S. Rombaut: 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.
S. Rombaut
Largest movements
- Cash -€39,046
down €39,046 (-76.7%), from €50,885 to €11,839
mainly Contributions, distributions and other (-€42,000) and Tax, wage and social debts (-€5,589)
- Deferred charges and accrued income +€4,878
up €4,878 (+130%), from €3,747 to €8,625
- Tangible fixed assets -€718
down €718 (-37.7%), from €1,902 to €1,184
of which Plant, machinery and equipment: -€528
- Reserves -€38,710
down €38,710 (-84.4%), from €45,888 to €7,178
- Other debts +€10,277
new in 2025: €10,277
- Tax, wage and social debts -€5,589
down €5,589 (-75.6%), from €7,389 to €1,800
- Gross operating margin -€31,092
down €31,092 (-84.5%), from €36,809 to €5,717
- Taxes -€6,365
down €6,365 (-86.1%), from €7,389 to €1,024
- Other operating charges +€404
up €404 (+171%), from €236 to €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.
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 | €56,534 | €22,124 | -€34,410 | -60.9% |
| Fixed assets | 21/28 | €1,902 | €1,184 | -€718 | -37.7% |
| Tangible fixed assets | 22/27 | €1,902 | €1,184 | -€718 | -37.7% |
| Plant, machinery and equipment | 23 | €1,332 | €805 | -€528 | -39.6% |
| Furniture and vehicles | 24 | €569 | €379 | -€190 | -33.4% |
| Current assets | 29/58 | €54,632 | €20,940 | -€33,692 | -61.7% |
| Amounts receivable within one year | 40/41 | - | €476 | +€476 | |
| Other amounts receivable | 41 | - | €476 | +€476 | |
| Cash at bank and in hand | 54/58 | €50,885 | €11,839 | -€39,046 | -76.7% |
| Deferred charges and accrued income | 490/1 | €3,747 | €8,625 | +€4,878 | +130% |
| Total equity and liabilities | 10/49 | €56,534 | €22,124 | -€34,410 | -60.9% |
| Equity | 10/15 | €48,388 | €9,678 | -€38,710 | -80.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,888 | €7,178 | -€38,710 | -84.4% |
| Distributable reserves | 133 | €45,888 | €7,178 | -€38,710 | -84.4% |
| Amounts payable | 17/49 | €8,146 | €12,446 | +€4,300 | +52.8% |
| Amounts payable within one year | 42/48 | €8,146 | €12,446 | +€4,300 | +52.8% |
| Trade debts | 44 | €757 | €369 | -€387 | -51.2% |
| Suppliers | 440/4 | €757 | €369 | -€387 | -51.2% |
| Taxes, remuneration and social security | 45 | €7,389 | €1,800 | -€5,589 | -75.6% |
| Taxes | 450/3 | €7,389 | €1,800 | -€5,589 | -75.6% |
| Other amounts payable | 47/48 | - | €10,277 | +€10,277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €718 | +€277 | +62.8% |
| Other operating charges | 640/8 | €236 | €640 | +€404 | +171% |
| Gross operating margin | 9900 | €36,809 | €5,717 | -€31,092 | -84.5% |
| Operating profit (loss) | 9901 | €36,133 | €4,360 | -€31,773 | -87.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €36,088 | €4,315 | -€31,774 | -88.0% |
| Income taxes | 67/77 | €7,389 | €1,024 | -€6,365 | -86.1% |
| Profit (loss) for the period | 9904 | €28,699 | €3,290 | -€25,409 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,699 | €3,290 | -€25,409 | -88.5% |
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 13 October 2026 via checked.be.