REST INVEST: 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 INVEST
Largest movements
- Tangible fixed assets -€23,988
down €23,988 (-4.1%), from €588,085 to €564,097
of which Land and buildings: -€15,847
- Receivables within one year +€19,131
up €19,131 (+12.1%), from €157,771 to €176,902
- Profit (loss) carried forward -€18,197
down €18,197 (-5.8%), from -€314,946 to -€333,143
- Revaluation surpluses -€15,720
down €15,720 (-5.6%), from €282,911 to €267,191
- Reserves +€15,720
up €15,720 (+49.9%), from €31,482 to €47,202
- Trade debts +€14,657
up €14,657 (+117%), from €12,556 to €27,213
- Gross operating margin +€78,895
up €78,895, from -€56,856 to €22,039
- Taxes -€2,691
down €2,691 (-88.3%), from €3,046 to €355
- Other operating charges +€1,429
up €1,429 (+46.8%), from €3,052 to €4,481
- Depreciation +€576
up €576 (+1.7%), from €34,417 to €34,993
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €764,836 | €766,467 | +€1,631 | +0.2% |
| Fixed assets | 21/28 | €588,085 | €564,097 | -€23,988 | -4.1% |
| Tangible fixed assets | 22/27 | €588,085 | €564,097 | -€23,988 | -4.1% |
| Land and buildings | 22 | €556,639 | €540,792 | -€15,847 | -2.8% |
| Plant, machinery and equipment | 23 | €31,446 | €23,305 | -€8,141 | -25.9% |
| Current assets | 29/58 | €176,751 | €202,370 | +€25,619 | +14.5% |
| Amounts receivable within one year | 40/41 | €157,771 | €176,902 | +€19,131 | +12.1% |
| Trade receivables | 40 | €157,771 | €176,902 | +€19,131 | +12.1% |
| Cash at bank and in hand | 54/58 | €3,262 | €7,245 | +€3,983 | +122% |
| Deferred charges and accrued income | 490/1 | €15,718 | €18,223 | +€2,505 | +15.9% |
| Total equity and liabilities | 10/49 | €764,836 | €766,467 | +€1,631 | +0.2% |
| Equity | 10/15 | €61,447 | €43,250 | -€18,197 | -29.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Revaluation surpluses | 12 | €282,911 | €267,191 | -€15,720 | -5.6% |
| Reserves | 13 | €31,482 | €47,202 | +€15,720 | +49.9% |
| Distributable reserves | 133 | €31,482 | €47,202 | +€15,720 | +49.9% |
| Profit (loss) carried forward | 14 | -€314,946 | -€333,143 | -€18,197 | -5.8% |
| Amounts payable | 17/49 | €703,389 | €723,217 | +€19,828 | +2.8% |
| Amounts payable within one year | 42/48 | €703,389 | €723,217 | +€19,828 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €28,000 | €27,000 | -€1,000 | -3.6% |
| Financial debts | 43 | €330,000 | €330,000 | = | 0.0% |
| Credit institutions | 430/8 | €330,000 | €330,000 | = | 0.0% |
| Trade debts | 44 | €12,556 | €27,213 | +€14,657 | +117% |
| Suppliers | 440/4 | €12,556 | €27,213 | +€14,657 | +117% |
| Taxes, remuneration and social security | 45 | €12,472 | €14,254 | +€1,782 | +14.3% |
| Taxes | 450/3 | €12,472 | €14,254 | +€1,782 | +14.3% |
| Other amounts payable | 47/48 | €320,361 | €324,750 | +€4,389 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,417 | €34,993 | +€576 | +1.7% |
| Other operating charges | 640/8 | €3,052 | €4,481 | +€1,429 | +46.8% |
| Gross operating margin | 9900 | -€56,856 | €22,039 | +€78,895 | |
| Operating profit (loss) | 9901 | -€94,325 | -€17,435 | +€76,890 | +81.5% |
| Financial income | 75/76B | €9 | €2 | -€7 | -77.8% |
| Recurring financial income | 75 | €9 | €2 | -€7 | -77.8% |
| Financial charges | 65/66B | €121 | €409 | +€288 | +238% |
| Recurring financial charges | 65 | €121 | €409 | +€288 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€94,437 | -€17,842 | +€76,595 | +81.1% |
| Income taxes | 67/77 | €3,046 | €355 | -€2,691 | -88.3% |
| Profit (loss) for the period | 9904 | -€97,483 | -€18,197 | +€79,286 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,483 | -€18,197 | +€79,286 | +81.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.