RONI: 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.
RONI
Largest movements
- Cash +€62,477
up €62,477 (+144.7%), from €43,183 to €105,660
mainly Debts after one year (+€94,908) and Receivables within one year (+€47,377)
- Receivables within one year -€47,377
down €47,377 (-67.7%), from €69,973 to €22,596
of which Trade receivables: -€50,607
- Tangible fixed assets -€14,311
down €14,311 (-6.7%), from €212,108 to €197,797
of which Plant, machinery and equipment: -€8,676
- Stocks and contracts +€6,950
up €6,950 (+9.5%), from €73,422 to €80,372
- Debts after one year +€94,908
up €94,908 (+55.6%), from €170,649 to €265,557
- Trade debts -€73,137
down €73,137 (-45.9%), from €159,413 to €86,275
- Other debts -€40,029
no longer reported in 2025 (was €40,029)
- Profit (loss) carried forward +€25,529
up €25,529, from -€6,498 to €19,031
- Staff costs -€24,932
down €24,932 (-22.3%), from €111,957 to €87,025
- Gross operating margin -€21,203
down €21,203 (-13.3%), from €159,779 to €138,577
- Taxes +€1,651
new in 2025: €1,651
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 | €398,961 | €406,425 | +€7,465 | +1.9% |
| Fixed assets | 21/28 | €212,283 | €197,797 | -€14,486 | -6.8% |
| Tangible fixed assets | 22/27 | €212,108 | €197,797 | -€14,311 | -6.7% |
| Land and buildings | 22 | €143,218 | €137,778 | -€5,440 | -3.8% |
| Plant, machinery and equipment | 23 | €68,651 | €59,975 | -€8,676 | -12.6% |
| Furniture and vehicles | 24 | €239 | €44 | -€195 | -81.5% |
| Financial fixed assets | 28 | €175 | - | -€175 | |
| Current assets | 29/58 | €186,678 | €208,628 | +€21,950 | +11.8% |
| Stocks and contracts in progress | 3 | €73,422 | €80,372 | +€6,950 | +9.5% |
| Stocks | 30/36 | €73,422 | €80,372 | +€6,950 | +9.5% |
| Amounts receivable within one year | 40/41 | €69,973 | €22,596 | -€47,377 | -67.7% |
| Trade receivables | 40 | €59,821 | €9,214 | -€50,607 | -84.6% |
| Other amounts receivable | 41 | €10,152 | €13,382 | +€3,230 | +31.8% |
| Cash at bank and in hand | 54/58 | €43,183 | €105,660 | +€62,477 | +144.7% |
| Deferred charges and accrued income | 490/1 | €99 | - | -€99 | |
| Total equity and liabilities | 10/49 | €398,961 | €406,425 | +€7,465 | +1.9% |
| Equity | 10/15 | €2,502 | €28,031 | +€25,529 | +1020.5% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,498 | €19,031 | +€25,529 | |
| Amounts payable | 17/49 | €396,459 | €378,395 | -€18,064 | -4.6% |
| Amounts payable after more than one year | 17 | €170,649 | €265,557 | +€94,908 | +55.6% |
| Financial debts | 170/4 | €170,649 | €265,557 | +€94,908 | +55.6% |
| Amounts payable within one year | 42/48 | €225,810 | €112,838 | -€112,972 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €16,804 | €17,047 | +€243 | +1.4% |
| Trade debts | 44 | €159,413 | €86,275 | -€73,137 | -45.9% |
| Suppliers | 440/4 | €159,413 | €86,275 | -€73,137 | -45.9% |
| Taxes, remuneration and social security | 45 | €9,565 | €9,516 | -€50 | -0.5% |
| Taxes | 450/3 | - | €1,651 | +€1,651 | |
| Remuneration and social security | 454/9 | €9,565 | €7,864 | -€1,701 | -17.8% |
| Other amounts payable | 47/48 | €40,029 | - | -€40,029 | |
| Remuneration, social security and pensions | 62 | €111,957 | €87,025 | -€24,932 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,342 | €18,911 | +€1,569 | +9.0% |
| Other operating charges | 640/8 | €1,199 | €1,818 | +€618 | +51.5% |
| Gross operating margin | 9900 | €159,779 | €138,577 | -€21,203 | -13.3% |
| Operating profit (loss) | 9901 | €29,281 | €30,823 | +€1,542 | +5.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,939 | €3,643 | +€704 | +24.0% |
| Recurring financial charges | 65 | €2,939 | €3,643 | +€704 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €26,342 | €27,180 | +€838 | +3.2% |
| Income taxes | 67/77 | - | €1,651 | +€1,651 | |
| Profit (loss) for the period | 9904 | €26,342 | €25,529 | -€813 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,342 | €25,529 | -€813 | -3.1% |
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 1 October 2026 via checked.be.