RONDINI: 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.
RONDINI
Largest movements
- Tangible fixed assets -€22,767
down €22,767 (-36.2%), from €62,948 to €40,181
of which Plant, machinery and equipment: -€14,263
- Deferred charges and accrued income -€4,655
down €4,655 (-100%), from €4,655 to €0
- Cash -€2,337
down €2,337 (-1.5%), from €151,352 to €149,015
mainly Net result for the year (-€37,605) and Investment in fixed assets (net) (-€6,859)
- Profit (loss) carried forward -€63,338
down €63,338 (-42.8%), from -€148,151 to -€211,489
- Reserves +€25,733
up €25,733 (+11.5%), from €223,170 to €248,903
of which Distributable reserves: +€25,733
- Other debts +€8,061
up €8,061 (+5.8%), from €138,914 to €146,975
- Other operating charges +€8,450
up €8,450 (+1,352%), from €625 to €9,075
- Purchases and services +€7,962
up €7,962 (+194%), from €4,113 to €12,075
- Turnover +€3,000
new in 2025: €3,000
- Depreciation +€1,280
up €1,280 (+4.5%), from €28,596 to €29,876
- Financial charges +€802
new in 2025: €802
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 | €219,705 | €190,319 | -€29,386 | -13.4% |
| Fixed assets | 21/28 | €63,698 | €40,681 | -€23,017 | -36.1% |
| Intangible fixed assets | 21 | €750 | €500 | -€250 | -33.4% |
| Tangible fixed assets | 22/27 | €62,948 | €40,181 | -€22,767 | -36.2% |
| Plant, machinery and equipment | 23 | €37,714 | €23,451 | -€14,263 | -37.8% |
| Furniture and vehicles | 24 | €1,487 | €0 | -€1,487 | -100% |
| Other tangible fixed assets | 26 | €23,747 | €16,730 | -€7,017 | -29.5% |
| Current assets | 29/58 | €156,007 | €149,638 | -€6,369 | -4.1% |
| Amounts receivable within one year | 40/41 | - | €623 | +€623 | |
| Trade receivables | 40 | - | €623 | +€623 | |
| Cash at bank and in hand | 54/58 | €151,352 | €149,015 | -€2,337 | -1.5% |
| Deferred charges and accrued income | 490/1 | €4,655 | €0 | -€4,655 | -100% |
| Total equity and liabilities | 10/49 | €219,705 | €190,319 | -€29,386 | -13.4% |
| Equity | 10/15 | €75,019 | €37,414 | -€37,605 | -50.1% |
| Reserves | 13 | €223,170 | €248,903 | +€25,733 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €221,310 | €247,043 | +€25,733 | +11.6% |
| Profit (loss) carried forward | 14 | -€148,151 | -€211,489 | -€63,338 | -42.8% |
| Provisions and deferred taxes | 16 | €5,000 | €5,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €5,000 | = | 0.0% |
| Taxes | 161 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €139,686 | €147,905 | +€8,219 | +5.9% |
| Amounts payable within one year | 42/48 | €139,686 | €147,905 | +€8,219 | +5.9% |
| Trade debts | 44 | €438 | €930 | +€492 | +112% |
| Bills of exchange payable | 441 | €438 | €930 | +€492 | +112% |
| Taxes, remuneration and social security | 45 | €334 | - | -€334 | |
| Taxes | 450/3 | €334 | - | -€334 | |
| Other amounts payable | 47/48 | €138,914 | €146,975 | +€8,061 | +5.8% |
| Turnover | 70 | - | €3,000 | +€3,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,113 | €12,075 | +€7,962 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,596 | €29,876 | +€1,280 | +4.5% |
| Other operating charges | 640/8 | €625 | €9,075 | +€8,450 | +1,352% |
| Operating profit (loss) | 9901 | -€29,221 | -€38,951 | -€9,730 | -33.3% |
| Financial income | 75/76B | €1,801 | €2,148 | +€347 | +19.3% |
| Recurring financial income | 75 | €1,386 | €2,148 | +€762 | +54.9% |
| Non-recurring financial income | 76B | €414 | - | -€414 | |
| Financial charges | 65/66B | - | €802 | +€802 | |
| Recurring financial charges | 65 | - | €802 | +€802 | |
| Profit (loss) for the period before taxes | 9903 | -€27,420 | -€37,605 | -€10,185 | -37.1% |
| Profit (loss) for the period | 9904 | -€27,420 | -€37,605 | -€10,185 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,420 | -€37,605 | -€10,185 | -37.1% |
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.