Rewire: 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.
Rewire
Largest movements
- Receivables within one year +€19,490
up €19,490 (+81.7%), from €23,866 to €43,356
of which Other amounts receivable: +€27,460
- Tangible fixed assets -€7,726
down €7,726 (-24.8%), from €31,106 to €23,380
of which Plant, machinery and equipment: -€4,164
- Cash +€4,619
up €4,619 (+42.5%), from €10,874 to €15,494
mainly Other debts (+€54,852) and Net result for the year (+€38,284)
- Stocks and contracts +€2,099
up €2,099 (+7.8%), from €26,819 to €28,918
- Other debts +€54,852
up €54,852 (+616%), from €8,898 to €63,750
- Profit (loss) carried forward -€36,716
down €36,716 (-90.5%), from €40,550 to €3,835
- Tax, wage and social debts +€13,781
up €13,781 (+99.9%), from €13,802 to €27,583
- Trade debts -€13,011
down €13,011 (-43.3%), from €30,049 to €17,038
- Gross operating margin +€21,694
up €21,694 (+58.3%), from €37,215 to €58,909
- Taxes +€4,195
up €4,195 (+64.5%), from €6,502 to €10,698
- Depreciation +€2,504
up €2,504 (+48.0%), from €5,222 to €7,726
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 | €94,299 | €113,206 | +€18,907 | +20.0% |
| Fixed assets | 21/28 | €31,456 | €23,730 | -€7,726 | -24.6% |
| Tangible fixed assets | 22/27 | €31,106 | €23,380 | -€7,726 | -24.8% |
| Plant, machinery and equipment | 23 | €18,396 | €14,231 | -€4,164 | -22.6% |
| Furniture and vehicles | 24 | €12,710 | €9,148 | -€3,562 | -28.0% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €62,843 | €89,476 | +€26,632 | +42.4% |
| Stocks and contracts in progress | 3 | €26,819 | €28,918 | +€2,099 | +7.8% |
| Stocks | 30/36 | €26,819 | €28,918 | +€2,099 | +7.8% |
| Amounts receivable within one year | 40/41 | €23,866 | €43,356 | +€19,490 | +81.7% |
| Trade receivables | 40 | €23,866 | €15,896 | -€7,970 | -33.4% |
| Other amounts receivable | 41 | - | €27,460 | +€27,460 | |
| Cash at bank and in hand | 54/58 | €10,874 | €15,494 | +€4,619 | +42.5% |
| Deferred charges and accrued income | 490/1 | €1,284 | €1,708 | +€424 | +33.0% |
| Total equity and liabilities | 10/49 | €94,299 | €113,206 | +€18,907 | +20.0% |
| Equity | 10/15 | €41,550 | €4,835 | -€36,716 | -88.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,550 | €3,835 | -€36,716 | -90.5% |
| Amounts payable | 17/49 | €52,749 | €108,371 | +€55,622 | +105% |
| Amounts payable within one year | 42/48 | €52,749 | €108,371 | +€55,622 | +105% |
| Trade debts | 44 | €30,049 | €17,038 | -€13,011 | -43.3% |
| Suppliers | 440/4 | €30,049 | €17,038 | -€13,011 | -43.3% |
| Taxes, remuneration and social security | 45 | €13,802 | €27,583 | +€13,781 | +99.9% |
| Taxes | 450/3 | €13,802 | €27,583 | +€13,781 | +99.9% |
| Other amounts payable | 47/48 | €8,898 | €63,750 | +€54,852 | +616% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,222 | €7,726 | +€2,504 | +48.0% |
| Other operating charges | 640/8 | €1,252 | €1,733 | +€481 | +38.4% |
| Gross operating margin | 9900 | €37,215 | €58,909 | +€21,694 | +58.3% |
| Operating profit (loss) | 9901 | €30,741 | €49,450 | +€18,709 | +60.9% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €221 | €468 | +€247 | +112% |
| Recurring financial charges | 65 | €221 | €468 | +€247 | +112% |
| Profit (loss) for the period before taxes | 9903 | €30,536 | €48,982 | +€18,446 | +60.4% |
| Income taxes | 67/77 | €6,502 | €10,698 | +€4,195 | +64.5% |
| Profit (loss) for the period | 9904 | €24,034 | €38,284 | +€14,251 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,034 | €38,284 | +€14,251 | +59.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.