Le Rancho: 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.
Le Rancho
Largest movements
- Receivables within one year +€44,826
up €44,826 (+56.9%), from €78,728 to €123,554
of which Other amounts receivable: +€44,826
- Tangible fixed assets -€41,687
down €41,687 (-19.6%), from €212,388 to €170,700
of which Furniture and vehicles: -€22,327
- Stocks and contracts -€11,676
down €11,676 (-18.0%), from €64,999 to €53,323
- Reserves +€50,000
up €50,000 (+14.0%), from €357,360 to €407,360
- Debts after one year -€22,674
down €22,674 (-52.0%), from €43,640 to €20,966
- Trade debts -€18,776
down €18,776 (-26.6%), from €70,654 to €51,878
- Short-term financial debts -€16,842
no longer reported in 2025 (was €16,842)
- Gross operating margin -€39,669
down €39,669 (-7.4%), from €533,960 to €494,291
- Staff costs -€9,023
down €9,023 (-2.4%), from €376,530 to €367,506
- Taxes -€8,421
down €8,421 (-26.2%), from €32,157 to €23,737
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 | €663,151 | €651,013 | -€12,138 | -1.8% |
| Fixed assets | 21/28 | €212,644 | €170,957 | -€41,687 | -19.6% |
| Tangible fixed assets | 22/27 | €212,388 | €170,700 | -€41,687 | -19.6% |
| Plant, machinery and equipment | 23 | €34,387 | €22,692 | -€11,695 | -34.0% |
| Furniture and vehicles | 24 | €79,662 | €57,334 | -€22,327 | -28.0% |
| Other tangible fixed assets | 26 | €98,339 | €90,674 | -€7,665 | -7.8% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €450,507 | €480,056 | +€29,550 | +6.6% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €64,999 | €53,323 | -€11,676 | -18.0% |
| Stocks | 30/36 | €64,999 | €53,323 | -€11,676 | -18.0% |
| Amounts receivable within one year | 40/41 | €78,728 | €123,554 | +€44,826 | +56.9% |
| Trade receivables | 40 | €2,957 | €2,957 | = | 0.0% |
| Other amounts receivable | 41 | €75,771 | €120,597 | +€44,826 | +59.2% |
| Cash at bank and in hand | 54/58 | €199,552 | €195,719 | -€3,833 | -1.9% |
| Deferred charges and accrued income | 490/1 | €2,227 | €2,460 | +€233 | +10.5% |
| Total equity and liabilities | 10/49 | €663,151 | €651,013 | -€12,138 | -1.8% |
| Equity | 10/15 | €427,832 | €478,531 | +€50,699 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €357,360 | €407,360 | +€50,000 | +14.0% |
| Distributable reserves | 133 | €357,360 | €407,360 | +€50,000 | +14.0% |
| Profit (loss) carried forward | 14 | €64,272 | €64,971 | +€699 | +1.1% |
| Amounts payable | 17/49 | €235,319 | €172,482 | -€62,837 | -26.7% |
| Amounts payable after more than one year | 17 | €43,640 | €20,966 | -€22,674 | -52.0% |
| Financial debts | 170/4 | €43,640 | €20,966 | -€22,674 | -52.0% |
| Amounts payable within one year | 42/48 | €191,679 | €151,517 | -€40,163 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €28,982 | €30,612 | +€1,630 | +5.6% |
| Financial debts | 43 | €16,842 | - | -€16,842 | |
| Credit institutions | 430/8 | €16,842 | - | -€16,842 | |
| Trade debts | 44 | €70,654 | €51,878 | -€18,776 | -26.6% |
| Suppliers | 440/4 | €70,654 | €51,878 | -€18,776 | -26.6% |
| Advances received on contracts in progress | 46 | €3,550 | €3,550 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €71,651 | €65,477 | -€6,174 | -8.6% |
| Taxes | 450/3 | €21,058 | €16,049 | -€5,009 | -23.8% |
| Remuneration and social security | 454/9 | €50,593 | €49,427 | -€1,165 | -2.3% |
| Remuneration, social security and pensions | 62 | €376,530 | €367,506 | -€9,023 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,269 | €41,687 | -€581 | -1.4% |
| Other operating charges | 640/8 | €4,520 | €4,560 | +€40 | +0.9% |
| Gross operating margin | 9900 | €533,960 | €494,291 | -€39,669 | -7.4% |
| Operating profit (loss) | 9901 | €110,642 | €80,537 | -€30,104 | -27.2% |
| Financial income | 75/76B | €4,263 | €5,910 | +€1,647 | +38.6% |
| Recurring financial income | 75 | €4,263 | €5,910 | +€1,647 | +38.6% |
| Financial charges | 65/66B | €13,247 | €12,011 | -€1,236 | -9.3% |
| Recurring financial charges | 65 | €13,247 | €12,011 | -€1,236 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €101,658 | €74,436 | -€27,222 | -26.8% |
| Income taxes | 67/77 | €32,157 | €23,737 | -€8,421 | -26.2% |
| Profit (loss) for the period | 9904 | €69,500 | €50,699 | -€18,801 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,500 | €50,699 | -€18,801 | -27.1% |
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 18 October 2026 via checked.be.