Robin Meynendonckx: 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.
Robin Meynendonckx
Largest movements
- Receivables within one year +€7,730
new in 2025: €7,730
- Cash -€7,066
down €7,066 (-35.9%), from €19,685 to €12,619
mainly Receivables within one year (-€7,730) and Trade debts (-€6,499)
- Tangible fixed assets -€5,000
down €5,000 (-85.7%), from €5,833 to €833
- Trade debts -€6,499
down €6,499 (-95.9%), from €6,776 to €277
- Other debts +€2,069
up €2,069 (+170.7%), from €1,212 to €3,282
- Profit (loss) carried forward +€371
up €371 (+4.0%), from €9,353 to €9,724
- Tax, wage and social debts -€276
down €276 (-10.3%), from €2,676 to €2,400
- Gross operating margin -€13,591
down €13,591 (-73.5%), from €18,501 to €4,910
- Financial income +€2,421
new in 2025: €2,421
of which Non-recurring financial income: +€2,420
- Taxes -€2,233
down €2,233 (-70.3%), from €3,176 to €944
- Depreciation +€833
up €833 (+20.0%), from €4,167 to €5,000
- Other operating charges -€298
down €298 (-24.1%), from €1,239 to €941
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 | €25,518 | €21,182 | -€4,336 | -17.0% |
| Fixed assets | 21/28 | €5,833 | €833 | -€5,000 | -85.7% |
| Tangible fixed assets | 22/27 | €5,833 | €833 | -€5,000 | -85.7% |
| Furniture and vehicles | 24 | €5,833 | €833 | -€5,000 | -85.7% |
| Current assets | 29/58 | €19,685 | €20,349 | +€664 | +3.4% |
| Amounts receivable within one year | 40/41 | - | €7,730 | +€7,730 | |
| Trade receivables | 40 | - | €7,730 | +€7,730 | |
| Cash at bank and in hand | 54/58 | €19,685 | €12,619 | -€7,066 | -35.9% |
| Total equity and liabilities | 10/49 | €25,518 | €21,182 | -€4,336 | -17.0% |
| Equity | 10/15 | €14,853 | €15,224 | +€371 | +2.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,353 | €9,724 | +€371 | +4.0% |
| Amounts payable | 17/49 | €10,665 | €5,958 | -€4,706 | -44.1% |
| Amounts payable within one year | 42/48 | €10,665 | €5,958 | -€4,706 | -44.1% |
| Trade debts | 44 | €6,776 | €277 | -€6,499 | -95.9% |
| Suppliers | 440/4 | €6,776 | €277 | -€6,499 | -95.9% |
| Taxes, remuneration and social security | 45 | €2,676 | €2,400 | -€276 | -10.3% |
| Taxes | 450/3 | €2,676 | €2,400 | -€276 | -10.3% |
| Other amounts payable | 47/48 | €1,212 | €3,282 | +€2,069 | +170.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,167 | €5,000 | +€833 | +20.0% |
| Other operating charges | 640/8 | €1,239 | €941 | -€298 | -24.1% |
| Gross operating margin | 9900 | €18,501 | €4,910 | -€13,591 | -73.5% |
| Operating profit (loss) | 9901 | €13,095 | -€1,032 | -€14,126 | |
| Financial income | 75/76B | - | €2,421 | +€2,421 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Non-recurring financial income | 76B | - | €2,420 | +€2,420 | |
| Financial charges | 65/66B | €65 | €75 | +€10 | +15.0% |
| Recurring financial charges | 65 | €65 | €75 | +€10 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €13,029 | €1,314 | -€11,715 | -89.9% |
| Income taxes | 67/77 | €3,176 | €944 | -€2,233 | -70.3% |
| Profit (loss) for the period | 9904 | €9,853 | €371 | -€9,483 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,853 | €371 | -€9,483 | -96.2% |
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 10 October 2026 via checked.be.