Rex London: 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 London
Largest movements
- Receivables within one year -€865,856
down €865,856 (-81.7%), from €1.1m to €193,935
of which Trade receivables: -€856,922
- Cash -€74,331
down €74,331 (-52.0%), from €143,037 to €68,707
mainly Trade debts (-€891,930) and Net result for the year (-€37,170)
- Trade debts -€891,930
down €891,930 (-57.9%), from €1.5m to €647,799
- Profit (loss) carried forward -€37,170
down €37,170 (-11.5%), from -€322,513 to -€359,683
- Gross operating margin -€149,176
down €149,176, from €130,068 to -€19,108
- Write-downs -€37,975
down €37,975 (-100%), from €37,975 to €0
- Financial charges +€2,100
up €2,100 (+14.1%), from €14,854 to €16,954
- Financial income -€1,869
down €1,869 (-100%), from €1,869 to €0
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 | €1,227,486 | €299,209 | -€928,277 | -75.6% |
| Fixed assets | 21/28 | €2,996 | €2,996 | = | 0.0% |
| Financial fixed assets | 28 | €2,996 | €2,996 | = | 0.0% |
| Current assets | 29/58 | €1,224,490 | €296,212 | -€928,277 | -75.8% |
| Stocks and contracts in progress | 3 | €21,662 | €28,921 | +€7,259 | +33.5% |
| Stocks | 30/36 | €21,662 | €28,921 | +€7,259 | +33.5% |
| Amounts receivable within one year | 40/41 | €1,059,791 | €193,935 | -€865,856 | -81.7% |
| Trade receivables | 40 | €1,038,221 | €181,300 | -€856,922 | -82.5% |
| Other amounts receivable | 41 | €21,569 | €12,636 | -€8,934 | -41.4% |
| Cash at bank and in hand | 54/58 | €143,037 | €68,707 | -€74,331 | -52.0% |
| Deferred charges and accrued income | 490/1 | - | €4,649 | +€4,649 | |
| Total equity and liabilities | 10/49 | €1,227,486 | €299,209 | -€928,277 | -75.6% |
| Equity | 10/15 | -€312,513 | -€349,683 | -€37,170 | -11.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€322,513 | -€359,683 | -€37,170 | -11.5% |
| Amounts payable | 17/49 | €1,539,999 | €648,892 | -€891,107 | -57.9% |
| Amounts payable within one year | 42/48 | €1,539,999 | €648,892 | -€891,107 | -57.9% |
| Trade debts | 44 | €1,539,729 | €647,799 | -€891,930 | -57.9% |
| Suppliers | 440/4 | €1,539,729 | €647,799 | -€891,930 | -57.9% |
| Taxes, remuneration and social security | 45 | €270 | €1,092 | +€823 | +305% |
| Taxes | 450/3 | €270 | €1,092 | +€823 | +305% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,975 | €0 | -€37,975 | -100% |
| Other operating charges | 640/8 | €312 | €1,108 | +€796 | +255% |
| Gross operating margin | 9900 | €130,068 | -€19,108 | -€149,176 | |
| Operating profit (loss) | 9901 | €91,781 | -€20,216 | -€111,997 | |
| Financial income | 75/76B | €1,869 | €0 | -€1,869 | -100% |
| Recurring financial income | 75 | €1,869 | €0 | -€1,869 | -100% |
| Financial charges | 65/66B | €14,854 | €16,954 | +€2,100 | +14.1% |
| Recurring financial charges | 65 | €14,854 | €16,954 | +€2,100 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €78,797 | -€37,170 | -€115,967 | |
| Profit (loss) for the period | 9904 | €78,797 | -€37,170 | -€115,967 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,797 | -€37,170 | -€115,967 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.