REPLIC: 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.
REPLIC
Largest movements
- Cash -€171,986
down €171,986 (-73.2%), from €234,999 to €63,012
mainly Receivables within one year (-€139,590) and Debts after one year (-€84,645)
- Receivables within one year +€139,590
up €139,590 (+37.4%), from €372,917 to €512,507
of which Trade receivables: +€154,622
- Tangible fixed assets -€74,266
down €74,266 (-4.6%), from €1.6m to €1.6m
of which Plant, machinery and equipment: -€80,585
- Trade debts +€93,595
up €93,595 (+26.2%), from €356,776 to €450,372
- Debts after one year -€84,645
down €84,645 (-9.3%), from €913,330 to €828,685
- Investment grants -€58,760
down €58,760 (-9.2%), from €641,871 to €583,112
- Profit (loss) carried forward -€50,839
down €50,839 (-22.9%), from -€221,602 to -€272,440
- Services and other goods +€449,461
up €449,461 (+34.3%), from €1.3m to €1.8m
- Turnover +€396,139
up €396,139 (+27.9%), from €1.4m to €1.8m
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 | €2,299,677 | €2,199,373 | -€100,304 | -4.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,631,879 | €1,556,030 | -€75,849 | -4.6% |
| Intangible fixed assets | 21 | €2,469 | €885 | -€1,583 | -64.1% |
| Tangible fixed assets | 22/27 | €1,629,410 | €1,555,144 | -€74,266 | -4.6% |
| Plant, machinery and equipment | 23 | €1,629,410 | €1,548,825 | -€80,585 | -4.9% |
| Assets under construction and advance payments | 27 | - | €6,320 | +€6,320 | |
| Current assets | 29/58 | €667,798 | €643,343 | -€24,455 | -3.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €372,917 | €512,507 | +€139,590 | +37.4% |
| Trade receivables | 40 | €317,591 | €472,213 | +€154,622 | +48.7% |
| Other amounts receivable | 41 | €55,326 | €40,294 | -€15,032 | -27.2% |
| Current investments | 50/53 | €50,414 | €50,786 | +€372 | +0.7% |
| Other investments | 51/53 | €50,414 | €50,786 | +€372 | +0.7% |
| Cash at bank and in hand | 54/58 | €234,999 | €63,012 | -€171,986 | -73.2% |
| Deferred charges and accrued income | 490/1 | €9,468 | €17,038 | +€7,570 | +80.0% |
| Total equity and liabilities | 10/49 | €2,299,677 | €2,199,373 | -€100,304 | -4.4% |
| Equity | 10/15 | €945,270 | €835,671 | -€109,599 | -11.6% |
| Contributions | 10/11 | €525,000 | €525,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,602 | -€272,440 | -€50,839 | -22.9% |
| Investment grants | 15 | €641,871 | €583,112 | -€58,760 | -9.2% |
| Amounts payable | 17/49 | €1,354,407 | €1,363,701 | +€9,295 | +0.7% |
| Amounts payable after more than one year | 17 | €913,330 | €828,685 | -€84,645 | -9.3% |
| Financial debts | 170/4 | €913,330 | €828,685 | -€84,645 | -9.3% |
| Credit institutions | 173 | €512,500 | €462,500 | -€50,000 | -9.8% |
| Other loans | 174 | €400,830 | €366,184 | -€34,645 | -8.6% |
| Amounts payable within one year | 42/48 | €441,077 | €535,017 | +€93,940 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €84,301 | €84,645 | +€345 | +0.4% |
| Trade debts | 44 | €356,776 | €450,372 | +€93,595 | +26.2% |
| Suppliers | 440/4 | €356,776 | €450,372 | +€93,595 | +26.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €1,418,833 | €1,814,971 | +€396,139 | +27.9% |
| Turnover | 70 | €1,418,833 | €1,814,971 | +€396,139 | +27.9% |
| Operating charges | 60/66A | €1,463,379 | €1,916,060 | +€452,682 | +30.9% |
| Services and other goods | 61 | €1,312,209 | €1,761,670 | +€449,461 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,169 | €154,390 | +€3,221 | +2.1% |
| Operating profit (loss) | 9901 | -€44,546 | -€101,089 | -€56,543 | -127% |
| Financial income | 75/76B | €59,351 | €59,291 | -€60 | -0.1% |
| Recurring financial income | 75 | €59,351 | €59,291 | -€60 | -0.1% |
| Income from current assets | 751 | €591 | €531 | -€60 | -10.2% |
| Other financial income | 752/9 | €58,760 | €58,760 | -€0 | 0.0% |
| Financial charges | 65/66B | €9,812 | €9,041 | -€771 | -7.9% |
| Recurring financial charges | 65 | €9,812 | €9,041 | -€771 | -7.9% |
| Debt charges | 650 | €9,606 | €8,835 | -€771 | -8.0% |
| Other financial charges | 652/9 | €206 | €206 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,993 | -€50,839 | -€55,832 | |
| Profit (loss) for the period | 9904 | €4,993 | -€50,839 | -€55,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,993 | -€50,839 | -€55,832 |
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 23 October 2026 via checked.be.