RONTHERM: 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.
RONTHERM
Largest movements
- Receivables within one year -€15,171
down €15,171 (-7.0%), from €216,955 to €201,784
of which Other amounts receivable: -€15,291
- Tangible fixed assets -€3,701
down €3,701 (-96.1%), from €3,852 to €151
of which Furniture and vehicles: -€3,501
- Short-term financial debts -€13,503
down €13,503 (-56.2%), from €24,035 to €10,532
of which Other loans: -€13,236
- Current portion of long-term debt -€3,202
no longer reported in 2025 (was €3,202)
- Depreciation -€4,575
down €4,575 (-55.3%), from €8,276 to €3,701
- Gross operating margin +€4,196
up €4,196 (+52.6%), from -€7,980 to -€3,785
- Financial income -€181
down €181 (-2.1%), from €8,578 to €8,397
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,025 | €202,119 | -€18,905 | -8.6% |
| Fixed assets | 21/28 | €3,852 | €151 | -€3,701 | -96.1% |
| Tangible fixed assets | 22/27 | €3,852 | €151 | -€3,701 | -96.1% |
| Furniture and vehicles | 24 | €3,652 | €151 | -€3,501 | -95.9% |
| Other tangible fixed assets | 26 | €200 | - | -€200 | |
| Current assets | 29/58 | €217,173 | €201,968 | -€15,205 | -7.0% |
| Amounts receivable within one year | 40/41 | €216,955 | €201,784 | -€15,171 | -7.0% |
| Trade receivables | 40 | - | €120 | +€120 | |
| Other amounts receivable | 41 | €216,955 | €201,664 | -€15,291 | -7.0% |
| Deferred charges and accrued income | 490/1 | €218 | €184 | -€34 | -15.4% |
| Total equity and liabilities | 10/49 | €221,025 | €202,119 | -€18,905 | -8.6% |
| Equity | 10/15 | €191,054 | €189,814 | -€1,239 | -0.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €160,067 | €158,828 | -€1,239 | -0.8% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €156,968 | €155,729 | -€1,239 | -0.8% |
| Amounts payable | 17/49 | €29,971 | €12,305 | -€17,666 | -58.9% |
| Amounts payable within one year | 42/48 | €29,971 | €12,305 | -€17,666 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €3,202 | - | -€3,202 | |
| Financial debts | 43 | €24,035 | €10,532 | -€13,503 | -56.2% |
| Credit institutions | 430/8 | €2,808 | €2,541 | -€267 | -9.5% |
| Other loans | 439 | €21,227 | €7,991 | -€13,236 | -62.4% |
| Trade debts | 44 | €2,734 | €1,773 | -€961 | -35.1% |
| Suppliers | 440/4 | €2,734 | €1,773 | -€961 | -35.1% |
| Non-recurring operating income | 76A | €826 | - | -€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,276 | €3,701 | -€4,575 | -55.3% |
| Other operating charges | 640/8 | €901 | €887 | -€13 | -1.5% |
| Gross operating margin | 9900 | -€7,980 | -€3,785 | +€4,196 | +52.6% |
| Operating profit (loss) | 9901 | -€17,156 | -€8,373 | +€8,784 | +51.2% |
| Financial income | 75/76B | €8,578 | €8,397 | -€181 | -2.1% |
| Recurring financial income | 75 | €8,578 | €8,397 | -€181 | -2.1% |
| Financial charges | 65/66B | €1,267 | €1,263 | -€3 | -0.3% |
| Recurring financial charges | 65 | €1,267 | €1,263 | -€3 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,845 | -€1,239 | +€8,606 | +87.4% |
| Profit (loss) for the period | 9904 | -€9,845 | -€1,239 | +€8,606 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,845 | -€1,239 | +€8,606 | +87.4% |
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 10 October 2026 via checked.be.