RESTIMCO: 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.
RESTIMCO
Largest movements
- Tangible fixed assets -€33,601
down €33,601 (-16.0%), from €210,152 to €176,551
of which Furniture and vehicles: -€24,388
- Cash -€26,157
down €26,157 (-55.7%), from €46,955 to €20,798
mainly Contributions, distributions and other (-€55,328) and Trade debts (-€42,374)
- Receivables within one year -€5,629
down €5,629 (-9.5%), from €59,303 to €53,674
of which Other amounts receivable: -€6,368
- Deferred charges and accrued income +€5,483
up €5,483 (+31.8%), from €17,235 to €22,718
- Trade debts -€42,374
down €42,374 (-61.3%), from €69,161 to €26,787
- Debts after one year -€26,282
down €26,282 (-27.8%), from €94,546 to €68,265
- Reserves -€21,987
down €21,987 (-17.7%), from €124,511 to €102,525
- Accrued charges and deferred income +€16,375
up €16,375 (+215%), from €7,625 to €24,000
- Other debts +€14,446
up €14,446 (+130,732%), from €11 to €14,457
- Gross operating margin +€9,115
up €9,115 (+4.3%), from €211,040 to €220,155
- Taxes +€3,911
up €3,911 (+35.6%), from €10,980 to €14,892
- Staff costs -€3,392
down €3,392 (-2.5%), from €134,465 to €131,074
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,114 | €276,134 | -€60,980 | -18.1% |
| Fixed assets | 21/28 | €210,152 | €176,551 | -€33,601 | -16.0% |
| Tangible fixed assets | 22/27 | €210,152 | €176,551 | -€33,601 | -16.0% |
| Land and buildings | 22 | €112,097 | €105,297 | -€6,800 | -6.1% |
| Plant, machinery and equipment | 23 | €3,008 | €1,999 | -€1,010 | -33.6% |
| Furniture and vehicles | 24 | €91,772 | €67,383 | -€24,388 | -26.6% |
| Other tangible fixed assets | 26 | €3,275 | €1,872 | -€1,403 | -42.8% |
| Current assets | 29/58 | €126,962 | €99,583 | -€27,378 | -21.6% |
| Stocks and contracts in progress | 3 | €3,468 | €2,393 | -€1,075 | -31.0% |
| Stocks | 30/36 | €3,468 | €2,393 | -€1,075 | -31.0% |
| Amounts receivable within one year | 40/41 | €59,303 | €53,674 | -€5,629 | -9.5% |
| Trade receivables | 40 | €47,115 | €47,854 | +€738 | +1.6% |
| Other amounts receivable | 41 | €12,188 | €5,820 | -€6,368 | -52.2% |
| Cash at bank and in hand | 54/58 | €46,955 | €20,798 | -€26,157 | -55.7% |
| Deferred charges and accrued income | 490/1 | €17,235 | €22,718 | +€5,483 | +31.8% |
| Total equity and liabilities | 10/49 | €337,114 | €276,134 | -€60,980 | -18.1% |
| Equity | 10/15 | €125,111 | €103,125 | -€21,987 | -17.6% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €124,511 | €102,525 | -€21,987 | -17.7% |
| Distributable reserves | 133 | €124,511 | €102,525 | -€21,987 | -17.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €212,003 | €173,010 | -€38,993 | -18.4% |
| Amounts payable after more than one year | 17 | €94,546 | €68,265 | -€26,282 | -27.8% |
| Financial debts | 170/4 | €94,546 | €68,265 | -€26,282 | -27.8% |
| Amounts payable within one year | 42/48 | €109,831 | €80,745 | -€29,086 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €31,981 | €26,282 | -€5,699 | -17.8% |
| Financial debts | 43 | €303 | €337 | +€34 | +11.2% |
| Credit institutions | 430/8 | €303 | €337 | +€34 | +11.2% |
| Trade debts | 44 | €69,161 | €26,787 | -€42,374 | -61.3% |
| Suppliers | 440/4 | €69,161 | €26,787 | -€42,374 | -61.3% |
| Taxes, remuneration and social security | 45 | €8,376 | €12,882 | +€4,507 | +53.8% |
| Taxes | 450/3 | €3,764 | €6,053 | +€2,288 | +60.8% |
| Remuneration and social security | 454/9 | €4,611 | €6,830 | +€2,218 | +48.1% |
| Other amounts payable | 47/48 | €11 | €14,457 | +€14,446 | +130,732% |
| Accrued charges and deferred income | 492/3 | €7,625 | €24,000 | +€16,375 | +215% |
| Remuneration, social security and pensions | 62 | €134,465 | €131,074 | -€3,392 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,153 | €33,601 | -€552 | -1.6% |
| Other operating charges | 640/8 | €2,206 | €2,945 | +€739 | +33.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €211,040 | €220,155 | +€9,115 | +4.3% |
| Operating profit (loss) | 9901 | €40,216 | €52,535 | +€12,320 | +30.6% |
| Financial income | 75/76B | €176 | €326 | +€150 | +85.1% |
| Recurring financial income | 75 | €176 | €326 | +€150 | +85.1% |
| Financial charges | 65/66B | €5,495 | €4,629 | -€867 | -15.8% |
| Recurring financial charges | 65 | €5,495 | €4,629 | -€867 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €34,896 | €48,233 | +€13,336 | +38.2% |
| Income taxes | 67/77 | €10,980 | €14,892 | +€3,911 | +35.6% |
| Profit (loss) for the period | 9904 | €23,916 | €33,341 | +€9,425 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,916 | €33,341 | +€9,425 | +39.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.