 | €847,865 | €1,788,819 | +€940,954 | +111% |
| Operating profit (loss) | 9901 | €732,239 | €1,634,263 | +€902,023 | +123% |
| Financial income | 75/76B | €8,041 | €291,341 | +€283,299 | +3,523% |
| Recurring financial income | 75 | €8,041 | €291,341 | +€283,299 | +3,523% |
| Financial charges | 65/66B | €46,170 | €75,060 | +€28,889 | +62.6% |
| Recurring financial charges | 65 | €46,170 | €75,060 | +€28,889 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €694,110 | €1,850,543 | +€1.2m | +167% |
| Income taxes | 67/77 | €182,289 | €419,868 | +€237,579 | +130% |
| Profit (loss) for the period | 9904 | €511,821 | €1,430,675 | +€918,854 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €511,821 | €1,430,675 | +€918,854 | +180% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.