PETER ROMBAUT: 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.
PETER ROMBAUT
Largest movements
- Receivables within one year -€2,472
down €2,472 (-11.5%), from €21,400 to €18,929
of which Other amounts receivable: -€4,272
- Tangible fixed assets -€1,168
down €1,168 (-1.5%), from €76,917 to €75,749
of which Furniture and vehicles: -€2,579
- Trade debts -€10,424
down €10,424 (-72.7%), from €14,335 to €3,911
- Reserves +€7,000
up €7,000 (+23.8%), from €29,400 to €36,400
- Debts after one year -€5,512
down €5,512 (-11.9%), from €46,406 to €40,894
- Tax, wage and social debts +€3,034
up €3,034 (+93.7%), from €3,240 to €6,274
- Gross operating margin -€7,386
down €7,386 (-28.0%), from €26,380 to €18,994
- Taxes -€2,222
down €2,222 (-35.6%), from €6,240 to €4,017
- Depreciation +€900
up €900 (+21.1%), from €4,267 to €5,167
- Other operating charges -€850
down €850 (-58.7%), from €1,447 to €597
- Financial charges -€427
down €427 (-16.4%), from €2,611 to €2,184
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 | €107,273 | €101,951 | -€5,323 | -5.0% |
| Fixed assets | 21/28 | €76,917 | €75,749 | -€1,168 | -1.5% |
| Tangible fixed assets | 22/27 | €76,917 | €75,749 | -€1,168 | -1.5% |
| Land and buildings | 22 | €69,978 | €67,872 | -€2,106 | -3.0% |
| Plant, machinery and equipment | 23 | €1,085 | €4,602 | +€3,518 | +324.2% |
| Furniture and vehicles | 24 | €5,854 | €3,275 | -€2,579 | -44.1% |
| Current assets | 29/58 | €30,356 | €26,201 | -€4,155 | -13.7% |
| Amounts receivable within one year | 40/41 | €21,400 | €18,929 | -€2,472 | -11.5% |
| Trade receivables | 40 | €17,129 | €18,929 | +€1,800 | +10.5% |
| Other amounts receivable | 41 | €4,272 | - | -€4,272 | |
| Cash at bank and in hand | 54/58 | €7,926 | €6,968 | -€958 | -12.1% |
| Deferred charges and accrued income | 490/1 | €1,030 | €305 | -€726 | -70.4% |
| Total equity and liabilities | 10/49 | €107,273 | €101,951 | -€5,323 | -5.0% |
| Equity | 10/15 | €37,493 | €44,522 | +€7,029 | +18.7% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €29,400 | €36,400 | +€7,000 | +23.8% |
| Distributable reserves | 133 | €29,400 | €36,400 | +€7,000 | +23.8% |
| Profit (loss) carried forward | 14 | €36 | €65 | +€29 | +81.3% |
| Amounts payable | 17/49 | €69,781 | €57,429 | -€12,352 | -17.7% |
| Amounts payable after more than one year | 17 | €46,406 | €40,894 | -€5,512 | -11.9% |
| Financial debts | 170/4 | €46,406 | €40,894 | -€5,512 | -11.9% |
| Amounts payable within one year | 42/48 | €23,375 | €16,135 | -€7,240 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €5,283 | €5,512 | +€229 | +4.3% |
| Trade debts | 44 | €14,335 | €3,911 | -€10,424 | -72.7% |
| Suppliers | 440/4 | €14,335 | €3,911 | -€10,424 | -72.7% |
| Taxes, remuneration and social security | 45 | €3,240 | €6,274 | +€3,034 | +93.7% |
| Taxes | 450/3 | €3,240 | €6,274 | +€3,034 | +93.7% |
| Other amounts payable | 47/48 | €517 | €438 | -€79 | -15.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,267 | €5,167 | +€900 | +21.1% |
| Other operating charges | 640/8 | €1,447 | €597 | -€850 | -58.7% |
| Gross operating margin | 9900 | €26,380 | €18,994 | -€7,386 | -28.0% |
| Operating profit (loss) | 9901 | €20,665 | €13,230 | -€7,435 | -36.0% |
| Financial income | 75/76B | €103 | €1 | -€102 | -99.5% |
| Recurring financial income | 75 | €103 | €1 | -€102 | -99.5% |
| Financial charges | 65/66B | €2,611 | €2,184 | -€427 | -16.4% |
| Recurring financial charges | 65 | €2,611 | €2,184 | -€427 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €18,157 | €11,046 | -€7,110 | -39.2% |
| Income taxes | 67/77 | €6,240 | €4,017 | -€2,222 | -35.6% |
| Profit (loss) for the period | 9904 | €11,917 | €7,029 | -€4,888 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,917 | €7,029 | -€4,888 | -41.0% |
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 9 October 2026 via checked.be.