RONALIMM: 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.
RONALIMM
Largest movements
- Current investments +€85,460
new in 2025: €85,460
- Tangible fixed assets -€62,514
down €62,514 (-6.5%), from €968,353 to €905,839
of which Land and buildings: -€54,297
- Cash -€39,332
down €39,332 (-24.2%), from €162,732 to €123,400
mainly Trade debts (-€123,783) and Current investments (-€85,460)
- Reserves +€182,969
up €182,969 (+22.6%), from €811,200 to €994,169
of which Distributable reserves: +€182,969
- Trade debts -€123,783
down €123,783 (-51.3%), from €241,430 to €117,647
- Debts after one year -€49,000
down €49,000 (-84.5%), from €58,000 to €9,000
- Other debts -€14,466
down €14,466 (-39.3%), from €36,815 to €22,349
- Gross operating margin -€31,444
down €31,444 (-7.7%), from €407,078 to €375,634
- Taxes -€16,855
down €16,855 (-18.1%), from €93,029 to €76,174
- Depreciation +€6,993
up €6,993 (+8.2%), from €85,310 to €92,304
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 | €1,243,735 | €1,235,463 | -€8,272 | -0.7% |
| Fixed assets | 21/28 | €968,353 | €905,839 | -€62,514 | -6.5% |
| Tangible fixed assets | 22/27 | €968,353 | €905,839 | -€62,514 | -6.5% |
| Land and buildings | 22 | €937,438 | €883,141 | -€54,297 | -5.8% |
| Plant, machinery and equipment | 23 | €20,119 | €16,585 | -€3,533 | -17.6% |
| Furniture and vehicles | 24 | €9,692 | €5,009 | -€4,683 | -48.3% |
| Other tangible fixed assets | 26 | €1,104 | €1,104 | = | 0.0% |
| Current assets | 29/58 | €275,382 | €329,624 | +€54,242 | +19.7% |
| Amounts receivable within one year | 40/41 | €106,576 | €114,619 | +€8,043 | +7.5% |
| Trade receivables | 40 | €99,605 | €103,756 | +€4,151 | +4.2% |
| Other amounts receivable | 41 | €6,971 | €10,863 | +€3,892 | +55.8% |
| Current investments | 50/53 | - | €85,460 | +€85,460 | |
| Cash at bank and in hand | 54/58 | €162,732 | €123,400 | -€39,332 | -24.2% |
| Deferred charges and accrued income | 490/1 | €6,074 | €6,144 | +€71 | +1.2% |
| Total equity and liabilities | 10/49 | €1,243,735 | €1,235,463 | -€8,272 | -0.7% |
| Equity | 10/15 | €886,200 | €1,069,169 | +€182,969 | +20.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €811,200 | €994,169 | +€182,969 | +22.6% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €803,700 | €986,669 | +€182,969 | +22.8% |
| Amounts payable | 17/49 | €357,534 | €166,294 | -€191,240 | -53.5% |
| Amounts payable after more than one year | 17 | €58,000 | €9,000 | -€49,000 | -84.5% |
| Financial debts | 170/4 | €58,000 | €9,000 | -€49,000 | -84.5% |
| Amounts payable within one year | 42/48 | €288,479 | €150,826 | -€137,653 | -47.7% |
| Trade debts | 44 | €241,430 | €117,647 | -€123,783 | -51.3% |
| Suppliers | 440/4 | €241,430 | €117,647 | -€123,783 | -51.3% |
| Taxes, remuneration and social security | 45 | €10,234 | €10,830 | +€595 | +5.8% |
| Taxes | 450/3 | €10,234 | €10,830 | +€595 | +5.8% |
| Other amounts payable | 47/48 | €36,815 | €22,349 | -€14,466 | -39.3% |
| Accrued charges and deferred income | 492/3 | €11,055 | €6,468 | -€4,587 | -41.5% |
| Non-recurring operating income | 76A | - | €30,722 | +€30,722 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,310 | €92,304 | +€6,993 | +8.2% |
| Other operating charges | 640/8 | €11,467 | €13,167 | +€1,700 | +14.8% |
| Non-recurring operating charges | 66A | - | €146 | +€146 | |
| Gross operating margin | 9900 | €407,078 | €375,634 | -€31,444 | -7.7% |
| Operating profit (loss) | 9901 | €310,300 | €270,018 | -€40,283 | -13.0% |
| Financial income | 75/76B | €436 | €218 | -€219 | -50.1% |
| Recurring financial income | 75 | €436 | €218 | -€219 | -50.1% |
| Financial charges | 65/66B | €11,123 | €11,093 | -€30 | -0.3% |
| Recurring financial charges | 65 | €11,123 | €11,093 | -€30 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €299,614 | €259,142 | -€40,472 | -13.5% |
| Income taxes | 67/77 | €93,029 | €76,174 | -€16,855 | -18.1% |
| Profit (loss) for the period | 9904 | €206,586 | €182,969 | -€23,617 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €206,586 | €182,969 | -€23,617 | -11.4% |
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 7 October 2026 via checked.be.