RONNY GEUNES: what changed
RONNY GEUNES
Largest movements
- Tangible fixed assets +€34,522
up €34,522 (+31.2%), from €110,507 to €145,029
- Cash -€7,794
down €7,794 (-22.9%), from €34,061 to €26,268
mainly Investment in fixed assets (net) (-€56,000) and Net result for the year (-€33,682)
- Receivables within one year +€7,477
up €7,477 (+46.8%), from €15,975 to €23,452
of which Other amounts receivable: +€5,909
- Stocks and contracts -€2,750
down €2,750 (-22.0%), from €12,500 to €9,750
- Other debts +€56,567
up €56,567 (+736%), from €7,687 to €64,254
- Profit (loss) carried forward -€33,682
down €33,682 (-127%), from -€26,511 to -€60,194
- Debts after one year -€24,309
down €24,309 (-74.9%), from €32,442 to €8,132
- Current portion of long-term debt +€17,313
up €17,313 (+247%), from €6,996 to €24,309
- Tax, wage and social debts +€16,457
up €16,457 (+80.4%), from €20,471 to €36,928
of which Remuneration and social security: +€18,217
- Other operating charges -€13,610
down €13,610 (-85.7%), from €15,883 to €2,273
- Depreciation +€7,467
up €7,467 (+53.3%), from €14,011 to €21,478
- Gross operating margin +€3,046
up €3,046 (+42.2%), from -€7,226 to -€4,180
- Financial charges +€1,165
up €1,165 (+25.4%), from €4,586 to €5,750
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,801 | €231,406 | +€30,606 | +15.2% |
| Fixed assets | 21/28 | €111,895 | €146,417 | +€34,522 | +30.9% |
| Tangible fixed assets | 22/27 | €110,507 | €145,029 | +€34,522 | +31.2% |
| Furniture and vehicles | 24 | €110,507 | €145,029 | +€34,522 | +31.2% |
| Financial fixed assets | 28 | €1,388 | €1,388 | = | 0.0% |
| Current assets | 29/58 | €88,906 | €84,990 | -€3,916 | -4.4% |
| Amounts receivable after more than one year | 29 | €25,520 | €25,520 | = | 0.0% |
| Other amounts receivable | 291 | €25,520 | €25,520 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,500 | €9,750 | -€2,750 | -22.0% |
| Stocks | 30/36 | €12,500 | €9,750 | -€2,750 | -22.0% |
| Amounts receivable within one year | 40/41 | €15,975 | €23,452 | +€7,477 | +46.8% |
| Trade receivables | 40 | €5,303 | €6,872 | +€1,569 | +29.6% |
| Other amounts receivable | 41 | €10,672 | €16,581 | +€5,909 | +55.4% |
| Cash at bank and in hand | 54/58 | €34,061 | €26,268 | -€7,794 | -22.9% |
| Deferred charges and accrued income | 490/1 | €850 | €0 | -€850 | -100% |
| Total equity and liabilities | 10/49 | €200,801 | €231,406 | +€30,606 | +15.2% |
| Equity | 10/15 | €130,421 | €96,739 | -€33,682 | -25.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €146,932 | €146,932 | = | 0.0% |
| Distributable reserves | 133 | €146,932 | €146,932 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,511 | -€60,194 | -€33,682 | -127% |
| Amounts payable | 17/49 | €70,380 | €134,668 | +€64,288 | +91.3% |
| Amounts payable after more than one year | 17 | €32,442 | €8,132 | -€24,309 | -74.9% |
| Financial debts | 170/4 | €32,442 | €8,132 | -€24,309 | -74.9% |
| Amounts payable within one year | 42/48 | €37,938 | €126,535 | +€88,597 | +234% |
| Current portion of amounts payable after more than one year | 42 | €6,996 | €24,309 | +€17,313 | +247% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,784 | €1,044 | -€1,740 | -62.5% |
| Suppliers | 440/4 | €2,784 | €1,044 | -€1,740 | -62.5% |
| Taxes, remuneration and social security | 45 | €20,471 | €36,928 | +€16,457 | +80.4% |
| Taxes | 450/3 | €18,570 | €16,810 | -€1,760 | -9.5% |
| Remuneration and social security | 454/9 | €1,901 | €20,118 | +€18,217 | +958% |
| Other amounts payable | 47/48 | €7,687 | €64,254 | +€56,567 | +736% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,011 | €21,478 | +€7,467 | +53.3% |
| Other operating charges | 640/8 | €15,883 | €2,273 | -€13,610 | -85.7% |
| Gross operating margin | 9900 | -€7,226 | -€4,180 | +€3,046 | +42.2% |
| Operating profit (loss) | 9901 | -€37,121 | -€27,932 | +€9,189 | +24.8% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €4,586 | €5,750 | +€1,165 | +25.4% |
| Recurring financial charges | 65 | €4,586 | €5,750 | +€1,165 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,694 | -€33,682 | +€8,012 | +19.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€41,694 | -€33,682 | +€8,012 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,694 | -€33,682 | +€8,012 | +19.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.