PETER RYMENANTS Advisory: 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 RYMENANTS Advisory
Largest movements
- Current investments +€600,000
new in 2025: €600,000
- Financial fixed assets -€357,750
no longer reported in 2025 (was €357,750)
- Tangible fixed assets +€207,745
up €207,745 (+30.7%), from €675,974 to €883,719
of which Land and buildings: +€220,201
- Receivables within one year +€109,035
up €109,035 (+95.0%), from €114,749 to €223,784
of which Other amounts receivable: +€104,531
- Receivables after one year -€36,000
no longer reported in 2025 (was €36,000)
- Profit (loss) carried forward +€886,993
up €886,993 (+639%), from €138,910 to €1.0m
- Current portion of long-term debt -€263,003
down €263,003 (-86.8%), from €303,105 to €40,101
- Debts after one year -€40,101
down €40,101 (-11.6%), from €345,121 to €305,019
- Short-term financial debts -€32,000
no longer reported in 2025 (was €32,000)
- Other debts +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Financial income +€893,580
up €893,580 (+2,255%), from €39,629 to €933,209
- Depreciation -€42,378
down €42,378 (-55.7%), from €76,096 to €33,718
- Financial charges +€12,615
up €12,615 (+103%), from €12,292 to €24,907
- Other operating charges +€10,227
new in 2025: €10,227
- Taxes +€9,982
up €9,982 (+130%), from €7,652 to €17,635
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 | €1,252,567 | €1,823,509 | +€570,942 | +45.6% |
| Fixed assets | 21/28 | €1,033,724 | €883,719 | -€150,005 | -14.5% |
| Tangible fixed assets | 22/27 | €675,974 | €883,719 | +€207,745 | +30.7% |
| Land and buildings | 22 | €644,368 | €864,569 | +€220,201 | +34.2% |
| Plant, machinery and equipment | 23 | €504 | - | -€504 | |
| Furniture and vehicles | 24 | €31,102 | €19,150 | -€11,951 | -38.4% |
| Financial fixed assets | 28 | €357,750 | - | -€357,750 | |
| Current assets | 29/58 | €218,843 | €939,789 | +€720,947 | +329% |
| Amounts receivable after more than one year | 29 | €36,000 | - | -€36,000 | |
| Other amounts receivable | 291 | €36,000 | - | -€36,000 | |
| Amounts receivable within one year | 40/41 | €114,749 | €223,784 | +€109,035 | +95.0% |
| Trade receivables | 40 | €13,641 | €18,145 | +€4,503 | +33.0% |
| Other amounts receivable | 41 | €101,108 | €205,639 | +€104,531 | +103% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €24,131 | €59,443 | +€35,312 | +146% |
| Deferred charges and accrued income | 490/1 | €43,963 | €56,563 | +€12,600 | +28.7% |
| Total equity and liabilities | 10/49 | €1,252,567 | €1,823,509 | +€570,942 | +45.6% |
| Equity | 10/15 | €421,967 | €1,301,837 | +€879,871 | +209% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €270,657 | €263,535 | -€7,122 | -2.6% |
| Tax-exempt reserves | 132 | €268,797 | €261,675 | -€7,122 | -2.6% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,910 | €1,025,903 | +€886,993 | +639% |
| Provisions and deferred taxes | 16 | €82,823 | €78,832 | -€3,991 | -4.8% |
| Deferred taxes | 168 | €82,823 | €78,832 | -€3,991 | -4.8% |
| Amounts payable | 17/49 | €747,777 | €442,839 | -€304,938 | -40.8% |
| Amounts payable after more than one year | 17 | €345,121 | €305,019 | -€40,101 | -11.6% |
| Financial debts | 170/4 | €345,121 | €305,019 | -€40,101 | -11.6% |
| Amounts payable within one year | 42/48 | €402,656 | €137,820 | -€264,836 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €303,105 | €40,101 | -€263,003 | -86.8% |
| Financial debts | 43 | €32,000 | - | -€32,000 | |
| Credit institutions | 430/8 | €32,000 | - | -€32,000 | |
| Trade debts | 44 | €7,592 | €7,187 | -€405 | -5.3% |
| Suppliers | 440/4 | €7,592 | €7,187 | -€405 | -5.3% |
| Taxes, remuneration and social security | 45 | €19,960 | €30,532 | +€10,572 | +53.0% |
| Taxes | 450/3 | €19,960 | €30,532 | +€10,572 | +53.0% |
| Other amounts payable | 47/48 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,096 | €33,718 | -€42,378 | -55.7% |
| Other operating charges | 640/8 | - | €10,227 | +€10,227 | |
| Gross operating margin | 9900 | €91,583 | €89,157 | -€2,425 | -2.6% |
| Operating profit (loss) | 9901 | €15,486 | €45,212 | +€29,726 | +192% |
| Financial income | 75/76B | €39,629 | €933,209 | +€893,580 | +2,255% |
| Recurring financial income | 75 | €39,629 | €933,209 | +€893,580 | +2,255% |
| Financial charges | 65/66B | €12,292 | €24,907 | +€12,615 | +103% |
| Recurring financial charges | 65 | €12,292 | €24,907 | +€12,615 | +103% |
| Profit (loss) for the period before taxes | 9903 | €42,823 | €953,514 | +€910,691 | +2,127% |
| Transfer from deferred taxes | 780 | €3,991 | €3,991 | = | 0.0% |
| Income taxes | 67/77 | €7,652 | €17,635 | +€9,982 | +130% |
| Profit (loss) for the period | 9904 | €39,162 | €939,871 | +€900,708 | +2,300% |
| Transfer from tax-exempt reserves | 789 | €7,122 | €7,122 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,284 | €946,993 | +€900,708 | +1,946% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.