VAN REMOORTERE: 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.
VAN REMOORTERE
Largest movements
- Tangible fixed assets +€58,314
up €58,314 (+518%), from €11,261 to €69,575
of which Furniture and vehicles: +€62,384
- Receivables within one year +€53,584
up €53,584 (+387%), from €13,832 to €67,415
of which Trade receivables: +€38,220
- Cash +€44,215
up €44,215 (+25.2%), from €175,121 to €219,336
mainly Trade debts (+€83,157) and Other debts (+€66,353)
- Stocks and contracts +€15,000
up €15,000 (+42.9%), from €35,000 to €50,000
- Trade debts +€83,157
up €83,157 (+279%), from €29,824 to €112,981
- Other debts +€66,353
new in 2025: €66,353
- Debts after one year +€44,661
new in 2025: €44,661
- Reserves -€18,538
down €18,538 (-11.9%), from €156,346 to €137,808
- Tax, wage and social debts -€5,707
down €5,707 (-23.7%), from €24,031 to €18,324
of which Taxes: -€8,174
- Taxes -€8,795
down €8,795 (-41.9%), from €20,992 to €12,197
- Gross operating margin -€8,488
down €8,488 (-7.1%), from €118,858 to €110,370
- Staff costs +€4,288
up €4,288 (+14.6%), from €29,342 to €33,629
- Financial charges +€2,519
up €2,519 (+599%), from €421 to €2,940
- Depreciation +€2,441
up €2,441 (+14.8%), from €16,450 to €18,891
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 | €245,666 | €418,074 | +€172,408 | +70.2% |
| Fixed assets | 21/28 | €11,441 | €69,755 | +€58,314 | +510% |
| Tangible fixed assets | 22/27 | €11,261 | €69,575 | +€58,314 | +518% |
| Plant, machinery and equipment | 23 | €11,261 | €7,192 | -€4,069 | -36.1% |
| Furniture and vehicles | 24 | - | €62,384 | +€62,384 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €234,225 | €348,318 | +€114,094 | +48.7% |
| Stocks and contracts in progress | 3 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Contracts in progress | 37 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Amounts receivable within one year | 40/41 | €13,832 | €67,415 | +€53,584 | +387% |
| Trade receivables | 40 | €2,773 | €40,993 | +€38,220 | +1,378% |
| Other amounts receivable | 41 | €11,059 | €26,422 | +€15,364 | +139% |
| Cash at bank and in hand | 54/58 | €175,121 | €219,336 | +€44,215 | +25.2% |
| Deferred charges and accrued income | 490/1 | €10,272 | €11,566 | +€1,294 | +12.6% |
| Total equity and liabilities | 10/49 | €245,666 | €418,074 | +€172,408 | +70.2% |
| Equity | 10/15 | €181,346 | €162,808 | -€18,538 | -10.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €156,346 | €137,808 | -€18,538 | -11.9% |
| Distributable reserves | 133 | €156,346 | €137,808 | -€18,538 | -11.9% |
| Amounts payable | 17/49 | €64,320 | €255,266 | +€190,946 | +297% |
| Amounts payable after more than one year | 17 | - | €44,661 | +€44,661 | |
| Financial debts | 170/4 | - | €44,661 | +€44,661 | |
| Amounts payable within one year | 42/48 | €62,835 | €210,605 | +€147,770 | +235% |
| Current portion of amounts payable after more than one year | 42 | €8,980 | €12,946 | +€3,967 | +44.2% |
| Trade debts | 44 | €29,824 | €112,981 | +€83,157 | +279% |
| Suppliers | 440/4 | €29,824 | €112,981 | +€83,157 | +279% |
| Taxes, remuneration and social security | 45 | €24,031 | €18,324 | -€5,707 | -23.7% |
| Taxes | 450/3 | €22,241 | €14,066 | -€8,174 | -36.8% |
| Remuneration and social security | 454/9 | €1,790 | €4,257 | +€2,467 | +138% |
| Other amounts payable | 47/48 | - | €66,353 | +€66,353 | |
| Accrued charges and deferred income | 492/3 | €1,485 | - | -€1,485 | |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €29,342 | €33,629 | +€4,288 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,450 | €18,891 | +€2,441 | +14.8% |
| Other operating charges | 640/8 | €3,077 | €3,423 | +€345 | +11.2% |
| Gross operating margin | 9900 | €118,858 | €110,370 | -€8,488 | -7.1% |
| Operating profit (loss) | 9901 | €69,989 | €54,427 | -€15,562 | -22.2% |
| Financial income | 75/76B | €202 | €172 | -€30 | -14.8% |
| Recurring financial income | 75 | €202 | €172 | -€30 | -14.8% |
| Financial charges | 65/66B | €421 | €2,940 | +€2,519 | +599% |
| Recurring financial charges | 65 | €421 | €2,940 | +€2,519 | +599% |
| Profit (loss) for the period before taxes | 9903 | €69,770 | €51,659 | -€18,111 | -26.0% |
| Income taxes | 67/77 | €20,992 | €12,197 | -€8,795 | -41.9% |
| Profit (loss) for the period | 9904 | €48,778 | €39,462 | -€9,316 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,778 | €39,462 | -€9,316 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.