DE RUMMENAAR: 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.
DE RUMMENAAR
Largest movements
- Deferred charges and accrued income -€105,000
no longer reported in 2025 (was €105,000)
- Cash -€16,155
down €16,155 (-18.4%), from €87,724 to €71,569
mainly Debts after one year (-€77,736) and Investment in fixed assets (net) (-€53,700)
- Debts after one year -€77,736
down €77,736 (-13.5%), from €577,736 to €500,000
- Other debts -€19,954
down €19,954 (-27.8%), from €71,878 to €51,925
- Gross operating margin +€17,209
up €17,209 (+24.9%), from €69,063 to €86,272
- Depreciation +€6,355
up €6,355 (+13.2%), from €47,971 to €54,326
- Financial charges -€5,608
down €5,608 (-12.2%), from €45,933 to €40,324
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 | €1,550,271 | €1,428,490 | -€121,781 | -7.9% |
| Fixed assets | 21/28 | €1,357,496 | €1,356,870 | -€626 | 0.0% |
| Tangible fixed assets | 22/27 | €1,357,496 | €1,356,870 | -€626 | 0.0% |
| Land and buildings | 22 | €1,357,496 | €1,313,943 | -€43,553 | -3.2% |
| Plant, machinery and equipment | 23 | - | €1,155 | +€1,155 | |
| Furniture and vehicles | 24 | - | €41,772 | +€41,772 | |
| Current assets | 29/58 | €192,775 | €71,620 | -€121,155 | -62.8% |
| Amounts receivable within one year | 40/41 | €51 | €51 | = | 0.0% |
| Other amounts receivable | 41 | €51 | €51 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,724 | €71,569 | -€16,155 | -18.4% |
| Deferred charges and accrued income | 490/1 | €105,000 | - | -€105,000 | |
| Total equity and liabilities | 10/49 | €1,550,271 | €1,428,490 | -€121,781 | -7.9% |
| Equity | 10/15 | €725,099 | €720,551 | -€4,548 | -0.6% |
| Contributions | 10/11 | €503,000 | €503,000 | = | 0.0% |
| Capital | 10 | €503,000 | €503,000 | = | 0.0% |
| Issued capital | 100 | €503,000 | €503,000 | = | 0.0% |
| Reserves | 13 | €443,566 | €432,385 | -€11,181 | -2.5% |
| Tax-exempt reserves | 132 | €246,017 | €234,836 | -€11,181 | -4.5% |
| Distributable reserves | 133 | €197,549 | €197,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,467 | -€214,834 | +€6,633 | +3.0% |
| Provisions and deferred taxes | 16 | €82,006 | €78,279 | -€3,727 | -4.5% |
| Deferred taxes | 168 | €82,006 | €78,279 | -€3,727 | -4.5% |
| Amounts payable | 17/49 | €743,166 | €629,660 | -€113,506 | -15.3% |
| Amounts payable after more than one year | 17 | €577,736 | €500,000 | -€77,736 | -13.5% |
| Financial debts | 170/4 | €577,736 | €500,000 | -€77,736 | -13.5% |
| Amounts payable within one year | 42/48 | €165,430 | €129,660 | -€35,770 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €92,269 | €77,736 | -€14,533 | -15.8% |
| Trade debts | 44 | €1,283 | - | -€1,283 | |
| Suppliers | 440/4 | €1,283 | - | -€1,283 | |
| Other amounts payable | 47/48 | €71,878 | €51,925 | -€19,954 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,971 | €54,326 | +€6,355 | +13.2% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | €69,063 | €86,272 | +€17,209 | +24.9% |
| Operating profit (loss) | 9901 | €21,030 | €31,946 | +€10,915 | +51.9% |
| Financial income | 75/76B | €170 | €104 | -€66 | -39.0% |
| Recurring financial income | 75 | €170 | €104 | -€66 | -39.0% |
| Financial charges | 65/66B | €45,933 | €40,324 | -€5,608 | -12.2% |
| Recurring financial charges | 65 | €45,933 | €40,324 | -€5,608 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,732 | -€8,275 | +€16,457 | +66.5% |
| Transfer from deferred taxes | 780 | €3,727 | €3,727 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€21,005 | -€4,548 | +€16,457 | +78.3% |
| Transfer from tax-exempt reserves | 789 | €11,181 | €11,181 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,824 | €6,633 | +€16,457 |
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 4 October 2026 via checked.be.