RONECO: 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.
RONECO
Largest movements
- Cash +€4,677
up €4,677 (+1,737%), from €269 to €4,946
mainly Debts after one year (+€35,000) and Trade debts (+€3,349)
- Receivables within one year +€4,603
up €4,603 (+126%), from €3,654 to €8,257
of which Trade receivables: +€5,581
- Stocks and contracts +€3,144
new in 2025: €3,144
- Tangible fixed assets +€1,188
up €1,188 (+96.0%), from €1,238 to €2,427
of which Plant, machinery and equipment: +€1,635
- Debts after one year +€35,000
new in 2025: €35,000
- Other debts -€12,929
down €12,929 (-87.5%), from €14,781 to €1,852
- Profit (loss) carried forward -€11,891
down €11,891 (-52.2%), from -€22,798 to -€34,689
- Trade debts +€3,349
up €3,349 (+430%), from €778 to €4,127
- Gross operating margin -€6,533
down €6,533 (-160%), from -€4,094 to -€10,627
- Depreciation +€137
up €137 (+30.8%), from €446 to €583
- Other operating charges -€123
down €123 (-18.2%), from €676 to €552
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 | €5,161 | €18,774 | +€13,613 | +264% |
| Fixed assets | 21/28 | €1,238 | €2,427 | +€1,188 | +96.0% |
| Tangible fixed assets | 22/27 | €1,238 | €2,427 | +€1,188 | +96.0% |
| Plant, machinery and equipment | 23 | - | €1,635 | +€1,635 | |
| Furniture and vehicles | 24 | €1,238 | €792 | -€446 | -36.0% |
| Current assets | 29/58 | €3,923 | €16,347 | +€12,424 | +317% |
| Stocks and contracts in progress | 3 | - | €3,144 | +€3,144 | |
| Stocks | 30/36 | - | €3,144 | +€3,144 | |
| Amounts receivable within one year | 40/41 | €3,654 | €8,257 | +€4,603 | +126% |
| Trade receivables | 40 | €2,356 | €7,937 | +€5,581 | +237% |
| Other amounts receivable | 41 | €1,298 | €320 | -€978 | -75.4% |
| Cash at bank and in hand | 54/58 | €269 | €4,946 | +€4,677 | +1,737% |
| Total equity and liabilities | 10/49 | €5,161 | €18,774 | +€13,613 | +264% |
| Equity | 10/15 | -€10,398 | -€22,289 | -€11,891 | -114% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,798 | -€34,689 | -€11,891 | -52.2% |
| Amounts payable | 17/49 | €15,560 | €41,063 | +€25,504 | +164% |
| Amounts payable after more than one year | 17 | - | €35,000 | +€35,000 | |
| Financial debts | 170/4 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €15,560 | €6,063 | -€9,496 | -61.0% |
| Trade debts | 44 | €778 | €4,127 | +€3,349 | +430% |
| Suppliers | 440/4 | €778 | €4,127 | +€3,349 | +430% |
| Taxes, remuneration and social security | 45 | - | €84 | +€84 | |
| Taxes | 450/3 | - | €84 | +€84 | |
| Other amounts payable | 47/48 | €14,781 | €1,852 | -€12,929 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €446 | €583 | +€137 | +30.8% |
| Other operating charges | 640/8 | €676 | €552 | -€123 | -18.2% |
| Gross operating margin | 9900 | -€4,094 | -€10,627 | -€6,533 | -160% |
| Operating profit (loss) | 9901 | -€5,216 | -€11,762 | -€6,547 | -126% |
| Financial income | 75/76B | €6 | €53 | +€46 | +726% |
| Recurring financial income | 75 | €6 | €53 | +€46 | +726% |
| Financial charges | 65/66B | €160 | €181 | +€21 | +13.2% |
| Recurring financial charges | 65 | €160 | €181 | +€21 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,369 | -€11,891 | -€6,522 | -121% |
| Profit (loss) for the period | 9904 | -€5,369 | -€11,891 | -€6,522 | -121% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,369 | -€11,891 | -€6,522 | -121% |
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 15 October 2026 via checked.be.