ReWR: 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.
ReWR
Largest movements
- Cash +€72,290
up €72,290 (+468.4%), from €15,432 to €87,722
mainly Net result for the year (+€52,844) and Tax, wage and social debts (+€21,676)
- Tangible fixed assets -€7,991
down €7,991 (-33.0%), from €24,234 to €16,243
- Receivables within one year +€4,076
up €4,076 (+12.5%), from €32,694 to €36,770
- Reserves +€52,000
up €52,000 (+400.0%), from €13,000 to €65,000
- Tax, wage and social debts +€21,676
up €21,676 (+150.0%), from €14,453 to €36,128
- Trade debts +€9,163
up €9,163 (+341.3%), from €2,685 to €11,848
- Other debts -€8,188
down €8,188 (-52.0%), from €15,750 to €7,562
- Debts after one year -€7,300
down €7,300 (-43.3%), from €16,866 to €9,567
- Gross operating margin +€37,422
up €37,422 (+92.3%), from €40,544 to €77,966
- Taxes +€9,608
up €9,608 (+190.9%), from €5,033 to €14,641
- Other operating charges -€2,095
down €2,095 (-63.1%), from €3,321 to €1,226
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 | €72,360 | €140,856 | +€68,495 | +94.7% |
| Fixed assets | 21/28 | €24,234 | €16,243 | -€7,991 | -33.0% |
| Tangible fixed assets | 22/27 | €24,234 | €16,243 | -€7,991 | -33.0% |
| Furniture and vehicles | 24 | €24,234 | €16,243 | -€7,991 | -33.0% |
| Current assets | 29/58 | €48,126 | €124,612 | +€76,486 | +158.9% |
| Amounts receivable within one year | 40/41 | €32,694 | €36,770 | +€4,076 | +12.5% |
| Trade receivables | 40 | €32,694 | €36,770 | +€4,076 | +12.5% |
| Cash at bank and in hand | 54/58 | €15,432 | €87,722 | +€72,290 | +468.4% |
| Deferred charges and accrued income | 490/1 | - | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €72,360 | €140,856 | +€68,495 | +94.7% |
| Equity | 10/15 | €15,608 | €68,452 | +€52,844 | +338.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,000 | €65,000 | +€52,000 | +400.0% |
| Distributable reserves | 133 | €13,000 | €65,000 | +€52,000 | +400.0% |
| Profit (loss) carried forward | 14 | €108 | €952 | +€844 | +783.7% |
| Amounts payable | 17/49 | €56,753 | €72,404 | +€15,651 | +27.6% |
| Amounts payable after more than one year | 17 | €16,866 | €9,567 | -€7,300 | -43.3% |
| Financial debts | 170/4 | €16,866 | €9,567 | -€7,300 | -43.3% |
| Amounts payable within one year | 42/48 | €39,886 | €62,837 | +€22,951 | +57.5% |
| Current portion of amounts payable after more than one year | 42 | €6,999 | €7,300 | +€300 | +4.3% |
| Trade debts | 44 | €2,685 | €11,848 | +€9,163 | +341.3% |
| Suppliers | 440/4 | €2,685 | €11,848 | +€9,163 | +341.3% |
| Taxes, remuneration and social security | 45 | €14,453 | €36,128 | +€21,676 | +150.0% |
| Taxes | 450/3 | €14,453 | €36,128 | +€21,676 | +150.0% |
| Other amounts payable | 47/48 | €15,750 | €7,562 | -€8,188 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,729 | €7,991 | +€262 | +3.4% |
| Other operating charges | 640/8 | €3,321 | €1,226 | -€2,095 | -63.1% |
| Gross operating margin | 9900 | €40,544 | €77,966 | +€37,422 | +92.3% |
| Operating profit (loss) | 9901 | €29,494 | €68,749 | +€39,255 | +133.1% |
| Financial charges | 65/66B | €1,009 | €1,264 | +€255 | +25.3% |
| Recurring financial charges | 65 | €1,009 | €1,264 | +€255 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €28,485 | €67,485 | +€39,000 | +136.9% |
| Income taxes | 67/77 | €5,033 | €14,641 | +€9,608 | +190.9% |
| Profit (loss) for the period | 9904 | €23,452 | €52,844 | +€29,393 | +125.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,452 | €52,844 | +€29,393 | +125.3% |
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.