RANTOUR: 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.
RANTOUR
Largest movements
- Tangible fixed assets +€616,947
up €616,947 (+18.5%), from €3.3m to €3.9m
of which Furniture and vehicles: +€590,006
- Receivables within one year +€383,744
up €383,744 (+78.3%), from €489,888 to €873,632
of which Other amounts receivable: +€452,646
- Deferred charges and accrued income +€315,988
up €315,988 (+68.6%), from €460,558 to €776,546
- Intangible fixed assets +€272,466
new in 2025: €272,466
- Cash -€153,715
down €153,715 (-44.1%), from €348,858 to €195,143
mainly Investment in fixed assets (net) (-€1.3m) and Receivables within one year (-€383,744)
- Trade debts +€731,014
up €731,014 (+235.1%), from €310,991 to €1.0m
- Profit (loss) carried forward +€273,077
up €273,077 (+58.6%), from -€465,898 to -€192,821
- Revaluation surpluses +€159,073
up €159,073 (+9.3%), from €1.7m to €1.9m
- Advances received +€150,397
up €150,397 (+21.7%), from €692,879 to €843,276
- Reserves +€90,909
up €90,909 (+8.4%), from €1.1m to €1.2m
of which Distributable reserves: +€90,909
- Gross operating margin +€446,161
up €446,161 (+20.6%), from €2.2m to €2.6m
- Staff costs +€132,334
up €132,334 (+9.4%), from €1.4m to €1.5m
- Taxes +€96,209
up €96,209 (+146.0%), from €65,882 to €162,091
- Depreciation +€59,491
up €59,491 (+15.9%), from €374,020 to €433,511
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 | €5,128,870 | €6,552,897 | +€1.4m | +27.8% |
| Fixed assets | 21/28 | €3,810,374 | €4,699,786 | +€889,413 | +23.3% |
| Intangible fixed assets | 21 | - | €272,466 | +€272,466 | |
| Tangible fixed assets | 22/27 | €3,327,623 | €3,944,570 | +€616,947 | +18.5% |
| Land and buildings | 22 | €1,316,234 | €1,331,494 | +€15,260 | +1.2% |
| Plant, machinery and equipment | 23 | €17,388 | €29,069 | +€11,681 | +67.2% |
| Furniture and vehicles | 24 | €1,994,002 | €2,584,008 | +€590,006 | +29.6% |
| Financial fixed assets | 28 | €482,750 | €482,750 | = | 0.0% |
| Current assets | 29/58 | €1,318,496 | €1,853,110 | +€534,614 | +40.5% |
| Stocks and contracts in progress | 3 | €19,193 | €7,790 | -€11,404 | -59.4% |
| Stocks | 30/36 | €19,193 | €7,790 | -€11,404 | -59.4% |
| Amounts receivable within one year | 40/41 | €489,888 | €873,632 | +€383,744 | +78.3% |
| Trade receivables | 40 | €485,757 | €416,856 | -€68,902 | -14.2% |
| Other amounts receivable | 41 | €4,130 | €456,776 | +€452,646 | +10959.0% |
| Cash at bank and in hand | 54/58 | €348,858 | €195,143 | -€153,715 | -44.1% |
| Deferred charges and accrued income | 490/1 | €460,558 | €776,546 | +€315,988 | +68.6% |
| Total equity and liabilities | 10/49 | €5,128,870 | €6,552,897 | +€1.4m | +27.8% |
| Equity | 10/15 | €2,620,663 | €3,143,722 | +€523,059 | +20.0% |
| Contributions | 10/11 | €291,145 | €291,145 | = | 0.0% |
| Capital | 10 | €220,000 | €220,000 | = | 0.0% |
| Issued capital | 100 | €220,000 | €220,000 | = | 0.0% |
| Outside capital | 11 | €71,145 | €71,145 | = | 0.0% |
| Share premium | 1100/10 | €71,145 | €71,145 | = | 0.0% |
| Revaluation surpluses | 12 | €1,706,699 | €1,865,772 | +€159,073 | +9.3% |
| Reserves | 13 | €1,088,717 | €1,179,626 | +€90,909 | +8.4% |
| Non-distributable reserves | 130/1 | €21,145 | €21,145 | = | 0.0% |
| Legal reserve | 130 | €21,145 | €21,145 | = | 0.0% |
| Tax-exempt reserves | 132 | €881,466 | €881,466 | = | 0.0% |
| Distributable reserves | 133 | €186,106 | €277,015 | +€90,909 | +48.8% |
| Profit (loss) carried forward | 14 | -€465,898 | -€192,821 | +€273,077 | +58.6% |
| Amounts payable | 17/49 | €2,508,207 | €3,409,174 | +€900,968 | +35.9% |
| Amounts payable after more than one year | 17 | €875,798 | €838,616 | -€37,183 | -4.2% |
| Financial debts | 170/4 | €875,798 | €838,616 | -€37,183 | -4.2% |
| Amounts payable within one year | 42/48 | €1,562,141 | €2,485,785 | +€923,644 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €384,008 | €445,439 | +€61,431 | +16.0% |
| Trade debts | 44 | €310,991 | €1,042,004 | +€731,014 | +235.1% |
| Suppliers | 440/4 | €310,991 | €1,042,004 | +€731,014 | +235.1% |
| Advances received on contracts in progress | 46 | €692,879 | €843,276 | +€150,397 | +21.7% |
| Taxes, remuneration and social security | 45 | €133,691 | €150,493 | +€16,802 | +12.6% |
| Taxes | 450/3 | €1,444 | €12,003 | +€10,559 | +731.2% |
| Remuneration and social security | 454/9 | €132,247 | €138,490 | +€6,243 | +4.7% |
| Other amounts payable | 47/48 | €40,572 | €4,572 | -€36,000 | -88.7% |
| Accrued charges and deferred income | 492/3 | €70,268 | €84,774 | +€14,506 | +20.6% |
| Non-recurring operating income | 76A | €40,950 | €82,468 | +€41,518 | +101.4% |
| Remuneration, social security and pensions | 62 | €1,403,102 | €1,535,436 | +€132,334 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374,020 | €433,511 | +€59,491 | +15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €56,060 | €63,333 | +€7,273 | +13.0% |
| Gross operating margin | 9900 | €2,164,643 | €2,610,804 | +€446,161 | +20.6% |
| Operating profit (loss) | 9901 | €331,462 | €578,525 | +€247,064 | +74.5% |
| Financial income | 75/76B | €79 | €14,475 | +€14,396 | +18274.1% |
| Recurring financial income | 75 | €79 | €14,475 | +€14,396 | +18274.1% |
| Financial charges | 65/66B | €58,745 | €66,923 | +€8,178 | +13.9% |
| Recurring financial charges | 65 | €58,745 | €66,923 | +€8,178 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €272,796 | €526,077 | +€253,282 | +92.8% |
| Income taxes | 67/77 | €65,882 | €162,091 | +€96,209 | +146.0% |
| Profit (loss) for the period | 9904 | €206,913 | €363,986 | +€157,073 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €206,913 | €363,986 | +€157,073 | +75.9% |
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 4 October 2026 via checked.be.