DE RON: 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.
DE RON
Largest movements
- Cash +€40,867
up €40,867 (+123.0%), from €33,234 to €74,101
mainly Receivables within one year (+€39,752) and Other debts (+€33,250)
- Receivables within one year -€39,752
down €39,752 (-49.8%), from €79,752 to €39,999
of which Trade receivables: -€25,924
- Stocks and contracts +€27,098
up €27,098 (+36.7%), from €73,783 to €100,881
- Deferred charges and accrued income +€5,309
up €5,309 (+15.0%), from €35,338 to €40,647
- Other debts +€33,250
new in 2025: €33,250
- Reserves -€18,100
down €18,100 (-17.2%), from €104,942 to €86,842
of which Non-distributable reserves: -€18,100
- Trade debts +€16,064
up €16,064 (+23.0%), from €69,982 to €86,046
- Gross operating margin +€38,869
up €38,869 (+471.8%), from €8,238 to €47,107
- Taxes +€7,656
up €7,656 (+885.6%), from €864 to €8,520
- Staff costs +€7,262
up €7,262 (+71.4%), from €10,172 to €17,434
- Depreciation +€609
up €609 (+39.6%), from €1,537 to €2,146
- Financial charges +€497
up €497 (+31.4%), from €1,585 to €2,082
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 | €310,380 | €344,032 | +€33,652 | +10.8% |
| Fixed assets | 21/28 | €12,873 | €11,495 | -€1,378 | -10.7% |
| Tangible fixed assets | 22/27 | €7,873 | €6,495 | -€1,378 | -17.5% |
| Plant, machinery and equipment | 23 | €3,592 | €3,407 | -€185 | -5.2% |
| Furniture and vehicles | 24 | €4,281 | €3,088 | -€1,193 | -27.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €297,507 | €332,537 | +€35,030 | +11.8% |
| Amounts receivable after more than one year | 29 | €75,401 | €76,909 | +€1,508 | +2.0% |
| Other amounts receivable | 291 | €75,401 | €76,909 | +€1,508 | +2.0% |
| Stocks and contracts in progress | 3 | €73,783 | €100,881 | +€27,098 | +36.7% |
| Stocks | 30/36 | €73,783 | €100,881 | +€27,098 | +36.7% |
| Amounts receivable within one year | 40/41 | €79,752 | €39,999 | -€39,752 | -49.8% |
| Trade receivables | 40 | €28,164 | €2,240 | -€25,924 | -92.0% |
| Other amounts receivable | 41 | €51,587 | €37,759 | -€13,829 | -26.8% |
| Cash at bank and in hand | 54/58 | €33,234 | €74,101 | +€40,867 | +123.0% |
| Deferred charges and accrued income | 490/1 | €35,338 | €40,647 | +€5,309 | +15.0% |
| Total equity and liabilities | 10/49 | €310,380 | €344,032 | +€33,652 | +10.8% |
| Equity | 10/15 | €226,688 | €208,613 | -€18,075 | -8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,942 | €86,842 | -€18,100 | -17.2% |
| Non-distributable reserves | 130/1 | €87,360 | €69,260 | -€18,100 | -20.7% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €85,500 | €67,400 | -€18,100 | -21.2% |
| Tax-exempt reserves | 132 | €4,455 | €4,455 | = | 0.0% |
| Distributable reserves | 133 | €13,127 | €13,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,145 | €103,170 | +€25 | 0.0% |
| Amounts payable | 17/49 | €83,692 | €135,420 | +€51,727 | +61.8% |
| Amounts payable within one year | 42/48 | €83,692 | €135,420 | +€51,727 | +61.8% |
| Financial debts | 43 | €5,139 | €5,091 | -€48 | -0.9% |
| Credit institutions | 430/8 | €5,139 | €5,091 | -€48 | -0.9% |
| Trade debts | 44 | €69,982 | €86,046 | +€16,064 | +23.0% |
| Suppliers | 440/4 | €69,982 | €86,046 | +€16,064 | +23.0% |
| Taxes, remuneration and social security | 45 | €8,571 | €11,032 | +€2,461 | +28.7% |
| Taxes | 450/3 | €2,300 | €8,656 | +€6,356 | +276.3% |
| Remuneration and social security | 454/9 | €6,271 | €2,376 | -€3,895 | -62.1% |
| Other amounts payable | 47/48 | - | €33,250 | +€33,250 | |
| Remuneration, social security and pensions | 62 | €10,172 | €17,434 | +€7,262 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,537 | €2,146 | +€609 | +39.6% |
| Other operating charges | 640/8 | €1,565 | €1,576 | +€11 | +0.7% |
| Gross operating margin | 9900 | €8,238 | €47,107 | +€38,869 | +471.8% |
| Operating profit (loss) | 9901 | -€5,037 | €25,951 | +€30,987 | |
| Financial income | 75/76B | €1,524 | €1,577 | +€52 | +3.4% |
| Recurring financial income | 75 | €1,524 | €1,577 | +€52 | +3.4% |
| Financial charges | 65/66B | €1,585 | €2,082 | +€497 | +31.4% |
| Recurring financial charges | 65 | €1,585 | €2,082 | +€497 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,097 | €25,445 | +€30,542 | |
| Income taxes | 67/77 | €864 | €8,520 | +€7,656 | +885.6% |
| Profit (loss) for the period | 9904 | -€5,962 | €16,925 | +€22,887 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,962 | €16,925 | +€22,887 |
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 3 October 2026 via checked.be.