DE MUNTER RONNY: 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.
DE MUNTER RONNY
Largest movements
- Receivables within one year +€11,378
up €11,378 (+114%), from €9,957 to €21,336
of which Trade receivables: +€15,856
- Cash +€5,658
up €5,658 (+15.7%), from €35,947 to €41,605
mainly Depreciation (+€43,635) and Net result for the year (+€30,560)
- Stocks and contracts +€2,410
up €2,410 (+10.0%), from €24,097 to €26,507
- Tangible fixed assets +€1,962
up €1,962 (+2.9%), from €67,725 to €69,688
of which Furniture and vehicles: +€31,011
- Reserves +€30,000
up €30,000 (+39.0%), from €77,000 to €107,000
- Current portion of long-term debt -€13,044
down €13,044 (-91.6%), from €14,241 to €1,197
- Other debts +€2,804
up €2,804 (+15.0%), from €18,713 to €21,517
- Accrued charges and deferred income +€1,694
up €1,694 (+60.5%), from €2,797 to €4,491
- Gross operating margin +€34,911
up €34,911 (+30.3%), from €115,387 to €150,298
- Depreciation +€9,624
up €9,624 (+28.3%), from €34,011 to €43,635
- Staff costs +€9,228
up €9,228 (+17.9%), from €51,578 to €60,806
- Taxes +€5,175
up €5,175 (+61.5%), from €8,416 to €13,591
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 | €147,152 | €167,213 | +€20,061 | +13.6% |
| Fixed assets | 21/28 | €67,725 | €69,688 | +€1,962 | +2.9% |
| Tangible fixed assets | 22/27 | €67,725 | €69,688 | +€1,962 | +2.9% |
| Land and buildings | 22 | €2,008 | €431 | -€1,577 | -78.6% |
| Plant, machinery and equipment | 23 | €39,459 | €11,987 | -€27,472 | -69.6% |
| Furniture and vehicles | 24 | €26,259 | €57,270 | +€31,011 | +118% |
| Current assets | 29/58 | €79,426 | €97,525 | +€18,099 | +22.8% |
| Stocks and contracts in progress | 3 | €24,097 | €26,507 | +€2,410 | +10.0% |
| Stocks | 30/36 | €24,097 | €26,507 | +€2,410 | +10.0% |
| Amounts receivable within one year | 40/41 | €9,957 | €21,336 | +€11,378 | +114% |
| Trade receivables | 40 | €5,463 | €21,319 | +€15,856 | +290% |
| Other amounts receivable | 41 | €4,494 | €16 | -€4,478 | -99.6% |
| Cash at bank and in hand | 54/58 | €35,947 | €41,605 | +€5,658 | +15.7% |
| Deferred charges and accrued income | 490/1 | €9,425 | €8,078 | -€1,347 | -14.3% |
| Total equity and liabilities | 10/49 | €147,152 | €167,213 | +€20,061 | +13.6% |
| Equity | 10/15 | €87,953 | €118,513 | +€30,560 | +34.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €77,000 | €107,000 | +€30,000 | +39.0% |
| Non-distributable reserves | 130/1 | €77,000 | €107,000 | +€30,000 | +39.0% |
| Other | 1319 | €77,000 | €107,000 | +€30,000 | +39.0% |
| Profit (loss) carried forward | 14 | €7,453 | €8,013 | +€560 | +7.5% |
| Amounts payable | 17/49 | €59,199 | €48,700 | -€10,499 | -17.7% |
| Amounts payable after more than one year | 17 | €1,197 | - | -€1,197 | |
| Financial debts | 170/4 | €1,197 | - | -€1,197 | |
| Amounts payable within one year | 42/48 | €55,204 | €44,209 | -€10,995 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €14,241 | €1,197 | -€13,044 | -91.6% |
| Trade debts | 44 | €2,494 | €2,351 | -€143 | -5.8% |
| Suppliers | 440/4 | €2,494 | €2,351 | -€143 | -5.8% |
| Taxes, remuneration and social security | 45 | €19,756 | €19,144 | -€612 | -3.1% |
| Taxes | 450/3 | €9,915 | €8,839 | -€1,076 | -10.9% |
| Remuneration and social security | 454/9 | €9,841 | €10,306 | +€465 | +4.7% |
| Other amounts payable | 47/48 | €18,713 | €21,517 | +€2,804 | +15.0% |
| Accrued charges and deferred income | 492/3 | €2,797 | €4,491 | +€1,694 | +60.5% |
| Remuneration, social security and pensions | 62 | €51,578 | €60,806 | +€9,228 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,011 | €43,635 | +€9,624 | +28.3% |
| Other operating charges | 640/8 | €1,065 | €1,407 | +€342 | +32.1% |
| Gross operating margin | 9900 | €115,387 | €150,298 | +€34,911 | +30.3% |
| Operating profit (loss) | 9901 | €28,732 | €44,450 | +€15,718 | +54.7% |
| Financial income | 75/76B | €626 | €0 | -€626 | -100.0% |
| Recurring financial income | 75 | €626 | €0 | -€626 | -100.0% |
| Financial charges | 65/66B | €583 | €299 | -€284 | -48.7% |
| Recurring financial charges | 65 | €583 | €299 | -€284 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €28,776 | €44,152 | +€15,376 | +53.4% |
| Income taxes | 67/77 | €8,416 | €13,591 | +€5,175 | +61.5% |
| Profit (loss) for the period | 9904 | €20,360 | €30,560 | +€10,200 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,360 | €30,560 | +€10,200 | +50.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.