LUC ROEMENDAEL: 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.
LUC ROEMENDAEL
Largest movements
- Receivables within one year -€1,000
no longer reported in 2026 (was €1,000)
- Cash +€891
up €891 (+3,007%), from €30 to €921
mainly Net result for the year (+€9,206) and Receivables within one year (+€1,000)
- Debts after one year -€10,194
down €10,194 (-84.7%), from €12,033 to €1,839
- Profit (loss) carried forward +€9,206
up €9,206 (+24.4%), from -€37,708 to -€28,502
- Trade debts +€937
up €937 (+26.4%), from €3,544 to €4,481
- Accrued charges and deferred income -€58
down €58 (-6.3%), from €908 to €850
- Gross operating margin +€5,828
up €5,828 (+169%), from €3,438 to €9,266
- Turnover +€4,465
up €4,465 (+68.3%), from €6,535 to €11,000
- Purchases and services -€1,363
down €1,363 (-44.0%), from €3,097 to €1,734
- Other operating charges -€409
no longer reported in 2026 (was €409)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,030 | €921 | -€109 | -10.6% |
| Current assets | 29/58 | €1,030 | €921 | -€109 | -10.6% |
| Amounts receivable within one year | 40/41 | €1,000 | - | -€1,000 | |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €30 | €921 | +€891 | +3,007% |
| Total equity and liabilities | 10/49 | €1,030 | €921 | -€109 | -10.6% |
| Equity | 10/15 | -€17,256 | -€8,051 | +€9,205 | +53.3% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Capital | 10 | €18,592 | €18,592 | -€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€37,708 | -€28,502 | +€9,206 | +24.4% |
| Amounts payable | 17/49 | €18,286 | €8,972 | -€9,314 | -50.9% |
| Amounts payable after more than one year | 17 | €12,033 | €1,839 | -€10,194 | -84.7% |
| Financial debts | 170/4 | €12,033 | €1,839 | -€10,194 | -84.7% |
| Amounts payable within one year | 42/48 | €5,346 | €6,283 | +€937 | +17.5% |
| Trade debts | 44 | €3,544 | €4,481 | +€937 | +26.4% |
| Suppliers | 440/4 | €3,544 | €4,481 | +€937 | +26.4% |
| Other amounts payable | 47/48 | €1,802 | €1,802 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €908 | €850 | -€58 | -6.3% |
| Turnover | 70 | €6,535 | €11,000 | +€4,465 | +68.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,097 | €1,734 | -€1,363 | -44.0% |
| Other operating charges | 640/8 | €409 | - | -€409 | |
| Gross operating margin | 9900 | €3,438 | €9,266 | +€5,828 | +169% |
| Operating profit (loss) | 9901 | €3,030 | €9,266 | +€6,237 | +206% |
| Financial charges | 65/66B | €39 | €60 | +€22 | +55.8% |
| Recurring financial charges | 65 | €39 | €60 | +€22 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €2,991 | €9,206 | +€6,215 | +208% |
| Profit (loss) for the period | 9904 | €2,991 | €9,206 | +€6,215 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €2,991 | €9,206 | +€6,215 | +208% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.