Joris Van Rymenant: 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.
Joris Van Rymenant
Largest movements
- Cash +€63,878
up €63,878 (+234%), from €27,345 to €91,223
mainly Net result for the year (+€149,494) and Receivables within one year (+€56,417)
- Receivables within one year -€56,417
down €56,417 (-36.7%), from €153,661 to €97,244
of which Trade receivables: -€47,456
- Tangible fixed assets +€2,742
up €2,742 (+46.8%), from €5,864 to €8,605
of which Other tangible fixed assets: +€3,598
- Tax, wage and social debts +€13,733
up €13,733 (+230%), from €5,964 to €19,697
- Other debts -€2,623
down €2,623 (-1.8%), from €145,738 to €143,115
- Gross operating margin +€40,283
up €40,283 (+25.7%), from €156,679 to €196,962
- Depreciation -€29,306
down €29,306 (-90.5%), from €32,382 to €3,076
- Taxes +€17,281
up €17,281 (+65.6%), from €26,336 to €43,617
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 | €189,260 | €199,463 | +€10,203 | +5.4% |
| Fixed assets | 21/28 | €8,255 | €10,996 | +€2,742 | +33.2% |
| Tangible fixed assets | 22/27 | €5,864 | €8,605 | +€2,742 | +46.8% |
| Plant, machinery and equipment | 23 | - | €499 | +€499 | |
| Furniture and vehicles | 24 | €3,275 | €1,919 | -€1,356 | -41.4% |
| Other tangible fixed assets | 26 | €2,589 | €6,187 | +€3,598 | +139% |
| Financial fixed assets | 28 | €2,391 | €2,391 | = | 0.0% |
| Current assets | 29/58 | €181,005 | €188,467 | +€7,462 | +4.1% |
| Amounts receivable within one year | 40/41 | €153,661 | €97,244 | -€56,417 | -36.7% |
| Trade receivables | 40 | €144,700 | €97,244 | -€47,456 | -32.8% |
| Other amounts receivable | 41 | €8,961 | €0 | -€8,961 | -100% |
| Cash at bank and in hand | 54/58 | €27,345 | €91,223 | +€63,878 | +234% |
| Total equity and liabilities | 10/49 | €189,260 | €199,463 | +€10,203 | +5.4% |
| Equity | 10/15 | €32,890 | €32,384 | -€506 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €14,290 | €13,784 | -€506 | -3.5% |
| Amounts payable | 17/49 | €156,370 | €167,079 | +€10,709 | +6.8% |
| Amounts payable within one year | 42/48 | €156,370 | €167,079 | +€10,709 | +6.8% |
| Trade debts | 44 | €4,667 | €4,266 | -€401 | -8.6% |
| Suppliers | 440/4 | €4,667 | €4,266 | -€401 | -8.6% |
| Taxes, remuneration and social security | 45 | €5,964 | €19,697 | +€13,733 | +230% |
| Taxes | 450/3 | €5,964 | €19,697 | +€13,733 | +230% |
| Other amounts payable | 47/48 | €145,738 | €143,115 | -€2,623 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,382 | €3,076 | -€29,306 | -90.5% |
| Other operating charges | 640/8 | €0 | €689 | +€689 | |
| Gross operating margin | 9900 | €156,679 | €196,962 | +€40,283 | +25.7% |
| Operating profit (loss) | 9901 | €124,297 | €193,197 | +€68,899 | +55.4% |
| Financial income | 75/76B | €91 | €0 | -€91 | -100.0% |
| Recurring financial income | 75 | €91 | €0 | -€91 | -100.0% |
| Financial charges | 65/66B | €209 | €85 | -€124 | -59.2% |
| Recurring financial charges | 65 | €209 | €85 | -€124 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €124,179 | €193,111 | +€68,932 | +55.5% |
| Income taxes | 67/77 | €26,336 | €43,617 | +€17,281 | +65.6% |
| Profit (loss) for the period | 9904 | €97,842 | €149,494 | +€51,652 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,842 | €149,494 | +€51,652 | +52.8% |
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 19 October 2026 via checked.be.