RONNY ECKER: what changed
Two fiscal 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 ECKER
Largest movements
- Tangible fixed assets -€27,795
down €27,795 (-24.9%), from €111,500 to €83,705
of which Furniture and vehicles: -€25,143
- Cash +€11,007
up €11,007 (+22.9%), from €48,060 to €59,067
mainly Depreciation (+€29,640) and Net result for the year (+€9,118)
- Receivables within one year +€9,790
up €9,790 (+928.7%), from €1,054 to €10,844
of which Other amounts receivable: +€10,467
- Debts after one year -€17,371
down €17,371 (-38.7%), from €44,868 to €27,497
- Reserves +€9,000
up €9,000 (+29.4%), from €30,610 to €39,610
of which Distributable reserves: +€27,750
- Tax, wage and social debts +€2,800
up €2,800 (+58.9%), from €4,755 to €7,555
- Other debts -€2,206
no longer reported in 2025 (was €2,206)
- Gross operating margin +€15,755
up €15,755 (+43.3%), from €36,417 to €52,172
- Taxes +€1,336
up €1,336 (+17.4%), from €7,671 to €9,007
- Depreciation +€987
up €987 (+3.4%), from €28,653 to €29,640
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 | €161,792 | €153,617 | -€8,175 | -5.1% |
| Fixed assets | 21/28 | €111,500 | €83,705 | -€27,795 | -24.9% |
| Tangible fixed assets | 22/27 | €111,500 | €83,705 | -€27,795 | -24.9% |
| Land and buildings | 22 | €19,092 | €16,439 | -€2,652 | -13.9% |
| Furniture and vehicles | 24 | €92,408 | €67,266 | -€25,143 | -27.2% |
| Current assets | 29/58 | €50,292 | €69,912 | +€19,620 | +39.0% |
| Amounts receivable within one year | 40/41 | €1,054 | €10,844 | +€9,790 | +928.7% |
| Trade receivables | 40 | €677 | - | -€677 | |
| Other amounts receivable | 41 | €377 | €10,844 | +€10,467 | +2778.2% |
| Cash at bank and in hand | 54/58 | €48,060 | €59,067 | +€11,007 | +22.9% |
| Deferred charges and accrued income | 490/1 | €1,177 | - | -€1,177 | |
| Total equity and liabilities | 10/49 | €161,792 | €153,617 | -€8,175 | -5.1% |
| Equity | 10/15 | €88,594 | €97,711 | +€9,118 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,610 | €39,610 | +€9,000 | +29.4% |
| Tax-exempt reserves | 132 | €18,750 | - | -€18,750 | |
| Distributable reserves | 133 | €11,860 | €39,610 | +€27,750 | +234.0% |
| Profit (loss) carried forward | 14 | €51,784 | €51,901 | +€118 | +0.2% |
| Amounts payable | 17/49 | €73,198 | €55,905 | -€17,293 | -23.6% |
| Amounts payable after more than one year | 17 | €44,868 | €27,497 | -€17,371 | -38.7% |
| Financial debts | 170/4 | €44,868 | €27,497 | -€17,371 | -38.7% |
| Amounts payable within one year | 42/48 | €26,125 | €25,780 | -€345 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €17,969 | €17,371 | -€598 | -3.3% |
| Trade debts | 44 | €1,195 | €854 | -€341 | -28.5% |
| Suppliers | 440/4 | €1,195 | €854 | -€341 | -28.5% |
| Taxes, remuneration and social security | 45 | €4,755 | €7,555 | +€2,800 | +58.9% |
| Taxes | 450/3 | €4,755 | €7,555 | +€2,800 | +58.9% |
| Other amounts payable | 47/48 | €2,206 | - | -€2,206 | |
| Accrued charges and deferred income | 492/3 | €2,205 | €2,628 | +€423 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,653 | €29,640 | +€987 | +3.4% |
| Other operating charges | 640/8 | €1,690 | €2,048 | +€358 | +21.2% |
| Gross operating margin | 9900 | €36,417 | €52,172 | +€15,755 | +43.3% |
| Operating profit (loss) | 9901 | €6,074 | €20,484 | +€14,410 | +237.2% |
| Financial income | 75/76B | - | €309 | +€309 | |
| Recurring financial income | 75 | - | €309 | +€309 | |
| Financial charges | 65/66B | €2,317 | €2,668 | +€352 | +15.2% |
| Recurring financial charges | 65 | €2,317 | €2,668 | +€352 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €3,758 | €18,125 | +€14,367 | +382.4% |
| Income taxes | 67/77 | €7,671 | €9,007 | +€1,336 | +17.4% |
| Profit (loss) for the period | 9904 | -€3,914 | €9,118 | +€13,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,914 | €9,118 | +€13,032 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.