’t ruimerke: 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.
’t ruimerke
Largest movements
- Cash -€208,226
down €208,226 (-48.7%), from €427,670 to €219,444
mainly Receivables within one year (-€179,112) and Net result for the year (-€69,518)
- Receivables within one year +€179,112
up €179,112 (+55.4%), from €323,355 to €502,467
of which Trade receivables: +€179,112
- Tangible fixed assets -€43,682
down €43,682 (-21.7%), from €201,725 to €158,043
of which Leasing and similar rights: -€54,025
- Deferred charges and accrued income -€15,496
down €15,496 (-8.0%), from €192,802 to €177,306
- Profit (loss) carried forward -€69,518
down €69,518 (-53.3%), from -€130,331 to -€199,850
- Debts after one year -€37,166
down €37,166 (-46.8%), from €79,350 to €42,184
- Current portion of long-term debt -€36,325
down €36,325 (-45.3%), from €80,261 to €43,936
- Trade debts +€33,023
up €33,023 (+15.9%), from €208,250 to €241,273
- Tax, wage and social debts +€16,795
up €16,795 (+8.5%), from €197,442 to €214,236
of which Remuneration and social security: +€19,848
- Gross operating margin -€164,973
down €164,973 (-13.5%), from €1.2m to €1.1m
- Depreciation -€39,261
down €39,261 (-34.3%), from €114,457 to €75,196
- Staff costs -€28,915
down €28,915 (-2.7%), from €1.1m to €1.0m
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 | €1,222,872 | €1,133,948 | -€88,924 | -7.3% |
| Fixed assets | 21/28 | €233,881 | €189,566 | -€44,315 | -18.9% |
| Intangible fixed assets | 21 | €15,200 | €14,568 | -€632 | -4.2% |
| Tangible fixed assets | 22/27 | €201,725 | €158,043 | -€43,682 | -21.7% |
| Plant, machinery and equipment | 23 | €8,032 | €3,148 | -€4,885 | -60.8% |
| Furniture and vehicles | 24 | €30,093 | €47,349 | +€17,255 | +57.3% |
| Leasing and similar rights | 25 | €117,457 | €63,431 | -€54,025 | -46.0% |
| Other tangible fixed assets | 26 | €46,144 | €44,116 | -€2,028 | -4.4% |
| Financial fixed assets | 28 | €16,955 | €16,955 | = | 0.0% |
| Current assets | 29/58 | €988,992 | €944,382 | -€44,609 | -4.5% |
| Stocks and contracts in progress | 3 | €45,165 | €45,165 | = | 0.0% |
| Stocks | 30/36 | €45,165 | €45,165 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €323,355 | €502,467 | +€179,112 | +55.4% |
| Trade receivables | 40 | €322,975 | €502,087 | +€179,112 | +55.5% |
| Other amounts receivable | 41 | €380 | €380 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €427,670 | €219,444 | -€208,226 | -48.7% |
| Deferred charges and accrued income | 490/1 | €192,802 | €177,306 | -€15,496 | -8.0% |
| Total equity and liabilities | 10/49 | €1,222,872 | €1,133,948 | -€88,924 | -7.3% |
| Equity | 10/15 | €4,017 | -€65,502 | -€69,518 | |
| Contributions | 10/11 | €108,161 | €108,161 | = | 0.0% |
| Reserves | 13 | €26,187 | €26,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,331 | -€199,850 | -€69,518 | -53.3% |
| Amounts payable | 17/49 | €1,218,856 | €1,199,450 | -€19,405 | -1.6% |
| Amounts payable after more than one year | 17 | €79,350 | €42,184 | -€37,166 | -46.8% |
| Financial debts | 170/4 | €79,350 | €42,184 | -€37,166 | -46.8% |
| Amounts payable within one year | 42/48 | €485,953 | €503,713 | +€17,760 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €80,261 | €43,936 | -€36,325 | -45.3% |
| Financial debts | 43 | - | €4,267 | +€4,267 | |
| Credit institutions | 430/8 | - | €4,267 | +€4,267 | |
| Trade debts | 44 | €208,250 | €241,273 | +€33,023 | +15.9% |
| Suppliers | 440/4 | €208,250 | €241,273 | +€33,023 | +15.9% |
| Taxes, remuneration and social security | 45 | €197,442 | €214,236 | +€16,795 | +8.5% |
| Taxes | 450/3 | €15,335 | €12,282 | -€3,053 | -19.9% |
| Remuneration and social security | 454/9 | €182,106 | €201,954 | +€19,848 | +10.9% |
| Accrued charges and deferred income | 492/3 | €653,553 | €653,553 | = | 0.0% |
| Non-recurring operating income | 76A | €3,335 | €1,150 | -€2,185 | -65.5% |
| Remuneration, social security and pensions | 62 | €1,063,523 | €1,034,608 | -€28,915 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,457 | €75,196 | -€39,261 | -34.3% |
| Other operating charges | 640/8 | €4,406 | €5,034 | +€628 | +14.3% |
| Non-recurring operating charges | 66A | €2,024 | €1,700 | -€324 | -16.0% |
| Gross operating margin | 9900 | €1,219,153 | €1,054,180 | -€164,973 | -13.5% |
| Operating profit (loss) | 9901 | €34,742 | -€62,359 | -€97,101 | |
| Financial income | 75/76B | €39 | €11 | -€28 | -71.4% |
| Recurring financial income | 75 | €39 | €11 | -€28 | -71.4% |
| Financial charges | 65/66B | €9,330 | €7,039 | -€2,291 | -24.6% |
| Recurring financial charges | 65 | €9,330 | €7,039 | -€2,291 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €25,451 | -€69,387 | -€94,837 | |
| Income taxes | 67/77 | €312 | €132 | -€180 | -57.7% |
| Profit (loss) for the period | 9904 | €25,139 | -€69,518 | -€94,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,139 | -€69,518 | -€94,657 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.