RONARCH: 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.
RONARCH
Largest movements
- Tangible fixed assets -€16,973
down €16,973 (-22.8%), from €74,558 to €57,586
- Stocks and contracts -€6,657
no longer reported in 2025 (was €6,657)
- Debts after one year -€20,992
down €20,992 (-32.0%), from €65,654 to €44,662
- Profit (loss) carried forward -€4,501
down €4,501 (-6.5%), from -€69,615 to -€74,116
- Gross operating margin +€3,311
up €3,311 (+13.8%), from €24,051 to €27,362
- Financial charges -€462
down €462 (-8.1%), from €5,712 to €5,249
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 | €125,720 | €101,373 | -€24,347 | -19.4% |
| Fixed assets | 21/28 | €74,558 | €57,586 | -€16,973 | -22.8% |
| Tangible fixed assets | 22/27 | €74,558 | €57,586 | -€16,973 | -22.8% |
| Land and buildings | 22 | €74,558 | €57,586 | -€16,973 | -22.8% |
| Current assets | 29/58 | €51,162 | €43,788 | -€7,374 | -14.4% |
| Stocks and contracts in progress | 3 | €6,657 | - | -€6,657 | |
| Stocks | 30/36 | €6,657 | - | -€6,657 | |
| Amounts receivable within one year | 40/41 | €44,154 | €43,788 | -€366 | -0.8% |
| Other amounts receivable | 41 | €44,154 | €43,788 | -€366 | -0.8% |
| Cash at bank and in hand | 54/58 | €351 | - | -€351 | |
| Total equity and liabilities | 10/49 | €125,720 | €101,373 | -€24,347 | -19.4% |
| Equity | 10/15 | -€40,974 | -€45,475 | -€4,501 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,041 | €10,041 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €700 | €700 | = | 0.0% |
| Distributable reserves | 133 | €7,481 | €7,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,615 | -€74,116 | -€4,501 | -6.5% |
| Amounts payable | 17/49 | €166,694 | €146,848 | -€19,846 | -11.9% |
| Amounts payable after more than one year | 17 | €65,654 | €44,662 | -€20,992 | -32.0% |
| Financial debts | 170/4 | €65,654 | €44,662 | -€20,992 | -32.0% |
| Amounts payable within one year | 42/48 | €101,040 | €102,186 | +€1,146 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €19,997 | €20,989 | +€992 | +5.0% |
| Financial debts | 43 | €7,320 | €6,932 | -€388 | -5.3% |
| Credit institutions | 430/8 | €7,320 | €6,932 | -€388 | -5.3% |
| Trade debts | 44 | - | €1,095 | +€1,095 | |
| Suppliers | 440/4 | - | €1,095 | +€1,095 | |
| Taxes, remuneration and social security | 45 | €24,819 | €24,453 | -€366 | -1.5% |
| Taxes | 450/3 | €24,819 | €24,453 | -€366 | -1.5% |
| Other amounts payable | 47/48 | €48,903 | €48,717 | -€186 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,973 | €16,973 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,657 | €6,657 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,910 | €2,984 | +€74 | +2.5% |
| Gross operating margin | 9900 | €24,051 | €27,362 | +€3,311 | +13.8% |
| Operating profit (loss) | 9901 | -€2,489 | €748 | +€3,237 | |
| Financial charges | 65/66B | €5,712 | €5,249 | -€462 | -8.1% |
| Recurring financial charges | 65 | €5,712 | €5,249 | -€462 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,200 | -€4,501 | +€3,699 | +45.1% |
| Profit (loss) for the period | 9904 | -€8,200 | -€4,501 | +€3,699 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,200 | -€4,501 | +€3,699 | +45.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.