Ranson: 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.
What changed
Ranson
NACE 47.120, Other non-specialised retail sale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€131,146
2024 · €2.9m-€2.8m
Equity
€26.3m
2024 · €26.2m+€61,102
Cash
€2.1m
2024 · €628,356+€1.5m
Balance sheet total
€90.3m
2024 · €84.0m+€6.3m
Largest movements
Assets
- Stocks and contracts +€5.2m
up €5.2m (+20.1%), from €26.0m to €31.2m
- Receivables within one year +€2.2m
up €2.2m (+7.5%), from €28.7m to €30.9m
of which Other amounts receivable: +€2.7m
- Tangible fixed assets -€1.8m
down €1.8m (-7.4%), from €24.6m to €22.8m
of which Land and buildings: -€1.5m
- Cash +€1.5m
up €1.5m (+236.4%), from €628,356 to €2.1m
mainly Trade debts (+€11.8m) and Depreciation (+€2.3m)
Equity and liabilities
- Trade debts +€11.8m
up €11.8m (+94.0%), from €12.6m to €24.4m
- Other debts -€4.8m
down €4.8m (-78.6%), from €6.1m to €1.3m
- Debts after one year -€1.7m
down €1.7m (-10.2%), from €16.4m to €14.7m
- Tax, wage and social debts +€1.1m
up €1.1m (+48.9%), from €2.2m to €3.2m
of which Remuneration and social security: +€749,113
Income statement
- Turnover +€12.3m
up €12.3m (+6.0%), from €205.7m to €218.0m
- Goods and materials +€11.1m
up €11.1m (+6.6%), from €166.8m to €177.8m
of which Purchases: +€15.2m
- Services and other goods +€3.1m
up €3.1m (+17.4%), from €17.5m to €20.6m
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.
Result 2024
€2.9m
Turnover
+€12.3m
Other operating income
+€237,240
Goods and materials
-€11.1m
Services and other goods
-€3.1m
Staff costs
-€1.3m
Depreciation
+€116,214
Write-downs
-€358,947
Other operating charges
+€179,237
Other operating items
+€472,092
Financial income
+€497,458
Financial charges
-€456,451
Taxes
-€273,573
Result 2025
€131,146
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.
From operations
+€3.6m
Investment
-€409,744
Financing
-€1.7m
Cash 2024
€628,356
From operations (derived)
+€3.6m
Net result for the year
+€131,146
Depreciation
+€2.3m
Receivables after one year
+€618,020
Stocks and contracts
-€5.2m
Receivables within one year
-€2.2m
Deferred charges and accrued income
+€92,224
Trade debts
+€11.8m
Tax, wage and social debts
+€1.1m
Other debts
-€4.8m
Accrued charges and deferred income
-€193,818
Investment (derived)
-€409,744
Investment in fixed assets (net)
-€409,744
Financing
-€1.7m
Debts after one year
-€1.7m
Current portion of long-term debt
-€15,093
Short-term financial debts
+€59,072
Contributions, distributions and other
-€70,044
Cash 2025
€2.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,993,889 | €90,322,470 | +€6.3m | +7.5% |
| Fixed assets | 21/28 | €24,688,416 | €22,846,085 | -€1.8m | -7.5% |
| Intangible fixed assets | 21 | €61,251 | €45,562 | -€15,689 | -25.6% |
| Tangible fixed assets | 22/27 | €24,617,188 | €22,790,546 | -€1.8m | -7.4% |
| Land and buildings | 22 | €21,334,696 | €19,806,407 | -€1.5m | -7.2% |
| Plant, machinery and equipment | 23 | €1,866,101 | €1,783,640 | -€82,461 | -4.4% |
| Furniture and vehicles | 24 | €590,479 | €453,751 | -€136,729 | -23.2% |
| Leasing and similar rights | 25 | €9,604 | - | -€9,604 | |
| Other tangible fixed assets | 26 | €816,307 | €746,749 | -€69,558 | -8.5% |
| Financial fixed assets | 28 | €9,977 | €9,977 | = | 0.0% |
| Other financial fixed assets | 284/8 | €9,977 | €9,977 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,977 | €9,977 | = | 0.0% |
| Current assets | 29/58 | €59,305,473 | €67,476,385 | +€8.2m | +13.8% |
| Amounts receivable after more than one year | 29 | €3,794,244 | €3,176,223 | -€618,020 | -16.3% |
| Other amounts receivable | 291 | €3,794,244 | €3,176,223 | -€618,020 | -16.3% |
| Stocks and contracts in progress | 3 | €26,009,761 | €31,243,879 | +€5.2m | +20.1% |
| Stocks | 30/36 | €26,009,761 | €31,243,879 | +€5.2m | +20.1% |
| Goods purchased for resale | 34 | €26,009,761 | €30,503,635 | +€4.5m | +17.3% |
| Advance payments | 36 | - | €740,244 | +€740,244 | |
| Amounts receivable within one year | 40/41 | €28,724,925 | €30,886,801 | +€2.2m | +7.5% |
| Trade receivables | 40 | €23,499,915 | €22,944,355 | -€555,560 | -2.4% |
| Other amounts receivable | 41 | €5,225,010 | €7,942,446 | +€2.7m | +52.0% |
| Cash at bank and in hand | 54/58 | €628,356 | €2,113,518 | +€1.5m | +236.4% |
| Deferred charges and accrued income | 490/1 | €148,187 | €55,963 | -€92,224 | -62.2% |
| Total equity and liabilities | 10/49 | €83,993,889 | €90,322,470 | +€6.3m | +7.5% |
| Equity | 10/15 | €26,191,867 | €26,252,969 | +€61,102 | +0.2% |
| Contributions | 10/11 | €2,352,081 | €2,352,081 | = | 0.0% |
| Capital | 10 | €2,317,815 | €2,317,815 | = | 0.0% |
| Issued capital | 100 | €2,317,815 | €2,317,815 | = | 0.0% |
| Outside capital | 11 | €34,266 | €34,266 | = | 0.0% |
| Other | 1109/19 | €34,266 | €34,266 | = | 0.0% |
| Reserves | 13 | €23,839,786 | €23,900,888 | +€61,102 | +0.3% |
| Non-distributable reserves | 130/1 | €240,090 | €240,090 | = | 0.0% |
| Legal reserve | 130 | €231,782 | €231,782 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,308 | €8,308 | = | 0.0% |
| Tax-exempt reserves | 132 | €153,702 | €153,702 | = | 0.0% |
| Distributable reserves | 133 | €23,445,994 | €23,507,096 | +€61,102 | +0.3% |
| Amounts payable | 17/49 | €57,802,022 | €64,069,501 | +€6.3m | +10.8% |
| Amounts payable after more than one year | 17 | €16,390,514 | €14,722,224 | -€1.7m | -10.2% |
| Financial debts | 170/4 | €16,390,514 | €14,722,224 | -€1.7m | -10.2% |
| Credit institutions | 173 | €16,390,514 | €14,722,224 | -€1.7m | -10.2% |
| Amounts payable within one year | 42/48 | €40,729,538 | €48,859,126 | +€8.1m | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €1,683,384 | €1,668,291 | -€15,093 | -0.9% |
| Financial debts | 43 | €18,146,562 | €18,205,635 | +€59,072 | +0.3% |
| Credit institutions | 430/8 | €18,146,562 | €18,205,635 | +€59,072 | +0.3% |
| Trade debts | 44 | €12,604,138 | €24,447,331 | +€11.8m | +94.0% |
| Suppliers | 440/4 | €12,604,138 | €24,447,331 | +€11.8m | +94.0% |
| Taxes, remuneration and social security | 45 | €2,167,387 | €3,226,572 | +€1.1m | +48.9% |
| Taxes | 450/3 | €61,484 | €371,557 | +€310,073 | +504.3% |
| Remuneration and social security | 454/9 | €2,105,902 | €2,855,015 | +€749,113 | +35.6% |
| Other amounts payable | 47/48 | €6,128,067 | €1,311,298 | -€4.8m | -78.6% |
| Accrued charges and deferred income | 492/3 | €681,969 | €488,152 | -€193,818 | -28.4% |
| Operating income | 70/76A | €207,052,841 | €220,023,929 | +€13.0m | +6.3% |
| Turnover | 70 | €205,715,249 | €217,998,120 | +€12.3m | +6.0% |
| Other operating income | 74 | €1,176,520 | €1,413,759 | +€237,240 | +20.2% |
| Non-recurring operating income | 76A | €161,072 | €612,050 | +€450,978 | +280.0% |
| Operating charges | 60/66A | €203,285,630 | €218,786,606 | +€15.5m | +7.6% |
| Goods for resale, raw materials and consumables | 60 | €166,780,596 | €177,847,982 | +€11.1m | +6.6% |
| Purchases | 600/8 | €167,222,095 | €182,410,392 | +€15.2m | +9.1% |
| Change in stocks: decrease (increase) | 609 | -€441,500 | -€4,562,410 | -€4.1m | -933.4% |
| Services and other goods | 61 | €17,548,694 | €20,599,474 | +€3.1m | +17.4% |
| Remuneration, social security and pensions | 62 | €15,951,703 | €17,292,132 | +€1.3m | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,368,289 | €2,252,075 | -€116,214 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€106,619 | €252,327 | +€358,947 | |
| Other operating charges | 640/8 | €718,468 | €539,231 | -€179,237 | -24.9% |
| Non-recurring operating charges | 66A | €24,500 | €3,386 | -€21,114 | -86.2% |
| Operating profit (loss) | 9901 | €3,767,212 | €1,237,323 | -€2.5m | -67.2% |
| Financial income | 75/76B | €597,119 | €1,094,577 | +€497,458 | +83.3% |
| Recurring financial income | 75 | €597,119 | €1,094,577 | +€497,458 | +83.3% |
| Income from current assets | 751 | €38,967 | €75,187 | +€36,220 | +93.0% |
| Other financial income | 752/9 | €558,152 | €1,019,390 | +€461,238 | +82.6% |
| Financial charges | 65/66B | €1,595,274 | €2,051,725 | +€456,451 | +28.6% |
| Recurring financial charges | 65 | €1,595,274 | €2,051,725 | +€456,451 | +28.6% |
| Debt charges | 650 | €1,066,116 | €865,121 | -€200,995 | -18.9% |
| Other financial charges | 652/9 | €529,157 | €1,186,604 | +€657,447 | +124.2% |
| Profit (loss) for the period before taxes | 9903 | €2,769,057 | €280,175 | -€2.5m | -89.9% |
| Income taxes | 67/77 | -€124,543 | €149,029 | +€273,573 | |
| Taxes | 670/3 | €240,426 | €149,043 | -€91,383 | -38.0% |
| Tax adjustments and reversals of tax provisions | 77 | €364,970 | €14 | -€364,956 | -100.0% |
| Profit (loss) for the period | 9904 | €2,893,600 | €131,146 | -€2.8m | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,893,600 | €131,146 | -€2.8m | -95.5% |
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 6 October 2026 via checked.be.