Ranal: 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.
Ranal
Largest movements
- Receivables within one year -€12,251
down €12,251 (-12.0%), from €102,076 to €89,825
of which Other amounts receivable: -€20,283
- Cash -€8,517
down €8,517 (-46.8%), from €18,196 to €9,679
mainly Trade debts (-€13,265) and Debts after one year (-€9,640)
- Tangible fixed assets -€6,722
down €6,722 (-23.2%), from €28,983 to €22,261
- Trade debts -€13,265
down €13,265 (-82.0%), from €16,186 to €2,921
- Debts after one year -€9,640
down €9,640 (-65.6%), from €14,685 to €5,045
- Profit (loss) carried forward -€4,552
down €4,552 (-4.2%), from €109,057 to €104,505
- Purchases and services +€99,726
new in 2025: €99,726
- Turnover +€93,383
new in 2025: €93,383
- Gross operating margin -€4,831
down €4,831 (-53.5%), from €9,030 to €4,199
- Depreciation +€2,094
up €2,094 (+45.2%), from €4,629 to €6,722
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 | €170,062 | €142,571 | -€27,491 | -16.2% |
| Fixed assets | 21/28 | €48,983 | €42,261 | -€6,722 | -13.7% |
| Tangible fixed assets | 22/27 | €28,983 | €22,261 | -€6,722 | -23.2% |
| Furniture and vehicles | 24 | €28,983 | €22,261 | -€6,722 | -23.2% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €121,079 | €100,310 | -€20,768 | -17.2% |
| Stocks and contracts in progress | 3 | €807 | €807 | = | 0.0% |
| Stocks | 30/36 | €807 | €807 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,076 | €89,825 | -€12,251 | -12.0% |
| Trade receivables | 40 | €13,441 | €21,473 | +€8,031 | +59.8% |
| Other amounts receivable | 41 | €88,634 | €68,352 | -€20,283 | -22.9% |
| Cash at bank and in hand | 54/58 | €18,196 | €9,679 | -€8,517 | -46.8% |
| Total equity and liabilities | 10/49 | €170,062 | €142,571 | -€27,491 | -16.2% |
| Equity | 10/15 | €129,517 | €124,965 | -€4,552 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,057 | €104,505 | -€4,552 | -4.2% |
| Amounts payable | 17/49 | €40,545 | €17,606 | -€22,938 | -56.6% |
| Amounts payable after more than one year | 17 | €14,685 | €5,045 | -€9,640 | -65.6% |
| Financial debts | 170/4 | €14,685 | €5,045 | -€9,640 | -65.6% |
| Amounts payable within one year | 42/48 | €25,860 | €12,561 | -€13,298 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €9,070 | €9,640 | +€570 | +6.3% |
| Trade debts | 44 | €16,186 | €2,921 | -€13,265 | -82.0% |
| Suppliers | 440/4 | €16,186 | €2,921 | -€13,265 | -82.0% |
| Taxes, remuneration and social security | 45 | €604 | - | -€604 | |
| Taxes | 450/3 | €578 | - | -€578 | |
| Remuneration and social security | 454/9 | €26 | - | -€26 | |
| Turnover | 70 | - | €93,383 | +€93,383 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €99,726 | +€99,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,629 | €6,722 | +€2,094 | +45.2% |
| Other operating charges | 640/8 | €1,434 | €746 | -€688 | -48.0% |
| Gross operating margin | 9900 | €9,030 | €4,199 | -€4,831 | -53.5% |
| Operating profit (loss) | 9901 | €2,967 | -€3,270 | -€6,237 | |
| Financial income | 75/76B | €171 | €369 | +€197 | +115.1% |
| Recurring financial income | 75 | €171 | €369 | +€197 | +115.1% |
| Financial charges | 65/66B | €882 | €1,651 | +€769 | +87.2% |
| Recurring financial charges | 65 | €882 | €1,651 | +€769 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €2,257 | -€4,552 | -€6,809 | |
| Income taxes | 67/77 | €578 | - | -€578 | |
| Profit (loss) for the period | 9904 | €1,679 | -€4,552 | -€6,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,679 | -€4,552 | -€6,231 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.