REST & Co: 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.
REST & Co
Largest movements
- Tangible fixed assets -€19,104
down €19,104 (-3.6%), from €527,376 to €508,271
of which Land and buildings: -€18,583
- Debts after one year -€28,072
down €28,072 (-85.6%), from €32,811 to €4,739
- Other debts +€26,946
up €26,946 (+4.5%), from €594,015 to €620,960
- Profit (loss) carried forward -€13,974
down €13,974 (-5.3%), from -€263,418 to -€277,393
- Gross operating margin +€1,048
up €1,048 (+12.0%), from €8,746 to €9,794
- Financial charges -€541
down €541 (-17.2%), from €3,142 to €2,601
- Other operating charges +€206
up €206 (+13.3%), from €1,551 to €1,758
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 | €531,050 | €514,683 | -€16,366 | -3.1% |
| Fixed assets | 21/28 | €527,376 | €508,271 | -€19,104 | -3.6% |
| Tangible fixed assets | 22/27 | €527,376 | €508,271 | -€19,104 | -3.6% |
| Land and buildings | 22 | €526,854 | €508,271 | -€18,583 | -3.5% |
| Plant, machinery and equipment | 23 | €521 | - | -€521 | |
| Current assets | 29/58 | €3,674 | €6,412 | +€2,738 | +74.5% |
| Amounts receivable within one year | 40/41 | - | €1,015 | +€1,015 | |
| Trade receivables | 40 | - | €1,015 | +€1,015 | |
| Cash at bank and in hand | 54/58 | €419 | €681 | +€262 | +62.6% |
| Deferred charges and accrued income | 490/1 | €3,255 | €4,716 | +€1,461 | +44.9% |
| Total equity and liabilities | 10/49 | €531,050 | €514,683 | -€16,366 | -3.1% |
| Equity | 10/15 | -€143,418 | -€157,393 | -€13,974 | -9.7% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€263,418 | -€277,393 | -€13,974 | -5.3% |
| Amounts payable | 17/49 | €674,468 | €672,076 | -€2,392 | -0.4% |
| Amounts payable after more than one year | 17 | €32,811 | €4,739 | -€28,072 | -85.6% |
| Financial debts | 170/4 | €32,811 | €4,739 | -€28,072 | -85.6% |
| Amounts payable within one year | 42/48 | €641,221 | €666,960 | +€25,739 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €27,453 | €28,072 | +€619 | +2.3% |
| Financial debts | 43 | €18,000 | €15,000 | -€3,000 | -16.7% |
| Credit institutions | 430/8 | €18,000 | €15,000 | -€3,000 | -16.7% |
| Trade debts | 44 | €798 | €852 | +€54 | +6.8% |
| Suppliers | 440/4 | €798 | €852 | +€54 | +6.8% |
| Advances received on contracts in progress | 46 | - | €1,076 | +€1,076 | |
| Taxes, remuneration and social security | 45 | €956 | €1,000 | +€44 | +4.6% |
| Taxes | 450/3 | €956 | €1,000 | +€44 | +4.6% |
| Other amounts payable | 47/48 | €594,015 | €620,960 | +€26,946 | +4.5% |
| Accrued charges and deferred income | 492/3 | €436 | €377 | -€59 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,104 | €19,104 | = | 0.0% |
| Other operating charges | 640/8 | €1,551 | €1,758 | +€206 | +13.3% |
| Gross operating margin | 9900 | €8,746 | €9,794 | +€1,048 | +12.0% |
| Operating profit (loss) | 9901 | -€11,910 | -€11,068 | +€842 | +7.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -18.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -18.8% |
| Financial charges | 65/66B | €3,142 | €2,601 | -€541 | -17.2% |
| Recurring financial charges | 65 | €3,142 | €2,601 | -€541 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,052 | -€13,669 | +€1,383 | +9.2% |
| Income taxes | 67/77 | €398 | €305 | -€93 | -23.3% |
| Profit (loss) for the period | 9904 | -€15,450 | -€13,974 | +€1,476 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,450 | -€13,974 | +€1,476 | +9.6% |
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 20 October 2026 via checked.be.