REWO: 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.
REWO
Largest movements
- Tangible fixed assets -€11,039
down €11,039 (-4.0%), from €273,861 to €262,822
- Receivables within one year +€8,401
up €8,401 (+2.8%), from €304,055 to €312,456
- Cash +€7,241
up €7,241 (+124.5%), from €5,815 to €13,056
mainly Net result for the year (+€29,019) and Depreciation (+€11,039)
- Reserves +€29,019
up €29,019 (+6.2%), from €470,366 to €499,385
of which Distributable reserves: +€29,019
- Debts after one year -€24,131
down €24,131 (-41.6%), from €58,018 to €33,887
- Gross operating margin +€15,793
up €15,793 (+36.7%), from €43,027 to €58,820
- Taxes +€4,574
up €4,574 (+85.1%), from €5,376 to €9,950
- Financial charges -€881
down €881 (-19.9%), from €4,418 to €3,538
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 | €583,731 | €590,494 | +€6,763 | +1.2% |
| Fixed assets | 21/28 | €273,861 | €262,822 | -€11,039 | -4.0% |
| Tangible fixed assets | 22/27 | €273,861 | €262,822 | -€11,039 | -4.0% |
| Land and buildings | 22 | €273,861 | €262,822 | -€11,039 | -4.0% |
| Current assets | 29/58 | €309,870 | €327,672 | +€17,802 | +5.7% |
| Amounts receivable within one year | 40/41 | €304,055 | €312,456 | +€8,401 | +2.8% |
| Other amounts receivable | 41 | €304,055 | €312,456 | +€8,401 | +2.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,815 | €13,056 | +€7,241 | +124.5% |
| Deferred charges and accrued income | 490/1 | - | €2,160 | +€2,160 | |
| Total equity and liabilities | 10/49 | €583,731 | €590,494 | +€6,763 | +1.2% |
| Equity | 10/15 | €489,366 | €518,385 | +€29,019 | +5.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €470,366 | €499,385 | +€29,019 | +6.2% |
| Tax-exempt reserves | 132 | €50,551 | €50,551 | = | 0.0% |
| Distributable reserves | 133 | €419,816 | €448,835 | +€29,019 | +6.9% |
| Amounts payable | 17/49 | €94,365 | €72,108 | -€22,256 | -23.6% |
| Amounts payable after more than one year | 17 | €58,018 | €33,887 | -€24,131 | -41.6% |
| Financial debts | 170/4 | €58,018 | €33,887 | -€24,131 | -41.6% |
| Amounts payable within one year | 42/48 | €36,347 | €38,221 | +€1,875 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €23,082 | €24,131 | +€1,048 | +4.5% |
| Financial debts | 43 | €1,690 | €0 | -€1,690 | -100.0% |
| Credit institutions | 430/8 | €1,690 | €0 | -€1,690 | -100.0% |
| Trade debts | 44 | - | €2,641 | +€2,641 | |
| Suppliers | 440/4 | - | €2,641 | +€2,641 | |
| Taxes, remuneration and social security | 45 | €5,074 | €4,950 | -€124 | -2.4% |
| Taxes | 450/3 | €5,074 | €4,950 | -€124 | -2.4% |
| Other amounts payable | 47/48 | €6,500 | €6,500 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,614 | €11,039 | -€575 | -5.0% |
| Other operating charges | 640/8 | €5,492 | €5,274 | -€218 | -4.0% |
| Gross operating margin | 9900 | €43,027 | €58,820 | +€15,793 | +36.7% |
| Operating profit (loss) | 9901 | €25,921 | €42,506 | +€16,586 | +64.0% |
| Financial charges | 65/66B | €4,418 | €3,538 | -€881 | -19.9% |
| Recurring financial charges | 65 | €4,418 | €3,538 | -€881 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €21,502 | €38,969 | +€17,466 | +81.2% |
| Income taxes | 67/77 | €5,376 | €9,950 | +€4,574 | +85.1% |
| Profit (loss) for the period | 9904 | €16,127 | €29,019 | +€12,892 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,127 | €29,019 | +€12,892 | +79.9% |
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 12 October 2026 via checked.be.