RONDO: what changed
What changed
RONDO
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€59,966
2024 · €83,397-€23,432
Equity
€75,600
2024 · €158,997-€83,397
Cash
€41,198
2024 · €46,052-€4,855
Balance sheet total
€663,080
2024 · €681,150-€18,069
Largest movements
Assets
- Deferred charges and accrued income +€30,206
up €30,206 (+66.4%), from €45,509 to €75,715
- Tangible fixed assets -€27,908
down €27,908 (-5.0%), from €555,792 to €527,885
of which Other tangible fixed assets: -€17,929
- Receivables within one year -€15,513
down €15,513 (-45.9%), from €33,796 to €18,283
Equity and liabilities
- Other debts +€87,698
up €87,698 (+2,517%), from €3,484 to €91,182
- Reserves -€83,397
down €83,397 (-53.1%), from €156,997 to €73,600
- Debts after one year -€31,861
down €31,861 (-7.3%), from €436,413 to €404,552
- Tax, wage and social debts +€16,870
up €16,870 (+54.7%), from €30,836 to €47,706
- Trade debts -€8,260
down €8,260 (-41.9%), from €19,714 to €11,455
Income statement
- Depreciation +€12,482
up €12,482 (+47.7%), from €26,149 to €38,631
- Gross operating margin -€9,365
down €9,365 (-6.2%), from €151,199 to €141,834
- Financial charges +€2,857
up €2,857 (+16.0%), from €17,876 to €20,733
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€83,397
Gross operating margin
-€9,365
Depreciation
-€12,482
Other operating charges
+€65
Financial income
-€1
Financial charges
-€2,857
Taxes
+€1,208
Result 2025
€59,966
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€180,212
Investment
-€10,723
Financing
-€174,344
Cash 2024
€46,052
From operations (derived)
+€180,212
Net result for the year
+€59,966
Depreciation
+€38,631
Receivables within one year
+€15,513
Deferred charges and accrued income
-€30,206
Trade debts
-€8,260
Tax, wage and social debts
+€16,870
Other debts
+€87,698
Investment (derived)
-€10,723
Investment in fixed assets (net)
-€10,723
Financing
-€174,344
Debts after one year
-€31,861
Current portion of long-term debt
+€881
Contributions, distributions and other
-€143,363
Cash 2025
€41,198
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €681,150 | €663,080 | -€18,069 | -2.7% |
| Fixed assets | 21/28 | €555,792 | €527,885 | -€27,908 | -5.0% |
| Tangible fixed assets | 22/27 | €555,792 | €527,885 | -€27,908 | -5.0% |
| Land and buildings | 22 | €286,733 | €276,755 | -€9,979 | -3.5% |
| Other tangible fixed assets | 26 | €269,059 | €251,130 | -€17,929 | -6.7% |
| Current assets | 29/58 | €125,357 | €135,196 | +€9,838 | +7.8% |
| Amounts receivable within one year | 40/41 | €33,796 | €18,283 | -€15,513 | -45.9% |
| Trade receivables | 40 | €33,796 | €18,283 | -€15,513 | -45.9% |
| Cash at bank and in hand | 54/58 | €46,052 | €41,198 | -€4,855 | -10.5% |
| Deferred charges and accrued income | 490/1 | €45,509 | €75,715 | +€30,206 | +66.4% |
| Total equity and liabilities | 10/49 | €681,150 | €663,080 | -€18,069 | -2.7% |
| Equity | 10/15 | €158,997 | €75,600 | -€83,397 | -52.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €156,997 | €73,600 | -€83,397 | -53.1% |
| Distributable reserves | 133 | €156,997 | €73,600 | -€83,397 | -53.1% |
| Amounts payable | 17/49 | €522,152 | €587,480 | +€65,328 | +12.5% |
| Amounts payable after more than one year | 17 | €436,413 | €404,552 | -€31,861 | -7.3% |
| Financial debts | 170/4 | €436,413 | €404,552 | -€31,861 | -7.3% |
| Amounts payable within one year | 42/48 | €85,014 | €182,203 | +€97,189 | +114% |
| Current portion of amounts payable after more than one year | 42 | €30,980 | €31,861 | +€881 | +2.8% |
| Trade debts | 44 | €19,714 | €11,455 | -€8,260 | -41.9% |
| Suppliers | 440/4 | €19,714 | €11,455 | -€8,260 | -41.9% |
| Taxes, remuneration and social security | 45 | €30,836 | €47,706 | +€16,870 | +54.7% |
| Taxes | 450/3 | €30,836 | €47,706 | +€16,870 | +54.7% |
| Other amounts payable | 47/48 | €3,484 | €91,182 | +€87,698 | +2,517% |
| Accrued charges and deferred income | 492/3 | €725 | €725 | = | 0.0% |
| Non-recurring operating income | 76A | €9,633 | €2 | -€9,632 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,149 | €38,631 | +€12,482 | +47.7% |
| Other operating charges | 640/8 | €3,409 | €3,344 | -€65 | -1.9% |
| Gross operating margin | 9900 | €151,199 | €141,834 | -€9,365 | -6.2% |
| Operating profit (loss) | 9901 | €121,642 | €99,859 | -€21,782 | -17.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €17,876 | €20,733 | +€2,857 | +16.0% |
| Recurring financial charges | 65 | €17,876 | €20,733 | +€2,857 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €103,766 | €79,126 | -€24,640 | -23.7% |
| Income taxes | 67/77 | €20,369 | €19,161 | -€1,208 | -5.9% |
| Profit (loss) for the period | 9904 | €83,397 | €59,966 | -€23,432 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,397 | €59,966 | -€23,432 | -28.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.