RIEMERS: 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.
RIEMERS
Largest movements
- Receivables within one year +€37,077
up €37,077 (+1299.6%), from €2,853 to €39,930
of which Trade receivables: +€38,819
- Cash +€14,615
up €14,615 (+12.5%), from €117,126 to €131,741
mainly Net result for the year (+€37,142) and Depreciation (+€22,877)
- Tangible fixed assets -€11,728
down €11,728 (-5.0%), from €233,331 to €221,603
of which Plant, machinery and equipment: -€9,859
- Deferred charges and accrued income -€8,250
no longer reported in 2025 (was €8,250)
- Reserves +€29,896
up €29,896 (+59.2%), from €50,500 to €80,396
- Debts after one year -€15,194
down €15,194 (-8.5%), from €179,287 to €164,094
- Profit (loss) carried forward +€7,246
up €7,246 (+24.2%), from €29,896 to €37,142
- Other debts +€6,129
up €6,129 (+10.5%), from €58,234 to €64,363
- Gross operating margin +€14,975
up €14,975 (+21.9%), from €68,455 to €83,430
- Taxes +€4,962
up €4,962 (+60.1%), from €8,258 to €13,220
- Depreciation +€1,858
up €1,858 (+8.8%), from €21,019 to €22,877
- Other operating charges +€1,465
up €1,465 (+87.7%), from €1,671 to €3,137
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 | €361,560 | €393,275 | +€31,714 | +8.8% |
| Fixed assets | 21/28 | €233,331 | €221,603 | -€11,728 | -5.0% |
| Tangible fixed assets | 22/27 | €233,331 | €221,603 | -€11,728 | -5.0% |
| Land and buildings | 22 | €208,849 | €206,980 | -€1,869 | -0.9% |
| Plant, machinery and equipment | 23 | €24,483 | €14,623 | -€9,859 | -40.3% |
| Current assets | 29/58 | €128,229 | €171,671 | +€43,442 | +33.9% |
| Amounts receivable within one year | 40/41 | €2,853 | €39,930 | +€37,077 | +1299.6% |
| Trade receivables | 40 | €1,111 | €39,930 | +€38,819 | +3495.5% |
| Other amounts receivable | 41 | €1,742 | - | -€1,742 | |
| Cash at bank and in hand | 54/58 | €117,126 | €131,741 | +€14,615 | +12.5% |
| Deferred charges and accrued income | 490/1 | €8,250 | - | -€8,250 | |
| Total equity and liabilities | 10/49 | €361,560 | €393,275 | +€31,714 | +8.8% |
| Equity | 10/15 | €98,996 | €136,138 | +€37,142 | +37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,500 | €80,396 | +€29,896 | +59.2% |
| Distributable reserves | 133 | €50,500 | €80,396 | +€29,896 | +59.2% |
| Profit (loss) carried forward | 14 | €29,896 | €37,142 | +€7,246 | +24.2% |
| Amounts payable | 17/49 | €262,564 | €257,136 | -€5,428 | -2.1% |
| Amounts payable after more than one year | 17 | €179,287 | €164,094 | -€15,194 | -8.5% |
| Financial debts | 170/4 | €179,287 | €164,094 | -€15,194 | -8.5% |
| Amounts payable within one year | 42/48 | €83,277 | €93,043 | +€9,766 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €14,985 | €15,194 | +€209 | +1.4% |
| Trade debts | 44 | €1,881 | €2,770 | +€889 | +47.3% |
| Suppliers | 440/4 | €1,881 | €2,770 | +€889 | +47.3% |
| Taxes, remuneration and social security | 45 | €8,177 | €10,715 | +€2,539 | +31.0% |
| Taxes | 450/3 | €8,177 | €10,715 | +€2,539 | +31.0% |
| Other amounts payable | 47/48 | €58,234 | €64,363 | +€6,129 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,019 | €22,877 | +€1,858 | +8.8% |
| Other operating charges | 640/8 | €1,671 | €3,137 | +€1,465 | +87.7% |
| Gross operating margin | 9900 | €68,455 | €83,430 | +€14,975 | +21.9% |
| Operating profit (loss) | 9901 | €45,765 | €57,417 | +€11,652 | +25.5% |
| Financial charges | 65/66B | €7,611 | €7,055 | -€556 | -7.3% |
| Recurring financial charges | 65 | €7,611 | €7,055 | -€556 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €38,154 | €50,362 | +€12,209 | +32.0% |
| Income taxes | 67/77 | €8,258 | €13,220 | +€4,962 | +60.1% |
| Profit (loss) for the period | 9904 | €29,896 | €37,142 | +€7,246 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,896 | €37,142 | +€7,246 | +24.2% |
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 4 October 2026 via checked.be.