SAM RONSMANS: 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.
SAM RONSMANS
Largest movements
- Cash +€24,541
up €24,541 (+60.4%), from €40,642 to €65,183
mainly Net result for the year (+€36,368)
- Receivables within one year +€11,051
up €11,051 (+648.0%), from €1,705 to €12,756
- Reserves +€36,368
up €36,368 (+92.5%), from €39,311 to €75,678
- Depreciation -€6,886
down €6,886 (-100.0%), from €6,886 to €0
- Gross operating margin +€5,698
up €5,698 (+14.1%), from €40,420 to €46,119
- Taxes +€1,841
up €1,841 (+23.2%), from €7,950 to €9,790
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 | €42,834 | €79,164 | +€36,330 | +84.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €42,834 | €79,164 | +€36,330 | +84.8% |
| Amounts receivable within one year | 40/41 | €1,705 | €12,756 | +€11,051 | +648.0% |
| Other amounts receivable | 41 | €1,705 | €12,756 | +€11,051 | +648.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,642 | €65,183 | +€24,541 | +60.4% |
| Deferred charges and accrued income | 490/1 | €487 | €1,226 | +€739 | +151.9% |
| Total equity and liabilities | 10/49 | €42,834 | €79,164 | +€36,330 | +84.8% |
| Equity | 10/15 | €42,311 | €78,678 | +€36,368 | +86.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,311 | €75,678 | +€36,368 | +92.5% |
| Distributable reserves | 133 | €39,311 | €75,678 | +€36,368 | +92.5% |
| Amounts payable | 17/49 | €524 | €486 | -€37 | -7.2% |
| Amounts payable within one year | 42/48 | €524 | €486 | -€37 | -7.2% |
| Trade debts | 44 | €501 | €486 | -€15 | -2.9% |
| Suppliers | 440/4 | €501 | €486 | -€15 | -2.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €23 | €0 | -€23 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,886 | €0 | -€6,886 | -100.0% |
| Other operating charges | 640/8 | €644 | €233 | -€411 | -63.8% |
| Gross operating margin | 9900 | €40,420 | €46,119 | +€5,698 | +14.1% |
| Operating profit (loss) | 9901 | €32,890 | €45,886 | +€12,995 | +39.5% |
| Financial income | 75/76B | €391 | €345 | -€46 | -11.9% |
| Recurring financial income | 75 | €391 | €345 | -€46 | -11.9% |
| Financial charges | 65/66B | €68 | €72 | +€4 | +6.0% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €33,214 | €46,158 | +€12,945 | +39.0% |
| Income taxes | 67/77 | €7,950 | €9,790 | +€1,841 | +23.2% |
| Profit (loss) for the period | 9904 | €25,264 | €36,368 | +€11,104 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,264 | €36,368 | +€11,104 | +44.0% |
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 11 October 2026 via checked.be.