REWA-BETON: 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.
REWA-BETON
Largest movements
- Tangible fixed assets -€392,451
down €392,451 (-10.2%), from €3.9m to €3.5m
of which Plant, machinery and equipment: -€213,790
- Cash -€288,975
down €288,975 (-75.5%), from €382,546 to €93,571
mainly Current portion of long-term debt (-€679,398) and Debts after one year (-€352,256)
- Stocks and contracts -€253,418
down €253,418 (-6.0%), from €4.2m to €4.0m
- Receivables within one year -€181,271
down €181,271 (-23.9%), from €759,126 to €577,855
of which Trade receivables: -€181,800
- Current portion of long-term debt -€679,398
down €679,398 (-65.9%), from €1.0m to €352,256
- Debts after one year -€352,256
down €352,256 (-23.5%), from €1.5m to €1.1m
- Profit (loss) carried forward -€232,887
down €232,887 (-42.9%), from -€543,077 to -€775,964
- Trade debts +€120,927
up €120,927 (+2.2%), from €5.4m to €5.5m
- Gross operating margin +€209,229
up €209,229 (+14.9%), from €1.4m to €1.6m
- Financial charges -€56,940
down €56,940 (-23.7%), from €240,519 to €183,578
- Staff costs +€42,321
up €42,321 (+4.7%), from €905,921 to €948,243
- Write-downs +€24,071
up €24,071 (+114%), from €21,181 to €45,252
- Depreciation -€22,581
down €22,581 (-3.4%), from €656,057 to €633,476
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 | €9,280,387 | €8,151,436 | -€1.1m | -12.2% |
| Fixed assets | 21/28 | €3,864,219 | €3,471,767 | -€392,451 | -10.2% |
| Tangible fixed assets | 22/27 | €3,851,719 | €3,459,267 | -€392,451 | -10.2% |
| Land and buildings | 22 | €1,250,219 | €1,085,321 | -€164,899 | -13.2% |
| Plant, machinery and equipment | 23 | €2,464,939 | €2,251,149 | -€213,790 | -8.7% |
| Furniture and vehicles | 24 | €7,562 | €41,977 | +€34,415 | +455% |
| Leasing and similar rights | 25 | €128,998 | €80,820 | -€48,178 | -37.3% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €5,416,168 | €4,679,669 | -€736,499 | -13.6% |
| Stocks and contracts in progress | 3 | €4,240,409 | €3,986,991 | -€253,418 | -6.0% |
| Stocks | 30/36 | €4,240,409 | €3,986,991 | -€253,418 | -6.0% |
| Amounts receivable within one year | 40/41 | €759,126 | €577,855 | -€181,271 | -23.9% |
| Trade receivables | 40 | €758,283 | €576,483 | -€181,800 | -24.0% |
| Other amounts receivable | 41 | €843 | €1,372 | +€529 | +62.8% |
| Cash at bank and in hand | 54/58 | €382,546 | €93,571 | -€288,975 | -75.5% |
| Deferred charges and accrued income | 490/1 | €34,087 | €21,252 | -€12,835 | -37.7% |
| Total equity and liabilities | 10/49 | €9,280,387 | €8,151,436 | -€1.1m | -12.2% |
| Equity | 10/15 | €518,772 | €285,885 | -€232,887 | -44.9% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €561,849 | €561,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,849 | €11,849 | = | 0.0% |
| Distributable reserves | 133 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€543,077 | -€775,964 | -€232,887 | -42.9% |
| Amounts payable | 17/49 | €8,761,615 | €7,865,551 | -€896,063 | -10.2% |
| Amounts payable after more than one year | 17 | €1,500,526 | €1,148,270 | -€352,256 | -23.5% |
| Financial debts | 170/4 | €1,500,526 | €1,148,270 | -€352,256 | -23.5% |
| Amounts payable within one year | 42/48 | €7,260,838 | €6,717,030 | -€543,808 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €1,031,655 | €352,256 | -€679,398 | -65.9% |
| Financial debts | 43 | €750,000 | €750,000 | = | 0.0% |
| Credit institutions | 430/8 | €750,000 | €750,000 | = | 0.0% |
| Trade debts | 44 | €5,384,992 | €5,505,919 | +€120,927 | +2.2% |
| Suppliers | 440/4 | €5,384,992 | €5,505,919 | +€120,927 | +2.2% |
| Taxes, remuneration and social security | 45 | €94,191 | €108,854 | +€14,663 | +15.6% |
| Taxes | 450/3 | €14,288 | €1,311 | -€12,977 | -90.8% |
| Remuneration and social security | 454/9 | €79,903 | €107,543 | +€27,640 | +34.6% |
| Accrued charges and deferred income | 492/3 | €250 | €251 | +€2 | +0.6% |
| Remuneration, social security and pensions | 62 | €905,921 | €948,243 | +€42,321 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656,057 | €633,476 | -€22,581 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,181 | €45,252 | +€24,071 | +114% |
| Other operating charges | 640/8 | €70,736 | €75,257 | +€4,521 | +6.4% |
| Gross operating margin | 9900 | €1,401,429 | €1,610,658 | +€209,229 | +14.9% |
| Operating profit (loss) | 9901 | -€252,466 | -€91,570 | +€160,896 | +63.7% |
| Financial income | 75/76B | €38,292 | €43,572 | +€5,281 | +13.8% |
| Recurring financial income | 75 | €38,292 | €43,572 | +€5,281 | +13.8% |
| Financial charges | 65/66B | €240,519 | €183,578 | -€56,940 | -23.7% |
| Recurring financial charges | 65 | €240,519 | €183,578 | -€56,940 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | -€454,693 | -€231,576 | +€223,117 | +49.1% |
| Income taxes | 67/77 | €898 | €1,311 | +€413 | +46.0% |
| Profit (loss) for the period | 9904 | -€455,591 | -€232,887 | +€222,704 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€455,591 | -€232,887 | +€222,704 | +48.9% |
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 30 October 2026 via checked.be.