RANSY: 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.
RANSY
Largest movements
- Cash -€60,820
down €60,820 (-40.7%), from €149,346 to €88,526
mainly Stocks and contracts (-€55,929) and Debts after one year (-€21,693)
- Stocks and contracts +€55,929
up €55,929 (+30.3%), from €184,533 to €240,463
- Tangible fixed assets -€14,966
down €14,966 (-11.2%), from €133,619 to €118,653
of which Land and buildings: -€13,327
- Receivables within one year +€5,130
up €5,130 (+53.9%), from €9,522 to €14,651
of which Trade receivables: +€5,272
- Debts after one year -€21,693
down €21,693 (-94.9%), from €22,850 to €1,156
- Other debts +€14,445
up €14,445 (+6.4%), from €225,237 to €239,683
- Trade debts +€6,195
up €6,195 (+28.8%), from €21,543 to €27,738
- Other operating charges +€4,367
up €4,367 (+22.5%), from €19,370 to €23,736
- Financial charges -€3,980
down €3,980 (-21.3%), from €18,658 to €14,678
- Gross operating margin -€2,634
down €2,634 (-2.3%), from €115,357 to €112,723
- Staff costs -€1,883
down €1,883 (-4.8%), from €38,897 to €37,014
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 | €477,519 | €466,553 | -€10,966 | -2.3% |
| Fixed assets | 21/28 | €133,619 | €118,653 | -€14,966 | -11.2% |
| Tangible fixed assets | 22/27 | €133,619 | €118,653 | -€14,966 | -11.2% |
| Land and buildings | 22 | €129,287 | €115,960 | -€13,327 | -10.3% |
| Plant, machinery and equipment | 23 | €992 | €779 | -€213 | -21.5% |
| Furniture and vehicles | 24 | €3,340 | €1,914 | -€1,426 | -42.7% |
| Current assets | 29/58 | €343,900 | €347,900 | +€4,000 | +1.2% |
| Stocks and contracts in progress | 3 | €184,533 | €240,463 | +€55,929 | +30.3% |
| Stocks | 30/36 | €184,533 | €240,463 | +€55,929 | +30.3% |
| Amounts receivable within one year | 40/41 | €9,522 | €14,651 | +€5,130 | +53.9% |
| Trade receivables | 40 | €9,376 | €14,647 | +€5,272 | +56.2% |
| Other amounts receivable | 41 | €146 | €4 | -€142 | -97.3% |
| Cash at bank and in hand | 54/58 | €149,346 | €88,526 | -€60,820 | -40.7% |
| Deferred charges and accrued income | 490/1 | €500 | €4,260 | +€3,761 | +752.4% |
| Total equity and liabilities | 10/49 | €477,519 | €466,553 | -€10,966 | -2.3% |
| Equity | 10/15 | €143,143 | €139,377 | -€3,767 | -2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €80,892 | €76,892 | -€4,000 | -4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,692 | €29,692 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €41,000 | -€4,000 | -8.9% |
| Profit (loss) carried forward | 14 | €252 | €485 | +€233 | +92.7% |
| Amounts payable | 17/49 | €334,376 | €327,176 | -€7,200 | -2.2% |
| Amounts payable after more than one year | 17 | €22,850 | €1,156 | -€21,693 | -94.9% |
| Financial debts | 170/4 | €22,850 | €1,156 | -€21,693 | -94.9% |
| Amounts payable within one year | 42/48 | €311,527 | €326,020 | +€14,494 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €23,808 | €21,693 | -€2,115 | -8.9% |
| Trade debts | 44 | €21,543 | €27,738 | +€6,195 | +28.8% |
| Suppliers | 440/4 | €21,543 | €27,738 | +€6,195 | +28.8% |
| Taxes, remuneration and social security | 45 | €40,939 | €36,907 | -€4,032 | -9.8% |
| Taxes | 450/3 | €35,219 | €31,271 | -€3,948 | -11.2% |
| Remuneration and social security | 454/9 | €5,720 | €5,636 | -€84 | -1.5% |
| Other amounts payable | 47/48 | €225,237 | €239,683 | +€14,445 | +6.4% |
| Non-recurring operating income | 76A | €3,567 | €0 | -€3,567 | -100.0% |
| Remuneration, social security and pensions | 62 | €38,897 | €37,014 | -€1,883 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,017 | €21,856 | -€161 | -0.7% |
| Other operating charges | 640/8 | €19,370 | €23,736 | +€4,367 | +22.5% |
| Non-recurring operating charges | 66A | €422 | €0 | -€422 | -100.0% |
| Gross operating margin | 9900 | €115,357 | €112,723 | -€2,634 | -2.3% |
| Operating profit (loss) | 9901 | €34,650 | €30,116 | -€4,535 | -13.1% |
| Financial income | 75/76B | €523 | €465 | -€58 | -11.1% |
| Recurring financial income | 75 | €523 | €465 | -€58 | -11.1% |
| Financial charges | 65/66B | €18,658 | €14,678 | -€3,980 | -21.3% |
| Recurring financial charges | 65 | €18,658 | €14,678 | -€3,980 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €16,515 | €15,902 | -€613 | -3.7% |
| Income taxes | 67/77 | €8,236 | €8,669 | +€433 | +5.3% |
| Profit (loss) for the period | 9904 | €8,279 | €7,233 | -€1,046 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,279 | €7,233 | -€1,046 | -12.6% |
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 7 October 2026 via checked.be.