RON: 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.
RON
Largest movements
- Receivables within one year +€30,556
up €30,556 (+1441.1%), from €2,120 to €32,676
of which Trade receivables: +€18,940
- Tangible fixed assets +€24,010
new in 2026: €24,010
- Stocks and contracts -€20,355
no longer reported in 2026 (was €20,355)
- Cash +€3,534
up €3,534 (+5132.8%), from €69 to €3,603
mainly Stocks and contracts (+€20,355) and Debts after one year (+€16,832)
- Debts after one year +€16,832
new in 2026: €16,832
- Profit (loss) carried forward +€10,958
up €10,958 (+13.6%), from -€80,849 to -€69,891
- Other debts +€5,509
up €5,509 (+15.6%), from €35,226 to €40,734
- Current portion of long-term debt +€3,232
new in 2026: €3,232
- Trade debts +€1,562
up €1,562 (+90805.2%), from €2 to €1,564
- Gross operating margin +€16,331
up €16,331, from -€535 to €15,795
- Depreciation +€2,872
new in 2026: €2,872
- Financial charges +€918
up €918 (+2039.5%), from €45 to €963
- Other operating charges +€448
up €448 (+80.9%), from €554 to €1,002
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,549 | €60,642 | +€38,093 | +168.9% |
| Fixed assets | 21/28 | - | €24,010 | +€24,010 | |
| Tangible fixed assets | 22/27 | - | €24,010 | +€24,010 | |
| Leasing and similar rights | 25 | - | €24,010 | +€24,010 | |
| Current assets | 29/58 | €22,549 | €36,632 | +€14,083 | +62.5% |
| Stocks and contracts in progress | 3 | €20,355 | - | -€20,355 | |
| Stocks | 30/36 | €20,355 | - | -€20,355 | |
| Amounts receivable within one year | 40/41 | €2,120 | €32,676 | +€30,556 | +1441.1% |
| Trade receivables | 40 | - | €18,940 | +€18,940 | |
| Other amounts receivable | 41 | €2,120 | €13,737 | +€11,616 | +547.8% |
| Cash at bank and in hand | 54/58 | €69 | €3,603 | +€3,534 | +5132.8% |
| Deferred charges and accrued income | 490/1 | €5 | €353 | +€348 | +6631.4% |
| Total equity and liabilities | 10/49 | €22,549 | €60,642 | +€38,093 | +168.9% |
| Equity | 10/15 | -€12,678 | -€1,720 | +€10,958 | +86.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Outside capital | 11 | €61,973 | €61,973 | = | 0.0% |
| Share premium | 1100/10 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,849 | -€69,891 | +€10,958 | +13.6% |
| Amounts payable | 17/49 | €35,227 | €62,362 | +€27,135 | +77.0% |
| Amounts payable after more than one year | 17 | - | €16,832 | +€16,832 | |
| Financial debts | 170/4 | - | €16,832 | +€16,832 | |
| Amounts payable within one year | 42/48 | €35,227 | €45,530 | +€10,302 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,232 | +€3,232 | |
| Trade debts | 44 | €2 | €1,564 | +€1,562 | +90805.2% |
| Suppliers | 440/4 | €2 | €1,564 | +€1,562 | +90805.2% |
| Other amounts payable | 47/48 | €35,226 | €40,734 | +€5,509 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,872 | +€2,872 | |
| Other operating charges | 640/8 | €554 | €1,002 | +€448 | +80.9% |
| Gross operating margin | 9900 | -€535 | €15,795 | +€16,331 | |
| Operating profit (loss) | 9901 | -€1,090 | €11,921 | +€13,010 | |
| Financial charges | 65/66B | €45 | €963 | +€918 | +2039.5% |
| Recurring financial charges | 65 | €45 | €963 | +€918 | +2039.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,135 | €10,958 | +€12,093 | |
| Profit (loss) for the period | 9904 | -€1,135 | €10,958 | +€12,093 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,135 | €10,958 | +€12,093 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.