DE RUYSSCHER: 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.
What changed
DE RUYSSCHER
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€121,721
2024 · €129,707-€7,986
Equity
€1.0m
2024 · €880,504+€119,721
Cash
€5,700
2024 · €13,086-€7,386
Balance sheet total
€1.2m
2024 · €1.2m+€18,130
Largest movements
Assets
- Receivables within one year +€25,136
up €25,136 (+119%), from €21,191 to €46,327
of which Other amounts receivable: +€28,879
Equity and liabilities
- Reserves +€119,721
up €119,721 (+14.3%), from €839,820 to €959,541
- Accrued charges and deferred income -€88,047
down €88,047 (-97.8%), from €90,000 to €1,953
- Debts after one year -€25,594
down €25,594 (-20.8%), from €122,779 to €97,185
- Tax, wage and social debts +€12,603
up €12,603 (+27.1%), from €46,566 to €59,169
of which Taxes: +€12,653
Income statement
- Gross operating margin -€10,922
down €10,922 (-5.2%), from €208,534 to €197,612
- Taxes -€2,631
down €2,631 (-4.4%), from €59,363 to €56,733
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.
Result 2024
€129,707
Gross operating margin
-€10,922
Depreciation
+€529
Other operating charges
+€414
Financial income
-€840
Financial charges
+€203
Taxes
+€2,631
Result 2025
€121,721
raises the resultlowers the result
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.
From operations
+€24,000
Investment
-€2,036
Financing
-€29,350
Cash 2024
€13,086
From operations (derived)
+€24,000
Net result for the year
+€121,721
Depreciation
+€4,936
Receivables within one year
-€25,136
Deferred charges and accrued income
-€3,280
Trade debts
-€796
Tax, wage and social debts
+€12,603
Other debts
+€2,000
Accrued charges and deferred income
-€88,047
Investment (derived)
-€2,036
Investment in fixed assets (net)
-€2,174
Current investments
+€138
Financing
-€29,350
Debts after one year
-€25,594
Current portion of long-term debt
-€1,314
Short-term financial debts
-€443
Contributions, distributions and other
-€2,000
Cash 2025
€5,700
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,194,776 | €1,212,906 | +€18,130 | +1.5% |
| Fixed assets | 21/28 | €1,132,560 | €1,129,798 | -€2,762 | -0.2% |
| Tangible fixed assets | 22/27 | €1,132,560 | €1,129,798 | -€2,762 | -0.2% |
| Land and buildings | 22 | €1,129,802 | €1,126,739 | -€3,064 | -0.3% |
| Plant, machinery and equipment | 23 | €2,449 | €3,028 | +€579 | +23.6% |
| Furniture and vehicles | 24 | €309 | €32 | -€277 | -89.7% |
| Current assets | 29/58 | €62,216 | €83,108 | +€20,892 | +33.6% |
| Amounts receivable after more than one year | 29 | €27,500 | €27,500 | = | 0.0% |
| Other amounts receivable | 291 | €27,500 | €27,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,191 | €46,327 | +€25,136 | +119% |
| Trade receivables | 40 | €21,191 | €17,448 | -€3,743 | -17.7% |
| Other amounts receivable | 41 | - | €28,879 | +€28,879 | |
| Current investments | 50/53 | €439 | €302 | -€138 | -31.3% |
| Cash at bank and in hand | 54/58 | €13,086 | €5,700 | -€7,386 | -56.4% |
| Deferred charges and accrued income | 490/1 | - | €3,280 | +€3,280 | |
| Total equity and liabilities | 10/49 | €1,194,776 | €1,212,906 | +€18,130 | +1.5% |
| Equity | 10/15 | €880,504 | €1,000,225 | +€119,721 | +13.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €839,820 | €959,541 | +€119,721 | +14.3% |
| Distributable reserves | 133 | €839,820 | €959,541 | +€119,721 | +14.3% |
| Profit (loss) carried forward | 14 | €685 | €685 | = | 0.0% |
| Amounts payable | 17/49 | €314,272 | €212,681 | -€101,591 | -32.3% |
| Amounts payable after more than one year | 17 | €122,779 | €97,185 | -€25,594 | -20.8% |
| Financial debts | 170/4 | €122,779 | €97,185 | -€25,594 | -20.8% |
| Amounts payable within one year | 42/48 | €101,493 | €113,543 | +€12,050 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €26,907 | €25,594 | -€1,314 | -4.9% |
| Financial debts | 43 | €26,785 | €26,342 | -€443 | -1.7% |
| Credit institutions | 430/8 | €26,785 | €26,342 | -€443 | -1.7% |
| Trade debts | 44 | €1,235 | €438 | -€796 | -64.5% |
| Suppliers | 440/4 | €1,235 | €438 | -€796 | -64.5% |
| Taxes, remuneration and social security | 45 | €46,566 | €59,169 | +€12,603 | +27.1% |
| Taxes | 450/3 | €46,516 | €59,169 | +€12,653 | +27.2% |
| Remuneration and social security | 454/9 | €49 | - | -€49 | |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €90,000 | €1,953 | -€88,047 | -97.8% |
| Non-recurring operating income | 76A | €980 | - | -€980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,465 | €4,936 | -€529 | -9.7% |
| Other operating charges | 640/8 | €5,434 | €5,020 | -€414 | -7.6% |
| Gross operating margin | 9900 | €208,534 | €197,612 | -€10,922 | -5.2% |
| Operating profit (loss) | 9901 | €197,635 | €187,656 | -€9,979 | -5.0% |
| Financial income | 75/76B | €849 | €8 | -€840 | -99.0% |
| Recurring financial income | 75 | €849 | €8 | -€840 | -99.0% |
| Financial charges | 65/66B | €9,414 | €9,211 | -€203 | -2.2% |
| Recurring financial charges | 65 | €9,414 | €9,211 | -€203 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €189,070 | €178,454 | -€10,616 | -5.6% |
| Income taxes | 67/77 | €59,363 | €56,733 | -€2,631 | -4.4% |
| Profit (loss) for the period | 9904 | €129,707 | €121,721 | -€7,986 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,707 | €121,721 | -€7,986 | -6.2% |
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 16 October 2026 via checked.be.