REX-IMPORT-EXPORT: 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-IMPORT-EXPORT
Largest movements
- Cash +€31,754
up €31,754 (+51.1%), from €62,120 to €93,874
mainly Net result for the year (+€42,045) and Depreciation (+€16,475)
- Tangible fixed assets -€11,696
down €11,696 (-28.2%), from €41,434 to €29,738
of which Furniture and vehicles: -€12,704
- Receivables within one year +€4,997
up €4,997 (+94.8%), from €5,269 to €10,266
of which Trade receivables: +€3,630
- Deferred charges and accrued income +€2,098
up €2,098 (+78.8%), from €2,663 to €4,761
- Reserves +€42,045
up €42,045 (+63.1%), from €66,580 to €108,625
- Debts after one year -€9,254
down €9,254 (-59.6%), from €15,532 to €6,279
- Tax, wage and social debts -€6,247
down €6,247 (-47.6%), from €13,109 to €6,863
of which Remuneration and social security: -€6,821
- Gross operating margin +€25,455
up €25,455 (+11.6%), from €219,182 to €244,637
- Taxes +€7,205
up €7,205 (+73.0%), from €9,876 to €17,082
- Staff costs -€2,567
down €2,567 (-1.5%), from €168,634 to €166,068
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 | €123,321 | €150,797 | +€27,476 | +22.3% |
| Fixed assets | 21/28 | €41,434 | €29,738 | -€11,696 | -28.2% |
| Tangible fixed assets | 22/27 | €41,434 | €29,738 | -€11,696 | -28.2% |
| Plant, machinery and equipment | 23 | €8,310 | €9,318 | +€1,008 | +12.1% |
| Furniture and vehicles | 24 | €33,124 | €20,420 | -€12,704 | -38.4% |
| Current assets | 29/58 | €81,887 | €121,059 | +€39,172 | +47.8% |
| Stocks and contracts in progress | 3 | €11,836 | €12,159 | +€323 | +2.7% |
| Stocks | 30/36 | €11,836 | €12,159 | +€323 | +2.7% |
| Amounts receivable within one year | 40/41 | €5,269 | €10,266 | +€4,997 | +94.8% |
| Trade receivables | 40 | - | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €5,269 | €6,636 | +€1,367 | +25.9% |
| Cash at bank and in hand | 54/58 | €62,120 | €93,874 | +€31,754 | +51.1% |
| Deferred charges and accrued income | 490/1 | €2,663 | €4,761 | +€2,098 | +78.8% |
| Total equity and liabilities | 10/49 | €123,321 | €150,797 | +€27,476 | +22.3% |
| Equity | 10/15 | €66,580 | €108,625 | +€42,045 | +63.1% |
| Reserves | 13 | €66,580 | €108,625 | +€42,045 | +63.1% |
| Distributable reserves | 133 | €66,580 | €108,625 | +€42,045 | +63.1% |
| Amounts payable | 17/49 | €56,741 | €42,172 | -€14,569 | -25.7% |
| Amounts payable after more than one year | 17 | €15,532 | €6,279 | -€9,254 | -59.6% |
| Financial debts | 170/4 | €15,532 | €6,279 | -€9,254 | -59.6% |
| Amounts payable within one year | 42/48 | €41,209 | €35,893 | -€5,316 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €9,060 | €9,254 | +€194 | +2.1% |
| Trade debts | 44 | €19,040 | €19,777 | +€737 | +3.9% |
| Suppliers | 440/4 | €19,040 | €19,777 | +€737 | +3.9% |
| Taxes, remuneration and social security | 45 | €13,109 | €6,863 | -€6,247 | -47.6% |
| Taxes | 450/3 | €6,289 | €6,863 | +€574 | +9.1% |
| Remuneration and social security | 454/9 | €6,821 | - | -€6,821 | |
| Non-recurring operating income | 76A | €599 | - | -€599 | |
| Remuneration, social security and pensions | 62 | €168,634 | €166,068 | -€2,567 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,863 | €16,475 | -€388 | -2.3% |
| Other operating charges | 640/8 | €2,399 | €2,419 | +€21 | +0.9% |
| Gross operating margin | 9900 | €219,182 | €244,637 | +€25,455 | +11.6% |
| Operating profit (loss) | 9901 | €31,285 | €59,675 | +€28,390 | +90.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1333.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1333.3% |
| Financial charges | 65/66B | €751 | €549 | -€202 | -26.9% |
| Recurring financial charges | 65 | €751 | €549 | -€202 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €30,534 | €59,127 | +€28,592 | +93.6% |
| Income taxes | 67/77 | €9,876 | €17,082 | +€7,205 | +73.0% |
| Profit (loss) for the period | 9904 | €20,658 | €42,045 | +€21,387 | +103.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,658 | €42,045 | +€21,387 | +103.5% |
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.