Gert 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.
Gert Rombouts
Largest movements
- Receivables within one year +€6,476
up €6,476 (+108%), from €5,975 to €12,451
of which Other amounts receivable: +€12,221
- Cash -€6,388
down €6,388 (-7.8%), from €82,013 to €75,625
mainly Receivables within one year (-€6,476) and Debts after one year (-€5,265)
- Tangible fixed assets -€5,350
down €5,350 (-19.0%), from €28,092 to €22,742
of which Furniture and vehicles: -€6,310
- Debts after one year -€5,265
down €5,265 (-26.9%), from €19,583 to €14,318
- Other debts -€4,779
no longer reported in 2025 (was €4,779)
- Reserves +€4,714
up €4,714 (+16.0%), from €29,376 to €34,090
- Gross operating margin -€26,563
down €26,563 (-61.5%), from €43,214 to €16,651
- Taxes -€5,729
down €5,729 (-72.4%), from €7,916 to €2,187
- Depreciation +€2,295
up €2,295 (+45.0%), from €5,101 to €7,395
- Financial charges +€454
up €454 (+69.3%), from €656 to €1,111
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 | €118,820 | €113,170 | -€5,650 | -4.8% |
| Fixed assets | 21/28 | €28,092 | €22,742 | -€5,350 | -19.0% |
| Tangible fixed assets | 22/27 | €28,092 | €22,742 | -€5,350 | -19.0% |
| Plant, machinery and equipment | 23 | €2,199 | €3,158 | +€960 | +43.7% |
| Furniture and vehicles | 24 | €25,894 | €19,584 | -€6,310 | -24.4% |
| Current assets | 29/58 | €90,728 | €90,428 | -€300 | -0.3% |
| Stocks and contracts in progress | 3 | €619 | €682 | +€63 | +10.1% |
| Stocks | 30/36 | €619 | €682 | +€63 | +10.1% |
| Amounts receivable within one year | 40/41 | €5,975 | €12,451 | +€6,476 | +108% |
| Trade receivables | 40 | €5,745 | - | -€5,745 | |
| Other amounts receivable | 41 | €230 | €12,451 | +€12,221 | +5,317% |
| Cash at bank and in hand | 54/58 | €82,013 | €75,625 | -€6,388 | -7.8% |
| Deferred charges and accrued income | 490/1 | €2,121 | €1,671 | -€450 | -21.2% |
| Total equity and liabilities | 10/49 | €118,820 | €113,170 | -€5,650 | -4.8% |
| Equity | 10/15 | €49,376 | €54,090 | +€4,714 | +9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,376 | €34,090 | +€4,714 | +16.0% |
| Distributable reserves | 133 | €29,376 | €34,090 | +€4,714 | +16.0% |
| Amounts payable | 17/49 | €69,444 | €59,080 | -€10,364 | -14.9% |
| Amounts payable after more than one year | 17 | €19,583 | €14,318 | -€5,265 | -26.9% |
| Financial debts | 170/4 | €19,583 | €14,318 | -€5,265 | -26.9% |
| Amounts payable within one year | 42/48 | €49,861 | €44,762 | -€5,098 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €5,020 | €5,265 | +€245 | +4.9% |
| Trade debts | 44 | €2,594 | €2,585 | -€9 | -0.3% |
| Suppliers | 440/4 | €2,594 | €2,585 | -€9 | -0.3% |
| Taxes, remuneration and social security | 45 | €37,468 | €36,912 | -€556 | -1.5% |
| Taxes | 450/3 | €416 | €416 | = | 0.0% |
| Remuneration and social security | 454/9 | €37,052 | €36,495 | -€556 | -1.5% |
| Other amounts payable | 47/48 | €4,779 | - | -€4,779 | |
| Non-recurring operating income | 76A | €11,222 | - | -€11,222 | |
| Remuneration, social security and pensions | 62 | €240 | €370 | +€131 | +54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,101 | €7,395 | +€2,295 | +45.0% |
| Other operating charges | 640/8 | €1,005 | €989 | -€15 | -1.5% |
| Gross operating margin | 9900 | €43,214 | €16,651 | -€26,563 | -61.5% |
| Operating profit (loss) | 9901 | €36,869 | €7,896 | -€28,973 | -78.6% |
| Financial income | 75/76B | €104 | €116 | +€12 | +11.1% |
| Recurring financial income | 75 | €104 | €116 | +€12 | +11.1% |
| Financial charges | 65/66B | €656 | €1,111 | +€454 | +69.3% |
| Recurring financial charges | 65 | €656 | €1,111 | +€454 | +69.3% |
| Profit (loss) for the period before taxes | 9903 | €36,317 | €6,901 | -€29,415 | -81.0% |
| Income taxes | 67/77 | €7,916 | €2,187 | -€5,729 | -72.4% |
| Profit (loss) for the period | 9904 | €28,401 | €4,714 | -€23,687 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,401 | €4,714 | -€23,687 | -83.4% |
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 30 October 2026 via checked.be.