REWIRTUS: 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.
REWIRTUS
Largest movements
- Stocks and contracts +€243,117
up €243,117 (+18.4%), from €1.3m to €1.6m
- Cash +€190,620
up €190,620 (+9,327%), from €2,044 to €192,663
mainly Accrued charges and deferred income (+€164,289) and Debts after one year (+€101,647)
- Receivables within one year -€70,278
down €70,278 (-26.0%), from €270,593 to €200,315
of which Other amounts receivable: -€68,398
- Accrued charges and deferred income +€164,289
new in 2025: €164,289
- Debts after one year +€101,647
up €101,647 (+56.8%), from €179,053 to €280,700
- Tax, wage and social debts +€65,029
up €65,029 (+97.9%), from €66,443 to €131,471
- Other debts +€51,229
up €51,229 (+4.1%), from €1.2m to €1.3m
- Trade debts -€21,062
down €21,062 (-25.4%), from €82,849 to €61,787
- Financial charges +€27,247
up €27,247 (+984%), from €2,770 to €30,016
- Gross operating margin +€13,090
up €13,090 (+67.4%), from €19,429 to €32,519
- Financial income +€8,677
up €8,677 (+399,842%), from €2 to €8,679
- Other operating charges -€2,001
down €2,001 (-41.8%), from €4,787 to €2,786
- Depreciation -€1,589
down €1,589 (-36.9%), from €4,307 to €2,717
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 | €1,619,729 | €1,983,535 | +€363,806 | +22.5% |
| Fixed assets | 21/28 | €13,464 | €12,068 | -€1,396 | -10.4% |
| Tangible fixed assets | 22/27 | €13,464 | €12,068 | -€1,396 | -10.4% |
| Land and buildings | 22 | €12,812 | €10,710 | -€2,102 | -16.4% |
| Plant, machinery and equipment | 23 | €652 | €75 | -€578 | -88.5% |
| Furniture and vehicles | 24 | - | €1,284 | +€1,284 | |
| Current assets | 29/58 | €1,606,265 | €1,971,467 | +€365,202 | +22.7% |
| Stocks and contracts in progress | 3 | €1,320,111 | €1,563,228 | +€243,117 | +18.4% |
| Contracts in progress | 37 | €1,320,111 | €1,563,228 | +€243,117 | +18.4% |
| Amounts receivable within one year | 40/41 | €270,593 | €200,315 | -€70,278 | -26.0% |
| Trade receivables | 40 | €19,047 | €17,166 | -€1,881 | -9.9% |
| Other amounts receivable | 41 | €251,546 | €183,149 | -€68,398 | -27.2% |
| Cash at bank and in hand | 54/58 | €2,044 | €192,663 | +€190,620 | +9,327% |
| Deferred charges and accrued income | 490/1 | €13,517 | €15,261 | +€1,744 | +12.9% |
| Total equity and liabilities | 10/49 | €1,619,729 | €1,983,535 | +€363,806 | +22.5% |
| Equity | 10/15 | €42,133 | €44,807 | +€2,675 | +6.3% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €29,533 | €32,207 | +€2,675 | +9.1% |
| Distributable reserves | 133 | €29,533 | €32,207 | +€2,675 | +9.1% |
| Amounts payable | 17/49 | €1,577,596 | €1,938,728 | +€361,132 | +22.9% |
| Amounts payable after more than one year | 17 | €179,053 | €280,700 | +€101,647 | +56.8% |
| Financial debts | 170/4 | €179,053 | €280,700 | +€101,647 | +56.8% |
| Amounts payable within one year | 42/48 | €1,398,543 | €1,493,739 | +€95,196 | +6.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €82,849 | €61,787 | -€21,062 | -25.4% |
| Suppliers | 440/4 | €82,849 | €61,787 | -€21,062 | -25.4% |
| Taxes, remuneration and social security | 45 | €66,443 | €131,471 | +€65,029 | +97.9% |
| Taxes | 450/3 | €66,443 | €131,471 | +€65,029 | +97.9% |
| Other amounts payable | 47/48 | €1,249,251 | €1,300,481 | +€51,229 | +4.1% |
| Accrued charges and deferred income | 492/3 | - | €164,289 | +€164,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,307 | €2,717 | -€1,589 | -36.9% |
| Other operating charges | 640/8 | €4,787 | €2,786 | -€2,001 | -41.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €19,429 | €32,519 | +€13,090 | +67.4% |
| Operating profit (loss) | 9901 | €10,335 | €27,016 | +€16,681 | +161% |
| Financial income | 75/76B | €2 | €8,679 | +€8,677 | +399,842% |
| Recurring financial income | 75 | €2 | €8,679 | +€8,677 | +399,842% |
| Financial charges | 65/66B | €2,770 | €30,016 | +€27,247 | +984% |
| Recurring financial charges | 65 | €2,770 | €30,016 | +€27,247 | +984% |
| Profit (loss) for the period before taxes | 9903 | €7,567 | €5,678 | -€1,890 | -25.0% |
| Income taxes | 67/77 | €1,654 | €3,003 | +€1,349 | +81.6% |
| Profit (loss) for the period | 9904 | €5,914 | €2,675 | -€3,239 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,914 | €2,675 | -€3,239 | -54.8% |
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 22 October 2026 via checked.be.