RANIA MESO: 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.
RANIA MESO
Largest movements
- Tangible fixed assets -€10,102
down €10,102 (-38.8%), from €26,062 to €15,960
of which Furniture and vehicles: -€6,002
- Financial fixed assets -€3,900
no longer reported in 2025 (was €3,900)
- Cash +€2,775
up €2,775 (+46.0%), from €6,030 to €8,805
mainly Depreciation (+€10,102) and Tax, wage and social debts (+€3,912)
- Receivables within one year +€1,947
up €1,947 (+32.5%), from €6,000 to €7,947
of which Trade receivables: +€1,947
- Profit (loss) carried forward -€8,775
down €8,775 (-33.5%), from -€26,207 to -€34,982
- Other debts -€6,946
down €6,946 (-12.5%), from €55,419 to €48,472
- Tax, wage and social debts +€3,912
up €3,912 (+64.3%), from €6,088 to €10,000
of which Taxes: +€2,285
- Trade debts +€2,529
up €2,529 (+365%), from €692 to €3,221
- Other operating charges -€1,210
down €1,210 (-79.8%), from €1,516 to €306
- Staff costs +€723
up €723 (+6.2%), from €11,728 to €12,451
- Financial charges -€432
down €432 (-46.4%), from €931 to €499
- Financial income +€239
new in 2025: €239
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 | €41,992 | €32,712 | -€9,280 | -22.1% |
| Fixed assets | 21/28 | €29,962 | €15,960 | -€14,002 | -46.7% |
| Tangible fixed assets | 22/27 | €26,062 | €15,960 | -€10,102 | -38.8% |
| Plant, machinery and equipment | 23 | €12,988 | €8,888 | -€4,100 | -31.6% |
| Furniture and vehicles | 24 | €13,074 | €7,072 | -€6,002 | -45.9% |
| Financial fixed assets | 28 | €3,900 | - | -€3,900 | |
| Current assets | 29/58 | €12,030 | €16,752 | +€4,722 | +39.3% |
| Amounts receivable within one year | 40/41 | €6,000 | €7,947 | +€1,947 | +32.5% |
| Trade receivables | 40 | - | €1,947 | +€1,947 | |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,030 | €8,805 | +€2,775 | +46.0% |
| Total equity and liabilities | 10/49 | €41,992 | €32,712 | -€9,280 | -22.1% |
| Equity | 10/15 | -€20,207 | -€28,982 | -€8,775 | -43.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,207 | -€34,982 | -€8,775 | -33.5% |
| Amounts payable | 17/49 | €62,199 | €61,694 | -€505 | -0.8% |
| Amounts payable within one year | 42/48 | €62,199 | €61,694 | -€505 | -0.8% |
| Trade debts | 44 | €692 | €3,221 | +€2,529 | +365% |
| Suppliers | 440/4 | €692 | €3,221 | +€2,529 | +365% |
| Taxes, remuneration and social security | 45 | €6,088 | €10,000 | +€3,912 | +64.3% |
| Taxes | 450/3 | €4,430 | €6,715 | +€2,285 | +51.6% |
| Remuneration and social security | 454/9 | €1,657 | €3,285 | +€1,628 | +98.2% |
| Other amounts payable | 47/48 | €55,419 | €48,472 | -€6,946 | -12.5% |
| Remuneration, social security and pensions | 62 | €11,728 | €12,451 | +€723 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,102 | €10,102 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,516 | €306 | -€1,210 | -79.8% |
| Non-recurring operating charges | 66A | - | €6,894 | +€6,894 | |
| Gross operating margin | 9900 | €21,583 | €21,651 | +€68 | +0.3% |
| Operating profit (loss) | 9901 | -€1,763 | -€8,102 | -€6,339 | -360% |
| Financial income | 75/76B | - | €239 | +€239 | |
| Recurring financial income | 75 | - | €239 | +€239 | |
| Financial charges | 65/66B | €931 | €499 | -€432 | -46.4% |
| Recurring financial charges | 65 | €931 | €499 | -€432 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,694 | -€8,362 | -€5,668 | -210% |
| Income taxes | 67/77 | €419 | €413 | -€6 | -1.3% |
| Profit (loss) for the period | 9904 | -€3,112 | -€8,775 | -€5,663 | -182% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,112 | -€8,775 | -€5,663 | -182% |
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 20 October 2026 via checked.be.