Reparad: 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.
Reparad
Largest movements
- Tangible fixed assets -€55,919
down €55,919 (-43.2%), from €129,517 to €73,598
of which Plant, machinery and equipment: -€51,981
- Receivables within one year -€50,549
down €50,549 (-32.1%), from €157,436 to €106,887
of which Trade receivables: -€49,675
- Cash +€46,049
up €46,049 (+275.0%), from €16,745 to €62,793
mainly Depreciation (+€60,334) and Receivables within one year (+€50,549)
- Stocks and contracts +€19,272
up €19,272 (+13.0%), from €148,215 to €167,487
of which Contracts in progress: +€15,100
- Current portion of long-term debt -€38,374
down €38,374 (-74.8%), from €51,327 to €12,953
- Trade debts -€34,524
down €34,524 (-46.9%), from €73,584 to €39,060
- Tax, wage and social debts +€30,901
up €30,901 (+101.3%), from €30,506 to €61,407
of which Taxes: +€15,803
- Debts after one year -€12,953
no longer reported in 2025 (was €12,953)
- Reserves +€9,293
up €9,293 (+4.5%), from €208,088 to €217,381
of which Distributable reserves: +€9,293
- Staff costs -€65,376
down €65,376 (-18.4%), from €354,441 to €289,064
- Gross operating margin -€51,410
down €51,410 (-12.3%), from €418,074 to €366,664
- Financial charges -€18,774
down €18,774 (-85.1%), from €22,059 to €3,285
of which Non-recurring financial charges: -€18,857
- Taxes +€7,787
new in 2025: €7,787
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 | €459,165 | €414,976 | -€44,189 | -9.6% |
| Fixed assets | 21/28 | €129,756 | €73,837 | -€55,919 | -43.1% |
| Tangible fixed assets | 22/27 | €129,517 | €73,598 | -€55,919 | -43.2% |
| Plant, machinery and equipment | 23 | €122,870 | €70,889 | -€51,981 | -42.3% |
| Furniture and vehicles | 24 | €6,647 | €2,709 | -€3,939 | -59.3% |
| Financial fixed assets | 28 | €239 | €239 | = | 0.0% |
| Current assets | 29/58 | €329,408 | €341,139 | +€11,731 | +3.6% |
| Stocks and contracts in progress | 3 | €148,215 | €167,487 | +€19,272 | +13.0% |
| Stocks | 30/36 | €121,544 | €125,715 | +€4,172 | +3.4% |
| Contracts in progress | 37 | €26,671 | €41,771 | +€15,100 | +56.6% |
| Amounts receivable within one year | 40/41 | €157,436 | €106,887 | -€50,549 | -32.1% |
| Trade receivables | 40 | €156,562 | €106,887 | -€49,675 | -31.7% |
| Other amounts receivable | 41 | €874 | - | -€874 | |
| Cash at bank and in hand | 54/58 | €16,745 | €62,793 | +€46,049 | +275.0% |
| Deferred charges and accrued income | 490/1 | €7,012 | €3,972 | -€3,040 | -43.4% |
| Total equity and liabilities | 10/49 | €459,165 | €414,976 | -€44,189 | -9.6% |
| Equity | 10/15 | €270,088 | €279,381 | +€9,293 | +3.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €208,088 | €217,381 | +€9,293 | +4.5% |
| Non-distributable reserves | 130/1 | €14,727 | €14,727 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,727 | €14,727 | = | 0.0% |
| Distributable reserves | 133 | €193,361 | €202,654 | +€9,293 | +4.8% |
| Amounts payable | 17/49 | €189,076 | €135,595 | -€53,481 | -28.3% |
| Amounts payable after more than one year | 17 | €12,953 | - | -€12,953 | |
| Financial debts | 170/4 | €12,953 | - | -€12,953 | |
| Amounts payable within one year | 42/48 | €156,451 | €115,332 | -€41,119 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €51,327 | €12,953 | -€38,374 | -74.8% |
| Trade debts | 44 | €73,584 | €39,060 | -€34,524 | -46.9% |
| Suppliers | 440/4 | €73,584 | €39,060 | -€34,524 | -46.9% |
| Taxes, remuneration and social security | 45 | €30,506 | €61,407 | +€30,901 | +101.3% |
| Taxes | 450/3 | €8,705 | €24,508 | +€15,803 | +181.5% |
| Remuneration and social security | 454/9 | €21,801 | €36,899 | +€15,099 | +69.3% |
| Other amounts payable | 47/48 | €1,034 | €1,911 | +€877 | +84.8% |
| Accrued charges and deferred income | 492/3 | €19,671 | €20,263 | +€592 | +3.0% |
| Remuneration, social security and pensions | 62 | €354,441 | €289,064 | -€65,376 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,329 | €60,334 | +€1,005 | +1.7% |
| Other operating charges | 640/8 | €1,841 | €1,281 | -€561 | -30.5% |
| Gross operating margin | 9900 | €418,074 | €366,664 | -€51,410 | -12.3% |
| Operating profit (loss) | 9901 | €2,463 | €15,985 | +€13,522 | +549.0% |
| Financial income | 75/76B | €2,177 | €4,380 | +€2,203 | +101.2% |
| Recurring financial income | 75 | €2,177 | €4,380 | +€2,203 | +101.2% |
| Financial charges | 65/66B | €22,059 | €3,285 | -€18,774 | -85.1% |
| Recurring financial charges | 65 | €3,202 | €3,285 | +€83 | +2.6% |
| Non-recurring financial charges | 66B | €18,857 | - | -€18,857 | |
| Profit (loss) for the period before taxes | 9903 | -€17,419 | €17,079 | +€34,499 | |
| Income taxes | 67/77 | - | €7,787 | +€7,787 | |
| Profit (loss) for the period | 9904 | -€17,419 | €9,293 | +€26,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,419 | €9,293 | +€26,712 |
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.