REXGLUCK: 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.
REXGLUCK
Largest movements
- Receivables within one year +€6,199
up €6,199 (+15.0%), from €41,298 to €47,497
of which Trade receivables: +€7,197
- Tangible fixed assets -€970
down €970 (-44.4%), from €2,183 to €1,213
- Tax, wage and social debts +€5,980
up €5,980 (+47.2%), from €12,666 to €18,646
- Debts after one year -€2,920
no longer reported in 2025 (was €2,920)
- Profit (loss) carried forward +€2,136
up €2,136 (+11.2%), from €19,121 to €21,258
- Turnover -€4,310
down €4,310 (-16.4%), from €26,310 to €22,000
- Purchases and services -€2,221
down €2,221 (-11.7%), from €18,919 to €16,697
- Gross operating margin -€2,089
down €2,089 (-28.3%), from €7,391 to €5,303
- Taxes +€1,629
new in 2025: €1,629
- Other operating charges +€400
new in 2025: €400
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 | €44,030 | €49,029 | +€4,999 | +11.4% |
| Fixed assets | 21/28 | €2,262 | €1,292 | -€970 | -42.9% |
| Tangible fixed assets | 22/27 | €2,183 | €1,213 | -€970 | -44.4% |
| Furniture and vehicles | 24 | €2,183 | €1,213 | -€970 | -44.4% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €41,768 | €47,737 | +€5,969 | +14.3% |
| Amounts receivable within one year | 40/41 | €41,298 | €47,497 | +€6,199 | +15.0% |
| Trade receivables | 40 | €39,809 | €47,007 | +€7,197 | +18.1% |
| Other amounts receivable | 41 | €1,489 | €491 | -€998 | -67.0% |
| Cash at bank and in hand | 54/58 | €470 | €240 | -€231 | -49.0% |
| Total equity and liabilities | 10/49 | €44,030 | €49,029 | +€4,999 | +11.4% |
| Equity | 10/15 | €22,121 | €24,258 | +€2,136 | +9.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,121 | €21,258 | +€2,136 | +11.2% |
| Amounts payable | 17/49 | €21,909 | €24,771 | +€2,862 | +13.1% |
| Amounts payable after more than one year | 17 | €2,920 | - | -€2,920 | |
| Financial debts | 170/4 | €2,920 | - | -€2,920 | |
| Amounts payable within one year | 42/48 | €18,989 | €24,771 | +€5,782 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €689 | €529 | -€161 | -23.3% |
| Trade debts | 44 | €5,513 | €5,513 | = | 0.0% |
| Suppliers | 440/4 | €5,513 | €5,513 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,666 | €18,646 | +€5,980 | +47.2% |
| Remuneration and social security | 454/9 | €12,666 | €18,646 | +€5,980 | +47.2% |
| Other amounts payable | 47/48 | €120 | €83 | -€37 | -30.9% |
| Turnover | 70 | €26,310 | €22,000 | -€4,310 | -16.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,919 | €16,697 | -€2,221 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728 | €970 | +€243 | +33.3% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €7,391 | €5,303 | -€2,089 | -28.3% |
| Operating profit (loss) | 9901 | €6,664 | €3,933 | -€2,731 | -41.0% |
| Financial charges | 65/66B | €292 | €168 | -€124 | -42.6% |
| Recurring financial charges | 65 | €292 | €168 | -€124 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €6,371 | €3,765 | -€2,606 | -40.9% |
| Income taxes | 67/77 | - | €1,629 | +€1,629 | |
| Profit (loss) for the period | 9904 | €6,371 | €2,136 | -€4,235 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,371 | €2,136 | -€4,235 | -66.5% |
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 15 October 2026 via checked.be.