Joran Rymen: 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.
Joran Rymen
Largest movements
- Tangible fixed assets +€21,366
up €21,366 (+152%), from €14,101 to €35,467
of which Leasing and similar rights: +€24,470
- Cash -€16,484
down €16,484 (-18.0%), from €91,554 to €75,070
mainly Investment in fixed assets (net) (-€31,529) and Receivables within one year (-€16,053)
- Receivables within one year +€16,053
up €16,053 (+75.0%), from €21,415 to €37,468
of which Trade receivables: +€14,878
- Deferred charges and accrued income +€3,651
up €3,651 (+283%), from €1,291 to €4,943
- Profit (loss) carried forward +€17,164
up €17,164 (+286%), from €5,994 to €23,159
- Debts after one year +€8,551
up €8,551 (+45.8%), from €18,671 to €27,222
- Trade debts +€2,928
up €2,928 (+172%), from €1,698 to €4,626
- Tax, wage and social debts -€2,715
down €2,715 (-39.7%), from €6,843 to €4,127
of which Taxes: -€3,751
- Current portion of long-term debt -€1,856
down €1,856 (-15.4%), from €12,074 to €10,218
- Gross operating margin +€6,680
up €6,680 (+13.6%), from €49,290 to €55,969
- Staff costs +€5,160
up €5,160 (+66.6%), from €7,750 to €12,910
- Other operating charges -€2,630
down €2,630 (-68.9%), from €3,815 to €1,186
- Financial income +€1,456
up €1,456 (+284%), from €513 to €1,970
- Taxes +€1,375
up €1,375 (+20.6%), from €6,682 to €8,057
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 | €128,361 | €152,947 | +€24,587 | +19.2% |
| Fixed assets | 21/28 | €14,101 | €35,467 | +€21,366 | +152% |
| Tangible fixed assets | 22/27 | €14,101 | €35,467 | +€21,366 | +152% |
| Plant, machinery and equipment | 23 | €9,351 | €5,688 | -€3,662 | -39.2% |
| Furniture and vehicles | 24 | €4,750 | €5,309 | +€559 | +11.8% |
| Leasing and similar rights | 25 | - | €24,470 | +€24,470 | |
| Current assets | 29/58 | €114,260 | €117,481 | +€3,221 | +2.8% |
| Amounts receivable within one year | 40/41 | €21,415 | €37,468 | +€16,053 | +75.0% |
| Trade receivables | 40 | €17,718 | €32,597 | +€14,878 | +84.0% |
| Other amounts receivable | 41 | €3,696 | €4,871 | +€1,175 | +31.8% |
| Cash at bank and in hand | 54/58 | €91,554 | €75,070 | -€16,484 | -18.0% |
| Deferred charges and accrued income | 490/1 | €1,291 | €4,943 | +€3,651 | +283% |
| Total equity and liabilities | 10/49 | €128,361 | €152,947 | +€24,587 | +19.2% |
| Equity | 10/15 | €85,786 | €102,950 | +€17,164 | +20.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €77,792 | €77,792 | = | 0.0% |
| Distributable reserves | 133 | €77,792 | €77,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,994 | €23,159 | +€17,164 | +286% |
| Amounts payable | 17/49 | €42,575 | €49,997 | +€7,422 | +17.4% |
| Amounts payable after more than one year | 17 | €18,671 | €27,222 | +€8,551 | +45.8% |
| Financial debts | 170/4 | €18,671 | €27,222 | +€8,551 | +45.8% |
| Amounts payable within one year | 42/48 | €23,904 | €22,776 | -€1,129 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €12,074 | €10,218 | -€1,856 | -15.4% |
| Trade debts | 44 | €1,698 | €4,626 | +€2,928 | +172% |
| Suppliers | 440/4 | €1,698 | €4,626 | +€2,928 | +172% |
| Taxes, remuneration and social security | 45 | €6,843 | €4,127 | -€2,715 | -39.7% |
| Taxes | 450/3 | €6,274 | €2,523 | -€3,751 | -59.8% |
| Remuneration and social security | 454/9 | €569 | €1,604 | +€1,036 | +182% |
| Other amounts payable | 47/48 | €3,289 | €3,804 | +€515 | +15.7% |
| Remuneration, social security and pensions | 62 | €7,750 | €12,910 | +€5,160 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,849 | €10,163 | +€1,314 | +14.9% |
| Other operating charges | 640/8 | €3,815 | €1,186 | -€2,630 | -68.9% |
| Non-recurring operating charges | 66A | €8,817 | - | -€8,817 | |
| Gross operating margin | 9900 | €49,290 | €55,969 | +€6,680 | +13.6% |
| Operating profit (loss) | 9901 | €20,059 | €31,711 | +€11,652 | +58.1% |
| Financial income | 75/76B | €513 | €1,970 | +€1,456 | +284% |
| Recurring financial income | 75 | €513 | €1,970 | +€1,456 | +284% |
| Financial charges | 65/66B | €7,895 | €8,459 | +€564 | +7.1% |
| Recurring financial charges | 65 | €7,895 | €8,459 | +€564 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €12,677 | €25,221 | +€12,545 | +99.0% |
| Income taxes | 67/77 | €6,682 | €8,057 | +€1,375 | +20.6% |
| Profit (loss) for the period | 9904 | €5,994 | €17,164 | +€11,170 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €5,994 | €17,164 | +€11,170 | +186% |
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 18 October 2026 via checked.be.