Ron-Ops: 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-Ops
Largest movements
- Cash +€11,195
up €11,195 (+16.0%), from €69,758 to €80,954
mainly Net result for the year (+€34,520) and Depreciation (+€5,008)
- Receivables within one year +€7,511
up €7,511 (+72.7%), from €10,330 to €17,841
of which Trade receivables: +€6,725
- Receivables after one year -€5,000
no longer reported in 2025 (was €5,000)
- Tangible fixed assets -€1,877
down €1,877 (-16.7%), from €11,245 to €9,368
of which Plant, machinery and equipment: -€1,276
- Reserves +€9,520
up €9,520 (+11.1%), from €85,462 to €94,981
- Tax, wage and social debts +€3,060
up €3,060 (+46.2%), from €6,625 to €9,685
of which Remuneration and social security: +€2,473
- Gross operating margin +€2,017
up €2,017 (+4.2%), from €47,738 to €49,755
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 | €96,333 | €108,163 | +€11,830 | +12.3% |
| Fixed assets | 21/28 | €11,245 | €9,368 | -€1,877 | -16.7% |
| Tangible fixed assets | 22/27 | €11,245 | €9,368 | -€1,877 | -16.7% |
| Plant, machinery and equipment | 23 | €3,714 | €2,438 | -€1,276 | -34.4% |
| Furniture and vehicles | 24 | €5,281 | €4,933 | -€349 | -6.6% |
| Other tangible fixed assets | 26 | €2,250 | €1,998 | -€252 | -11.2% |
| Current assets | 29/58 | €85,088 | €98,795 | +€13,706 | +16.1% |
| Amounts receivable after more than one year | 29 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 291 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €10,330 | €17,841 | +€7,511 | +72.7% |
| Trade receivables | 40 | €10,330 | €17,055 | +€6,725 | +65.1% |
| Other amounts receivable | 41 | - | €786 | +€786 | |
| Cash at bank and in hand | 54/58 | €69,758 | €80,954 | +€11,195 | +16.0% |
| Total equity and liabilities | 10/49 | €96,333 | €108,163 | +€11,830 | +12.3% |
| Equity | 10/15 | €88,462 | €97,981 | +€9,520 | +10.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €85,462 | €94,981 | +€9,520 | +11.1% |
| Distributable reserves | 133 | €85,462 | €94,981 | +€9,520 | +11.1% |
| Amounts payable | 17/49 | €7,872 | €10,182 | +€2,310 | +29.3% |
| Amounts payable within one year | 42/48 | €7,872 | €10,182 | +€2,310 | +29.3% |
| Trade debts | 44 | €911 | €254 | -€657 | -72.1% |
| Suppliers | 440/4 | €911 | €254 | -€657 | -72.1% |
| Taxes, remuneration and social security | 45 | €6,625 | €9,685 | +€3,060 | +46.2% |
| Taxes | 450/3 | €6,625 | €7,212 | +€587 | +8.9% |
| Remuneration and social security | 454/9 | - | €2,473 | +€2,473 | |
| Other amounts payable | 47/48 | €336 | €243 | -€93 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,822 | €5,008 | +€186 | +3.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €47,738 | €49,755 | +€2,017 | +4.2% |
| Operating profit (loss) | 9901 | €42,348 | €44,227 | +€1,879 | +4.4% |
| Financial income | 75/76B | €98 | €0 | -€98 | -99.6% |
| Recurring financial income | 75 | €98 | €0 | -€98 | -99.6% |
| Financial charges | 65/66B | €135 | €334 | +€199 | +147.1% |
| Recurring financial charges | 65 | €135 | €334 | +€199 | +147.1% |
| Profit (loss) for the period before taxes | 9903 | €42,311 | €43,894 | +€1,583 | +3.7% |
| Income taxes | 67/77 | €9,188 | €9,374 | +€186 | +2.0% |
| Profit (loss) for the period | 9904 | €33,123 | €34,520 | +€1,397 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,123 | €34,520 | +€1,397 | +4.2% |
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 8 October 2026 via checked.be.