MARIO RINGOOT: what changed
Two fiscal 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.
MARIO RINGOOT
Largest movements
- Tangible fixed assets -€29,945
down €29,945 (-45.5%), from €65,863 to €35,918
of which Furniture and vehicles: -€17,677
- Cash -€11,199
down €11,199 (-16.5%), from €67,951 to €56,752
mainly Net result for the year (-€15,898) and Debts after one year (-€13,621)
- Receivables within one year -€10,437
down €10,437 (-23.2%), from €44,982 to €34,545
of which Other amounts receivable: -€6,512
- Deferred charges and accrued income -€6,798
down €6,798 (-44.4%), from €15,294 to €8,497
- Profit (loss) carried forward -€15,898
down €15,898, from €0 to -€15,898
- Debts after one year -€13,621
down €13,621 (-73.9%), from €18,424 to €4,803
- Other debts -€11,722
down €11,722 (-82.2%), from €14,253 to €2,531
- Current portion of long-term debt -€8,913
down €8,913 (-39.6%), from €22,534 to €13,621
- Reserves -€8,588
down €8,588 (-9.4%), from €90,991 to €82,403
- Gross operating margin -€27,991
down €27,991 (-57.2%), from €48,916 to €20,924
- Other operating charges -€3,342
down €3,342 (-79.4%), from €4,208 to €866
- Taxes -€3,129
down €3,129 (-89.9%), from €3,481 to €352
- Depreciation -€2,822
down €2,822 (-8.5%), from €33,179 to €30,357
- Financial charges +€1,741
up €1,741 (+49.5%), from €3,515 to €5,256
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.
Cash bridge derived
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 | €201,590 | €143,211 | -€58,378 | -29.0% |
| Fixed assets | 21/28 | €73,362 | €43,418 | -€29,945 | -40.8% |
| Tangible fixed assets | 22/27 | €65,863 | €35,918 | -€29,945 | -45.5% |
| Land and buildings | 22 | €30,932 | €20,171 | -€10,761 | -34.8% |
| Plant, machinery and equipment | 23 | €1,656 | €1,313 | -€343 | -20.7% |
| Furniture and vehicles | 24 | €32,112 | €14,434 | -€17,677 | -55.0% |
| Leasing and similar rights | 25 | €1,164 | €0 | -€1,164 | -100.0% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €128,227 | €99,794 | -€28,434 | -22.2% |
| Amounts receivable within one year | 40/41 | €44,982 | €34,545 | -€10,437 | -23.2% |
| Trade receivables | 40 | €34,303 | €30,378 | -€3,925 | -11.4% |
| Other amounts receivable | 41 | €10,679 | €4,167 | -€6,512 | -61.0% |
| Cash at bank and in hand | 54/58 | €67,951 | €56,752 | -€11,199 | -16.5% |
| Deferred charges and accrued income | 490/1 | €15,294 | €8,497 | -€6,798 | -44.4% |
| Total equity and liabilities | 10/49 | €201,590 | €143,211 | -€58,378 | -29.0% |
| Equity | 10/15 | €109,583 | €85,098 | -€24,486 | -22.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €90,991 | €82,403 | -€8,588 | -9.4% |
| Distributable reserves | 133 | €90,991 | €82,403 | -€8,588 | -9.4% |
| Profit (loss) carried forward | 14 | €0 | -€15,898 | -€15,898 | |
| Amounts payable | 17/49 | €92,006 | €58,114 | -€33,893 | -36.8% |
| Amounts payable after more than one year | 17 | €18,424 | €4,803 | -€13,621 | -73.9% |
| Financial debts | 170/4 | €18,424 | €4,803 | -€13,621 | -73.9% |
| Amounts payable within one year | 42/48 | €68,696 | €47,433 | -€21,263 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €22,534 | €13,621 | -€8,913 | -39.6% |
| Trade debts | 44 | €20,527 | €25,641 | +€5,114 | +24.9% |
| Suppliers | 440/4 | €20,527 | €25,641 | +€5,114 | +24.9% |
| Taxes, remuneration and social security | 45 | €11,383 | €5,640 | -€5,742 | -50.4% |
| Taxes | 450/3 | €7,033 | €1,290 | -€5,742 | -81.7% |
| Remuneration and social security | 454/9 | €4,350 | €4,350 | = | 0.0% |
| Other amounts payable | 47/48 | €14,253 | €2,531 | -€11,722 | -82.2% |
| Accrued charges and deferred income | 492/3 | €4,886 | €5,877 | +€991 | +20.3% |
| Non-recurring operating income | 76A | €9,008 | €0 | -€9,008 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,179 | €30,357 | -€2,822 | -8.5% |
| Other operating charges | 640/8 | €4,208 | €866 | -€3,342 | -79.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €48,916 | €20,924 | -€27,991 | -57.2% |
| Operating profit (loss) | 9901 | €11,529 | -€10,298 | -€21,828 | |
| Financial income | 75/76B | €13 | €9 | -€4 | -31.2% |
| Recurring financial income | 75 | €13 | €9 | -€4 | -31.2% |
| Financial charges | 65/66B | €3,515 | €5,256 | +€1,741 | +49.5% |
| Recurring financial charges | 65 | €3,515 | €5,256 | +€1,741 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €8,027 | -€15,546 | -€23,573 | |
| Income taxes | 67/77 | €3,481 | €352 | -€3,129 | -89.9% |
| Profit (loss) for the period | 9904 | €4,546 | -€15,898 | -€20,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,546 | -€15,898 | -€20,444 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.