RONG: what changed
Two fiscal 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.
RONG
Largest movements
- Formation expenses -€14,286
no longer reported in 2025 (was €14,286)
- Cash +€6,901
up €6,901 (+13.3%), from €52,055 to €58,956
mainly Depreciation (+€15,966) and Tax, wage and social debts (+€7,245)
- Receivables within one year -€4,594
down €4,594 (-24.6%), from €18,638 to €14,044
of which Other amounts receivable: -€3,459
- Stocks and contracts +€3,545
up €3,545 (+68.4%), from €5,181 to €8,726
- Tangible fixed assets -€1,680
down €1,680 (-18.2%), from €9,247 to €7,567
- Profit (loss) carried forward -€10,929
down €10,929 (-15.7%), from €69,512 to €58,583
- Other debts -€10,866
down €10,866 (-85.2%), from €12,749 to €1,883
- Tax, wage and social debts +€7,245
up €7,245 (+45.5%), from €15,910 to €23,155
of which Remuneration and social security: +€9,161
- Trade debts +€5,745
up €5,745 (+80.1%), from €7,176 to €12,921
- Staff costs +€38,807
up €38,807 (+54.2%), from €71,535 to €110,342
- Gross operating margin +€10,157
up €10,157 (+9.2%), from €110,974 to €121,131
- Financial charges +€2,273
up €2,273 (+230.5%), from €986 to €3,259
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 | €112,586 | €103,362 | -€9,224 | -8.2% |
| Formation expenses | 20 | €14,286 | - | -€14,286 | |
| Fixed assets | 21/28 | €21,618 | €19,938 | -€1,680 | -7.8% |
| Tangible fixed assets | 22/27 | €9,247 | €7,567 | -€1,680 | -18.2% |
| Plant, machinery and equipment | 23 | €9,247 | €7,567 | -€1,680 | -18.2% |
| Financial fixed assets | 28 | €12,371 | €12,371 | = | 0.0% |
| Current assets | 29/58 | €76,682 | €83,424 | +€6,742 | +8.8% |
| Stocks and contracts in progress | 3 | €5,181 | €8,726 | +€3,545 | +68.4% |
| Stocks | 30/36 | €5,181 | €8,726 | +€3,545 | +68.4% |
| Amounts receivable within one year | 40/41 | €18,638 | €14,044 | -€4,594 | -24.6% |
| Trade receivables | 40 | €7,990 | €6,855 | -€1,135 | -14.2% |
| Other amounts receivable | 41 | €10,648 | €7,189 | -€3,459 | -32.5% |
| Cash at bank and in hand | 54/58 | €52,055 | €58,956 | +€6,901 | +13.3% |
| Deferred charges and accrued income | 490/1 | €808 | €1,698 | +€890 | +110.1% |
| Total equity and liabilities | 10/49 | €112,586 | €103,362 | -€9,224 | -8.2% |
| Equity | 10/15 | €76,332 | €65,403 | -€10,929 | -14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,512 | €58,583 | -€10,929 | -15.7% |
| Amounts payable | 17/49 | €36,254 | €37,959 | +€1,705 | +4.7% |
| Amounts payable within one year | 42/48 | €35,835 | €37,959 | +€2,124 | +5.9% |
| Trade debts | 44 | €7,176 | €12,921 | +€5,745 | +80.1% |
| Suppliers | 440/4 | €7,176 | €12,921 | +€5,745 | +80.1% |
| Taxes, remuneration and social security | 45 | €15,910 | €23,155 | +€7,245 | +45.5% |
| Taxes | 450/3 | €5,498 | €3,582 | -€1,916 | -34.8% |
| Remuneration and social security | 454/9 | €10,412 | €19,573 | +€9,161 | +88.0% |
| Other amounts payable | 47/48 | €12,749 | €1,883 | -€10,866 | -85.2% |
| Accrued charges and deferred income | 492/3 | €419 | - | -€419 | |
| Remuneration, social security and pensions | 62 | €71,535 | €110,342 | +€38,807 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,731 | €15,966 | +€235 | +1.5% |
| Other operating charges | 640/8 | €1,982 | €1,496 | -€486 | -24.5% |
| Non-recurring operating charges | 66A | €2,498 | €1,142 | -€1,356 | -54.3% |
| Gross operating margin | 9900 | €110,974 | €121,131 | +€10,157 | +9.2% |
| Operating profit (loss) | 9901 | €19,228 | -€7,815 | -€27,043 | |
| Financial income | 75/76B | €50 | €145 | +€95 | +190.0% |
| Recurring financial income | 75 | €50 | €145 | +€95 | +190.0% |
| Financial charges | 65/66B | €986 | €3,259 | +€2,273 | +230.5% |
| Recurring financial charges | 65 | €986 | €3,259 | +€2,273 | +230.5% |
| Profit (loss) for the period before taxes | 9903 | €18,292 | -€10,929 | -€29,221 | |
| Profit (loss) for the period | 9904 | €18,292 | -€10,929 | -€29,221 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,292 | -€10,929 | -€29,221 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.