BJORN ROMBAUT: 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.
BJORN ROMBAUT
Largest movements
- Cash -€47,029
down €47,029 (-49.1%), from €95,862 to €48,833
mainly Other debts (-€61,825) and Contributions, distributions and other (-€30,000)
- Receivables within one year -€25,531
down €25,531 (-69.7%), from €36,622 to €11,091
of which Trade receivables: -€25,623
- Tangible fixed assets -€4,301
down €4,301 (-49.3%), from €8,717 to €4,417
- Other debts -€61,825
down €61,825 (-64.8%), from €95,450 to €33,626
- Tax, wage and social debts -€15,801
down €15,801 (-59.2%), from €26,684 to €10,883
- Gross operating margin -€33,409
down €33,409 (-45.3%), from €73,673 to €40,264
- Taxes -€13,131
down €13,131 (-75.4%), from €17,406 to €4,275
- Depreciation -€1,887
down €1,887 (-30.5%), from €6,187 to €4,301
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 | €144,059 | €66,878 | -€77,182 | -53.6% |
| Fixed assets | 21/28 | €10,763 | €6,463 | -€4,301 | -40.0% |
| Tangible fixed assets | 22/27 | €8,717 | €4,417 | -€4,301 | -49.3% |
| Furniture and vehicles | 24 | €8,717 | €4,417 | -€4,301 | -49.3% |
| Financial fixed assets | 28 | €2,046 | €2,046 | = | 0.0% |
| Current assets | 29/58 | €133,296 | €60,415 | -€72,881 | -54.7% |
| Amounts receivable within one year | 40/41 | €36,622 | €11,091 | -€25,531 | -69.7% |
| Trade receivables | 40 | €35,811 | €10,188 | -€25,623 | -71.6% |
| Other amounts receivable | 41 | €811 | €903 | +€92 | +11.4% |
| Cash at bank and in hand | 54/58 | €95,862 | €48,833 | -€47,029 | -49.1% |
| Deferred charges and accrued income | 490/1 | €812 | €491 | -€321 | -39.6% |
| Total equity and liabilities | 10/49 | €144,059 | €66,878 | -€77,182 | -53.6% |
| Equity | 10/15 | €20,405 | €20,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,654 | €46,473 | -€77,182 | -62.4% |
| Amounts payable within one year | 42/48 | €123,654 | €46,473 | -€77,182 | -62.4% |
| Trade debts | 44 | €1,520 | €1,964 | +€444 | +29.2% |
| Suppliers | 440/4 | €1,520 | €1,964 | +€444 | +29.2% |
| Taxes, remuneration and social security | 45 | €26,684 | €10,883 | -€15,801 | -59.2% |
| Taxes | 450/3 | €26,684 | €10,883 | -€15,801 | -59.2% |
| Other amounts payable | 47/48 | €95,450 | €33,626 | -€61,825 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,187 | €4,301 | -€1,887 | -30.5% |
| Other operating charges | 640/8 | €1,095 | €1,563 | +€468 | +42.7% |
| Non-recurring operating charges | 66A | €795 | €0 | -€795 | -100% |
| Gross operating margin | 9900 | €73,673 | €40,264 | -€33,409 | -45.3% |
| Operating profit (loss) | 9901 | €65,595 | €34,400 | -€31,195 | -47.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €169 | €125 | -€44 | -25.9% |
| Recurring financial charges | 65 | €169 | €125 | -€44 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €65,427 | €34,275 | -€31,152 | -47.6% |
| Income taxes | 67/77 | €17,406 | €4,275 | -€13,131 | -75.4% |
| Profit (loss) for the period | 9904 | €48,021 | €30,000 | -€18,021 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,021 | €30,000 | -€18,021 | -37.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.