Kamiel Ranst: 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.
Kamiel Ranst
Largest movements
- Cash -€2,445
down €2,445 (-25.4%), from €9,637 to €7,192
mainly Net result for the year (-€2,662) and Tax, wage and social debts (-€898)
- Receivables within one year -€195
down €195 (-29.8%), from €655 to €460
of which Trade receivables: -€348
- Profit (loss) carried forward -€2,662
down €2,662 (-9.3%), from -€28,527 to -€31,188
- Tax, wage and social debts -€898
down €898 (-100%), from €898 to €0
- Trade debts +€512
up €512, from €0 to €512
- Accrued charges and deferred income +€408
new in 2025: €408
- Gross operating margin -€3,795
down €3,795, from €1,671 to -€2,124
- Financial charges -€31
down €31 (-6.9%), from €449 to €418
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 | €10,292 | €7,652 | -€2,640 | -25.7% |
| Current assets | 29/58 | €10,292 | €7,652 | -€2,640 | -25.7% |
| Amounts receivable within one year | 40/41 | €655 | €460 | -€195 | -29.8% |
| Trade receivables | 40 | €655 | €307 | -€348 | -53.1% |
| Other amounts receivable | 41 | €0 | €152 | +€152 | |
| Cash at bank and in hand | 54/58 | €9,637 | €7,192 | -€2,445 | -25.4% |
| Total equity and liabilities | 10/49 | €10,292 | €7,652 | -€2,640 | -25.7% |
| Equity | 10/15 | -€23,527 | -€26,188 | -€2,662 | -11.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,527 | -€31,188 | -€2,662 | -9.3% |
| Amounts payable | 17/49 | €33,819 | €33,840 | +€21 | +0.1% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,819 | €13,433 | -€386 | -2.8% |
| Trade debts | 44 | €0 | €512 | +€512 | |
| Suppliers | 440/4 | €0 | €512 | +€512 | |
| Taxes, remuneration and social security | 45 | €898 | €0 | -€898 | -100% |
| Taxes | 450/3 | €898 | €0 | -€898 | -100% |
| Other amounts payable | 47/48 | €12,921 | €12,921 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €1,671 | -€2,124 | -€3,795 | |
| Operating profit (loss) | 9901 | €1,553 | -€2,244 | -€3,797 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -70.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -70.0% |
| Financial charges | 65/66B | €449 | €418 | -€31 | -6.9% |
| Recurring financial charges | 65 | €449 | €418 | -€31 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,105 | -€2,662 | -€3,767 | |
| Profit (loss) for the period | 9904 | €1,105 | -€2,662 | -€3,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,105 | -€2,662 | -€3,767 |
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 20 October 2026 via checked.be.