RONIMAX: 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.
RONIMAX
Largest movements
- Cash -€12,765
down €12,765 (-28.8%), from €44,324 to €31,559
mainly Investment in fixed assets (net) (-€40,877) and Debts after one year (-€23,094)
- Tangible fixed assets +€8,920
up €8,920 (+1.4%), from €627,425 to €636,345
of which Furniture and vehicles: +€17,494
- Debts after one year -€23,094
down €23,094 (-6.1%), from €380,312 to €357,217
- Reserves +€12,592
up €12,592 (+19.2%), from €65,610 to €78,201
- Gross operating margin -€5,304
down €5,304 (-7.1%), from €74,602 to €69,297
- Depreciation +€4,466
up €4,466 (+16.3%), from €27,356 to €31,822
- Taxes -€3,282
down €3,282 (-35.8%), from €9,178 to €5,896
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 | €724,114 | €720,309 | -€3,805 | -0.5% |
| Fixed assets | 21/28 | €627,425 | €636,480 | +€9,055 | +1.4% |
| Tangible fixed assets | 22/27 | €627,425 | €636,345 | +€8,920 | +1.4% |
| Land and buildings | 22 | €608,472 | €604,919 | -€3,553 | -0.6% |
| Plant, machinery and equipment | 23 | - | €928 | +€928 | |
| Furniture and vehicles | 24 | - | €17,494 | +€17,494 | |
| Leasing and similar rights | 25 | €18,953 | €13,005 | -€5,948 | -31.4% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €96,689 | €83,829 | -€12,860 | -13.3% |
| Amounts receivable after more than one year | 29 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Other amounts receivable | 291 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €5,824 | €4,636 | -€1,188 | -20.4% |
| Trade receivables | 40 | €4,566 | €726 | -€3,840 | -84.1% |
| Other amounts receivable | 41 | €1,258 | €3,910 | +€2,652 | +211% |
| Current investments | 50/53 | €36,000 | €39,000 | +€3,000 | +8.3% |
| Cash at bank and in hand | 54/58 | €44,324 | €31,559 | -€12,765 | -28.8% |
| Deferred charges and accrued income | 490/1 | €4,541 | €3,634 | -€907 | -20.0% |
| Total equity and liabilities | 10/49 | €724,114 | €720,309 | -€3,805 | -0.5% |
| Equity | 10/15 | €288,610 | €301,201 | +€12,592 | +4.4% |
| Contributions | 10/11 | €223,000 | €223,000 | = | 0.0% |
| Reserves | 13 | €65,610 | €78,201 | +€12,592 | +19.2% |
| Distributable reserves | 133 | €65,610 | €78,201 | +€12,592 | +19.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €435,504 | €419,108 | -€16,396 | -3.8% |
| Amounts payable after more than one year | 17 | €380,312 | €357,217 | -€23,094 | -6.1% |
| Financial debts | 170/4 | €380,312 | €357,217 | -€23,094 | -6.1% |
| Amounts payable within one year | 42/48 | €51,260 | €59,378 | +€8,117 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €32,735 | €36,692 | +€3,957 | +12.1% |
| Trade debts | 44 | €1,677 | €5,656 | +€3,980 | +237% |
| Suppliers | 440/4 | €1,677 | €5,656 | +€3,980 | +237% |
| Taxes, remuneration and social security | 45 | €2,893 | €3,284 | +€391 | +13.5% |
| Taxes | 450/3 | €2,893 | €3,284 | +€391 | +13.5% |
| Other amounts payable | 47/48 | €13,956 | €13,745 | -€210 | -1.5% |
| Accrued charges and deferred income | 492/3 | €3,932 | €2,513 | -€1,419 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,356 | €31,822 | +€4,466 | +16.3% |
| Other operating charges | 640/8 | €4,679 | €5,111 | +€432 | +9.2% |
| Gross operating margin | 9900 | €74,602 | €69,297 | -€5,304 | -7.1% |
| Operating profit (loss) | 9901 | €42,568 | €32,365 | -€10,203 | -24.0% |
| Financial income | 75/76B | €1,071 | €1,701 | +€631 | +58.9% |
| Recurring financial income | 75 | €1,071 | €1,701 | +€631 | +58.9% |
| Financial charges | 65/66B | €14,413 | €13,979 | -€434 | -3.0% |
| Recurring financial charges | 65 | €14,413 | €13,979 | -€434 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €29,225 | €20,087 | -€9,138 | -31.3% |
| Income taxes | 67/77 | €9,178 | €5,896 | -€3,282 | -35.8% |
| Profit (loss) for the period | 9904 | €20,048 | €14,192 | -€5,856 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,048 | €14,192 | -€5,856 | -29.2% |
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 14 October 2026 via checked.be.