REWAVE: what changed
Two fiscal 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.
REWAVE
Largest movements
- Tangible fixed assets +€196,257
up €196,257 (+6640.4%), from €2,955 to €199,213
of which Furniture and vehicles: +€108,825
- Current investments +€120,000
new in 2025: €120,000
- Cash -€61,738
down €61,738 (-40.7%), from €151,737 to €89,999
mainly Investment in fixed assets (net) (-€200,599) and Current investments (-€120,000)
- Receivables within one year +€29,514
up €29,514 (+72.9%), from €40,465 to €69,980
of which Trade receivables: +€18,845
- Reserves +€296,647
new in 2025: €296,647
- Profit (loss) carried forward -€140,419
down €140,419 (-100.0%), from €140,419 to €0
- Debts after one year +€78,290
new in 2025: €78,290
- Tax, wage and social debts +€32,797
up €32,797 (+67.6%), from €48,532 to €81,328
- Trade debts +€10,753
up €10,753 (+10026.0%), from €107 to €10,860
- Gross operating margin +€45,344
up €45,344 (+24.8%), from €183,138 to €228,481
- Taxes +€25,152
up €25,152 (+59.1%), from €42,532 to €67,685
- Depreciation +€3,727
up €3,727 (+606.6%), from €615 to €4,342
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.
Cash bridge derived
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 | €195,158 | €479,191 | +€284,033 | +145.5% |
| Fixed assets | 21/28 | €2,955 | €199,213 | +€196,257 | +6640.4% |
| Tangible fixed assets | 22/27 | €2,955 | €199,213 | +€196,257 | +6640.4% |
| Land and buildings | 22 | - | €87,432 | +€87,432 | |
| Furniture and vehicles | 24 | €2,955 | €111,780 | +€108,825 | +3682.1% |
| Current assets | 29/58 | €192,202 | €279,978 | +€87,776 | +45.7% |
| Amounts receivable within one year | 40/41 | €40,465 | €69,980 | +€29,514 | +72.9% |
| Trade receivables | 40 | €18,865 | €37,709 | +€18,845 | +99.9% |
| Other amounts receivable | 41 | €21,601 | €32,270 | +€10,670 | +49.4% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €151,737 | €89,999 | -€61,738 | -40.7% |
| Total equity and liabilities | 10/49 | €195,158 | €479,191 | +€284,033 | +145.5% |
| Equity | 10/15 | €144,419 | €300,647 | +€156,228 | +108.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €296,647 | +€296,647 | |
| Distributable reserves | 133 | - | €296,647 | +€296,647 | |
| Profit (loss) carried forward | 14 | €140,419 | €0 | -€140,419 | -100.0% |
| Amounts payable | 17/49 | €50,739 | €178,544 | +€127,805 | +251.9% |
| Amounts payable after more than one year | 17 | - | €78,290 | +€78,290 | |
| Financial debts | 170/4 | - | €78,290 | +€78,290 | |
| Amounts payable within one year | 42/48 | €48,639 | €99,369 | +€50,730 | +104.3% |
| Current portion of amounts payable after more than one year | 42 | - | €7,181 | +€7,181 | |
| Trade debts | 44 | €107 | €10,860 | +€10,753 | +10026.0% |
| Suppliers | 440/4 | €107 | €10,860 | +€10,753 | +10026.0% |
| Taxes, remuneration and social security | 45 | €48,532 | €81,328 | +€32,797 | +67.6% |
| Taxes | 450/3 | €48,532 | €81,328 | +€32,797 | +67.6% |
| Accrued charges and deferred income | 492/3 | €2,100 | €885 | -€1,215 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €4,342 | +€3,727 | +606.6% |
| Other operating charges | 640/8 | €50 | €126 | +€76 | +152.0% |
| Gross operating margin | 9900 | €183,138 | €228,481 | +€45,344 | +24.8% |
| Operating profit (loss) | 9901 | €182,473 | €224,013 | +€41,540 | +22.8% |
| Financial income | 75/76B | €534 | €1,807 | +€1,273 | +238.4% |
| Recurring financial income | 75 | €534 | €1,807 | +€1,273 | +238.4% |
| Financial charges | 65/66B | €56 | €1,907 | +€1,851 | +3315.6% |
| Recurring financial charges | 65 | €56 | €1,907 | +€1,851 | +3315.6% |
| Profit (loss) for the period before taxes | 9903 | €182,951 | €223,913 | +€40,962 | +22.4% |
| Income taxes | 67/77 | €42,532 | €67,685 | +€25,152 | +59.1% |
| Profit (loss) for the period | 9904 | €140,419 | €156,228 | +€15,809 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €140,419 | €156,228 | +€15,809 | +11.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.