VAN REMORTEL: 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.
VAN REMORTEL
Largest movements
- Cash +€52,316
up €52,316 (+80.2%), from €65,228 to €117,544
mainly Net result for the year (+€63,579) and Tax, wage and social debts (+€1,412)
- Receivables within one year +€12,061
up €12,061 (+37.8%), from €31,909 to €43,969
of which Trade receivables: +€12,257
- Reserves +€63,579
up €63,579 (+75.9%), from €83,719 to €147,299
- Gross operating margin +€9,928
up €9,928 (+15.7%), from €63,088 to €73,015
- Taxes -€8,957
down €8,957 (-52.6%), from €17,025 to €8,068
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 | €98,228 | €162,148 | +€63,920 | +65.1% |
| Formation expenses | 20 | €362 | €362 | = | 0.0% |
| Fixed assets | 21/28 | €729 | €273 | -€456 | -62.6% |
| Tangible fixed assets | 22/27 | €729 | €273 | -€456 | -62.6% |
| Furniture and vehicles | 24 | €729 | €273 | -€456 | -62.6% |
| Current assets | 29/58 | €97,137 | €161,513 | +€64,377 | +66.3% |
| Amounts receivable within one year | 40/41 | €31,909 | €43,969 | +€12,061 | +37.8% |
| Trade receivables | 40 | €28,857 | €41,114 | +€12,257 | +42.5% |
| Other amounts receivable | 41 | €3,052 | €2,855 | -€196 | -6.4% |
| Cash at bank and in hand | 54/58 | €65,228 | €117,544 | +€52,316 | +80.2% |
| Total equity and liabilities | 10/49 | €98,228 | €162,148 | +€63,920 | +65.1% |
| Equity | 10/15 | €86,219 | €149,799 | +€63,579 | +73.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €83,719 | €147,299 | +€63,579 | +75.9% |
| Distributable reserves | 133 | €83,719 | €147,299 | +€63,579 | +75.9% |
| Amounts payable | 17/49 | €12,009 | €12,350 | +€341 | +2.8% |
| Amounts payable within one year | 42/48 | €12,009 | €12,350 | +€341 | +2.8% |
| Trade debts | 44 | €336 | - | -€336 | |
| Suppliers | 440/4 | €336 | - | -€336 | |
| Taxes, remuneration and social security | 45 | €7,496 | €8,908 | +€1,412 | +18.8% |
| Taxes | 450/3 | €7,496 | €7,961 | +€465 | +6.2% |
| Remuneration and social security | 454/9 | - | €947 | +€947 | |
| Other amounts payable | 47/48 | €4,177 | €3,442 | -€736 | -17.6% |
| Remuneration, social security and pensions | 62 | €154 | - | -€154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €456 | = | 0.0% |
| Other operating charges | 640/8 | €1,336 | €758 | -€577 | -43.2% |
| Gross operating margin | 9900 | €63,088 | €73,015 | +€9,928 | +15.7% |
| Operating profit (loss) | 9901 | €61,142 | €71,801 | +€10,659 | +17.4% |
| Financial charges | 65/66B | €141 | €153 | +€13 | +9.1% |
| Recurring financial charges | 65 | €141 | €153 | +€13 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €61,001 | €71,647 | +€10,646 | +17.5% |
| Income taxes | 67/77 | €17,025 | €8,068 | -€8,957 | -52.6% |
| Profit (loss) for the period | 9904 | €43,976 | €63,579 | +€19,603 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,976 | €63,579 | +€19,603 | +44.6% |
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 6 October 2026 via checked.be.