RUMMENS FREDDY: 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.
RUMMENS FREDDY
Largest movements
- Cash +€97,288
up €97,288 (+28.4%), from €342,390 to €439,678
mainly Net result for the year (+€105,191) and Tax, wage and social debts (+€47,253)
- Receivables within one year +€27,953
up €27,953 (+78.4%), from €35,670 to €63,623
of which Trade receivables: +€15,209
- Reserves +€96,000
up €96,000 (+29.4%), from €326,705 to €422,705
of which Distributable reserves: +€94,140
- Tax, wage and social debts +€47,253
up €47,253 (+403%), from €11,721 to €58,974
- Other debts -€29,899
no longer reported in 2025 (was €29,899)
- Profit (loss) carried forward +€9,191
no longer reported in 2025 (was -€9,191)
- Gross operating margin +€80,315
up €80,315 (+106%), from €76,062 to €156,377
- Taxes +€21,023
up €21,023 (+88.8%), from €23,677 to €44,700
- Staff costs +€2,189
new in 2025: €2,189
- Depreciation +€2,093
up €2,093 (+101%), from €2,081 to €4,175
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 | €382,035 | €503,301 | +€121,266 | +31.7% |
| Fixed assets | 21/28 | €3,975 | - | -€3,975 | |
| Tangible fixed assets | 22/27 | €3,975 | - | -€3,975 | |
| Plant, machinery and equipment | 23 | €3,422 | - | -€3,422 | |
| Furniture and vehicles | 24 | €552 | - | -€552 | |
| Current assets | 29/58 | €378,060 | €503,301 | +€125,240 | +33.1% |
| Amounts receivable within one year | 40/41 | €35,670 | €63,623 | +€27,953 | +78.4% |
| Trade receivables | 40 | €35,670 | €50,879 | +€15,209 | +42.6% |
| Other amounts receivable | 41 | - | €12,744 | +€12,744 | |
| Cash at bank and in hand | 54/58 | €342,390 | €439,678 | +€97,288 | +28.4% |
| Total equity and liabilities | 10/49 | €382,035 | €503,301 | +€121,266 | +31.7% |
| Equity | 10/15 | €336,115 | €441,305 | +€105,191 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €326,705 | €422,705 | +€96,000 | +29.4% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €326,705 | €420,845 | +€94,140 | +28.8% |
| Profit (loss) carried forward | 14 | -€9,191 | - | +€9,191 | |
| Amounts payable | 17/49 | €45,920 | €61,995 | +€16,075 | +35.0% |
| Amounts payable within one year | 42/48 | €45,920 | €61,995 | +€16,075 | +35.0% |
| Trade debts | 44 | €4,300 | €3,022 | -€1,279 | -29.7% |
| Suppliers | 440/4 | €3,755 | €3,022 | -€734 | -19.5% |
| Bills of exchange payable | 441 | €545 | - | -€545 | |
| Taxes, remuneration and social security | 45 | €11,721 | €58,974 | +€47,253 | +403% |
| Taxes | 450/3 | €11,721 | €58,974 | +€47,253 | +403% |
| Other amounts payable | 47/48 | €29,899 | - | -€29,899 | |
| Remuneration, social security and pensions | 62 | - | €2,189 | +€2,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,081 | €4,175 | +€2,093 | +101% |
| Other operating charges | 640/8 | €250 | €250 | = | 0.0% |
| Gross operating margin | 9900 | €76,062 | €156,377 | +€80,315 | +106% |
| Operating profit (loss) | 9901 | €73,731 | €149,764 | +€76,033 | +103% |
| Financial income | 75/76B | €5 | €181 | +€176 | +3,333% |
| Recurring financial income | 75 | €5 | €181 | +€176 | +3,333% |
| Financial charges | 65/66B | €60 | €54 | -€6 | -9.2% |
| Recurring financial charges | 65 | €60 | €54 | -€6 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €73,677 | €149,891 | +€76,214 | +103% |
| Income taxes | 67/77 | €23,677 | €44,700 | +€21,023 | +88.8% |
| Profit (loss) for the period | 9904 | €50,000 | €105,191 | +€55,191 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €50,000 | €105,191 | +€55,191 | +110% |
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 30 October 2026 via checked.be.