REXELL & COMPAGNIE: 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.
REXELL & COMPAGNIE
Largest movements
- Receivables within one year +€100,615
up €100,615 (+23.8%), from €422,727 to €523,343
of which Trade receivables: +€91,799
- Cash +€15,428
up €15,428 (+34,623%), from €45 to €15,473
mainly Trade debts (+€107,345) and Tax, wage and social debts (+€9,650)
- Trade debts +€107,345
up €107,345 (+56.1%), from €191,330 to €298,675
of which Suppliers: +€117,620
- Tax, wage and social debts +€9,650
up €9,650 (+32.5%), from €29,738 to €39,388
of which Taxes: +€14,151
- Gross operating margin -€49,057
down €49,057 (-57.4%), from €85,474 to €36,417
- Staff costs -€42,465
down €42,465 (-65.4%), from €64,898 to €22,433
- Taxes -€2,976
down €2,976 (-45.1%), from €6,605 to €3,629
- Other operating charges +€2,546
up €2,546 (+67.0%), from €3,800 to €6,346
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,837 | €540,867 | +€117,031 | +27.6% |
| Fixed assets | 21/28 | €895 | €444 | -€451 | -50.3% |
| Tangible fixed assets | 22/27 | €765 | €314 | -€451 | -58.9% |
| Land and buildings | 22 | €536 | €314 | -€222 | -41.4% |
| Furniture and vehicles | 24 | €228 | - | -€228 | |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €422,942 | €540,423 | +€117,481 | +27.8% |
| Amounts receivable within one year | 40/41 | €422,727 | €523,343 | +€100,615 | +23.8% |
| Trade receivables | 40 | €136,591 | €228,390 | +€91,799 | +67.2% |
| Other amounts receivable | 41 | €286,136 | €294,953 | +€8,816 | +3.1% |
| Cash at bank and in hand | 54/58 | €45 | €15,473 | +€15,428 | +34,623% |
| Deferred charges and accrued income | 490/1 | €170 | €1,608 | +€1,438 | +846% |
| Total equity and liabilities | 10/49 | €423,837 | €540,867 | +€117,031 | +27.6% |
| Equity | 10/15 | €200,580 | €202,805 | +€2,225 | +1.1% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €167,597 | €167,597 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,737 | €165,737 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,583 | €21,808 | +€2,225 | +11.4% |
| Amounts payable | 17/49 | €223,257 | €338,062 | +€114,806 | +51.4% |
| Amounts payable within one year | 42/48 | €223,253 | €338,062 | +€114,809 | +51.4% |
| Trade debts | 44 | €191,330 | €298,675 | +€107,345 | +56.1% |
| Suppliers | 440/4 | €146,913 | €264,533 | +€117,620 | +80.1% |
| Bills of exchange payable | 441 | €44,417 | €34,142 | -€10,275 | -23.1% |
| Taxes, remuneration and social security | 45 | €29,738 | €39,388 | +€9,650 | +32.5% |
| Taxes | 450/3 | €16,890 | €31,041 | +€14,151 | +83.8% |
| Remuneration and social security | 454/9 | €12,848 | €8,347 | -€4,501 | -35.0% |
| Other amounts payable | 47/48 | €2,186 | - | -€2,186 | |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Remuneration, social security and pensions | 62 | €64,898 | €22,433 | -€42,465 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €451 | -€799 | -63.9% |
| Other operating charges | 640/8 | €3,800 | €6,346 | +€2,546 | +67.0% |
| Gross operating margin | 9900 | €85,474 | €36,417 | -€49,057 | -57.4% |
| Operating profit (loss) | 9901 | €15,526 | €7,188 | -€8,339 | -53.7% |
| Financial income | 75/76B | €33 | €0 | -€33 | -99.5% |
| Recurring financial income | 75 | €33 | €0 | -€33 | -99.5% |
| Financial charges | 65/66B | €1,318 | €1,334 | +€16 | +1.2% |
| Recurring financial charges | 65 | €1,318 | €1,334 | +€16 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €14,242 | €5,854 | -€8,388 | -58.9% |
| Income taxes | 67/77 | €6,605 | €3,629 | -€2,976 | -45.1% |
| Profit (loss) for the period | 9904 | €7,637 | €2,225 | -€5,412 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,637 | €2,225 | -€5,412 | -70.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.