RONNY CEUSTERS ADVOCAAT: 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.
RONNY CEUSTERS ADVOCAAT
Largest movements
- Receivables within one year +€112,471
up €112,471 (+52.2%), from €215,317 to €327,788
of which Other amounts receivable: +€119,227
- Tangible fixed assets -€5,153
down €5,153 (-62.9%), from €8,192 to €3,039
of which Other tangible fixed assets: -€6,251
- Reserves +€102,654
up €102,654 (+116%), from €88,642 to €191,296
- Tax, wage and social debts +€4,087
up €4,087 (+9.5%), from €43,052 to €47,139
- Gross operating margin +€13,852
up €13,852 (+11.2%), from €123,682 to €137,534
- Financial income +€4,802
up €4,802 (+68.4%), from €7,016 to €11,819
- Taxes +€4,368
up €4,368 (+11.6%), from €37,614 to €41,982
- Depreciation -€1,966
down €1,966 (-66.9%), from €2,938 to €972
- Other operating charges +€1,393
up €1,393 (+79.5%), from €1,753 to €3,146
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 | €234,752 | €344,770 | +€110,018 | +46.9% |
| Fixed assets | 21/28 | €8,192 | €3,039 | -€5,153 | -62.9% |
| Tangible fixed assets | 22/27 | €8,192 | €3,039 | -€5,153 | -62.9% |
| Plant, machinery and equipment | 23 | €1,941 | €2,189 | +€247 | +12.7% |
| Furniture and vehicles | 24 | €0 | €851 | +€851 | |
| Other tangible fixed assets | 26 | €6,251 | €0 | -€6,251 | -100% |
| Current assets | 29/58 | €226,560 | €341,731 | +€115,171 | +50.8% |
| Amounts receivable within one year | 40/41 | €215,317 | €327,788 | +€112,471 | +52.2% |
| Trade receivables | 40 | €56,919 | €50,163 | -€6,756 | -11.9% |
| Other amounts receivable | 41 | €158,398 | €277,626 | +€119,227 | +75.3% |
| Cash at bank and in hand | 54/58 | €9,806 | €10,516 | +€709 | +7.2% |
| Deferred charges and accrued income | 490/1 | €1,436 | €3,426 | +€1,990 | +139% |
| Total equity and liabilities | 10/49 | €234,752 | €344,770 | +€110,018 | +46.9% |
| Equity | 10/15 | €187,755 | €290,410 | +€102,654 | +54.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,642 | €191,296 | +€102,654 | +116% |
| Distributable reserves | 133 | €88,642 | €191,296 | +€102,654 | +116% |
| Profit (loss) carried forward | 14 | €80,514 | €80,514 | = | 0.0% |
| Amounts payable | 17/49 | €46,997 | €54,360 | +€7,364 | +15.7% |
| Amounts payable within one year | 42/48 | €46,857 | €54,360 | +€7,504 | +16.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,804 | €7,221 | +€3,417 | +89.8% |
| Suppliers | 440/4 | €3,804 | €7,221 | +€3,417 | +89.8% |
| Taxes, remuneration and social security | 45 | €43,052 | €47,139 | +€4,087 | +9.5% |
| Taxes | 450/3 | €43,052 | €47,139 | +€4,087 | +9.5% |
| Accrued charges and deferred income | 492/3 | €140 | €0 | -€140 | -100% |
| Non-recurring operating income | 76A | - | €6,518 | +€6,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,938 | €972 | -€1,966 | -66.9% |
| Other operating charges | 640/8 | €1,753 | €3,146 | +€1,393 | +79.5% |
| Gross operating margin | 9900 | €123,682 | €137,534 | +€13,852 | +11.2% |
| Operating profit (loss) | 9901 | €118,991 | €133,416 | +€14,425 | +12.1% |
| Financial income | 75/76B | €7,016 | €11,819 | +€4,802 | +68.4% |
| Recurring financial income | 75 | €7,016 | €11,819 | +€4,802 | +68.4% |
| Financial charges | 65/66B | €1,611 | €599 | -€1,013 | -62.8% |
| Recurring financial charges | 65 | €1,611 | €599 | -€1,013 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €124,396 | €144,636 | +€20,240 | +16.3% |
| Income taxes | 67/77 | €37,614 | €41,982 | +€4,368 | +11.6% |
| Profit (loss) for the period | 9904 | €86,782 | €102,654 | +€15,872 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,782 | €102,654 | +€15,872 | +18.3% |
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 18 October 2026 via checked.be.