Ronsmans: 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.
Ronsmans
Largest movements
- Tangible fixed assets -€36,308
down €36,308 (-31.7%), from €114,579 to €78,272
- Cash -€24,135
down €24,135 (-33.1%), from €72,897 to €48,762
mainly Debts after one year (-€25,896) and Net result for the year (-€23,271)
- Receivables within one year +€7,719
up €7,719 (+4.3%), from €181,609 to €189,328
of which Other amounts receivable: +€14,390
- Debts after one year -€25,896
down €25,896 (-52.6%), from €49,227 to €23,331
- Reserves -€23,271
down €23,271 (-10.7%), from €217,157 to €193,886
of which Distributable reserves: -€23,271
- Trade debts -€7,381
down €7,381 (-49.4%), from €14,948 to €7,567
- Tax, wage and social debts +€4,443
up €4,443 (+15.5%), from €28,707 to €33,150
of which Remuneration and social security: +€3,166
- Staff costs -€6,296
down €6,296 (-10.2%), from €61,970 to €55,674
- Gross operating margin -€6,159
down €6,159 (-8.0%), from €76,725 to €70,565
- Financial charges -€1,417
down €1,417 (-35.8%), from €3,962 to €2,545
- Depreciation -€793
down €793 (-2.1%), from €37,100 to €36,308
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 | €370,110 | €317,386 | -€52,724 | -14.2% |
| Fixed assets | 21/28 | €115,226 | €78,918 | -€36,308 | -31.5% |
| Tangible fixed assets | 22/27 | €114,579 | €78,272 | -€36,308 | -31.7% |
| Land and buildings | 22 | €63,247 | €48,144 | -€15,104 | -23.9% |
| Plant, machinery and equipment | 23 | €15,051 | €9,032 | -€6,019 | -40.0% |
| Furniture and vehicles | 24 | €36,281 | €21,096 | -€15,185 | -41.9% |
| Financial fixed assets | 28 | €647 | €647 | = | 0.0% |
| Current assets | 29/58 | €254,884 | €238,468 | -€16,416 | -6.4% |
| Amounts receivable within one year | 40/41 | €181,609 | €189,328 | +€7,719 | +4.3% |
| Trade receivables | 40 | €53,416 | €46,745 | -€6,671 | -12.5% |
| Other amounts receivable | 41 | €128,193 | €142,583 | +€14,390 | +11.2% |
| Cash at bank and in hand | 54/58 | €72,897 | €48,762 | -€24,135 | -33.1% |
| Deferred charges and accrued income | 490/1 | €378 | €378 | = | 0.0% |
| Total equity and liabilities | 10/49 | €370,110 | €317,386 | -€52,724 | -14.2% |
| Equity | 10/15 | €251,862 | €228,591 | -€23,271 | -9.2% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Revaluation surpluses | 12 | €4,958 | €4,958 | = | 0.0% |
| Reserves | 13 | €217,157 | €193,886 | -€23,271 | -10.7% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €179,657 | €156,386 | -€23,271 | -13.0% |
| Amounts payable | 17/49 | €118,248 | €88,795 | -€29,452 | -24.9% |
| Amounts payable after more than one year | 17 | €49,227 | €23,331 | -€25,896 | -52.6% |
| Financial debts | 170/4 | €49,227 | €23,331 | -€25,896 | -52.6% |
| Amounts payable within one year | 42/48 | €69,021 | €65,464 | -€3,557 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €25,366 | €24,747 | -€619 | -2.4% |
| Trade debts | 44 | €14,948 | €7,567 | -€7,381 | -49.4% |
| Suppliers | 440/4 | €14,948 | €7,567 | -€7,381 | -49.4% |
| Taxes, remuneration and social security | 45 | €28,707 | €33,150 | +€4,443 | +15.5% |
| Taxes | 450/3 | €12,937 | €14,215 | +€1,277 | +9.9% |
| Remuneration and social security | 454/9 | €15,770 | €18,936 | +€3,166 | +20.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,138 | €0 | -€6,138 | -100% |
| Remuneration, social security and pensions | 62 | €61,970 | €55,674 | -€6,296 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,100 | €36,308 | -€793 | -2.1% |
| Other operating charges | 640/8 | €4,073 | €3,505 | -€568 | -13.9% |
| Gross operating margin | 9900 | €76,725 | €70,565 | -€6,159 | -8.0% |
| Operating profit (loss) | 9901 | -€26,419 | -€24,922 | +€1,497 | +5.7% |
| Financial income | 75/76B | €3,818 | €4,553 | +€735 | +19.3% |
| Recurring financial income | 75 | €3,818 | €4,553 | +€735 | +19.3% |
| Financial charges | 65/66B | €3,962 | €2,545 | -€1,417 | -35.8% |
| Recurring financial charges | 65 | €3,962 | €2,545 | -€1,417 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,563 | -€22,913 | +€3,649 | +13.7% |
| Income taxes | 67/77 | €470 | €358 | -€112 | -23.9% |
| Profit (loss) for the period | 9904 | -€27,033 | -€23,271 | +€3,762 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,033 | -€23,271 | +€3,762 | +13.9% |
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 25 October 2026 via checked.be.