REX CONTRACTOR: 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.
REX CONTRACTOR
Largest movements
- Tangible fixed assets -€19,985
no longer reported in 2025 (was €19,985)
- Receivables within one year -€4,179
down €4,179 (-7.4%), from €56,222 to €52,043
of which Other amounts receivable: -€7,098
- Cash -€2,839
down €2,839 (-26.6%), from €10,655 to €7,816
mainly Net result for the year (-€18,798) and Trade debts (-€6,752)
- Profit (loss) carried forward -€18,798
down €18,798, from €16,676 to -€2,122
- Trade debts -€6,752
down €6,752 (-16.3%), from €41,327 to €34,575
- Debts after one year -€3,355
down €3,355 (-25.5%), from €13,137 to €9,782
- Other debts +€1,468
new in 2025: €1,468
- Gross operating margin -€47,761
down €47,761, from €36,843 to -€10,918
- Taxes +€5,204
new in 2025: €5,204
- Depreciation -€3,804
down €3,804 (-73.3%), from €5,188 to €1,384
- Financial charges +€578
up €578 (+80.1%), from €722 to €1,300
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 | €87,727 | €60,720 | -€27,008 | -30.8% |
| Fixed assets | 21/28 | €20,348 | €363 | -€19,985 | -98.2% |
| Tangible fixed assets | 22/27 | €19,985 | - | -€19,985 | |
| Furniture and vehicles | 24 | €19,985 | - | -€19,985 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €67,379 | €60,357 | -€7,023 | -10.4% |
| Amounts receivable within one year | 40/41 | €56,222 | €52,043 | -€4,179 | -7.4% |
| Trade receivables | 40 | €48,924 | €51,843 | +€2,918 | +6.0% |
| Other amounts receivable | 41 | €7,298 | €200 | -€7,098 | -97.3% |
| Cash at bank and in hand | 54/58 | €10,655 | €7,816 | -€2,839 | -26.6% |
| Deferred charges and accrued income | 490/1 | €503 | €498 | -€5 | -0.9% |
| Total equity and liabilities | 10/49 | €87,727 | €60,720 | -€27,008 | -30.8% |
| Equity | 10/15 | €29,395 | €10,597 | -€18,798 | -63.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €318 | €318 | = | 0.0% |
| Non-distributable reserves | 130/1 | €318 | €318 | = | 0.0% |
| Reserves not available under the articles | 1311 | €318 | €318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,676 | -€2,122 | -€18,798 | |
| Amounts payable | 17/49 | €58,333 | €50,123 | -€8,210 | -14.1% |
| Amounts payable after more than one year | 17 | €13,137 | €9,782 | -€3,355 | -25.5% |
| Financial debts | 170/4 | €13,137 | €9,782 | -€3,355 | -25.5% |
| Amounts payable within one year | 42/48 | €45,196 | €40,341 | -€4,855 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €3,197 | €3,355 | +€158 | +5.0% |
| Trade debts | 44 | €41,327 | €34,575 | -€6,752 | -16.3% |
| Suppliers | 440/4 | €41,327 | €34,575 | -€6,752 | -16.3% |
| Taxes, remuneration and social security | 45 | €672 | €942 | +€270 | +40.2% |
| Taxes | 450/3 | €672 | €942 | +€270 | +40.2% |
| Other amounts payable | 47/48 | - | €1,468 | +€1,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,188 | €1,384 | -€3,804 | -73.3% |
| Gross operating margin | 9900 | €36,843 | -€10,918 | -€47,761 | |
| Operating profit (loss) | 9901 | €31,655 | -€12,303 | -€43,957 | |
| Financial income | 75/76B | €187 | €9 | -€178 | -95.2% |
| Recurring financial income | 75 | €187 | €9 | -€178 | -95.2% |
| Financial charges | 65/66B | €722 | €1,300 | +€578 | +80.1% |
| Recurring financial charges | 65 | €722 | €1,300 | +€578 | +80.1% |
| Profit (loss) for the period before taxes | 9903 | €31,119 | -€13,594 | -€44,713 | |
| Income taxes | 67/77 | - | €5,204 | +€5,204 | |
| Profit (loss) for the period | 9904 | €31,119 | -€18,798 | -€49,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,119 | -€18,798 | -€49,917 |
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 14 October 2026 via checked.be.