Ransa: 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.
Ransa
Largest movements
- Cash -€47,376
down €47,376 (-76.3%), from €62,114 to €14,738
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€30,635)
- Receivables within one year +€30,635
up €30,635 (+595.0%), from €5,149 to €35,784
of which Trade receivables: +€30,329
- Stocks and contracts +€22,230
up €22,230 (+12.7%), from €175,257 to €197,487
- Tangible fixed assets -€7,000
down €7,000 (-24.5%), from €28,591 to €21,591
- Other debts +€95,590
up €95,590 (+342.2%), from €27,936 to €123,526
- Profit (loss) carried forward -€83,540
down €83,540 (-45.2%), from €184,619 to €101,079
- Debts after one year -€8,509
down €8,509 (-69.8%), from €12,186 to €3,677
- Trade debts -€3,123
down €3,123 (-59.9%), from €5,213 to €2,090
- Gross operating margin -€103,577
down €103,577 (-70.5%), from €146,862 to €43,285
- Staff costs -€25,272
down €25,272 (-74.0%), from €34,147 to €8,875
- Taxes -€14,534
down €14,534 (-69.8%), from €20,812 to €6,278
- Financial charges -€2,277
down €2,277 (-88.4%), from €2,577 to €300
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 | €271,356 | €271,860 | +€504 | +0.2% |
| Fixed assets | 21/28 | €28,591 | €21,591 | -€7,000 | -24.5% |
| Tangible fixed assets | 22/27 | €28,591 | €21,591 | -€7,000 | -24.5% |
| Furniture and vehicles | 24 | €28,591 | €21,591 | -€7,000 | -24.5% |
| Current assets | 29/58 | €242,765 | €250,269 | +€7,505 | +3.1% |
| Stocks and contracts in progress | 3 | €175,257 | €197,487 | +€22,230 | +12.7% |
| Contracts in progress | 37 | €175,257 | €197,487 | +€22,230 | +12.7% |
| Amounts receivable within one year | 40/41 | €5,149 | €35,784 | +€30,635 | +595.0% |
| Trade receivables | 40 | €5,149 | €35,478 | +€30,329 | +589.0% |
| Other amounts receivable | 41 | - | €305 | +€305 | |
| Cash at bank and in hand | 54/58 | €62,114 | €14,738 | -€47,376 | -76.3% |
| Deferred charges and accrued income | 490/1 | €244 | €2,261 | +€2,016 | +824.8% |
| Total equity and liabilities | 10/49 | €271,356 | €271,860 | +€504 | +0.2% |
| Equity | 10/15 | €188,619 | €105,079 | -€83,540 | -44.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,619 | €101,079 | -€83,540 | -45.2% |
| Amounts payable | 17/49 | €82,737 | €166,781 | +€84,044 | +101.6% |
| Amounts payable after more than one year | 17 | €12,186 | €3,677 | -€8,509 | -69.8% |
| Financial debts | 170/4 | €12,186 | €3,677 | -€8,509 | -69.8% |
| Amounts payable within one year | 42/48 | €70,551 | €163,104 | +€92,553 | +131.2% |
| Current portion of amounts payable after more than one year | 42 | €8,774 | €8,509 | -€264 | -3.0% |
| Trade debts | 44 | €5,213 | €2,090 | -€3,123 | -59.9% |
| Suppliers | 440/4 | €5,213 | €2,090 | -€3,123 | -59.9% |
| Taxes, remuneration and social security | 45 | €28,629 | €28,979 | +€350 | +1.2% |
| Taxes | 450/3 | €28,629 | €27,090 | -€1,539 | -5.4% |
| Remuneration and social security | 454/9 | - | €1,889 | +€1,889 | |
| Other amounts payable | 47/48 | €27,936 | €123,526 | +€95,590 | +342.2% |
| Remuneration, social security and pensions | 62 | €34,147 | €8,875 | -€25,272 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,328 | €9,301 | +€973 | +11.7% |
| Other operating charges | 640/8 | €1,050 | €2,071 | +€1,021 | +97.3% |
| Gross operating margin | 9900 | €146,862 | €43,285 | -€103,577 | -70.5% |
| Operating profit (loss) | 9901 | €103,337 | €23,038 | -€80,299 | -77.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.3% |
| Financial charges | 65/66B | €2,577 | €300 | -€2,277 | -88.4% |
| Recurring financial charges | 65 | €2,577 | €300 | -€2,277 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | €100,761 | €22,738 | -€78,023 | -77.4% |
| Income taxes | 67/77 | €20,812 | €6,278 | -€14,534 | -69.8% |
| Profit (loss) for the period | 9904 | €79,949 | €16,460 | -€63,489 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,949 | €16,460 | -€63,489 | -79.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.