Romain HERREGODTS: 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.
Romain HERREGODTS
Largest movements
- Cash +€4,050
up €4,050 (+6.2%), from €65,428 to €69,478
mainly Net result for the year (+€8,055) and Depreciation (+€4,118)
- Intangible fixed assets -€2,521
down €2,521 (-30.1%), from €8,370 to €5,848
- Tangible fixed assets +€1,739
up €1,739 (+57.0%), from €3,054 to €4,793
of which Furniture and vehicles: +€3,384
- Profit (loss) carried forward +€8,055
up €8,055 (+32.4%), from -€24,883 to -€16,828
- Other debts -€3,541
down €3,541 (-7.8%), from €45,125 to €41,584
- Gross operating margin +€5,792
up €5,792 (+79.2%), from €7,311 to €13,103
- Financial income -€157
down €157 (-100.0%), from €157 to €0
of which Non-recurring financial income: -€157
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 | €77,685 | €81,578 | +€3,893 | +5.0% |
| Fixed assets | 21/28 | €11,423 | €10,641 | -€782 | -6.8% |
| Intangible fixed assets | 21 | €8,370 | €5,848 | -€2,521 | -30.1% |
| Tangible fixed assets | 22/27 | €3,054 | €4,793 | +€1,739 | +57.0% |
| Plant, machinery and equipment | 23 | €3,054 | €1,409 | -€1,645 | -53.9% |
| Furniture and vehicles | 24 | - | €3,384 | +€3,384 | |
| Current assets | 29/58 | €66,261 | €70,937 | +€4,676 | +7.1% |
| Cash at bank and in hand | 54/58 | €65,428 | €69,478 | +€4,050 | +6.2% |
| Deferred charges and accrued income | 490/1 | €834 | €1,459 | +€626 | +75.1% |
| Total equity and liabilities | 10/49 | €77,685 | €81,578 | +€3,893 | +5.0% |
| Equity | 10/15 | €31,809 | €39,864 | +€8,055 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,092 | €38,092 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,860 | €1,860 | -€20,000 | -91.5% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €20,000 | - | -€20,000 | |
| Distributable reserves | 133 | €16,232 | €36,232 | +€20,000 | +123% |
| Profit (loss) carried forward | 14 | -€24,883 | -€16,828 | +€8,055 | +32.4% |
| Amounts payable | 17/49 | €45,876 | €41,714 | -€4,162 | -9.1% |
| Amounts payable within one year | 42/48 | €45,876 | €41,714 | -€4,162 | -9.1% |
| Financial debts | 43 | €197 | - | -€197 | |
| Credit institutions | 430/8 | €197 | - | -€197 | |
| Trade debts | 44 | €554 | €130 | -€424 | -76.6% |
| Suppliers | 440/4 | €554 | €130 | -€424 | -76.6% |
| Other amounts payable | 47/48 | €45,125 | €41,584 | -€3,541 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,138 | €4,118 | -€20 | -0.5% |
| Other operating charges | 640/8 | €513 | €596 | +€82 | +16.0% |
| Non-recurring operating charges | 66A | €350 | - | -€350 | |
| Gross operating margin | 9900 | €7,311 | €13,103 | +€5,792 | +79.2% |
| Operating profit (loss) | 9901 | €2,309 | €8,390 | +€6,080 | +263% |
| Financial income | 75/76B | €157 | €0 | -€157 | -100.0% |
| Recurring financial income | 75 | €157 | €0 | -€157 | -100.0% |
| Non-recurring financial income | 76B | €157 | - | -€157 | |
| Financial charges | 65/66B | €262 | €334 | +€73 | +27.8% |
| Recurring financial charges | 65 | €262 | €334 | +€73 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €2,204 | €8,055 | +€5,851 | +265% |
| Profit (loss) for the period | 9904 | €2,204 | €8,055 | +€5,851 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €2,204 | €8,055 | +€5,851 | +265% |
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 28 October 2026 via checked.be.