RNG: 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.
RNG
Largest movements
- Cash -€110,517
down €110,517 (-64.6%), from €171,025 to €60,508
mainly Contributions, distributions and other (-€42,400) and Receivables within one year (-€38,674)
- Receivables within one year +€38,674
new in 2025: €38,674
- Tangible fixed assets -€21,283
down €21,283 (-15.2%), from €139,934 to €118,651
- Stocks and contracts +€12,430
up €12,430 (+414%), from €3,000 to €15,430
- Tax, wage and social debts -€37,737
down €37,737 (-79.3%), from €47,595 to €9,858
- Trade debts -€33,563
down €33,563 (-67.9%), from €49,461 to €15,898
- Reserves -€20,178
down €20,178 (-49.1%), from €41,094 to €20,916
- Debts after one year +€9,027
up €9,027 (+10.4%), from €87,162 to €96,190
- Depreciation +€6,898
up €6,898 (+13.7%), from €50,492 to €57,390
- Gross operating margin -€5,639
down €5,639 (-6.2%), from €91,649 to €86,011
- Financial income +€2,718
up €2,718 (+47.9%), from €5,669 to €8,386
- Taxes -€1,818
down €1,818 (-15.8%), from €11,518 to €9,700
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 | €313,959 | €234,638 | -€79,320 | -25.3% |
| Fixed assets | 21/28 | €139,934 | €118,651 | -€21,283 | -15.2% |
| Tangible fixed assets | 22/27 | €139,934 | €118,651 | -€21,283 | -15.2% |
| Plant, machinery and equipment | 23 | €90,432 | €81,479 | -€8,953 | -9.9% |
| Furniture and vehicles | 24 | €11,495 | €8,240 | -€3,256 | -28.3% |
| Leasing and similar rights | 25 | €38,007 | €28,933 | -€9,074 | -23.9% |
| Current assets | 29/58 | €174,025 | €115,988 | -€58,038 | -33.4% |
| Stocks and contracts in progress | 3 | €3,000 | €15,430 | +€12,430 | +414% |
| Stocks | 30/36 | €3,000 | €15,430 | +€12,430 | +414% |
| Amounts receivable within one year | 40/41 | - | €38,674 | +€38,674 | |
| Other amounts receivable | 41 | - | €38,674 | +€38,674 | |
| Cash at bank and in hand | 54/58 | €171,025 | €60,508 | -€110,517 | -64.6% |
| Deferred charges and accrued income | 490/1 | - | €1,376 | +€1,376 | |
| Total equity and liabilities | 10/49 | €313,959 | €234,638 | -€79,320 | -25.3% |
| Equity | 10/15 | €46,094 | €25,916 | -€20,178 | -43.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,094 | €20,916 | -€20,178 | -49.1% |
| Distributable reserves | 133 | €41,094 | €20,916 | -€20,178 | -49.1% |
| Amounts payable | 17/49 | €267,865 | €208,723 | -€59,142 | -22.1% |
| Amounts payable after more than one year | 17 | €87,162 | €96,190 | +€9,027 | +10.4% |
| Financial debts | 170/4 | €87,162 | €96,190 | +€9,027 | +10.4% |
| Amounts payable within one year | 42/48 | €180,703 | €112,533 | -€68,170 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €37,127 | €40,210 | +€3,084 | +8.3% |
| Trade debts | 44 | €49,461 | €15,898 | -€33,563 | -67.9% |
| Suppliers | 440/4 | €49,461 | €15,898 | -€33,563 | -67.9% |
| Taxes, remuneration and social security | 45 | €47,595 | €9,858 | -€37,737 | -79.3% |
| Taxes | 450/3 | €47,595 | €9,858 | -€37,737 | -79.3% |
| Other amounts payable | 47/48 | €46,520 | €46,566 | +€46 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,492 | €57,390 | +€6,898 | +13.7% |
| Other operating charges | 640/8 | €712 | €840 | +€128 | +18.0% |
| Gross operating margin | 9900 | €91,649 | €86,011 | -€5,639 | -6.2% |
| Operating profit (loss) | 9901 | €40,445 | €27,781 | -€12,664 | -31.3% |
| Financial income | 75/76B | €5,669 | €8,386 | +€2,718 | +47.9% |
| Recurring financial income | 75 | €5,669 | €8,386 | +€2,718 | +47.9% |
| Financial charges | 65/66B | €4,183 | €4,245 | +€62 | +1.5% |
| Recurring financial charges | 65 | €4,183 | €4,245 | +€62 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €41,931 | €31,922 | -€10,009 | -23.9% |
| Income taxes | 67/77 | €11,518 | €9,700 | -€1,818 | -15.8% |
| Profit (loss) for the period | 9904 | €30,413 | €22,222 | -€8,191 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,413 | €22,222 | -€8,191 | -26.9% |
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 22 October 2026 via checked.be.