RUMMAR GROUP: 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.
RUMMAR GROUP
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+721.8%), from €244,549 to €2.0m
of which Land and buildings: +€1.7m
- Cash -€118,973
down €118,973 (-59.5%), from €200,000 to €81,027
mainly Investment in fixed assets (net) (-€2.0m) and Net result for the year (-€195,658)
- Receivables within one year -€24,166
down €24,166 (-22.6%), from €107,144 to €82,978
of which Trade receivables: -€16,122
- Debts after one year +€1.4m
up €1.4m (+789.4%), from €177,099 to €1.6m
- Other debts +€308,866
up €308,866 (+195.4%), from €158,068 to €466,934
- Profit (loss) carried forward -€195,658
down €195,658, from €8,946 to -€186,712
- Current portion of long-term debt +€90,213
up €90,213 (+549.4%), from €16,419 to €106,632
- Trade debts +€73,238
up €73,238 (+103.5%), from €70,748 to €143,986
- Depreciation +€258,228
up €258,228 (+2008.5%), from €12,857 to €271,085
- Financial charges +€48,052
up €48,052 (+395.2%), from €12,159 to €60,210
- Taxes -€25,654
down €25,654 (-100.0%), from €25,654 to €0
- Staff costs -€19,429
down €19,429 (-99.6%), from €19,498 to €69
- Other operating charges +€7,193
up €7,193 (+172.2%), from €4,178 to €11,370
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 | €554,015 | €2,178,610 | +€1.6m | +293.2% |
| Fixed assets | 21/28 | €244,549 | €2,009,659 | +€1.8m | +721.8% |
| Tangible fixed assets | 22/27 | €244,549 | €2,009,659 | +€1.8m | +721.8% |
| Land and buildings | 22 | €244,549 | €1,969,977 | +€1.7m | +705.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Assets under construction and advance payments | 27 | - | €39,682 | +€39,682 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €309,466 | €168,950 | -€140,516 | -45.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €107,144 | €82,978 | -€24,166 | -22.6% |
| Trade receivables | 40 | €90,303 | €74,180 | -€16,122 | -17.9% |
| Other amounts receivable | 41 | €16,842 | €8,798 | -€8,044 | -47.8% |
| Cash at bank and in hand | 54/58 | €200,000 | €81,027 | -€118,973 | -59.5% |
| Deferred charges and accrued income | 490/1 | €2,321 | €4,945 | +€2,624 | +113.0% |
| Total equity and liabilities | 10/49 | €554,015 | €2,178,610 | +€1.6m | +293.2% |
| Equity | 10/15 | €125,480 | -€120,178 | -€245,658 | |
| Contributions | 10/11 | €4,669 | €4,669 | = | 0.0% |
| Reserves | 13 | €111,864 | €61,864 | -€50,000 | -44.7% |
| Non-distributable reserves | 130/1 | €1,401 | €1,401 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,401 | €1,401 | = | 0.0% |
| Distributable reserves | 133 | €110,464 | €60,464 | -€50,000 | -45.3% |
| Profit (loss) carried forward | 14 | €8,946 | -€186,712 | -€195,658 | |
| Amounts payable | 17/49 | €428,535 | €2,298,788 | +€1.9m | +436.4% |
| Amounts payable after more than one year | 17 | €177,099 | €1,575,086 | +€1.4m | +789.4% |
| Financial debts | 170/4 | €177,099 | €1,575,086 | +€1.4m | +789.4% |
| Amounts payable within one year | 42/48 | €247,985 | €717,552 | +€469,567 | +189.4% |
| Current portion of amounts payable after more than one year | 42 | €16,419 | €106,632 | +€90,213 | +549.4% |
| Trade debts | 44 | €70,748 | €143,986 | +€73,238 | +103.5% |
| Suppliers | 440/4 | €70,748 | €143,986 | +€73,238 | +103.5% |
| Taxes, remuneration and social security | 45 | €2,751 | €0 | -€2,751 | -100.0% |
| Taxes | 450/3 | €1,343 | €0 | -€1,343 | -100.0% |
| Remuneration and social security | 454/9 | €1,408 | €0 | -€1,408 | -100.0% |
| Other amounts payable | 47/48 | €158,068 | €466,934 | +€308,866 | +195.4% |
| Accrued charges and deferred income | 492/3 | €3,451 | €6,150 | +€2,699 | +78.2% |
| Non-recurring operating income | 76A | €7,378 | €0 | -€7,378 | -100.0% |
| Remuneration, social security and pensions | 62 | €19,498 | €69 | -€19,429 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,857 | €271,085 | +€258,228 | +2008.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,178 | €11,370 | +€7,193 | +172.2% |
| Gross operating margin | 9900 | €148,449 | €147,076 | -€1,373 | -0.9% |
| Operating profit (loss) | 9901 | €111,917 | -€135,448 | -€247,365 | |
| Financial income | 75/76B | €1,021 | €0 | -€1,021 | -100.0% |
| Recurring financial income | 75 | €1,021 | €0 | -€1,021 | -100.0% |
| Financial charges | 65/66B | €12,159 | €60,210 | +€48,052 | +395.2% |
| Recurring financial charges | 65 | €12,159 | €60,210 | +€48,052 | +395.2% |
| Profit (loss) for the period before taxes | 9903 | €100,779 | -€195,658 | -€296,437 | |
| Income taxes | 67/77 | €25,654 | €0 | -€25,654 | -100.0% |
| Profit (loss) for the period | 9904 | €75,125 | -€195,658 | -€270,783 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,125 | -€195,658 | -€270,783 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.