DR. L. ROMBOUTS: 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.
DR. L. ROMBOUTS
Largest movements
- Tangible fixed assets -€22,227
down €22,227 (-34.8%), from €63,784 to €41,557
of which Land and buildings: -€19,947
- Cash +€10,081
up €10,081 (+57.7%), from €17,474 to €27,555
mainly Net result for the year (+€22,369) and Depreciation (+€22,227)
- Receivables within one year +€7,482
up €7,482 (+30.6%), from €24,431 to €31,913
- Deferred charges and accrued income +€3,331
up €3,331 (+45.9%), from €7,250 to €10,581
- Tax, wage and social debts -€24,247
down €24,247 (-84.4%), from €28,717 to €4,470
of which Taxes: -€24,247
- Reserves +€22,300
up €22,300 (+15.2%), from €147,067 to €169,367
of which Distributable reserves: +€22,300
- Gross operating margin -€70,484
down €70,484 (-65.9%), from €106,979 to €36,495
- Taxes -€43,485
down €43,485, from €22,558 to -€20,927
- Other operating charges -€2,979
down €2,979 (-89.0%), from €3,346 to €367
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 | €192,694 | €191,362 | -€1,333 | -0.7% |
| Fixed assets | 21/28 | €64,380 | €42,153 | -€22,227 | -34.5% |
| Tangible fixed assets | 22/27 | €63,784 | €41,557 | -€22,227 | -34.8% |
| Land and buildings | 22 | €59,840 | €39,893 | -€19,947 | -33.3% |
| Plant, machinery and equipment | 23 | €3,945 | €1,664 | -€2,281 | -57.8% |
| Financial fixed assets | 28 | €596 | €596 | = | 0.0% |
| Current assets | 29/58 | €128,314 | €149,209 | +€20,894 | +16.3% |
| Amounts receivable within one year | 40/41 | €24,431 | €31,913 | +€7,482 | +30.6% |
| Other amounts receivable | 41 | €24,431 | €31,913 | +€7,482 | +30.6% |
| Current investments | 50/53 | €79,160 | €79,160 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,474 | €27,555 | +€10,081 | +57.7% |
| Deferred charges and accrued income | 490/1 | €7,250 | €10,581 | +€3,331 | +45.9% |
| Total equity and liabilities | 10/49 | €192,694 | €191,362 | -€1,333 | -0.7% |
| Equity | 10/15 | €159,472 | €181,840 | +€22,369 | +14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €147,067 | €169,367 | +€22,300 | +15.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €145,208 | €167,508 | +€22,300 | +15.4% |
| Profit (loss) carried forward | 14 | €4 | €73 | +€69 | +1,690% |
| Amounts payable | 17/49 | €33,223 | €9,522 | -€23,701 | -71.3% |
| Amounts payable within one year | 42/48 | €33,223 | €9,522 | -€23,701 | -71.3% |
| Trade debts | 44 | €4,506 | €5,051 | +€546 | +12.1% |
| Suppliers | 440/4 | €4,506 | €5,051 | +€546 | +12.1% |
| Taxes, remuneration and social security | 45 | €28,717 | €4,470 | -€24,247 | -84.4% |
| Taxes | 450/3 | €26,477 | €2,230 | -€24,247 | -91.6% |
| Remuneration and social security | 454/9 | €2,240 | €2,240 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,720 | €12,460 | +€739 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,227 | €22,227 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,346 | €367 | -€2,979 | -89.0% |
| Gross operating margin | 9900 | €106,979 | €36,495 | -€70,484 | -65.9% |
| Operating profit (loss) | 9901 | €69,686 | €1,442 | -€68,245 | -97.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €0 | €0 | -€0 | -65.0% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €69,686 | €1,442 | -€68,244 | -97.9% |
| Income taxes | 67/77 | €22,558 | -€20,927 | -€43,485 | |
| Profit (loss) for the period | 9904 | €47,127 | €22,369 | -€24,759 | -52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,127 | €22,369 | -€24,759 | -52.5% |
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 17 October 2026 via checked.be.