RONSEA: 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.
RONSEA
Largest movements
- Receivables within one year -€30,292
down €30,292 (-76.0%), from €39,870 to €9,578
- Tangible fixed assets -€18,852
down €18,852 (-3.0%), from €627,465 to €608,613
of which Land and buildings: -€17,686
- Cash -€16,041
down €16,041 (-63.0%), from €25,482 to €9,441
mainly Other debts (-€77,478) and Trade debts (-€43,037)
- Other debts -€77,478
down €77,478 (-22.2%), from €349,308 to €271,830
- Reserves +€69,577
up €69,577 (+273.1%), from €25,478 to €95,055
- Trade debts -€43,037
down €43,037 (-74.9%), from €57,489 to €14,452
- Debts after one year -€20,000
down €20,000 (-13.2%), from €151,666 to €131,666
- Gross operating margin +€45,749
up €45,749 (+80.5%), from €56,858 to €102,607
- Depreciation -€6,584
down €6,584 (-25.9%), from €25,436 to €18,852
- Taxes +€6,308
up €6,308 (+247.2%), from €2,552 to €8,860
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 | €692,817 | €627,632 | -€65,185 | -9.4% |
| Fixed assets | 21/28 | €627,465 | €608,613 | -€18,852 | -3.0% |
| Tangible fixed assets | 22/27 | €627,465 | €608,613 | -€18,852 | -3.0% |
| Land and buildings | 22 | €626,299 | €608,613 | -€17,686 | -2.8% |
| Plant, machinery and equipment | 23 | €1,166 | - | -€1,166 | |
| Current assets | 29/58 | €65,352 | €19,019 | -€46,333 | -70.9% |
| Amounts receivable within one year | 40/41 | €39,870 | €9,578 | -€30,292 | -76.0% |
| Trade receivables | 40 | €39,870 | €9,578 | -€30,292 | -76.0% |
| Cash at bank and in hand | 54/58 | €25,482 | €9,441 | -€16,041 | -63.0% |
| Total equity and liabilities | 10/49 | €692,817 | €627,632 | -€65,185 | -9.4% |
| Equity | 10/15 | €110,506 | €180,083 | +€69,577 | +63.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €25,478 | €95,055 | +€69,577 | +273.1% |
| Non-distributable reserves | 130/1 | €25,478 | €95,055 | +€69,577 | +273.1% |
| Reserves not available under the articles | 1311 | €25,478 | €95,055 | +€69,577 | +273.1% |
| Profit (loss) carried forward | 14 | €60,028 | €60,028 | = | 0.0% |
| Amounts payable | 17/49 | €582,311 | €447,549 | -€134,762 | -23.1% |
| Amounts payable after more than one year | 17 | €151,666 | €131,666 | -€20,000 | -13.2% |
| Financial debts | 170/4 | €151,666 | €131,666 | -€20,000 | -13.2% |
| Amounts payable within one year | 42/48 | €429,748 | €315,883 | -€113,865 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €57,489 | €14,452 | -€43,037 | -74.9% |
| Suppliers | 440/4 | €57,489 | €14,452 | -€43,037 | -74.9% |
| Taxes, remuneration and social security | 45 | €2,951 | €9,601 | +€6,650 | +225.3% |
| Taxes | 450/3 | €2,951 | €9,601 | +€6,650 | +225.3% |
| Other amounts payable | 47/48 | €349,308 | €271,830 | -€77,478 | -22.2% |
| Accrued charges and deferred income | 492/3 | €897 | - | -€897 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,436 | €18,852 | -€6,584 | -25.9% |
| Other operating charges | 640/8 | €2,137 | €2,200 | +€63 | +2.9% |
| Gross operating margin | 9900 | €56,858 | €102,607 | +€45,749 | +80.5% |
| Operating profit (loss) | 9901 | €29,285 | €81,555 | +€52,270 | +178.5% |
| Financial charges | 65/66B | €3,755 | €3,118 | -€637 | -17.0% |
| Recurring financial charges | 65 | €3,755 | €3,118 | -€637 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €25,530 | €78,437 | +€52,907 | +207.2% |
| Income taxes | 67/77 | €2,552 | €8,860 | +€6,308 | +247.2% |
| Profit (loss) for the period | 9904 | €22,978 | €69,577 | +€46,599 | +202.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,978 | €69,577 | +€46,599 | +202.8% |
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 5 October 2026 via checked.be.