RONNY: 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.
RONNY
Largest movements
- Receivables within one year +€60,939
up €60,939 (+734%), from €8,305 to €69,244
- Tangible fixed assets -€21,968
down €21,968 (-3.2%), from €693,748 to €671,780
of which Land and buildings: -€19,003
- Cash -€17,745
down €17,745 (-19.2%), from €92,439 to €74,694
mainly Receivables within one year (-€60,939) and Other debts (-€47,834)
- Reserves +€78,000
up €78,000 (+16.9%), from €461,859 to €539,859
of which Distributable reserves: +€78,000
- Other debts -€47,834
down €47,834 (-30.8%), from €155,158 to €107,324
- Debts after one year -€14,746
down €14,746 (-14.7%), from €100,053 to €85,307
- Tax, wage and social debts +€11,051
up €11,051 (+203%), from €5,457 to €16,508
- Trade debts -€9,732
down €9,732 (-98.4%), from €9,885 to €153
- Gross operating margin +€119,838
up €119,838 (+465%), from €25,798 to €145,636
- Taxes +€33,380
up €33,380 (+5,033%), from €663 to €34,044
- Depreciation -€1,837
down €1,837 (-6.9%), from €26,660 to €24,823
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 | €798,555 | €826,859 | +€28,304 | +3.5% |
| Fixed assets | 21/28 | €693,748 | €671,780 | -€21,968 | -3.2% |
| Tangible fixed assets | 22/27 | €693,748 | €671,780 | -€21,968 | -3.2% |
| Land and buildings | 22 | €684,652 | €665,649 | -€19,003 | -2.8% |
| Plant, machinery and equipment | 23 | €3,350 | €4,295 | +€945 | +28.2% |
| Furniture and vehicles | 24 | €4,703 | €1,035 | -€3,668 | -78.0% |
| Other tangible fixed assets | 26 | €1,043 | €801 | -€242 | -23.2% |
| Current assets | 29/58 | €104,807 | €155,079 | +€50,272 | +48.0% |
| Amounts receivable within one year | 40/41 | €8,305 | €69,244 | +€60,939 | +734% |
| Trade receivables | 40 | €8,305 | €69,244 | +€60,939 | +734% |
| Cash at bank and in hand | 54/58 | €92,439 | €74,694 | -€17,745 | -19.2% |
| Deferred charges and accrued income | 490/1 | €4,063 | €11,141 | +€7,078 | +174% |
| Total equity and liabilities | 10/49 | €798,555 | €826,859 | +€28,304 | +3.5% |
| Equity | 10/15 | €511,053 | €591,488 | +€80,434 | +15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €461,859 | €539,859 | +€78,000 | +16.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €460,000 | €538,000 | +€78,000 | +17.0% |
| Profit (loss) carried forward | 14 | €36,794 | €39,228 | +€2,434 | +6.6% |
| Amounts payable | 17/49 | €287,502 | €235,371 | -€52,131 | -18.1% |
| Amounts payable after more than one year | 17 | €100,053 | €85,307 | -€14,746 | -14.7% |
| Financial debts | 170/4 | €100,053 | €85,307 | -€14,746 | -14.7% |
| Amounts payable within one year | 42/48 | €184,949 | €138,731 | -€46,218 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €14,449 | €14,746 | +€297 | +2.1% |
| Trade debts | 44 | €9,885 | €153 | -€9,732 | -98.4% |
| Suppliers | 440/4 | €9,885 | €153 | -€9,732 | -98.4% |
| Taxes, remuneration and social security | 45 | €5,457 | €16,508 | +€11,051 | +203% |
| Taxes | 450/3 | €5,457 | €16,508 | +€11,051 | +203% |
| Other amounts payable | 47/48 | €155,158 | €107,324 | -€47,834 | -30.8% |
| Accrued charges and deferred income | 492/3 | €2,500 | €11,333 | +€8,833 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,660 | €24,823 | -€1,837 | -6.9% |
| Other operating charges | 640/8 | €3,153 | €2,814 | -€338 | -10.7% |
| Gross operating margin | 9900 | €25,798 | €145,636 | +€119,838 | +465% |
| Operating profit (loss) | 9901 | -€4,015 | €117,999 | +€122,014 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €4,066 | €3,521 | -€545 | -13.4% |
| Recurring financial charges | 65 | €4,066 | €3,521 | -€545 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,079 | €114,478 | +€122,557 | |
| Income taxes | 67/77 | €663 | €34,044 | +€33,380 | +5,033% |
| Profit (loss) for the period | 9904 | -€8,742 | €80,434 | +€89,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,742 | €80,434 | +€89,177 |
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.