REMAGO: 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.
REMAGO
Largest movements
- Receivables within one year +€38,003
up €38,003 (+2.0%), from €1.9m to €2.0m
- Profit (loss) carried forward +€24,346
up €24,346 (+5.1%), from €476,128 to €500,474
No income-statement line moved by more than 1% of the activity.
From the 2020 result to the 2023 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,937,105 | €1,969,565 | +€32,460 | +1.7% |
| Fixed assets | 21/28 | €5,544 | - | -€5,544 | |
| Tangible fixed assets | 22/27 | €5,544 | - | -€5,544 | |
| Current assets | 29/58 | €1,931,561 | €1,969,565 | +€38,004 | +2.0% |
| Amounts receivable within one year | 40/41 | €1,931,540 | €1,969,543 | +€38,003 | +2.0% |
| Other amounts receivable | 41 | - | €1,969,543 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €21 | €22 | +€1 | +4.8% |
| Total equity and liabilities | 10/49 | €1,937,105 | €1,969,565 | +€32,460 | +1.7% |
| Equity | 10/15 | €1,937,105 | €1,961,452 | +€24,347 | +1.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €1,436,188 | €1,436,189 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,479 | +€2,479 | |
| Reserves not available under the articles | 1311 | - | €2,479 | +€2,479 | |
| Tax-exempt reserves | 132 | - | €64,674 | +€64,674 | |
| Distributable reserves | 133 | - | €1,369,036 | +€1.4m | |
| Profit (loss) carried forward | 14 | €476,128 | €500,474 | +€24,346 | +5.1% |
| Amounts payable | 17/49 | - | €8,113 | +€8,113 | |
| Amounts payable within one year | 42/48 | - | €8,113 | +€8,113 | |
| Other amounts payable | 47/48 | - | €8,113 | +€8,113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €821 | - | -€821 | |
| Operating profit (loss) | 9901 | -€821 | - | +€821 | |
| Profit (loss) for the period before taxes | 9903 | -€821 | - | +€821 | |
| Profit (loss) for the period | 9904 | -€821 | - | +€821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€821 | - | +€821 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.