REXIMM: what changed
Two fiscal 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.
REXIMM
Largest movements
- Receivables within one year +€44,764
up €44,764 (+8.1%), from €553,402 to €598,166
of which Other amounts receivable: +€38,040
- Cash +€9,587
up €9,587 (+203.7%), from €4,707 to €14,294
mainly Net result for the year (+€90,223) and Depreciation (+€4,902)
- Profit (loss) carried forward +€90,223
up €90,223 (+14.5%), from €621,674 to €711,896
- Tax, wage and social debts -€37,290
down €37,290 (-41.9%), from €89,093 to €51,802
- Gross operating margin +€46,940
up €46,940 (+69.5%), from €67,573 to €114,513
- Taxes +€10,075
up €10,075 (+40.6%), from €24,800 to €34,875
- Depreciation -€9,533
down €9,533 (-66.0%), from €14,436 to €4,902
- Write-downs +€7,521
new in 2025: €7,521
- Other operating charges -€3,920
down €3,920 (-47.8%), from €8,192 to €4,273
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €726,474 | €782,445 | +€55,971 | +7.7% |
| Fixed assets | 21/28 | €153,135 | €154,355 | +€1,219 | +0.8% |
| Tangible fixed assets | 22/27 | €150,769 | €151,988 | +€1,219 | +0.8% |
| Furniture and vehicles | 24 | €142,909 | €145,660 | +€2,751 | +1.9% |
| Other tangible fixed assets | 26 | €7,860 | €6,329 | -€1,532 | -19.5% |
| Financial fixed assets | 28 | €2,366 | €2,366 | = | 0.0% |
| Current assets | 29/58 | €573,339 | €628,091 | +€54,752 | +9.5% |
| Amounts receivable within one year | 40/41 | €553,402 | €598,166 | +€44,764 | +8.1% |
| Trade receivables | 40 | €25,196 | €31,920 | +€6,724 | +26.7% |
| Other amounts receivable | 41 | €528,206 | €566,246 | +€38,040 | +7.2% |
| Cash at bank and in hand | 54/58 | €4,707 | €14,294 | +€9,587 | +203.7% |
| Deferred charges and accrued income | 490/1 | €15,230 | €15,631 | +€400 | +2.6% |
| Total equity and liabilities | 10/49 | €726,474 | €782,445 | +€55,971 | +7.7% |
| Equity | 10/15 | €629,734 | €719,956 | +€90,223 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €621,674 | €711,896 | +€90,223 | +14.5% |
| Amounts payable | 17/49 | €96,740 | €62,489 | -€34,251 | -35.4% |
| Amounts payable within one year | 42/48 | €96,740 | €62,489 | -€34,251 | -35.4% |
| Trade debts | 44 | €7,648 | €10,687 | +€3,039 | +39.7% |
| Suppliers | 440/4 | €7,648 | €10,687 | +€3,039 | +39.7% |
| Taxes, remuneration and social security | 45 | €89,093 | €51,802 | -€37,290 | -41.9% |
| Taxes | 450/3 | €89,093 | €51,802 | -€37,290 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,436 | €4,902 | -€9,533 | -66.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,521 | +€7,521 | |
| Other operating charges | 640/8 | €8,192 | €4,273 | -€3,920 | -47.8% |
| Gross operating margin | 9900 | €67,573 | €114,513 | +€46,940 | +69.5% |
| Operating profit (loss) | 9901 | €44,945 | €97,817 | +€52,872 | +117.6% |
| Financial income | 75/76B | €30,685 | €27,925 | -€2,760 | -9.0% |
| Recurring financial income | 75 | €30,685 | €27,925 | -€2,760 | -9.0% |
| Financial charges | 65/66B | €198 | €644 | +€446 | +224.6% |
| Recurring financial charges | 65 | €198 | €644 | +€446 | +224.6% |
| Profit (loss) for the period before taxes | 9903 | €75,431 | €125,098 | +€49,667 | +65.8% |
| Income taxes | 67/77 | €24,800 | €34,875 | +€10,075 | +40.6% |
| Profit (loss) for the period | 9904 | €50,631 | €90,223 | +€39,592 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,631 | €90,223 | +€39,592 | +78.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.