Ronald Palace: 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.
Ronald Palace
Largest movements
- Stocks and contracts -€15,579
down €15,579 (-47.1%), from €33,084 to €17,505
- Cash -€3,200
down €3,200 (-30.5%), from €10,497 to €7,297
mainly Net result for the year (-€14,748) and Trade debts (-€1,948)
- Receivables within one year +€661
up €661 (+741%), from €89 to €750
- Profit (loss) carried forward -€14,748
down €14,748 (-53.2%), from -€27,744 to -€42,492
- Trade debts -€1,948
down €1,948 (-34.9%), from €5,580 to €3,632
- Tax, wage and social debts -€1,292
down €1,292 (-16.5%), from €7,850 to €6,558
of which Taxes: -€2,292
- Gross operating margin -€13,873
down €13,873, from €568 to -€13,305
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 | €43,852 | €25,864 | -€17,989 | -41.0% |
| Current assets | 29/58 | €43,852 | €25,864 | -€17,989 | -41.0% |
| Stocks and contracts in progress | 3 | €33,084 | €17,505 | -€15,579 | -47.1% |
| Stocks | 30/36 | €33,084 | €17,505 | -€15,579 | -47.1% |
| Amounts receivable within one year | 40/41 | €89 | €750 | +€661 | +741% |
| Trade receivables | 40 | €89 | €750 | +€661 | +741% |
| Cash at bank and in hand | 54/58 | €10,497 | €7,297 | -€3,200 | -30.5% |
| Deferred charges and accrued income | 490/1 | €182 | €312 | +€130 | +71.2% |
| Total equity and liabilities | 10/49 | €43,852 | €25,864 | -€17,989 | -41.0% |
| Equity | 10/15 | -€9,144 | -€23,892 | -€14,748 | -161% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,744 | -€42,492 | -€14,748 | -53.2% |
| Amounts payable | 17/49 | €52,996 | €49,755 | -€3,241 | -6.1% |
| Amounts payable within one year | 42/48 | €52,996 | €49,755 | -€3,241 | -6.1% |
| Trade debts | 44 | €5,580 | €3,632 | -€1,948 | -34.9% |
| Suppliers | 440/4 | €5,580 | €3,632 | -€1,948 | -34.9% |
| Taxes, remuneration and social security | 45 | €7,850 | €6,558 | -€1,292 | -16.5% |
| Taxes | 450/3 | €6,350 | €4,058 | -€2,292 | -36.1% |
| Remuneration and social security | 454/9 | €1,500 | €2,500 | +€1,000 | +66.7% |
| Other amounts payable | 47/48 | €39,566 | €39,566 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €568 | -€13,305 | -€13,873 | |
| Operating profit (loss) | 9901 | -€1 | -€13,890 | -€13,889 | -1,462,047% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €948 | €858 | -€91 | -9.6% |
| Recurring financial charges | 65 | €948 | €858 | -€91 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€949 | -€14,748 | -€13,799 | -1,454% |
| Profit (loss) for the period | 9904 | -€949 | -€14,748 | -€13,799 | -1,454% |
| Profit (loss) for the period to be appropriated | 9905 | -€949 | -€14,748 | -€13,799 | -1,454% |
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 24 October 2026 via checked.be.