DR. 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. ROMBOUTS
Largest movements
- Receivables within one year -€216,484
down €216,484 (-91.0%), from €238,013 to €21,529
- Tangible fixed assets +€85,603
up €85,603 (+592.2%), from €14,456 to €100,059
of which Plant, machinery and equipment: +€46,353
- Cash +€17,376
up €17,376 (+3.3%), from €523,338 to €540,714
mainly Receivables within one year (+€216,484) and Net result for the year (+€169,638)
- Reserves -€164,149
down €164,149 (-20.1%), from €817,085 to €652,936
- Other debts +€52,352
up €52,352 (+1424.3%), from €3,676 to €56,027
- Gross operating margin -€13,122
down €13,122 (-4.9%), from €266,685 to €253,563
- Taxes -€11,762
down €11,762 (-14.2%), from €83,013 to €71,251
- Depreciation +€9,575
up €9,575 (+157.1%), from €6,094 to €15,669
- Financial income -€5,969
down €5,969 (-58.8%), from €10,147 to €4,177
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 | €856,906 | €738,282 | -€118,624 | -13.8% |
| Fixed assets | 21/28 | €14,456 | €100,059 | +€85,603 | +592.2% |
| Tangible fixed assets | 22/27 | €14,456 | €100,059 | +€85,603 | +592.2% |
| Land and buildings | 22 | €4,192 | - | -€4,192 | |
| Plant, machinery and equipment | 23 | - | €46,353 | +€46,353 | |
| Furniture and vehicles | 24 | €10,264 | €53,706 | +€43,442 | +423.2% |
| Current assets | 29/58 | €842,450 | €638,223 | -€204,227 | -24.2% |
| Amounts receivable within one year | 40/41 | €238,013 | €21,529 | -€216,484 | -91.0% |
| Other amounts receivable | 41 | €238,013 | €21,529 | -€216,484 | -91.0% |
| Cash at bank and in hand | 54/58 | €523,338 | €540,714 | +€17,376 | +3.3% |
| Deferred charges and accrued income | 490/1 | €81,099 | €75,980 | -€5,119 | -6.3% |
| Total equity and liabilities | 10/49 | €856,906 | €738,282 | -€118,624 | -13.8% |
| Equity | 10/15 | €831,345 | €667,196 | -€164,149 | -19.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €817,085 | €652,936 | -€164,149 | -20.1% |
| Distributable reserves | 133 | €817,085 | €652,936 | -€164,149 | -20.1% |
| Amounts payable | 17/49 | €25,561 | €71,086 | +€45,525 | +178.1% |
| Amounts payable within one year | 42/48 | €25,561 | €71,086 | +€45,525 | +178.1% |
| Trade debts | 44 | €1,522 | €1,458 | -€64 | -4.2% |
| Suppliers | 440/4 | €1,522 | €1,458 | -€64 | -4.2% |
| Taxes, remuneration and social security | 45 | €20,363 | €13,601 | -€6,762 | -33.2% |
| Taxes | 450/3 | €20,363 | €13,601 | -€6,762 | -33.2% |
| Other amounts payable | 47/48 | €3,676 | €56,027 | +€52,352 | +1424.3% |
| Non-recurring operating income | 76A | - | €16,030 | +€16,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,094 | €15,669 | +€9,575 | +157.1% |
| Other operating charges | 640/8 | €1,276 | €1,047 | -€229 | -18.0% |
| Gross operating margin | 9900 | €266,685 | €253,563 | -€13,122 | -4.9% |
| Operating profit (loss) | 9901 | €259,315 | €236,847 | -€22,468 | -8.7% |
| Financial income | 75/76B | €10,147 | €4,177 | -€5,969 | -58.8% |
| Recurring financial income | 75 | €10,147 | €4,177 | -€5,969 | -58.8% |
| Financial charges | 65/66B | €185 | €135 | -€50 | -27.0% |
| Recurring financial charges | 65 | €185 | €135 | -€50 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €269,277 | €240,889 | -€28,388 | -10.5% |
| Income taxes | 67/77 | €83,013 | €71,251 | -€11,762 | -14.2% |
| Profit (loss) for the period | 9904 | €186,264 | €169,638 | -€16,626 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €186,264 | €169,638 | -€16,626 | -8.9% |
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 10 October 2026 via checked.be.