RONASME: 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.
RONASME
Largest movements
- Cash -€33,457
down €33,457 (-86.8%), from €38,546 to €5,089
mainly Investment in fixed assets (net) (-€34,707) and Receivables within one year (-€20,539)
- Receivables within one year +€20,539
up €20,539 (+96.2%), from €21,345 to €41,884
of which Trade receivables: +€21,537
- Tax, wage and social debts +€20,695
up €20,695 (+151%), from €13,732 to €34,427
- Reserves -€17,656
down €17,656 (-3.4%), from €520,358 to €502,701
of which Tax-exempt reserves: -€17,656
- Write-downs -€16,604
no longer reported in 2025 (was €16,604)
- Other operating charges +€9,851
up €9,851 (+150%), from €6,570 to €16,421
- Gross operating margin -€9,027
down €9,027 (-12.9%), from €69,895 to €60,868
- Taxes +€2,007
up €2,007 (+18.9%), from €10,642 to €12,648
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 | €1,742,895 | €1,721,734 | -€21,161 | -1.2% |
| Fixed assets | 21/28 | €1,680,251 | €1,672,446 | -€7,805 | -0.5% |
| Tangible fixed assets | 22/27 | €1,680,251 | €1,672,446 | -€7,805 | -0.5% |
| Land and buildings | 22 | €1,680,251 | €1,672,446 | -€7,805 | -0.5% |
| Current assets | 29/58 | €62,645 | €49,288 | -€13,356 | -21.3% |
| Amounts receivable within one year | 40/41 | €21,345 | €41,884 | +€20,539 | +96.2% |
| Trade receivables | 40 | €20,347 | €41,884 | +€21,537 | +106% |
| Other amounts receivable | 41 | €998 | - | -€998 | |
| Cash at bank and in hand | 54/58 | €38,546 | €5,089 | -€33,457 | -86.8% |
| Deferred charges and accrued income | 490/1 | €2,754 | €2,315 | -€439 | -15.9% |
| Total equity and liabilities | 10/49 | €1,742,895 | €1,721,734 | -€21,161 | -1.2% |
| Equity | 10/15 | €1,031,986 | €1,012,224 | -€19,762 | -1.9% |
| Contributions | 10/11 | €22,689 | €22,689 | = | 0.0% |
| Reserves | 13 | €520,358 | €502,701 | -€17,656 | -3.4% |
| Tax-exempt reserves | 132 | €518,089 | €500,433 | -€17,656 | -3.4% |
| Distributable reserves | 133 | €2,269 | €2,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €488,940 | €486,834 | -€2,106 | -0.4% |
| Provisions and deferred taxes | 16 | €172,765 | €166,879 | -€5,885 | -3.4% |
| Deferred taxes | 168 | €172,765 | €166,879 | -€5,885 | -3.4% |
| Amounts payable | 17/49 | €538,144 | €542,631 | +€4,487 | +0.8% |
| Amounts payable after more than one year | 17 | €429,602 | €415,271 | -€14,331 | -3.3% |
| Financial debts | 170/4 | €422,464 | €393,795 | -€28,669 | -6.8% |
| Other amounts payable | 178/9 | €7,138 | €21,477 | +€14,339 | +201% |
| Amounts payable within one year | 42/48 | €99,310 | €117,842 | +€18,532 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €28,062 | €28,669 | +€608 | +2.2% |
| Trade debts | 44 | €10,558 | €3,962 | -€6,596 | -62.5% |
| Suppliers | 440/4 | €10,558 | €3,962 | -€6,596 | -62.5% |
| Taxes, remuneration and social security | 45 | €13,732 | €34,427 | +€20,695 | +151% |
| Taxes | 450/3 | €13,732 | €34,427 | +€20,695 | +151% |
| Other amounts payable | 47/48 | €46,959 | €50,783 | +€3,825 | +8.1% |
| Accrued charges and deferred income | 492/3 | €9,232 | €9,517 | +€286 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,967 | €42,511 | +€544 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,604 | - | -€16,604 | |
| Other operating charges | 640/8 | €6,570 | €16,421 | +€9,851 | +150% |
| Gross operating margin | 9900 | €69,895 | €60,868 | -€9,027 | -12.9% |
| Operating profit (loss) | 9901 | €4,754 | €1,936 | -€2,818 | -59.3% |
| Financial income | 75/76B | €1 | €1 | +€1 | +79.7% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +79.7% |
| Financial charges | 65/66B | €15,598 | €14,936 | -€661 | -4.2% |
| Recurring financial charges | 65 | €15,598 | €14,936 | -€661 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,843 | -€12,999 | -€2,156 | -19.9% |
| Transfer from deferred taxes | 780 | €5,885 | €5,885 | +€0 | 0.0% |
| Income taxes | 67/77 | €10,642 | €12,648 | +€2,007 | +18.9% |
| Profit (loss) for the period | 9904 | -€15,600 | -€19,762 | -€4,162 | -26.7% |
| Transfer from tax-exempt reserves | 789 | €17,656 | €17,656 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,056 | -€2,106 | -€4,162 |
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 17 October 2026 via checked.be.